CESifo Working Paper Series

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9161: Exploiting Symmetry in High-Dimensional Dynamic Programming

Mahdi Ebrahimi Kahou, Jesus Fernandez-Villaverde, Jesse Perla and Arnav Sood

9160: Coinsurance vs. Copayments: Reimbursement Rules for a Monopolistic Medical Product with Competitive Health Insurers

Helmuth Cremer and Jean-Marie Lozachmeur

9159: None for the Road? Stricter Drink Driving Laws and Road Accidents

Marco Francesconi and Jonathan James

9158: Search, Screening and Sorting

Xiaoming Cai, Pieter Gautier and Ronald Wolthoff

9157: Using Predictive Analytics to Track Students: Evidence from a Seven-College Experiment

Peter Bergman, Elizabeth Kopko and Julio Rodríguez

9156: What Does Codetermination Do?

Simon Jäger, Shakked Noy and Benjamin Schoefer

9155: Behind the Child Penalty: Understanding What Contributes to the Labour Market Costs of Motherhood

Alessandra Casarico and Salvatore Lattanzio

9154: Container Trade and the U.S. Recovery

Lutz Kilian, Nikos Nomikos and Xiaoqing Zhou

9153: Macroeconomic Policy Making and Current Account Imbalances in the Euro Area

Taiki Murai and Gunther Schnabl

9152: The Demand for Executive Skills

Stephen Hansen, Tejas Ramdas, Raffaella Sadun and Joseph Fuller

9151: The Tortoise and the Hare: The Race between Vaccine Rollout and New Covid Variants

David Turner, Balázs Égert, Yvan Guillemette and Jamila Botev

9150: Interest Rate Skewness and Biased Beliefs

Michael Bauer and Mikhail Chernov

9149: The Pass-Through of Temporary VAT Rate Cuts: Evidence from German Supermarket Retail

Clemens Fuest, Florian Neumeier and Daniel Stöhlker

9148: Tax Revenue Forecast Errors: Wrong Predictions of the Tax Base or the Elasticity?

Marcell Göttert and Robert Lehmann

9147: Are There No Wage Returns to Compulsory Schooling in Germany? A Reassessment

Kamila Cygan-Rehm

9146: What Does Network Analysis Teach Us about International Environmental Cooperation?

Stefano Carattini, Sam Fankhauser, Jianjian Gao, Caterina Gennaioli and Pietro Panzarasa

9145: The Roots of Cooperation

Zvonimir Basic, Parampreet Christopher Bindra, Daniela Glätzle-Rützler, Angelo Romano, Matthias Sutter and Claudia Zoller

9144: Cracking under Pressure? Gender Role Attitudes toward Maternal Employment in Times of a Pandemic

Natalia Danzer, Mathias Huebener, Astrid Paper, C. Katharina Spiess, Nico A. Siegel and Gert Wagner

9143: The Market for CEOs

Peter Cziraki and Dirk Jenter

9142: Monetary Policy, Sectoral Comovement and the Credit Channel

Federico Di Pace and Christoph Görtz

9141: Collective Choice with Heterogeneous Time Preferences

Mikhail Pakhnin

9140: Technological Growth and Hours in the Long Run: Theory and Evidence

Magnus Reif, Mewael F. Tesfaselassie and Maik Wolters

9139: Technological Sovereignty as Ability, Not Autarky

Christoph March and Ina Schieferdecker

9138: Does Tax Policy Work When Consumers Have Imperfect Price Information? Theory and Evidence

Felix Montag, Alina Sagimuldina and Monika Schnitzer

9137: The Effect of Mergers on Variety in Grocery Retailing

Elena Argentesi, Paolo Buccirossi, Roberto Cervone, Tomaso Duso and Alessia Marrazzo

9136: Investment in OECD Countries: A Primer

Balázs Égert

9135: Nineteenth Century Body Mass, Height, and Weight: Inequality across Quantiles

Scott A. Carson

9134: The Rise of For-Profit Higher Education: A General Equilibrium Analysis

Ciprian Domnisoru and Ioana Cosmina Schiopu

9133: Gender Wage and Longevity Gaps and the Design of Retirement Systems

Francesca Barigozzi, Helmuth Cremer and Jean-Marie Lozachmeur

9132: Nonlinear Taxation and International Mobility in General Equilibrium

Eckhard Janeba and Karl Schulz

9131: Financial Policymaking after Crises: Public vs. Private Interests

Orkun Saka, Yuemei Ji and Paul De Grauwe

9130: The Power of Markets: Impact of Desert Locust Invasions on Child Health

Bruno Conte, Lavinia Piemontese and Augustin Tapsola

9129: Bargaining With Charitable Promises: True Preferences and Strategic Behavior

Andreas Lange and Claudia Schwirplies

9128: Monopsony Power, Income Taxation and Welfare

Albert Jan Hummel

9127: Demand Estimation Using Managerial Responses to Automated Price Recommendations

