CESifo Working Paper Series

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8161: Does Climate Change Make Foodgrain Yields More Unpredictable? Evidence from India

Saumya Verma, Shreekant Gupta and Partha Sen

8160: Gravity without Apology: The Science of Elasticities, Distance, and Trade

Celine Carrere, Monika Mrazova and J. Peter Neary

8159: Macroeconomics and the Environment: A Selective Survey

Partha Sen

8158: Gender Roles and the Gender Expectations Gap

Francesco D'Acunto, Ulrike M. Malmendier, Michael Weber and Michael Weber

8157: Efficiency of Universities and Research-Focused Institutions Worldwide: An Empirical DEA Investigation Based on Institutional Publication Numbers and Estimated Academic Staff Numbers

Lutz Bornmann, Sabine Gralka, Félix de Moya Anegón and Klaus Wohlrabe

8156: Estimating Long-Run Incarceration Rates for Australia, Canada, England & Wales, New Zealand and the United States

Andrew Leigh

8155: Female Political Representation and Substantive Effects on Policies: A Literature Review

Zohal Hessami and Mariana Lopes da Fonseca

8154: Does a Local Bias Exist in Equity Crowdfunding?

Lars Hornuf, Matthias Schmitt and Eliza Stenzhorn

8153: The Econometrics of Oil Market VAR Models

Lutz Kilian and Xiaoqing Zhou

8152: How do Taxpayers Respond to Public Disclosure and Social Recognition Programs? Evidence from Pakistan

Joel Slemrod, Obeid Ur Rehman, Mazhar Waseem and Mazhar Waseem

8151: The Fed's Response to Economic News Explains the "Fed Information Effect"

Michael Bauer and Eric T. Swanson

8150: The Structure of Multinational Firms' International Activities

Ronald Davies and James Markusen

8149: Global Spillovers of Taxation in the Online Advertising Market. Theory and Evidence from Facebook

Andrea Lassmann, Federica Liberini, Antonio Russo, Ángel Cuevas and Rubén Cuevas

8148: Quantifying Qualitative Survey Data: New Insights on the (Ir)Rationality of Firms' Forecasts

Alexandros Botsis, Christoph Görtz and Plutarchos Sakellaris

8147: Tournaments with Safeguards: A Blessing or a Curse for Women

Zhengyang Bao and Andreas Leibbrandt

8146: Measurement of Factor Strenght: Theory and Practice

Natalia Bailey, George Kapetanios and Mohammad Pesaran

8145: Tracking and Predicting the German Economy: ifo vs. PMI

Robert Lehmann and Magnus Reif

8144: Not All Profit Shifting Is Created Equal? An Analysis of Internal Debt

Zarko Kalamov

8143: Retaining Alpha: The Effect of Trade Size and Rebalancing Frequency on FX Strategy Returns

Michael Melvin, Wenqiang Pan and Petra Wikstrom

8142: Big and Small Lies

Diogo Geraldes, Franziska Heinicke and Duk Gyoo Kim

8141: Gini and Optimal Income Taxation by Rank

Laurent Simula and Alain Trannoy

8140: Behavioral Aspects of Communication in Organizations

Fortuna Casoria, Arno Riedl and Peter Werner

8139: The Role of Non-Discrimination in a World of Discriminatory Preferential Trade Agreements

Kamal Saggi, Woan Foong Wong and Halis Yildiz

8138: Lifestyle Taxes in the Presence of Profit Shifting

Rosella Levaggi, Carmen Marchiori and Paolo Panteghini

8137: Factorial Designs, Model Selection, and (Incorrect) Inference in Randomized Experiments

Karthik Muralidharan, Mauricio Romero and Kaspar Wüthrich

8136: Switching from an Inclining to a Zero-Level Unemployment Benefit Profile: Good for Work Incentives?

Bart Cockx, Koen Declercq, Muriel Dejemeppe, Leda Inga and Bruno Van der Linden

8135: Class Size Effects in Higher Education: Differences across STEM and Non-STEM Fields

Elif Kara, Mirco Tonin and Michael Vlassopoulos

8134: General or Central Government? Empirical Evidence on Political Cycles in Budget Composition Using New Data for OECD Countries

Niklas Potrafke

8133: Recoupling Economic and Social Prosperity

Katharina Lima de Miranda and Dennis J. Snower

8132: The Impact of Declining Oil Rents on Tax Revenues: Does the Shadow Economy Matter?

Phoebe W. Ishak and Mohammad Reza Farzanegan

8131: What You See Is All There Is

Benjamin Enke

8130: A Unified Model of International Business Cycles and Trade

Saroj Bhattarai and Konstantin Kucheryavyy

8129: Overcoming History through Exit or Integration - Deep-Rooted Sources of Support for the European Union

Kai Gehring

8128: Overlapping Efforts in the EU Emission Trading System

Fabian Herweg

8127: Robustly Optimal Monetary Policy in a New Keynesian Model with Housing

Klaus Adam and Michael Woodford

8126: Platform Competition with Multi-Homing on Both Sides: Subsidize or Not?

