2020

Limited Awareness and Financial Intermediation

252/2020, B02, Sarah Auster, Nicola Pavoni. First version: December 2020

The Multiple-Volunteers Principle

251/2020, B01, Susanne Goldlücke, Thomas Tröger

Carbon Footprints of European Manufacturing Jobs: Stylized Facts and Implications for Climate Policy

250/2020, B07, U.J. Wagner, D. Kassem, A. Gerster, J. Jaraite-Kazukauske, M. Klemetsen, M. Laukkanen, J. Leisner, R. Martin, J.R. Munch, M. Muûls, A.T. Nielsen, L. de Preux, K.E. Rosendahl, S. Schusser

The Effect of Climate Policy on Productivity and Cost Pass-Through in the German Manufacturing Sector

249/2020, B07, Beat Hintermann, Maja Žarković, Corrado Di Maria, Ulrich J. Wagner

Divided We Fall - International Health and Trade Coordination During a Pandemic

248/2020, C03, Viral Acharya, Zhengyang Jiang, Robert J. Richmond, Ernst-Ludwig von Thadden. Published in Covid Economics 60 (2020), 1-56

The Welfare Effects of Early Termination Fees in the US Wireless Industry

247/2020, B03, Joseph Cullen, Nicolas Schutz, Oleksandr Shcherbakov

Information Exchange and Consumer Search

246/2020, B04, Anton Sobolev

Consumer Credit with Over-Optimistic Borrowers

245/2020, A03, Florian Exler, Igor Livshits, James MacGee, Michèle Tertilt. Forthcoming in Journal of the European Economic Association

Nonparametric Estimation of Truncated Conditional Expectation Functions

244/2020, A04, Tomasz Olma

Robot Imports and Firm-Level Outcomes

243/2020, B06, Alessandra Bonfiglioli, Rosario Crinò, Harald Fadinger, Gino Gancia

Competition Between Friends and Foes

242/2020, A01, Wladislaw Mill, John Morgan. Published in European Economic Review 147 (2022), 104171

Urban Air Pollution and Sick Leaves - Evidence from Social Security Data

241/2020, B07, Felix Holub, Laura Hospido, Ulrich J. Wagner

Monetary Policy Challenges from Falling Natural Interest Rates

240/2020, C02, Klaus Adam

COVID-19 Supply Chain Disruptions

239/2020, C02, Matthias Meier, Eugenio Pinto. Published in European Economic Review 162 (2024), 104674

The Cost of a Divided America: An Experimental Study Into Destructive Behavior

238/2020, A01, Wladislaw Mill, John Morgan. Published in Experimental Economics 25 (2022), 974-1001

Are Male Bosses Bad for Women’s Careers? Evidence from a Multinational Corporation

237/2020, A04, B07, Moritz Drechsel-Grau, Felix Holub. First version: November 2020

Gravity with Granularity

236/2020, B03, B06, Holger Breinlich, Harald Fadinger, Volker Nocke, Nicolas Schutz. First Version: November 2020

Falling Natural Rates, Rising Housing Volatility and the Optimal Inflation Target

235/2020, C02, Klaus Adam, Oliver Pfäuti, Timo Reinelt

Aggregate and Intergenerational Implications of School Closures: A Quantitative Assessment

234/2020, A03, Youngsoo Jang, Minchul Yum. First version: November 2020

Unwilling to Train? Firm Responses to the Colombian Apprenticeship Regulation

233/2020, C01, Santiago Caicedo, Miguel Espinosa, Arthur Seibold. Published in Econometrica 90 (2022), 507-550

Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence from the European Union Emissions Trading Scheme

232/2020, B07, Jonathan Colmer, Ralf Martin, Mirabelle Muûls, Ulrich J. Wagner. First version: November 2020

Gender Peer Effects, Non-Cognitive Skills and Marriage Market Outcomes: Evidence from Single-Sex Schools in the UK

