CESifo Working Paper Series

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4957: The Sources of the Gender Gap in Economics Enrolment

Mirco Tonin and Jackline Wahba

4956: Towards Behavioral Political Economy of Institutional Change: With Field Facts from China

Yongjing Zhang and Mei Wang

4955: Spill-over Effects of Affirmative Action: Political Representation and the Power of the Elderly

Audinga Baltrunaite, Alessandra Casarico and Paola Profeta

4954: Self-Enforcing International Environmental Agreements and Trade: Taxes Versus Caps

Thomas Eichner and Rüdiger Pethig

4953: The Impact of Basel III on Trade Finance: The Potential Unintended Consequences of the Leverage Ratio

Marc Auboin and Isabella Blengini

4952: An Independent Scotland’s Currency Options Redux: Assessing the Costs and Benefits of Currency Choice

Ronald MacDonald

4951: Taxes in Cities

Marius Brülhart, Sam Bucovetsky and Kurt Schmidheiny

4950: The Downside Risk of Elevation

Kerstin Bruckmeier, Georg-Benedikt Fischer and Berthold Wigger

4949: The Design of Ambiguous Mechanisms

Alfredo Di Tillio, Nenad Kos and Matthias Messner

4948: Handing Out Guns at a Knife Fight: Behavioral Limitations of Subgame-Perfect Implementation

Ernst Fehr, Michael Powell and Tom Wilkening

4947: Households, Markets and Public Choice

Hans Gersbach and Hans Haller

4946: Hypnosis Before Wake-up Call?! The Revival of Sovereign Credit Risk Perception in the EMU-Crisis

Ingo G. Bordon, Kai D. Schmid and Michael Schmidt

4945: Altruistic Punishment in Elections

Jason Aimone, Luigi Butera and Thomas Stratmann

4943: Lost in America: Evidence on Local Sales Taxes from National Panel Data

David Agrawal

4942: Access to Technology and the Transfer Function of Community Colleges: Evidence from a Field Experiment

Robert Fairlie and Samantha H. Grunberg

4941: Has Creative Destruction Become More Destructive?

John Komlos

4940: Shop Around and You Pay More

Ji Yan, Kun Tian, Huw Dixon, Saeed Heravi and Peter Morgan

4939: Welfare Benefits of Agglomeration and Worker Heterogeneity

C. N. Teulings, Ioulia Ossokina and Henri de Groot

4938: Optimal Wage Redistribution in the Presence of Adverse Selection in the Labor Market

Spencer Bastani, Tomer Blumkin and Luca Micheletto

4937: Optimal Redistributive Pensions and the Cost of Self-Control

Pier-André Bouchard St-Amant and Jean-Denis Garon

4936: Land, Men, Taxation - An Application to Pre-Modern China and Europe: Erik Jones' European Miracle Revisited

Charles Blankart

4935: Political Booms, Financial Crises

Helios Herrera, Guillermo Ordonez and Christoph Trebesch

4934: Firm Performance and Trade with Low-Income Countries: Evidence from China

Hans-Jörg Schmerer and Luhang Wang

4933: Optimal Conservatism and Collective Monetary Policymaking under Uncertainty

Carsten Hefeker and Blandine Zimmer

4932: Manufacturers Mergers and Product Variety in Vertically Related Markets

Chrysovalantou Milliou and Joel Sandonis

4931: Do Dividend Taxes Affect Corporate Investment?

Annette Alstadsæter, Martin Jacob and Roni Michaely

4930: Global Warming and a Potential Tipping Point in the Atlantic Thermohaline Circulation: The Role of Risk Aversion

Mariia Belaia, Michael Funke and Nicole Glanemann

4929: Panel Cointegration Tests on the Fiscal Sustainability of German Laender

Heiko Burret, Lars Feld, Kö and Ekkehard A. Hler

4928: Fiscal Sustainability of the German Laender - Time Series Evidence

Heiko Burret, Lars Feld, Kö and Ekkehard A. Hler

4927: International Migration of Couples

Martin Junge, Martin D. Munk and Panu Poutvaara

4926: Health Club Attendance, Expectations and Self-control

Jean-Denis Garin, Alix Masse and Pierre-Carl Michaud

4925: The Impact of Financial Education on Adolescents' Intertemporal Choices

Melanie Lührmann, Marta Serra-Garcia and Joachim Winter

4924: Gone for Good? Subsidies with Export Share Requirements in China: 2002-2013

