CESifo Working Paper Series

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6658: Global Sourcing and Domestic Production Networks

Taiji Furusawa, Tomohiko Inui, Keiko Ito and Heiwai Tang

6657: Engineering Crises: Favoritism and Strategic Fiscal Indiscipline

Gilles Saint-Paul, Davide Ticchi and Andrea Vindigni

6656: What Does Trade Openness Measure?

Eiji Fujii

6655: Signaling to Experts

Pablo Kurlat and Florian Scheuer

6654: Optimal Income Taxation with Composition Effects

Laurence Jacquet and Etienne Lehmann

6653: The Effect of Oil Spills on Infant Mortality: Evidence from Nigeria

Anna Bruederle and Roland Hodler

6652: Can Financial Incentives Reduce the Baby Gap? Evidence from a Reform in Maternity Leave Benefits

Anna Raute

6651: Assessing the Effects of Climate Policy on Companies' Greenhouse Gas Emissions

Ana Maria Montoya Gomez and Markus Zimmer

6650: Immobile Australia: Surnames Show Strong Status Persistence, 1870-2017

Gregory Clark, Andrew Leigh and Mike Pottenger

6649: How Do Banks and Households Manage Interest Rate Risk? Evidence from the Swiss Mortgage Market

Christoph Basten, Benjamin Guin and Cathérine Tahmee Koch

6648: Monetary Momentum

Andreas Neuhierl, Michael Weber and Michael Weber

6647: Tax Mimicking in Local Business Taxation: Quasi-experimental Evidence from Portugal

Mariana Lopes da Fonseca

6646: Did Protestantism Promote Economic Prosperity via Higher Human Capital?

Jeremy Edwards

6645: Exposition to Corruption and Political Participation: Evidence from Italian Municipalities

Tommaso Giommoni

6644: Patent Exhaustion Regime and International Production Sharing: Winner and Losers?

Olena Ivus and Edwin Lai

6643: Historical Antisemitism, Ethnic Specialization, and Financial Development

Francesco D'Acunto, Marcel Prokopczuk, Michael Weber and Michael Weber

6642: Equity Crowdfunding in Germany and the UK: Follow-up Funding and Firm Failure

Lars Hornuf, Matthias Schmitt and Eliza Stenzhorn

6641: An Up-to-Date Joint Labor Supply and Child Care Choice Model

Thor Thoresen and Trine Engh Vattø

6640: Political Agency and Public Health Care: Evidence from India

Joan Costa-i-Font and Divya Parmar

6639: Does Marketing Widen Borders? Cross-Country Price Dispersion in the European Car Market

Eyal Dvir and Georg Strasser

6638: An Economic Model of Patent Exhaustion

Olena Ivus, Edwin Lai and Ted Sichelman

6637: Firm Response to Competitive Shocks: Evidence from China's Minimum Wage Policy

Harald Hau, Yi Huang and Gewei Wang

6636: Self-Allocation in Contests

Axel Bernergard and Karl Wärneryd

6635: What Drives Reciprocal Behavior? The Optimal Provision of Incentives over the Course of Careers

Matthias Fahn, Anne Schade and Katharina Schüßler

6634: Export Hysteresis, Capacity Constraints and Uncertainty: A Smooth-Transition Analysis for Euro Area Member Countries

Ansgar Belke and Jan Wagemester

6633: Can Degrowth Overcome the Leakage Problem of Unilateral Climate Policy?

Mario Larch, Markus Löning and Joschka Wanner

6632: Can Television Reduce Xenophobia? The Case of East Germany

Lars Hornuf, Marc Oliver Rieger and Sven A. Hartmann

6631: Adverse Selection and Moral Hazard with Multidimensional Types

Suehyun Kwon

6630: Uncertainty and Monetary Policy in Good and Bad Times

Giovanni Caggiano, Efrem Castelnuovo and Gabriela Nodari

6629: Leading the Unwilling: Unilateral Strategies to Prevent Arctic Oil Exploration

Justin Leroux and Daniel Spiro

6628: Distributive Politics inside the City? The Political Economy of Spain's Plan E

Felipe Carozzi and Luca Repetto

6627: Wedges: Distribution, Distortions, and Market Integration

Giuseppe Bertola

6626: Climate Policies under Climate Model Uncertainty: Max-Min and Min-Max Regret