231/2020, C01, Lina Cardona, Katja M. Kaufmann

Persuading an Informed Committee

230/2020, B02, Nina Bobkova, Saskia Klein

Optimal Testing and Social Distancing of Individuals with Private Health Signals

229/2020, B01, Thomas Tröger

Mechanism Design for Unequal Societies

228/2020, B03, Marco Reuter, Carl-Christian Groh

Allocation with Correlated Information: Too Good to Be True

227/2020, B04, Deniz Kattwinkel

Reference Points for Retirement Behavior: Evidence from German Pension Discontinuities

226/2020, C01, Arthur Seibold. Published in American Economic Review, 111(4): 1126-1165, 2021

Imitation Perfection - A Simple Rule to Prevent Discrimination in Procurement

225/2020, B04, Nicolas Fugger, Vitali Gretschko, Helene Mass, Achim Wambach. First version: October 2020. Published in American Economic Journal: Microeconomics, 12(3): 189-245, 2020.

Monetary Policy and Speculative Asset Markets

224/2020, C01, Gregor Boehl. Published in European Economic Review 148 (2022), 104250

Fishing for Good News: Motivated Information Acquisition

223/2020, A01, B03, Si Chen, Carl Heese. First version: October 2020

Social Learning with State-Dependent Observations

222/2020, B03, Carl Heese

Inducing Effort Through Grades

221/2020, B03, David Rodina, John Farragut

Information Design and Career Concerns

220/2020, B03, David Rodina

Dynamic Competition for Attention

219/2020, B04, Jan Knoepfle

Does Open Source Pay off in the Plug-in Hybrid and Electric Vehicle Industry? A Study of Tesla's Open-Source Initiative

218/2020, B02, Yihan Yan

How People Know Their Risk Preference

217/2020, A01, Ruben C. Arslan, Martin Brümmer, Thomas Dohmen, Johanna Drewelies, Ralph Hertwig, Gert G. Wagner. Published in Scientifc Reports, 10(15365): 1-14, 2020

The Effects of Trend Inflation on Aggregate Dynamics and Monetary Stabilization

216/2020, C02, Andrey Alexandrov

The Expected (Signaling) Value of Higher Education

215/2020, A02, Laura Ehrmantraut, Pia Pinger, Renske Stans

Optimal Voting Mechanisms on Generalized Single-Peaked Domains

214/2020, B01, Tobias Rachidi. First version: September 2020

Parental Investment and Peer Effects in Cognitive and Non-Cognitive Skills

213/2020, C01, Yasemin Özdemir

The Consequences of the COVID-19 Job Losses: Who Will Suffer Most and by How Much?

212/2020, A03, Andreas Gulyas, Krzysztof Pytka. Published in COVID Economics 47 (2020), 70-107

Labour Supply During Lockdown and a “New Normal”: The Case of the Netherlands

211/2020, C01, Hans-Martin von Gaudecker, Radost Holler, Lena Janys, Bettina Siflinger, Christian Zimpelmann

Preparing for the Next Crisis: How to Secure the Supply of Essential Goods and Services

210/2020, B05, Natalia Fabra, Massimo Motta, Martin Peitz. Published as "Learning from electricity markets: How to design a resilience strategy" in Energy Policy, 168, 113116, 2022

Voter Attention and Distributive Politics

209/2020, B03, Carl Heese

Removal of Potential Competitors - A Blind Spot of Merger Policy?

208/2020, B05, Massimo Motta, Martin Peitz. Published in Competition Law and Policy Debate, 6: 19-25, 2020

The Fall of the Aspirations Wall: Educational Aspirations, Achievement and Societal Change

207/2020, C01, Ghazala Azmat, Katja M. Kaufmann

A Setback Set Right? Unfortunate Timing of Family Distress and Educational Outcomes

206/2020, A02, Renske Stans. Published as "Short-run shock, long-run consequences? The impact of grandparental death on educational outcomes" in Economics of Education Review, 91: 102310, 2022

