CESifo Working Paper Series

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9041: Quality Misallocation, Trade, and Regulations

Luca Macedoni and Ariel Weinberger

9040: Achievement Rank Affects Performance and Major Choices in College

Benjamin Elsner, Ingo Isphording and Ulf Zölitz

9039: Behavioral New Keynesian Models: Learning vs. Cognitive Discounting

Greta Meggiorini and Fabio Milani

9038: The Unequal Consequences of the Covid-19 Pandemic: Evidence from a Large Representative German Population Survey

Lea Immel, Florian Neumeier and Andreas Peichl

9037: Optimal Targeting in Fundraising: A Machine-Learning Approach

Tobias Cagala, Ulrich Glogowsky, Johannes Rincke and Anthony Strittmatter

9036: Understanding the Origins of Populist Political Parties and the Role of External Shocks

Eugenio Levi, Isabelle Sin and Steven Stillman

9035: Welfare Reforms and the Division of Parental Leave

Thomas Jørgensen and Jakob Søgaard

9034: Point Targets, Tolerance Bands, or Target Ranges? Inflation Target Types and the Anchoring of Inflation Expectations

Michael Ehrmann

9033: Malleability of Preferences for Honesty

Johannes Abeler, Armin Falk and Fabian Kosse

9032: The Causal Effect of Cultural Identity on Cooperation

Jeffrey Butler and Dietmar Fehr

9031: Impact of Colonial Institutions on Economic Growth and Development in India: Evidence from Night Lights Data

Priyaranjan Jha and Karan Talathi

9030: Tax Strategy Disclosure: A Greenwashing Mandate?

Katarzyna Bilicka, Elisa Casi, Carol Seregni and Barbara Stage

9029: Breaking Bad: Supply Chain Disruptions in a Streamlined Agent Based Model

Domenico Delli Gatti and Elisa Grugni

9028: A Cross-Country Analysis of the Determinants of Covid-19 Fatalities

Hideki Toya and Mark Skidmore

9027: Testing for UIP: Nonlinearities, Monetary Announcements and Interest Rate Expectations

Christina Anderl and Guglielmo Maria Caporale

9026: Distressed Acquisitions: Evidence from European Emerging Markets

Ichiro Iwasaki, Evžen Kocenda, Yoshisada Shida and Evžen Kočenda

9025: Economic Uncertainty and Fertility

Giray Gözgör, Mehmet Bilgin and Peter Rangazas

9024: Does Expert Information Affect Citizens' Attitudes toward Corona Policies? Evidence from Germany

Clemens Fuest, Lea Immel, Florian Neumeier and Andreas Peichl

9023: The Team Allocator Game: Allocation Power in Public Goods Games

Alexandros Karakostas, Martin Kocher, Dominik Matzat, Holger A. Rau and Gerhard Riewe

9022: Technology, Market Structure and the Gains from Trade

Giammario Impullitti, Omar Licandro and Pontus Rendahl

9021: Strategic Leaks in First-Price Auctions and Tacit Collusion: The Case of Spying and Counter-Spying

Cuihong Fan, Byoung Heon Jun and Elmar Wolfstetter

9020: Your Place in the World - Relative Income and Global Inequality

Dietmar Fehr, Johanna Mollerstrom and Ricardo Perez-Truglia

9019: Hiding Filthy Lucre in Plain Sight: Theory and Identification of Business-Based Money Laundering

Keith Maskus, Alessandro Peri and Anna Rubinchik

9018: Common Ownership of Competing Firms: Evidence from Australia

Andrew Leigh and Adam Triggs

9017: How Do Inheritances Shape Wealth Inequality? Theory and Evidence from Sweden

Arash Nekoei and David Seim

9016: On Optimal Currency Areas and Common Cycles: Are the Acceding Countries Ready to Join the Euro?

Louisa Grimm, Sven Steinkamp and Frank Westermann

9015: A Machine Learning Approach to Analyze and Support Anti-Corruption Policy

Elliott Ash, Sergio Galletta and Tommaso Giommoni

9014: Universal High-Speed Broadband Provision: An Alternative Policy Approach

Elmar Wolfstetter

9013: The Political Scar of Epidemics

Barry Eichengreen, Orkun Saka and Cevat Giray Aksoy

9012: Free Neighborhood Choice Boosts Socially Optimal Outcomes in Stag-Hunt Coordination Problem

Arno Riedl, Ingrid M. T. Rohde and Martin Strobel

9011: Concentration Bias in Intertemporal Choice

Markus Dertwinkel-Kalt, Holger Gerhardt, Gerhard Riener, Frederik Schwerter and Louis Strang

