CESifo Working Paper Series

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7113: Managing Trade: Evidence from China and the US

Nick Bloom, Kalina Manova, John van Reenen, Stephen Teng Sun, Zhihong Yu and Nicholas Bloom

7112: Trade and Currency Weapons

Agnès Benassy-Quere, Matthieu Bussiere and Pauline Wibaux

7111: Employment Effects of Payroll Tax Subsidies

Matthias Collischon, Kamila Cygan-Rehm and Regina Riphahn

7110: Quantity-cum-Quality Contests

J. Atsu Amegashie

7109: What is a Foreign Firm? Implications for Productivity Spillovers

Sara L. McGaughey, Pascalis Raimondos and Lisbeth la Cour

7108: Monetary Policy Analysis when Planning Horizons are Finite

Michael Woodford

7107: Heterogeneity and Persistence in Returns to Wealth

Andreas Fagereng, Luigi Guiso, Davide Malacrino and Luigi Pistaferri

7106: Optimal Law Enforcement with Sophisticated and Naive Offenders

Berno Buechel, Eberhard Feess and Gerd Muehlheusser

7105: Economic Policy Uncertainty and Unemployment in the United States: A Nonlinear Approach

Giovanni Caggiano, Efrem Castelnuovo and Juan Manuel Figueres

7104: The Hardships of Long Distance Relationships: Time Zone Proximity and Knowledge Transmission within Multinational Firms

Dany Bahar

7103: Guaranteed Renewable Life Insurance Under Demand Uncertainty

Michael Hoy, Afrasiab Mirza and Asha Sadanand

7102: How to Measure Financial Market Efficiency? A Multifractality-Based Quantitative Approach with an Application to the European Carbon Market

Cristina Sattarhoff and Marc Gronwald

7101: Do Electoral Rules Matter for Female Representation?

Paola Profeta and Eleanor Woodhouse

7100: Long Term Care Risk Misperceptions

Martin Boyer, Philippe De Donder, Claude Fluet, Marie-Louise Leroux and Pierre-Carl Michaud

7099: International Trade and Retail Market Performance and Structure: Theory and Empirical Evidence

Philipp Meinen and Horst Raff

7098: Do Working Hours Affect Health? Evidence from Statutory Workweek Regulations in Germany

Kamila Cygan-Rehm and Christoph Wunder

7097: Growing up in Ethnic Enclaves: Language Proficiency and Educational Attainment of Immigrant Children

Alexander Danzer, Carsten Feuerbaum, Marc Piopiunik and Ludger Woessmann

7096: Liquidity Traps and Large-Scale Financial Crises

Giovanni Caggiano, Efrem Castelnuovo, Olivier Damette, Antoine Parent and Giovanni Pellegrino

7095: The Effect of Forest Access on the Market for Fuelwood in India

Branko Bošković, Ujjayant Chakravorty, Martino Pelli and Anna Risch

7094: Systemic Crisis and Growth Revisited: Has the Global Financial Crisis Marked a New Era?

Sven Steinkamp and Frank Westermann

7093: Growing Against the Background of Colonization? Chinese Labor Market and FDI in a Historical Perspective

Hao Wang, Jan Fidrmuc and Yunhua Tian

7092: Paralyzed by Shock: The Portfolio Formation Behavior of Peer-to-Business Lending Investors

Gregor Dorfleitner, Lars Hornuf and Martina Weber

7091: Who Opts In?

Sandro Ambuehl, Axel Ockenfels and Colin Stewart

7090: Tax Competition between Developed, Emerging and Developing Countries - Same Same but Different?

