CESifo Working Paper Series

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4309: Employee Referral, Social Proximity and Worker Discipline: Theory and Evidence from India

Amrita Dhillon, Vegard Iversen and Gaute Torsvik

4308: Politics and IMF Conditionality

Axel Dreher, Jan-Egbert Sturm and James Vreeland

4307: Multitasking and Wages

Dennis Görlich and Dennis Snower

4306: Evidence on the Political Principal-Agent Problem from Voting on Public Finance for Concert Halls

Niklas Potrafke

4305: Normative Analysis with Societal Constraints

Robin Boadway and Nicolas-Guillaume Martineau

4304: Introducing Activity-Based Payment in the Hospital Industry: Evidence from French Data

Philippe Choné, Franck Evain, Lionel Wilner and Engin Yilmaz

4303: Exchange Rate Volatility, Financial Constraints and Trade: Empirical Evidence from Chinese Firms

Jérôme Héricourt and Sandra Poncet

4302: Preferences, Selection, and Value Added: A Structural Approach Applied to Turkish Exam High Schools

S. Pelin Akyol, Veronica Frisancho, Kala Krishna and Cemile Yavas

4301: Homevoters vs. Leasevoters: A Spatial Analysis of Airport Effects

Gabriel Ahlfeldt and Wolfgang Maennig

4300: Organizations, Diffused Pivotality and Immoral Outcomes

Armin Falk and Nora Szech

4299: Geopolitics, Aid and Growth

Axel Dreher, Vera Eichenauer, Kai Gehring and Vera Z. Eichenauer

4298: Income Inequality and Export Prices across Countries

Lisandra Flach and Eckhard Janeba

4297: Explosive Target Balances

Niklas Potrafke and Markus Reischmann

4296: The Market for Conservation and Other Hostages

Bard Harstad

4295: Consumers' Complaints, the Nature of Corruption, and Social Welfare

J. Atsu Amegashie

4294: Economic Policy Uncertainty, Trust and Inflation Expectations

Klodiana Istrefi and Anamaria Piloiu

4293: Persistence of High Income Inequality and Banking Crises: 1980-2010

Giorgio Bellettini and Flavio Delbono

4292: Universal Intellectual Property Rights: Too Much of a Good Thing?

Emmanuelle Auriol, Sara Biancini and Rodrigo Paillacar

4291: The Impact of Entry Regulation on Total Welfare: A Policy Experiment

An-Hsiang Liu, Ralph Siebert and Christine Zulehner

4290: Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing

Wladimir Raymond, Jacques Mairesse, Pierre Mohnen and Franz Palm

4289: The Influence of Child Care on Maternal Health and Mother-Child Interaction

Alexandra Kröll and Rainald Borck

4288: The Impact of Macro News and Central Bank Communication on Emerging European Forex Markets

Balázs Égert, Evžen Kocenda and Evžen Kočenda

4287: Renewed Momentum in the German Housing Market: Boom or Bubble?

Xi Chen and Michael Funke

4286: National Minimum Wage and Employment of Young Workers in the UK

Jan Fidrmuc and Juan de Dios Tena

4285: The Trade-off between Intra- and Intergenerational Equity in Climate Policy

Snorre Kverndokk, Eric Nævdal and Linda Nøstbakken

4284: Do Political Parties Matter for Local Land Use Policies?

Albert Solé-Ollé and Elisabet Viladecans-Marsal

4283: What is European Integration Really About? A Political Guide for Economists

Enrico Spolaore

4282: Wars of Conquest and Independence

Roland Hodler and Hadi Yektas

4281: Credit Shocks and Macroeconomic Fluctuations in Emerging Markets

Romain Houssa, Jolan Mohimont and Christopher Otrok

4280: Financing Public Capital through Land Rent Taxation: A Macroeconomic Henry George Theorem

Linus Mattauch, Jan Siegmeier, Ottmar Edenhofer and Felix Creutzig

4279: Optimal Student Loans and Graduate Tax under Moral Hazard and Adverse Selection

Robert Gary-Bobo and Alain Trannoy

4278: Policies against Human Trafficking: The Role of Religion and Political Institutions

Niklas Potrafke

4277: Investment in Broadband Infrastructure Under Local Deregulation: Evidence from the U.K. Broadband Market

Nadine Fabritz and Oliver Falck

4276: Intrinsic Motivations of Public Sector Employees: Evidence for Germany

Robert Dur and Robin Zoutenbier

4275: Measuring Alpha in the Fund Management Industry: Do Female Managers Perform Better?

