CRC TR 224 Discussion papers

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2023

2022

2021

2020

2019

2018

2023

Sequentially Stable Outcomes
463/2023, B02, Francesc Dilmé
Digital Linkage Between Markets: Does Emergence of an Informed Insurer Cause Consumer Harm?
462/2023, B04, Claudia Herresthal, Tatiana Mayskaya, Arina Nikandrova
Internet (Power) to the People: How to Bridge the Digital Divide
461/2023, A02, Julian Hidalgo, Michelle Sovinsky
Timing Decisions Under Model Uncertainty
460/2023, B02, Sarah Auster, Christian Kellner
Merger Analysis with IIA Demand and Type Aggregation
459/2023, B03, Volker Nocke, Nicolas Schutz
Consumption Commitments and Unemployment Insurance
458/2023, C05, Javier López Segovia
Job Displacement and Migrant Labor Market Assimilation
457/2023, A05, Mária Balgová, Hannah Illing
How Families Matter for Understanding Economic Inequality
456/2023, A03, Cezar Santos, Michèle Tertilt
When Effective Teacher Training Falls Short in the Classroom: Evidence from an Experiment in Primary Schools
455/2023, A03, Suzanne Bellue, Adrien Bouguen, Marc Gurgand, Valerie Munier, André Tricot
Capital Risk, Fiscal Policy, and the Distribution of Wealth
454/2023, C03, Andrea Modena, Luca Regis
Dynamic Tax Evasion and Capital Misallocation in General Equilibrium
453/2023, C03, Francesco Menoncin, Andrea Modena, Luca Regis
Optimal Security Design for Risk-Averse Investors
452/2023, B01, Alex Gershkov, Benny Moldovanu, Philipp Strack, Mengxi Zhang
Can Social Comparisons and Moral Appeals Induce a Modal Shift Towards Low-Emission Transport Modes?
451/2023, B07, Johannes Gessner, Wolfgang Habla, Ulrich J. Wagner
The Welfare Economics of Reference Dependence
450/2023, C01, Daniel Reck, Arthur Seibold
A HANK² Model of Monetary Unions
449/2023, C05, Christian Bayer, Alexander Kriwoluzky, Gernot J. Müller, Fabian Seyrich
Ad Blocking, Whitelisting, and Advertiser Competition
448/2023, B03, B04, B05, Martin Peitz, Anton Sobolev, Paul Wegener
Denial of Interoperability and Future First-Party Entry
447/2023, B05, Massimo Motta, Martin Peitz
Kicking the Can Down the Road: Government Interventions in the European Banking Sector
446/2023, C03, Viral V. Acharya, Lea Borchert, Maximilian Jager, Sascha Steffen
Clear(ed) Decision: The Effect of Central Clearing on Firms Financing Decision
445/2023, C03, Maximilian Jager, Frederick Zadow
Differentiation in Risk Profiles
444/2023, C03, Christina Brinkmann
Persuasion With Limited Data: A Case-Based Approach
443/2023, B02, Shiri Alon, Sarah Auster, Gabi Gayer, Stefania Minardi
Strategic Incentives and the Optimal Sale of Information
442/2023, B03, Rosina Rodríguez Olivera
Eliciting Moral Preferences Under Image Concerns: Theory and Evidence
441/2023, A01, Roland Bénabou, Armin Falk, Luca Henkel, Jean Tirole
Experimental Evidence on the Relationship Between Perceived Ambiguity and Likelihood Insensitivity
440/2023, A01, Luca Henkel
The Digital Markets Act and the Whack-A-Mole Challenge
439/2023, B05, Jens-Uwe Franck, Martin Peitz
Approval vs. Participation Quorums
438/2023, B03, Dmitriy Vorobyev, Azamat Valei, Andrei Matveenko
Job Levels and Wages
437/2023, C05/A03, Christian Bayer, Moritz Kuhn
No Taxation Without Reallocation: The Distributional Effects of Tax Changes
436/2023, C02, Stephanie Ettmeier
Quantifying the Germany Shock: Structural Reforms and Spillovers in a Currency Union
435/2023, B06, Harald Fadinger, Philipp Herkenhoff, Jan Schymik
Worst-Case Equilibria in First-Price Auctions
434/2023, B04, Vitali Gretschko, Helene Mass
Two-Dimensional Information Acquisition In Social Learning
433/2023, B04, Nina Bobkova, Helene Mass
Who Pays for the Tariffs and Why? A Tale of Two Countries
432/2023, B06, Chaonan Feng, Liyan Han, Lei Li
Financial Stability and Financial Regulation under Diagnostic Expectations
431/2023, C02, Antoine Camous, Alejandro Van der Ghote
Committee Deliberation and Gender Differences in Influence
430/2023, A05, Jonas Radbruch, Amelie Schiprowski
Antitrust Fines and Managerial Liability
429/2023, B05, Jens-Uwe Franck, Till Seyer
Asymmetric Platform Oligopoly
428/2023, B05, Martin Peitz, Susumu Sato
Existence of a Non-Stationary Equilibrium in Search-And-Matching Models: TU and NTU
427/2023, B04, Christopher Sandmann, Nicolas Bonneton
The Market for Ethical Goods
426/2023, B04, Nicolas Bonneton
Sparking Curiosity or Tipping the Scales? Targeted Advertising with Consumer Learning
425/2023, B03, Andrei Matveenko, Egor Starkov
Auerbach, Lotka, Zipf – Pioneers of Power-Law City-Size Distributions
424/2023, A04, Diego Rybski, Antonio Ciccone
