CESifo Working Paper Series

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8761: Effort Comparisons for a Class of Four-Player Tournaments

Deren Caglayan, Emin Karagözoğlu, Kerim Keskin and Cagri Saglam

8760: Cybersecurity Risk

Chris Florackis, Christodoulos Louca, Roni Michaely, Michael Weber and Michael Weber

8759: Protectionism and Economic Growth: Causal Evidence from the First Era of Globalization

Niklas Potrafke, Fabian Ruthardt and Kaspar Wüthrich

8758: A Pandemic Business Interruption Insurance

Alexis Louaas and Pierre Picard

8757: Wildlife Trade Policy and the Decline of Wildlife

Benedikt Heid and Laura Márquez-Ramos

8756: Output Distortions and the Choice of Legal Form of Organization

Katarzyna Bilicka and Sepideh Raei

8755: The UK's Great Demand and Supply Recession

Nick Jacob and Giordano Mion

8754: Building Social Cohesion in Ethnically Mixed Schools: An Intervention on Perspective Taking

Sule Alan, Ceren Baysan, Mert Gumren and Elif Kubilay

8753: Parental Resources and College Attendance: Evidence from Lottery Wins

George Bulman, Robert Fairlie, Sarena Goodman and Adam Isen

8752: Inequality and the Value of Public Natural Capital

Jasper N. Meya, Stefan Baumgärtner, Moritz Drupp and Martin Quaas

8751: Postponing Retirement and Social Security in a Two Sector Model

Partha Sen

8750: The Effect of Gender and Gender Pairing on Bargaining: Evidence from an Artefactual Field Experiment

Ben D'Exelle, Christine Gutekunst and Arno Riedl

8749: Kantians Defy the Economists' Mantra of Uniform Pigovian Emissions Taxes

Thomas Eichner and Rüdiger Pethig

8748: Distributional Effects of Macroeconomic Shocks in Real-Time: A Novel Method Applied to the Covid-19 Crisis in Germany

Kerstin Bruckmeier, Andreas Peichl, Martin Popp, Jürgen Wiemers and Timo Wollmershäuser

8747: First Time Around: Local Conditions and Multi-Dimensional Integration of Refugees

Cevat Giray Aksoy, Panu Poutvaara and Felicitas Schikora

8746: Are Bigger Banks Better? Firm-Level Evidence from Germany

Kilian Huber

8745: Do We Still Need Carbon-Intensive Capital When Transitioning to a Green Economy?

Wei Jin, Frederick (Rick) van der Ploeg and Lin Zhang

8744: Non-Linearities and Persistence in US Long-Run Interest Rates

Guglielmo Maria Caporale, Luis Gil-Alana and Miguel Martin-Valmayor

8743: Redistributive Income Taxation with Directed Technical Change

Jonas Loebbing

8742: Ideological Motivation and Group Decision-Making

Florian Engl

8741: Robot Imports and Firm-Level Outcomes

Alessandra Bonfiglioli, Rosario Crino, Harald Fadinger and Gino Gancia

8740: The Financial Accelerator in the Euro Area: New Evidence Using a Mixture VAR Model

Hamza Bennani and Matthias Neuenkirch

8739: Organised Labour, Labour Market Imperfections, and Employer Wage Premia

Sabien Dobbelaere, Boris Hirsch, Steffen Müller and Georg Neuschaeffer

8738: Can Unearned Income Make Us Fitter? Evidence from Lottery Wins

Joan Costa-i-Font and Mario Gyori

8737: Block-Recursive Equilibria in Heterogenous-Agent Models

Leo Kaas

8736: Discrimination, Managers, and Firm Performance: Evidence from "Aryanizations" in Nazi Germany

Kilian Huber, Volker Lindenthal and Fabian Waldinger

8735: Designing a Permanent EU-Wide Stabilization Facility

Roel Beetsma and George Kopits

8734: The City Paradox: Skilled Services and Remote Work

Lukas Althoff, Fabian Eckert, Sharat Ganapati and Conor Walsh

8733: Late Payments, Liquidity Constraints and the Mismatch between Due Dates and Paydays

Momi Dahan and Udi Nisan

8732: Mums Go Online: Is the Internet Changing the Demand for Healthcare?

