CESifo Working Paper Series

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4610: A Competitive Model of Worker Replacement and Wage Rigidity

Andy Snell, Jonathan Thomas and Zhewei Wang

4609: Self Control and Intertemporal Choice: Evidence from Glucose and Depletion Interventions

Michael Kuhn, Peter Kuhn and Marie Claire Villeval

4608: Tenancy Rent Control and Credible Commitment in Maintenance

Richard Arnott and Elizaveta Shevyakhova

4607: Creeping Normalcy: Fractionation of Indian Land Ownership

Jake Russ and Thomas Stratmann

4606: Optimal Forest Management when Logging Damages and Costs Differ between Logging Practices

Yonky Indrajaya, Edwin van der Werf, Ekko van Ierland and Frits Mohren

4605: Iceland: How Could This Happen?

Thorvaldur Gylfason

4604: Jump Processes in Natural Gas Markets

Charles Mason and Neil Wilmot

4603: Emissions Trading with Offset Markets and Free Quota Allocations

Knut Einar Rosendahl and Jon Strand

4602: Credit Risk in General Equilibrium

Jürgen Eichberger, Klaus Rheinberger and Martin Summer

4601: TransNIEMO: Economic Impact Analysis Using a Model of Consistent Interregional Economic and Network Equilibria

JoongKoo Cho, Peter Gordon, James E. Moore, Qisheng Pan, JiYoung Park and Harry W. Richardson

4600: Capital-Labor Substitution, Structural Change and the Labor Income Share

Francisco Alvarez-Cuadrado, Ngo Long and Markus Poschke

4599: What is the Relation (if any) Between a Firm's Corporate Governance Arrangements and its Financial Performance?

Roberto E. Wessels, Tom J. Wansbeek and Lammertjan Dam

4598: Carbon Tariffs: An Analysis of the Trade, Welfare and Emission Effects

Mario Larch and Joschka Wanner

4597: Returns to Skills around the World: Evidence from PIAAC

Eric Hanushek, Guido Schwerdt, Simon Wiederhold and Ludger Woessmann

4596: The Dynamic Implications of Liberalizing Global Migration

Marco Delogu, Frédéric Docquier and Joël Machado

4595: Children Do Not Behave Like Adults: Gender Gaps in Performance and Risk Taking within a Random Social Context in the High-Stakes Game Shows Jeopardy and Junior Jeopardy

Jenny Säve-Söderbergh and Gabriella Sjögren Lindquist

4594: Do Weak Institutions Prolong Crises? On the Identification, Characteristics, and Duration of Declines during Economic Slumps

Richard Bluhm, Denis de Crombrugghe and Adam Szirmai

4593: Mandatory Participation in Occupational Pension Schemes in the Netherlands and other Countries

Damiaan H.J. Chen and Roel Beetsma

4592: A Two Stage Approach to Spatiotemporal Analysis with Strong and Weak Cross-Sectional Dependence

Natalia Bailey, Sean Holly and Mohammad Pesaran

4591: Compensated Discrete Choice with Particular Reference to Labor Supply

John K. Dagsvik, Steinar Strøm and Marilena Locatelli

4590: Levelized Product Cost: Concept and Decision Relevance

Stefan Reichelstein and Anna Rohlfing-Bastian

4589: International Environmental Agreements with Uncertainty, Learning and Risk Aversion

Michael Finus, Pedro Pintassilgo and Alistair Ulph

4588: Is a Minimum Wage an Appropriate Instrument for Redistribution?

Aart Gerritsen and Bas Jacobs

4587: Heterogenous Switching Costs

Gary Biglaiser, Jacques Crémer and Gergely Dobos

4586: Auctions with Imperfect Commitment when the Reserve May Serve as a Signal

Byoung Jun and Elmar Wolfstetter

4585: The Special Safeguard Mechanism (SSM) and Tariffs: Price Behaviour with Imperfectly Competitive Market Intermediaries

Donald MacLaren

4584: Aging, the Great Moderation and Business-Cycle Volatility in a Life-Cycle Model

Burkhard Heer, Stefan Rohrbacher and Christian Scharrer

4583: Agricultural Exports, Tariffs and Growth

Leonid Azarnert

4582: What Do Labor Market Institutions Do?

