CESifo Working Paper Series

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5493: From Local to Global: External Validity in a Fertility Natural Experiment

Rajeev Dehejia, Cristian Pop-Eleches and Cyrus Samii

5492: Recent Trends in Co-Authorship in Economics: Evidence from RePEc

Katharina Rath and Klaus Wohlrabe

5491: Language Rights - A Welfare-Economics Approach

Bengt-Arne Wickström

5490: Net Foreign Asset Positions and Appreciation Expectations on the Swiss Franc and the Japanese Yen

Sophia Latsos and Gunther Schnabl

5489: Leveraged Bubbles

Oscar Jorda, Moritz Schularick and Alan Taylor

5488: Heterogeneous Economic Integration Agreement Effects

Scott Baier, Jeffrey Bergstrand and Matthew Clance

5487: Pareto Improving Climate Policies: Distributing the Benefits across Generations and Regions

Michael Hoel, Sverre Kittelsen and Snorre Kverndokk

5486: The Nature of Conflict

Cemal Eren Arbatli, Quamrul Ashraf and Oded Galor

5485: The Complementary between Technology and Human Capital in the Early Phase of Industrialization

Raphael Franck and Oded Galor

5484: Why is Measured Productivity so Low in Agriculture?

Berthold Herrendorf and Todd Schoellman

5483: Collective versus Decentralized Wage Bargaining and the Efficient Allocation of Resources

Xiaoming Cai, Pieter Gautier and Makoto Watanabe

5482: Carbon Tax Burdens on Low-Income Households: A Reason for Delaying Climate Policy?

Ian Parry

5481: Trade, Factor Mobility and the Extent of Economic Integration: Theory and Evidence

Irena Mikolajun and Jean-Marie Viaene

5480: Why Academic Quality in Higher Education Declines

Volker Meier and Ioana Schiopu

5479: The Taxation of Superstars

Florian Scheuer and Iván Werning

5478: Fuel Efficiency Improvements - Feedback Mechanisms and Distributional Effects in the Oil Market

Finn Roar Aune, Ann Christin Bøeng, Snorre Kverndokk, Lars Lindholt and Knut Einar Rosendahl

5477: The Employment Effect of Reforming a Public Employment Agency

Andrey Launov and Klaus Wälde

5476: Estimating Equilibrium Effects of Job Search Assistance

Pieter Gautier, Paul Muller, Bas van der Klaauw, Michael Rosholm and Michael Svarer

5475: On the Allocation of Time - A Quantitative Analysis of the U.S. and France

Georg Duernecker and Berthold Herrendorf

5474: Efficiency and Labor Market Dynamics in a Model of Labor Selection

Sanjay Chugh and Christian Merkl

5473: Is Optimal Monetary Policy Always Optimal?

Troy Davig and Refet Gürkaynak

5472: Input Trade Liberalisation and Wage-inequality with Non-traded Goods

Soumyatanu Mukherjee

5471: On the Cyclicity of Regional House Prices: New Evidence for U.S. Metropolitan Statistical Areas

Michael Flor and Torben Klarl

5470: Africa's Skill Tragedy: Does Teachers' Lack of Knowledge Lead to Low Student Performance?

Jan Bietenbeck, Marc Piopiunik and Simon Wiederhold

5469: Price Regulation and Parallel Imports of Pharmaceuticals

Kurt Brekke, Tor Helge Holmås and Odd Rune Straume

5468: Measuring Uncertainty of a Combined Forecast and Some Tests for Forecaster Heterogeneity

Kajal Lahiri, Huaming Peng and Xuguang Simon Sheng

5467: Net Neutrality and Internet Fragmentation: The Role of Online Advertising

Anna D'Annunzio and Antonio Russo

5466: Exploring the Dark Side of Tax Policy: An Analysis of the Interactions between Fiscal Illusion and the Shadow Economy

Andreas Buehn, Roberto Dell'Anno and Friedrich Schneider

5465: A Model of Rush-Hour Traffic in an Isotropic Downtown Area

Richard Arnott, Anatolii Kokoza and Mehdi Naji

5464: Closed-Form Integrated Assessment and Uncertainty

Christian Traeger

5463: The Cost of Well-being

Anna Pettini, Vincenzo Patrizii and Giuliano Resce

5462: Relational Incentive Contracts with Persistent Private Information

James Malcomson

5461: The Limits of Lending: Banks and Technology Adoption across Russia

Çağatay Bircan and Ralph De Haas

5460: Atlantic versus Pacific Agreement in Agri-food Sectors: Does the Winner Take it All?