Vassilios Babalos, Guglielmo Maria Caporale and Nikolaos Philippas

4274: Home with Mom: The Effects of Stay-at-Home Parents on Children's Long-Run Educational Outcomes

Eric Bettinger, Torbjørn Hægeland and Mari Rege

4273: Systematic Consumption Risk in Currency Returns

Mathias Hoffmann and Rahel Studer-Suter

4272: Central Banking and Financial Stability in the Long Run

Jin Cao and Lorán Chollete

4271: Worker Identity, Employment Fluctuations and Stabilization Policy

Wolfgang Lechthaler and Dennis Snower

4270: Low Altruism, Austerity, and Aversion to Default: Are Countries Converging to the Natural Debt Limit?

Henning Bohn

4269: Sector Specific News Shocks in Aggregate and Sectoral Fluctuations

Christoph Görtz and John Tsoukalas

4268: Black and White Body Mass Index Values in Developing 19th Century Nebraska

Scott A. Carson

4267: Bank Capital Regulation with an Opportunistic Rating Agency

Matthias Efing

4266: The Role of Standards in Eco-innovation: Lessons for Policymakers

Herman R.J. Vollebergh and Edwin van der Werf

4265: The Power to Pass on Taxes - A Test for Tax Shifting Based on Observables

Mario Jametti, Agustin Redonda and Anindya Sen

4264: Oil Prices, Exchange Rates and Asset Prices

Marcel Fratzscher, Daniel Schneider and Ine Van Robays

4263: Recession Depression: Mental Health Effects of the 2008 Stock Market Crash

Melissa McInerney, Jennifer Mellor and Lauren Nicholas

4262: Universal Coverage on a Budget: Impacts on Health Care Utilization and Out-Of-Pocket Expenditures in Thailand

Supon Limwattananon, Sven Neelsen, Owen O'Donnell, Phusit Prakongsai, Viroj Tangcharoensathien, Eddy Van Doorslaer and Vuthiphan Vongmongkol

4261: The Predictive Power of Political Pundits: Prescient or Pitiful?

Phillip Metaxas and Andrew Leigh

4260: Effects of Psychiatric Disorders on Labor Market Outcomes: A Latent Variable Approach Using Multiple clinical Indicators

Souvik Banerjee, Pinka Chatterji and Kajal Lahiri

4259: The Impact of Tax Incentives on the Economic Activity of Entrepreneurs

Jarkko Harju and Tuomas Kosonen

4258: Does Distance Matter? Tuition Fees and Enrollment of First-Year Students at German Public Universities

Kerstin Bruckmeier, Georg-Benedikt Fischer and Berthold Wigger

4257: Exchange Rates and Asset Prices: Heterogeneous Agents at Work

Giulia Piccillo

4256: Tax Competition, Investment Irreversibility and the Provision of Public Goods

Michele Moretto, Paolo Panteghini and Sergio Vergalli

4255: Euro Membership and Fiscal Reaction Functions

Alfons J. Weichenrieder, Jochen Zimmer and Alfons Weichenrieder

4254: Do Higher Government Wages Reduce Corruption? Evidence Based on a Novel Dataset

Van Ha Le, Jakob de Haan, Erik Dietzenbacher and Jakob de Haan

4253: The Exchange Rate Susceptibility of Some European Core Industries and the Currency Union

David Leuwer and Bernd Süssmuth

4252: The Intrinsic Value of Decision Rights

Björn Bartling, Ernst Fehr and Holger Herz

4251: Decomposing China's Export Growth into Extensive Margin, Export Quality and Quantity Effects

Yue Gao, John Whalley and Yonglei Ren

4250: Coworker Networks in the Labour Market

Albrecht Glitz

4249: The Macroeconomic Policy Challenges of Balance Sheet Recession: Lessons from Japan for the European Crisis

Gunther Schnabl

4248: Atkinson-Stiglitz and Ramsey Reconciled: Pareto Efficient Taxation and Pricing under a Break-Even Constraint

Helmuth Cremer and Firouz Gahvari

4247: Do Higher Corporate Taxes Reduce Wages? Micro Evidence from Germany

Clemens Fuest, Andreas Peichl and Sebastian Siegloch

4246: The Size and Scope of Government in the US States: Does Party Ideology Matter?

