CESifo Working Paper Series

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9761: Are Fiscal Consolidation Episodes Helpful for Public Sector Efficiency?

Antonio Afonso and José Alves

9760: The Origins of Elite Persistence: Evidence from Political Purges in Post-World War II France

Toke Aidt, Jean Lacroix and Pierre-Guillaume Méon

9759: No Surprises, Please: Voting Costs and Electoral Turnout

Jean-Victor Alipour and Valentin Lindlacher

9758: Mobile Internet Access and the Desire to Emigrate

Joop Age Harm Adema, Cevat Giray Aksoy and Panu Poutvaara

9757: Global Profit Shifting of Multinational Companies: Evidence from CbCR Micro Data

Clemens Fuest, Stefan Greil, Felix Hugger and Florian Neumeier

9756: Do Funds for More Teachers Improve Student Outcomes?

Nicolai T. Borgen, Lars Kirkebøen, Andreas Kotsadam and Oddbjørn Raaum

9755: Globalization, Fertility and Marital Behavior in a Lowest-Low Fertility Setting

Osea Giuntella, Lorenzo Rotunno and Luca Stella

9754: Social Distancing, Vaccination and Evolution of Covid-19 Transmission Rates in Europe

Alexander Chudik, Mohammad Pesaran and Alessandro Rebucci

9753: Overwhelmed by Routine Tasks: A Multi-Tasking Principle Agent Perspective

Dominique Demougin and Carsten Helm

9752: The Relevance of Banks to the European Stock Market

Andreas Kick and Horst Rottmann

9751: Monopsony Makes Firms Not Only Small but Also Unproductive: Why East-Germany Has Not Converged

Ruediger Bachmann, Christian Bayer, Heiko Stüber and Felix Wellschmied

9750: Fertility and Family Labor Supply

Katrine Marie Jakobsen, Thomas Jørgensen, Hamish Low and Katrine Marie Jakobsen

9749: Labor Market Institutions, Fiscal Multipliers, and Macroeconomic Volatility

Maximilian Boeck, Jesus Crespo Cuaresma and Christian Glocker

9748: Exchange Rate and Inflation under Weak Monetary Policy: Turkey Verifies Theory

Refet Gürkaynak, Burçin Kısacıkoğlu and Sang Seok Lee

9747: Till Taxes Keep Us Apart? The Impact of the Marriage Tax on the Marriage Rate

Nadia Myohl

9746: What's Across the Border? Re-Evaluating the Cross-Border Evidence on Minimum Wage Effects

Priyaranjan Jha, David Neumark and Antonio Rodriguez-Lopez

9745: Alcohol Price Floors and Externalities: The Case of Fatal Road Crashes

Marco Francesconi and Jonathan James

9744: The Effect of Losing and Winning on Cheating and Effort in Repeated Competitions

Sarah Necker and Fabian Paetzel

9743: Exchange Rate Elasticities of International Tourism and the Role of Dominant Currency Pricing

Ding Ding and Yannick Timmer

9742: The Power of Youth: Did the "Fridays for Future" Climate Movement Trickle-Up to Influence, Voters, Politicians, and the Media?

Marc Fabel, Matthias Flückiger, Markus Ludwig, Helmut Rainer, Maria Waldinger and Sebastian Wichert

9741: Does Public Employment Affect Household Saving Rates? Evidence from Chinese Household Data

Can Xu and Andreas Steiner

9740: Informal Incentives and Labor Markets

Matthias Fahn and Takeshi Murooka

9739: Wealth and Its Distribution in Germany, 1895-2018

Thilo N. H. Albers, Charlotte Bartels and Moritz Schularick

9738: Does Government Spending Efficiency Improve Fiscal Sustainability?

Antonio Afonso and José Alves

9737: Group Identities Make Fragile Tipping Points

Sönke Ehret, Sara M. Constantino, Elke U. Weber, Charles Efferson and Sonja Vogt

9736: Policy Competition, Imitation and Coordination under Uncertainty

Carsten Hefeker

9735: Policies for Electrification of the Car Fleet in the Short and Long Run - Subsidizing Electric Vehicles or Subsidizing Charging Stations?

Cathrine Hagem, Snorre Kverndokk, Eric Nævdal and Knut Einar Rosendahl

9734: A Theory of Hypocrisy

Alice Hallman and Daniel Spiro

9733: Heterogeneous Information, Subjective Model Beliefs, and the Time-Varying Transmission of Shocks

Alistair Macaulay

9732: The Anatomy of the Global Saving Glut

Luis Bauluz, Filip Novokmet and Moritz Schularick

9731: Explicit and Implicit Belief-Based Gender Discrimination: A Hiring Experiment

Kai Barron, Ruth Ditlmann, Stefan Gehrig and Sebastian Schweighofer-Kodritsch

9730: Alternative Measures for the Global Financial Cycle: Do They Make a Difference?

