CESifo Working Paper Series

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11517: Fiscal Policy’s Role in Economic Resilience to Climate Shocks

Armon Rezai, Franz Ruch, Rishabh Choudhary and John Nana Darko Francois

11516: The Economics of Carbon Dioxide Removal: A Governance Perspective

Ottmar Edenhofer, Max Franks, Friedemann Gruner, Matthias Kalkuhl and Kai Lessmann

11515: Historical Slavery Predicts Contemporary Violent Crime

Moamen Gouda and Anouk S. Rigterink

11514: Trading Places: How Trade Policy Is Reshaping Multinational Firms’ Location

Alejandro G. Graziano, Monika Sztajerowska, Christian Volpe Martincus and Alejandro Graziano

11513: Online Review Updating: Prevalence and Implications for Platforms and Businesses

Martina Pocchiari, Verena Schoenmueller and Yaniv Dover

11512: Inflation Tales: The Heterogenous Price Effects from Current Account Dynamics

Antonio Afonso, José Alves, Joao Jalles and Sofia Monteiro

11511: Retrieving Organs, Losing Motivation? The Response of Medical Staff to Corruption News

Maximilian Mähr, Alida Sangrigoli, Giuseppe Sorrenti and Gilberto Turati

11510: Can Revenue Recycling Kill Green Technology?

Katinka Holtsmark and Katinka Kristine Holtsmark

11509: Analyzing the Expiration of the United States Generalized System of Preferences and Its Impact on Imports from Developing Countries

Marius Fossum, Inga Heiland and Viktor Moulin

11508: Subsidized Small Jobs and Maternal Labor Market Outcomes in the Long Run

Matthias Collischon, Kamila Cygan-Rehm and Regina Riphahn

11507: Corporate Green Pledges

Michael Bauer, Daniel Huber, Eric Offner, Marlene Renkel, Ole Wilms and Michael D. Bauer

11506: Gender-Based Violence in Schools and Girls’ Education: Experimental Evidence from Mozambique

Sofia Amaral, Aixa Garcia-Ramos, Selim Gulesci, Sarita Oré, Alejandra Ramos, Maria Micaela Sviatschi and Maria Micaela Sviatschi

11505: Remittances in Latin America: Trends and Persistence

Guglielmo Maria Caporale, Luis Gil-Alana and Karen Roxana Quinatoa Narváez

11504: Job Training, English Language Skills, and Employability: Evidence from an Experiment in Urban India

Prashant Loyalka, Dinsha Mistree, Robert Fairlie, Saurabh Khanna and Robert W. Fairlie

11503: Good Debt or Bad Debt?

Roberto Tamborini

11502: The Economic Consequences of Businesspeople in Politics: A Survey

Niklas Potrafke

11501: What Is an Effective Signal in Crowdfunding? Evidence from Expert Researchers and a Meta-Study

Lars Hornuf and Johannes Voshaar

11500: Global Evidence on the Income Elasticity of Willingness to Pay, Relative Price Changes and Public Natural Capital Values

Moritz Drupp, Zachary M. Turk, Ben Groom and Jonas Heckenhahn

11499: Impact of Sovereign Debt Maturity on Fiscal Sustainability

Antonio Afonso, José Alves, Oļegs Matvejevs and Oļegs Tkačevs

11498: Unintended Consequences of Externally Aided Projects on Fiscal Transfers: A Subnational Study of India

Roberto Iacono and Krishna Chaitanya Vadlamannati

11497: AI-Generated Production Networks: Measurement and Applications to Global Trade

Thiemo Fetzer, Peter John Lambert, Bennet Feld and Prashant Garg

11496: How Business Income Measures Affect Income Inequality and the Tax Burden

Rolf Aaberge, Marco Francesconi, Jørgen Modalsli and Ola Vestad

11495: Sticky Inflation: Monetary Policy when Debt Drags Inflation Expectations

Saki Bigio, Nicolas Caramp, Dejanir Silva and Dejanir H. Silva

11494: Disentangling Timing Uncertainty of Event-Driven Connectedness among Oil-Based Energy Commodities