Christian Bjørnskov and Niklas Potrafke

4245: Same Same But Different: Dialects and Trade

Alfred Lameli, Volker Nitsch, Jens Suedekum and Nikolaus Wolf

4244: Does the European Marriage Pattern Explain Economic Growth

Tracy Dennison and Sheilagh Ogilvie

4243: Do Trade Agreements Stimulate International Trade Differently? Evidence from 296 Trade Agreements

Tristan Kohl, Steven Brakman and Harry Garretsen

4242: The 90% Public Debt Threshold: The Rise and Fall of a Stylised Fact

Balázs Égert

4241: Optimal Fiscal Policy

Jasper Lukkezen and C. N. Teulings

4240: How Should Commodities be Taxed? A Counterargument to the Recommendation in the Mirrlees Review

Spencer Bastani, Sören Blomquist and Jukka Pirttilä

4239: What You Ask is What You Get: Willingness-to-Pay for a QALY in Germany

Marlies Ahlert, Friedrich Breyer and Lars Schwettmann

4238: Forecasting Exchange Rates: An Investor Perspective

Michael Melvin, John Prins and Duncan Shand

4237: The Effects of Tuition Fees on Transition from High School to University in Germany

Kerstin Bruckmeier and Berthold Wigger

4236: Greenspan Shrugs: Central Bank Communication, Formal Pronouncements and Bond Market Volatility

Bob Chirinko and Christopher Curran

4235: Does Bilateral Trust Affect International Movement of Goods and Labor

Eva Spring and Volker Grossmann

4234: Exchange Rate Uncertainty and International Portfolio Flows

Guglielmo Maria Caporale, Faek Menla Ali and Nicola Spagnolo

4233: Negative Campaigning in a Probabilistic Voting Model

Jan Brueckner and Kangoh Lee

4232: Common Correlated Effects Estimation of Heterogeneous Dynamic Panel Data Models with Weakly Exogenous Regressors

Alexander Chudik and Mohammad Pesaran

4231: Complex Tax Incentives - An Experimental Investigation

Johannes Abeler and Simon Jäger

4230: Migration into the Welfare State: Tax and Migration Competition

Assaf Razin

4229: Heterogeneous Firms in a Product Fragmentation World

Yue Gao and John Whalley

4228: Consuming your Way to Efficiency: Public Goods Provision through Non-Distortionary Tax Lotteries

Thomas Giebe and Paul Schweinzer

4227: Working for a Good Cause

Robert Dur and Robin Zoutenbier

4226: What We Can Learn about the Behavior of Firms from the average Monthly Frequency of Price-Changes: An Application to the UK CPI Data

Huw Dixon and Kun Tian

4225: Status Concerns as a Motive for Crime?

Florian Baumann and Tim Friehe

4224: Long Memory and Fractional Integration in High Frequency Data on the US Dollar / British Pound Spot Exchange Rate

Guglielmo Maria Caporale and Luis Gil-Alana

4223: Maintaining One's Living Standard at Old Age: What Does that Mean? Evidence Using Panel Data from Germany

Christian Dudel, Notburga Ott and Martin Werding

4222: Subjective Well-Being and Income: Is there any Evidence of Satiation?

Betsey Stevenson and Justin Wolfers

4221: The Political Economy of Educational Content and Development: Lessons from History

Davide Cantoni and Noam Yuchtman

4220: Whither China? Reform and Economic Integration among Chinese Regions

Jan Fidrmuc, Jarko Fidrmuc and Shuo Huang

4219: Who Participates in Tax Avoidance?

Annette Alstadsæter and Martin Jacob

4218: What Drives Aggregate Investment? Evidence from German Survey Data

Ruediger Bachmann and Peter Zorn

4217: Has Public Insurance Gone Too Far?

Ludger Schuknecht

4216: What Drives Target2 Balances? Evidence from a Panel Analysis

Raphael Auer

4215: Economic Growth in Africa: Comparing Recent Improvements with the "lost 1980s and early 1990s" and Estimating New Growth Trends

Willi Leibfritz and Gebhard Flaig

4214: Impact of Exchange Rate Movements on Exports: An Analysis of Indian Non-Financial Sector Firms

Yin-Wong Cheung and Rajeswari Sengupta

4213: Immigration, Unemployment and Growth in the Host Country: Bootstrap Panel Granger Causality Analysis on OECD Countries

Ekrame Boubtane, Dramane Coulibaly and Christophe Rault

4212: The Historical Roots of Corruption and Economic Development in Italy

Ilaria Petrarca and Roberto Ricciuti

4211: Social Unrest in the Wake of IMF Structural Adjustment Programs

Caleb Stroup and Benjamin Zissimos

4210: The Efficiency and Equity of the Tax and Transfer System in France

Balázs Égert