Yannis Bakos and Hanna Halaburda

8125: Fast Fashion: Theory and Evidence from Portuguese Textile and Clothing Firms

Ana Fernandes and Heiwai Tang

8124: Cyber-Attacks, Cryptocurrencies, and Cyber Security

Guglielmo Maria Caporale, Woo-Young Kang, Fabio Spagnolo and Nicola Spagnolo

8123: Perceived Precautionary Savings Motives: Evidence from FinTech

Francesco D'Acunto, Thomas Rauter, Christoph Scheuch, Michael Weber and Michael Weber

8122: Are Economists Getting Climate Dynamics Right and Does It Matter?

Simon Dietz, Frederick (Rick) van der Ploeg, Armon Rezai and Frank Venmans

8121: Structural Gravity and the Gains from Trade under Imperfect Competition: Quantifying the Effects of the European Single Market

Benedikt Heid and Frank Stähler

8120: Were Jews in Interwar Poland More Educated?

Ran Abramitzky and Hanna Halaburda

8119: Inequality Convergence and Distribution Neutral Fiscal Policy

Sugata Marjit, Amlan Majumder, Sandip Sarkar and Lei Yang

8118: Forward Guidance and Household Expectations

Olivier Coibion, Dimitris Georgarakos, Yuriy Gorodnichenko, Michael Weber and Michael Weber

8117: Understanding Migration Aversion Using Elicited Counterfactual Choice Probabilities

Gizem Kosar, Tyler Ransom and Wilbert van der Klaauw

8116: Health Capital Provision and Human Capital Accumulation

Leonid Azarnert

8115: Coordinated Capacity Reductions and Public Communication in the Airline Industry

Gaurab Aryal, Federico Ciliberto and Benjamin Leyden

8114: Franchise Extension and Fiscal Structure in the United Kingdom 1820-1913: A New Test of the Redistribution Hypothesis

Toke Aidt, Stanley Winer and Peng Zhang

8113: Efficient Institutions and Effective Deterrence: On Timing and Uncertainty of Formal Sanctions

Johannes Buckenmaier, Eugen Dimant, Ann-Christin Posten and Ulrich Schmidt

8112: Cross-Border Portfolio Flows and News Media Coverage

Guglielmo Maria Caporale, Faek Menla Ali, Fabio Spagnolo and Nicola Spagnolo

8111: Long-Run Trends in the U.S. SES-Achievement Gap

Eric A. Hanushek, Paul E. Peterson, Laura M. Talpey and Ludger Woessmann

8110: Understanding PRC Investment Statistics

Carsten A. Holz

8109: Race Meets Bargaining in Product Development

Emin Karagözoğlu, Kerim Keskin and Cagri Saglam

8108: Jobs and Intimate Partner Violence - Evidence from a Field Experiment in Ethiopia

Andreas Kotsadam and Espen Villanger

8107: Air Pollution and Internal Migration: Evidence from Iranian Household Survey

Hassan Gholipour Fereidouni, Mohammad Reza Farzanegan and Mostafa Javadian

8106: Diasporas and Economic Development: A Review of the Evidence and Policy

Dany Bahar

8105: Consumer Debt and Default: A Macro Perspective

Florian Exler and Michele Tertilt

8104: The Process of Economic Development in West Sichuan: The Case of Daocheng County

Carsten A. Holz

8103: Tullock Brings Perseverance and Suspense to Tug-of-War

Emin Karagözoğlu, Cagri Saglam and Agah R. Turan

8102: "It's Not about the Money. It's about Sending a Message!" Unpacking the Components of Revenge

Andras Molnar, Shereen J. Chaudhry and George Loewenstein

8101: Sectoral Okun's Law and Cross-Country Cyclical Differences

Eiji Goto and Constantin Bürgi

8100: Marketplace Lending of SMEs

Douglas J. Cumming and Lars Hornuf

8099: Opportunity and Inequality across Generations

Winfried Koeniger and Carlo Zanella

8098: Rotemberg and Imperfect Common Knowledge: A Solution Algorithm

Radek Šauer

8097: PRC Industrial Policies Postdate Rather Than Lead Economic Activity

Carsten A. Holz

8096: Bribing in Team Contests

Serhat Dogan, Emin Karagözoğlu, Kerim Keskin and Cagri Saglam

8095: Acquisition for Sleep

Pehr-Johan Norbäck, Charlotta Olofsson and Lars Persson

8094: Going Back to School Takes Time: Evidence from a Negative Trade Shock

Jean-Denis Garon, Catherine Haeck and Simon Bourassa-Viau

8093: Optimal Redistributive Wealth Taxation When Wealth Is More Than Just Capital