Armon Rezai and Frederick (Rick) van der Ploeg

6625: Trade and Investment in the Global Economy

James Anderson, Mario Larch and Yoto Yotov

6624: Processing Immigration Shocks: Firm Responses on the Innovation Margin

Rowena Gray, Giulia Montresor and Greg Wright

6623: Measuring the Spillovers of Venture Capital

Monika Schnitzer and Martin Watzinger

6622: Estimating the Real Effects of Uncertainty Shocks at the Zero Lower Bound

Giovanni Caggiano, Efrem Castelnuovo and Giovanni Pellegrino

6621: Mechanism Design with Moral Hazard

Suehuyn Kwon

6620: The Safe Carbon Budget

Frederick (Rick) van der Ploeg

6619: Price Rigidities and the Granular Origins of Aggregate Fluctuations

Ernesto Pasten, Raphael S. Schoenle, Michael Weber and Michael Weber

6618: Globalization and State Capitalism: Assessing Vietnam's Accession to the WTO

Leonardo Baccini, Giammario Impullitti and Edmund J. Malesky

6617: Global Demographic Change and Climate Policies

Reyer Gerlagh, Richard Jaimes and Ali Motavasseli

6616: Pricing Advices

Suehyun Kwon

6615: Salience in Retailing: Vertical Restraints on Internet Sales

Magdalena Helfrich and Fabian Herweg

6614: Distributional Effects of the Wealth Tax under a Lifetime-Dynastic Income Concept

Elin Halvorsen and Thor Thoresen

6613: Revealed Relative Utilitarianism

Tilman Börgers and Yan-Min Choo

6612: The Diffusion of New Institutions: Evidence from Renaissance Venice's Patent System

Stefano Comino, Alberto Galasso and Clara Graziano

6611: What Crisis? Taking Stock of Management Researchers' Experiences with and Views of Scholarly Misconduct

Gary Hoover and Christian Hopp

6610: Urban Resurgence as a Consumer City: A Case Study for Weimar in Eastern Germany

Florian Bartholomae, Chang Woon Nam and Alina Schoenberg

6609: Animal Welfare and Human Ethics: A Personality Study

Konstanze Albrecht, Florentin Krämer and Nora Szech

6608: Income and Wealth Inequality in America, 1949-2016

Moritz Kuhn, Moritz Schularick and Ulrike I. Steins

6607: Heterogeneous Merger Impacts on Competitive Outcomes

Ralph Siebert

6606: Public Transport and Urban Pollution

Rainald Borck

6605: Can Subsidising Job-Related Training Reduce Inequality?

Konstantinos Angelopoulos, Andrea Benecchi and Jim Malley

6604: Can the Central Bank Alleviate Fiscal Burdens?

Ricardo Reis

6603: Partisan Determinants of Federal Highway Grants

Frank Goetzke, William Hankins and Gary Hoover

6602: Public Opinion on Education Policy in Germany

Philipp Lergetporer, Katharina Werner and Ludger Woessmann

6601: Bismarck's Health Insurance and the Mortality Decline

Stefan Bauernschuster, Anastasia Driva and Erik Hornung

6600: Goods and Factor Market Integration: A Quantitative Assessment of the EU Enlargement

Lorenzo Caliendo, Luca David Opromolla, Fernando Parro and Alessandro Sforza

6599: Should Pollution Taxes be Targeted at Income Redistribution?

Bas Jacobs and Frederick (Rick) van der Ploeg

6598: The Potential Output Gains from Using Optimal Teacher Incentives: An Illustrative Calibration of a Hidden Action Model

Nirav Mehta

6597: Leveraging Wage Subsidies to Facilitate Fair Wages and Increase Social Welfare

Tomer Blumkin, Haim Pinhas and Ro'i Zultan

6596: Who Bears the Economic Costs of Environmental Regulations?