Bertil Holmlund

4581: Optimal Taxation in a Habit Formation Economy

Sebastian Koehne and Moritz Kuhn

4580: Continuous Logit Polycentric City Model

Matthias Wrede

4579: Short Run Effects of Bleaker Prospects for Oligopolistic Producers of a Non-Renewable Resource

Kristine Grimsrud, Knut Einar Rosendahl, Halvor Briseid Storrøsten and Marina Tsygankova

4578: Optimal Taxation, Child Care and Models of the Household

Patricia Apps and Ray Rees

4577: The Hodrick-Prescott Filter with a Time-Varying Penalization Parameter. An Application for the Trend Estimation of Global Temperature

Andreas Blöchl and Gebhard Flaig

4576: Patient Mobility, Health Care Quality and Welfare

Kurt Brekke, Rosella Levaggi, Luigi Siciliani and Odd Rune Straume

4575: Buying and Selling Risk - An Experiment Investigating Evaluation Asymmetries

Werner Güth, Matteo Ploner and Ivan Soraperra

4574: Robust Implementation of a Parsimonious Dynamic Factor Model to Nowcast GDP

Pablo Duarte and Bernd Süssmuth

4573: Negotiating to Avoid "Gradual" versus "Dangerous" Climate Change: An Experimental Test of Two Prisoners' Dilemma

Scott Barrett and Astrid Dannenberg

4572: Peer Pressure and Productivity: The Role of Observing and Being Observed

Sotiris Georganas, Mirco Tonin and Michael Vlassopoulos

4571: Compactness vs. Sprawl Revisited: Converging Views

Reid Ewing, Harry W. Richardson, Keith Bartholomew, Arthur C. Nelson and Chang-Hee Christine Bae

4570: Testing Unemployment Theories: A Multivariate Long Memory Approach

Guglielmo Maria Caporale, Luis Gil-Alana and Yuliya Lovcha

4569: Fishing for Excuses and Performance Evaluation

François Larmande and Jean-Pierre Ponssard

4568: Rent Taxes and Royalties in Designing Fiscal Regimes for Non-Renewable Resources

Robin Boadway and Michael Keen

4567: The Impact of R&D Cooperations on Drug Variety Offered on the Market. Evidence from the Pharmaceutical Industry

Tannista Banerjee and Ralph Siebert

4566: The Singular Value Decomposition of a Technology Matrix

Eric Fisher

4565: Conditional Gender Peer Effects?

Jon Vaag Iversen and Hans Bonesrønning

4564: Divided We Reform? Evidence from US Welfare Policies

Andreas Bernecker

4563: The Surprisingly Swift Decline of U.S. Manufacturing Employment

Justin Pierce and Peter Schott

4562: Robust Dynamic Optimal Taxation and Environmental Externalities

Xin Li, Borghan Nezami Narajabad and Ted Loch Temzelides

4561: Immigration and the Distribution of Incomes

Francine Blau and Lawrence Kahn

4560: Allowing Firms to Choose Between Formula Apportionment and Separate Accounting Taxation

Thomas Gresik

4559: Income Inequality, Mobility and the Accumulation of Capital

Cecilia Garcia-Penalosa and Stephen J Turnovsky

4558: Export or Merge? Proximity vs. Concentration in Product Space

Marc-Andreas Muendler

4557: Economy Wide Impact of the Trade Integration between Japan and India: A Computable General Equilibrium Analysis

Biswanath Bhattacharyay and Kakali Mukhopadhyay

4556: Equilibrium Search and the Impact of Equal Opportunities for Women

Melvyn G. Coles and Marco Francesconi

4555: Is Marriage as Good as a Contract?

Alessandro Cigno

4554: Security Bid Auctions for Agency Contracts

Byoung Jun and Elmar Wolfstetter

4553: On Optimal Social Convention in Voluntary Continuation Prisoner's Dilemma Games

Filip Vesely and Chun-Lei Yang

4552: Market Transparency, Adverse Selection, and Moral Hazard

Tobias Klein, Christian Lambertz and Konrad O. Stahl

4551: China's Profits and Losses from Currency Intervention, 1994-2011

Hailong Jin and E. Kwan Choi

4550: Offshoring, Exporting, and Jobs

José Groizard, Priya Ranjan and Antonio Rodriguez-Lopez

4549: Corporate Deductibility Provisions and Managerial Incentives

Marko Köthenbürger and Michael Stimmelmayr

4548: Growth Expectations, Undue Optimism, and Short-Run Fluctuations

Zeno Enders, Michael Kleemann and Gernot Müller

4547: On the Political Economy of Complexity

Shmuel Nitzan, Uriel Procaccia and Joseph Tzur

4546: Investment Policy for Time-Inconsistent Discounters

Bard Harstad

4545: The Endgame of Telecommunications Policy? A Survey

Ingo Vogelsang

4544: Economic Analysis, Sustainability and Environmental Commons

Ignazio Musu

4543: On the Generalizability of Experimental Results in Economics: With a Response to Commentors

