CESifo Working Paper Series

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8597: Selecting the Best of Us? Politician Quality in Village Councils in West Bengal, India

Ananish Chaudhuri, Vegard Iversen, Francesca R. Jensenius and Pushkar Maitra

8596: Religious Attendance and Covid-19. Evidences from Italian Regions

Vincenzo Alfano, Salvatore Ercolano and Gaetano Vecchione

8595: Preferences over Taxation of High-Income Individuals: Evidence from a Survey Experiment

Dirk Engelmann, Eckhard Janeba, Lydia Mechtenberg and Nils Wehrhöfer

8594: Firm-Level Risk Exposures and Stock Returns in the Wake of Covid-19

Steven Davis, Stephen Hansen and Cristhian Seminario-Amez

8593: Quantifying Domestic Violence in Times of Crisis

Dan Anderberg, Helmut Rainer and Fabian Siuda

8592: State Investment in Higher Education: Effects on Human Capital Formation, Student Debt, and Long-Term Financial Outcomes of Students

Rajashri Chakrabarti, Nicole Gorton and Michael Lovenheim

8591: Abolishing the Marital Wage Premium in Greece: Employment and Participation Effects on Minimum Wage Workers

Theano Kakoulidou, Panagiotis Konstantinou and Thomas Moutos

8590: Unilateral CO2 Reduction Policy with More Than One Carbon Energy Source

Julien Daubanes, Fanny Henriet and Katheline Schubert

8589: The Expected (Signaling) Value of Higher Education

Laura Ehrmantraut, Pia Pinger and Renske Stans

8588: A Counterfactual Economic Analysis of Covid-19 Using a Threshold Augmented Multi-Country Model

Alexander Chudik, Kamiar Mohaddes, Mohammad Pesaran, Mehdi Raissi and Alessandro Rebucci

8587: Did Trump's Trade War Impact the 2018 Election?

Emily Blanchard, Chad Bown and Davin Chor

8586: How People Know Their Risk Preference

Ruben C. Arslan, Martin Brümmer, Thomas Dohmen, Johanna Drewelies, Ralph Hertwig and Gert Wagner

8585: The Direct and Indirect Effects of Financial Development on International Trade: Evidence from the CEEC-6

Guglielmo Maria Caporale, Anamaria Sova and Robert Sova

8584: The "Great Lockdown": Inactive Workers and Mortality by Covid-19

Nicola Borri, Francesco Drago, Chiara Santantonio and Francesco Sobbrio

8583: Alternative Measures of Price Inflation and the Perception of Real Income in Germany

Karl-Friedrich Israel and Gunther Schnabl

8582: Close Encounters of the European Kind: Economic Integration, Sectoral Heterogeneity and Structural Reforms

Nauro Campos, Vera Eichenauer and Jan-Egbert Sturm

8581: The Impact of Covid-19 on Small Business Owners: The First Three Months after Social-Distancing Restrictions

Robert Fairlie

8580: Do Party Ties Increase Transfer Receipts in Cooperative Federalism? - Evidence from Germany

Yannick Bury, Lars Feld and Ekkehard Köhler

8579: How Does the EU ETS Reform Impact Allowance Prices? The Role of Myopia, Hedging Requirements and the Hotelling Rule

Johanna Bocklet and Martin Hintermayer

8578: The Effects of Covid-19 on U.S. Small Businesses: Evidence from Owners, Managers, and Employees

Georgij Alekseev, Safaa Amer, Manasa Gopal, Theresa Kuchler, Schneider Jw, Johannes Stroebel and Nils Wernerfelt

8577: Social Distancing and the Economic Impact of Covid-19 in the United States

Constantin Bürgi and Nisan Gorgulu

8576: Evolution of Individual Preferences and Persistence of Family Rules

Alessandro Cigno, Alessandro Gioffré and Annalisa Luporini

8575: Promoting Education under Distortionary Taxation: Equality of Opportunity versus Welfarism

Pertti Haaparanta, Ravi Kanbur, Tuuli Paukkeri, Jukka Pirttilä and Matti Tuomala

8574: Payment Innovations, the Shadow Economy and Cash Demand of Households in Euro Area Countries

Hans-Eggert Reimers, Friedrich Schneider and Franz Seitz

8573: SCARE: When Economics Meets Epidemiology with Covid-19

André de Palma, Nathalie Picard and Stef Proost

8572: Covid-19 Shocking Global Value Chains

Peter Eppinger, Gabriel Felbermayr, Oliver Krebs and Bohdan Kukharskyy

8571: Linguistic Metrics for Patent Disclosure: Evidence from University versus Corporate Patents

Nancy Kong, Uwe Dulleck, Adam Jaffe, Shupeng Sun and Sowmya Vajjala

8570: Migrants' Missing Votes

Yvonne Giesing and Felicitas Schikora

8569: Trade and Trees: How Trade Agreements Can Motivate Conservation Instead of Depletion

