Economics Working Paper Series

From University of St. Gallen, School of Economics and Political Science
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1219: Statistical verification of a natural "natural experiment": Tests and sensitivity checks for the sibling sex ratio instrument

Martin Huber

1218: Orchestrating Contests with Heterogeneous Participants

Rudi Stracke

1217: Sanfter Paternalismus, meritorische Güter, und der normative Individualismus

Gebhard Kirchgässner

1216: Bankruptcy Law, Debt Portfolios, and Entrepreneurship

Jochen Mankart and Giacomo Rodano

1215: Rating agencies, self-fulfilling prophecy and multiple equilibria? An empirical model of the European sovereign debt crisis 2009-2011

Manfred Gärtner and Björn Griesbach

1214: Realized Copula

Matthias Fengler and Ostap Okhrin

1213: Identifying causal mechanisms in experiments (primarily) based on inverse probability weighting

Martin Huber

1212: Relaxing monotonicity in the identification of local average treatment effects

Martin Huber and Giovanni Mellace

1211: The (Un-) importance of Chapter 7 wealth exemption levels

Jochen Mankart

1210: Empirical pricing kernel estimation using a functional gradient descent algorithm based on splines

Francesco Audrino and Pirmin Meier

1209: When Do State-Owned Firms Crowd Out Private Investment?

Stefan Buehler and Simon Wey

1208: Optimal Prizes in Dynamic Elimination Contests: An Experimental Analysis

Rudi Stracke, Wolfgang Höchtl, Rudolf Kerschbamer and Uwe Sunde

1207: Eliciting Beliefs in Continuous-Choice Games: A Double Auction Experiment

Claudia Neri

1206: First- and Second-order Subjective Expectations in Strategic Decision-Making: Experimental Evidence

Claudia Neri and Charles Manski

1205: Should Europe Become a Fiscal Union?

Christian Keuschnigg

1204: A Short Note on Economic Development and Socioeconomic Inequality in Female Body Weight

Eva Deuchert, Sofie J. Cabus and Darjusch Tafreschi

1203: Globalization and Productivity in the Developing World

Reto Foellmi and Manuel Oechslin

1202: Missing in Asynchronicity: A Kalman-EM Approach for Multivariate Realized Covariance Estimation

Fulvio Corsi, Stefano Peluso and Francesco Audrino

1201: Welche Finanz- und Wirtschaftspolitik braucht Europa?

Christian Keuschnigg

1146A: Internet Appendix: The tempest: Using a natural disaster to evaluate the link between wealth and child development

Christina Felfe and Eva Deuchert

1146: The tempest: Using a natural disaster to evaluate the link between wealth and child development

Christina Felfe and Eva Deuchert

1145: Testing instrument validity in sample selection models

Martin Huber and Giovanni Mellace

1144: Optimal Fuel-Specific Carbon Pricing and Time Dimension of Leakage

Florian Habermacher

1143: Testing instrument validity for LATE identification based on inequality moment constraints

Martin Huber and Giovanni Mellace

1142: Corporate Taxes, Internal Borrowing, and the Lending Capacity within Multinational Firms

Peter Egger, Christian Keuschnigg, Valeria Merlo and Georg Wamser

1141: Would you train me with my mental illness? Evidence from a discrete choice experiment

Eva Deuchert, Lukas Kauer and Flurina Meisen Zannol

1140: The Income Body Weight Gradients in the Developing Economy of China

Darjusch Tafreschi

1139: Macroprudential Stress Testing of Credit Risk: A Practical Approach for Policy Makers

Daniel Buncic and Martin Melecký

1138: Volatility Forecasting: Downside Risk, Jumps and Leverage Effect

Francesco Audrino and Yujia Hu

1137: Intra- und intergenerative Gerechtigkeit in der Finanzpolitik

Christian Keuschnigg

1136: Semi-nonparametric estimation of the call price surface under strike and time-to-expiry no-arbitrage constraints

Matthias Fengler and Lin-Yee Hin

1135: Sport and Child Development

Christina Felfe, Michael Lechner and Andreas Steinmayr

1134: Sharp bounds on causal effects under sample selection

Martin Huber and Giovanni Mellace

1133: Trade Liberalization and Growth: Plant-Level Evidence from Switzerland

Stefan Bühler, Marco Helm and Michael Lechner

1132: Health and Economic Development - Evidence from the Introduction of Public Health Care