Pandemic Consumption
423/2023, C05, Rüdiger Bachmann, Christian Bayer, Martin Kornejew
How to Apply the Self-Preferencing Prohibition in the DMA
422/2023, B05, Martin Peitz
Consumer Search, Steering and Choice Overload
421/2023, B03, Volker Nocke, Patrick Rey
Network Effects on Information Acquisition by DeGroot Updaters
420/2023, B05, Miguel Risco
Federal Unemployment Reinsurance Amid Local Labor-Market Policy
419/2023, C05, Marek Ignaszak, Philip Jung, Keith Kuester
Less Bank Regulation, More Non-Bank Lending
418/2023, C03, Mary Chen, Seung Jung Lee, Daniel Neuhann, Farzad Saidi
Placement With Assignment Guarantees and Semi-Flexible Capacities
417/2023, B03, Orhan Aygün, Günnur Ege Bilgin
Imperfect Banking Competition and the Propagation of Uncertainty Shocks
416/2023, C05, Tommaso Gasparini
Inefficient Bank Recapitalization, Bailout and Post-Crisis Recoveries
415/2023, C03, Andrea Modena
Voting With Interdependent Values: The Condorcet Winner
414/2023, B01, Alex Gershkov, Andreas Kleiner, Benny Moldovanu, Xianwen Shi
Order Independence in Sequential, Issue-by-Issue Voting
413/2023, B01, Alex Gershkov, Benny Moldovanu, Xianwen Shi
Public Debt and the Balance Sheet of the Private Sector
412/2023, C03, Hans Gersbach, Jean-Charles Rochet, Ernst-Ludwig von Thadden
Value for Money and Selection: How Pricing Affects Airbnb Ratings
411/2023, C03, Christoph Carnehl, Maximilian Schaefer, André Stenzel, Kevin Ducbao Tran
The Effect of Removing Early Retirement on Mortality
410/2023, A02, C01, Cristina Bellés-Obrero, Sergi Jiménez-Martín, Han Ye
Tournament Incentives Affect Perceived Stress and Hormonal Stress Responses
409/2023, A05, Thomas Dohmen, Ingrid M.T. Rohde, Tom Stolp
Identification of Systematic Monetary Policy
408/2023, C05, Lukas Hack, Klodiana Istrefi, Matthias Meier. First version: April 2023
Labor Market Effects of Monetary Policy Across Workers and Firms
407/2023, A03, C05, Andreas Gulyas, Matthias Meier, Mykola Ryzhenkov
Inflation Distorts Relative Prices: Theory and Evidence
406/2023, C02, Klaus Adam, Andrey Alexandrov, Henning Weber
Information Transmission in Voluntary Disclosure Games
405/2023, B01, Avi Lichtig, Ran Weksler
Endogenous Lemon Markets: Risky Choices and Adverse Selection
404/2023, B01, Avi Lichtig, Ran Weksler
Spillover Effects of Old-Age Pension Across Generations: Family Labor Supply and Child Outcomes
403/2023, C01, Katja Maria Kaufmann, Yasemin Özdemir, Han Ye
Air Quality, High-Skilled Worker Productivity And Adaptation: Evidence From Github
402/2023, B07, Felix Holub, Beate Thies
Spite in Litigation
401/2023, A01, Wladislaw Mill, Jonathan Stäbler
Price Competition and Endogenous Product Choice in Networks: Evidence From the US Airline Industry
400/2023, A02, Christian Bontemps, Cristina Gualdani, Kevin Remmy
Optimal Insurance: Dual Utility, Random Losses and Adverse Selection
399/2023, B01, Alex Gershkov, Benny Moldovanu, Philipp Strack, Mengxi Zhang
Overexertion of Effort Under Working Time Autonomy and Feedback Provision
398/2023, A05, Thomas Dohmen, Elena Shvartsman
Accounting for Individual-Specific Reliability of Self-Assessed Measures of Economic Preferences and Personality Traits
397/2023, A05, Thomas Dohmen, Tomáš Jagelka
Crossing Borders: Labor Market Effects of European Integration
396/2023, A05, Hannah Illing
Revenue Maximization With Partially Verifiable Information
395/2023, B01, Marco Reuter
The Value of Decentralization Using the Blockchain
394/2023, B01, Marco Reuter
Dynamic Tax Evasion and Growth With Heterogeneous Agents
393/2023, C03, Francesco Menoncin, Andrea Modena
Full Surplus Extraction From Colluding Bidders
392/2023, B01, Daniil Larionov
Monopsony Makes Firms Not Only Small but Also Unproductive: Why East Germany Has Not Converged
391/2023, C05, Rüdiger Bachmann, Christian Bayer, Heiko Stüber, Felix Wellschmied
Support for Renewable Energy: The Case of Wind Power
390/2023, B07, Robert Germeshausen, Sven Heim, Ulrich Wagner
Liquidity Regulation and Bank Risk Taking on the Horizon
389/2023, C03, Joshua Bosshardt, Ali Kakhbod, Farzad Saidi
Energy Tax Exemptions and Industrial Production
388/2023, B07, Andreas Gerster, Stefan Lamp
Fiscal Progressivity and the Time Consistency of Monetary Policy
387/2023, C02, Antoine Camous
Market Definition and Three 19A Designations Under German Antitrust Law: Alphabet, Meta, and Amazon
386/2023, B05, Jens-Uwe Franck, Martin Peitz
The Status Quo and Belief Polarization of Inattentive Agents: Theory and Experiment
385/2023, B03, Vladimir Novak, Andrei Matveenko, Silvio Ravaioli

