CESifo Working Paper Series

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2555: The Role of Mobility in Tax and Subsidy Competition

Alexander Haupt and Tim Krieger

2554: Wage Rigidity, Institutions, and Inflation

Steinar Holden and Fredrik Wulfsberg

2553: Political Persistence, Connections and Economic Growth

Giorgio Bellettini, Carlotta Berti Ceroni and Giovanni Prarolo

2552: Vacancy Referrals, Job Search, and the Duration of Unemployment: A Randomized Experiment

Per Engström, Patrik Hesselius and Bertil Holmlund

2551: Surviving the Titanic Disaster: Economic, Natural and Social Determinants

Bruno Frey, David A. Savage and Benno Torgler

2550: Asymmetric and Non-Linear Adjustments in Local Fiscal Policy

Gabriella Legrenzi

2549: Deterrence through Word of Mouth

Johannes Rincke and Christian Traxler

2548: Money Matters - Evidence from a Large-Scale Randomized Field Experiment with Vouchers for Adult Training

Dolores Messer and Stefan Wolter

2547: Airline Emission Charges: Effects on Airfares, Service Quality, and Aircraft Design

Jan Brueckner and Anming Zhang

2546: Economic and Political Determinants of Budget Deficits in the European Union: A Dynamic Random Coefficient Approach

Ali Bayar and Bram Smeets

2545: Volatility Spillovers and Contagion from Mature to Emerging Stock Markets

John Beirne, Guglielmo Maria Caporale, Marianne Schulze-Ghattas and Nicola Spagnolo

2544: Consumption Risk Sharing over the Business Cycle: the Role of Small Firms' Access to Credit Markets

Mathias Hoffmann and Iryna Shcherbakova

2543: Variable Selection and Inference for Multi-period Forecasting Problems

Mohammad Pesaran, Andreas Pick and Allan Timmermann

2542: Carbon Leakage, the Green Paradox and Perfect Future Markets

Thomas Eichner and Rüdiger Pethig

2541: Age at School Entry and Intergenerational Educational Mobility

Philipp Bauer and Regina Riphahn

2540: FDI and Taxation: A Meta-Study

Lars Feld and Jost Henrich Heckemeyer

2539: Application of Stochastic Optimal Control to Financial Market Debt Crises

Jerome L. Stein

2538: Optimal Provision of Public Goods: A Synthesis

Claus Kreiner and Nicolaj Verdelin

2537: Chinese Experience with Global G3 Standard-Setting

John Whalley, Weimin Zhou and Xiaopeng An

2536: Antidumping as Strategic Trade Policy Under Asymmetric Information

Xenia Matschke and Anja Schöttner

2535: What Drives Corporate Tax Rates Down? A Reassessment of Globalization, Tax Competition, and Dynamic Adjustment to Shocks

Michael Overesch and Johannes Rincke

2534: Strategic Interactions between Fiscal and Monetary Authorities in a Multi-Country New-Keynesian Model of a Monetary Union

Tomasz Michalak, Jacob Engwerda and Joseph Plasmans

2533: The Role of Profit Sharing in a Dual Labour Market with Flexible Outsourcing

Erkki Koskela and Jan König

2532: Common Trends and Common Cycles among Interest Rates of the G7-Countries

Nannette Lindenberg and Frank Westermann

2531: Academics Appreciate Awards - A New Aspect of Incentives in Research

Bruno Frey and Susanne Neckermann

2530: Neutral Taxation of Shareholder Income? Corporate Responses to an Announced Dividend Tax

Annette Alstadsæter and Erik Fjaerli

2529: Optimal Taxation of Risky Human Capital

Bas Jacobs, Dirk Schindler and Hongyan Yang

2528: Trade and Geography: Paul Krugman and the 2008 Nobel Prize in Economics

Steven Brakman and Harry Garretsen

2527: Securitization of Mortgage Debt, Asset Prices and International Risk Sharing

Mathias Hoffmann and Thomas Nitschka

2526: Trade Retaliation in a Monetary-Trade Model

John Whalley, Jun Yu and Shunming Zhang

2525: The Stability of Downtown Parking and Traffic Congestion

Richard Arnott and Eren Inci

2524: Do Better Schools Lead to More Growth? Cognitive Skills, Economic Outcomes, and Causation