Daniel Garcia, Juha Tolvanen and Alexander Wagner

9126: Service Offshoring and Export Experience

Giuseppe Berlingieri, Luca Marcolin and Emanuel Ornelas

9125: Did Covid-19 Affect the Division of Labor within the Household? Evidence from Two Waves of the Pandemic in Italy

Daniela Del Boca, Noemi Oggero, Paola Profeta and Mariacristina Rossi

9124: A Simple Model of Buyer-Seller Networks in International Trade

Philipp Herkenhoff, Sebastian Krautheim and Philip Sauré

9123: Does Household Borrowing Reduce the Trade Balance? Evidence from Developing and Developed Countries

Can Xu, Jan Jacobs and Jakob de Haan

9122: Time Pressure and Regret in Sequential Search

Felix Klimm, Martin Kocher, Timm Opitz and Simeon Schudy

9121: A Matter of Trust? Political Trust and the Covid-19 Pandemic

Mohammad Reza Farzanegan and Hans Philipp Hofmann

9120: Federalism and Foreign Direct Investment - An Empirical Analysis

Lars Feld, Ekkehard Köhler, Leonardo Palhuca and Christoph A. Schaltegger

9119: Sequential Exporting across Countries and Products

Facundo Albornoz, Hector Calvo Pardo, Gregory Corcos and Emanuel Ornelas

9118: Class Warfare: Political Exclusion of the Poor and the Roots of Social-Revolutionary Terrorism, 1860-1950

Valentin Klotzbücher, Tim Krieger and Daniel Meierrieks

9117: Earnings Dynamics in Germany

Ana Sofia Pessoa

9116: Effects of Covid-19 Related Government Response Stringency and Support Policies: Evidence from European Firms

Benedikt Janzen and Doina Radulescu

9115: The Long-Term Effects of Capital Requirements

Gianni De Nicolò, Nataliya Klimenko, Sebastian Pfeil and Jean Rochet

9114: Unfolding Trade Effect in Two Margins of Informality. The Peruvian Case

Camila Cisneros-Acevedo

9113: Platform Design and Innovation Incentives: Evidence from the Product Rating System on Apple's App Store

Benjamin Leyden

9112: Calamities, Common Interests, Shared Identity: What Shapes Social Cohesion in Europe?

Cevat Giray Aksoy, Antonio Cabrales, Mathias Dolls, Ruben Durante and Lisa Windsteiger

9111: Backward Versus Forward Integration of Firms in Global Value Chains

Peter Egger, Katharina Erhardt and Gerard Masllorens

9110: Children's Patience and School-Track Choices Several Years Later: Linking Experimental and Field Data

Silvia Angerer, Jana Bolvashenkova, Daniela Glätzle-Rützler, Philipp Lergetporer and Matthias Sutter

9109: The Trade Impact of the Covid-19 Pandemic

Xuepeng Liu, Emanuel Ornelas and Huimin Shi

9108: Under Attack: Terrorism and International Trade in France, 2014-16

Volker Nitsch and Isabelle Rabaud

9107: Switching-Track after the Great Recession

Francesca Vinci and Omar Licandro

9106: Covid-19 and Mental Health of Individuals with Different Personalities

Eugenio Proto and Anwen Zhang

9105: Population Aging and Migration

Panu Poutvaara

9104: Covid-19, Working from Home and the Potential Reverse Brain Drain

Irina Bakalova, Ruxanda Berlinschi, Jan Fidrmuc and Yuri Dzjuba

9103: Th Impact of Selection into the Labor Force on the Gender Wage Gap

Francine Blau, Lawrence Kahn, Nikolai Boboshko and Matthew Comey

9102: Earnings Information and Public Preferences for University Tuition: Evidence from Representative Experiments

Philipp Lergetporer and Ludger Woessmann

9101: Optimal Taxation of Capital in the Presence of Declining Labor Share

Orhan Erem Atesagaoglu and Hakki Yazici

9100: Subnational Income Growth and International Border Effects

Hanna L. Adam, Mario Larch and David Stadelmann

9099: Dark Passage: Mental Health Consequences of Parental Death

Petri Böckerman, Mika Haapanen and Christopher Jepsen

9098: Persistence in ESG and Conventional Stock Market Indices

Guglielmo Maria Caporale, Luis Gil-Alana, Alex Plastun and Inna Makarenko

9097: The Experience Is (Not) Everything: Sequential Outcomes and Social Decision-Making

Johannes Buckenmaier and Eugen Dimant

9096: Covid-19 Vaccination: The Role of Crisis Experience

Klaus Gründler, Armin Hackenberger, Anina Harter and Niklas Potrafke

9095: Social Status in Student Networks and Implications for Perceived Social Climate in Schools

Sule Alan, Elif Bodur, Elif Kubilay and Ipek Mumcu

9094: Wind of Change? Cultural Determinants of Maternal Labor Supply

Barbara Boelmann, Anna Christina Raute and Uta Schönberg

9093: Fragmented Landscape of European Policies in the Energy Sector: First-Mover Advantages

