CESifo Working Paper Series

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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 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 Sanchez-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

4856: Behavioral Indifference Curves

John Komlos

4855: The Long-Run Consequences of Chernobyl: Evidence on Subjective Well-Being, Mental Health and Welfare

Alexander Danzer and Natalia Danzer

4854: Transfers within a three Generations Family: When the Rotten Kids Turn into Altruistic Parents

Helmuth Cremer and Kerstin Roeder

4853: Does Giving to Charity Lead to Better Health? Evidence from Tax Subsidies for Charitable Giving

Barış Yörük

4852: State Tax Differentials, Cross-Border Commuting, and Commuting Times in Multi-State Metropolitan Areas

David Agrawal and William Hoyt

4851: A Theory of Tax Avoidance - Managerial Incentives for Tax Planning in a Multi-Task Principal-Agent Model

Ralf Ewert and Rainer Niemann

4850: The Offshore Renminbi Exchange Rate: Microstructure and Links to the Onshore Market

Yin-Wong Cheung and Dagfinn Rime

4849: The Weekend Effect: A Trading Robot and Fractional Integration Analysis

Guglielmo Maria Caporale, Luis Gil-Alana, Alex Plastun and Inna Makarenko

4848: Industry Structure and Pricing over the Business Cycle

Yossi Spiegel and Konrad O. Stahl

4847: Fixed Effects and Random Effects Estimation of Higher-Order Spatial Autoregressive Models with Spatial Autoregressive and Heteroskedastic Disturbances

Harald Badinger and Peter Egger

4846: Grade Retention and Unobserved Heterogeneity

Robert Gary-Bobo, Marion Goussé and Jean-Marc Robin

4845: A Spatial Approach to Energy Economics: Theory, Measurement and Empirics

Juan Moreno-Cruz and M. Scott Taylor

4844: Energy Use and Economic Growth in Africa: A Panel Granger-Causality Investigation

Mohamed El Hedi Arouri, Adel Ben Youssef, Hatem M'Henni and Christophe Rault

4843: Will the U.S. and EU Telecommunications Policies Converge? A Survey

Ingo Vogelsang

4842: A Ricardian Analysis of the Impact of Climate Change on European Agriculture

Steven Van Passel, Emanuele Massetti and Robert Mendelsohn

4841: The Commitment Role of Equity Financing

Matthias Fahn, Valeria Merlo and Georg Wamser

4840: How Many Patents Does it Take to Signal Innovation Quality?

Stefano Comino and Clara Graziano

4839: Policy Experimentation, Political Competition, and Heterogeneous Beliefs

Antony Millner, Hélène Ollivier and Leo Simon

4838: Biased Perceptions of Income Inequality and Redistribution

Carina Engelhardt and Andreas Wagener

4837: On the Applicability of Global Approximation Methods for Models with Jump Discontinuities in Policy Functions

Christoph Görtz and Afrasiab Mirza

4836: Teenage Pregnancies and Births in Germany: Patterns and Developments

Kamila Cygan-Rehm and Regina Riphahn

4835: To Commit or not to Commit? An Experimental Investigation of Pre-Commitments in Bargaining Situations with Asymmetric Information

Sönke Hoffmann, Benedikt Mihm and Joachim Weimann

4834: A Multiple Testing Approach to the Regularisation of Large Sample Correlation Matrices

Natalia Bailey, Mohammad Pesaran and L. Vanessa Smith

4833: Is Emission Intensity or Output U-shaped in the Strictness of Environmental Policy

Bouwe Dijkstra and Maria J. Gil-Moltó

4832: Neo-Protectionism and the European Lobbies

Marianna Belloc

4831: Let the Market Decide: An Experimental Study of Competition and Fairness

Björn Bartling, Manuel Grieder and Christian Zehnder

4830: Communicating Subjective Evaluations

Matthias Lang

4829: Outside the State - the Shadow Economy and Shadow Economy Labor Force

Friedrich Schneider

4828: Temptation in Vote-Selling: Evidence from a Field Experiment in the Philippines

Allen Hicken, Stephen Leider, Nico Ravanilla and Dean Yang

4827: Stimulating Annuity Markets

Ben Heijdra, Jochen Mierau and Timo Trimborn

4826: The Effect of Shocks to Labour Market Flows on Unemployment and Participation Rates

