CESifo Working Paper Series

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3512: Optimal Emission-Extraction Policy in a World of Scarcity and Irreversibility

Fabien Prieur, Mabel Tidball and Cees Withagen

3511: Social Preferences in the Lab: A Comparison of Students and a Representative Population

Alexander Cappelen, Knut Nygaard, Erik Sørensen and Bertil Tungodden

3510: Pattern Bargaining and Wage Leadership in a Small Open Economy

Lars Calmfors and Anna Larsson

3509: Would Global Patent Protection be too Weak without International Coordination?

Edwin Lai and Kit Ming Yan

3508: Manufacturers and Retailers in the Global Economy

Horst Raff and Nicolas Schmitt

3507: Strategic Complementarity, Fragility, and Regulation

Xavier Vives

3506: The Law and Economics of Enhancing Cartel Enforcement: Using Information from Non-Cartel Investigations to Prosecute Cartels

Vivek Ghosal

3505: Mechanical and Psychological Effects of Electoral Reform

Jon Fiva and Olle Folke

3504: The Distributional Consequences of Supply-Side Reforms in General Equilibrium

Konstantinos Angelopoulos, Bernardo Fernandez and Jim Malley

3503: Social Ideology and Taxes in a Differentiated Candidates Framework

Stefan Krasa and Mattias K Polborn

3502: Employment Growth, Inflation and Output Growth: Was Phillips Right? Evidence from a Dynamic Panel

Guglielmo Maria Caporale and Marinko Skare

3501: Symmetric and Asymmetric Committees

Ruth Ben-Yashar and Leif Danziger

3500: Target Loans, Current Account Balances and Capital Flows: The ECB’s Rescue Facility

Hans-Werner Sinn and Timo Wollmershäuser

3499: Knocking on Heaven's Door? Protestantism and Suicide

Sascha Becker, Ludger Woessmann and Sascha O. Becker

3498: The Relevance of Amenities and Agglomeration for Dutch Housing Prices

Harry Garretsen and Gerard Marlet

3497: Unemployment and Debt Dynamics in a Highly Indebted Small Open Economy

Burkhard Heer and Stefan Schubert

3496: Lobbying and Bribes - A Survey-Based Analysis of the Demand for Influence and Corruption

Morten Bennedsen, Sven Feldmann and David Lassen

3495: Proprietary Public Finance: On its Emergence and Evolution out of Anarchy

Stergios Skaperdas

3494: Coordinating Climate and Trade Policies: Pareto Efficiency and the Role of Border Tax Adjustments

Michael Keen and Christos Kotsogiannis

3493: How Much Do Means-Tested Benefits Reduce the Demand for Annuities?

Monika Bütler, Kim Peijnenburg and Stefan Staubli

3492: Endogenous Public Information and Welfare in Market Games

Xavier Vives

3491: Do Bubbles Lead to Overinvestment?: A Revealed Preference Approach

Bob Chirinko and Huntley Schaller

3490: Home Bank Intermediation of Foreign Direct Investment

Steven Poelhekke

3489: Legal Institutions, Innovation and Growth

Luca Anderlini, Leonardo Felli, Giovanni Immordino and Alessandro Riboni

3488: A Gift is not Always a Gift: Gift Exchange in a Voucher Experiment

Sascha Becker, Dolores Messer, Stefan Wolter and Sascha O. Becker

3487: Public Providers, versus Private Providers, of Public Goods: A General Equilibrium Study of the Role of the State

George Economides, Apostolis Philippopoulos and Vanghelis Vassilatos

3486: Real Effects of Quantitative Easing at the Zero-Lower Bound: Structural VAR-based Evidence from Japan

Heike Schenkelberg and Sebastian Watzka

3485: A Large-Market Rational Expectations Equilibrium Model

Xavier Vives

3484: Incomplete Contracts and the Impact of Globalization on Consumer Welfare

Fabrice Defever

3483: Incentive Schemes for Local Government: Theory and Evidence from Comprehensive Performance Assessment in England

Benjamin Lockwood and Francesco Porcelli

3482: Do Government Purchases Affect Unemployment?

Steinar Holden and Victoria Sparrman

3481: Health Employment, Medical Spending, and Long Term Health Reform

Mark V. Pauly and Anand Saxena

3480: How National and International Financial Development Affect Industrial R&D

Keith Maskus, Rebecca Neumann and Tobias Seidel

3479: What do we Know about the Relationship between Regionalized Aspects of the Unemployment Insurance System and Internal Migration in Canada?

