CESifo Working Paper Series

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6125: Fueling Conflict? (De)Escalation and Bilateral Aid

Richard Bluhm, Martin Gassebner, Sarah Langlotz and Paul Schaudt

6124: Thinking of Incentivizing Care? The Effect of Demand Subsidies on Informal Caregiving and Intergenerational Transfers

Joan Costa-i-Font, Sergi Jimenez-Martin and Cristina Vilaplana

6123: Reference Income Effects in the Determination of Equivalence Scales Using Income Satisfaction Data

Melanie Borah, Andreas Knabe and Carina Kuhställer

6122: College Curriculum, Diverging Selectivity, and Enrollment Expansion

Michael Kaganovich and Xuejuan Su

6121: Intelligence, Personality and Gains from Cooperation in Repeated Interactions

Eugenio Proto, Aldo Rustichini and Andis Sofianos

6120: Competition for Natural Resources and the Hold-Up Problem

Carsten Hefeker and Sebastian Kessing

6119: The Effects of School Integration: Evidence from a Randomized Desegregation Program

Peter Bergman

6118: Absorbing Shocks: National Rainy-Day Funds and Cross-Country Transfers in a Fiscal Union

Timothy Goodspeed

6117: The Measurement of Health Inequalities: Does Status Matter?

Joan Costa-i-Font and Frank Cowell

6116: Vocational vs. General Education and Employment over the Life-Cycle: New Evidence from PIAAC

Franziska Hampf and Ludger Woessmann

6115: The Effects of Size-Based Regulation on Small Firms: Evidence from VAT Threshold

Jarkko Harju, Tuomas Matikka and Timo Rauhanen

6114: Coping with Change: International Differences in the Returns to Skills

Eric Hanushek, Guido Schwerdt, Simon Wiederhold and Ludger Woessmann

6113: Forecastability and Statistical Characteristics of Aggregate Oil and Gas Investments on the Norwegian Continental Shelf

Sindre Lorentzen and Petter Osmundsen

6112: Is the Severity of the Penalty an Effective Deterrent? A Strategic Approach for the Crime of Tax Evasion

Bruno Chiarini and Elisabetta Marzano

6111: On the Economics and Politics of Refugee Migration

Christian Dustmann, Francesco Fasani, Tommaso Frattini, Luigi Minale and Uta Schönberg

6110: Student Earnings Expectations: Heterogeneity or Noise?

Luis Diaz-Serrano, Joop Hartog, William Nilsson, Hans van Ophem and Po Yang

6109: Trade and the Environment: New Methods, Measurements, and Results

Jevan Cherniwchan, Brian Copeland and M. Scott Taylor

6108: Asymmetric Discouragement in Asymmetric Contests

Christoph March and Marco Sahm

6107: Money Can't Buy EU Love: European Funds and the Brexit Referendum

Jan Fidrmuc, Martin Hulényi and Cigdem Tunali

6106: The Signaling Role of Charitable Contributions by Businesses: A Tax Policy Perspective

Tomer Blumkin, Yoram Margaliioth, Efraim Sadka and Adi Sharoni

6105: Testing Means-Tested Aid

Richard Murphy and Gill Wyness

6104: Wating Longer Before Claiming, and Activating Youth. No Point?

Bart Cockx and Eva Van Belle

6103: Nation Building: The Role of Central Spending in Education

Francesco Cinnirella and Ruth Maria Schüler

6102: Saving Alberta's Resource Revenues: Role of Intergenerational and Liquidity Funds

Ton van den Bremer and Frederick (Rick) van der Ploeg

6101: Technology Adoption in Education: Usage, Spillovers and Student Achievement

Peter Bergman

6100: A Theory of Crowdfunding - A Mechanism Design Approach with Demand Uncertainty and Moral Hazard

Roland Strausz

6099: The Misspecification of Expectations in New Keynesian Models: A DSGE-VAR Approach

Stephen Cole and Fabio Milani

6098: Investor Taxation, Firm Heterogeneity and Capital Structure Choice

Magdalena Haring, Rainer Niemann and Silke Rünger

6097: Do Politicians Reward Core Supporters? Evidence from a Discretionary Grant Program

Björn Kauder, Niklas Potrafke and Markus Reischmann

6096: Determinants of Financial Inclusion of Urban Poor in India: An Empirical Analysis

Dhananjay Bapat and Biswanath Bhattacharyay

6095: The Effects of Permanent Income Tax Cuts on Emigration from Israel

Tomer Blumkin, Yoram Margalioth and Michel Strawczynski

6094: Abatement Innovation in a Cournot Oligopoly: Emission versus Output Tax Incentives

