CESifo Working Paper Series

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9561: Secular Stagnation: Is Immigration Part of the Solution?

José Alves and Sandro Morgado

9560: Making Subsidies Work: Rules vs. Discretion

Federico Cingano, Filippo Palomba, Paolo Pinotti and Enrico Rettore

9559: Twin Deficits through the Looking Glass: Time-Varying Analysis in the Euro Area

Antonio Afonso and José Coelho

9558: Vice and Virtue Behaviors: Disentangling Substitution and Direct Effects of the Price of Giving

Alexander D. Cornish and Stephanie A. Heger

9557: Firm-to-Firm Trade: Imports, Exports, and the Labor Market

Jonathan Eaton, Samuel Kortum and Francis Kramarz

9556: Granting Market Countries the Right to Tax Profit without Physical Nexus

Wolfram Richter

9555: Tutoring in (Online) Higher Education: Experimental Evidence

David Hardt, Markus Nagler and Johannes Rincke

9554: Modelling Persistence and Non-Linearities in the US Treasury 10-Year Bond Yields

Guglielmo Maria Caporale, Luis Gil-Alana and Olaoluwa Yaya

9553: 'Investing' in Care for Old Age? An Examination of Long-Term Care Expenditure Dynamics and Its Spillovers

Joan Costa-i-Font and Cristina Vilaplana-Prieto

9552: Technology Transfer and Early Industrial Development: Evidence from the Sino-Soviet Alliance

Michela Giorcelli and Bo Li

9551: Teacher Labor Market Equilibrium and Student Achievement

Michael Bates, Michael Dinerstein, Andrew Johnston and Isaac Sorkin

9550: Sick Leave Cuts and (Unhealthy) Returns to Work

Olivier Marie and Judit Vall Castello

9549: Can Cognitive Dissonance Theory Explain Action Induced Changes in Political Preferences?

Tanja Artiga Gonzalez, Francesco Capozza and Georg Granic

9548: Trademarks as Intellectual Property: Information Frictions, Firm Growth, and Competition

Laura Alfaro, Cathy Bao, Maggie X. Chen, Junjie Hong and Claudia Steinwender

9547: Endogenous Risk Attitudes

Nick Netzer, Arthur Robson, Jakub Steiner and Pavel Kocourek

9546: Speed, Quality, and the Optimal Timing of Complex Decisions: Field Evidence

Uwe Sunde, Dainis Zegners and Anthony Strittmatter

9545: Social Preferences and Redistributive Politics

Ernst Fehr, Thomas Epper and Julien Senn

9544: Nonlinearities in the Exchange Rate Pass-Through: The Role of Inflation Expectations

Christina Anderl and Guglielmo Maria Caporale

9543: Ideological Spillovers across the Atlantic? Evidence from Trump's Presidential Election

Joan Costa-i-Font and Martin Ljunge

9542: Climate Change and Economic Activity: Evidence from U.S. States

Kamiar Mohaddes, Ryan N. C. Ng, Mohammad Pesaran, Mehdi Raissi and Jui-Chung Yang

9541: Expecting Brexit

Swati Dhingra and Thomas Sampson

9540: Hourly Wages in Crowdworking: A Meta-Analysis

Lars Hornuf and Daniel Vrankar

9539: Public Policies and Long-Run Growth in a Model with Environmental Degradation

Luigi Bonatti and Lorenza Alexandra Lorenzetti

9538: Local Property Tax Reform and Municipality Spending Efficiency

Antonio Afonso and Ana Venâncio

9537: Sustainable Finance and Climate Change: Wasteful but a Political Commitment Device?

Clemens Fuest and Volker Meier

9536: The Effect of Corruption on Internal Conflict in Iran Using Newspaper Coverage

Mohammad Reza Farzanegan and Reza Zamani

9535: Does Demography Determine Democratic Attitudes?

Rainer Kotschy and Uwe Sunde

9534: Optimal Taxation with Multiple Incomes and Types

Kevin Spiritus, Etienne Lehmann, Sander Renes and Floris Zoutman

9533: Will Markets Provide Humane Jobs? A Hypothesis

Arash Nekoei

9532: Technology Transfer in Global Value Chains

Thomas Sampson

9531: Doubling Back on Double Marginalization

Laurent Linnemer

9530: The Macroeconomic Effects of Funding U.S. Infrastructure

James Malley, Apostolis Philippopoulos and Jim Malley

9529: The Economic Impact of Deepening Trade Agreements

Lionel Fontagné, Nadia Rocha, Michele Ruta and Gianluca Santoni

9528: Labor Scarcity, Technology Adoption and Innovation: Evidence from the Cholera Pandemics in 19th Century France