Evžen Kočenda, Daniel Bartušek and Evžen Kocenda

11493: Climate Change, Quality of Government, and Migration

Federico Revelli and Tsung-Sheng Tsai

11492: Endogenous Working Hours, Overlapping Generations, and Balanced Neoclassical Growth

Andreas Irmen

11491: Taxing Dividends in a Dual Income Tax System - The Nordic Experience with the Income Splitting Rules

Håkan Selin

11490: Is Support for Authoritarian Rule Contagious? Evidence from Field and Survey Experiments

Sirianne Dahlum, Torbjørn Hanson, Åshild Johnsen, Andreas Kotsadam, Alexander Wuttke and Åshild A. Johnsen

11489: Rules, Discretion, Corruption, and Efficient Sole-Sourcing in Procurement

J. Atsu Amegashie

11488: Optimal Compensation in Competitive Labor Markets with Heterogeneous Employers and Workers

Samuel Häfner, Niklas Haeusle, Winfried Koeniger and Alexander Braun

11487: Public Sector Efficiency and the Functions of the Government

Antonio Afonso, José Alves and Najat Bazah

11486: Dynamic Factor Models and Fractional Integration – With an Application to US Real Economic Activity

Guglielmo Maria Caporale, Luis Gil-Alana and Pedro José Piqueras Martínez

11485: Trump Ante Portas: Political Polarization Undermines Rule-Following Behavior

Christoph Feldhaus, Lukas Reinhardt and Matthias Sutter

11484: Toward a Middle-Income Tax Structure: A Development Perspective with a Focus on Bangladesh

Syed Mainul Ahsan and Syed M. Ahsan

11483: Does a Passport Get You a Degree? Citizenship Reform and Educational Achievement

Celina Proffen and Franziska Riepl

11482: What Is Behind the ifo Business Climate? Evidence from a Meta-Survey

Stefan Sauer and Klaus Wohlrabe

11481: Determinants of Trade Partner Concentration: An Analysis for European Countries

Antonio Afonso, José Alves, Lucas Menescal and Sofia Monteiro

11480: Estimating Gravity Equations for Trade in Value Added: A Structural Perspective

Inga Heiland and Patrik Šváb

11479: Generative AI and the Nature of Work

Manuel Hoffmann, Samuel Boysel, Frank Nagle, Sida Peng and Kevin Xu

11478: The Incidence of Rent Subsidies: Evidence on Rents, Housing Choices and Supply

Essi Eerola, Teemu Lyytikäinen, Tuukka Saarimaa and Tuuli Vanhapelto

11477: The Challenges of Service Delivery by Charities in Ghana: The Case of Rotary

Janet Serwah Gollo and J. Atsu Amegashie

11476: Japan’s Low Inflation from a Quantity Theory Perspective

Gunther Schnabl and Taiki Murai

11475: Trends in the Sea Ice and Snow Cover Extent: A Fractional Integration Analysis

Guglielmo Maria Caporale, Maria Fatima Romero-Rojo and Luis Gil-Alana

11474: Party Politics: A Contest Perspective

Dominik Bruckner and Marco Sahm

11473: Do Cooperatives Exercise Market Power? Evidence from Pass-Through to Retail Prices

Federico M. Accursi, Raúl Bajo-Buenestado and Raul Bajo-Buenestado

11472: Quality Distortions in Monopolistic Competition

Sergey Kichko, Alina Ozhegova and Alexander Tarasov

11471: No Teens, No Tech: How Shortages of Young Workers Hinder Firm Technology Investments

Cäcilia Lipowski

11470: How to Detect Network Dependence in Latent Factor Models? A Bias-Corrected CD Test