Xin Tian, Jan Jacobs and Jakob de Haan

9729: Peers Affect Personality Development

Xiaoque Shan and Ulf Zölitz

9728: A New Macroeconomic Measure of Human Capital Exploiting PISA and PIAAC: Linking Education Policies to Productivity

Balázs Égert, Christine de la Maisonneuve and David Turner

9727: How to Finance Climate Change Policies? Evidence from Consumers' Beliefs

Francesco D'Acunto, Sascha Möhrle, Florian Neumeier, Andreas Peichl, Michael Weber and Michael Weber

9726: The WB Constant Dollar Income Concept: An Interpretation

Syed Ahsan and S. Quamrul Ahsan

9725: A Rising Tide? The Local Incidence of the Second Wave of Globalization

Rowena Gray and Greg C. Wright

9724: The Performance of Socially Responsible Investments: A Meta-Analysis

Lars Hornuf and Gül Yüksel

9723: Social Media and Mental Health

Luca Braghieri, Ro'ee Levy and Alexey Makarin

9722: Multiproduct Mergers and the Product Mix in Domestic and Foreign Markets

Jackie M.L. Chan, Michael Irlacher and Michael Koch

9721: Cutting through the Value Chain: The Long-Run Effects of Decoupling the East from the West

Gabriel Felbermayr, Hendrik Mahlkow and Alexander-Nikolai Sandkamp

9720: Profit Shifting, Employee Pay, and Inequalities: Evidence from US-Listed Companies

Baptiste Souillard

9719: Social Recognition: Experimental Evidence from Blood Donors

Lorenz Götte and Egon Tripodi

9718: A Class of Behavioral Models for the Profit-Maximizing Firm

Philippe Choné and Laurent Linnemer

9717: Network Externalities, Dominant Value Margins, and Equilibrium Uniqueness

Jay Pil Choi and Christodoulos Stefanadis

9716: Causal Effects of Countercyclical Interest Rates: Evidence from the Classical Gold Standard

Kris James Mitchener and Goncalo Pina

9715: Abadie's Kappa and Weighting Estimators of the Local Average Treatment Effect

Tymon Słoczyński, S. Derya Uysal, Jeffrey Wooldridge and Derya Uysal

9714: Identification and Estimation of Categorical Random Coefficient Models

Zhan Gao and Mohammad Pesaran

9713: Setting Adequate Wages for Workers: Managers' Work Experience, Incentive Scheme and Gender Matter

David Huber, Leonie Kühl and Nora Szech

9712: Is the Price Right? The Role of Morals, Ideology, and Tradeoff Thinking in Explaining Reactions to Price Surges

Julio Elias, Nicola Lacetera and Mario Macis

9711: Globally Engaged Firms in the Covid-19 Crisis

Cristina Constantinescu, Ana Margarida Fernandes, Arti Grover, Stavros Poupakis and Santiago Reyes

9710: Disastrous Discretion: Ambiguous Decision Situations Foster Political Favoritism

Stephan A. Schneider and Sven Kunze

9709: How Economic, Political and Institutional Factors Influence the Choice of Exchange Rate Regimes? New Evidence from Selected Countries of the MENA Region

Najia Maraoui, Thouraya Hadj Amor, Islem Khefacha and Christophe Rault

9708: Migration Aspirations and Intentions

Matthias Huber, Till Nikolka, Panu Poutvaara, Ann-Marie Sommerfeld and Silke Uebelmesser

9707: Extending the Limits of the Abatement Cost

Guy Meunier and Jean-Pierre Ponssard

9706: The Impacts of the Dollar-Renminbi Exchange Rate Misalignment on the China-United States Commodity Trade: An Asymmetric Analysis

Sabrine Ferjani, Sami Saafi, Ridha Nouira and Christophe Rault

9705: Gender Discrimination in Competitive Markets

Sugata Marjit and Reza Oladi

9704: Behavioral Responses to Supply-Side Drug Policy During the Opioid Epidemic

Simone Balestra, Helge Liebert, Nicole Maestas and Tisamarie B. Sherry

9703: Skill Mismatch and the Costs of Job Displacement

Frank Neffke, Ljubica Nedelkoska and Simon Wiederhold

9702: Covid-19 Crisis, Economic Hardships and Schooling Outcomes

Esther Gehrke, Friederike Lenel and Claudia Schupp

9701: Measuring Firm Activity from Outer Space

Katarzyna Bilicka and André Seidel

9700: Wealth Taxation and Charitable Giving

Marius A. K. Ring and Thor Thoresen

9699: Physicians and the Production of Health: Returns to Health Care During the Mortality Transition

Helge Liebert and Beatrice Mäder

9698: Covid-Induced School Closures in the US and Germany: Long-Term Distributional Effects

Nicola Fuchs-Schündeln

9697: How Does Party Discipline Affect Legislative Behavior? Evidence from Within-Session Variation in Lame Duck Status

Jon Fiva and Oda Nedregård

9696: Disengaging from Reality - Online Behavior and Unpleasant Political News

Leonardo D'Amico and Guido Tabellini

9695: Causal Effects of the Fed's Large-Scale Asset Purchases on Firms' Capital Structure

Andrea Nocera and Mohammad Pesaran

9694: Do Management Practices Matter in Further Education?

