CESifo Working Paper Series

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12327: Economic Shocks, Opportunity Costs, and the Supply of Politicians

Laura Barros and Aiko Schmeißer

12325: The Dark Side of Escaping the Middle-Income Trap: A SAGE Study of Asian High-Income Countries

Dennis J. Snower

12324: The Insider-Outsider Theory Reconsidered: Labor Markets as Human Ecosystems

Dennis J. Snower

12323: Monthly Earnings Volatility and Household Pooling

Martin Andresen, Andreas Kostøl, Ross Milton, Corina Mommaerts and Luisa Wallossek

12322: Taxing Mobile Money: Theory and Evidence

Michael Barczay, Shafik Hebous, Fayçal Sawadogo and Jean-Francois Wen

12321: Fiscal Policy: Financing and Indebtedness

Jing Cynthia Wu, Shihan Xie, Yinxi Xie and Ji Zhang

12320: Identification and Estimation of Continuous-Time Job Search Models with Preference Shocks

Peter S. Arcidiacono, Attila Gyetvai, Arnaud Maurel and Ekaterina Jardim

12319: Fact-Checking and Misinformation: Evidence from the Market Leader

Julia Cagé, Nathan Gallo, Moritz Hengel, Emeric Henry and Yuchen Huang

12318: Public Preferences for Index Aggregation Imply Lower Ocean Sustainability

Simon Disque, Björn Bos and Moritz A. Drupp

12317: Do Distributional Concerns Justify Lower Environmental Taxes?

Ashley C. Craig, Thomas Lloyd, Dylan Moore and Ashley Craig

12316: European Regional Resilience to Supply Shocks Diffused Through Global Value Chains

Filippo Bontadini, Valentina Meliciani, Maria Savona and Ariel Wirkierman

12315: Does Partisanship or Arguing Activate Political Motivated Reasoning?

Salvatore Nunnari and Andrew T. Little

12313: Long Lasting Health Effects of Soviet Education

Joan Costa-i-Font and Anna Nicinska

12312: Expected Asylum Seekers and Far-Right Voting: Effects of a Dispersal Act

Joop Age Harm Adema

12311: Geopolitical Conflict and Trade: Montesquieu Revisited

Jonas Adolph, Wilhelm Kohler and Gernot Müller

12310: Revisiting the Price Elasticity of Charitable Giving: Meta-Analysis of Tax Incentives and Matching Donations

Gwen-Jiro Clochard, Shubham Dey, Shusaku Sasaki and Taisuke Imai

12309: Mothers’ Work, Reconciliation Issues, and Fertility Desires Evidence from the Evaluation of a Program to Support Mothers

Daniela Del Boca, Luca Favaro and Chiara Pronzato

12308: Closing Multiple Sanction Loopholes

Kai A. Konrad and Marcel Thum

12307: How Early Career Choices Adjust to Economic Crises

Julien Grenet, Hans Grönqvist, Edvin Hertegård, Martin Nybom and Jan Stuhler

12306: The Natural Rate of Inflation

Engin Kara

12305: From the Black Market to Legalisation: The Causal Impact of Cannabis Reform in Morocco

Michele Liberatore, Anna Pettini and Alberto Tonini

12304: Useless Knowledge: Directed vrs Non-Directed Research

J. Atsu Amegashie

12303: Superstar Teams

Lukas B. Freund

12302: Taxing One Side Hurts the Other: DSTs, BEPS, and Platform Competition

Hans Jarle Kind, Dirk Schindler and Guttorm Schjelderup

12301: All Eyes on the Nerd? The Unequal Distribution of Teachers’ Attention

Sofoklis Goulas, Rigissa Megalokonomou and Tommaso Sartori

12300: Is Work from Home Good for the Environment?

Rainald Borck, Matthias Kalkuhl and Kai Lessmann

12299: Minimum Resale Price Maintenance in the Absence of Point-of-Sale Service, Agency or Free-Rider Problems

Michale R. Baye, Dan Kovenock and de Vries Casper G

12298: Natural Disasters and Electoral Consequences - Evidence for Voter Participation and Choice in U.S. Presidential Elections

Chi-Young Choi, Ilan Noy and Ashish Sedai

12297: Direct Democracy and State Government Finances

Rino Heim and Benedikt Marxer

12296: Syrian Refugees and Gender Inequalities Within Households: Evidence from Turkey

Nur Bilge and Simone Moriconi

12295: Exposure to Inequality, Human Capital Investment, and Labor Market Outcomes

Jan Bietenbeck, Matthew Collins, Petter Lundborg and Kaveh Majlesi

12294: The Effects of Wealth Shocks on Public and Private Long-Term Care Insurance

Joan Costa-i-Font, Richard Frank and Nilesh Raut

12293: Market Power at Sea: Micro Evidence, Macro Implications

Anna Ignatenko, Pierre Cariou, Haiying Jia and François-Charles Wolff

12292: Labor Market Strength and Declining Community College Enrollment

Joshua Goodman, Joseph Winkelmann and Joshua S. Goodman

12291: Belief Updating and AI Adoption: Experimental Evidence from Firms

Manuel Menkhoff

12290: Mind the Lag: Using Assessed and List Prices as Proxies for Housing Market Values