Kathleen Day and Stanley Winer

3478: Migration and Social Insurance

Helmuth Cremer and Catarina Goulão

3477: Should Transportation Output be Included as Part of the Coincident Indicators System?

Kajal Lahiri and Wenxiong Yao

3476: Government Budget Deficits in Large Open Economies

Willem Buiter, Anne Sibert and Anne C. Sibert

3475: An Economic Theory of Foreign Interventions and Regime Change

Roberto Bonfatti

3474: Optimal Tariffs, Retaliation and the Welfare Loss from Tariff Wars in the Melitz Model

Gabriel Felbermayr, Benjamin Jung, Mario Larch and Gabriel J. Felbermayr

3473: Entrepreneurial Innovations and Taxation

Andreas Haufler, Pehr-Johan Norbäck and Lars Persson

3472: Should Local Public Employment Services be Merged with the Local Social Benefit Administrations?

Christian Holzner and Sonja Munz

3471: Labor Migration and the Case for Flat Tax

Tomer Blumkin, Efraim Sadka and Yotam Shem-Tov

3470: Persuading Consumers with Social Attitudes

Stefan Buehler and Daniel Halbheer

3469: Surfing Alone? The Internet and Social Capital: Evidence from an Unforeseeable Technological Mistake

Stefan Bauernschuster, Oliver Falck and Ludger Woessmann

3468: Incentives for Environmental R&D

Mads Greaker and Michael Hoel

3467: Migration and Trade

Peter Egger, Maximilian von Ehrlich and Douglas Nelson

3466: Unintended Detrimental Effects of Environmental Policy: The Green Paradox and Beyond

Edwin van der Werf and Corrado Di Maria

3465: Divide and Privatize: Firm Break-up and Performance

Evžen Kocenda, Jan Hanousek and Evžen Kočenda

3464: Hyperbolic Discounting and Positive Optimal Inflation

Liam Graham and Dennis Snower

3463: Workforce or Workfare?

Craig Brett and Laurence Jacquet

3462: Precommitted Government Spending and Partisan Politics

William Watkins and Henning Bohn

3461: What Drives Taxi Drivers? A Field Experiment on Fraud in a Market for Credence Goods

Loukas Balafoutas, Adrian Beck, Rudolf Kerschbamer and Matthias Sutter

3460: Tullock Challenges: Happiness, Revolutions and Democracy

Bruno Frey

3459: Explaining Early Adoption on New Medicines: Regulation, Innovation and Scale

Nebibe Varol, Joan Costa-i-Font and Alistair McGuire

3458: Voting under the Threat of Secession: Accommodation vs. Repression

Vincent Anesi and Philippe De Donder

3457: On a Three-Alternative Condorcet Jury Theorem

Johanna Goertz and Francois Maniquet

3456: A Fragile Eurozone in Search of a Better Governance

Paul De Grauwe

3455: Fertility, Female Labor Supply, and Family Policy

Hans Fehr and Daniela Ujhelyiova

3454: Does Conditionality Work? A Test for an Innovative US Aid Scheme

Hannes Öhler, Peter Nunnenkamp and Axel Dreher

3453: Has the EMU Reduced Wage Growth and Unemployment? Testing a Model of Trade Union Behaviour

Heiner Mikosch and Jan-Egbert Sturm

3452: Social Long Term Care Insurance and Redistribution

Helmuth Cremer and Pierre Pestieau

3451: Happiness as a Driver of Risk-Avoiding Behavior

Robert J. B. Goudie, Sach Mukherjee, Jan-Emmanuel De Neve, Andrew Oswald and Stephen Wu

3450: Asymmetric Obligations

Nadine Riedel and Hannah Schildberg-Hörisch

3449: China and its Dollar Exchange Rate: A Worldwide Stabilizing Influence?

Ronald McKinnon and Gunther Schnabl

3448: Racial/Ethnic and Education-Related Disparities in Control of Risk Factors for Cardiovascular Disease among Diabetics

Pinka Chatterji, Heesoo Joo and Kajal Lahiri

3447: Beyond the DSGE Straitjacket

Mohammad Pesaran and Ronald Smith

3446: Lobbying for Education in a Two-sector Model

Debora Di Gioacchino and Paola Profeta

3445: Market Effects of Voluntary Climate Action by Firms: Evidence from the Chicago Climate Exchange

Will Gans and Beat Hintermann

3444: Time-consistent Fiscal Policy under Heterogeneity: Conflicting or Common Interests?

