CESifo Working Paper Series

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7059: An Economic Anatomy of Optimal Climate Policy

Juan Moreno-Cruz, Gernot Wagner and David W. Keith

7058: Partially Adaptive Econometric Methods and the Modern Obesity Epidemic

Scott A. Carson and James B. McDonald

7057: Deferred Taxation under Default Risk

Cristian Carini, Michele Moretto, Paolo Panteghini and Sergio Vergalli

7056: Border Effects Without Borders: What Divides Japan's Internal Trade?

Jens Wrona

7055: How to Measure Research Efficiency in Higher Education? Research Grants vs. Publication Output

Sabine Gralka, Klaus Wohlrabe and Lutz Bornmann

7054: Come Together: Firm Boundaries and Delegation

Laura Alfaro, Nick Bloom, Paola Conconi, Harald Fadinger, Patrick Legros, Andrew F. Newman, Raffaella Sadun, John van Reenen and Nicholas Bloom

7053: Effects of Stricter Environmental Regulations on Resource Development

Ian Lange and Michael Redlinger

7052: Cooperation Creates Special Moral Obligations

Alexander Cappelen, Varun Gauri and Bertil Tungodden

7051: Somatic Distance, Cultural Affinities, Trust and Trade

Jacques Melitz and Farid Toubal

7050: Corporate Income Taxes Around the World - A Survey on Forward-looking Tax Measures and Two Applications

Elias Steinmüller, Georg U. Thunecke and Georg Wamser

7049: Mine, Ours or Yours? Unintended Framing Effects in Dictator Games

Andreas Bergh and Philipp Christoph Wichardt

7048: Inference in Structural Vector Autoregressions when the Identifying Assumptions are not Fully Believed: Re-evaluating the Role of Monetary Policy in Economic Fluctuations

Christiane Baumeister and James D. Hamilton

7047: An Experimental Analysis of the Complications in Colluding when Firms are Asymmetric

Charles Mason

7046: Competition over Cursed Consumers

Alessandro Ispano and Peter Schwardmann

7045: Fairness in Winner-Take-All Markets

Björn Bartling, Alexander Cappelen, Mathias Ekström, Erik Sørensen and Bertil Tungodden

7044: Is there always a Trade-off between Insurance and Incentives? The Case of Unemployment with Subsistence Constraints

Juliana Mesén Vargas and Bruno Van der Linden

7043: An Estimable Model of Income Redistribution in a Federation: Musgrave Meets Oates

Kevin Milligan and Michael Smart

7042: Is the Anchoring of Consumers' Inflation Expectations Shaped by Inflational Experience?

Lena Dräger and Michael Lamla

7041: On the Generalised Anti-inverse Elasticity Rule: An Existence Result

Junichi Minagawa and Thorsten Upmann

7040: Social Polarization and Partisan Voting in Representative Democracies

Dominik Duell and Justin Mattias Valasek

7039: Local Candidates and Distributive Politics under Closed-list Proportional Representation

Jon Fiva, Askill Halse and Daniel M. Smith

7038: Regional and Ethnic Favoritism in the Allocation of Humanitarian Aid

Christian Bommer, Axel Dreher and Marcello Perez-Alvarez

7037: Agricultural Price Shocks and Business Cycles - A Global Warning for Advanced Economies

Jasmien De Winne and Gert Peersman

7036: STIGMA? WHAT STIGMA? A Contribution to the Debate on the Effectiveness of IMF Lending

Beatrice D. Scheubel, Andrea Tafuro and Benjamin Vonessen

7035: Price or Variety? An Evaluation of Mergers Effects in Grocery Retailing

Elena Argentesi, Paolo Buccirossi, Roberto Cervone, Tomaso Duso and Alessia Marrazzo

7034: Moral Nimby-ism? Understanding Societal Support for Monetary Compensation to Plasma Donors in Canada

Nicola Lacetera and Mario Macis

7033: Taxation and the Allocation of Risk Inside the Multinational Firm

Johannes Becker, Niels Johannesen and Nadine Riedel

7032: The Impact of Trade Agreements on World Export Prices

Lisandra Flach and Fabian Gräf

7031: Measuring the Impact of Insurance on Urban Recovery with Light: The 2010-2011 New Zealand Earthquakes

Cuong Nguyen and Ilan Noy

7030: Sales Performance and Social Preferences

Andrea Essl, Frauke von Bieberstein, Michael Kosfeld and Markus Kröll

7029: Inequity Aversion, Welfare Measurement and the Gini Index

Ulrich Schmidt and Philipp Christoph Wichardt

7028: Optimal Trend Inflation

Klaus Adam and Henning Weber

7027: Relocation of the Rich: Migration in Response to Top Tax Rate Changes from Spanish Reforms

David Agrawal and Dirk Foremny

7026: Optimal Policy and Network Effects for the Deployment of Zero Emission Vehicles

