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)
11211 hits:
![Manufacturing Risk-Free Government Debt Manufacturing Risk-Free Government Debt](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8902.jpg?c=1689237076)
Manufacturing Risk-Free Government Debt
Working Paper
Manufacturing Risk-Free Government Debt
Zhengyang Jiang, Hanno Lustig, Stijn Van Nieuwerburgh, Mindy Z. Xiaolan
CESifo, Munich, 2021
CESifo Working Paper No. 8902
CESifo, Munich, 2021
CESifo Working Paper No. 8902
![Selective Attention in Exchange Rate Forecasting Selective Attention in Exchange Rate Forecasting](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8901.jpg?c=1689237205)
Selective Attention in Exchange Rate Forecasting
Working Paper
Selective Attention in Exchange Rate Forecasting
Svatopluk Kapounek, Evžen Kocenda, Zuzana Kucerová
CESifo, Munich, 2021
CESifo Working Paper No. 8901
CESifo, Munich, 2021
CESifo Working Paper No. 8901
![Culture, Institutions & the Long Divergence Culture, Institutions & the Long Divergence](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8900.jpg?c=1689236914)
Culture, Institutions & the Long Divergence
Working Paper
Culture, Institutions & the Long Divergence
Alberto Bisin, Jared Rubin, Avner Seror, Thierry Verdier
CESifo, Munich, 2021
CESifo Working Paper No. 8900
CESifo, Munich, 2021
CESifo Working Paper No. 8900
![Central Exams and Adult Skills: Evidence from PIAAC Central Exams and Adult Skills: Evidence from PIAAC](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8899.jpg?c=1689236974)
Central Exams and Adult Skills: Evidence from PIAAC
Working Paper
Central Exams and Adult Skills: Evidence from PIAAC
Lisa Leschnig, Guido Schwerdt, Katarina Zigova
CESifo, Munich, 2021
CESifo Working Paper No. 8899
CESifo, Munich, 2021
CESifo Working Paper No. 8899
![Inside the White Box: Unpacking the Determinants of Quality and Vertical Specialization Inside the White Box: Unpacking the Determinants of Quality and Vertical Specialization](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8898.jpg?c=1689237003)
Inside the White Box: Unpacking the Determinants of Quality and Vertical Specialization
Working Paper
Inside the White Box: Unpacking the Determinants of Quality and Vertical Specialization
Esteban Jaimovich, Boryana Madzharova, Vincenzo Merella
CESifo, Munich, 2021
CESifo Working Paper No. 8898
CESifo, Munich, 2021
CESifo Working Paper No. 8898
![The "Matthew Effect" and Market Concentration: Search Complementarities and Monopsony Power The "Matthew Effect" and Market Concentration: Search Complementarities and Monopsony Power](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8897.jpg?c=1689236990)
The "Matthew Effect" and Market Concentration: Search Complementarities and Monopsony Power
Working Paper
The "Matthew Effect" and Market Concentration: Search Complementarities and Monopsony Power
Jesús Fernández-Villaverde, Federico Mandelman, Yu Yang, Francesco Zanetti
CESifo, Munich, 2021
CESifo Working Paper No. 8897
CESifo, Munich, 2021
CESifo Working Paper No. 8897
![Interdependencies Between Countries in the Provision of Energy Interdependencies Between Countries in the Provision of Energy](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8896.jpg?c=1689237087)
Interdependencies Between Countries in the Provision of Energy
Working Paper
Interdependencies Between Countries in the Provision of Energy
Doina Maria Radulescu, Philippe Sulger
CESifo, Munich, 2021
CESifo Working Paper No. 8896
CESifo, Munich, 2021
CESifo Working Paper No. 8896
![Climate Mitigation Policy in Denmark: A Prototype for Other Countries Climate Mitigation Policy in Denmark: A Prototype for Other Countries](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8895.jpg?c=1689236967)
Climate Mitigation Policy in Denmark: A Prototype for Other Countries
Working Paper
Climate Mitigation Policy in Denmark: A Prototype for Other Countries
Nicoletta Batini, Ian Parry, Philippe Wingender
CESifo, Munich, 2021
CESifo Working Paper No. 8895
CESifo, Munich, 2021
CESifo Working Paper No. 8895
![A Social Norm Nudge to Save More: A Field Experiment at a Retail Bank A Social Norm Nudge to Save More: A Field Experiment at a Retail Bank](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8894.jpg?c=1689237045)
A Social Norm Nudge to Save More: A Field Experiment at a Retail Bank
Working Paper
A Social Norm Nudge to Save More: A Field Experiment at a Retail Bank
Robert Dur, Dimitry Fleming, Marten van Garderen, Max van Lent
CESifo, Munich, 2021
CESifo Working Paper No. 8894
CESifo, Munich, 2021
CESifo Working Paper No. 8894
![When Pro-Poor Microcredit Institutions Favor Richer Borrowers - A Moral Hazard Story When Pro-Poor Microcredit Institutions Favor Richer Borrowers - A Moral Hazard Story](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8893.jpg?c=1689237204)
When Pro-Poor Microcredit Institutions Favor Richer Borrowers - A Moral Hazard Story
Working Paper