Omar Al-Ubaydli and John List

4542: Returns to Office in National and Local Politics

Kaisa Kotakorpi, Panu Poutvaara and Marko Terviö

4541: Procedurally Fair Collective Provision: Its Requirements and Experimental Functionality

Werner Güth, Hartmut Kliemt, Anastasios Koukoumelis, Maria Levati and Matteo Ploner

4540: Statures, BMIs, and Weight: A Reassessment

Scott A. Carson

4539: Employee Spinouts, Social Networks, and Family Firms

James Rauch

4538: The Structure of the Permanent Job Wage Premium: Evidence from Europe

Lawrence Kahn

4537: Student Abilities During the Expansion of US Education

Lutz Hendricks and Todd Schoellman

4536: Anticipated Consumption and its Impact on Capital Accumulation and Growth: 'Forward-Looking' vs. 'Backward-Looking' Consumption Reference

Goncalo Monteiro and Stephen J Turnovsky

4535: Are Ex Ante and Ex Post Licensing Agreements Useful Instruments to Lessen Uncertainty in R&D?

Ralph Siebert

4534: Unemployment Risk and Wage Differentials

Roberto Pinheiro and Ludo Visschers

4533: Urbanity

Gabriel Ahlfeldt

4532: Understanding Rig Rates

Petter Osmundsen, Knut Einar Rosendahl and Terje Skjerpen

4531: Toward an Understanding of why Suggestions Work in Charitable Fundraising: Theory and Evidence from a Natural Field Experiment

James T. Edwards and John List

4530: Economic Challenges in the Anthropocene

Ignazio Musu

4529: Gender of Siblings and Choice of College Major

Massimo Anelli and Giovanni Peri

4528: When Credit Dries Up: Job Losses in the Great Recession

Samuel Bentolila, Marcel Jansen, Gabriel Jimenez and Sonia Ruano

4527: The Political Economy of Financial Systems: Evidence from Suffrage Reforms in the Last Two Centuries

Hans Degryse, Thomas Lambert and Armin Schwienbacher

4526: The Power of Religious Organizations in Human Decision Processes: Analyzing Voting Behavior

Benno Torgler, David Stadelmann and Marco Portmann

4525: CCS - Failing to Pass Decision Gates

Magne Emhjellen and Petter Osmundsen

4524: Why are Women less Democratic than Men? Evidence from Sub-Saharan African Countries

Cecilia Garcia-Penalosa and Maty Konte

4523: The Effects of Home Computers on Educational Outcomes: Evidence from a Field Experiment with Community College Students

Robert Fairlie and Rebecca A. London

4522: Testing the Theory of Multitasking: Evidence from a Natural Field Experiment in Chinese Factories

Fuhai Hong, Tanjim Hossain, John List and Migiwa Tanaka

4521: Technology Transfers for Climate Change

May Elsayyad and Florian Morath

4520: Much Ado about Nothing? The Role of Primary School Catchment Areas for Ethnic School Segregation. Evidence from a Policy Reform

Anna Makles and Kerstin Schneider

4519: Equitable Representation in the Councils of the United Nations: Theory and Application

Matthew Gould and Matthew Rablen

4518: Direct and Structural Discrimination in Contests

Yosef Mealem and Shmuel Nitzan

4517: Self-Confidence and Strategic Behavior

Gary Charness, Aldo Rustichini and Jeroen van de Ven

4516: The Impact of Recent Chemotherapy Innovation on the Longevity of Myeloma Patients: U.S. and International Evidence

Frank Lichtenberg and Gisela Hostenkamp

4515: The Importance of Financial Resources for Student Loan Repayment

Lance Lochner, Todd Stinebrickner and Utku Suleymanoglu

4514: Who Cares for Social Image? Interactions between Intrinsic Motivation and Social Image Concerns

Jana Friedrichsen and Dirk Engelmann

4513: Stock Markets, Banks and Long Run Economics Growth: A Panel Cointegration-Based Analysis

Laurent Cavenaile, Christian Gengenbach and Franz Palm

4512: OPEC's Market Power: An Empirical Dominant Firm Model for the Oil Market

Rolf Golombek, Alfonso A. Irarrazabal and Lin Ma

4511: Contracts Offered by Bureaucrats

Fahad Khalil, Doyoung Kim and Jacques Lawarree