Bard Harstad

8568: Global Firms, National Corporate Taxes: An Evolution of Incompatibility

Shafik Hebous

8567: Understanding the Estimation of Oil Demand and Oil Supply Elasticities

Lutz Kilian

8566: The Big Sell: Privatizing East Germany's Economy

Lukas Mergele, Moritz Hennicke and Moritz Lubczyk

8565: Fertility Changes and Replacement Migration

Yunus Aksoy and Gylfi Zoega

8564: Large Losses from Little Lies: Randomly Assigned Opportunity to Misrepresent Substantially Lowers Later Cooperation and Worsens Income Inequality

Michalis Drouvelis, Jennifer Gerson, Nattavudh Powdthavee and Yohanes Riyanto

8563: Pension Information and Women's Awareness

Marta Angelici, Daniela Del Boca, Noemi Oggero, Paola Profeta, Mariacristina Rossi and Claudia Villosio

8562: Trust, Happiness, and Pro-Social Behavior

Stefano Carattini and Matthias Roesti

8561: Uncertainty and Monetary Policy during Extreme Events

Giovanni Pellegrino, Efrem Castelnuovo and Giovanni Caggiano

8560: Redrawing of a Housing Market: Insurance Payouts and Housing Market Recovery in the Wake of the Christchurch Earthquake of 2011

Cuong Nguyen, Ilan Noy, Dag Einar Sommervoll and Fang Yao

8559: Two-Sided Platforms and Biases in Technology Adoption

Jay Pil Choi and Doh-Shin Jeon

8558: Measuring Monetary Policy with Residual Sign Restrictions at Known Shock Dates

Harald Badinger and Stefan Schiman

8557: Monetary Policy Surprises and Exchange Rate Behavior

Refet Gürkaynak, Hakan Kara and Burçin Kısacıkoğlu

8556: Experts and Epidemics

Klaus Gründler and Niklas Potrafke

8555: On the Heterogeneous Trade and Welfare Effects of GATT/WTO Membership

Gabriel Felbermayr, Mario Larch, Erdal Yalcin and Yoto Yotov

8554: Preferential Trade Liberalization with Endogenous Cartel Discipline: Implications for Welfare and Optimal Trade Policies

Delina Agnosteva, Constantinos Syropoulos and Yoto Yotov

8553: Gravity-Model Estimation with Time-Interval Data: Revisiting the Impact of Free Trade Agreements

Peter Egger, Mario Larch and Yoto Yotov

8552: The Competitive Effects of Declining Entry Costs over Time: Evidence from the Static Random Access Memory Market

An-Hsiang Liu and Ralph Siebert

8551: Self-Selection in Physical and Mental Health among Older Intra-European Migrants

Amelie Constant and Nadja Milewski

8550: Taxing Mobile and Overconfident Top Earners

Andreas Haufler and Yukihiro Nishimura

8549: Does Crowd Support Drive the Home Advantage in Professional Soccer? Evidence from German Ghost Games during the Covid-19 Pandemic

Kai Fischer and Justus Haucap

8548: Gravity Models and the Law of Large Numbers

Colin Jareb and Sergey Nigai

8547: Migration and Cultural Change

Rapoport, Hillel, Sulin Sardoschau, Arthur Silve and Hillel Rapoport

8546: Does Market Interaction Erode Moral Values?

Björn Bartling, Ernst Fehr and Yagiz Özdemir

8545: Airline Schedule Buffers and Flight Delays: A Discrete Model

Jan Brueckner, Achim I. Czerny and Alberto Gaggero

8544: Higher Order Risk Preferences: New Experimental Measures, Determinants and Field Behavior

Sebastian Schneider and Matthias Sutter

8543: Knowledge Intensity and Gender Wage Gaps: Evidence from Linked Employer-Employee Data

Radu Barza, Cristian Jara-Figueroa, Cesar Hidalgo and Martina Viarengo

8542: Nudging When the Descriptive Norm Is Low: Evidence from a Carbon Offsetting Field Experiment

Stefano Carattini and Julia Blasch

8541: Nontradable Goods and Fiscal Multipliers

Jesus Crespo Cuaresma and Christian Glocker

8540: When the Minimum Wage Really Bites Hard: Impact on Top Earners and Skill Supply

Terry Gregory and Ulrich Zierahn-Weilage

8539: Economic Shocks and Populism: The Political Implications of Reference-Dependent Preferences

Fausto Panunzi, Nicola Pavoni and Guido Tabellini

8538: Gender Empowerment, Supply-Chain Linkages and Foreign Direct Investment: Evidence on Bangladesh

Ana Fernandes and Hiau-Looi Kee

8537: Trust, Temperature Fluctuations, and Asylum Applications

Stefano Carattini and Marcella Veronesi

8536: Growing Like China: Firm Performance and Global Production Line Position

Davin Chor, Kalina Manova and Zhihong Yu

8535: An Adaptive Targeted Field Experiment: Job Search Assistance for Refugees in Jordan

Stefano Caria, Grant Gordon, Maximilian Kasy, Simon Quinn, Soha Shami and Alexander Teytelboym

8534: The Tax Elasticity of Financial Statement Income: Implications for Current Reform Proposals

