CESifo Working Paper Series

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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

5393: Ideology and Dissent among Economists: The Joint Economic Forecast of German Economic Research Institutes

Ha Quyen Ngo, Niklas Potrafke, Marina Riem and Christoph Schinke

5392: Immigration and Economic Growth in the OECD Countries 1986-2006

Ekrame Boubtane, Jean-Christophe Dumont and Christophe Rault

5391: Parent-Child Information Frictions and Human Capital Investment: Evidence from a Field Experiment

Peter Bergman

5390: Fiscal Rules, Financial Stability and Optimal Currency Areas

Paul De Grauwe and Pasquale Foresti

5389: The Sovereign Default Problem in the Eurozone: An Insurance-Based Approach

Nadjeschda Arnold and Ray Rees

5388: Ancestry, Language and Culture

Enrico Spolaore and Romain Wacziarg

5387: Liberalizing Russian Gas Markets - An Economic Analysis

Finn Roar Aune, Rolf Golombek, Hilde Hallre, Arild Moe and Knut Einar Rosendahl

5386: Double Diversification with an Application to Iceland

Thorvaldur Gylfason and Per Magnus Wijkman

5385: The Green Paradox: A Supply-side View of the Climate Problem

Hans-Werner Sinn

5384: The Political Choice of Social Long Term Care Transfers when Family Gives Time and Money

Philippe De Donder and Marie-Louise Leroux

5383: The Effects of Making Performance Information Public: Evidence from Los Angeles Teachers and a Regression Discontinuity Design

Peter Bergman and Matthew J. Hill

5382: On the Political Economy of University Admission Standards

Philippe De Donder and Francisco Martínez-Mora

5381: Leaving Home with a Partner

Samuel Bentolila, Ildefonso Mendez and Francisco Maeso

5380: The European Union Emissions Trading System and the Market Stability Reserve: Optimal Dynamic Supply Adjustment

Sascha Kollenberg and Luca Taschini

5379: Central Bank Balance Sheets: Expansion and Reduction since 1900

Niall Ferguson, Andreas Schaab and Moritz Schularick

5378: Income Redistribution in Open Economies

Áron Tóbiás

5377: Is there a Nonlinear Relationship between Economic Growth and Inequality? Theory and Lessons from ASEAN, People Republic of China and India

Partha Gangopadhyay and Biswanath Bhattacharyay

5376: Direct Democracy: Chances and Challenges

Gebhard Kirchgässner

5375: Forward Guidance Contracts

Hans Gersbach, Volker Hahn and Yulin Liu

5374: Did Globalization Influence Credit Market Deregulation

Peter Eppinger and Niklas Potrafke

5373: The Persistent Effects of Place-Based Policy: Evidence from the West-German Zonenrandgebiet

Maximilian von Ehrlich and Tobias Seidel

5372: The Effect of Incentives on Real Effort: Evidence from the Slider Task

Felipe Augusto de Araujo, Erin Carbone, Lynn Conell-Price, Marli Dunietz, Ania Jaroszewicz, Rachel Landsman, Diego Lamé, Lise Vesterlund, Stephanie Wang and Alistair Wilson

5371: VAT Notches

Li Liu and Ben Lockwood

5370: Dynastic Entrepreneurship, Entry, and Non-Compete Enforcement

James Rauch

5369: The Elasticity of Taxable Income in the Presence of Deduction Possibilities

Philipp Doerrenberg, Andreas Peichl and Sebastian Siegloch

5368: Ordoliberalism, Pragmatism and the Eurozone Crisis: How the German Tradition Shaped Economic Policy in Europe

Lars Feld, Ekkehard Köhler and Daniel Nientiedt

5367: Country-Specific Oil Supply Shocks and the Global Economy: A Counterfactual Analysis

Kamiar Mohaddes and Mohammad Pesaran

5366: Import Competition and the Great U.S. Employment Sag of the 2000s

Daron Acemoglu, David Autor, David Dorn, Gordon Hanson and Brendan Price

5365: Spurious Weather Effects

Jo Lind

5364: Longevity Shocks with Age-Dependent Productivity Growth

Ben Heijdra and Laurie S. M. Reijnders

5363: Bad Boys: How Criminal Identity Salience Affects Rule Violation

Alain Cohn, Michel Maréchal and Thomas Noll

5362: A New Measure of Economic Distance

Eric Fisher, John Gilbert, Kathryn G. Marshall and Reza Oladi

5361: Fiscal and Regulatory Instruments for Clean Technology Development in the European Union

Antoine Dechezleprêtre and David Popp

5360: Evaluating the Effects of ACE Systems on Multinational Debt Financing and Investment

Shafik Hebous and Martin Ruf

5359: Revealed Incomplete Preferences under Uncertainty

Elena Cettolin and Arno Riedl

5358: The Impact of Entrepreneurial Risk Aversion on Wages in General Equilibrium

Ying Feng and James Rauch

5357: Treasury Auctions and Secondary Market Dynamics. An Analysis Based on the MTS Market for Italy

Gianluca Cafiso

5356: Constraints on Matching Markets Based on Moral Concerns

Katharina Huesmann and Achim Wambach

5355: Learning about Job Search: A Field Experiment with Job Seekers in Germany

Steffen Altmann, Armin Falk, Simon Jäger and Florian Zimmermann

5354: Is Industrialization Conducive to Long-Run Prosperity?