Fabrice Defever and Alejandro Riaño

4923: Foreign Language Learning: An Econometric Analysis

Victor Ginsburgh, Jacques Melitz and Farid Toubal

4922: Three Family Policies to Reconcile Fertility and Labor Supply

Robert Fenge and Lisa Stadler

4921: Unobserved Tax Avoidance and the Tax Elasticity of FDI

Peter Egger, Valeria Merlo and Georg Wamser

4920: Moral Hazard and Bargaining over Incentive Contracts

Marcus Dittrich and Silvio Städter

4919: Labor Policies and Capital Mobility in Theory and in EMU

Giuseppe Bertola

4918: The Prince and the Pauper: Fairness through Thick and Thin Veils of Ignorance

Chee Kian Leong

4917: From Friends to Enemies? The Euro as a Cause of New Nationalism

Charles Blankart

4916: Volatility and Diversification of Exports: Firm-Level Theory and Evidence

Gonzague Vannoorenberghe, Zheng Wang and Zhihong Yu

4915: Politically Sustainable Probabilistic Minority Targeting

Philippe De Donder and Eugenio Peluso

4914: Measuring Ratchet Effects within a Firm: Evidence from a Field Experiment Varying Contractual Commitment

Charles Bellemare and Bruce Shearer

4913: Do Leaders Affect Ethical Conduct?

Giovanna d'Adda, Donja Darai and Roberto Weber

4912: Macro News and Stock Returns in the Euro Area: A VAR-GARCH-in-Means Analysis

Guglielmo Maria Caporale, Fabio Spagnolo and Nicola Spagnolo

4911: Rainy Day Politics - An Instrumental Variables Approach to the Effect of Parties on Political Outcomes

Jo Lind

4910: Crowding Out of Long-Term Care Insurance: Evidence from European Expectations Data

Joan Costa-i-Font and Christophe Courbage

4909: Stable and Sustainable Global Tax Coordination with Leviathan Governments

Thomas Eichner and Rüdiger Pethig

4908: Management Incentives under Formula Apportionment - Tax-Induced Distortions of Effort and Compensation in a Principal-Agent Setting -

Jan Thomas Martini, Rainer Niemann and Dirk Simons

4907: Effectiveness and Transmission of the ECB's Balance Sheet Policies

Jef Boeckx, Maarten Dossche and Gert Peersman

4906: How to Share it out: The Value of Information in Teams

Alex Gershkov, Jianpei Li and Paul Schweinzer

4905: The Elasticity of Taxable Income and Income-Shifting: What is "Real" and What is Not?

Jarkko Harju and Tuomas Matikka

4904: The Impact of Losing in a Competition on the Willingness to Seek Further Challenges

Thomas Buser

4903: EU-Accession Effects on Sectoral Trade: A Helpman-Melitz-Rubinstein Approach with Panel Data

Inmaculada Martínez-Zarzoso, Martina Vidovic and Anca M. Voicu

4902: Imperfect Financial Markets as a Commitment Device for the Government

Jenny Simon

4901: Are there Differences in the Effectiveness of Quantitative Easing at the Zero-Lower-Bound in Japan over Time?

Henrike Michaelis and Sebastian Watzka

4900: Outside Earnings, Absence, and Activity: Evidence from Germany Parliamentarians

Felix Arnold, Björn Kauder and Niklas Potrafke

4899: Nineteenth Century Black and Mulatto Physical Activity, Calories, and Life Expectancy

Scott A. Carson

4898: Cordon Tolling in a City with Congested Bridges

Jan Brueckner

4897: Pro Bono Work and Trust in Expert Fields

David Ong and Chun-Lei Yang

4896: Income Taxes, Sorting, and the Costs of Housing: Evidence from Municipal Boundaries in Switzerland

Christoph Basten, Maximilian von Ehrlich and Andrea Lassmann

4895: The Substitution Elasticity, Factor Shares, Long-Run Growth, and the Low-Frequency Panel Model

Bob Chirinko and Debdulal Mallick

4894: Inside Post-Socialist Courts: The Determinants of Adjudicatory Outcomes in Slovenian Commercial Disputes

Valentina Dimitrova-Grajzl, Peter Grajzl and Katarina Zajc

4893: Financing and Funding Health Care: Optimal Policy and Political Implementability

Robert Nuscheler and Kerstin Roeder

4892: A Negotiation-Based Model of Tax-Induced Transfer Pricing

Johannes Becker and Ronald Davies

4891: Multiple Pollutants, Uncovered Sectors, and Suboptimal Environmental Policies

Don Fullerton and Dan Karney

4890: Reciprocity Networks and the Participation Problem

Martin Dufwenberg and Amrish Patel

4889: Prices, Product Differentiation, and Heterogeneous Search Costs

Jose Moraga-Gonzalez, Zsolt Sándor and Matthijs Wildenbeest

4888: Does Corruption Erode Trust in Government? Evidence from a Recent Surge of Local Scandals in Spain

