CESifo Working Paper Series

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4010: Sin Licenses Revisited

Markus Haavio and Kaisa Kotakorpi

4009: The Efficacy and Efforts of Interest Groups in Post Elections Policy Formation

Gil Epstein, Yosef Mealem and Shmuel Nitzan

4008: Estimating the Influence of Life Satisfaction and Positive Affect on Later Income Using Sibling Fixed-Effects

Jan-Emmanuel De Neve and Andrew Oswald

4007: You Owe Me

Ulrike Malmendier and Klaus Schmidt

4006: Business Cycles, International Trade and Capital Flows: Evidence from Latin America

Guglielmo Maria Caporale and Alessandro Girardi

4005: Government Spending Shocks and the Multiplier: New Evidence from the U.S. Based on Natural Disasters

Weonho Yang, Jan Fidrmuc and Sugata Ghosh

4004: Size and Development of Tax Evasion in 38 OECD Countries: What do we (not) know?

Andreas Bühn and Friedrich Schneider

4003: Security of Property as a Public Good: Institutions, Socio-Political Environment and Experimental Behavior in Five Countries

Francisco Campos-Ortiz, Louis Putterman, T.K. Ahn, Loukas Balafoutas, Mongoljin Batsaikhan and Matthias Sutter

4002: Portability of Pension, Health, and other Social Benefits: Facts, Concepts, and Issues

Robert Holzmann and Johannes Koettl

4001: Fiscal Policy Sustainability, Economic Cycle and Financial Crises: The Case of the GIPS

Gabriella Legrenzi and Costas Milas

4000: Sectoral Trade Freeness and Agglomeration in the EU: An Empirical Test Strategy

Gianluca Cafiso

3999: Policy Responses to Fiscal Restraints: A Difference-in-Discontinuities Design

Veronica Grembi, Tommaso Nannicini and Ugo antonio Troiano

3998: The Effect of Terrorist Incidents on Capital Flows

Randall Filer and Dragana Stanisic

3997: Which Factors Drive the Decision to Boycott and Opt Out of Research Rankings?

Michael Berlemann and Justus Haucap

3996: Public Good Provision with Robust Decision Making

Konstantinos Angelopoulos, George Economides and Apostolis Philippopoulos

3995: The Retirement of the Migrant Labor Force: Pension Portability and Beyond

Alain Jousten

3994: Alike in Many Ways: Intergenerational and Sibling Correlations of Brothers' Earnings

Paul Bingley and Lorenzo Cappellari

3993: The Effect of Additional Funds for Low-Ability Pupils - A Nonparametric Bounds Analysis

Monique De Haan

3992: Loan Regulation and Child Labor in Rural India

Basab Dasgupta and Christian Zimmermann

3991: Unemployment and Identity

Ronnie Schöb

3990: Archetypal Scientists

Christian Seiler and Klaus Wohlrabe

3989: On the Inclusion of the Chinese Renminbi in the SDR Basket

Agnès Benassy-Quere and Damien Capelle

3988: Liquidity, Term Spreads and Monetary Policy

Yunus Aksoy and Henrique Basso

3987: Institutional Determinants of Intergenerational Education Transmission - Comparing Alternative Mechanisms for Natives and Immigrants

Philipp Bauer and Regina Riphahn

3986: Breakthrough Renewables and the Green Paradox

Frederick (Rick) van der Ploeg

3985: Preferences, Rent Destruction and Multilateral Liberalisation: The Building Block Effect of CUSFTA

Tobias Ketterer, Daniel Bernhofen and Chris Milner

3984: Top Incomes, Rising Inequality, and Welfare

Kevin Lansing and Agnieszka Markiewicz

3983: Strategic Complexities in the Combinatorial Clock Auction

Vitali Gretschko, Stephan Knapek and Achim Wambach

3982: How to Tame two Leviathans? Revisiting the Effect of Direct Democracy on Local Public Expenditure

Sergio Galletta and Mario Jametti

3981: What Drives Immigration Amnesties?

Alessandra Casarico, Giovanni Facchini and Tommaso Frattini

3980: Ranking of VaR and ES Models: Performance in Developed and Emerging Markets

Saša Žiković and Randall Filer

3979: Job Search, Human Capital and Wage Inequality

Carlos Carrillo-Tudela

3978: Gasoline Content Regulation and Compliance among US Refineries

Ujjayant Chakravorty, Celine Nauges and Henry Thille

3977: Fueling Growth when Oil Peaks: Directed Technological Change and the Limits to Efficiency

Francisco André and Sjak Smulders

3976: A Nested Contest: Tullock Meets the All-pay Auction

J. Atsu Amegashie

3975: Fiscal Sustainability in the Presence of Systemic Banks: The Case of EU Countries

Agnès Benassy-Quere and Guillaume Roussellet

3974: Labor Income Responds Differently to Income-Tax and Payroll-Tax Reforms

Etienne Lehmann, François Marical and Laurence Rioux

3973: Optimal Taxation with Current and Future Cohorts

Hans Fehr and Fabian Kindermann

3972: Behavioral Biases and Long Term Care Annuities: A Political Economy Approach

Philippe De Donder and Marie-Louise Leroux

3971: Nineteenth Century US BMIs by Race: Socioeconomics and Biology

Scott A. Carson

3970: Profit Sharing and Relative Consumption

Laszlo Goerke

3969: The Generalized Alchian-Allen Theorem

Junichi Minagawa and Thorsten Upmann

3968: Target Losses in Case of a Euro Break-up

Hans-Werner Sinn

3967: Sorting into Outsourcing: Are Profits Taxed at a Gorilla's Arm's Length?

Christian Josef Bauer and Dominika Langenmayr

3966: Beyond Ramsey: Gender-Based Taxation with Non-Cooperative Couples

Volker Meier and Helmut Rainer

3965: Smaller Public Sectors in the Euro Area: Aggregate and Distributional Implications

George Economides, Dimitris Papageorgiou, Apostolis Philippopoulos and Vanghelis Vassilatos

3964: The Interest Rate Pass-Through in the Euro Area During the Global Financial Crisis

Nikolay Hristov, Oliver Hülsewig and Timo Wollmershäuser

3963: Reflections on Cluster Policies

Steven Brakman, Charles van Marrewijk and Charles van Marrewijk

3962: Eyes Wide Shut? The U.S. House Market Bubble through the Lense of Statistical Process Control

Michael Berlemann, Julia Freese and Sven Knoth

3961: Persistence in Youth Unemployment

Guglielmo Maria Caporale and Luis Gil-Alana

3960: The Economic Impact of Demographic Structure in OECD Countries

Yunus Aksoy, Tobias Grasl and Ronald Smith

3959: The Role of Economic Policy in Climate Change Adaptation

Kai Konrad and Marcel Thum

3958: Escaping the Repugnant Conclusion: Rank-Discounted Utilitarianism with Variable Population

Geir Asheim and Stéphane Zuber

3957: The Golden Hello and Political Transitions

Toke Aidt, Facundo Albornoz and Martin Gassebner

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