Guy Meunier and Jean-Pierre Ponssard

7025: Increasing Workplace Diversity: Evidence from a Recruiting Experiment at a Fortune 500 Company

Jeffrey Flory, Andreas Leibbrandt, Christina Rott and Olga Stoddard

7024: The Origins of Common Identity: Division, Homogenization Policies and Identity Formation in Alsace-Lorraine

Sirus Dehdari and Kai Gehring

7023: Order Invariant Tests for Proper Calibration of Multivariate Density Forecasts

Jonas Dovern and Hans Manner

7022: Gender Effects in Dictator Game Giving: Under Voluntary Choice, Women Favour Female Recipients

Maximilian Baltrusch and Philipp Christoph Wichardt

7021: Monetary Policy under Climate Change

George Economides and Anastasios Xepapadeas

7020: The Effects of Official and Unofficial Information on Tax Compliance

Filomena Garcia, Luca David Opromolla, Andrea Vezzulli and Rafael Marques

7019: The ECB's Fiscal Policy

Hans-Werner Sinn

7018: Maize and Precolonial Africa

Jevan Cherniwchan and Juan Moreno-Cruz

7017: Taxing Direct Sales of Digital Services: A Plea for Regulated and Internationally Coordinated Profit Splitting

Wolfram Richter

7016: Did the Black Death Cause Economic Development by "Inventing" Fertility Restriction?

Jeremy Edwards and Sheilagh Ogilvie

7015: Diversification Power of Real Estate Market Securities: The Role of Financial Crisis and Dividend Policy

Metin Ilbasmis, Marc Gronwald and Yuan Zhao

7014: Public Goods Games and Psychological Utility: Theory and Evidence

Sanjit Dhami, Mengxing Wei and Ali al-Nowaihi

7013: Super-Efficiency of Education Institutions: An Application to Economics Departments

Matthias Gnewuch and Klaus Wohlrabe

7012: Fiscal Transfers in the Spatial Economy

Marcel Henkel, Tobias Seidel and Jens Suedekum

7011: On the Frequency of Price Overreactions

Guglielmo Maria Caporale and Alex Plastun

7010: When Work Disappears: Manufacturing Decline and the Falling Marriage Market Value of Young Men

David Autor, David Dorn and Gordon Hanson

7009: Female Empowerment and Male Backlash

Eleonora Guarnieri and Helmut Rainer

7008: Entry Through the Narrow Door: The Costs of Just Failing High Stakes Exams

Stephen Machin, Sandra McNally and Jenifer Ruiz-Valenzuela

7007: Land Use Regulations, Migration and Rising House Price Dispersion in the U.S

Wukuang Cun and Mohammad Pesaran

7006: Unbundling the Incumbent and Deployment of High-Speed Internet: Evidence from France

Marc Bourreau, Lukasz Grzybowski and Maude Hasbi

7005: The Propagation of Regional Shocks in Housing Markets: Evidence from Oil Price Shocks in Canada

Lutz Kilian and Xiaoqing Zhou

7004: How Should Capital be Taxed? Theory and Evidence from Sweden

Spencer Bastani and Daniel Waldenström

7003: Social Norms, Endogenous Sorting and the Culture of Cooperation

Ernst Fehr and Tony Williams

7002: Women Leaving the Playpen: The Emancipating Role of Female Suffrage

Michaela Slotwinski and Alois Stutzer

7001: Spatial Diffusion of Economic Shocks in Networks

Ashani Amarasinghe, Roland Hodler, Paul Raschky and Yves Zenou

7000: Does Ignorance of Economic Returns and Costs Explain the Educational Aspiration Gap? Evidence from Representative Survey Experiments

Philipp Lergetporer, Katharina Werner and Ludger Woessmann

6999: Norms and Guilt

Anastasia Danilov, Kiryl Khalmetski and Dirk Sliwka

6998: Central Banks Going Long

Ricardo Reis

6997: The Role of Government and Trust in the Market Economy

Nadja König and Ludger Schuknecht

6996: Honesty in the Digital Age

Michel Maréchal, Alain Cohn and Tobias Gesche

6995: Communications Technology and Terrorism

Rafat Mahmood and Michael Jetter

6994: On Heckits, LATE, and Numerical Equivalence

Patrick Kline and Christopher Walters

6993: Contagious Exporting and Foreign Ownership: Evidence from Firms in Shanghai Using a Bayesian Spatial Bivariate Probit Model

Badi Baltagi, Peter Egger and Michaela Kesina

6992: The Changing Structure of Immigration to the OECD: What Welfare Effects on Member Countries?

