CESifo Working Paper Series

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9215: Preferences over Time and under Uncertainty: Theoretical Foundations

Ali al-Nowaihi and Sanjit Dhami

9214: How Does Reducing the Intensity of Tracking Affect Student Achievement? Evidence from German State Reforms

Marc Piopiunik

9213: The Farsighted Stability of Global Tade Policy Arrangements

Stefan Berens, Lasha Chochua and Gerald Willmann

9212: Wages, Skills, and Skill-Biased Technical Change: The Canonical Model Revisited

Audra Bowlus, Lance Lochner, Chris Robinson and Eda Suleymanoglu

9211: Profit Shifting and Equilibrium Principles of International Taxation

Manon Francois

9210: Optimal Redistribution in the Presence of Signaling

Spencer Bastani, Tomer Blumkin and Luca Micheletto

9209: Plugging Gaps in Payment Systems: Evidence from the Take-Up of New Medicare Billing Codes

Jeffrey Clemens, Jonathan Leganza and Alex Masucci

9208: Mandatory Advance Notice of Layoff: Evidence and Efficiency Considerations

Jonas Cederlöf, Peter Fredriksson, Arash Nekoei and David Seim

9207: Incentives, Self-Selection, and Coordination of Motivated Agents for the Production of Social Goods

Kevin Bauer, Michael Kosfeld and Ferdinand von Siemens

9206: Why Are Pollution Damages Lower in Developed Countries? Insights from High-Income, High-Particulate Matter Hong Kong

Jonathan Colmer, Dajun Lin, Siying Liu and Jay Shimshack

9205: Adaptive Agents May Be Smarter than You Think: Unbiasedness in Adaptive Expectations

Antonio Palestrini, Domenico Delli Gatti, Mauro Gallegati and Bruce C. Greenwald

9204: Physician Effects in Antibiotic Prescribing: Evidence from Physician Exits

Shan Huang and Hannes Ullrich

9203: Trade Openness and Income Inequality: New Empirical Evidence

Florian Dorn, Clemens Fuest and Niklas Potrafke

9202: Connectedness between the Crude Oil Futures and Equity Markets during the Pre- and Post-Financialisation Eras

Sania Wadud, Robert D. Durand and Marc Gronwald

9201: Food Subsidies in General Equilibrium

Albert Jan Hummel and Vinzenz Ziesemer

9200: Social Mobility in Germany

Majed Dodin, Sebastian Findeisen, Lukas Henkel, Dominik Sachs and Paul Schüle

9199: Intermediaries in the Online Advertising Market

Anna D'Annunzio and Antonio Russo

9198: The Cultural Roots of Firm Entry, Exit, and Growth

Katharina Erhardt and Simon Haenni

9197: Why Do Retail Investors Pick Green Investments? A Lab-in-the-Field Experiment with Crowdfunders

Christoph Siemroth and Lars Hornuf

9196: Pricing Climate Risk

Svenn Jensen, Christian P. Traeger and Christian Träger

9195: The Welfare Effects of Time Reallocation: Evidence from Daylight Saving Time

Joan Costa-i-Font, Sarah Flèche and Pagan Ricardo

9194: Heterogeneous Loans and the Effect of Monetary Interventions

Gianluca Cafiso and Giulia Rivolta

9193: Automation, Growth, and Factor Shares in the Era of Population Aging

Andreas Irmen

9192: Designing Instrument Packages for the Low-Carbon Transition: An Evaluation Framework with an Application to Austria

Edwin van der Werf, Herman R.J. Vollebergh and Johanna Vogel

9191: Joint Retirement of Couples: Evidence from Discontinuities in Denmark

Esteban Garcia-Miralles and Jonathan Leganza

9190: On the Road (Again): Commuting and Local Employment Elasticities in Germany

Oliver Krebs and Michael Pflüger

9189: The Efficacy of Tournaments for Non-Routine Team Tasks

Florian Englmaier, Stefan Grimm, Dominik Grothe, David Schindler and Simeon Schudy

9188: Genetic Diversity and Performance: Evidence from Fooball Data

Michel Beine, Silvia Peracchi and Skerdilajda Zanaj

9187: Micro-Geographic Property Price and Rent Indices

Gabriel Ahlfeldt, Stephan Heblich and Tobias Seidel

9186: Job Displacement, Unemployment Benefits and Domestic Violence

Sonia Bhalotra, Diogo G. C. Britto, Paolo Pinotti and Breno Sampaio

9185: Opimal Unilateral Climate Policy with Carbon Leakage at the Extensive and the Intensive Margin

Peter Kjær Kruse-Andersen and Peter Birch Sørensen

9184: Dynamic Spending Responses to Wealth Shocks: Evidence from Quasi-Lotteries on the Stock Market

Asger Lau Andersen, Niels Johannesen and Adam Sheridan

9183: What's Worth Knowing? Economists' Opinions about Economics

Armin Falk and Peter Andre

9182: The Impact of Covid-19 on Economic Activity: Evidence from Administrative Tax Registers

Nikolay Angelov and Daniel Waldenström

9181: Age at Arrival and Residential Integration

Cristina Bratu, Matz Dahlberg and Madhinee Valeyatheepillay

9180: Fair Pension Policies with Occupation-Specific Aging

Volker Grossmann, Johannes Schünemann and Holger Strulik

9179: Limited Self-Knowledge and Survey Response Behavior

Armin Falk, Thomas Neuber and Philipp Strack

9178: Covid-19 and Income Inequality: Evidence from Monthly Population Registers

Nikolay Angelov and Daniel Waldenström

9177: Unemployment and Tax Design

Albert Jan Hummel

9176: Wage Effects of Employer-Mediated Transfers

Santiago Garriga and Dario Tortarolo

9175: Fighting Climate Change: The Role of Norms, Preferences, and Moral Values

Armin Falk, Peter Andre, Teodora Boneva and Felix Chopra

9174: Does A Wealth Tax Improve Equality of Opportunity?

Kristoffer Berg and Shafik Hebous

9173: Epidemic Exposure, Fintech Adoption, and the Digital Divide

Orkun Saka, Barry Eichengreen and Cevat Giray Aksoy

9172: Pricing for a Cooler Planet: An Empirical Analysis of the Effect of Taxing Carbon

Torben Mideksa

9171: Do Market Failures Create a 'Durability Gap' in the Circular Economy?

Don Fullerton and Shan He

9170: Import Processing and Trade Costs

Jeronimo Carballo, Alejandro Graziano, Georg Schaur and Christian Volpe Martincus

9169: Pushing One's Luck: Petroleum Ownership and Discoveries

Christa Brunnschweiler and Steven Poelhekke

9168: Shareholder Liability and Bank Failure

Felipe Aldunate, Dirk Jenter, Arthur Korteweg and Peter Koudijs

9167: On the Foundations of Competitive Search Equilibrium with and without Market Makers

James Albrecht, Xiaoming Cai, Pieter Gautier and Susan Vroman

9166: Taxation under Direct Democracy

Stephan Geschwind and Felix Roesel

9165: Tracking Weekly State-Level Economic Conditions

Christiane Baumeister, Danilo Leiva-Leon and Eric Sims

9164: Why Trade When You Can Transfer the Technology: Revisiting Smith and Ricardo

Rajat Acharyya and Sugata Marjit

9163: The Impact of Containment Measures and Monetary and Fiscal Responses on US Financial Markets during the Covid-19 Pandemic

Emmanuel Abakah, Guglielmo Maria Caporale and Luis Gil-Alana

9162: CEO Compensation: Evidence from the Field

Alex Edmans, Tom Gosling and Dirk Jenter

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, 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 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 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