Raphael Franck and Oded Galor

5353: How Has the Global Financial Crisis Affected Syndicated Loan Terms in Emerging Markets? Evidence from China

Guglielmo Maria Caporale, Suman Lodh and Monomita Nandy

5352: Education: Optimal Choice and Efficient Policy

Wolfram Richter and Kerstin Schneider

5351: Vertical Transmission of Overweight: Evidence from English Adoptees

Joan Costa-i-Font, Mireia Jofre-Bonet and Julian Le Grand

5350: Interest Deductions in a Multijurisdictional World

Mihir A. Desai and Dhammika Dharmapala

5349: Voluntary Disclosure of Evaded Taxes - Increasing Revenues, or Increasing Incentives to Evade?

Dominika Langenmayr

5348: The Dynamics of Dictator Behavior

Markus Sass, Florian Timme and Joachim Weimann

5347: Did US Consumers 'Save for a Rainy Day' Before the Great Recession?

Andre Anundsen and Ragnar Nymoen

5346: Experimentation in Two-Sided Markets

Martin Peitz, Sven Rady and Piers Trepper

5345: Combining "Real Effort" with Induced Effort Costs: The Ball-Catching Task

Simon Gaechter, Lingbo Huang and Martin Sefton

5344: Do Natural Disasters Stimulate Individual Saving? Evidence from a Natural Experiment in a Highly Developed Country

Michael Berlemann, Max Steinhardt and Jascha Tutt

5343: Collusion, Blackmail and Whistle-Blowing

Leonardo Felli and Rafael Hortala-Vallve

5342: Payment Evasion

Stefan Buehler, Daniel Halbheer and Michael Lechner

5341: Recent Estimates of Exchange Rate Pass-Through to Import Prices in the Euro Area

Nidhaleddine Ben Cheikh and Christophe Rault

5340: Pricing the Transfer of Intellectual Property as a Problem of Second-Best Tax Policy

Wolfram Richter and Markus Breuer

5339: Heterogeneity of the Carnegie Effect

Erlend Bø, Elin Halvorsen and Thor Thoresen

5338: A History of Violence: Field Evidence on Trauma, Discounting and Present Bias

Alex Imas, Michael Kuhn and Vera Mironova

5337: The Growth in Military Expenditure in Germany 1951-2011: Did Parties Matter?

Björn Kauder and Niklas Potrafke

5336: Nowcasting Regional GDP: The Case of the Free State of Saxony

Steffen Henzel, Robert Lehmann and Klaus Wohlrabe

5335: The Pan-European Population Distribution Across Consistently Defined Functional Urban Areas

Kurt Schmidheiny and Jens Suedekum

5334: Conservation Contracts and Political Regimes

Bard Harstad and Torben Mideksa

5333: Gold, Oil, and Stocks: Dynamic Correlations

Jozef Baruník, Evžen Kocenda, Lukas Vacha and Evžen Kočenda

5332: Holes in the Dike: The Global Savings Glut, U.S. House Prices and the Long Shadow of Banking Deregulation

Mathias Hoffmann and Iryna Stewen

5331: The Location of Cross-Border Mergers & Acquisitions in the USA

Steven Brakman, Harry Garretsen, Charles van Marrewijk and Charles van Marrewijk

5330: Radio and the Rise of the Nazis in Prewar Germany

Maja Adena, Ruben Enikolopov, Maria Petrova, Veronica Santarosa and Ekaterina Zhuravskaya

5329: The Dynamics of Capital Accumulation in the US: Simulations after Piketty

Philippe De Donder and John Roemer

5328: Monetary Policy and the Relative Price of Durable Goods

Alessandro Cantelmo and Giovanni Melina

5327: Informational Requirements of Nudging

Jean-Michel Benkert and Nick Netzer

5326: Regional Equilibrium Unemployment Theory at the Age of the Internet

Vanessa Lutgen and Bruno Van der Linden

5325: Management of the External Value of the Renminbi

Heikki Oksanen

5324: Parking and Urban Form

Jan Brueckner and Sofia F. Franco

5323: Green Skills

Francesco Vona, Giovanni Marin, Davide Consoli and David Popp

5322: Regional Inequality, Convergence, and its Determinants - A View from Outer Space

Christian Lessmann and André Seidel

5321: A Closer Look at Revealed Comparative Advantage: Gross-versus Value Added Trade Flows

Steven Brakman, Charles van Marrewijk and Charles van Marrewijk

5320: Individual Heterogeneity, Nonlinear Budget Sets, and Taxable Income

Sören Blomquist, Anil Kumar, Che-Yuan Liang and Whitney Newey