CESifo Working Paper Series

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2055: What Can Go Wrong Will Go Wrong: Birthday Effects and Early Tracking in the German School System

Hendrik Jürges and Kerstin Schneider

2054: Federal Tax-Transfer Policy and Intergovernmental Pre-Commitment

Marko Köthenbürger

2053: Imperfect Transmission of Tacit Knowledge and other Barriers to Entrepreneurship

Vesa Kanniainen and Panu Poutvaara

2052: A Microfounded Sectoral Model for Open Economies

Jorge Fornero, Tomasz Michalak and Joseph Plasmans

2051: A Role Model for China? Exchange Rate Flexibility and Monetary Policy in Japan

Gunther Schnabl and Christian Danne

2050: Please Bring me the New York Times – On the European Roots of Richard Abel Musgrave

Hans-Werner Sinn

2049: The Effect of Information and Communication Technologies on Urban Structure

Yannis Ioannides, Henry Overman, Esteban Rossi-Hansberg and Kurt Schmidheiny

2048: Fiscal Competition in Space and Time: An Endogenous-Growth Approach

Daniel Becker and Michael Rauscher

2047: It is a Theft but not a Crime

Alessandro Balestrino

2046: Long Run and Cyclical Dynamics in the US Stock Market

Guglielmo Maria Caporale and Luis Gil-Alana

2045: Does High Inflation Cause Central Bankers to Lose their Job? Evidence Based on a New Data Set

Axel Dreher, Jakob de Haan, Jan-Egbert Sturm and Jakob de Haan

2044: Monetary Policy and Swedish Unemployment Fluctuations

Annika Alexius and Bertil Holmlund

2043: Profit Shifting in the EU: Evidence from Germany

Alfons J. Weichenrieder and Alfons Weichenrieder

2042: Is the Notification of Monitoring a Threat to the Unemployed? A Regression Discontinuity Approach

Bart Cockx and Muriel Dejemeppe

2041: Labor Market Regulation and the Legal System

Carsten Hefeker and Michael Neugart

2040: Service Offshoring and White-Collar Employment

Rosario Crino

2039: The Price Puzzle Revisited: Can the Cost Channel Explain a Rise in Inflation after a Monetary Policy Shock?

Steffen Henzel, Oliver Hülsewig, Eric Mayer and Timo Wollmershäuser

2038: Adding Geography to the New Economic Geography

Maarten Bosker, Steven Brakman, Harry Garretsen and Marc Schramm

2037: Public Education Expenditure, Growth and Welfare

Konstantinos Angelopoulos, Jim Malley and Apostolis Philippopoulos

2036: Inflation and Output Dynamics in a Model with Labor Market Search and Capital Accumulation

Burkhard Heer and Alfred Maussner

2035: Determinants of Direct Democracy

Nadia Fiorino and Roberto Ricciuti

2034: International Outsourcing under Monopolistic Competition: Winners and Losers

Viet Do and Ngo Long

2033: Atomistic Congestion Tolls at Concentrated Airports? Seeking a Unified View in the Internalization Debate

Jan Brueckner and Kurt Van Dender

2032: Resale Price Maintenance and Restrictions on Dominant Firm and Industry-Wide Adoption

Øystein Foros, Hans Jarle Kind and Greg Shaffer

2031: Strategic Tax Collection and Fiscal Decentralisation: The Case of Russia

Lars Feld and Alexander Libman

2030: Social Exchange and Common Agency in Organizations

Robert Dur and Hein Roelfsema

2029: Patterns of Current Account Adjustment – Insights from Past Experience

Bernardina Algieri and Thierry Bracke

2028: Labour Market Rigidities, Financial Integration and International Risk Sharing in the OECD

Jarko Fidrmuc, Neil Foster-McGregor and Johann Scharler

2027: Strategic R&D with Knowledge Spillovers and Endogenous Time to Complete

Peter Kort, Ruslan Lukach and Joseph Plasmans

2026: Leaky Bucket in the Real World: Estimating Inequality Aversion Using Survey Data

Jukka Pirttilä and Roope Uusitalo

2025: The Economics of Politically Connected Firms

Jay Choi and Marcel Thum

2024: Tax Progression under Collective Wage Bargaining and Individual Effort Determination

