CESifo Working Papers
CESifo working papers are available worldwide through this website, SSRN, RePEc, and EconStor. All papers can be downloaded free of charge.
![Buehne_CESifoWP.jpg](https://cesifo.org/sites/default/files/styles/1_to_1__600x600/public/2019-05/Buehne_CESifoWP.jpg?h=9ee013d6&itok=M1w-ftNl&c=1689235842)
11175 hits:
![A Note on the Computation of the Equity Premium and the Market Value of Firm Equity A Note on the Computation of the Equity Premium and the Market Value of Firm Equity](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3042.jpg?c=1689236903)
A Note on the Computation of the Equity Premium and the Market Value of Firm Equity
Working Paper
A Note on the Computation of the Equity Premium and the Market Value of Firm Equity
Burkhard Heer, Alfred Maussner
CESifo, Munich, 2010
CESifo Working Paper No. 3042
CESifo, Munich, 2010
CESifo Working Paper No. 3042
![Multinational Capital Structure and Tax Competition Multinational Capital Structure and Tax Competition](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3041.jpg?c=1689237049)
Multinational Capital Structure and Tax Competition
Working Paper
Multinational Capital Structure and Tax Competition
Matthias Wrede
CESifo, Munich, 2010
CESifo Working Paper No. 3041
CESifo, Munich, 2010
CESifo Working Paper No. 3041
![Tax Incentives, Bequest Motives, and the Demand for Life Insurance: Evidence from two Natural Experiments in Germany Tax Incentives, Bequest Motives, and the Demand for Life Insurance: Evidence from two Natural Experiments in Germany](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3040.jpg?c=1689237090)
Tax Incentives, Bequest Motives, and the Demand for Life Insurance: Evidence from two Natural Experiments in Germany
Working Paper
Tax Incentives, Bequest Motives, and the Demand for Life Insurance: Evidence from two Natural Experiments in Germany
Nicolas Sauter, Jan Walliser, Joachim Winter
CESifo, Munich, 2010
CESifo Working Paper No. 3040
CESifo, Munich, 2010
CESifo Working Paper No. 3040
![Technological Imitation and Innovation in New European Union Markets Technological Imitation and Innovation in New European Union Markets](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3039.jpg?c=1689237197)
Technological Imitation and Innovation in New European Union Markets
Working Paper
Technological Imitation and Innovation in New European Union Markets
Ainura Uzagalieva, Evžen Kocenda, Antonio Menezes
CESifo, Munich, 2010
CESifo Working Paper No. 3039
CESifo, Munich, 2010
CESifo Working Paper No. 3039
![Aggressive Oil Extraction and Precautionary Saving: Coping with Volatility Aggressive Oil Extraction and Precautionary Saving: Coping with Volatility](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3038.jpg?c=1689236951)
Aggressive Oil Extraction and Precautionary Saving: Coping with Volatility
Working Paper
Aggressive Oil Extraction and Precautionary Saving: Coping with Volatility
Frederick Van der Ploeg
CESifo, Munich, 2010
CESifo Working Paper No. 3038
CESifo, Munich, 2010
CESifo Working Paper No. 3038
![The Economics of International Differences in Educational Achievement The Economics of International Differences in Educational Achievement](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3037.jpg?c=1689236984)
The Economics of International Differences in Educational Achievement
Working Paper
The Economics of International Differences in Educational Achievement
Eric A. Hanushek, Ludger Wößmann
CESifo, Munich, 2010
CESifo Working Paper No. 3037
CESifo, Munich, 2010
CESifo Working Paper No. 3037
![Evaluating Nationwide Health Interventions when Standard Before-After Doesn't Work: Malawi's ITN Distribution Program Evaluating Nationwide Health Interventions when Standard Before-After Doesn't Work: Malawi's ITN Distribution Program](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3036.jpg?c=1689236951)
Evaluating Nationwide Health Interventions when Standard Before-After Doesn't Work: Malawi's ITN Distribution Program
Working Paper
Evaluating Nationwide Health Interventions when Standard Before-After Doesn't Work: Malawi's ITN Distribution Program
Eva Deuchert, Conny Wunsch
CESifo, Munich, 2010
CESifo Working Paper No. 3036
CESifo, Munich, 2010
CESifo Working Paper No. 3036
![Decentralization and Foreign Aid Effectiveness: Do Aid Modality and Federal Design Matter in Poverty Alleviation? Decentralization and Foreign Aid Effectiveness: Do Aid Modality and Federal Design Matter in Poverty Alleviation?](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3035.jpg?c=1689237088)
Decentralization and Foreign Aid Effectiveness: Do Aid Modality and Federal Design Matter in Poverty Alleviation?
Working Paper
Decentralization and Foreign Aid Effectiveness: Do Aid Modality and Federal Design Matter in Poverty Alleviation?
