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)
11212 hits:
![When the Market Drives you Crazy: Stock Market Returns and Fatal Car Accidents When the Market Drives you Crazy: Stock Market Returns and Fatal Car Accidents](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7182.jpg?c=1689237179)
When the Market Drives you Crazy: Stock Market Returns and Fatal Car Accidents
Working Paper
When the Market Drives you Crazy: Stock Market Returns and Fatal Car Accidents
Corrado Giulietti, Mirco Tonin, Michael Vlassopoulos
CESifo, Munich, 2018
CESifo Working Paper No. 7182
CESifo, Munich, 2018
CESifo Working Paper No. 7182
![Why is there so much Inertia in Inflation and Output? A Behavioral Explanation Why is there so much Inertia in Inflation and Output? A Behavioral Explanation](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7181.jpg?c=1689237041)
Why is there so much Inertia in Inflation and Output? A Behavioral Explanation
Working Paper
Why is there so much Inertia in Inflation and Output? A Behavioral Explanation
Yuemei Ji
CESifo, Munich, 2018
CESifo Working Paper No. 7181
CESifo, Munich, 2018
CESifo Working Paper No. 7181
![Strategic Implications of Counter-Geoengineering: Clash or Cooperation? Strategic Implications of Counter-Geoengineering: Clash or Cooperation?](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7180.jpg?c=1689236889)
Strategic Implications of Counter-Geoengineering: Clash or Cooperation?
Working Paper
Strategic Implications of Counter-Geoengineering: Clash or Cooperation?
Daniel Heyen, Joshua Horton, Juan Moreno-Cruz
CESifo, Munich, 2018
CESifo Working Paper No. 7180
CESifo, Munich, 2018
CESifo Working Paper No. 7180
![Sanctioning and Trustworthiness across Ethnic Groups: Experimental Evidence from Afghanistan Sanctioning and Trustworthiness across Ethnic Groups: Experimental Evidence from Afghanistan](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7179.jpg?c=1689237098)
Sanctioning and Trustworthiness across Ethnic Groups: Experimental Evidence from Afghanistan
Working Paper
Sanctioning and Trustworthiness across Ethnic Groups: Experimental Evidence from Afghanistan
Vojtech Bartos, Ian Levely
CESifo, Munich, 2018
CESifo Working Paper No. 7179
CESifo, Munich, 2018
CESifo Working Paper No. 7179
![Heterogeneity, Vetoes, and Exit Clauses in Federal Systems Heterogeneity, Vetoes, and Exit Clauses in Federal Systems](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7178.jpg?c=1689237026)
Heterogeneity, Vetoes, and Exit Clauses in Federal Systems
Working Paper
Heterogeneity, Vetoes, and Exit Clauses in Federal Systems
Martijn Huysmans
CESifo, Munich, 2018
CESifo Working Paper No. 7178
CESifo, Munich, 2018
CESifo Working Paper No. 7178
![Risk Management-Driven Policy Rate Gap Risk Management-Driven Policy Rate Gap](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7177.jpg?c=1689237055)
Risk Management-Driven Policy Rate Gap
Working Paper
Risk Management-Driven Policy Rate Gap
Giovanni Caggiano, Efrem Castelnuovo, Gabriela Nodari
CESifo, Munich, 2018
CESifo Working Paper No. 7177
CESifo, Munich, 2018
CESifo Working Paper No. 7177
![Reserves for All? Central Bank Digital Currency, Deposits, and their (Non)-Equivalence Reserves for All? Central Bank Digital Currency, Deposits, and their (Non)-Equivalence](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7176.jpg?c=1689236876)
Reserves for All? Central Bank Digital Currency, Deposits, and their (Non)-Equivalence
Working Paper
Reserves for All? Central Bank Digital Currency, Deposits, and their (Non)-Equivalence
Dirk Niepelt
CESifo, Munich, 2018
CESifo Working Paper No. 7176
CESifo, Munich, 2018
CESifo Working Paper No. 7176
![Size, Determinants, and Consequences of Corruption in China's Provinces: The MIMIC Approach Size, Determinants, and Consequences of Corruption in China's Provinces: The MIMIC Approach](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7175.jpg?c=1689237107)
Size, Determinants, and Consequences of Corruption in China's Provinces: The MIMIC Approach
Working Paper
Size, Determinants, and Consequences of Corruption in China's Provinces: The MIMIC Approach
Hailin Chen, Friedrich Schneider, Qunli Sun
CESifo, Munich, 2018
CESifo Working Paper No. 7175
CESifo, Munich, 2018
CESifo Working Paper No. 7175
![Working Times and Overweight: Tight Schedules, Weaker Fitness? Working Times and Overweight: Tight Schedules, Weaker Fitness?](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7174.jpg?c=1689237150)
Working Times and Overweight: Tight Schedules, Weaker Fitness?
Working Paper
Working Times and Overweight: Tight Schedules, Weaker Fitness?