When Pro-Poor Microcredit Institutions Favor Richer Borrowers - A Moral Hazard Story
Sara Biancini, David Ettinger, Baptiste Venet
CESifo, Munich, 2021
CESifo Working Paper No. 8893
CESifo, Munich, 2021
CESifo Working Paper No. 8893
![A Retrospective Study of State Aid Control in the German Broadband Market A Retrospective Study of State Aid Control in the German Broadband Market](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8892.jpg?c=1689237085)
A Retrospective Study of State Aid Control in the German Broadband Market
Working Paper
A Retrospective Study of State Aid Control in the German Broadband Market
Tomaso Duso, Mattia Nardotto, Jo Seldeslachts
CESifo, Munich, 2021
CESifo Working Paper No. 8892
CESifo, Munich, 2021
CESifo Working Paper No. 8892
![One Size Does Not Fit All: TFP in the Aftermath of Financial Crises in Three European Countries One Size Does Not Fit All: TFP in the Aftermath of Financial Crises in Three European Countries](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8891.jpg?c=1689236966)
One Size Does Not Fit All: TFP in the Aftermath of Financial Crises in Three European Countries
Working Paper
One Size Does Not Fit All: TFP in the Aftermath of Financial Crises in Three European Countries
Christian Abele, Agnes Benassy-Quere, Lionel Fontagné
CESifo, Munich, 2021
CESifo Working Paper No. 8891
CESifo, Munich, 2021
CESifo Working Paper No. 8891
![Adverse Effects of Contol: Evidence from a Field Experiment Adverse Effects of Contol: Evidence from a Field Experiment](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8890.jpg?c=1689237124)
Adverse Effects of Contol: Evidence from a Field Experiment
Working Paper
Adverse Effects of Contol: Evidence from a Field Experiment
Holger Herz, Christian Zihlmann
CESifo, Munich, 2021
CESifo Working Paper No. 8890
CESifo, Munich, 2021
CESifo Working Paper No. 8890
![Persistence in the Private Debt-to-GDP Ratio: Evidence from 43 OECD Countries Persistence in the Private Debt-to-GDP Ratio: Evidence from 43 OECD Countries](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8889.jpg?c=1689237131)
Persistence in the Private Debt-to-GDP Ratio: Evidence from 43 OECD Countries
Working Paper
Persistence in the Private Debt-to-GDP Ratio: Evidence from 43 OECD Countries
Guglielmo Maria Caporale, Luis A. Gil-Alana, Maria Malmierca
CESifo, Munich, 2021
CESifo Working Paper No. 8889
CESifo, Munich, 2021
CESifo Working Paper No. 8889
![Ambiguous Protection Ambiguous Protection](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8888.jpg?c=1689237040)
Ambiguous Protection
Working Paper
Ambiguous Protection
Klaus Gründler, Arye L. Hillman
CESifo, Munich, 2021
CESifo Working Paper No. 8888
CESifo, Munich, 2021
CESifo Working Paper No. 8888
![Trade in Information Technologies and Changes in the Demand for Occupations Trade in Information Technologies and Changes in the Demand for Occupations](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8887.jpg?c=1689237190)
Trade in Information Technologies and Changes in the Demand for Occupations
Working Paper
Trade in Information Technologies and Changes in the Demand for Occupations
Vahagn Jerbashian
CESifo, Munich, 2021
CESifo Working Paper No. 8887
CESifo, Munich, 2021
CESifo Working Paper No. 8887
![Selling High-Tech Inputs to the Enemy Selling High-Tech Inputs to the Enemy](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8886.jpg?c=1689237199)
Selling High-Tech Inputs to the Enemy
Working Paper
Selling High-Tech Inputs to the Enemy
Yoonho Choi, E. Kwan Choi
CESifo, Munich, 2021
CESifo Working Paper No. 8886
CESifo, Munich, 2021
CESifo Working Paper No. 8886
![Global Uncertainty Global Uncertainty](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8885.jpg?c=1689237178)
Global Uncertainty
Working Paper
Global Uncertainty
Giovanni Caggiano, Efrem Castelnuovo
CESifo, Munich, 2021
CESifo Working Paper No. 8885
CESifo, Munich, 2021
CESifo Working Paper No. 8885
![Revenge of the Experts: Will Covid-19 Renew or Diminish Public Trust in Science? Revenge of the Experts: Will Covid-19 Renew or Diminish Public Trust in Science?](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8884.jpg?c=1689236859)
Revenge of the Experts: Will Covid-19 Renew or Diminish Public Trust in Science?
Working Paper
Revenge of the Experts: Will Covid-19 Renew or Diminish Public Trust in Science?
Barry Eichengreen, Cevat Giray Aksoy, Orkun Saka
CESifo, Munich, 2021
CESifo Working Paper No. 8884
CESifo, Munich, 2021
CESifo Working Paper No. 8884
![Lending Cycles and Real Outcomes: Costs of Political Misalignment Lending Cycles and Real Outcomes: Costs of Political Misalignment](https://cesifo.org/sites/default/files/docbase/docs_imgs/cesifo1_wp8883.jpg?c=1689236877)
Lending Cycles and Real Outcomes: Costs of Political Misalignment
Working Paper
Lending Cycles and Real Outcomes: Costs of Political Misalignment
Cagatay Bircan, Orkun Saka
CESifo, Munich, 2021
CESifo Working Paper No. 8883
CESifo, Munich, 2021
CESifo Working Paper No. 8883