Mohammed Mardan and Michael Stimmelmayr

7089: How Large are Road Traffic Externalities in the City? The Highway Tunneling in Maastricht, the Netherlands

Joep Tijm, Thomas Michielsen, Raoul van Maarseveen and Peter Zwaneveld

7088: Differences in Euro-Area Household Finances and their Relevance for Monetary-Policy Transmission

Thomas Hintermaier and Winfried Koeniger

7087: A Reconsideration of the Sugar Sweetened Beverage Tax in a Household Production Model

Di Xiang, Lue Zhan and Massimo Bordignon

7086: Economic Policy Uncertainty Spillovers in Booms and Busts

Giovanni Caggiano, Efrem Castelnuovo and Juan Manuel Figueres

7085: Pro-rich Inflation in Europe: Implications for the Measurement of Inequality

Eren Gürer, Alfons J. Weichenrieder and Alfons Weichenrieder

7084: Dynamic Effects of Co-Ethnic Networks on Immigrants' Economic Success

Michele Battisti, Giovanni Peri and Agnese Romiti

7083: A Model of Heterogeneous Firm Matches in Cross-Border Mergers & Acquisitions

Steven Brakman, Harry Garretsen, Michiel Gerritse, Charles van Marrewijk and Charles van Marrewijk

7082: Skill, Innovation and Wage Inequality: Can Immigrants be the Trump Card?

Gouranga Das and Sugata Marjit

7081: Attribution Bias in Major Decisions: Evidence from the United States Military Academy

Kareem Haggag, Richard Patterson, Nolan Pope and Aaron Feudo

7080: Advertising as a Reminder: Evidence from the Dutch State Lottery

Chen He and Tobias Klein

7079: Forecasting Imports with Information from Abroad

Christian Grimme, Robert Lehmann and Marvin Noeller

7078: Selling Strategic Information in Digital Competitive Markets

David Bounie, Antoine Dubus and Patrick Waelbroeck

7077: Plunging into the Sea: Ideological Change, Institutional Environments and Private Entrepreneurship in China

Jin Yang, Jian Huang, Yanhua Deng and Massimo Bordignon

7076: Legislative Restraint in Corporate Bailout Design

Mark Gradstein and Michael Kaganovich

7075: Vocational High School Graduate Wage Gap: The Role of Cognitive Skills and Firms

Joop Hartog, Pedro Raposo and Hugo Reis

7074: State-Dependent Transmission of Monetary Policy in the Euro Area

Jan Pablo Burgard, Matthias Neuenkirch and Matthias Nöckel

7073: Prospects for a Monetary Union in the East Africa Community: Some Empirical Evidence

Guglielmo Maria Caporale, Hector Carcel and Luis Gil-Alana

7072: Oil Prices and GCC Stock Markets: New Evidence from Smooth Transition Models

Nidhaleddine Ben Cheikh, Sami Ben Naceur, Oussama Kanaan and Christophe Rault

7071: Leaning Against Housing Prices as Robustly Optimal Monetary Policy

Klaus Adam and Michael Woodford

7070: Hidden Persuaders: Do Small Gifts Lubricate Business Negotiations?

Michel Maréchal and Christian Thöni

7069: Cheap Talk? Financial Sanctions and Non-Financial Activity

Tibor Besedes, Stefan Goldbach and Volker Nitsch

7068: The Formation of Prosociality: Causal Evidence on the Role of Social Environment

Fabian Kosse, Thomas Deckers, Pia Pinger, Hannah Schildberg-Hörisch and Armin Falk

7067: Optimal Contracts for Discouraging Deforestation with Risk Averse Agents

Charles Mason

7066: Uncertainty and Hyperinflation: European Inflation Dynamics after World War I

Jose Lopez and Kris James Mitchener

7065: International Joint Ventures and Internal vs. External Technology Transfer: Evidence from China

Kun Jiang, Wolfgang Keller, Larry Qiu and William Ridley

7064: Police and Crime: Further Evidence from a Quasi-Natural Experiment

Vicente Cardoso and Marcelo Resende

7063: Tax Evasion on a Social Network

Duccio Gamannossi degl'Innocenti and Matthew Rablen

7062: Existence, Uniqueness, and Algorithm for Identifying Free Riders in Multiple Public Good Games: Replacement Function Approach

Ken-ichi Suzuki, Jun-ichi Itaya, Akitomo Yamanashi and Tatsuyoshi Miyakoshi

7061: Is it just Luring Reported Profit? The Case of European Patent Boxes

Marko Köthenbürger, Federica Liberini and Michael Stimmelmayr

7060: Jean-Michel Grandmont - A Forthcoming Mind

Laurent Linnemer and Michael Visser

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