EconPol Working Paper

From ifo Institute - Leibniz Institute for Economic Research at the University of Munich
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73: Effects of Policy Mix on European Regional Convergence: Ignacio Sacristán López-Bravo and Carlos San Juan Mesonada
72: Fiscal and Current Account Imbalances: The Cases of Germany and Portugal: Antonio Afonso and José Coelho
71: Read My Lips? Taxes and Elections: Clemens Fuest, Klaus Gründler, Niklas Potrafke and Fabian Ruthardt
70: Labour Market Power and the Quest for an Optimal Minimum Wage: Evidence from Italy: Mauro Caselli, Jasmine Mondolo and Stefano Schiavo
69: 60%, -4% And 6%, a Tale of Thresholds for EU Fiscal and Current Account Developments: Antonio Afonso and José Coelho
68: Current Account Targeting Hypothesis versus Twin Deficit Hypothesis: The EMU Experience of Portugal: Antonio Afonso and José Coelho
67: European Structural Funds and Resilient and Recovery Facility Governance: Carlos San Juan Mesonada and Carlos Sunyer Manteiga
66: The Existential Trilemma of EMU in a Model of Fiscal Target Zone: Pompeo Della Posta and Roberto Tamborini
65: CO2 Emissions and Energy Technologies in Western Europe: J. Barrera-Santana, Gustavo Marrero, Luis Puch and Antonia Díaz
64: Calamities, Common Interests, Shared Identity: What Shapes Altruism and Reciprocity?: Cevat Giray Aksoy, Antonio Cabrales, Mathias Dolls, Ruben Durante and Lisa Windsteiger
63: What Are the Priorities of Bureaucrats? Evidence from Conjoint Experiments with Procurement Officials: Janne Tukiainen, Sebastian Blesse, Albrecht Bohne, Leonardo M. Giuffrida, Jan Jäässkeläinen, Ari Luukinen and Antti Sieppi
62: Do Financial Markets Reward Government Spending Efficiency?: Antonio Afonso, Joao Jalles and Ana Venâncio
61: Removing Welfare Traps: Employment Responses in the Finnish Basic Income Experiment: Jouko Verho, Kari Hämäläinen and Ohto Kanninen
60: Corruption and Economic Growth: Does the Size of the Government Matter?: Antonio Afonso and Eduardo de Sá Fortes Leitão Rodrigues
59: Survey-Based Structural Budget Balances: Marcell Göttert and Timo Wollmershäuser
58: Robots at Work? Pitfalls of Industry Level Data: Karim Bekhtiar, Benjamin Bittschi and Richard Sellner
57: The Role of Fiscal Policies for External Imbalances: Evidence from the European Union: Antonio Afonso and José Coelho
56: The Global Economic Impact of Politicians: Evidence from an International Survey RCT: Dorine Boumans, Klaus Gründler, Niklas Potrafke and Fabian Ruthardt
55: (Non-)Keynesian Effects of Fiscal Austerity: New Evidence from a Large Sample: Antonio Afonso, José Alves and Joao Jalles
54: International Transmission of Interest Rates: The Role of International Reserves and Sovereign Debt: Antonio Afonso, Florence Huart, Joao Jalles and Piotr Stanek
53: The Deserving and the Undeserving: "Heuristic" or "Automatism"?: Peter Grand and Guido Tiemann
52: Offshore Tax Evasion and Wealth Inequality: Evidence from a Tax Amnesty in the Netherlands: Wouter Leenders, Arjan Lejour, Simon Rabaté and Maarten van’t Riet
51: Structural Tax Reforms and Public Spending Efficiency: Antonio Afonso, Joao Jalles and Ana Venâncio
50: Government Spending Efficiency, Measurement and Applications: a CrossCountry Efficiency Dataset: Antonio Afonso, Joao Jalles and Ana Venâncio
49: Environmental Policy with Green Consumerism: Stefan Ambec and Philippe De Donder
48: Equilibrium Bitcoin Pricing: Bruno Biais, Christophe Bisière, Matthieu Bouvard, Catherine Casamatta and Albert Menkveld
47: European Structural and Investment Funds and Regional Convergence: The Impact of Public Deficit in Beta-Convergence: Carlos San Juan Mesonada and Carlos Sunyer Manteiga
46: The Size of Government: Antonio Afonso, Ludger Schuknecht and Vito Tanzi
45: Labor Productivity in State-Owned Enterprises: Antonio Afonso, Maria Guedes and Pankaj C. Patel
44: Markups in a Dual Labor Market: The Case of the Netherlands: Gerrit Hugo van Heuvelen, Leon Bettendorf and Gerdien Meijerink
43: Air Pollution & Migration: Exploiting a Natural Experiment from the Czech Republic: Štěpán Mikula and Mariola Pytlikova
42: How Important are Local Knowledge Spillovers of Public R&D and What Drives Them?: Leonie Koch and Martin Simmler
41: Taxation of Digital Platforms: Marko Köthenbürger
40: Sovereign Debt Crisis in Portugal and Spain: Antonio Afonso and Nuno Verdial
39: Fiscal Consolidation and Automatic Stabilization: New Results: Mathias Dolls, Clemens Fuest, Andreas Peichl and Christian Wittneben