Raphael Franck

9527: The Global Minimum Tax

Niels Johannesen

9526: School Indiscipline and Crime

Tony Beatton, Michael P Kidd and Matteo Sandi

9525: Value Creation by Ad-Funded Platforms

Gregor Langus and Vilen Lipatov

9524: Public School Access or Stay-at-Home Partner: Factors Mitigating the Adverse Effects of the Covid-19 Pandemic on Academic Parents

Tatyana Deryugina, Olga Shurchkov and Jenna Stearns

9523: The Political Economy of Early Covid-19 Interventions in US States

Martin Gonzalez-Eiras and Dirk Niepelt

9522: Altruism Begets Altruism

Stephanie A. Heger and Robert Slonim

9521: Fueling Organized Crime: The Mexican War on Drugs and Oil Thefts

Giacomo Battiston, Gianmarco Daniele, Marco Le Moglie and Paolo Pinotti

9520: Income Contingency and the Electorate's Support for Tuition

Philipp Lergetporer and Ludger Woessmann

9519: Herding, Warfare, and a Culture of Honor: Global Evidence

Yiming Cao, Benjamin Enke, Armin Falk, Paola Giuliano and Nathan Nunn

9518: Gender Differences in Competitiveness: The Role of Social Incentives

Michalis Drouvelis and Mary Rigdon

9517: Talk or Text? Evaluating Response Rates by Remote Survey Method during Covid-19

Sofia Amaral, Lelys Dinarte-Diaz, Patricio Dominguez, Steffanny Romero and Santiago Perez-Vincent

9516: When Parents Decide: Gender Differences in Competitiveness

Jonas Tungodden, Alexander Willén and Alexander L.P. Willén

9515: Men Are from Mars, and Women Too: A Bayesian Meta-Analysis of Overconfidence Experiments

Oriana Bandiera, Nidhi Parekh, Barbara Petrongolo and Michelle Rao

9514: Tasks, Occupations, and Slowbalization: On the Limits of Fragmentation

Steven Brakman, Charles van Marrewijk and Charles van Marrewijk

9513: How Does Group-Decision Making Affect Subsequent Individual Behavior?

Philipp Dörrenberg and Christoph Feldhaus

9512: Inclusive Monetary Policy: How Tight Labor Markets Facilitate Broad-Based Employment Growth

Nittai K. Bergman, David Matsa, Michael Weber and Michael Weber

9511: How Distortive Are Turnover Taxes? Evidence from Replacing Turnover Tax with VAT

Jing Xing, Katarzyna Bilicka and Xipei Hou

9510: Persistent States: Lessons for Scottish Devolution and Independence

Vito Muscatelli, Graeme Roy and Alex Trew

9509: The Origins of Gender Differences in Competitiveness and Earnings Expectations: Causal Evidence from a Mentoring Intervention

Teodora Boneva, Thomas Buser, Armin Falk and Fabian Kosse

9508: Worker Beliefs about Outside Options

Simon Jäger, Christopher Roth, Nina Roussille and Benjamin Schoefer

9507: A Game-Theoretic Analysis of Childhood Vaccination Behavior: Nash versus Kant

Philippe De Donder, Humberto Llavador, Stefan Penczynski, John Roemer and Roberto Vélez

9506: Reducing Sexual-Orientation Discrimination: Experimental Evidence from Basic Information Treatments

Cevat Giray Aksoy, Christopher S. Carpenter, Ralph De Haas, Mathias Dolls and Lisa Windsteiger

9505: Voluntary Equity, Project Risk, and Capital Requirements

Andreas Haufler and Christoph Lülfesmann

9504: Can Schools Change Religious Attitudes? Evidence from German State Reforms of Compulsory Religious Education

Benjamin Arold, Ludger Woessmann and Larissa Zierow

9503: Overcoming Time Inconsistency with a Matched Bet: Theory and Evidence from Exercising

Andrej Woerner

9502: The Income Consequences of Managed Retreat

Thoa Hoang and Ilan Noy

9501: Economic Interests, Worldviews and Identities: Theory and Evidence on Ideational Politics

Elliott Ash, Sharun Mukand and Dani Rodrik

9500: Debt as Safe Asset

Markus Brunnermeier, Sebastian, Sannikov, Yuliy Merkel and Sebastian Merkel

9499: Understanding Climate Damages: Consumption versus Investment

Gregory Casey, Stephie Fried and Matthew Gibson

9498: Corporate Social Responsibility along the Global Value Chain

Philipp Herkenhoff, Sebastian Krautheim, Finn Semrau and Frauke Steglich

9497: Consolidating the Covid Debt

Christian Keuschnigg, Julian Johs and Jacob Stevens

9496: Growing Like Germany: Local Public Debt, Local Bank, Low Private Investment