Anthony Strittmatter and Uwe Sunde

1131: Human Capital and Growth: Specification Matters

Uwe Sunde and Thomas Vischer

1130: Lame Ducks and Divided Government: How Voters Control the Unaccountable

Mark Schelker

1129: The Design of Capital Income Taxation: Reflections on the Mirrlees Review

Christian Keuschnigg

1128: "Where Ignorance is Bliss, 'tis Folly to be Wise": Transparency in Contests

Philipp Denter, John Morgan and Dana Sisak

1127: Inequality, Development, and the Stability of Democracy – Lipset and Three Critical Junctures in German History

Florian Jung and Uwe Sunde

1126: Do Long-term Unemployed Workers Benefit from Targeted Wage Subsidies

Benjamin Schuenemann, Michael Lechner and Conny Wunsch

1125: Konkordanz, Divided Government, und die Möglichkeit von Reformen

Gebhard Kirchgässner

1124: How Much Do Means-Tested Benefits Reduce the Demand for Annuities?

Monika Bütler, Kim Peijnenburg and Stefan Staubli

1123: Labour market integration and its effect on child labour

Manfred Gärtner

1122: Non-homothetic preferences, parallel imports and the extensive margin of international trade

Reto Föllmi, Christian Hepenstrick and Josef Zweimüller

1121: Enhancing the Efficiency of Water Supply: Product Market Competition versus Trade

Reto Föllmi and Urs Meister

1120: Teaching Macroeconomics after the Crisis: A Survey among Undergraduate Instructors in Europe and the U.S

Manfred Gärtner, Björn Griesbach and Florian Jung

1119: Life-Cycle Unemployment, Retirement and Parametric Pension Reform

Christian Keuschnigg and Walter Fisher

1118: The Law of Small Abatements: Prices over Quantities in Realistic Climate Policies

Florian Habermacher

1117: Persuading Consumers With Social Attitudes

Stefan Bühler and Daniel Halbheer

1116: Wissenschaftlicher Fortschritt in den Wirtschaftswissenschaften: Einige Bemerkungen

Gebhard Kirchgässner

1115: Econometric Estimates of Deterrence of the Death Penalty: Facts or Ideology

Gebhard Kirchgässner

1114: Democratization, Violent Social Conflicts, and Growth

Matteo Cervellati and Uwe Sunde

1113: Disease Environment and Civil Conflicts

Matteo Cervellati, Uwe Sunde and Simona Valmori

1112: Forecasting correlations during the late-2000s financial crisis: short-run component, long-run component, and structural breaks

Francesco Audrino

1111: Inequality Aversion and Antisocial Punishment

Christian Thöni

1110: Climate Effects of Carbon Taxes, Taking into Account Possible Other Future Climate Measures

Florian Habermacher and Gebhard Kirchgässner

1109: Quantile Regression in the Presence of Sample Selection

Martin Huber and Blaise Melly

1108: Democratization and Civil Liberties: The Role of Violence During the Transition

Matteo Cervellati, Piergiuseppe Fortunato and Uwe Sunde

1107: Kaderschmieden der Wirtschaft und/oder Universitäten? Der Auftrag der Wirtschaftsuniversitäten und -fakultäten im 21. Jahrhundert

Gebhard Kirchgässner

1106: PIGS or Lambs? The European Sovereign Debt Crisis and the Role of Rating Agencies

Manfred Gärtner, Björn Griesbach and Florian Jung

1105: Sensitivity of matching-based program evaluations to the availability of control variables

Michael Lechner and Conny Wunsch

1104: The closer the sportier? Children's sport activity and their distance to sport facilities

Andreas Steinmayr, Christina Felfe and Michael Lechner

1103: Job Polarization in the U.S.: A Reassessment of the Evidence from the 1980s and 1990s

Alexandru Lefter and Benjamin Sand

1102: Money Cycles

Andrew Clausen and Carlo Strub

1101: Temporal stability and psychological foundations of cooperation preferences

Stefan Volk, Christian Thoeni and Winfried Ruigrok