38: Monetary Policy, Rational Confidence and Neo-Fisherian Depressions: Lucio Gobbi, Ronny Mazzocchi and Roberto Tamborini
37: Euro Area Reform Preferences of Central and Eastern European Economic Experts: Sebastian Blesse, Annika Havlik and Friedrich Heinemann
36: Ring-fencing Digital Corporations: Investor Reaction to the European Commission’s Digital Tax Proposals: Daniel Klein, Christopher Ludwig and Christoph Spengel
35: The Political Economy of Multilateral Lending to European Regions: Zareh Asatryan and Annika Havlik
34: The Social Costs of Side Trading: Andrea Attar, Thomas Mariotti and François Salanié
33: What Drives Chinese Overseas M&A Investment? Evidence from Micro Data: Clemens Fuest, Felix Hugger, Samina Sultan and Jing Xing
32: Bond Exchange Offers or Collective Action Clauses?: Ulrich Hege and Pierre Mella-Barral
31: The Effect of Grandchildren on Grandparental Labour Supply: Evidence from Europe: Andreas Backhaus and Mikkel Barslund
30: Fiscal Episodes in the EMU: Elasticities and Non-Keynesian Effects: Antonio Afonso and Frederico Leal
29: (Un)Intended Effects of Preferential Tax Regimes: The Case of European Patent Boxes: Marko Koethenbuerger, Federica Liberini and Michael Stimmelmayr
28: Balanced-Budget Fiscal Stimuli of Investment and Welfare Value: Cesare Dosi, Michele Moretto and Roberto Tamborini
27: Current Account Imbalances and the Euro Area: Alternative Views: Ronny Mazzocchi and Roberto Tamborini
26: Your Vote is (no) Secret! How Low Voter Density Harms Voter Anonymity and Biases Elections in Italy: Mauro Caselli and Paolo Falco
25: Taxation and Public Spending Efficiency: An International Comparison: Antonio Afonso, Joao Jalles and Ana Venâncio
24: Immigration and electoral support for the far-left and the far-right: Anthony Edo, Yvonne Giesing, Jonathan Öztunc and Panu Poutvaara
23: How “big” should government be?: Antonio Afonso and Ludger Schuknecht
22: The effects of macroeconomic, fiscal and monetary policy announcements on sovereign bond spreads: an event study from the EMU: Antonio Afonso, Joao Jalles and Mina Kazemi
21: On the political feasibility of increasing the legal retirement age: Benjamin Bittschi and Berthold U. Wigger
20: Stock ﬂow adjustments in sovereign debt dynamics: the role of fiscal frameworks: Antonio Afonso and Joao Jalles
19: International Competition and Rent Sharing in French Manufacturing: A Firm-Level Analysis: Lionel Nesta and Stefano Schiavo
18: Investment Incentives and Tax Competition under the Allowance for Growth and Investment (AGI): Seppo Kari, Jussi Laitila and Olli Ropponen
17: The EU Budget and Common Agricultural Policy Beyond 2020: Seven More Years of Money for Nothing?: Friedrich Heinemann and Stefani Weiss
16: Shadow Banking and the Four Pillars of Traditional Financial Intermediation: Emmanuel Farhi and Jean Tirole
15: Fragmentation and Strategic Market-Making: Laurence Daures (formerly Lescourret) and Sophie Moinas
14: Macroeconomic Imbalances and the Euro Zone. Alternative Views: Roberto Tamborini
13: Funding Constraints and Market Illiquidity in the European Treasury Bond Market: Sophie Moinas, Minh Nguyen and Giorgio Valente
12: The Role of Pre-Opening Mechanisms in Fragmented Markets: Selma Boussetta, Laurance Lescourret and Sophie Moinas
11: Attitudes towards Euro Area Reforms: Evidence from a Randomized Survey Experiment: Mathias Dolls and Nils Wehrhofer
10: Globalization and Electoral Outcomes: Evidence from Italy: Mauro Caselli, Andrea Fracasso and Silvio Traverso
9: Population Aging and Cross-Country Redistribution in Integrated Capital Markets: Thomas Davoine
8: Global Implications of U.S. Tax Reform: Jack Mintz
7: Dynamic Scoring of Tax Reforms in the European Union: Salvador Barrios, Mathias Dolls, Anamaria Mafei, Andreas Peichl, Sara Riscado, Janos Varga and Christian Wittneben
6: Addressing the Core-Periphery Imbalances in Europe: Resource Misallocation and Expansionary Fiscal Policies: Luigi Bonatti and Andrea Fracasso
5: We need more Europe in the Monetary Union. Which Europe? Hints from policy games: Luciano Andreozzi and Roberto Tamborini
4: The Case for Co-Financing the CAP: Friedrich Heinemann
3: Firm Responses to an Interest Barrier: Empirical Evidence: Jarkko Harju, Ilpo Kauppinen and Olli Ropponen
2: Europe at the Interdependence War: Roberto Tamborini
1: Deadly Embrace - Sovereign and Financial Balance Sheets Doom Loops: Emmanuel Farhi and Jean Tirole