Joan Costa-i-Font, Belen Saenz de Miera Juarez
CESifo, Munich, 2018
CESifo Working Paper No. 7174
CESifo, Munich, 2018
CESifo Working Paper No. 7174
![Offshoring under Uncertainty Offshoring under Uncertainty](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7173.jpg?c=1689236943)
Offshoring under Uncertainty
Working Paper
Offshoring under Uncertainty
Wilhelm Kohler, Bohdan Kukharskyy
CESifo, Munich, 2018
CESifo Working Paper No. 7173
CESifo, Munich, 2018
CESifo Working Paper No. 7173
![Peeling Away the Layers: Impacts of Durable Tariff Elimination Peeling Away the Layers: Impacts of Durable Tariff Elimination](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7172.jpg?c=1689237095)
Peeling Away the Layers: Impacts of Durable Tariff Elimination
Working Paper
Peeling Away the Layers: Impacts of Durable Tariff Elimination
Arevik Gnutzmann-Mkrtchyan, Christian Henn
CESifo, Munich, 2018
CESifo Working Paper No. 7172
CESifo, Munich, 2018
CESifo Working Paper No. 7172
![Firms, Trade and Profit Shifting: Evidence from Aggregate Data Firms, Trade and Profit Shifting: Evidence from Aggregate Data](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7171.jpg?c=1689237173)
Firms, Trade and Profit Shifting: Evidence from Aggregate Data
Working Paper
Firms, Trade and Profit Shifting: Evidence from Aggregate Data
Sébastien Laffitte, Farid Toubal
CESifo, Munich, 2018
CESifo Working Paper No. 7171
CESifo, Munich, 2018
CESifo Working Paper No. 7171
![How Do Banks Interact with Fintech Startups? How Do Banks Interact with Fintech Startups?](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7170_0.jpg?c=1689236991)
How Do Banks Interact with Fintech Startups?
Working Paper
How Do Banks Interact with Fintech Startups?
Lars Hornuf, Milan F. Klus, Todor S. Lohwasser, Armin Schwienbacher
CESifo, Munich, 2018
CESifo Working Paper No. 7170
CESifo, Munich, 2018
CESifo Working Paper No. 7170
![Credit Channel and Business Cycle: The Role of Tax Evasion Credit Channel and Business Cycle: The Role of Tax Evasion](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7169.jpg?c=1689237078)
Credit Channel and Business Cycle: The Role of Tax Evasion
Working Paper
Credit Channel and Business Cycle: The Role of Tax Evasion
Bruno Chiarini, Maria Ferrara, Elisabetta Marzano
CESifo, Munich, 2018
CESifo Working Paper No. 7169
CESifo, Munich, 2018
CESifo Working Paper No. 7169
![Testing Testing](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7168.jpg?c=1689237020)
Testing
Working Paper
Testing
Annika Barbara Bergbauer, Eric A. Hanushek, Ludger Wößmann
CESifo, Munich, 2018
CESifo Working Paper No. 7168
CESifo, Munich, 2018
CESifo Working Paper No. 7168
![Modelling Volatility of Cryptocurrencies Using Markov-Switching Garch Models Modelling Volatility of Cryptocurrencies Using Markov-Switching Garch Models](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7167.jpg?c=1689236879)
Modelling Volatility of Cryptocurrencies Using Markov-Switching Garch Models
Working Paper
Modelling Volatility of Cryptocurrencies Using Markov-Switching Garch Models
Guglielmo Maria Caporale, Timur Zekokh
CESifo, Munich, 2018
CESifo Working Paper No. 7167
CESifo, Munich, 2018
CESifo Working Paper No. 7167
![Structural Interpretation of Vector Autoregressions with Incomplete Identification: Revisiting the Role of Oil Supply and Demand Shocks: Comment Structural Interpretation of Vector Autoregressions with Incomplete Identification: Revisiting the Role of Oil Supply and Demand Shocks: Comment](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7166.jpg?c=1689237062)
Structural Interpretation of Vector Autoregressions with Incomplete Identification: Revisiting the Role of Oil Supply and Demand Shocks: Comment
Working Paper
Structural Interpretation of Vector Autoregressions with Incomplete Identification: Revisiting the Role of Oil Supply and Demand Shocks: Comment
Lutz Kilian, Xiaoqing Zhou
CESifo, Munich, 2018
CESifo Working Paper No. 7166
CESifo, Munich, 2018
CESifo Working Paper No. 7166
![The Politics of Aging and Retirement: Evidence from Swiss Referenda The Politics of Aging and Retirement: Evidence from Swiss Referenda](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7165.jpg?c=1689236841)
The Politics of Aging and Retirement: Evidence from Swiss Referenda
Working Paper
The Politics of Aging and Retirement: Evidence from Swiss Referenda
Piera Bello, Vincenzo Galasso
CESifo, Munich, 2018
CESifo Working Paper No. 7165
CESifo, Munich, 2018
CESifo Working Paper No. 7165
![Market Potential and Global Growth over the Long Twentieth Century Market Potential and Global Growth over the Long Twentieth Century](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7164.jpg?c=1689237156)
Market Potential and Global Growth over the Long Twentieth Century
Working Paper
Market Potential and Global Growth over the Long Twentieth Century
David S. Jacks, Dennis Novy
CESifo, Munich, 2018
CESifo Working Paper No. 7164
CESifo, Munich, 2018
CESifo Working Paper No. 7164
![Measuring Quality for Use in Incentive Schemes: The Case of "Shrinkage" Estimators Measuring Quality for Use in Incentive Schemes: The Case of "Shrinkage" Estimators](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp7163.jpg?c=1689237079)
Measuring Quality for Use in Incentive Schemes: The Case of "Shrinkage" Estimators
Working Paper
Measuring Quality for Use in Incentive Schemes: The Case of "Shrinkage" Estimators
Nirav Mehta
CESifo, Munich, 2018
CESifo Working Paper No. 7163
CESifo, Munich, 2018
CESifo Working Paper No. 7163