M. Hashem Pesaran and Yimeng Xie

11469: The Effects of Adopting a Value Added Tax on Firms

David Agrawal and Laura V. Zimmermann

11468: An Unconsidered Leave? Inequality Aversion and the Brexit Referendum

Joan Costa-Font, Frank Cowell and Joan Costa-i-Font

11467: Parallel Execution Fee Mechanisms

Abdoulaye Ndiaye

11466: AI Users Are Not All Alike: The Characteristics of French Firms Buying and Developing AI

Flavio Calvino and Luca Fontanelli

11465: Income, Wealth, and Environmental Inequality in the United States

Jonathan Colmer, Suvy Qin, John Voorheis and Reed Walker

11464: Could Country-by-Country Reporting Increase Profit Shifting?

Ruby Doeleman, Dominika Langenmayr and Dirk Schindler

11463: Monetary Policy with Persistent Supply Shocks

Galo Nuño Barrau, Philipp Renner and Simon Scheidegger

11462: Causal Claims in Economics

Prashant Garg and Thiemo Fetzer

11461: Political Accountability During Crises: Evidence from 40 Years of Financial Policies

Orkun Saka, Yuemei Ji and Clement Minaudier

11460: The Firm-Level and Aggregate Effects of Corporate Payout Policy

Stylianos Asimakopoulos, James Malley, Apostolis Philippopoulos and Jim Malley

11459: AI Adoption Among German Firms

Thomas Licht and Klaus Wohlrabe

11458: Tax Policy, Investment and Profit Shifting

Katarzyna Bilicka, Michael Devereux, İrem Güçeri, Katarzyna Anna Bilicka, Michael P. Devereux and Irem Guceri

11457: Do Local Elections Affect the Spending of Intergovernmental Transfers? Evidence from Germany’s Stimulus Package of 2009

Yannick Bury and Lars Feld

11456: The Effect of Classroom Rank on Learning Throughout Elementary School: Experimental Evidence from Ecuador

Pedro Carneiro, Yyannu Cruz Aguayo, Francesca Salvati and Norbert Schady

11455: Labour-Market Reform, Skill-Based Exports and Employment: Some Unconventional Results Under Finite Change in General Equilibrium

Rashmi Ahuja, Shrimoyee Ganguly, Rajat Acharyya and Sugata Marjit

11454: Present Bias in Choices over Food and Money

Alexander M. Danzer and Helen Zeidler

11453: On the Fiscal Sustainability of Swiss Cantons Since 1905

Yannick Bury, Lars Feld and Ekkehard A. Köhler

11452: Housing Cooperatives, Housing Affordability, and Rent Control

Matthias Wrede

11451: On the Limits of Chronological Age

Rainer Kotschy, David E. Bloom, Andrew J. Scott and Rainer Franz Kotschy

11450: Crime and Education

Stephen Machin, Matteo Sandi and Steve Machin

11449: Inventor Returns and Mobility

Dietmar Harhoff, David Heller and Paul P. Momtaz

11448: Taming the Curse of Dimensionality: Quantitative Economics with Deep Learning

Jésus Fernández-Villaverde, Galo Nuño Barrau, Jesse Perla and Jesús Fernández-Villaverde

11447: Pricing Climate Risks: Evidence from Wildfires and Municipal Bonds

Woongchan Jeon, Lint Barrage and Kieran James Walsh

11446: Sources of Finance and Growth

Sugata Marjit and Pranab Das

11445: Electric Vehicle Charging at the Workplace: Experimental Evidence on Incentives and Environmental Nudges

Teevrat Garg, Ryan Hanna, Jeffrey Myers, Sebastian Tebbe and David G. Victor

11444: Monopsony Power in the Gig Economy

Jack Fisher

11443: Climate Change Impacts on Public Finances Around the World

Lint Barrage

11442: Monetary Policy, Divergence, and the Euro

Moritz Pfeifer and Gunther Schnabl

11441: Industry and Identity The Migration Linkage Between Economic and Cultural Change in 19th Century Britain