Environmental Incentives and Parental Investments

205/2020, A02, Renske Stans

The Tension Between Market Shares and Profit Under Platform Competition

204/2020, B05, Paul Belleflamme, Martin Peitz, Eric Toulemonde. First version: August 2020. Published in International Journal of Industrial Organization 81 (2022), 102807

Committee Search Design

203/2020, B01, Christina Luxen, Tobias Rachidi. First version: August 2020

What Is ‘Competition Law’? – Measuring EU Member States’ Leeway to Regulate Platform-to-Business Agreements

202/2020, B05, Jens-Uwe Franck, Nils Stock. Published in Yearbook of European Law 39 (2020), 320-386

The Economics of Decoupling

201/2020, B02, B05, Andre Speit, Paul Voss

Shareholder Votes on Sale

200/2020, B02, B05, Andre Speit, Paul Voss

Polls and Elections: Strategic Respondents and Turnout Implications

199/2020, B01, Christina Luxen

This Time It's Different: The Role of Women's Employment in a Pandemic Recession

198/2020, A03, Titan Alon, Matthias Doepke, Jane Olmstead-Rumsey, Michèle Tertilt

Nonlinear Occupations and Female Labor Supply Over Time

197/2020, A03, Youngsoo Jang, Minchul Yum. Published in Review of Economic Dynamics, 46, 2022, 51-73

The Effect of Patent Litigation Insurance: Theory and Evidence from NPEs

196/2020, B02, Bernhard Ganglmair, Christian Helmers, Brian J. Love. Published in Journal of Law, Economics and Organization 38 (2022), 741-773

Spatial Effects of Price Regulations and Competition. A Dynamic Approach to the German Retail Pharmacy Market

195/2020, B06, Jan-Robert Aue

Does Pay Transparency Affect the Gender Wage Gap? Evidence from Austria

194/2020, A03, C01, Andreas Gulyas, Sebastian Seitz, Sourav Sinha. Published in American Economic Journal: Economic Policy, 2023, 15 (2): 236-55. First version: July 2020

A Structural Investigation of Quantitative Easing

193/2020, C01, Gregor Boehl, Gavin Goy, Felix Strobel

US Business Cycle Dynamics at the Zero Lower Bound

192/2020, C01, Gregor Boehl, Felix Strobel

Debt Maturity and Innovation

191/2020, C03, Yuliyan Mitkov

Concentration Screens for Horizontal Mergers

190/2020, B03, Volker Nocke, Michael D. Whinston. Published in American Economic Review 112 (2022), 1915-1948

Skill-Biased Imports, Human Capital Accumulation, and the Allocation of Talent

189/2020, B06, Jingting Fan, Lei Li. First version: June 2020

Network Goods, Price Discrimination, and Two-Sided Platforms

188/2020, B05, Paul Belleflamme, Martin Peitz. First version: June 2020.

The Economic Motives for Foot-binding

187/2020, A03, Xinyu Fan, Lingwei Wu. Published as "The Shaping of a Gender Norm: Marriage, Labor, and Foot-Binding in Historical China" in International Economic Review, 2023, 64: 1819-1850

Mentoring and Schooling Decisions: Causal Evidence

186/2020, A01, A02, Armin Falk, Fabian Kosse, Pia Pinger

Safety at Work and Immigration

185/2020, A02, Cristina Bellés-Obrero, Nicolau Martin Bassols, Judit Vall Castello. Published in Journal of Population Economics, 34: 167-221, 2020

Which Role for State Aid and Merger Control During and After the COVID Crisis?

