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)
11185 hits:
![The Changing Macroeconomic Response to Stock Market Volatility Shocks The Changing Macroeconomic Response to Stock Market Volatility Shocks](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3652.jpg?c=1689236853)
The Changing Macroeconomic Response to Stock Market Volatility Shocks
Working Paper
The Changing Macroeconomic Response to Stock Market Volatility Shocks
Roel Beetsma, Massimo Giuliodori
CESifo, Munich, 2011
CESifo Working Paper No. 3652
CESifo, Munich, 2011
CESifo Working Paper No. 3652
![The Macroeconomics of TANSTAAFL The Macroeconomics of TANSTAAFL](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3651.jpg?c=1689237025)
The Macroeconomics of TANSTAAFL
Working Paper
The Macroeconomics of TANSTAAFL
Volker Grossmann, Thomas Steger, Timo Trimborn
CESifo, Munich, 2011
CESifo Working Paper No. 3651
CESifo, Munich, 2011
CESifo Working Paper No. 3651
![Euro Area SMEs under Financial Constraints: Belief or Reality? Euro Area SMEs under Financial Constraints: Belief or Reality?](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3650.jpg?c=1689236926)
Euro Area SMEs under Financial Constraints: Belief or Reality?
Working Paper
Euro Area SMEs under Financial Constraints: Belief or Reality?
Concha Artola, Veronique Genre
CESifo, Munich, 2011
CESifo Working Paper No. 3650
CESifo, Munich, 2011
CESifo Working Paper No. 3650
![The Monopolistic Polluter under Environmental Liability Law: Incentives for Abatement and R&D The Monopolistic Polluter under Environmental Liability Law: Incentives for Abatement and R&D](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3649.jpg?c=1689237146)
The Monopolistic Polluter under Environmental Liability Law: Incentives for Abatement and R&D
Working Paper
The Monopolistic Polluter under Environmental Liability Law: Incentives for Abatement and R&D
Alfred Endres, Tim Friehe
CESifo, Munich, 2011
CESifo Working Paper No. 3649
CESifo, Munich, 2011
CESifo Working Paper No. 3649
![Does School Autonomy Make Sense Everywhere? Panel Estimates from PISA Does School Autonomy Make Sense Everywhere? Panel Estimates from PISA](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3648.jpg?c=1689237159)
Does School Autonomy Make Sense Everywhere? Panel Estimates from PISA
Working Paper
Does School Autonomy Make Sense Everywhere? Panel Estimates from PISA
Eric A. Hanushek, Susanne Link, Ludger Wößmann
CESifo, Munich, 2011
CESifo Working Paper No. 3648
CESifo, Munich, 2011
CESifo Working Paper No. 3648
![The Cash-In-Advance Constraint in Monetary Growth Models The Cash-In-Advance Constraint in Monetary Growth Models](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3647.jpg?c=1689236849)
The Cash-In-Advance Constraint in Monetary Growth Models
Working Paper
The Cash-In-Advance Constraint in Monetary Growth Models
Burkhard Heer, Alfred Maussner
CESifo, Munich, 2011
CESifo Working Paper No. 3647
CESifo, Munich, 2011
CESifo Working Paper No. 3647
![An Economic Theory of Switzerland An Economic Theory of Switzerland](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3646.jpg?c=1689237157)
An Economic Theory of Switzerland
Working Paper
An Economic Theory of Switzerland
Charles B. Blankart
CESifo, Munich, 2011
CESifo Working Paper No. 3646
CESifo, Munich, 2011
CESifo Working Paper No. 3646
![Sources of Real Exchange Rate Volatility and International Financial Integration: A Dynamic GMM Panel Approach Sources of Real Exchange Rate Volatility and International Financial Integration: A Dynamic GMM Panel Approach](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3645.jpg?c=1689237205)
Sources of Real Exchange Rate Volatility and International Financial Integration: A Dynamic GMM Panel Approach
Working Paper
Sources of Real Exchange Rate Volatility and International Financial Integration: A Dynamic GMM Panel Approach
Guglielmo Maria Caporale, Thouraya Hadj Amor, Christophe Rault
CESifo, Munich, 2011
CESifo Working Paper No. 3645
CESifo, Munich, 2011
CESifo Working Paper No. 3645
![A Characterization of Oil Price Behavior - Evidence from Jump Models A Characterization of Oil Price Behavior - Evidence from Jump Models](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3644.jpg?c=1689237112)
A Characterization of Oil Price Behavior - Evidence from Jump Models
Working Paper
A Characterization of Oil Price Behavior - Evidence from Jump Models
Marc Gronwald
CESifo, Munich, 2011
CESifo Working Paper No. 3644
CESifo, Munich, 2011
CESifo Working Paper No. 3644
![A Probability Approach to Pharmaceutical Demand and Price Setting: Does the Identity of the Third-Party Payer Matters
for Prescribing Doctors? A Probability Approach to Pharmaceutical Demand and Price Setting: Does the Identity of the Third-Party Payer Matters
for Prescribing Doctors?](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3643.jpg?c=1689236906)
A Probability Approach to Pharmaceutical Demand and Price Setting: Does the Identity of the Third-Party Payer Matters
for Prescribing Doctors?
Working Paper
A Probability Approach to Pharmaceutical Demand and Price Setting: Does the Identity of the Third-Party Payer Matters for Prescribing Doctors?