Gabriel M. Ahlfeldt, Hans Koster, Tu Giang Vu and Gabriel Ahlfeldt

12289: Climate Shift Uncertainty and Economic Damages

Romain Fillon, Manuel Linsenmeier and Gernot Wagner

12287: A Reminder That Never Gets Old: Behavioral Effects of an Annual Pension Statement

Johannes Hagen, Amedeus Malisa, Andrea Schneider and Jana Schuetz

12286: Motivated Beliefs Under Delayed Uncertainty Resolution

Charlotte Cordes, Jana Friedrichsen and Simeon Schudy

12285: Trade Policy Uncertainty and Supply Chain Disruptions: Firm-Level Evidence from "Liberation Day"

Gustavo de Souza, Haishi Li, Ziho Park and Yulin Wang

12284: Division of Labor in the Global Economy

Sascha Becker, Hartmut Egger, Michael Koch and Marc-Andreas Muendler

12283: University as a Melting Pot: Long-term Effects of Internationalization

Stanislav Avdeev

12282: Climate Change Increases Bilateral Trade Costs

Maximilian Huppertz

12281: Acidification in the Earth’s Oceans: Trends and Persistence

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

12280: Nonlinear Estimation of a New Keynesian Model with Endogenous Inflation De-Anchoring

Dominik Hecker, Maik Wolters and Maik H. Wolters

12279: Designing Effective Interventions

Sebastian Riedmiller, Matthias Sutter and Sebastian Tonke

12278: Immigrants, Imports, and Welfare: Evidence from Household Purchase Data

Brett McCully, Torsten Jaccard and Christoph Albert

12277: AI Images, Labels and News Demand

Maja Adena, Eleonora Alabrese, Francesco Capozza and Isabelle Leader

12276: The Great Leveler According to HANK

Ralph Luetticke, Timothy Meyer, Gernot Müller and Moritz Schularick

12275: Dilution vs. Risk Taking: Capital Gains Taxation and Entrepreneurship

Eduardo Azevedo, Florian Scheuer, Kent Smetters and Min Yang

12274: School Starting Age and the Gender Pay Gap over the Life Cycle

Kamila Cygan-Rehm and Matthias Westphal

12273: Timing of School Entry and Personality Traits in Adulthood

Anton Barabasch, Kamila Cygan-Rehm and Andreas Leibing

12272: Policies to Decarbonize Industry While Addressing Competitiveness and Carbon Leakage

Ian Parry, Simon Black, Danielle Minnett and Karlygash Zhunussova

12270: Linear Regressions with Combined Data

Xavier D'Haultfoeuille, Christophe Gaillac and Arnaud Maurel

12269: Evaluating Online Exercise Solution Videos Versus a Detailed Explanation in Class Using Data on Students’ Learning and Repetition Behavior

Steffen Henzel and Christian Holzner

12268: Informal Institutions and Global Trade: Real Effects of the Elusive

Eiji Fujii

12267: The Economics of Climate Innovation: Technology, Climate Policy, and the Clean Energy Transition

Eugenie Dugoua and Jacob Moscona

12266: The Causal Effects of Trump's Reelection on Business Expectations of German Firms

Jonas Dovern and Klaus Wohlrabe

12264: Regional Autonomy and Development: Evidence from Madhya Pradesh – Chhattisgarh Split in India

Priyaranjan Jha and Karan Talathi

12263: Housing Market Responses to Constrained Mobility Rights – Evidence from A School Enrollment Reform for Migrant Children

Yilin Hou, Jinghua Qi and Yugang Tang

12262: The Granular Origins of Inflation

Santiago Alvarez-Blaser, Raphael Auer, Sarah M. Lein, Andrei Levchenko, Raphael A. Auer and Sarah Marit Lein

12261: The Effects of Immigration Enforcement on Student Outcomes in a New Era of Immigration Policy in the United States

David Figlio, Umut Ozek, David N. Figlio and Umut Özek

12260: Polarization and Exposure to Cross-Partisan Media in an Electoral Autocracy

Jeremy Bowles, Horacio Larreguy, Shelley Liu and Ahmet Akbiyik

12259: An Empirical Inquiry Into Cartel Overcharges and Cartel Fines Including an Assessment of the EU’s Guidelines on Cartel Fines and Damages

Justus Haucap, Mehmet Karacuka and Hakan Inke

12256: Gender and Religion: A Survey

Sascha Becker, Jeanet Bentzen and Chun Chee Kok

12255: The Output Cost of Inheritance

Marius Brülhart, Aurélien Eyquem, Isabel Martínez, Enrico Rubolino and Enrico Rubolino