Dhammika Dharmapala

8533: Sea Surface Temperature and Tuna Catch in the Eastern Pacific Ocean under Climate Change

Hanny John Mediodia, Viktoria Kahui and Ilan Noy

8532: Investor-State Dispute Settlement and Multinational Firm Behavior

Guttorm Schjelderup and Frank Stähler

8531: Public Discourse and Socially Responsible Market Behavior

Björn Bartling, Vanessa Valero, Roberto A. Weber and Yao Lan

8530: The Contribution of Loans to Economic Activity

Gianluca Cafiso

8529: Cognitive Flexibility or Moral Commitment? Evidence of Anticipated Belief Distortion

Silvia Saccardo and Marta Serra-Garcia

8528: The Role of Information and Experience for Households' Inflation Expectations

Christian Conrad, Zeno Enders and Alexander Glas

8527: The Rise (and Fall) of Tech Clusters

Sergey Kichko, Wen-Jung Liang, Chao-Cheng Mai, Jacques Thisse, Ping Wang and Sergei Kichko

8526: Betting Market Efficiency in the Presence of Unfamiliar Shocks: The Case of Ghost Games during the Covid-19 Pandemic

Kai Fischer and Justus Haucap

8525: Avoiding Taxes: Banks' Use of Internal Debt

Franz Reiter, Dominika Langenmayr and Svea Holtmann

8524: Quadratic Costs, Innovation and Welfare: The Role of Technology

Sugata Marjit and Suryaprakash Mishra

8523: Biological Differences between Late 19th and Early 20th Century Urban and Rural Residence

Scott A. Carson

8522: Trade in Trash: A Political Economy Approach

James Cassing and Ngo Long

8521: Algorithmic Pricing and Competition: Empirical Evidence from the German Retail Gasoline Market

Stephanie Assad, Robert Clark, Daniel Ershov and Lei Xu

8520: Wage Risk and the Skill Premium

Ctirad Slavik and Hakki Yazici

8519: Evaluating the Impact of Export Finance Support on Firm-Level Export Performance: Evidence from Pakistan

Fabrice Defever, Alejandro Riaño and Gonzalo Varela

8518: Covid-19 Outbreak, Social Response, and Early Economic Effects: A Global VAR Analysis of Cross-Country Interdependencies

Fabio Milani

8517: Wind of Change? Experimental Survey Evidence on the Covid-19 Shock and Socio-Political Attitudes in Europe

Gianmarco Daniele, Andrea Martinangeli, Francesco Passarelli, Willem Sas and Lisa Windsteiger

8516: Oil Prices, Gasoline Prices and Inflation Expectations: A New Model and New Facts

Lutz Kilian and Xiaoqing Zhou

8515: Credit Market Imperfection, Lack of Entrepreneurs and Capital Outflow from a Developing Economy

Sugata Marjit and Suryaprakash Mishra

8514: Gender Differences in Dishonesty Disappear When Leaders Make Decisions on Behalf of Their Team

Kerstin Grosch, Stephan Müller, Holger A. Rau and Lilia Wasserka-Zhurakhovska

8513: Investment Rules and Time Invariance under Population Growth

Geir Asheim, John M. Hartwick and Tapan Mitra

8512: Rules of Origin and Market Power

Wanyu Chung and Carlo Perroni

8511: Cities without Skylines: Worldwide Building-Height Gaps and Their Implications

Remi Jedwab, Jason Barr and Jan Brueckner

8510: How Did U.S. Consumers Use Their Stimulus Payments?

Olivier Coibion, Yuriy Gorodnichenko, Michael Weber and Michael Weber

8509: The Political Economy of the G20 Agenda on Financial Regulation

Ludger Schuknecht and Vincent Siegerink

8508: Marriage and Divorce: The Role of Labor Market Institutions

Bastian Schulz and Fabian Siuda

8507: R&D Spillovers through RJV Cooperation

Albert Banal-Estañol, Tomaso Duso, Jo Seldeslachts and Florian Szücs

8506: Prevention and Mitigation of Epidemics: Biodiversity Conservation and Confinement Policies

Emmanuelle Augeraud-Véron, Giorgio Fabbri and Katheline Schubert

8505: The Equal-Sacrifice Social Welfare Function with an Application to Optimal Income Taxation

Kristoffer Berg and Paolo Giovanni Piacquadio

8504: Froebel's Gifts: How the Kindergarten Movement Changed the American Familiy

Philipp Ager and Francesco Cinnirella

8503: On the Profitability of Cross-Ownership in Cournot Oligopolies: Stock Sizes Matter

Hassan Benchekroun, Miao Dai and Ngo Long

8502: Mechanism Design with Narratives

Matthias Lang

8501: Trustworthiness in the Financial Industry

Andrej Gill, Matthias Heinz, Heiner Schumacher and Matthias Sutter

8500: Nudging for Tax Compliance: A Meta-Analysis

Armenak Antinyan and Zareh Asatryan

8499: The Role of Economic Uncertainty in Rising Populism in the EU

Giray Gözgör

8498: Pricing Group Membership

Siddhartha Bandyopadhyay and Antonio Cabrales