Vasiliki Fouka and Theo Serlin

11440: The Effect of Unconventional Fiscal Policy on Consumption – New Evidence Based on Transactional Data

Winfried Koeniger and Peter Kress

11439: The Political Economy of Bread and Circuses: Weather Shocks and Classic Maya Monument Construction

Melissa Rubio-Ramos, Christian Isendahl and Ola Olsson

11438: Volatile Temperatures and Their Effects on Equity Returns and Firm Performance

Leonardo Bortolan, Atreya Dey and Luca Taschini

11437: Closing Ranks: Organized Labor and Immigration

Carlo Medici

11436: Sibling Spillovers and Free Schooling

João Ferreira, Wayne Aaron Sandholtz and Wayne Sandholtz

11435: Climate Change and Federal Aid Disbursements After Hurricane Harvey: An Extreme Event Attribution Analysis

Kevin T. Smiley, Ilan Noy, Michael F. Wehner, Christopher C. Sampson, Oliver E.J. Wing and KayLynn Larrison

11434: Air Pollution and Cognition in Children: Evidence from National Tests in Denmark

Christina M. Andersen, Jørgen Brandt, Jesper H. Christensen, Lise M. Frohn, Camilla Geels, Timo Hener, Marianne Simonsen and Lars Skipper

11433: LinkedOut? A Field Experiment on Discrimination in Job Network Formation

Yulia Evsyukova, Felix Rusche and Wladislaw Mill

11432: Inventors’ Coworker Networks and Innovation

Sabrina Di Addario, Zhexin Feng and Michel Serafinelli

11431: Scaling Financial Education Among Micro-Entrepreneurs: A Randomized Saturation Experiment

Jana S. Hamdan, Tim Kaiser, Lukas Menkhoff and Yuanwei Xu

11430: How Do Floods Affect Firms’ Economic Performance?: Evidence from Two Cyclones in New Zealand

Cristhian D. Prieto and Ilan Noy

11429: The Potential of Carbon Border Adjustments to Foster Climate Cooperation

Timothé Beaufils, Joschka Wanner and Leonie Wenz

11428: Skills and Earnings: A Multidimensional Perspective on Human Capital

Ludger Woessmann

11427: Bad Samaritans in Foreign Aid: Evidence from Major Mineral Discoveries

Rabah Arezki, Youssouf Camara, Frederick (Rick) van der Ploeg, Grégoire Rota-Graziosi and Rick van der Ploeg

11426: Public and Private Investments: A VAR Analysis of Their Impact of Economic Growth in 18 Advanced Economies

Antonio Afonso, Jorge Caiado and Omar Al. Kanaan

11425: Crime and the Labor Market

Randi Hjalmarsson, Stephen Machin, Paolo Pinotti and Steve Machin

11424: Designing Carbon Pricing Policies Across the Globe

Frikk Nesje, Robert C. Schmidt, Moritz Drupp and Robert Christian Schmidt

11423: Mean Reversion of the German City System After the WWII Bombing of Cities: What Is the Mean?

Duc A. Nguyen, Steven Brakman, Harry Garretsen and Tristan Kohl

11422: Bad Apples on Rotten Tomatoes: Critics, Crowds, and Gender Bias in Product Ratings

Luis Aguiar

11421: Youngism: Discrimination and Stereotypes

Vojtĕch Bartoš, Michal Bauer, Jana Cahlikova, Julie Chytilová and Vojtech Bartos

11420: Disentangling Frictions Across the World: Markups Versus Trade Costs

Benedikt Heid and Frank Stähler

11419: Global Value Chains in a World of Uncertainty and Automation

Marius Faber, Kemal Kilic, Gleb Kozliakov and Dalia Marin

11418: Competing Stochastic Thresholds: The Green Transition as a Race Between “The Good” and “The Ugly”

Linnea Lorentzen, Steinar Strøm and Jon Vislie