Anne-Célia Disdier, Charlotte Emlinger and Jean Fouré

5459: Mitigating Carbon Leakage: Combining Output-Based Rebating with a Consumption Tax

Christoph Böhringer, Knut Einar Rosendahl and Halvor Briseid Storrøsten

5458: What if Firms Could Borrow More? Evidence from a Natural Experiment

James Brown, Gustav Martinsson and Christian Thomann

5457: Achieving Sustainable Energy Security: 2030 Outlook for ASEAN, People Republic of China and India

Ying Fan and Biswanath Bhattacharyay

5456: Wider Boundaries: The Welfare State and International Remittances

J. Atsu Amegashie and Michael Batu

5455: Exports and Capacity Constraints: Evidence for Several Euro Area Countries

Ansgar Belke, Anne Oeking and Ralph Setzer

5454: Weak Markets, Strong Teachers: Recession at Career Start and Teacher Effectiveness

Markus Nagler, Marc Piopiunik and Martin R. West

5453: Genetic Distance and International Migrant Selection

Tim Krieger, Laura Renner and Jens Ruhose

5452: Optimal Organization of Financial Intermediaries

Spiros Bougheas and Tianxi Wang

5451: The Modality of Fiscal Consolidation and Current Account Adjustment

Antonis Adam and Thomas Moutos

5450: Introducing an IP Licence Box in Switzerland: Quantifying the Effects

Florian Chatagny, Marko Köthenbürger and Michael Stimmelmayr

5449: The Impact of Thin Capitalization Rules on the Location of Multinational Firms' Foreign Affiliates

Valeria Merlo, Nadine Riedel and Georg Wamser

5448: Should We Give Up After Solyndra? Optimal Technology R&D Portfolios under Uncertainty

Mort D. Webster, Karen Fisher-Vanden, David Popp and Nidhi R. Santen

5447: How Trust in Social Dilemmas Evolves with Age

Martin Kocher

5446: Growth and Trade with Frictions: A Structural Estimation Framework

James Anderson, Mario Larch and Yoto Yotov

5445: Dynamic Spatial Panel Models: Networks, Common Shocks, and Sequential Exogeneity

Guido Kuersteiner and Ingmar Prucha

5444: Conditional Cooperation and Betrayal Aversion

Robin Cubitt, Simon Gaechter and Simone Quercia

5443: Selling to the Mean

Nenad Kos and Matthias Messner

5442: Using Scientific Publications to Evaluate Government R&D Spending: The Case of Energy

David Popp

5441: The Standard Portfolio Choice Problem in Germany

Steffen Huck, Tobias Schmidt and Georg Weizsäcker

5440: Let Bygones be Bygones? Socialist Regimes and Personalities in Germany

Tim Friehe, Markus Pannenberg and Michael Wedow

5439: Aid on Demand: African Leaders and the Geography of China's Foreign Assistance

Axel Dreher, Andreas Fuchs, Roland Hodler, Bradley C. Parks, Paul Raschky and Michael J. Tierney

5438: Railways and the Productivity Gap in Italy: Persistence and Divergence after Unification

Nicola Pontarollo and Roberto Ricciuti

5437: Happiness and Religion

Jan Fidrmuc and Cigdem Tunali

5436: On the Implications of Introducing Cross-Border Loss-Offset in the European Union

Zarko Kalamov and Marco Runkel

5435: Designing Efficient College and Tax Policies

Sebastian Findeisen and Dominik Sachs

5434: Is there a Debt-Threshold Effect on Output Growth?

Alexander Chudik, Kamiar Mohaddes, Mohammad Pesaran and Mehdi Raissi

5433: The Importance of Geographic Access for the Impact of Microfinance

Nargiza Alimukhamedova, Randall Filer and Jan Hanousek

5432: Biological Well-Being in Late 19th Century Philippines

Jean-Pascal Bassino, Marion Dovis and John Komlos

5431: The Evaluation of Pension Reforms in the Public Sector: A Case Study of the Paris Subway Drivers

Touria Jaaidane and Robert Gary-Bobo

5430: Unemployment Insurance in Unionized Labor Markets: Neither Ghent nor Centralized

David Saha and Ronnie Schöb

5429: Risk, Intermediate Input Prices and Missing Deflation During the Great Recession

Engin Kara and Ahmed Pirzada

5428: Quasi Maximum Likelihood Estimation of Spatial Models with Heterogeneous Coefficients