Konstantinos Angelopoulos, Jim Malley and Apostolis Philippopoulos

3443: Econometric Estimates of Deterrence of the Death Penalty: Facts or Ideology?

Gebhard Kirchgässner

3442: Intra-Household Work Timing: The Effect on Joint Activities and the Demand for Child Care

Chris Klaveren, Henriette Maassen van den Brink, Bernard M.S. Van Praag and Bernard M.S. van Praag

3441: Does Pharmaceutical Price Regulation Affect the Adoption of Generic Competition? Evidence from the OECD, 1999-2008

Joan Costa-i-Font, Alistair McGuire and Nebibe Varol

3440: The Impact of Creditor Protection on Stock Prices in the Presence of Credit Crunches

Galina Hale, Assaf Razin and Hui Tong

3439: Do Cost-sharing and Entry Deregulation Curb Pharmaceutical Innovation?

Volker Grossmann

3438: What Lessons for Economic Development Can We Draw from the Champagne Fairs?

Jeremy Edwards and Sheilagh Ogilvie

3437: Tax Rate Harmonization, Renegotiation and Asymmetric Tax Competition for Profits with Repeated Interaction

Wolfgang Eggert and Jun-ichi Itaya

3436: Shutting the Stable Door after the Horse Has Bolted? On Educational Risk and the Quality of Education

Dirk Schindler and Benjamin Weigert

3435: Growth, Expectations, and Tariffs

Seppo Honkapohja, Arja H. Turunen-Red and Alan Woodland

3434: How Prediction Markets can Save Event Studies

Erik Snowberg, Justin Wolfers and Eric Zitzewitz

3433: What are the Effects of Tax Changes in the United Kingdom? New Evidence from a Narrative Evaluation

James Cloyne

3432: Political versus Economic Institutions in the Growth Process

Emmanuel Flachaire, Cecilia García-Peòalosa and Maty Konte

3431: Numerical Solution of Dynamic Equilibrium Models under Poisson Uncertainty

Olaf Posch and Timo Trimborn

3430: Does Parental Education Affect Fertility? Evidence from Pre-Demographic Transition Prussia

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

3429: Guest-Worker Migration, Human Capital and Fertility

Leonid Azarnert

3428: Community Enterprises - An Institutional Innovation

Bruno Frey, Roger Lüthi and Margit Osterloh

3427: Welfare-optimal Status Planning of Minority Languages: An Economic Approach

Bengt-Arne Wickström

3426: The Effect of Agglomeration Size on Local Taxes

Eva Luthi and Kurt Schmidheiny

3425: Selection Biases in Complementary R&D Projects

Jay Choi and Heiko Gerlach

3424: Contingent Trade Policy and Economic Efficiency

Phillip McCalman, Frank Stähler and Gerald Willmann

3423: On Identification of Bayesian DSGE Models

Gary Koop, Mohammad Pesaran and Ronald Smith

3422: Learning or Lock-in: Optimal Technology Policies to Support Mitigation

Matthias Kalkuhl, Ottmar Edenhofer and Kai Lessmann

3421: Competition for the International Pool of Talent: Education Policy and Student Mobility

Alexander Haupt, Tim Krieger and Thomas Lange

3420: The Euro/Dollar Exchange Rate: Chaotic or Non-Chaotic?

Daniela Federici and Giancarlo Gandolfo

3419: Volunteering and the Strategic Value of Ignorance

Florian Morath

3418: The Dependence Structure between Carbon Emission Allowances and Financial Markets - A Copula Analysis

Marc Gronwald, Janina Ketterer and Stefan Trück

3417: Workers of the World, Unite! Franchise Extensions and the Threat of Revolution in Europe, 1820-1938

Toke Aidt and Peter Jensen

3416: Fractional Integration and Cointegration in US Financial Time Series Data

Guglielmo Maria Caporale and Luis Gil-Alana

3415: Student and Worker Mobility under University and Government Competition

Matthieu Delpierre and Bertrand Verheyden

3414: Towards a Theory of Trade Finance

Tim Schmidt-Eisenlohr

3413: Measuring the Integration of Staple Food Markets in Sub-Saharan Africa: Heterogeneous Infrastructure and Cross Border Trade in the East African Community

Rico Ihle, Stephan von Cramon-Taubadel and Sergiy Zorya