CESifo Working Paper Series

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3956: Forecasting GDP at the Regional Level with Many Predictors

Robert Lehmann and Klaus Wohlrabe

3955: The Penn Effect within a Country - Evidence from Japan

Yin-Wong Cheung and Eiji Fujii

3954: Partial Fiscal Decentralization and Public-Sector Heterogeneity: Theory and Evidence from Norway

Lars-Erik Borge, Jan Brueckner and Jorn Rattso

3953: Can there be a Wave-Like Association between Economic Growth and Inequality? Theory and Lessons for East Asia from the Middle East

Partha Gangopadhyay and Biswanath Bhattacharyay

3952: International Portability of Health-Cost Cover: Mobility, Insurance, and Redistribution

Martin Werding and Stuart McLennan

3951: Faustmann and the Climate

Michael Hoel, Bjart Holtsmark and Katinka Holtsmark

3950: The Impact of Managerial Change on Performance. The Role of Team Heterogeneity

Sandra Hentschel, Gerd Muehlheusser and Dirk Sliwka

3949: The Yield Spread Puzzle and the Information Content of SPF Forecasts

Kajal Lahiri, George Monokroussos and Yongchen Zhao

3948: Fiscal Equalization Schemes and Fiscal Sustainability

Niklas Potrafke and Markus Reischmann

3947: Discrimination in Dynamic Procurement Design with Learning-by-doing

Klenio Barbosa and Pierre Boyer

3946: Failure of Ad Valorem and Specific Tax Equivalence under Uncertainty

Laszlo Goerke, Frederik Herzberg and Thorsten Upmann

3945: A Commitment Theory of Subsidy Agreements

Daniel Brou and Michele Ruta

3944: On Creditor Seniority and Sovereign Bond Prices in Europe

Sven Steinkamp and Frank Westermann

3943: Macroeconomic Effects of Government Spending Shocks: New Evidence Using Natural Disaster Relief in Korea

Weonho Yang, Jan Fidrmuc and Sugata Ghosh

3942: Consequences of the New UK Tax Exemption System: Evidence from Micro-level Data

Peter Egger, Valeria Merlo, Martin Ruf and Georg Wamser

3941: Optimal Participation Taxes

Vidar Christiansen

3940: Central School Exit Exams and Labor-Market Outcomes

Marc Piopiunik, Guido Schwerdt and Ludger Woessmann

3939: Using Real-Time Data to Test for Political Budget Cycles

Richard Jong-A-Pin, Jan-Egbert Sturm, Jakob de Haan and Jakob de Haan

3938: Why are Educated and Risk-Loving Persons More Mobile Across Regions

Stefan Bauernschuster, Oliver Falck, Stephan Heblich and Jens Suedekum

3937: Macroeconomic Uncertainty and the Impact of Oil Shocks

Ine Van Robays

3936: Malthus in the Bedroom: Birth Spacing as a Preventive Check Mechanism in Pre-Modern England

Francesco Cinnirella, Marc Klemp and Jacob Weisdorf

3935: Long Memory in German Energy Price Indices

Carlos Barros, Guglielmo Maria Caporale and Luis Gil-Alana

3934: The Business Environment in the Transition

Wendy Carlin and Mark Schaffer

3933: The Nature of Risk Preferences: Evidence from Insurance Choices

Levon Barseghyan, Francesca Molinari, Ted O'Donoghue and Joshua Teitelbaum

3932: Partnership, Gender Roles and the Well-Being Cost of Unemployment

Andreas Knabe, Ronnie Schöb and Joachim Weimann

3931: The Effect of Long-Term-Care Subsidies on Female Labor Supply and Fertility

Evelyn Korn and Matthias Wrede

3930: A Generalized Spatial Panel Data Model with Random Effects

Badi Baltagi, Peter Egger and Michael Pfaffermayr

3929: Union Wage Setting and International Trade

Hartmut Egger and Daniel Etzel

3928: Bringing French Public Debt Down: The Options for Fiscal Consolidation

Balázs Égert

3927: Geography, Non-Homotheticity, and Industrialization: A Quantitative Analysis

Holger Breinlich and Alejandro Cunat

3926: On the Policy Implications of Changing Longevity

Pierre Pestieau and Gregory Ponthiere

3925: Adoption and Diffusion of Health Information Technology - The Case of Primary Care Clinics