184/2020, B05, Chiara Fumagalli, Massimo Motta, Martin Peitz. Published in Journal of European Competition Law & Practice, 11: 294-301, 2020

The Short-Run Macro Implications of School and Child-Care Closures

183/2020, A03, Nicola Fuchs-Schündeln, Moritz Kuhn, Michèle Tertilt

Disaggregate Consumption Feedback and Energy Conservation

182/2020, B07, Andreas Gerster, Mark A. Andor, Lorenz Götte. Published in Energy Economics 84 (2019), 104527

Firm Dynamics with Labor Market Sorting

181/2020, A03, Andreas Gulyas

Strategic Information Transmission and Efficient Corporate Control

180/2020, B02, Paul Voss, Marius Kulms. Published as "Separating Ownership and Information" in American Economic Review 112 (2022), 3039-3062

State Aid Policies in Response to the COVID-19 Shock: Observations and Guiding Principles

179/2020, B05, Massimo Motta, Martin Peitz. Published in Intereconomics 55 (2020), 219-222

My Home Is My Castle - The Benefits of Working from Home During a Pandemic Crisis: Evidence from Germany

178/2020, B06, Jean-Victor Alipour, Harald Fadinger, Jan Schymik. Published as "My Home Is My Castle: The Benefits of Working From Home During a Pandemic Crisis" in Journal of Public Economics, 196: 104373, 2021

The Effect of Pension Subsidies on the Retirement Timing of Older Women

177/2020, C01, Han Ye. Published in Journal of the European Economic Association 20 (2021), 1048-1094

Wage Determination and the Bite of Collective Contracts in Italy and Spain: Evidence from the Metalworking Industry

176/2020, A03, Effrosyni Adamopoulou, Ernesto Villanueva. Published as "Wage Determination and the Bite of Collective Contracts in Italy and Spain" in Labour Economics, Volume 76, 2022, 102147

An Economic Model of the COVID-19 Pandemic with Young and Old Agents: Behavior, Testing and Policies

175/2020, A03, Luiz Brotherhood, Philipp Kircher, Cezar Santos, Michèle Tertilt. First version: May 2020

"No Man Is an Island": An Empirical Study on Team Formation and Performance

174/2020, B02, Alessandra Allocca

Germany’s ‘Lex Apple Pay’: Payment Services Regulation Overtakes Competition Enforcement

173/2020, B05, Jens-Uwe Franck, Dimitrios Linardatos. First version: May 2020. Published as "Competition Enforcement versus Regulation as Market-Opening Tools: An Application to Banking and Payment Systems" in Journal of Antitrust Enforcement 12 (2024), 148-188

Self-Assessment: The Role of the Social Environment

172/2020, A01, Armin Falk, Fabian Kosse, Hannah Schildberg-Hörisch, Florian Zimmermann. Published in Journal of Public Economics 223 (2023), 104908

A Simple, Non-Recursive Model of the Spread of COVID-19 with Applications to Policy

171/2020, C03, Ernst-Ludwig von Thadden. Published in Covid Economics 10 (2020), 24-48

Experimental Evidence on Misguided Learning

170/2020, A01, B07, Lorenz Götte, Marta Kozakiewicz

The Long-Term Earnings’ Effects of a Credit Market Disruption

169/2020, A03, Effrosyni Adamopoulou, Marta De Philippis, Enrico Sette, Eliana Viviano. First version: April 2020

Income Differences, Productivity and Input-Output Networks

168/2020, B06, Harald Fadinger, Christian Ghiglino, Mariya Teteryatnikova. Published in American Economic Journal: Macroeconomics, 14(2): 367-415 , 2022

The Effects of Working from Home on COVID-19 Infections and Production - A Macroeconomic Analysis for Germany

167/2020, B06, Harald Fadinger, Jan Schymik

Collective Intelligence: Crowd Wisdom Versus Herding

166/2020, C04, Andreas Engert

The Role of Caseworkers in Unemployment Insurance: Evidence from Unplanned Absences

165/2020, B04, Amelie Schiprowski. Published in Journal of Labor Economics, 38(4): 1189-1225, 2020

Benefit Duration, Job Search Behavior and Re-Employment

164/2020, B04, Andreas Lichter, Amelie Schiprowski. First version: March 2020. Published in Journal of Public Economics, 193: 104326, 2021

The Impact of COVID-19 on Gender Equality

163/2020, A03, Titan Alon, Matthias Doepke, Jane Olmstead-Rumsey, Michèle Tertilt. Published in Covid Economics: Vetted and Real-Time Papers, Issue 4, 62-85, April 2020.