Sandra McNally, Luis Schmidt and Anna Valero

9693: Dynamics of Subjective Risk Premia

Stefan Nagel and Zhengyang Xu

9692: Minimum Wage and Collective Bargaining Reforms: A Narrative Database for Advance Economies

Antonio Afonso, Joao Jalles and Zoe Venter

9691: Does Social Capital Matter? A Study of Hit-and-Run in US Counties

Stefano Castriota, Sandro Rondinella and Mirco Tonin

9690: Forecasting With Panel Data: Estimation Uncertainty Versus Parameter Heterogeneity

Mohammad Pesaran, Andreas Pick and Allan Timmermann

9689: Refugee Migration and the Labor Market: Lessons from 40 Years of Post-Arrival Policies in Denmark

Jacob Arendt, Christian Dustmann and Hyejin Ku

9688: Sovereign Defaults and Debt Sustainability: The Debt Recovery Channel

Ibrahima Diarra, Michel Guillard and Hubert Kempf

9687: Forecasting Inflation with a Zero Lower Bound or Negative Interest Rates: Evidence from Point and Density Forecasts

Christina Anderl and Guglielmo Maria Caporale

9686: Visual Representation and Stereotypes in News Media

Elliott Ash, Ruben Durante, Maria Grebenshchikova and Carlo Schwarz

9685: The Incidence and Outcomes of Industrial Action: New Evidence from the 2019 European Company Survey

John Addison and Paulino Teixeira

9684: The Role of Venture Capital and Governments in Clean Energy: Lessons from the First Cleantech Bubble

Matthias van den Heuvel and David Popp

9683: Risky Moms, Risky Kids? Fertility and Crime after the Fall of the Wall

Arnaud Chevalier and Olivier Marie

9682: Long-Run Impacts of In-Utero Ramadan Exposure: Evidence from Administrative Tax Records

Timotej Cejka, Mazhar Waseem and Mazhar Waseem

9681: A Partial Identification Approach to Identifying the Determinants of Human Capital Accumulation: An Application to Teachers

Nirav Mehta

9680: The Social Integration of International Migrants: Evidence from the Networks of Syrians in Germany

Michael Bailey, Drew Johnston, Martin Koenen, Theresa Kuchler, Dominic Russel and Johannes Stroebel

9679: The Long-Run Effects of Immigration: Evidence across a Barrier to Refugee Settlement

Antonio Ciccone and Jan Nimczik

9678: The Euro Area Government Spending Multiplier in Demand- and Supply-Driven Recessions

Mario Di Serio, Matteo Fragetta, Emanuel Gasteiger and Giovanni Melina

9677: Inequality, Life Expectancy, and the Intragenerational Redistribution Puzzle - Some Experimental Evidence

Tim Krieger, Christine Meemann and Stefan Traub

9676: Lost in the Net? Broadband Internet and Youth Mental Health

Dante Donati, Ruben Durante, Francesco Sobbrio and Dijana Zejcirovic

9675: A Model of the Effects of Gender Neutral Tenure Clock Stopping Policies on the Publication Strategies of Junior Faculty

Elisabeth Gugl, Moein Amini and Martin Farnham

9674: A Thousand Cuts: Cumulative Lead Exposure Reduces Academic Achievement

Alex Hollingsworth, Mike Huang, Ivan Rudik and Nicholas J. Sanders

9673: The Demand for News: Accuracy Concerns Versus Belief Confirmation Motives

Felix Chopra, Ingar K. Haaland and Christopher Roth

9672: Finance, Trade, Man and Machines: A New-Ricardian Heckscher-Ohlin-Samuelson Model

Sugata Marjit and Gouranga Das

9671: Taxing the Gender Gap: Labor Market Effects of a Payroll Tax Cut for Women in Italy

Enrico Rubolino

9670: Can Moral Reminders Curb Corruption? Evidence from an Online Classroom Experiment

Corinna Claus, Ekkehard Köhler and Tim Krieger

9669: The 2020 US Presidential Election and Trump's Trade War

James Lake and Jun Nie

9668: The Impact of Covid-19 on Community College Enrollment and Student Success: Evidence from California Administrative Data

George Bulman and Robert Fairlie

9667: The Shadow of the Neolithic Revolution on Life Expectancy: A Double-Edged Sword

Raphael Franck, Oded Galor, Omer Moav and Ömer Özak

9666: Beyond the Business Climate: Regular and Supplementary Questions in the ifo Business Survey

Katrin Demmelhuber, Stefan Sauer and Klaus Wohlrabe

9665: Housing Market Expectations

Theresa Kuchler, Monika Piazzesi and Johannes Stroebel

9664: Who Increases Emergency Department Use? New Insights from the Oregon Health Insurance Experiment

Augustine Denteh and Helge Liebert

9663: The (Non-)Neutrality of Value-Added Taxation

Georg Schneider, Frank Stähler and Georg U. Thunecke

9662: How Money Relates to Value? An Empirical Examination on Gold, Silver and Bitcoin

José Alves and João Quental Gonçalves