Michele Aquaro, Natalia Bailey and Mohammad Pesaran

5427: Informal Care and the Great Recession

Joan Costa-i-Font, Martin Karlsson and Henning Øien

5426: Quality vs. Quantity in Information Transmission: Theory and Experimental Evidence

Jonathan Lafky and Alistair Wilson

5425: Dismissal Disputes and Endogenous Sorting

Pietro Garibaldi and Gerard Pfann

5424: SMEs and Access to Bank Credit: Evidence on the Regional Propagation of the Financial Crisis in the UK

Hans Degryse, Kent Matthews and Tianshu Zhao

5423: Social Capital and Crises with an Application to Iceland

Thorvaldur Gylfason

5422: Sovereign Debt Relief and its Aftermath

Carmen Reinhart and Christoph Trebesch

5421: Inflation, Endogenous Market Segmentation and the Term Structure of Interest Rates

Casper De Vries, Xuedong Wang and de Vries Casper G

5420: The Ambiguity Triangle: Uncovering Fundamental Patterns of Behavior Under Uncertainty

Daniel Burghart, Thomas Epper and Ernst Fehr

5419: Weapons of Choice

Axel Dreher and Merle Kreibaum

5418: Push-Me Pull-You: Comparative Advertising in the OTC Analgesics Industry

Simon Anderson, Federico Ciliberto, Jura Liaukonyte and Régis Renault

5417: Agricultural Trade, Biodiversity Effects and Food Price Volatility

Cecilia Bellora and Jean-Marc Bourgeon

5416: Patent Boxes Design, Patents Location and Local R&D

Annette Alstadsæter, Salvador Barrios, Gaëtan J.A. Nicodème, Agnieszka Skonieczna, Antonio Vezzani and Gaëtan J.A. Nicodeme

5415: Voter Confirmation Bias and Electoral Accountability

Ben Lockwood

5414: At Your Service! The Role of Tax Havens in International Trade with Services

Shafik Hebous and Niels Johannesen

5413: Dynamic Incentives and Markov Perfection: Putting the 'Conditional' in Conditional Cooperation

Emanuel Vespa and Alistair Wilson

5412: European Identity and Redistributive Preferences

Joan Costa-i-Font and Frank Cowell

5411: Human Capital Quality and Aggregate Income Differences: Development Accounting for U.S. States

Eric Hanushek, Jens Ruhose and Ludger Woessmann

5410: To Pool or not to Pool: Revisited

Mohammad Pesaran and Qiankun Zhou

5409: This Mine is Mine! How Minerals Fuel Conflicts in Africa

Nicolas Berman, Mathieu Couttenier, Dominic Rohner and Mathias Thoenig

5408: Going Offshore: Investments in German Wind Energy under Uncertainty

Yu-Fu Chen and Michael Funke

5407: The Relationship between Healthcare Expenditure and Disposable Personal Income in the US States: A Fractional Integration and Cointegration Analysis

Guglielmo Maria Caporale, Juncal Cunado, Luis Gil-Alana and Rangan Gupta

5406: Horizontal Mergers and Product Quality

Kurt Brekke, Luigi Siciliani and Odd Rune Straume

5405: Product versus Process: Innovation Strategies of Multi-Product Firms

Lisandra Flach and Michael Irlacher

5404: The Information Value of Central School Exams

Guido Schwerdt and Ludger Woessmann

5403: Phasing out Nuclear Power in Europe

Finn Roar Aune, Rolf Golombek and Hilde Hallre

5402: Forging a Global Environmental Agreement through Trade Sanctions on Free Riders?

Thomas Eichner and Rüdiger Pethig

5401: The Organization of Knowledge in Multinational Firms

Anna Gumpert

5400: Redistribution and Insurance with Simple Tax Instruments

Sebastian Findeisen and Dominik Sachs

5399: The Value of NATO Option for a New Member

Vesa Kanniainen and Staffan Ringbom

5398: Market Competition or Family Ties: Which Prevails on Italian CEOs Pay?

Clara Graziano and Laura Rondi

5397: Parental Leave Benefit and Differential Fertility Responses: Evidence from a German Reform

Kamila Cygan-Rehm

5396: The Subjective Well-Being of Workfare Participants: Insights from a Day Reconstruction Survey

Andreas Knabe, Ronnie Schöb and Joachim Weimann

5395: What Drives the Reversal of the Gender Education Gap? Evidence from Germany

Regina Riphahn and Caroline Schwientek

5394: EU ETS, Free Allocations and Activity Level Thresholds - The Devil Lies in the Detail

Frederic Branger, Jean-Pierre Ponssard, Oliver Sartor and Misato Sato