9010: Consumer Sentiment during the Covid-19 Pandemic: The Role of Others' Beliefs

Dzung Bui, Lena Dräger, Bernd Hayo and Giang Nghiem

9009: Worker Commitment and Establishment Performance

John Addison and Paulino Teixeira

9008: Medicare and the Rise of American Medical Patenting: The Economics of User-Driven Innovation

Jeffrey Clemens and Morten Olsen

9007: The Economic Effects of International Sanctions: An Event Study

Jerg Gutmann, Matthias Neuenkirch and Florian Neumeier

9006: Gibrat's Law for Cities: Evidence from World War I Casualties

Antonio Ciccone

9005: What Matters in Households' Inflation Expectations?

Philippe Andrade, Erwan Gautier and Eric Mengus

9004: Age and Health Related Inheritance Taxation

Marie-Louise Leroux and Pierre Pestieau

9003: Incentives and Defaults Can Increase Covid-19 Vaccine Intentions and Test Demand

Marta Serra-Garcia and Nora Szech

9002: Gender, Crime and Punishment: Evidence from Women Police Stations in India

Sofia Amaral, Sonia Bhalotra and Nishith Prakash

9001: Arbitrage Pricing Theory, the Stochastic Discount Factor and Estimation of Risk Premia from Portfolios

Mohammad Pesaran and Ronald Smith

9000: Better Alone? Evidence on the Costs of Intermunicipal Cooperation

Clemence Tricaud

8999: Divided We Survive? Multi-Level Governance during the Covid-19 Pandemic

Marta Angelici, Paolo Berta, Joan Costa-i-Font and Gilberto Turati

8998: Modeling Inter-Regional Patient Mobility: Does Distance Go Far Enough?

Michael Irlacher, Dieter Pennerstorfer, Anna-Theresa Renner and Florian Unger

8997: Cities and the Sea Level

Yatang Lin, Thomas K.J. McDermott and Guy Michaels

8996: Redistribution of Return Inequality

Karl Schulz

8995: M-Payments, Financial Inclusion, and Full Market Coverage

Vladimir Karamychev and Jean-Marie Viaene

8994: Do You Really Want to Share Everything? The Wellbeing of Work-Linked Couples

Juliane Hennecke and Clemens Hetschko

8993: The Supply of Hours Worked and Fluctuations between Growth Regimes

Ka-Kit Iong and Andreas Irmen

8992: Classical and Belief-Based Gift Exchange Models: Theory and Evidence

Sanjit Dhami, Mengxing Wei and Ali al-Nowaihi

8991: Attention, Recall and Purchase: Experimental Evidence on Online News and Advertising

Tommaso Valletti and André Veiga

8990: Can Payroll Tax Cuts Help Firms during Recessions?

Youssef Benzarti and Jarkko Harju

8989: Bargaining Shocks and Aggregate Fluctuations

Thorsten Drautzburg, Jesus Fernandez-Villaverde and Pablo Guerron-Quintana

8988: Age-Targeted Income Taxation, Labor Supply, and Retirement

Johan Gustafsson

8987: Labor Market Effects of a Minimum Wage: Evidence from Ecuadorian Monthly Administrative Data

Jaerim Choi, Ivan Rivadeneyra and Kenia Ramirez

8986: Concentration in International Markets: Evidence from US Imports

Alessandra Bonfiglioli, Rosario Crino and Gino Gancia

8985: Uncertainty and Monetary Policy during the Great Recession

Giovanni Pellegrino, Efrem Castelnuovo and Giovanni Caggiano

8984: Using Machine Learning and Qualitative Interviews to Design a Five-Question Women's Agency Index

Seema Jayachandran, Monica Biradavolu and Jan Cooper

8983: The Impact of Gender Role Norms on Mothers' Labor Supply

Danilo Cavapozzi, Marco Francesconi and Cheti Nicoletti

8982: Risk Sharing in Currency Unions: The Migration Channel

Wilhelm Kohler, Gernot Müller and Susanne Wellmann

8981: Hidden in Plain Sight: Influential Sets in Linear Models

Nikolas Kuschnig, Gregor Zens and Jesus Crespo Cuaresma

8980: Too Big to Prevail: The Paradox of Power in Coalition Formation

Changxia Ke, Florian Morath, Anthony Newell and Lionel Page

8979: Will the Centralisation of Carbon Pricing Revenue in the EU Lead to Laxer Climate Policy?