Erkki Koskela and Ronnie Schöb

2023: Exchange Rate Volatility and Growth in Emerging Europe and East Asia

Gunther Schnabl

2022: Biodiversity and Geography

Edward Barbier and Michael Rauscher

2021: Size and Development of the Shadow Economy and of Do-it-yourself Activities in Germany

Andreas Bühn, Alexander Karmann and Friedrich Schneider

2020: Transfer Pricing or Formula Apportionment? Tax-Induced Distortions of Multinationals’ Investment and Production Decisions

Jan Thomas Martini, Rainer Niemann and Dirk Simons

2019: Overprotected Politicians

Bruno Frey

2018: Endogenous Skill Formation and the Source Country Effects of International Labor Market Integration

Hartmut Egger, Gabriel Felbermayr and Gabriel J. Felbermayr

2017: The Economic Effects of Constitutions: Replicating – and Extending – Persson and Tabellini

Lorenz Blume, Jens Müller, Stefan Voigt and Carsten Wolf

2016: The Growth Effect of Democracy: Is it Heterogenous and how can it be Estimated?

Torsten Persson and Guido Tabellini

2015: Effects of Innovation on Employment: A Dynamic Panel Analysis

Stefan Lachenmaier and Horst Rottmann

2014: Rules of Proof, Courts, and Incentives

Dominique Demougin and Claude Fluet

2013: Greasing the Wheels of Entrepreneurship? The Impact of Regulations and Corruption on Firm Entry

Axel Dreher and Martin Gassebner

2012: On the Evolution of Market Institutions: The Platform Design Paradox

Carlos Alós-Ferrer, Georg Kirchsteiger and Markus Walzl

2011: Negative Intra-Group Externalities in Two-Sided Markets

Paul Belleflamme and Eric Toulemonde

2010: Lumpy Price Adjustments: A Microeconometric Analysis

Emmanuel Dhyne, Catherine Fuss, Mohammad Pesaran and Patrick Sevestre

2009: Downward Nominal Wage Rigidity in the OECD

Steinar Holden and Fredrik Wulfsberg

2008: Judiciaries in Corrupt Societies

Mikael Priks

2007: Macroeconomic Consequences of Distributional Conflicts

Andreas Schäfer and Thomas Steger

2006: Preemption, Start-Up Decisions and the Firms’ Capital Structure

Michele Moretto and Paolo Panteghini

2005: Income Taxation of Couples and the Tax Unit Choice

Helmuth Cremer, Jean-Marie Lozachmeur and Pierre Pestieau

2004: Migrating Football Players, Transfer Fees and Migration Controls

Harrie A. A Verbon

2003: Incorporating Affirmative Action into the Welfare State

Tomer Blumkin, Yoram Margalioth and Efraim Sadka

2002: The Looks of a Winner: Beauty, Gender, and Electoral Success

Niclas Berggren, Henrik Jordahl and Panu Poutvaara

2001: Monetary Commitment, Institutional Constraints and Inflation: Empirical Evidence for OECD Countries since the 1970s

Andreas Freytag and Friedrich Schneider

2000: Firm Heterogeneity and the Labour Market Effects of Trade Liberalisation

Hartmut Egger and Udo Kreickemeier

1999: Political Pressures and Monetary Mystique

Petra Geraats

1998: The Fisher/Cobb-Douglas Paradox, Factor Shares, and Cointegration

Bob Chirinko and Debdulal Mallick

1997: Equal Sacrifice and Fair Burden Sharing in a Public Goods Economy

Wolfgang Buchholz and Wolfgang Peters

1996: Moral Hazard and the Composition of Transfers: Theory with an Application to Foreign Aid

J. Atsu Amegashie, Bazoumana Ouattara and Eric Strobl

1995: Leniency Programs in a Multimarket Setting: Amnesty Plus and Penalty Plus

Catherine Roux and Thomas von Ungern-Sternberg

1994: The International Economics of Natural Resources and Growth

Thorvaldur Gylfason

1993: Bribery vs. Extortion: Allowing the Lesser of two Evils

Fahad Khalil, Jacques Lawarree and Sungho Yun

1992: The Behavior of the Maximum Likelihood Estimator of Dynamic Panel Data Sample Selection Models

Wladimir Raymond, Pierre Mohnen, Franz Palm and Sybrand Schim van der Loeff

1991: Pricing the Ecosystem and Taxing Ecosystem Services: A General Equilibrium Approach