Naoto Aoyama and Emilson Silva

6093: Early-life Circumstances Predict Measures of Trust among Adults: Evidence from Hunger Episodes in Post-War Germany

Maximiliane Hörl, Iris Kesternich, James Smith and Joachim Winter

6092: The Threat of Exclusion and Implicit Contracting

Martin Brown and Marta Serra-Garcia

6091: Health Care Expenditure and Income: A Global Perspective

Badi Baltagi, Raffaele Lagravinese, Francesco Moscone and Elisa Tosetti

6090: Understanding Firms' Inflation Expectations Using the Bank of Canada's Business Outlook Survey

Simon Richards and Matthieu Verstraete

6089: Nonlinear Tax Incidence and Optimal Taxation in General Equilibrium

Dominik Sachs, Aleh Tsyvinski and Nicolas Werquin

6088: Does Development Aid Increase Military Expenditure?

Sarah Langlotz and Niklas Potrafke

6087: Preferences for Truth-Telling

Johannes Abeler, Daniele Nosenzo and Collin Raymond

6086: Pro-Cyclical Petroleum Investments and Cost Overruns in Norway

Roy Dahl, Sindre Lorentzen, Atle Oglend and Petter Osmundsen

6085: Efficiency-Morality Trade-Offs in Repugnant Transactions: A Choice Experiment

Julio Elias, Nicola Lacetera and Mario Macis

6084: Gender Quotas: Challenging the Boards, Performance, and the Stock Market

Giulia Ferrari, Valeria Ferraro, Paola Profeta and Chiara Pronzato

6083: Disentangling Managerial Incentives from a Dynamic Perspective: The Role of Stock Grants

Amal Hili, Didier Laussel and Ngo Long

6082: The Short-Term Effects of School Consolidation on Student Achievement: Evidence of Disruption?

Louise Voldby Beuchert, Maria Humlum, Helena Skyt Nielsen, Nina Smith and Helena Skyt Nielsen

6081: Hurricanes? Let's Make a Move

Nekeisha Spencer and Mikhail-Ann Urquhart

6080: Quality and Gravity in International Trade

Lisandra Flach and Florian Unger

6079: Finance and Income Inequality: A Review and New Evidence

Jakob de Haan, Jan-Egbert Sturm and Jakob de Haan

6078: Does Long-Term Care Subsidisation Reduce Hospital Admissions?

Joan Costa-i-Font, Sergi Jimenez-Martin and Cristina Vilaplana

6077: The Political Economy of International Organizations

Axel Dreher and Valentin Lang

6076: The Returns to Elite College Education: A Quasi-Experimental Analysis

Massimo Anelli

6075: Coordinating Intergenerational Redistribution and the Repayment of Public Debt

Christoph March, Robert K. von Weizsäcker and Robert K. von Weizsäcker

6074: Does Pension Privatization Increase Economic Growth? Evidence from Latin America and Eastern Europe

Nikola Altiparmakov and Milan Nedeljkovic

6073: A Leverage Theory of Tying in Two-Sided Markets

Jay Choi and Doh-Shin Jeon

6072: Land Inequality, Education, and Marriage: Empirical Evidence from Nineteenth-Century Prussia

Francesco Cinnirella and Erik Hornung

6071: Does Federally-Funded Job Training Work? Non-experimental Estimates of WIA Training Impacts Using Longitudinal Data on Workers and Firms

Fredrik Andersson, Harry Holzer, Julia Lane, David Rosenblum and Jeffrey Smith

6070: Market Integration as a Mechanism of Growth

Wolfgang Keller and Carol Shiue

6069: The Impact of Technological Change on New Trade: Evidence from the Container Revolution

Daniel Bernhofen, Zouheir El-Sahli and Richard Kneller

6068: Hours Worked in Europe and the US: New Data, New Answers

Alexander Bick, Bettina Brüggemann and Nicola Fuchs-Schündeln

6067: Optimal Taxation under a Consumption Target

Junichi Minagawa and Thorsten Upmann

6066: Labor Market Sorting in Germany

Benjamin Lochner and Bastian Schulz

6065: When to Expect a Coup D'État? An Extreme Bounds Analysis of Coup Determinants

Martin Gassebner, Jerg Gutmann and Stefan Voigt

6064: Decentralized Leadership

Emilson Silva

6063: Effects of Fiscal Rules - 85 Years' Experience in Switzerland

Heiko Burret and Lars Feld

6062: Fiscal Federalism, Taxation and Grants

Martin Gonzalez-Eiras and Dirk Niepelt

6061: Beliefs and Utility: Experimental Evidence on Preferences for Information

Armin Falk and Florian Zimmermann

6060: Price Effects on Compound Commodities

Junichi Minagawa and Thorsten Upmann

6059: The Effect of Unconventional Fiscal Policy on Consumption Expenditure

Francesco D'Acunto, Daniel Hoang, Michael Weber and Michael Weber

6058: Ease vs. Noise: On the Conflicting Effects of Transportation Infrastructure