Kristina Govorukha, Philip Mayer and Dirk Rübbelke

9092: On Current and Future Carbon Prices in a Risky World

Stan Olijslagers, Frederick (Rick) van der Ploeg and Sweder van Wijnbergen

9091: Neither Backlash nor Convergence: Dynamics of Intracouple Childcare Division after the First Covid-19 Lockdown and Subsequent Reopening in Germany

Christina Boll, Dana Müller and Simone Schüller

9090: The Impact of Online Competition on Local Newspapers: Evidence from the Introduction of Craigslist

Milena Djourelova, Ruben Durante and Gregory J. Martin

9089: Airbnb and Rental Markets: Evidence from Berlin

Tomaso Duso, Claus Michelsen, Maximilian Schäfer and Kevin Tran

9088: Electoral Cycles in Macroeconomic Forecasts

Davide Cipullo and André Reslow

9087: Gender Differences in Persistence in a Field of Study

Michael Kaganovich, Morgan Taylor and Ruli Xiao

9086: Barriers to Global Capital Allocation

Bruno Pellegrino, Enrico Spolaore and Romain Wacziarg

9085: On the Capital Structure of Foreign Subsidiaries: Evidence from a Panel Data Quantile Regression Model

Raffaele Miniaci and Paolo Panteghini

9084: Explaining Fluctuations in the Thrift Savings Fund Daily Balance at U.S. Treasury

Mark Skidmore, Camila Alvayay Torrejón and David Pare

9083: The Dynamic Response of Municipal Budgets to Revenue Shocks

Ines Helm and Jan Stuhler

9082: The Short-Run and Long-Run Effects of Trade Openness on Financial Development: Some Panel Evidence for Europe

Guglielmo Maria Caporale, Anamaria Sova and Robert Sova

9081: Social Norms and Misinformation: Experimental Evidence on Learning about Menstrual Health Management in Rural Bangladesh

Silvia Castro and Kristina Czura

9080: Mismatch Unemployment in Austria: The Role of Regional Labour Markets for Skills

René Böheim and Michael Christl

9079: Decoupling Global Value Chains

Peter Eppinger, Gabriel Felbermayr, Oliver Krebs and Bohdan Kukharskyy

9078: How to Escape from the Debt Trap: Lessons from the Past

Thomas Mayer and Gunther Schnabl

9077: Parents under Stress - Evaluating Emergency Childcare Policies during the First Covid-19 Lockdown in Germany

Simone Schüller and Hannah S. Steinberg

9076: The Societal Responses to Covid-19: Evidence from the G7 Countries

Katharina Lima de Miranda and Dennis J. Snower

9075: Gender Gaps in Political Careers: Evidence from Competitive Elections

Davide Cipullo

9074: Promotion Ban and Heterogeneity in Retail Prices during the Great Lockdown

Jean Hindriks, Leonardo Madio and Valerio Serse

9073: Hate Trumps Love: The Impact of Political Polarization on Social Preferences

Eugen Dimant

9072: The Role of Short-Time Work and Discretionary Policy Measures in Mitigating the Effects of the Covid-19 Crisis in Germany

Michael Christl, Silvia De Poli, Tine Hufkens, Andreas Peichl and Mattia Ricci

9071: Nonparametric Welfare Analysis for Discrete Choice: Levels and Differences of Individual and Social Welfare

Bart Capéau, Liebrecht De Sadeleer, Sebastiaan Maes and André Decoster

9070: The Fiscal Costs of Earthquakes in Japan

Ilan Noy, Toshihiro Okubo, Eric Strobl and Thomas Tveit

9069: Health Expenditures and the Effectiveness of Covid-19 Prevention in International Comparison

Jaqueline Hansen, Antonia Reinecke and Hans-Jörg Schmerer

9068: Local Global Watchdogs: Trade, Sourcing and the Internationalization of Social Activism

Pamina Koenig, Sebastian Krautheim, Claudius Löhnert, Thierry Verdier and Thierry Verdier

9067: Deviant or Wrong? The Effects of Norm Information on the Efficacy of Punishment

Cristina Bicchieri, Eugen Dimant and Erte Xiao

9066: Misperceptions and Fake News during the Covid-19 Pandemic

Kerim Arin, Juan A. Lacomba, Francisco Lagos, Deni Mazrekaj and Marcel Thum

9065: Switching Beers? The Effects of Switching Costs on Prices and Profits in Competitive Markets

Xiaoyang He and Ralph Siebert

9064: When Should We (Not) Interpret Linear IV Estimands as LATE?

Tymon Słoczyński

9063: Years of Life Lost to Revolution and War in Iran

Mohammad Reza Farzanegan

9062: Five Facts about the Distributional Income Effects of Monetary Policy

Niklas Amberg, Thomas Jansson, Mathias Klein and Anna Rogantini Picco