Michał Burzyński, Frédéric Docquier and Hillel Rapoport

6991: More Opportunity, More Cooperation? The Behavioral Effects of Birthright Citizenship on Immigrant Youth

Christina Felfe, Martin Kocher, Helmut Rainer, Judith Saurer and Thomas Siedler

6990: Water Tariffs and Consumers' Inaction

Carmine Ornaghi and Mirco Tonin

6989: Diversity and Conflict

Cemal Eren Arbatli, Quamrul Ashraf, Oded Galor and Marc Klemp

6988: Coal Demand, Market Forces, and US Coal Mine Closures

Brett Jordan, Ian Lange and Joshua Linn

6987: Political Ideology and the Intragenerational Prospect of Upward Mobility

Maite D. Laméris, Harry Garretsen and Richard Jong-A-Pin

6986: Physical Disability and Labor Market Discrimination: Evidence from a Field Experiment

Charles Bellemare, Marion Goussé, Guy Lacroix and Steeve Marchand

6985: Buyer Uncertainty about Seller Capacity: Causes, Consequences, and a Partial Solution

John Horton

6984: Mechanisms in a Digitalized World

Gabrielle Demange

6983: The Dynamics of Domestic Violence: Learning about the Match

Dan Anderberg, Noemi Mantovan and Robert M. Sauer

6982: The Risk-Taking Channel of Monetary Policy Transmission in the Euro Area

Matthias Neuenkirch and Matthias Nöckel

6981: Market Contestability and Bribe Solicitations: Evidence Across Stages of Firms' Operations

Rajeev Goel, Ummad Mazhar and James W. Saunoris

6980: GVCs and the Endogenous Geography of RTAs

Lionel Fontagné and Gianluca Santoni

6979: Estimating Bargaining-related Tax Advantages of Multinational Firms

Peter Egger, Nora Strecker and Benedikt Zoller-Rydzek

6978: Stringency of Land-Use Regulation: Building Heights in US Cities

Jan Brueckner and Ruchi Singh

6977: Non-Cooperative and Cooperative Climate Policies with Anticipated Breakthrough Technology

Niko Jaakkola and Frederick (Rick) van der Ploeg

6976: Modeling Fiscal Sustainability in Dynamic Macro-Panels with Heterogeneous Effects: Evidence from German Federal States

Lars Feld, Ekkehard Köhler and Julia Wolfinger

6975: Can there be a Market for Cheap-Talk Information? An Experimental Investigation

Antonio Cabrales, Francesco Feri, Piero Gottardi and Miguel Meléndez-Jiménez

6974: On the Optimal Use of Correlated Information in Contractual Design under Limited Liability

Daniel Danau and Annalisa Vinella

6973: The Demand for Global and Local Environmental Protection - Experimental Evidence from Climate Change Mitigation in Beijing

Andreas Löschel, Jiansuo Pei, Bodo Sturm, Ran Wang, Wolfgang Buchholz and Zhongxiu Zhao

6972: Banking Crises and Boom-Bust Dynamics: Evidence for Italy (1861-2016)

Silvana Bartoletto, Bruno Chiarini, Elisabetta Marzano and Paolo Piselli

6971: The Rise and Fall of Bioenergy

Michael Olaf Hoel

6970: The Farmer, the Blue-collar, and the Monk: Understanding Economic Development through Saturations of Demands and Non-Homothetic Productivity Gains

Elie Gray, André Grimaud and David Le Bris

6969: In Support of the Turner Hypothesis for the 19th Century American West: A Biological Response to Recent Criticisms

Scott A. Carson

6968: On the Persistence of UK Inflation: A Long-Range Dependence Approach

Guglielmo Maria Caporale, Luis Gil-Alana and Tommaso Trani

6967: Corporate Taxes, Patent Shifting and Anti-Avoidance Rules: Empirical Evidence

Martina Baumann, Tobias Böhm, Bodo Knoll and Nadine Riedel

6966: Stress and Coping - An Economic Approach

Klaus Wälde

6965: Intersectoral Markup Divergence

Kristian Behrens, Sergey Kichko, Philip Ushchev and Sergei Kichko

6964: The Role of Electoral Incentives for Policy Innovation: Evidence from the U.S. Welfare Reform

Andreas Bernecker, Pierre Boyer and Christina Gathmann

6963: Guns, Environment, and Abortion: How Single-Minded Voters Shape Politicians' Decisions

Laurent Bouton, Paola Conconi, Francisco Pino and Maurizio Zanardi

6962: The Logic of Collective Action Revisited

Joachim Weimann, Jeannette Brosig-Koch, Timo Heinrich, Heike Hennig-Schmidt and Claudia Keser

6961: Refugee Resettlement, Redistribution and Growth

Leonid Azarnert

6960: Do US Firms Pay Less Tax than their European Peers? On Firm Characteristics, Profit Shifting Opportunities, and Tax Legislation as Determinants of Tax Differentials

Michael Overesch, Sabine Schenkelberg and Georg Wamser