Thomas Eichner and Rüdiger Pethig

1990: Globalization and the Price Decline of Illicit Drugs

Cláudia Costa Storti and Paul De Grauwe

1989: Deterministic versus Stochastic Seasonal Fractional Integration and Structural Breaks

Guglielmo Maria Caporale, Juncal Cuñado and Luis Gil-Alana

1988: Equilibrium Unemployment with Outsourcing and Wage Solidarity under Labour Market Imperfections

Erkki Koskela and Rune Stenbacka

1987: Was Weber Wrong? A Human Capital Theory of Protestant Economic History

Sascha Becker, Ludger Woessmann and Sascha O. Becker

1986: The EU Budget Dispute – A Blessing in Disguise?

Ondrej Schneider

1985: Hierarchical Structure in Brazilian Industrial Firms: An Econometric Study

Luis Otávio Facanha and Marcelo Resende

1984: Diagnostic Tests of Cross Section Independence for Nonlinear Panel Data Models

Cheng Hsiao, Mohammad Pesaran and Andreas Pick

1983: Are Real Wages Rigid Downwards?

Steinar Holden and Fredrik Wulfsberg

1982: Real Options and Human Capital Investment

Bas Jacobs

1981: Fundamental Determinants of School Efficiency and Equity: German States as a Microcosm for OECD Countries

Ludger Woessmann

1980: Optimal Regulation of Auditing

Marco Pagano and Giovanni Immordino

1979: The Role of Immigration in Sustaining the Social Security System: A Political Economy Approach

Edith Sand and Assaf Razin

1978: Jointness of Growth Determinants

Gernot Doppelhofer and Melvyn Weeks

1977: Exports, Unemployment and the Welfare State

Eckhard Janeba

1976: Competition for Firms in an Oligopolistic Industry: Do Firms or Countries Have to Pay?

Andreas Haufler and Ian Wooton

1975: Health during Industrialization: Evidence from the 19th Century Pennsylvania State Prison System

Scott A. Carson

1974: Retirement, Pensions, and Ageing

Ben J. Heijdra and Ward Romp

1973: Prudent Budgetary Policy: Political Economy of Precautionary Taxation

Frederick (Rick) van der Ploeg

1972: Commuting Subsidies with two Transport Modes

Rainald Borck and Matthias Wrede

1971: Financial Stability and Monetary Policy – A Framework

Gerhard Illing

1970: Gains and Losses of India-China Trade Cooperation – a Gravity Model Impact Analysis

Swapan K. Bhattacharya and Biswanath Bhattacharyay

1969: Intergenerational Risk-Sharing and Risk-Taking of a Pension Fund

Christian Gollier

1968: Does Centralization Affect the Number and Size of Lobbies?

Michela Redoano

1967: Efficient CO2 Emissions Control with National Emissions Taxes and International Emissions Trading

Thomas Eichner and Rüdiger Pethig

1966: Optimal Monitoring to Implement Clean Technologies when Pollution is Random

Ines Macho-Stadler and David Perez-Castrillo

1965: FDI Determination and Corporate Tax Competition in a Volatile World

Mauro Ghinamo, Paolo Panteghini and Federico Revelli

1964: It’s a Big World After All

Steven Brakman, Charles van Marrewijk and Charles van Marrewijk

1963: Anti-Competitive Conduct, In-House R&D, and Growth

Volker Grossmann and Thomas Steger

1962: Modeling Optimism and Pessimism in the Foreign Exchange Market

Paul De Grauwe and Pablo Rovira Kaltwasser

1961: Dutch Disease Scare in Kazakhstan: Is it real?

Balázs Égert and Carol Leonard

1960: Behavior under Social Pressure: Empty Italian Stadiums and Referee Bias

Per Pettersson-Lidbom and Mikael Priks

1959: Intercompany Loans and Profit Shifting – Evidence from Company-Level Data

Thiess Büttner and Georg Wamser

1958: Majority-efficiency and Competition-efficiency in a Binary Policy Model

Stefan Krasa and Mattias K Polborn

1957: What Explains Germany’s Rebounding Export Market Share?

Stephan Danninger and Fred Joutz

1956: Smoking and Social Interaction

Panu Poutvaara and Lars-Hinrich Siemers