CESifo Working Paper Series

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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 Kocenda, Yoshisada Shida and Evžen Kočenda

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

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

8615: Regional Heterogeneity and U.S. Presidential Elections

Rashad Ahmed and Mohammad Pesaran

8614: Human Capital Depreciation

Michael Dinerstein, Rigissa Megalokonomou and Constantine Yannelis

8613: How Does Climate Change Affect the Transition of Power Systems: The Case of Germany

Alexander Golub, Kristina Govorukha, Philip Mayer and Dirk Rübbelke

8612: Skill Formation, Temporary Disadvantage and Elite Education

Per Hjertstrand, Pehr-Johan Norbäck and Lars Persson

8611: Gender Norms and Labor-Supply Expectations: Experimental Evidence from Adolescents

Elisabeth Grewenig, Philipp Lergetporer and Katharina Werner

8610: Offshoring and Non-Monotonic Employment Effects across Industries in General Equilibrium

Daniel Baumgarten, Michael Irlacher and Michael Koch

8609: Covid-19 Mortality and Contemporaneous Air Pollution

Wes Austin, Stefano Carattini, John Gomez Mahecha and Michael Pesko

8608: Perceived Uncertainty Shocks, Excess Optimism-Pessimism, and Learning in the Business Cycle

Pratiti Chatterjee and Fabio Milani

8607: Financial Constraints and Propagation of Shocks in Production Networks

Banu Demir Pakel, Beata Javorcik, Tomasz Michalski and Evren Ors

8606: Mental Accounting, Loss Aversion, and Tax Evasion: Theory and Evidence

Sanjit Dhami and Narges Hajimoladarvish

8605: Why Is Corporate Tax Revenue Stable While Tax Rates Fall? Evidence from Firm-Level Data

Clemens Fuest, Felix Hugger and Susanne Wildgruber

8604: The Indirect Fiscal Benefits of Low-Skilled Immigration

Mark Colas and Dominik Sachs

8603: Call It a Day: History Dependent Stopping Behavior

Ala Avoyan, Robizon Khubulashvili and Giorgi Mekerishvili

8602: Integrated versus Segmented Markets: Implications for Export Pricing and Welfare

Raphael Becker, Sergey Nigai and Tobias Seidel

8601: Give Me Your Tired and Your Poor: Impact of a Large-Scale Amnesty Program for Undocumented Refugees

Dany Bahar, Ana Ibáñez and Sandra Rozo

8600: Social Framing Effects in Leadership: Preferences or Beliefs?

Edward Cartwright and Michalis Drouvelis

8599: Management Practices and Establishment Performance under Non-Union Workplace Representation

John Addison, Paulino Teixeira and Lutz Bellmann

8598: Unwilling to Train? Firm Responses to the Colombian Apprenticeship Regulation

Santiago Caicedo, Miguel Espinosa Farfan and Arthur Seibold

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 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