Christian Leßmann, Gunther Markwardt
CESifo, Munich, 2010
CESifo Working Paper No. 3035
CESifo, Munich, 2010
CESifo Working Paper No. 3035
![Multinationals, Minority Ownership and Tax-Efficient Financing Structures Multinationals, Minority Ownership and Tax-Efficient Financing Structures](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3034.jpg?c=1689237167)
Multinationals, Minority Ownership and Tax-Efficient Financing Structures
Working Paper
Multinationals, Minority Ownership and Tax-Efficient Financing Structures
Dirk Schindler, Guttorm Schjelderup
CESifo, Munich, 2010
CESifo Working Paper No. 3034
CESifo, Munich, 2010
CESifo Working Paper No. 3034
![Structural Change in OECD Comparative Advantage Structural Change in OECD Comparative Advantage](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3033.jpg?c=1689236984)
Structural Change in OECD Comparative Advantage
Working Paper
Structural Change in OECD Comparative Advantage
Steven Brakman, Robert Inklaar, Charles van Marrewijk
CESifo, Munich, 2010
CESifo Working Paper No. 3033
CESifo, Munich, 2010
CESifo Working Paper No. 3033
![Welfare Policy in the Presence of Unionised Labour and Internationally Mobile Firms Welfare Policy in the Presence of Unionised Labour and Internationally Mobile Firms](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3032.jpg?c=1689237082)
Welfare Policy in the Presence of Unionised Labour and Internationally Mobile Firms
Working Paper
Welfare Policy in the Presence of Unionised Labour and Internationally Mobile Firms
Silvia Rocha-Akis, Ronnie Schöb
CESifo, Munich, 2010
CESifo Working Paper No. 3032
CESifo, Munich, 2010
CESifo Working Paper No. 3032
![Forecasting Nonlinear Aggregates and Aggregates with Time-varying Weights Forecasting Nonlinear Aggregates and Aggregates with Time-varying Weights](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3031.jpg?c=1689236934)
Forecasting Nonlinear Aggregates and Aggregates with Time-varying Weights
Working Paper
Forecasting Nonlinear Aggregates and Aggregates with Time-varying Weights
Helmut Luetkepohl
Munich, CESifo, 2010
CESifo Working Paper No. 3031
Munich, CESifo, 2010
CESifo Working Paper No. 3031
![The Effects of a Bonus Tax on Manager Compensation and Welfare The Effects of a Bonus Tax on Manager Compensation and Welfare](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3030.jpg?c=1689237140)
The Effects of a Bonus Tax on Manager Compensation and Welfare
Working Paper
The Effects of a Bonus Tax on Manager Compensation and Welfare
Doina Radulescu
CESifo, Munich, 2010
CESifo Working Paper No. 3030
CESifo, Munich, 2010
CESifo Working Paper No. 3030
![Explaining the Favorite-Longshot Bias: Is it Risk-Love or Misperceptions? Explaining the Favorite-Longshot Bias: Is it Risk-Love or Misperceptions?](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3029.jpg?c=1689236881)
Explaining the Favorite-Longshot Bias: Is it Risk-Love or Misperceptions?
Working Paper
Explaining the Favorite-Longshot Bias: Is it Risk-Love or Misperceptions?
Erik Snowberg, Justin Wolfers
CESifo, Munich, 2010
CESifo Working Paper No. 3029
CESifo, Munich, 2010
CESifo Working Paper No. 3029
![Optimal Delegation when the Large Shareholder has Multiple Tasks Optimal Delegation when the Large Shareholder has Multiple Tasks](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3028.jpg?c=1689237098)
Optimal Delegation when the Large Shareholder has Multiple Tasks
Working Paper
Optimal Delegation when the Large Shareholder has Multiple Tasks
Clara Graziano, Annalisa Luporini
CESifo, Munich, 2010
CESifo Working Paper No. 3028
CESifo, Munich, 2010
CESifo Working Paper No. 3028
![Is Economic Recovery a Myth? Robust Estimation of Impulse Responses Is Economic Recovery a Myth? Robust Estimation of Impulse Responses](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3027.jpg?c=1689237185)
Is Economic Recovery a Myth? Robust Estimation of Impulse Responses
Working Paper
Is Economic Recovery a Myth? Robust Estimation of Impulse Responses
Coenraad N. Teulings, Nick Zubanov
CESifo, Munich, 2010
CESifo Working Paper No. 3027
CESifo, Munich, 2010
CESifo Working Paper No. 3027
![Immigration, Fertility, and Human Capital: A Model of Economic Decline of the West Immigration, Fertility, and Human Capital: A Model of Economic Decline of the West](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3025.jpg?c=1689236986)
Immigration, Fertility, and Human Capital: A Model of Economic Decline of the West
Working Paper
Immigration, Fertility, and Human Capital: A Model of Economic Decline of the West
Leonid V. Azarnert
CESifo, Munich, 2010
CESifo Working Paper No. 3025
CESifo, Munich, 2010
CESifo Working Paper No. 3025
![Making Sense of Non-Binding Retail-Price Recommendations Making Sense of Non-Binding Retail-Price Recommendations](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3024.jpg?c=1689237192)
Making Sense of Non-Binding Retail-Price Recommendations
Working Paper
Making Sense of Non-Binding Retail-Price Recommendations
Stefan Buehler, Dennis L. Gärtner
CESifo, Munich, 2010
CESifo Working Paper No. 3024
CESifo, Munich, 2010
CESifo Working Paper No. 3024
![Conditional Volatility and Correlations of Weekly Returns and the VaR Analysis of 2008 Stock Market Crash Conditional Volatility and Correlations of Weekly Returns and the VaR Analysis of 2008 Stock Market Crash](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3023.jpg?c=1689237015)
Conditional Volatility and Correlations of Weekly Returns and the VaR Analysis of 2008 Stock Market Crash
Working Paper
Conditional Volatility and Correlations of Weekly Returns and the VaR Analysis of 2008 Stock Market Crash
Bahram Pesaran, M. Hashem Pesaran
CESifo, Munich, 2010
CESifo Working Paper No. 3023
CESifo, Munich, 2010
CESifo Working Paper No. 3023
![Fiscal Federalism and Electoral Accountability Fiscal Federalism and Electoral Accountability](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3022.jpg?c=1689237048)
Fiscal Federalism and Electoral Accountability
Working Paper
Fiscal Federalism and Electoral Accountability
Toke Aidt, Jayasri Dutta
CESifo, Munich, 2010
CESifo Working Paper No. 3022
CESifo, Munich, 2010
CESifo Working Paper No. 3022