Brantly Callaway and Vivek Ghosal

3924: The Effect of Household Debt on Aggregate Demand - The Case of Spain

Sebastian Jauch and Sebastian Watzka

3923: The Regulator's Trade-off: Bank Supervision vs. Minimum Capital

Florian Buck and Eva Schliephake

3922: Conspicuous Consumption and Communism: Evidence from East and West Germany

Tim Friehe and Mario Mechtel

3921: The Value of the Revolving Door: Political Appointees and the Stock Market

Simon Luechinger and Christoph Moser

3920: Urban Squatting with Rent-Seeking Organizers

Jan Brueckner

3919: Language as a Renewable Resource: Import, Dissipation, and Absorption of Innovations

Bengt-Arne Wickström

3918: Political Socialization in Flux? Linking Family Non-Intactness during Childhood to Adult Civic Engagement

Timo Hener, Helmut Rainer and Thomas Siedler

3917: The Impact of Democracy and Press Freedom on Corruption: Conditionality Matters

Christine Kalenborn and Christian Lessmann

3916: Environmental Regulation and Competitiveness: Evidence from Romania

Mohamed El Hedi Arouri, Guglielmo Maria Caporale, Christophe Rault, Robert Sova and Anamaria Sova

3915: Stable Climate Coalitions (Nash) and International Trade

Thomas Eichner and Rüdiger Pethig

3914: Social Protection for Migrant Workers in ASEAN

Gloria Pasadilla and Manolo Abella

3913: Obesity in Black and White: Accounting for 19th Century US BMI Differences by Socioeconomic Status and Biology

Scott A. Carson

3912: Estimating the Effects of Coordinated Fiscal Actions in the Euro Area

Shafik Hebous and Tom Zimmermann

3911: Trade, Wages, and Profits

Hartmut Egger, Peter Egger and Udo Kreickemeier

3910: Food for Fuel: The Effect of the US Biofuel Mandate on Poverty in India

Ujjayant Chakravorty, Marie-Hélène Hubert and Beyza Ural Marchand

3909: Trade Union Membership and Sickness Absence: Evidence from a Sick Pay Reform

Laszlo Goerke and Markus Pannenberg

3908: Mitigating Liquidity Constraints: Public Export Credit Guarantees in Germany

Gabriel Felbermayr, Inga Heiland, Erdal Yalcin and Gabriel J. Felbermayr

3907: Bounded Rationality and Voting Decisions Exploring a 160-Year Period

David Stadelmann and Benno Torgler

3906: News Sources and Media Bias

Armando J. Garcia-Pires, Hans Jarle Kind and Lars Sørgard

3905: Do Natural Disasters Enhance Societal Trust?

Hideki Toya and Mark Skidmore

3904: iPEHD - The ifo Prussian Economic History Database

Sascha Becker, Francesco Cinnirella, Erik Hornung, Ludger Woessmann and Sascha O. Becker

3903: Heterogeneity in High Math Achievement Across Schools: Evidence from the American Mathematics Competition

Glenn Ellison and Ashley Swanson

3902: The Determinants of Election to the United Nations Security Council

Axel Dreher, Matthew Gould, Matthew Rablen and James Vreeland

3901: The Bequest Tax as Long-Term Care Insurance

Johann Brunner

3900: The Citizen-Candidate Model with Imperfect Policy Control

R. Emre Aytimur, Aristotelis Boukouras and Robert Schwager

3899: The Effects of Changes in Property Tax Rates and School Spending on Residential and Business Property Value Growth

Sung Hoon Kang, Laura Reese and Mark Skidmore

3898: Cash-on-Hand and the Duration of Job Search: Quasi-Experimental Evidence from Norway

Christoph Basten, Andreas Fagereng and Kjetil Telle

3897: Re-examining the Decline in the US Saving Rate: The Impact of Mortgage Equity Withdrawal

Guglielmo Maria Caporale, Mauro Costantini and Antonio Paradiso

3896: Role of Production Networks in Sustaining and Rebalancing Asia's Growth

Willem Thorbecke and Biswanath Bhattacharyay

3895: Provision of a Public Good with Altruistic Overlapping Generations and Many Tribes

Larry Karp

3894: The Impact of Pharmaceutical Innovation on Longevity and Medical Expenditure in Sweden, 1997-2010: Evidence from Longitudinal, Disease-Level Data

Frank Lichtenberg and Billie Pettersson

3893: Why Countries Compete in Ad Valorem Instead of Unit Capital Taxes

Magnus Hoffmann and Marco Runkel

3892: Examining the Education Gradient in Chronic Illness

Pinka Chatterji, Heesoo Joo and Kajal Lahiri

3891: Potentially Harmful International Cooperation on Global Public Good Provision