The Role of Social Networks in Bank Lending

162/2020, C03, C04, Oliver Rehbein, Simon Rother. First version: March 2020

Monetary Policy, Markup Dispersion, and Aggregate TFP

161/2020, C02, C05, Matthias Meier, Timo Reinelt. Published in Review of Economics and Statistics 106 (2024), 1012–1027

Supply Chain Disruptions, Time to Build, and the Business Cycle

160/2020, C02, Matthias Meier

Falling Behind: Has Rising Inequality Fueled the American Debt Boom?

159/2020, A04, C02, Moritz Drechsel-Grau, Fabian Greimel. First version: March 2020

Optimal Auctions with Signaling Bidders

158/2020, B01, Olivier Bos, Martin Pollrich

Strategies Under Strategic Uncertainty

157/2020, B04, Helene Mass

Optimal Contests with Incomplete Information and Convex Effort Costs

156/2020, B01, Mengxi Zhang. First version: February 2020

Do People Value More Informative News?

155/2020, B03, Felix Chopra, Ingar Haaland, Christopher Roth

Robustly Optimal Monetary Policy in a New Keynesian Model with Housing

154/2020, C02, Klaus Adam, Michael Woodford

Consumer Debt and Default: A Macro Perspective

153/2020, A03, Florian Exler, Michèle Tertilt. First version: February 2020. Published in Oxford Research Encyclopedia of Economics and Finance, 2020

Who Benefits from General Knowledge?

152/2020, A02, Cristina Bellés-Obrero, Emma Duchini. First version: February 2020

Optimal Pricing, Private Information and Search for an Outside Offer

151/2020, B02, Sarah Auster, Nenad Kos, Salvatore Piccolo. First version: April 2020. Published in RAND Journal of Economics 52 (2021), 758-777

Student Performance and Loss Aversion

150/2020, B05, Heiko Karle, Dirk Engelmann, Martin Peitz. Published in The Scandinavian Journal of Economics 124 (2022), 420-456

Complementarities in Behavioral Interventions: Evidence from a Field Experiment on Energy Conservation

149/2020, B07, Ximeng Fang, Lorenz Goette, Bettina Rockenbach, Matthias Sutter, Verena Tiefenbeck, Samuel Schoeb, Thorsten Staake. First version: January 2020. Published in Journal of Public Economics 228 (2023), 105028

Associative Memory and Belief Formation

148/2020, A01, Benjamin Enke, Frederik Schwerter, Florian Zimmermann

Big Tech Mergers

147/2020, B05, Massimo Motta, Martin Peitz. First version: January 2020. Published in Information Economics and Policy, 54: 100868 , 2021

Robust Bidding and Revenue in Descending Price Auctions

146/2020, B04, Sarah Auster, Christian Kellner. Published in Journal of Economic Theory 199 (2022), 105072

Hidden Testing and Selective Disclosure of Evidence

145/2020, B04, Claudia Herresthal. First version: January 2020

Estimating the Optimal Inflation Target from Trends in Relative Prices

144/2020, C02, Klaus Adam, Henning Weber. Published as "Optimal Trend Inflation" in American Economic Review, 109(2): 702-737, 2019

Pricing for the Stars - Dynamic Pricing in the Presence of Rating Systems

143/2020, C03, André Stenzel, Christoph Wolf, Peter Schmidt. First version: January 2020. Published in Proceedings of the 21st ACM Conference on Economics and Computation (EC'20): 273-274, 2020

The Emergence of Procyclical Fertility: The Role of Gender Differences in Employment Risk

142/2020, A03, C02, Sena Coskun, Husnu C. Dalgic. First version: January 2020. Published in Journal of Monetary Economics 142 (2024), 103523

Human Capitalists, Reallocation and the Global Division of Labor

141/2020, B06, Jan Schymik. First version: January 2020