Mathias Hoffmann, Iryna Stewen and Michael Stiefel

9495: The Dynamics of Power in Labor Markets: Monopolistic Unions versus Monopsonistic Employers

Samuel Dodini, Kjell Salvanes, Alexander L.P. Willén and Kjell G Salvanes

9494: Should Individuals Choose Their Own Incentives? Evidence from a Mindfulness Meditation Intervention

Andrej Woerner, Giorgia Romagnoli, Birgit M. Probst, Nina Bartmann, Jonathan N. Cloughesy and Jan Willem Lindemans

9493: Conforming with Peers in Honesty and Cooperation

Ozan Isler and Simon Gaechter

9492: Are the Supporters of Socialism the Losers of Capitalism? Conformism in East Germany and Transition Success

Max Deter and Martin Lange

9491: The Effect of Labor Market Shocks across the Life Cycle

Kjell G Salvanes, Barton Willage and Alexander L.P. Willén

9490: Electricity and Firm Productivity: A General-Equilibrium Approach

Stephie Fried and David Lagakos

9489: Corruption in Customs

Cyril Chalendard, Ana Fernandes, Gaël Raballand and Bob Rijkers

9488: Partisan Fertility and Presidential Elections

Gordon Dahl, Runjing Lu and William Mullins

9487: Does Identity Affect Labor Supply?

Suanna Oh

9486: Effects of Macro Uncertainty on Mean Expectation and Subjective Uncertainty: Evidence from Households and Professional Forecasters

Giulia Piccillo and Poramapa Poonpakdee

9485: Determinants of Inflation Expectations

Richhild Moessner

9484: Emigration Intentions and Risk Aversion: Causal Evidence from Albania

Michel Beine, Gary Charness and Arnaud Dupuy

9483: Coordination with Cognitive Noise

Cary D. Frydman and Salvatore Nunnari

9482: Does Democracy Make Taller Men? Cross-Country European Evidence

Alberto Batinti and Joan Costa-i-Font

9481: Collusive Compensation Schemes Aided by Algorithms

Simon Martin and Wolfgang Benedikt Schmal

9480: Bank Consolidation, Interest Rates, and Risk: A Post-Merger Analysis Based on Loan-Level Data from the Corporate Sector

Steffen Juranek, Øivind Nilsen and Simen Ulsaker

9479: School Choice and Loss Aversion

Vincent Meisner and Jonas von Wangenheim

9478: A Welfare Analysis on Start-Up Decisions under Default Risk

Nicola Comincioli, Paolo Panteghini and Sergio Vergalli

9477: Risk-Taking under Limited Liability: Quantifying the Role of Motivated Beliefs

Ciril Bosch-Rosa, Daniel Gietl and Frank Heinemann

9476: Evaluating Marginal Internalities: A New Approach

Zarko Kalamov

9475: How Do Pandemics End? Two Decades of Recurrent Outbreak Risk Following the Main Waves

Max Schroeder, Spyridon Lazarakis, Rebecca Mancy and Konstantinos Angelopoulos

9474: Pandemic-Induced Wealth and Health Inequality and Risk Exposure

Konstantinos Angelopoulos, Spyridon Lazarakis, Rebecca Mancy and Max Schroeder

9473: A Commitment Theory of Populism

Massimo Morelli, Antonio Nicolo' and Paolo Roberti

9472: Cognitive Uncertainty in Intertemporal Choice

Benjamin Enke and Thomas W. Graeber

9471: Gender Norms and the Motherhood Employment Gap

Simone Moriconi, Núria Rodriguez-Planas and Núria Rodríguez-Planas

9470: A Costly Commitment: Populism, Government Performance, and the Quality of Bureaucracy

Luca Bellodi, Massimo Morelli and Matia Vannoni

9469: Willingness to Pay for Workplace Safety

Massimo Anelli and Felix Koenig

9468: Individual and Collective Information Acquisition: An Experimental Study

Pëllumb Reshidi, Alessandro Lizzeri, Leeat Yariv, Jimmy Chan and Wing Suen

9467: Effects of Inflation Expectations on Inflation

Richhild Moessner

9466: Endogenous Spatial Production Networks: Quantitative Implications for Trade and Productivity

Piyush Panigrahi

9465: Firm Heterogeneity, Capital Misallocation and Optimal Monetary Policy

Beatriz González, Galo Nuño Barrau, Dominik Thaler and Silvia Albrizio

9464: The Fiscal Effect of Immigration: Reducing Bias in Influential Estimates

Michael Clemens

9463: Mortgage-Related Bank Penalties and Systemic Risk among U.S. Banks

Václav Brož and Evžen Kočenda

9462: Uncertainty and Information Acquisition: Evidence from Firms and Households

Heiner Mikosch, Christoher Roth, Samad Sarferaz, Johannes Wohlfart and Christopher Roth