Wolfgang Buchholz, Richard Cornes and Dirk Rübbelke

3890: Nineteenth Century US Black and White Physical Activity and Nutritional Trends among the Working Class

Scott A. Carson

3889: Optimal Higher Education Enrollment and Productivity Externalities in a Two-Sector Model

Volker Meier and Ioana Cosmina Schiopu

3888: Private Protection against Crime when Property Value is Private Information

Florian Baumann and Tim Friehe

3887: France's Environmental Policies: Internalising Global and Local Externalities

Balázs Égert

3886: The Cost of Environmental Policy under Induced Technical Change

Sjak Smulders and Corrado Di Maria

3885: Competition between Content Distributors in Two-Sided Markets

Harald Nygard Bergh, Hans Jarle Kind, Bjørn-Atle Reme and Lars Sørgard

3884: Prediction Markets for Economic Forecasting

Erik Snowberg, Justin Wolfers and Eric Zitzewitz

3883: Let's Talk: How Communication Affects Contract Design

Jordi Brandts, Gary Charness and Matthew Ellman

3882: How Free Trade Can Help Convert the 'Arab Spring' into Permanent Peace and Democracy

Thorvaldur Gylfason, Inmaculada Martínez-Zarzoso and Per Magnus Wijkman

3881: On the Private Provision of Contentious Public Characteristics

Richard Cornes and Dirk Rübbelke

3880: On the Political Economy of High Skilled Migration and International Trade

Spiros Bougheas and Douglas Nelson

3879: Counterfactual Analysis in Macroeconometrics: An Empirical Investigation into the Effects of Quantitative Easing

Mohammad Pesaran and Ronald Smith

3878: Variation in Risk Seeking Behavior in a Natural Experiment on Large Losses Induced by a Natural Disaster

Lionel Page, David A. Savage and Benno Torgler

3877: The Political Economics of Higher Education Finance for Mobile Individuals

Rainald Borck, Silke Uebelmesser and Martin Wimbersky

3876: The Long Run Impact of Biofuels on Food Prices

Ujjayant Chakravorty, Marie-Hélène Hubert, Michel Moreaux and Linda Nøstbakken

3875: Are User Fees Really Regressive?

George Economides and Apostolis Philippopoulos

3874: Geography, Institutions, and the Making of Comparative Development

Raphael Auer

3873: A Simple Theory of Trade, Finance, and Firm Dynamics

Gabriel Felbermayr, Gilbert Spiegel and Gabriel J. Felbermayr

3872: Powering Up Developing Countries through Integration?

Emmanuelle Auriol and Sara Biancini

3871: Broadband Internet: An Information Superhighway to Sex Crime?

Manudeep Bhuller, Tarjei Havnes, Edwin Leuven and Magne Mogstad

3870: On the Incidence of a Financial Transactions Tax in a Model with Fire Sales

Felix Bierbrauer

3869: Italy's ACE Tax and its Effect on a Firm's Leverage

Paolo Panteghini, Maria Laura Parisi and Francesca Pighetti

3868: The Relationship between Exchange Rates and International Trade: A Literature Review

Marc Auboin and Michele Ruta

3867: Wages and International Tax Competition

Sebastian Krautheim and Tim Schmidt-Eisenlohr

3866: Independent Schools and Long-Run Educational Outcomes - Evidence from Sweden's Large Scale Voucher Reform

Anders Böhlmark and Mikael Lindahl

3865: Bunching and Non-Bunching at Kink Points of the Swedish Tax Schedule

Spencer Bastani and Håkan Selin

3864: Do they Know what's at Risk? Health Risk Perception among the Obese

Joachim Winter and Amelie Wuppermann

3863: The Stimulative Effects of Intergovernmental Grants and the Marginal Cost of Public Funds

Bev Dahlby and Ergete Ferede

3862: Gender Differences in Experimental Wage Negotiations

Marcus Dittrich, Andreas Knabe and Kristina Leipold

3861: Which Conflicts can the European Neighbourhood Policy Help Resolve?

Thorvaldur Gylfason and Per Magnus Wijkman

3860: A Factor Augmentation Formulation of the Value of International Trade

Daniel Bernhofen and John C. Brown

3859: Pooling, Tranching and Credit Expansion

Spiros Bougheas

3858: Nice Guys Finish Last: Are People with Higher Tax Morale Taxed more Heavily?

Philipp Doerrenberg, Denvil Duncan, Clemens Fuest and Andreas Peichl

3857: The Sustainability of Empire in Global Perspective: The Role of International Trade Patterns

Roberto Bonfatti