Max Franks and Ottmar Edenhofer

8092: Signaling and Employer Learning with Instruments

Gaurab Aryal, Manudeep Bhuller and Fabian Lange

8091: Attention Utility: Evidence from Individual Investors

Edika Quispe-Torreblanca, John Gathergood, George Loewenstein and Neil Stewart

8090: Minimum Wage, Trade and Unemployment in General Equilibrium

Sugata Marjit, Shrimoyee Ganguly and Rajat Acharyya

8089: Types of Contact: A Field Experiment on Collaborative and Adversarial Caste Integration

Matthew Lowe

8088: Spatial Differentiation and Market Power in Input Procurement: Evidence from a Structural Model of the Corn Market

Jinho Jung, Juan Sesmero and Ralph Siebert

8087: Beliefs about Public Debt and the Demand for Government Spending

Christopher Roth, Sonja Settele and Johannes Wohlfart

8086: Microentrepreneurship in Developing Countries

Seema Jayachandran

8085: Shocks, Frictions, and Inequality in US Business Cycles

Christian Bayer, Benjamin Born and Ralph Luetticke

8084: Shocks and the Organization of the Firm: Who Pays the Bill?

Alessandro Sforza

8083: Different No More: Country Spreads in Advanced and Emerging Economies

Benjamin Born, Gernot Müller, Johannes Pfeifer and Susanne Wellmann

8082: A Theory of Monopolistic Competition with Horizontally Heterogeneous Consumers

Sergey Kokovin, Shamil Sharapudinov, Alexander Tarasov and Philip Ushchev

8081: The Impact of Consumer Protection in the Digital Age: Evidence from the European Union

Anja Rösner, Justus Haucap and Ulrich Heimeshoff

8080: Housing Search Frictions: Evidence from Detailed Search Data and a Field Experiment

Peter Bergman, Eric W. Chan and Adam Kapor

8079: Corporate Acquisitions and Firm-Level Uncertainty: Domestic Versus Cross-Border Deals

Ye Bai, Sourafel Girma and Alejandro Riaño

8078: Co-Investment, Uncertainty, and Opportunism: Ex-Ante and Ex-Post Remedies

Marc Bourreau, Carlo Cambini, Steffen Hoernig and Ingo Vogelsang

8077: How Exporters Grow

Doireann Fitzgerald, Stefanie Haller and Yaniv Yedid-Levi

8076: Bitcoin Price Co-Movements and Culture

Guglielmo Maria Caporale and Woo-Young Kang

8075: Environmental Economics: The 50th Anniversary of the Birth of This Field around the First Earth Day

Don Fullerton

8074: Investment in Quality Upgrade and Regulation of the Internet

Edmond Baranes and Cuong Hung Vuong

8073: Socio-Economic Determinants of Child Marriage: Evidence from the Iranian Provinces

Mozhgan Asna-ashary, Mohammad Reza Farzanegan, Mehdi Feizi and Hassan Gholipour Fereidouni

8072: Capturing Key Energy and Emission Trends in CGE Models: Assessment of Status and Remaining Challenges

Taran Faehn, Gabriel Bachner, Robert Beach, Jean Chateau, Shinichiro Fujimori, Madanmohan Ghosh, Meriem Hamdi-Cherif, Elisa Lanzi, Sergey Paltsev, Toon Vandyck, Bruno Cunha, Rafael Garaffa and Karl Steininger

8071: Fiscal Consolidation and the Current Account: OECD Evidence

Christian Breuer and Chang Woon Nam

8070: When a Nudge Backfires: Combining (Im)Plausible Deniability with Social and Economic Incentives to Promote Behavioral Change

Gary Bolton, Eugen Dimant and Ulrich Schmidt

8069: How Do School District Boundary Changes and New School Proposals Affect Housing Prices

Xiaozhou Ding, Christopher Bollinger, Michael Clark and William H. Hoyt

8068: Intelligence, Errors and Strategic Choices in the Repeated Prisoners' Dilemma

Eugenio Proto, Aldo Rustichini and Andis Sofianos

8067: Tech in Fin before FinTech: Blessing or Curse for Financial Stability?

Nicola Pierri and Yannick Timmer

8066: The Determinants of Subnational Public Spending Allocation for Disaster Risk Reduction in Bangladesh

Azreen Karim and Ilan Noy

8065: Bribing the Self

Uri Gneezy, Silvia Saccardo, Marta Serra-Garcia and Roel van Veldhuizen

8064: Weather Shocks and Migration Intentions in Western Africa: Insights from a Multilevel Analysis

Simone Bertoli, Frédéric Docquier, Hillel Rapoport and Ilse Ruyssen

8063: International Political Alignment during the Trump Presidency: Voting at the UN General Assembly

Martin Mosler and Niklas Potrafke

8062: Endogenous Preferences for Parenting and Macroeconomic Outcomes

Nigar Hashimzade