12254: Wealth Taxation: The Key to Unlocking Capital Gains

Guttorm Schjelderup and Floris Zoutman

12253: Work from Home and Firm Productivity: The Role of ICT and Size

Filippo Boeri, Riccardo Crescenzi and Davide Rigo

12252: Dancing in the Dark: Sentiment Shocks and Economic Activity

Maximilian Boeck, Zeno Enders, Michael Kleemann and Gernot Müller

12251: Educated to Be Mothers? School Reform and Demographic Backlash

Gema Lax-Martinez, Marco Le Moglie and Matteo Sandi

12250: Rating Government Procurement Markets

Tatyana Deryugina, Alminas Zaldokas, Anastassia Fedyk, Yuriy Gorodnichenko, James Hodson and Ilona Sologoub

12249: Socioeconomic Inequality in Longevity: A Multidimensional Approach

Paul Bingley, Claus Thustrup Kreiner and Benjamin Ly Serena

12248: Research Waves

Mariagiovanna Baccara, Gilat Levy and Ronny Razin

12247: Fiscal Responses to Monetary Policy: Insights From a Survey of Government Officials

Andreas Dibiasi, Heiner Mikosch, Samad Sarferaz and Armin Steinbach

12246: Monetary Policy Shocks and Narrative Restrictions: Rules Matter

Efrem Castelnuovo, Giovanni Pellegrino and Laust L. Særkjær

12245: Determinants of US Inequality: Disparities Within or Between Ethnic Groups?

Oded Galor and Daniel Wainstock

12243: Healthy Self-Interest? Health Dependent Preferences for Fairer Health Care

Marcello Antonini and Joan Costa-i-Font

12242: Air Supremacy Is Not Enough: The Effect of Drone and Air Strikes on Terrorist Attacks in Somalia and Yemen

Adelaide Baronchelli, Alessandra Foresta, Roberto Ricciuti, Flavio Santi and Tadele Tefera

12241: Who Wants Power? Measuring Intrinsic Preferences for Power and Their Behavioral Signature

Francisco Gomez-Martinez and Holger Herz

12240: Training or Retiring? How Labor Markets Adjust to Trade and Technology Shocks

Alexander Bertermann, Wolfgang Dauth, Jens Suedekum and Ludger Woessmann

12239: Intimate Partner Violence and Children's Human Capital

Dan Anderberg, Gloria Moroni and Alexander Vickery

12238: A Cross-Country Study of Preferences for Choice Autonomy

Jana Freundt and Holger Herz

12237: Industrialization and the Return to Labor: Evidence from Prussia

Ann-Kristin Becker and Erik Hornung

12236: How New Business Models Shape Innovation Spillovers: Insights from the New Space Economy

Lars Hornuf and Daniel Vrankar

12235: Science by Consensus: Eliciting Citizens’ and Experts’ R&D Spending Priorities

Francesco Capozza, Krishna Srinivasan and Mattie Toma

12234: How Does Information About Inequalities Affect Fairness Views and Policy Preferences? Evidence from a Randomized Survey Experiment

Julia Baarck, Mathias Dolls and Lisa Windsteiger

12233: Data-Driven Platform Encroachment

Chongwoo Choe, Antoine Dubus, Noriaki Matsushima and Shiva Shekhar

12232: Demand for Carbon-Neutral Products

Stefano Carattini, Fabian Dvorak, Ivana Logar and Begum Ozdemir-Oluk

12230: Uncertainty and Investments in Data and R&D

Siavash Mohades and Maria Savona

12229: Interviews

Elliott Ash, Soumitra Shukla and Jason Sockin

12228: The Marginal Equity-Adjusted Cost of Public Funds

Katinka Kristine Holtsmark and Åsmund Sunde Valseth

12227: The Long-Term Effects of Rank in Elementary School

Elizabeth Dhuey, A. Payne and Justin Smith

12226: Funding and Defunding Military Spending - 200 Years of Evidence

Armin A. Bolouri, Tim Lohse and Salmai Qari

12225: Contemporaneous and Lagged 𝑅2 Decomposed Connectedness: Evidence for Stock Market Indices, Thematic ETFs, Bitcoin, Brent Crude Oil and Geopolitical Risks

Fekria Belhouichet, Guglielmo Maria Caporale and Luis Gil-Alana

12224: The GATT vs Inflation: Tokyo Drift

Andrew Greenland, James Lake and John Lopresti

12223: Does Local Diversity Affect Charitable Giving?

Barış Yörük

12222: Unintended Consequences of Immigration Reform: Marriage Market, Intra-Household Bargaining, and Well-Being

Giulia Briselli and Wookun Kim

12221: Evaluating Search Cost Models: Estimation and Prediction

Adrian Düll, Heiko Karle, Simon Martin and Heiner Schumacher

12220: Populist Ideology, Policy and the Real Economy: Walking the Stick

Ege Asutay, Christopher Ball and Andreas Freytag

12219: A Loan You Can’t Refuse: Credit Rationing and Organized Crime Infiltration of Distressed Firms

Gianmarco Daniele, Marco De Simoni, Domenico J. Marchetti, Giovanna Marcolongo and Paolo Pinotti