Don Fullerton and Erich Muehlegger

6595: The Impact of Immigration on Wage Dynamics: Evidence from the Algerian Independence War

Anthony Edo

6594: International Transfer Pricing and Tax Avoidance: Evidence from Linked Trade-Tax Statistics in the UK

Li Liu, Tim Schmidt-Eisenlohr and Dongxian Guo

6593: Reactivity in Economic Science

Bruno Frey

6592: Normalization of Citation Impact in Economics

Lutz Bornmann and Klaus Wohlrabe

6591: More Giving or More Givers? The Effects of Tax Incentives on Charitable Donations in the UK

Miguel Almunia, Benjamin Lockwood and Kimberley Ann Scharf

6590: Relational Contracts with Private Information on the Future Value of the Relationship: The Upside of Implicit Downsizing Costs

Matthias Fahn and Nicolas Klein

6589: Delegation of Regulation

Tapas Kundu and Tore Nilssen

6588: Status Inequality, Moral Disengagement and Violence

Armin Falk

6587: Contests as Selection Mechanisms: The Impact of Risk Aversion

Christoph March and Marco Sahm

6586: Activated History - The Case of the Turkish Sieges of Vienna

Christian Ochsner and Felix Roesel

6585: Executive Compensation: A Survey of Theory and Evidence

Alex Edmans, Xavier Gabaix and Dirk Jenter

6584: Public Policy Towards Offshore Oil Spills

Charles Mason

6583: Using Spatial Distribution of Outlets to Estimate Gambling Incidence

Momi Dahan

6582: Omnimetrics and Awards

Bruno Frey

6581: When Inequality Matters for Macro and Macro Matters for Inequality

SeHyoun Ahn, Greg Kaplan, Benjamin Moll, Thomas Winberry and Christian Wolf

6580: Equilibrium Theory of Banks' Capital Structure

Douglas Gale and Piero Gottardi

6579: A Theory of Repurchase Agreements, Collateral Re-use, and Repo Intermediation

Piero Gottardi, Vincent Maurin and Cyril Monnet

6578: Does Voluntary Risk Taking Affect Solidarity? Experimental Evidence from Kenya

Renate Strobl and Conny Wunsch

6577: Why Mandate Young Borrowers to Contribute to their Retirement Accounts?

Torben M. Andersen and Joydeep Bhattacharya

6576: Skill Premiums and the Supply of Young Workers in Germany

Albrecht Glitz and Daniel Wissmann

6575: The Labor Market Impact of Undocumented Immigrants: Job Creation vs. Job Competition

Christoph Albert

6574: Firms' Innovation Strategy under the Shadow of Analyst Coverage

Bing Guo, David Perez-Castrillo and Anna Toldrà-Simats

6573: Politically Feasible Reforms of Non-Linear Tax Systems

Felix Bierbrauer, Pierre Boyer and Andreas Peichl

6572: Wealth Inequality and Externalities from Ex Ante Skill Heterogeneity

Konstantinos Angelopoulos, Spyridon Lazarakis and Jim Malley

6571: Interest Rates Under Falling Stars

Michael Bauer and Glenn Rudebusch

6570: Compensation for Loss of Work Income in Personal Injury Cases

Leif Danziger and Eliakim Katz

6569: Firm Innovation under Import Competition from Low-Wage Countries

Ujjayant Chakravorty, Runjuan Liu and Ruotao Tang

6568: Cities and the Structure of Social Interactions: Evidence from Mobile Phone Data

Konstantin Büchel and Maximilian von Ehrlich

6567: Income or Leisure? On the Hidden Benefits of (Un-)Employment

Adrian Chadi and Clemens Hetschko

6566: Taxation and Corporate Risk-Taking

Dominika Langenmayr and Rebecca Lester

6565: Money Creation and Destruction

Salomon Faure and Hans Gersbach

6564: Taxing Intellectual Property in the Global Economy: A Plea for Regulated and Internationally Coordinated Profit Splitting

Wolfram Richter

6563: Too Lucky to be True - Fairness Views under the Shadow of Cheating

Stefania Bortolotti, Ivan Soraperra, Matthias Sutter and Claudia Zoller

6562: Relational Contracts, the Cost of Enforcing Formal Contracts, and Capital Structure Choice - Theory and Evidence

Matthias Fahn, Valeria Merlo and Georg Wamser

6561: Transboundary Externalities and Reciprocal Taxes: A Differential Game Approach

Charles Mason

6560: Why Does Idiosyncratic Risk Increase with Market Risk?

Söhnke Bartram, Gregory Brown and René M. Stulz

6559: How Do Employers Use Compensation History?: Evidence from a Field Experiment

Moshe A. Barach and John Horton