Sofia Amaral-Garcia, Mattia Nardotto, Carol Propper and Tommaso Valletti

8731: A Congestion Theory of Unemployment Fluctuations

Yusuf Mercan, Benjamin Schoefer and Petr Sedláček

8730: Inward Looking Policies, Finite Change and Employment - The Capital Reallocation Effect

Sugata Marjit and Kausik Gupta

8729: Use and Abuse of Antidumping by Global Cartels

Arevik Gnutzmann-Mkrtchyan and Hoffstadt

8728: News Shocks under Financial Frictions

Christoph Görtz, John Tsoukalas and Francesco Zanetti

8727: The Effect of the Dollar on Trade Prices

Sai Ma, Tim Schmidt-Eisenlohr and Shaojun Zhang

8726: Green Governments

Niklas Potrafke and Kaspar Wüthrich

8725: Gender Differences within the Firm: Evidence from Two Million Travelers

Javier D. Donna and Gregory Veramendi

8724: On the Provision of Excludable Public Goods - General Taxes or User Prices?

George Economides and Apostolis Philippopoulos

8723: Do Left-Wing Governments Decrease Wage Inequality among Civil Servants? Empirical Evidence from the German States

Björn Kauder, Manuela Krause and Niklas Potrafke

8722: Sufficient Statistics for Frictional Wage Dispersion and Growth

Rune Vejlin and Gregory Veramendi

8721: All Aboard: The Effects of Port Development

César Ducruet, Réka Juhász, David Nagy and Claudia Steinwender

8720: IT Shields: Technology Adoption and Economic Resilience during the Covid-19 Pandemic

Nicola Pierri and Yannick Timmer

8719: Taxing Our Wealth

Florian Scheuer and Joel Slemrod

8718: Vocational Education: An International Perspective

Celeste K. Carruthers and Christopher Jepsen

8717: Managing Momentum in Climate Negotiations

Stefano Carattini and Andreas Löschel

8716: Historical Instruments and Contemporary Endogenous Regressors

Gregory Casey and Marc Klemp

8715: The Corporate Elasticity of Taxable Income: Event Study Evidence from Switzerland

Matthias Krapf and David Staubli

8714: Trust and Contracts: Empirical Evidence

Francesco D'Acunto, Jin Xie and Jiaquan Yao

8713: Are Women Less Effective Leaders Than Men? Evidence from Experiments Using Coordination Games

Lea Heursen, Eva Ranehill and Roberto A. Weber

8712: Monetary Policy with Reserves and CBDC: Optimality, Equivalence, and Politics

Dirk Niepelt

8711: Financing Costs and the Efficiency of Public-Private Partnerships

Besart Avdiu and Alfons Weichenrieder

8710: Job Stability, Earnings Dynamics, and Life-Cycle Savings

Moritz Kuhn and Gašper Ploj

8709: Optimally Imprecise Memory and Biased Forecasts

Rava Azeredo da Silveira, Yeji Sung and Michael Woodford

8708: Taxing Goods and Services in a Digital Era

David Agrawal and William Fox

8707: Trade Costs and Strategic Investment in Infrastructure in a Dynamic Global Economy with Symmetric Countries

Akihiko Yanase, Ngo Van Long and Ngo Van Long

8706: A Theory of Economic Disintegration

Eckhard Janeba and Karl Schulz

8705: Urban-Biased Growth: A Macroeconomic Analysis

Fabian Eckert, Sharat Ganapati and Conor Walsh

8704: The Role of Diagnostic Ability in Markets for Expert Services

Fang Liu, Alexander Rasch, Marco Alexander Schwarz and Christian Waibel

8703: An Elementary Theorem on Gains from Virtual Trade

Sugata Marjit and Lei Yang

8702: Machine Predictions and Human Decisions with Variation in Payoffs and Skill

Michael Allan Ribers and Hannes Ullrich

8701: Exporters, Multinationals and Residual Wage Inequality: Evidence and Theory

Sarah Schroeder

8700: Vertical Relations, Pass-through, and Market Definition: Evidence from Grocery Retailing

Justus Haucap, Ulrich Heimeshoff, Gordon Klein, Dennis Rickert and Christian Wey

8699: National or Local? The Demand for News in Italy during Covid-19

Stefano Castriota, Marco Delmastro and Mirco Tonin

8698: Manpower Constraints and Corporate Policies

Francesco D'Acunto, Michael Weber, Shuyao Yang and Michael Weber

8697: Advertising and Content Differentiation: Evidence from YouTube

Anna Kerkhof

8696: Own Motivation, Peer Motivation, and Educational Success

Jan Bietenbeck

8695: Matching Theory and Evidence on Covid-19 Using a Stochastic Network SIR Model

Mohammad Pesaran and Cynthia Fan Yang

8694: Optimal Lockdown and Social Welfare

Pierre Pestieau and Gregory Ponthiere

8693: Technical Barriers to Trade and Firms' Export Decisions

Shuyao Yang

8692: Taxation Systems in the EU: The Role of Economic Integration and Global Financial Crisis

Kazim Okan Erol

8691: Endogenous Longevity and Optimal Tax Progressivity

Burkhard Heer and Stefan Rohrbacher

8690: Selling Cross-Border in Online Markets: The Impact of the Ban on Geoblocking Strategies

Marc Bourreau and Fabio Manenti

8689: A New Ricardian Model of Trade, Growth and Inequality

Sugata Marjit

8688: Age, Intentions and the Implicit Role of Out-Selection Factors of International Migration

Michel Beine

8687: The Economic Impacts of a Pandemic: What Happened after SARS in 2003?