Gabriel Ahlfeldt, Volker Nitsch and Nicolai Wendland

6057: Subsidies, Information, and the Timing of Children's Health Care in Mali

Anja Sautmann, Samuel Brown and Mark Dean

6056: On the Causes of Brexit

Agust Arnorsson and Gylfi Zoega

6055: Depressing Dependence? Transfers and Economic Growth in the German States, 1975-2005

Thushyanthan Baskaran, Lars Feld and Sarah Necker

6054: Optimal Fishery with Coastal Catch

Hannes Uecker and Thorsten Upmann

6053: Resolving Intergenerational Conflict over the Environment under the Pareto Criterion

Torben M. Andersen, Joydeep Bhattacharya and Pan Liu

6052: WTO Membership and the Shift to Consumption Taxes

Thiess Büttner and Boryana Madzharova

6051: The Lifecycle of the 47%

Don Fullerton and Nirupama Rao

6050: Taxes in an E-Commerce Generation

David Agrawal and William Fox

6049: Who Has Terror Angst? Perceptions of the Effects of Terror on the World Economy

Dorine Boumans, Johanna Garnitz and Günther Schulze

6048: Rumors and Runs in Opaque Markets: Evidence from the Panic of 1907

Caroline Fohlin, Thomas Gehrig and Marlene Haas

6047: First Impressions: How Leader Changes Affect Bilateral Aid

Tobias Rommel and Paul Schaudt

6046: Does Capital Tax Uncertainty Delay Irreversible Risky Investment?

Rainer Niemann and Caren Sureth-Sloane

6045: Cooperation and Mistrust in Relational Contracts

Holger Herz, Armin Schmutzler and André Volk

6044: Does the Swiss Debt Brake Induce Sound Federal Finances? A Synthetic Control Analysis

Christian Pfeil and Lars Feld

6043: Cash Flow Duration and the Term Structure of Equity Returns

Michael Weber and Michael Weber

6042: The Long-Term Costs of Government Surveillance: Insights from Stasi Spying in East Germany

Andreas Lichter, Max Löffler and Sebastian Siegloch

6041: Hurricanes, Economic Growth and Transmission Channels - Empirical Evidence for Developed and Underdeveloped Countries

Michael Berlemann and Daniela Wenzel

6040: Euro-Area Fiscal Stance: From Theory to Practical Implementation

Agnès Benassy-Quere

6039: Supply Chain Finance and SMEs: Evidence from International Factoring Data

Marc Auboin, Harry Smythe and Robert Teh

6038: A Mechanism to Regulate Sovereign Debt Restructuring in the Euro Area

Jochen Andritzky, Désirée Christofzik, Lars Feld and Uwe Scheuering

6037: Why Birthright Citizenship Matters for Immigrant Children: Impacts on Parental Educational Choice

Christina Felfe, Helmut Rainer and Judith Saurer

6036: Opening Hours of Polling Stations and Voter Turnout: Evidence from a Natural Experiment

Niklas Potrafke and Felix Rösel

6035: Anyone for Social Security Reform?

Partha Sen

6034: Debt Recovery in Firm Liquidations: Do Liquidation Trustees Matter?

Jaka Cepec, Peter Grajzl and Katarina Zajc

6033: Airline Fuel Usage and Carbon Emissions: Determining Factors

Jan Brueckner and Chrystyane Abreu

6032: Priority for the Worse Off and the Social Cost of Carbon

Matthew Adler, David Anthoff, Valentina Bosetti, Greg Garner, Klaus Keller and Nicolas Treich

6031: Let's Try Next Door: Technical Barriers to Trade and Multi-destination Firms

Lionel Fontagné and Gianluca Orefice

6030: Marketmaking Middlemen

Pieter Gautier, Bo Hu and Makoto Watanabe

6029: Counter Intuitive Learning: An Exploratory Study

Nobuyuki Hanaki, Alan Kirman and Paul Pezanis-Christou

6028: Electoral Cycles in MPs' Salaries: Evidence from the German States

Björn Kauder, Manuela Krause and Niklas Potrafke

6027: Convergence and Overtaking in a Dynamic Two Country Model

Partha Sen and Koji Shimomura

6026: Where is the Value Added? Trade Liberalization and Production Networks

Rahel Aichele and Inga Heiland