Eric A. Hanushek and Ludger Woessmann

2523: Reforming Pensions

Nicholas Barr and Peter Diamond

2522: Electoral Control when Policies are for Sale

Etienne Farvaque and Gael Lagadec

2521: Sustainability and Discounted Utilitarianism in Models of Economic Growth

Geir Asheim and Tapan Mitra

2520: The 2008 Chilean Reform to First-Pillar Pensions

Salvador Valdés

2519: The Determinants of Economic Growth in European Regions

Jesús Crespo-Cuaresma, Gernot Doppelhofer and Martin Feldkircher

2518: 'Large' vs. 'Small' Players: A Closer Look at the Dynamics of Speculative Attacks

Geir Bjønnes, Steinar Holden, Dagfinn Rime and Haakon O. Aa. Solheim

2517: How Low Business Tax Rates Attract Multinational Headquarters: Municipality-Level Evidence from Germany

Sascha Becker, Peter Egger, Valeria Merlo and Sascha O. Becker

2516: The Quantity and Quality of Teachers: A Dynamic Trade-off

Gregory Gilpin and Michael Kaganovich

2515: Awards in Economics - Towards a New Field of Inquiry

Bruno Frey and Susanne Neckermann

2514: The Relevance of Judicial Procedure for Economic Growth

Bernd Hayo and Stefan Voigt

2513: Educational and Wage Risk: Social Insurance vs. Quality of Education

Dirk Schindler and Benjamin Weigert

2512: International Migration, Transfers of Norms and Home Country Fertility

Michel Beine, Frédéric Docquier and Maurice Schiff

2511: The East German Wage Structure after Transition

Robert Orlowski and Regina Riphahn

2510: Welfare Implications of Public Education Spending Rules

Konstantinos Angelopoulos, Jim Malley and Apostolis Philippopoulos

2509: The Demands for Environmental Regulation and for Trade in the Presence of Private Mitigation

Louis Hotte and Stanley Winer

2508: Work Incentives? Ex Post Effects of Unemployment Insurance Sanctions - Evidence from West Germany

Barbara Hofmann

2507: Sequential Estimation of Structural Models with a Fixed Point Constraint

Hiroyuki Kasahara and Katsumi Shimotsu

2506: How do Migrants Choose their Destination Country? An Analysis of Institutional Determinants

Wido Geis-Thöne, Silke Uebelmesser and Martin Werding

2505: Uncertain Bequest Needs and Long-Term Insurance Contracts

Wenan Fei, Claude Fluet and Harris Schlesinger

2504: Cross-Country Income Differences and Technology Diffusion in a Competitive World

Andreas Irmen

2503: International Taxation and Multinational Firm Location Decisions

Salvador Barrios, Harry Huizinga, Luc Laeven, Gaëtan J.A. Nicodème and Gaëtan J.A. Nicodeme

2502: Heterogeneity in Exchange Rate Expectations: Evidence on the Chartist-Fundamentalist Approach

Lukas Menkhoff, Rafael R. Rebitzky and Michael Schröder

2501: Boon or Bane? Others' Unemployment, Well-being and Job Insecurity

Andrew Clark, Andreas Knabe and Steffen Rätzel

2500: Debt Maturity without Commitment

Dirk Niepelt

2499: Fiscal Competition over Taxes and Public Inputs: Theory and Evidence

Sebastian Hauptmeier, Ferdinand Mittermaier and Johannes Rincke

2498: Pension Benefit Insurance and Pension Plan Portfolio Choice

Thomas Crossley and Mario Jametti

2497: Nineteenth Century Black and White US Statures: The Primary Sources of Vitamin D and their Relationship with Height

Scott A. Carson

2496: Gift Exchange in the Workplace: Money or Attention?

Robert Dur

2495: Going NUTS: The Effect of EU Structural Funds on Regional Performance

Sascha Becker, Peter Egger, Maximilian von Ehrlich, Robert Fenge and Sascha O. Becker

2494: Minimum Wages and their Alternatives: A Critical Assessment

Andreas Knabe and Ronnie Schöb

2493: It's the Media, Stupid - How Media Activity Shapes Public Spending

Christian Bruns and Oliver Himmler

2492: Bush Meets Hotelling: Effects of Improved Renewable Energy Technology on Greenhouse Gas Emissions

Michael Hoel

2491: Social Preferences, Beliefs, and the Dynamics of Free Riding in Public Good Experiments

