CESifo Working Paper Series

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5693: Let the Voters Choose Women

Audinga Baltrunaite, Alessandra Casarico, Paola Profeta and Giulia Savio

5692: Upward Pricing Pressure of Mergers Weakening Vertical Relationships

Gregor Langus and Vilen Lipatov

5691: The Decline in the Nutritional Status of the U.S. Antebellum Population at the Onset of Modern Economic Growth

Brian A'Hearn and John Komlos

5690: France’s Almost Public Private Schools

Giuseppe Bertola

5689: Social Security Transfers and the Marginal Cost of Public Funds

Geir Bjertnaes

5688: Tax Competition with Heterogeneous Capital Mobility

Steeve Mongrain and John D. Wilson

5687: Probable Oil and Gas Reserves and Shareholder Returns: The Impact of Shale Gas

Bård Misund and Petter Osmundsen

5686: Looking into the Black Box of Boosting: The Case of Germany

Robert Lehmann and Klaus Wohlrabe

5685: Bargaining under Time Pressure

Emin Karagözoğlu and Martin Kocher

5684: A Note on Partial Merchant Internalization and MIT Threshold

Vilen Lipatov

5683: Compliance Costs, Corruption and the Differentiation of Bureaucratic Services

André Seidel

5682: Transparency in Parliamentary Voting

Christine Benesch, Monika Bütler and Katharina E. Hofer

5681: Political Capitalism: The Interaction between Income Inequality, Economic Freedom and Democracy

Tim Krieger and Daniel Meierrieks

5680: Immigration, Attitudes and the Rise of the Political Right: The Role of Cultural and Economic Concerns over Immigration

Lewis S. Davis and Sumit Deole

5679: Modeling the Effects of Grade Retention in High School

Stijn Baert, Bart Cockx and Matteo Picchio

5678: Productivity and Organization in Portuguese Firms

Lorenzo Caliendo, Giordano Mion, Luca David Opromolla and Esteban Rossi-Hansberg

5677: Greece's Three-Act Tragedy: A Simple Model of Grexit vs. Staying Afloat inside the Single Currency Area

Yu-Fu Chen and Michael Funke

5676: The Political Economy of Municipal Amalgamation - Evidence of Common Pool Effects and Local Public Debt

Benedikt Fritz and Lars Feld

5675: Spatial and Social Mobility

Rainald Borck and Matthias Wrede

5674: Cost- and Price Dynamics of Solar PV Modules

Stefan J. Reichelstein and Anshuman Sahoo

5673: The International Monetary Fund: 70 Years of Reinvention

Carmen Reinhart and Christoph Trebesch

5672: Private versus Social Incentives for Pharmaceutical Innovation

Paula González, Ines Macho-Stadler and David Perez-Castrillo

5671: International Trade in General Oligopolistic Equilibrium

J. Peter Neary

5670: The Rule of Law: Measurement and Deep Roots

Jerg Gutmann and Stefan Voigt

5669: Financial Markets, Banks' Cost of Funding, and Firms' Decisions: Lessons from Two Crises

Pierluigi Balduzzi, Emanuele Brancati and Fabio Schiantarelli

5668: China's Gains from WTO Accession: Imports versus Exports

Ting-Wei Lai, Raymond Riezman and Ping Wang

5667: Old Before their Time: The Role of Employers in Retirement Decisions

Piera Bello and Vincenzo Galasso

5666: "Buy-It-Now" or "Sell-It-Now" Auctions: Effects of Changing Bargaining Power in Sequential Trading Mechanisms

Tim Grebe, Radosveta Ivanova-Stenzel and Sabine Kröger

5665: Natural Disasters, Government Spending, and the Fiscal Multiplier

Jan Fidrmuc, Sugata Ghosh and Weonho Yang

5664: The Selection Effect and the Inflation-Output Variability Trade-off

Engin Kara

5663: Regulation in Swiss Cantons: Data for one Century

Simon Luechinger and Mark Schelker

5662: Economic Gains for U.S. States from Educational Reform

Eric Hanushek, Jens Ruhose and Ludger Woessmann

5661: The Effect of Regulatory Harmonization on Cross-border Labor Migration: Evidence from the Accounting Profession

Matthew J. Bloomfield, Ulf Brüggemann, Hans B. Christensen and Christian Leuz

5660: How Should Pensions be Taxed? Theoretical Considerations and the Scandinavian Experience