Clemens Fuest and Volker Meier

8978: Women's Voice on Redistribution: From Gender Norms to Taxation

Monica Bozzano, Paola Profeta, Riccardo Puglisi and Simona Scabrosetti

8977: Bayesian Estimation of Epidemiological Models: Methods, Causality, and Policy Trade-Offs

Jonas E. Arias, Jesus Fernandez-Villaverde, Juan F Rubio-Ramirez and Minchul Shin

8976: The Covid-19 Pandemic and the Degree of Persistence of US Stock Prices and Bond Yields

Guglielmo Maria Caporale, Luis Gil-Alana and Carlos Poza

8975: Self-Serving Biases in Beliefs about Collective Outcomes

Shimon Kogan, Florian Schneider and Roberto A. Weber

8974: Carbon Policy and the Emissions Implications of Electric Vehicles

Kenneth Gillingham, Marten Ovaere and Stephanie Weber

8973: Creativity over Time and Space - A Historical Analysis of European Cities

Michel Serafinelli and Guido Tabellini

8972: Drivers of Covid-19 Vaccinations: Vaccine Administration and Delivery Efficiency in the United States

Rajeev Goel and Michael Nelson

8971: Double Marginalization and Vertical Integration

Philippe Choné, Laurent Linnemer and Thibaud Vergé

8970: The Relationship between Prices and Output in the UK and the US

Guglielmo Maria Caporale, Gloria Claudio-Quiroga and Luis Gil-Alana

8969: Information Frictions among Firms and Households

Sebastian Link, Andreas Peichl, Christopher Roth and Johannes Wohlfart

8968: A Dynamic Theory of Regulatory Capture

Alessandro De Chiara and Marco Schwarz

8967: International Taxation and Productivity Effects of M&As

Maximilian Todtenhaupt and Johannes Voget

8966: The Smoot-Hawley Trade War

Kris James Mitchener, Kirsten Wandschneider and Kevin O'Rourke

8965: Cross-Country Unemployment Insurance, Transfers, and Trade-Offs in International Risk Sharing

Zeno Enders and David A. Vespermann

8964: Regulatory and Bailout Decisions in a Banking Union

Andreas Haufler

8963: The Impact of the German 'DEAL' on Competition in the Academic Publishing Market

Justus Haucap, Nima Moshgbar and Wolfgang Schmal

8962: Public Debt and the Political Economy of Reforms

Pierre Boyer, Christoph Esslinger and Brian Roberson

8961: Exchange Rate Parities and Taylor Rule Deviations

Christina Anderl and Guglielmo Maria Caporale

8960: The Austrian Pay Transparency Law and the Gender Wage Gap

René Böheim and Sarah Gust

8959: Sovereign Debt in the 21st Century

Kris James Mitchener and Christoph Trebesch

8958: Land Use and Fiscal Competition

Thiess Büttner

8957: Economic Inequality and Covid-19 Death Rates in the First Wave, a Cross-Country Analysis

James Davies

8956: Escaping the Exchange of Information: Tax Evasion via Citizenship-by-Investment

Dominika Langenmayr and Lennard Zyska

8955: Estimating General Equilibrium Spillovers of Large-Scale Shocks

Kilian Huber

8954: Taxes and Turnout: When the Decisive Voter Stays at Home

Felix Bierbrauer, Aleh Tsyvinski and Nicolas Werquin

8953: Open Economy Public Finance

David Wildasin

8952: Welfare Effects of Property Taxation

Max Löffler and Sebastian Siegloch

8951: Trade Liberalization along the Firm Size Distribution: The Case of the EU-South Korea FTA

Sonali Chowdhry and Gabriel Felbermayr

8950: Forced Migration, Staying Minorities, and New Societies: Evidence from Post-War Czechoslovakia

Jakub Grossmann, Stepan Jurajda and Felix Roesel

8949: Does Gender Equality Translate into Economic Equality? Evidence from about 150 Nations

Michael Nelson and Rajeev Goel

8948: Theoretical and Empirical Evaluation of a Competitive Energy Rebate Program

Chi Ta

8947: Factor Strengths, Pricing Errors, and Estimation of Risk Premia

Mohammad Pesaran and Ronald Smith

8946: The Economic Impact of Weather and Climate

Richard Tol

8945: The US-China Phase One Trade Deal: An Economic Analysis of the Managed Trade Agreement

Michael Funke and Adrian Wende

8944: Stable Partial Cooperation in Managing Systems with Tipping Points

Florian O. O. Wagener, Aart de Zeeuw and Florian O.O. Wagener

8943: Selective Sharing of News Items and the Political Position of News Outlets

Julian Freitag, Anna Kerkhof and Johannes Münster

8942: Cheating in Labour Markets

Michalis Drouvelis and Martin Kocher