Urs Fischbacher and Simon Gaechter

2490: Economic Geography and Economic Development in Sub-Saharan Africa

Maarten Bosker and Harry Garretsen

2489: Selfish and Prospective: Theory and Evidence of Pocketbook Voting

Mikael Elinder, Henrik Jordahl and Panu Poutvaara

2488: Social Security Systems, Human Capital, and Growth in a Small Open Economy

Michael Kaganovich and Volker Meier

2487: Exploring Higher-Order Risk Effects

Cary Deck and Harris Schlesinger

2486: The Apple doesn't Fall far from the Tree: Location of Start-Ups Relative to Incumbents

Oliver Falck, Michael Fritsch and Stephan Heblich

2485: A Spatial Cliff-Ord-type Model with Heteroskedastic Innovations: Small and Large Sample Results

Irani Arraiz, David Drukker, Harry H. Kelejian and Ingmar Prucha

2484: Strategic Consolidation under Formula Apportionment

Thiess Büttner, Nadine Riedel and Marco Runkel

2483: Politicians: Be Killed or Survive

Bruno Frey and Benno Torgler

2482: Social Welfare and Coercion in Public Finance

Stanley Winer, George Tridimas and Walter Hettich

2481: Optimal Redistributive Taxation and Provision of Public Input Goods in an Economy with Outsourcing and Unemployment

Thomas Aronsson and Erkki Koskela

2480: Population, Pensions, and Endogenous Economic Growth

Burkhard Heer and Andreas Irmen

2479: Demographic, Residential, and Socioeconomic Effects on the Distribution of 19th Century African-American Stature

Scott A. Carson

2478: The Rich Demystified - A Reply to Bach, Corneo, and Steiner (2008)

Martin Jacob, Rainer Niemann and Martin Weiss

2477: Corporate Income Tax and Economic Distortions

Gaëtan J.A. Nicodème and Gaëtan J.A. Nicodeme

2476: Social Interaction, Co-Worker Altruism, and Incentives

Robert Dur and Joeri Sol

2475: Gotcha! A Profile of Smuggling in International Trade

Helge Berger and Volker Nitsch

2474: Growth, Foreign Direct Investment and Urban Concentrations: Unbundling Spatial Lags

Steven Poelhekke and Frederick (Rick) van der Ploeg

2473: High-Frequency Analysis of Foreign Exchange Interventions: What do we learn?

Lukas Menkhoff

2472: Employment Protection versus Flexicurity: On Technology Adoption in Unionised Firms

Kjell Lommerud and Odd Rune Straume

2471: Exchange Rate Regime and Wage Determination in Central and Eastern Europe

Gunther Schnabl and Christina Ziegler

2470: Reducing the Excess Burden of Subsidizing the Stork: Joint Taxation, Individual Taxation, and Family Tax Splitting

Volker Meier and Matthias Wrede

2469: Ageing Municipalities, Gerontocracy and Fiscal Competition

Anna Montén and Marcel Thum

2468: Parents' Desire to Make Equal Inter Vivos Transfers

Elin Halvorsen and Thor Thoresen

2467: Apportioning of Risks via Stochastic Dominance

Louis Eeckhoudt, Harris Schlesinger and Ilia Tsetlin

2466: Growth and the Ageing Joneses

Walter Fisher and Ben J. Heijdra

2465: The Great Risk Shift? Income Volatility in an International Perspective

Claudia Buch

2464: Intellectual Property Rights, Technology Transfer and Exports in Developing Countries

Lei Yang and Keith Maskus

2463: The Extension of Clusters: Difference-in-Differences Evidence from the Bavarian State-Wide Cluster Policy

Oliver Falck, Stephan Heblich and Stefan Kipar

2462: The Influence of Labor Taxes on the Migration of Skilled Workers

Peter Egger, Doina Radulescu and Doina Maria Radulescu

2461: The Political Economy of Two-tier Reforms of Employment Protection in Europe

Wolfgang Ochel

2460: Learning from the Past: Trends in Executive Compensation over the Twentieth Century

Carola Frydman

2459: The War on Illegal Drugs in Producer and Consumer Countries: A Simple Analytical Framework

Daniel Mejia

2458: Bringing the Copenhagen Global Climate Change Negotiations to Conclusion

John Whalley and Sean Walsh

2457: Scarring or Scaring? The Psychological Impact of Past Unemployment and Future Unemployment Risk

Andreas Knabe and Steffen Rätzel

2456: Thin-Capitalization Rules and Company Responses Experience from German Legislation

Alfons J. Weichenrieder, Helen Windischbauer and Alfons Weichenrieder