Torben M. Andersen

5659: National Happiness and Genetic Distance: A Cautious Exploration

Eugenio Proto and Andrew Oswald

5658: The Commitment Value of Prefunded Pensions

Jean-Denis Garon

5657: Tax Revenue Elasticities Corrected for Policy Changes in the EU

Gilles Mourre and Savina Princen

5656: Contributive Pensions and Imperfect Tax Compliance: A Political Economy Model

Marie-Louise Leroux, Darío Maldonado and Pierre Pestieau

5655: Families and Social Security

Hans Fehr, Manuel Kallweit and Fabian Kindermann

5654: Firm Types, Price-Setting Strategies, and Consumption-Tax Incidence

Jarkko Harju, Tuomas Kosonen and Oskar Skans

5653: The Optimal Defense of Network Connectivity

Dan Kovenock and Brian Roberson

5652: Institutional Transplant and Cultural Proximity: Evidence from Nineteenth-Century Prussia

Giampaolo Lecce and Laura Ogliari

5651: Does Competition Justify Inequality?

Björn Bartling, Manuel Grieder and Christian Zehnder

5650: Global Engagement and Returns Volatility

Sourafel Girma, Sandra Lancheros and Alejandro Riaño

5649: Tax Losses due to Shadow Economy Activities in OECD Countries from 2011 to 2013: A Preliminary Calculation

Friedrich Schneider

5648: Paid to Quit

Robert Dur and Heiner Schmittdiel

5647: Democracy and Growth: Evidence of a New Measurement

Klaus Gründler and Tommy Krieger

5646: Diminishing Health, Rising Health Care Costs and Long-run Growth in Local Government Spending

Mark Skidmore and William Dyar

5645: Progressive Tax Changes to Superannuation in a Lifecycle Framework

George Kudrna and Alan Woodland

5644: Facing Demographic Challenges: Pension Cuts or Tax Hikes

George Kudrna, Chung Tran and Alan Woodland

5643: Endogenous Capital- and Labor-Augmenting Technical Change in the Neoclassical Growth Model

Andreas Irmen and Amer Tabakovic

5642: The Rotten Kid Theorem and Almost Transferable Utility

Elisabeth Gugl and Justin Leroux

5641: Providing Advice to Job Seekers at Low Cost: An Experimental Study on On-Line Advice

Michèle Belot, Philipp Kircher and Paul Muller

5640: Longevity Risk and Taxation of Public Pensions

Jukka Lassila and Tarmo Valkonen

5639: Strategic Housing Policy, Migration and Sorting around Population Thresholds

Kristof De Witte and Benny Geys

5638: The Great Divergence: A Network Approach

Ines Lindner and Holger Strulik

5637: Intermediate Goods Trade, Technology Choice and Productivity

Shin-Kun Peng, Raymond Riezman and Ping Wang

5636: Taxing Pensions and Retirement Benefits in Germany

Axel Börsch-Supan and Christopher Quinn

5635: Optimal Commodity Taxation with Varying Quality of Goods

Spencer Bastani, Sören Blomquist and Luca Micheletto

5634: Trade and the Spatial Distribution of Transport Infrastructure

Gabriel Felbermayr, Alexander Tarasov and Gabriel J. Felbermayr

5633: Carbon Pricing in the EU: Evaluation of Different EU ETS Reform Options

Corjan Brink, Herman R.J. Vollebergh and Edwin van der Werf

5632: What is a Financial Crisis? Efficiently Measuring Real-Time Perceptions of Financial Market Stress with an Application to Financial Crisis Budget Cycles

Christopher Gandrud and Mark Hallerberg

5631: Bubbles in Hybrid Markets - How Expectations about Algorithmic Trading Affect Human Trading

Mike Farjam and Oliver Kirchkamp

5630: The EMBI in Latin America: Fractional Integration, Non-Linearities and Breaks

Guglielmo Maria Caporale, Hector Carcel and Luis Gil-Alana

5629: The Weight of Inequality: Variation with Industrialization and Wealth

Scott A. Carson

5628: Is Switzerland an Interest Rate Island after all? Time Series and Non-Linear Switching Regime Evidence

Lars Feld and Ekkehard Köhler

5627: International Tax Competition and the Deficit Bias

Calin Arcaelan

5626: Effects of Bracket Creep and Tax Reform on Average Personal Income Tax Burden in Germany