Robert Dixon, Guay Lim, Jan C. van Ours and Jan C. van Ours

4825: Cost Sharing in Collective Contests

Shmuel Nitzan and Kaoru Ueda

4824: Direct Distribution of Rents and the Resource Curse in Iran: A Micro-econometric Analysis

Mohammad Reza Farzanegan and Mohammad Habibpour

4823: Immmigration and Internal Mobility in Canada

Michel Beine and Serge Coulombe

4822: Transformed Maximum Likelihood Estimation of Short Dynamic Panel Data Models with Interactive Effects

Kazuhiko Hayakawa, Mohammad Pesaran and L. Vanessa Smith

4821: Minimum Wages, Capital Accumulation and Worker's Incomes

George Economides and Thomas Moutos

4820: Understanding the Emergence of Public Debt

Martin Fochmann, Abdolkarim Sadrieh and Joachim Weimann

4819: Trade and Uncertainty

Dennis Novy and Alan Taylor

4818: Reform of the United Nations Security Council: Equity and Efficiency

Matthew Gould and Matthew Rablen

4817: Why are Firms that Export Cleaner? International Trade and CO2 Emissions

Rikard Forslid, Toshihiro Okubo and Karen Helene Ulltveit-Moe

4816: Endogenous Wage Indexation and Aggregate Shocks

Julio Carrillo, Gert Peersman and Joris Wauters

4815: Top of the Class: The Importance of Ordinal Rank

Richard Murphy and Felix Weinhardt

4814: Efficiency, Welfare, and Political Competition

Felix Bierbrauer and Pierre Boyer

4813: Just Hire your Spouse! Evidence from a Political Scandal in Bavaria

Björn Kauder and Niklas Potrafke

4812: Sources of Productivity Spillovers: Panel Data Evidence from China

Badi Baltagi, Peter Egger and Michaela Kesina

4811: Complementary Bidding Mechanisms and Startup Costs in Electricity Markets

Mar Reguant

4810: Over-Caution of Large Committees of Experts

Rune Midjord, Tomás Rodríguez and Justin Mattias Valasek

4809: Government Decentralization as a Commitment

Mark Gradstein

4808: Level r Consensus and Stable Social Choice

Muhammad Mahajne, Shmuel Nitzan and Oscar Volij

4807: Theory and Practice of GVAR Modeling

Alexander Chudik and Mohammad Pesaran

4806: Bidding for Firms with Unknown Characteristics

Johannes Becker and Andrea Schneider

4805: Tax Incentives and Business Investment: Evidence from German Bonus Depreciation

Sebastian Eichfelder and Kerstin Schneider

4804: How to Stimulate Single Mothers on Welfare to Find a Job; Evidence from a Natural Experiment

Marike Knoef, Jan C. van Ours and Jan C. van Ours

4803: The Gender Gap in Entrepreneurship: Not Just a Matter of Personality

Marco Caliendo, Frank Fossen, Alexander Kritikos and Miriam Wetter

4802: Spatial Concentration of Military Dictatorships in Sub-Saharan Africa (1977-2007)

Raul Caruso, Ilaria Petrarca and Roberto Ricciuti

4801: The Effect of Income on Religiousness

Thomas Buser

4800: Cultural Integration and Export Variety Overlap Across Countries

Peter Egger, Andrea Lassmann and Peter H. Egger

4799: Trade, Integration, and Interregional Inequality

Georg Hirte and Christian Lessmann

4798: The Value of Technology Improvements in Games with Externalities: A Fresh Look at Offsetting Behavior

Michael Hoy and Mattias K Polborn

4797: The Domestic Segment of Global Supply Chains in China under State Capitalism

Heiwai Tang, Fei Wang and Zhi Wang

4796: The Costs and Benefits of Mandatory Securities Regulation: Evidence from Market Reactions to the JOBS Act of 2012

Dhammika Dharmapala and Vikramaditya Khanna

4795: Climate Change and Psychological Adaptation: A Behavioral Environmental Economics Approach

Thomas Aronsson and Ronnie Schöb

4794: Human Capital Mobility: Implications for Efficiency, Income Distribution, and Policy

David Wildasin

4793: Risk Matters: A Comment

Benjamin Born and Johannes Pfeifer