Albert Solé-Ollé and Pilar Sorribas-Navarro

4887: The Rise of Capitalism and the Roots of Anti-American Terrorism

Tim Krieger and Daniel Meierrieks

4886: Nineteenth Century White Physical Activity and Calories: Socioeconomic Status and Diets

Scott A. Carson

4885: Timing of Kindness - Evidence from a Field Experiment

Axel Ockenfels, Dirk Sliwka and Peter Werner

4884: The Democratic Window of Opportunity: Evidence from Riots in Sub-Saharan Africa

Toke Aidt and Gabriel Leon

4883: On Self-Interest and Greed

Gebhard Kirchgässner

4882: Trade Structure and Growth Effects of Taxation in a Two-Country World

Daisuke Amano, Jun-ichi Itaya and Kazuo Mino

4881: Oil Price Uncertainty and Sectoral Stock Returns in China: A Time-Varying Approach

Guglielmo Maria Caporale, Faek Menla Ali and Nicola Spagnolo

4880: The Green Paradox and Learning-by-Doing in the Renewable Energy Sector

Daniel Nachtigall and Dirk Rübbelke

4879: Relational Warm Glow and Giving in Social Groups

Kimberley Ann Scharf and Sarah Smith

4878: The Globalization Paradox Revisited

Gregor Schwerhoff and Ottmar Edenhofer

4877: When Arm's Length Is Too Far. Relationship Banking over the Business Cycle

Thorsten Beck, Hans Degryse, Ralph De Haas and Neeltje Van Horen

4876: Trade Costs and Job Flows: Evidence from Establishment-Level Data

José Groizard, Priya Ranjan and Antonio Rodriguez-Lopez

4875: Do Labor Market Institutions Influence Suicide Mortality? An International Panel Data Analysis

Christian Breuer and Horst Rottmann

4874: Nonlinear Pricing and Exclusion: II. Must-Stock Products

Philippe Choné and Laurent Linnemer

4873: Nonlinear Pricing and Exclusion: I. Buyer Opportunism

Philippe Choné and Laurent Linnemer

4872: Spatial Concentration of Manufacturing Firms in China

Steven Brakman, Harry Garretsen and Zhao Zhao

4871: Tests of Policy Ineffectiveness in Macroeconometrics

Mohammad Pesaran and Ronald Smith

4870: The Real Exchange Rate in the Long Run: Balassa-Samuelson Effects Reconsidered

Michael D. Bordo, Ehsan Choudhri, Giorgio Fazio and Ronald MacDonald

4869: Can and Should the EU's Eastern Partnership be Saved?

Thorvaldur Gylfason, Inmaculada Martínez-Zarzoso and Per Magnus Wijkman

4868: The Minimum Wage from a Two-Sided Perspective

Alessio Brown, Christian Merkl and Dennis Snower

4867: FDI, Trade Integration and the Border Effect: Evidence from the European Union

Valeriano Martinez-San Roman, Marta Bengoa and Blanca Sánchez-Robles

4866: A Model to Evaluate Vehicle Emission Incentive Policies in Japan

Don Fullerton, Li Gan and Miwa Hattori

4865: On the Fiscal Strategies of Escaping Poverty-Environment Traps (and) Towards Sustainable Growth

Nguyen Than Dao and Ottmar Edenhofer

4864: Thanks but No Thanks: A New Policy to Reduce Land Conflict

Martin Dufwenberg, Gunnar Köhlin, Peter Martinsson and Haileselassie Medhin

4863: Pareto Improvement through Unilateral Matching of Public Good Contributions: The Role of Commitment

Wolfgang Buchholz, Richard Cornes, Wolfgang Peters and Dirk Rübbelke

4862: Institutions and Economic Growth in Historical Perspective: Part 2

Sheilagh Ogilvie and A. W. Carus

4861: Institutions and Economic Growth in Historical Perspective: Part 1

Sheilagh Ogilvie and A. W. Carus

4860: Do Minimum Legal Tobacco Purchase Age Laws Work?

Ceren Ertan Yoruk and Barış Yörük

4859: The Determinants of Trade Costs: A Random Coefficients Approach

Peter Egger and Jan Prusa

4858: Industry-Level Labour Demand Elasticities Across the Eurozone: Will There Be Any Gain After the Pain of Internal Devaluation?

Antonis Adam and Thomas Moutos

4857: Simply a Matter of Luck & Looks? Predicting Elections when Both the World Economy and the Psychology of Faces Count

Harry Garretsen, Janka I. Stoker, Rob Alessie and Joris Lammers