Dag Morten Dalen, Marilena Locatelli, Enrico Sorisio, Steinar Strøm
CESifo, Munich, 2011
CESifo Working Paper No. 3643
CESifo, Munich, 2011
CESifo Working Paper No. 3643
![Revisiting the OLI Paradigm: The Institutions, the State, and China's OFDI Revisiting the OLI Paradigm: The Institutions, the State, and China's OFDI](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3642.jpg?c=1689237205)
Revisiting the OLI Paradigm: The Institutions, the State, and China's OFDI
Working Paper
Revisiting the OLI Paradigm: The Institutions, the State, and China's OFDI
Hao Liang, Bing Ren, Haikun Zhu
CESifo, Munich, 2011
CESifo Working Paper No. 3642
CESifo, Munich, 2011
CESifo Working Paper No. 3642
![Was Bernanke Right? Targeting Asset Prices may not be a Good Idea after all Was Bernanke Right? Targeting Asset Prices may not be a Good Idea after all](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3641.jpg?c=1689237032)
Was Bernanke Right? Targeting Asset Prices may not be a Good Idea after all
Working Paper
Was Bernanke Right? Targeting Asset Prices may not be a Good Idea after all
Tiziana Assenza, Michele Berardi, Domenico Delli Gatti
CESifo, Munich, 2011
CESifo Working Paper No. 3641
CESifo, Munich, 2011
CESifo Working Paper No. 3641
![Risk Sharing in Defined-Contribution Funded Pension Systems Risk Sharing in Defined-Contribution Funded Pension Systems](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3640.jpg?c=1689237139)
Risk Sharing in Defined-Contribution Funded Pension Systems
Working Paper
Risk Sharing in Defined-Contribution Funded Pension Systems
Roel Beetsma, Alessandro Bucciol
CESifo, Munich, 2011
CESifo Working Paper No. 3640
CESifo, Munich, 2011
CESifo Working Paper No. 3640
![Did the Japanese Patient Follow the Doctor's Orders? Mostly no! A Public Choice Analysis of Greenhouse Gas Emissions Trading Schemes in Japan before and after the Earthquake Did the Japanese Patient Follow the Doctor's Orders? Mostly no! A Public Choice Analysis of Greenhouse Gas Emissions Trading Schemes in Japan before and after the Earthquake](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3639.jpg?c=1689236974)
Did the Japanese Patient Follow the Doctor's Orders? Mostly no! A Public Choice Analysis of Greenhouse Gas Emissions Trading Schemes in Japan before and after the Earthquake
Working Paper
Did the Japanese Patient Follow the Doctor's Orders? Mostly no! A Public Choice Analysis of Greenhouse Gas Emissions Trading Schemes in Japan before and after the Earthquake
Sven Rudolph, Friedrich Schneider
CESifo, Munich, 2011
CESifo Working Paper No. 3639
CESifo, Munich, 2011
CESifo Working Paper No. 3639
![A Decade of Editing the European Economic Review A Decade of Editing the European Economic Review](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3638.jpg?c=1689237202)
A Decade of Editing the European Economic Review
Working Paper
A Decade of Editing the European Economic Review
Zvi Eckstein, Esther Gal-Or, Thorvaldur Gylfason, Jürgen Von Hagen, Gerard Pfann
CESifo, Munich, 2011
CESifo Working Paper No. 3638
CESifo, Munich, 2011
CESifo Working Paper No. 3638
![Worker Characteristics and Wage Differentials: Evidence from a Gift-Exchange Experiment Worker Characteristics and Wage Differentials: Evidence from a Gift-Exchange Experiment](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3637.jpg?c=1689236865)
Worker Characteristics and Wage Differentials: Evidence from a Gift-Exchange Experiment
Working Paper
Worker Characteristics and Wage Differentials: Evidence from a Gift-Exchange Experiment
Florian Englmaier, Sebastian Strasser, Joachim Winter
CESifo, Munich, 2011
CESifo Working Paper No. 3637
CESifo, Munich, 2011
CESifo Working Paper No. 3637
![Should Pensions be Progressive? Yes, at least in Germany! Should Pensions be Progressive? Yes, at least in Germany!](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3636.jpg?c=1689237163)
Should Pensions be Progressive? Yes, at least in Germany!
Working Paper
Should Pensions be Progressive? Yes, at least in Germany!
Hans Fehr, Manuel Kallweit, Fabian Kindermann
CESifo, Munich, 2011
CESifo Working Paper No. 3636
CESifo, Munich, 2011
CESifo Working Paper No. 3636
![Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3635.jpg?c=1689237024)
Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior
Working Paper
Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior
Matthias Sutter, Martin G. Kocher, Daniela Rützler, Stefan T. Trautmann
CESifo, Munich, 2011
CESifo Working Paper No. 3635
CESifo, Munich, 2011
CESifo Working Paper No. 3635
![A Model of Trade with Ricardian Comparative Advantage and Intra-sectoral Firm Heterogeneity A Model of Trade with Ricardian Comparative Advantage and Intra-sectoral Firm Heterogeneity](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3634.jpg?c=1689236919)
A Model of Trade with Ricardian Comparative Advantage and Intra-sectoral Firm Heterogeneity
Working Paper
A Model of Trade with Ricardian Comparative Advantage and Intra-sectoral Firm Heterogeneity
Haichao Fan, Edwin L.-C. Lai, Han Steffan Qi
CESifo, Munich, 2011
CESifo Working Paper No. 3634
CESifo, Munich, 2011
CESifo Working Paper No. 3634
![The Welfare Effects of Health-based Food Tax Policy The Welfare Effects of Health-based Food Tax Policy](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp3633.jpg?c=1689236876)
The Welfare Effects of Health-based Food Tax Policy
Working Paper
The Welfare Effects of Health-based Food Tax Policy
Kaisa Kotakorpi, Tommi Härkänen, Pirjo Pietinen, Heli Reinivuo, Ilpo Suoniemi, Jukka Pirttilä
CESifo, Munich, 2011
CESifo Working Paper No. 3633
CESifo, Munich, 2011
CESifo Working Paper No. 3633