CESifo Working Paper Series

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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 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 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

8661: r Minus g

Robert Barro

8660: Land Scarcity and Urban Density within Cities

Melanie Krause and André Seidel

8659: Do EU Fiscal Rules Support or Hinder Counter-Cyclical Fiscal Policy?

Martin Larch, Eloïse Orseau and Wouter van der Wielen

8658: Social Finance

Theresa Kuchler and Johannes Stroebel

8657: Talent, Career Choice and Competition: The Gender Wage Gap at the Top

Fredrik Heyman, Pehr-Johan Norbäck and Lars Persson

8656: A Comparison of Monthly Global Indicators for Forecasting Growth

Christiane Baumeister and Pierre Guérin

8655: Rise of the Central Bank Digital Currencies: Drivers, Approaches and Technologies

Raphael Auer, Giulio Cornelli and Jon Frost

8654: Competitive Gerrymandering and the Popular Vote

Felix J. Bierbrauer, Mattias K Polborn and Felix Bierbrauer

8653: A Panel Data Model with Generalized Higher-Order Networks Effects

Badi Baltagi, Sophia Ding and Peter Egger

8652: Exporting Costs and Multi-Product Shipments

David Gomtsyan and Alexander Tarasov

8651: The Japanese Textile Sector and the Influenza Pandemic of 1918-1920

Ilan Noy, Toshihiro Okubo and Eric Strobl

8650: Auctions with Signaling Concerns

Olivier Bos and Tom Truyts

8649: The Comparative Advantage of Dutch Cities

Steven Brakman, Tijl Hendrich, Charles van Marrewijk, Jennifer Olsen and Charles van Marrewijk

8648: Covid-19 and Educational Inequality: How School Closures Affect Low- and High-Achieving Students

Elisabeth Grewenig, Philipp Lergetporer, Katharina Werner, Ludger Woessmann and Larissa Zierow

8647: Local Policy Choice: Theory and Empirics

David Agrawal, William H. Hoyt and John D. Wilson

8646: ICT, Collaboration, and Science-Based Innovation: Evidence from BITNET

Kathrin Wernsdorf, Markus Nagler and Martin Watzinger

8645: Weeding out the Dealers? The Economics of Cannabis Legalization

Emmanuelle Auriol, Alice Mesnard and Tiffanie Perrault

8644: Austerity and Distributional Policy

Matteo Alpino, Zareh Asatryan, Sebastian Blesse and Nils Wehrhöfer

8643: Do Working Papers Increase Journal Citations? Evidence from the Top 5 Journals in Economics

Klaus Wohlrabe and Constantin Bürgi

8642: Age-Related Taxation of Bequests in the Presence of a Dependency Risk

Marie-Louise Leroux and Pierre Pestieau

8641: Institutions, Financial Development, and Small Business Survival: Evidence from European Emerging Markets

Ichiro Iwasaki, Evžen Kočenda and Yoshisada Shida

8640: Attracting Profit Shifting or Fostering Innovation? On Patent Boxes and R&D Subsidies

Andreas Haufler and Dirk Schindler

8639: News Media vs. FRED-MD for Macroeconomic Forecasting

Jon Ellingsen, Vegard Larsen and Leif Thorsrud

8638: Sectoral Labor Mobility and Optimal Monetary Policy

Alessandro Cantelmo and Giovanni Melina

8637: Rules vs. Discretion in Cap-and-Trade Programs: Evidence from the EU Emission Trading System

Marina Friedrich, Sébastien Fries, Michael Pahle and Ottmar Edenhofer

8636: The Effect of Information on Market Activity; Evidence from Vehicle Recalls

Inge van den Bijgaart and Davide Cerruti

8635: The Role of Information Provision for Attitudes Towards Immigration: An Experimental Investigation

Patrick Bareinz and Silke Uebelmesser

8634: Risk Exposure and Acquisition of Macroeconomic Information

Christopher Roth, Sonja Settele and Johannes Wohlfart

8633: Growing by the Masses - Revisiting the Link between Firm Size and Market Power

Hassan Afrouzi, Andres Drenik and Ryan Kim

8632: How Shocks Affect International Reserves? A Quasi-Experiment of Earthquakes

Yothin Jinjarak, Ilan Noy and Quy Ta

8631: Kill Bill or Tax: An Analysis of Alternative CO2 Price Floor Options for EU Member States

Christoph Böhringer and Carolyn Fischer

8630: Optimal Income Taxation with Labor Supply Responses at Two Margins: When Is an Earned Income Tax Credit Optimal?

Emanuel Hansen

8629: The Impact of Welfare Chauvinism on the Results of Right-Wing Populist Voting in Germany after the Refugee Crisis

Florian Bartholomae, Chang Woon Nam and Pierre Rafih

8628: Behavioral Responses to Inheritance and Gift Taxation: Evidence from Germany

Ulrich Glogowsky

8627: Redistributive Capital Taxation Revisited

Özlem Kina, Ctirad Slavik and Hakki Yazici

8626: Dancing with the Populist. New Parties, Electoral Rules and Italian Municipal Elections

Massimo Bordignon and Tommaso Colussi

8625: The Elusive Banker: Using Hurricanes to Uncover (Non-)Activity in Offshore Financial Centers

Jakob Miethe

8624: The Ancient Origins of the Wealth of Nations

Quamrul Ashraf, Oded Galor and Marc Klemp

8623: Still in Search of the Sunk Cost Bias

Marcello Negrini, Arno Riedl and Matthias Wibral

8622: The Effects of Land Redistribution: Evidence from the French Revolution

Theresa Finley, Raphael Franck and Noel Johnson

8621: Replicator Evolution of Welfare Stigma: Welfare Fraud vs. Incomplete Take-Up

Jun-ichi Itaya and Kenichi Kurita

8620: Why Are There Strikes?

Kyung nok Chun, Zachary Schaller and Stergios Skaperdas

8619: Intrafirm Leakage

Felix Samy Soliman

8618: The Impact of All-Day Schools on Student Achievement - Evidence from Extending School Days in German Primary Schools

Arnim Seidlitz and Larissa Zierow

8617: When Nudges Aren't Enough: Incentives and Habit Formation in Public Transport Usage

Christina Gravert and Linus Olsson Collentine

8616: Nineteenth through early 20th Century Female and Male Statures within the Household

Scott A. Carson