Chang Woon Nam and Christoph Zeiner

5625: Stabilisation and Rebalancing with Fiscal or Monetary Devaluation: A Model-Based Comparison

Lukas Vogel

5624: Foreign Currency Denominated Assets and International Shock Absorption in Switzerland and Japan

Gunther Schnabl

5623: Information Frictions and Adverse Selection: Policy Interventions in Health Insurance Markets

Benjamin R. Handel, Jonathan T. Kolstad and Johannes Spinnewijn

5622: The Dynamics of Comparative Advantage

Gordon Hanson, Nelson Lind and Marc-Andreas Muendler

5621: Aging, Social Security Design, and Capital Accumulation

Antoine Dedry, Harun Onder and Pierre Pestieau

5620: Immigrants and Gender Roles: Assimilation vs. Culture

Francine Blau

5619: Elite Education, Mass Education, and the Transition to Modern Growth

Holger Strulik and Katharina Werner

5618: Going Green: Framing Effects in a Dynamic Coordination Game

Reyer Gerlagh and Eline van der Heijden

5617: The Elasticity of Voter Turnout: Investing 85 Cents per Voter to Increase Voter Turnout by 4 Percent

Mark Schelker and Marco Schneiter

5616: Integrating India with Asian Production Networks: Prospects and Challenges

Biswajit Nag, Biswanath Bhattacharyay and Debdeep De

5615: International Portfolio Flows and Exchange Rate Volatility for Emerging Markets

Guglielmo Maria Caporale, Faek Menla Ali, Fabio Spagnolo and Nicola Spagnolo

5614: Domestic Value Added in Exports: Theory and Firm Evidence from China

Hiau Looi Kee and Heiwai Tang

5613: Laboratory Measure of Cheating Predicts School Misconduct

Alain Cohn and Michel Maréchal

5612: Why Firms Should Care for all Consumers

Lisa Planer-Friedrich and Marco Sahm

5611: Bitterness in Life and Attitudes Towards Immigration

Panu Poutvaara and Max Steinhardt

5610: Investment Effects of Wealth Taxes under Uncertainty and Irreversibility

Rainer Niemann and Caren Sureth-Sloane

5609: Immobilizing Corporate Income Shifting: Should it be Safe to Strip in the Harbour?

Thomas Gresik, Dirk Schindler and Guttorm Schjelderup

5608: Climate Change and Long-Run Discount Rates: Evidence from Real Estate

Stefano Giglio, Matteo Maggiori, Johannes Ströbel and Andreas Weber

5607: House Prices, Local Demand, and Retail Prices

Johannes Ströbel and Joseph Vavra

5606: Dividend Taxes and Decisions of MNEs: Evidence from a Finnish Tax Reform

Jarkko Harju and Seppo Kari

5605: Sovereign Debt Restructurings: Preemptive or Post-Default

Tamon Asonuma and Christoph Trebesch

5604: Optimal Social Insurance and Health Inequality

Volker Grossmann and Holger Strulik

5603: Taxing Mobile Capital and Profits: The Nordic Welfare States

Guttorm Schjelderup

5602: Private Enforcement, Corruption, and Antitrust Design

Peter Grajzl and Andrzej Baniak

5601: High and Low Activity Spells in Housing Markets

Eric Smith

5600: The Consumption Effects of the 2007-2008 Financial Crisis: Evidence from Household-level Data

Thais Lærkholm Jensen and Niels Johannesen

5599: Reforming an Institutional Culture of Corruption: A Model of Motivated Agents and Collective Reputation

Justin Mattias Valasek

5598: Long-term Growth Effects of Natural Disasters - Empirical Evidence for Droughts

Michael Berlemann and Daniela Wenzel

5597: Betting on Exports: Trade and Endogenous Heterogeneity

Alessandra Bonfiglioli, Rosario Crino and Gino Gancia

5596: Defining the Abatement Cost in Presence of Learning-by-doing: Application to the Fuel Cell Electric Vehicle

Anna Creti, Alena Kotelnikova, Guy Meunier and Jean-Pierre Ponssard

5595: Quality and the Great Trade Collapse

Natalie Chen and Luciana Juvenal

5594: Neighborhood Racial Characteristics, Credit History, and Bankcard Credit in Indian Country

Valentina Dimitrova-Grajzl, Peter Grajzl, A. Joseph Guse, Richard M. Todd and Michael Williams