Nguyen Doan, Canh Nguyen, Ilan Noy and Yasuyuki Sawada

8686: Identifying Behavioral Responses to Tax Reforms: New Insights and a New Approach

Katrine Marie Jakobsen, Jakob Egholt Søgaard and Katrine Marie Jakobsen

8685: Comrades in the Family? Soviet Communism and Informal Family Insurance

Joan Costa-i-Font and Anna Nicińska

8684: Recruiting Intensity and Hiring Practices: Cross-Sectional and Time-Series Evidence

Benjamin Lochner, Christian Merkl, Heiko Stüber and Nicole Guertzgen

8683: Bargaining and Time Preferences: An Experimental Study

Jeongbin Kim, Wooyoung Lim and Sebastian Schweighofer-Kodritsch

8682: Combatting Covid-19 - On Relative Performance of the Indian States

Sugata Marjit, Anish Kumar Mukhopadhyay and Medha Chatterjee

8681: Diagnostic Uncertainty and Insurance Coverage in Credence Goods Markets

Loukas Balafoutas, Helena Fornwagner, Rudolf Kerschbamer, Matthias Sutter and Maryna Tverdostup

8680: The Impact of Attending an Independent Upper Secondary School: Evidence from Sweden Using School Ranking Data

Karin Edmark and Lovisa Persson

8679: It's What You Say and What You Buy: A Holistic Evaluation of the Corporate Credit Facilities

Nina Boyarchenko, Anna Kovner and Or Shachar

8678: Closing the Gap between Vocational and General Education? Evidence from University Technical Colleges in England

Stephen Machin, Sandra McNally, Camille Terrier and Guglielmo Ventura

8677: Asymmetric Information, Strategic Transfers, and the Design of Long-Term Care Policies

Chiara Canta and Helmuth Cremer

8676: The Idea of Jurisdictional Representation in a Federation: A Proposal and Illustrations from Recent Canadian and US Elections

Syed Ahsan

8675: Pricing and Supply Chain Transparency to Conscientious Consumers

Marco Bertini, Stefan Buehler and Daniel Halbheer

8674: Modelling Loans to Non-Financial Corporations within the Eurozone: A Long-Memory Approach

Guglielmo Maria Caporale and Luis Gil-Alana

8673: Efficiency in Wholesale Electricity Markets: On the Role of Externalities and Subsidies

Sylwia Bialek and Burcin Unel

8672: Pandemics and Economic Growth: Evidence from the 1968 H3N2 Influenza

Yothin Jinjarak, Ilan Noy and Quy Ta

8671: Can Peer Mentoring Improve Online Teaching Effectiveness? An RCT during the Covid-19 Pandemic

David Hardt, Markus Nagler and Johannes Rincke

8670: Optimal Monetary Policy with Heterogeneous Agents

Galo Nuño Barrau and Carlos Thomas

8669: Limited Attention in the Housing Market: Threshold Effects of Energy-Performance Certificates on Property Prices and Energy-Efficiency Investments

Rodolfo Sejas-Portillo, David Comerford, Mirko Moro and Till Stowasser

8668: A Strictly Economic Explanation of Gender Roles: The Lasting Legacy of the Plough

Alessandro Cigno

8667: Nonparametric Identification of Production Function, Total Factor Productivity, and Markup from Revenue Data

Hiroyuki Kasahara and Yoichi Sugita

8666: The Incidence of VAT Evasion

Zareh Asatryan and David Gomtsyan

8665: Importing Inequality: Immigration and the Top 1 Percent

Arun Advani, Felix Koenig, Lorenzo Pessina and Andy Summers

8664: Persistence and Long Memory in Monetary Policy Spreads

Guglielmo Maria Caporale and Luis Gil-Alana

8663: How Does Working-Time Flexibility Affect Workers' Productivity in a Routine Job? Evidence from a Field Experiment

Marie Boltz, Bart Cockx, Ana Diaz Escobar and Luz Magdalena Salas

8662: Reverse Bayesianism: Revising Beliefs in Light of Unforeseen Events

Christoph K. Becker, Tigran Melkonyan, Eugenio Proto, Andis Sofianos and Stefan Trautmann