2022

Search Disclosure
384/2022, B03, Carl-Christian Groh, Marcel Preuss
Search, Data, and Market Power
383/2022, B03, Carl-Christian Groh
Training in Late Careers: A Structural Approach
382/2022, C01, Teresa Backhaus
The Gender Gap in Earnings Losses After Job Displacement
381/2022, A05, Hannah Illing, Johannes Schmieder, Simon Trenkle
Proud to Not Own Stocks: How Identity Shapes Financial Decisions
380/2022, A01, C01, Luca Henkel, Christian Zimpelmann
Staggered Contracts and Unemployment During Recessions
379/2022, A03, Effrosyni Adamopoulou, Luis Diez-Catalan, Ernesto Villanueva. Published in IZA World of Labor, 2022
Currency Competition With Firms
378/2022, C03, Maxi Guennewig
First Best Implementation With Costly Information Acquisition
377/2022, B01, Daniil Larionov, Hien Pham, Takuro Yamashita, Shuguang Zhu
Correcting Small Sample Bias in Linear Models With Many Covariates
376/2022, B06, Miren Azkarate-Askasua, Miguel Zerecero
Enforcing Fintech Competition: Some Reflections on Institutional Design
375/2022, B05, Jens-Uwe Franck
Subsidies, Speed and Switching? Impacts of an Internet Subsidy in Colombia
374/2022, A02, Julian Hidalgo, Michelle Sovinsky
Coordinated Firm-Level Work Processes and Macroeconomic Resilience
373/2022, A03, Moritz Kuhn, Jinfeng Luo, Iourri Manovskii, Xincheng Qiu
The Economics of Woman's Rights: The Mary Paley and Alfred Marshall Lecture
372/2022, A03, A04, Michele Tertilt, Matthias Doepke, Anne Hannusch, Laura Montenbruck. Published in Journal of the European Economic Association, 20: 6, 2271-2316, 2023
The Law and Economics of AI Liability
371/2022, B05, Miriam Buiten, Alexandre de Streel, Martin Peitz
Optimally Biased Expertise
370/2022, B03, Pavel Ilinov, Andrei Matveenko, Maxim Senkov, Egor Starkov
Agenda-Manipulation in Ranking
369/2022, B02, Gregorio Curello, Ludvig Sinander
Wealth of Two Nations: The U.S. Racial Wealth Gap, 1860-2020
368/2022, A03, C02, Ellora Derenoncourt, Chi Hyun Kim, Moritz Kuhn, Moritz Schularick
Open Markets in the Era of Fintech and Big Tech: Lessons for the Institutional Design of Competition Policy
367/2022, B05, Jens-Uwe Franck
Prolonged Learning and Hasty Stopping: The Wald Problem With Ambiguity
366/2022, B02, Sarah Auster, Yeon-Koo Che, Konrad Mierendorff
Market Power of Digital Platforms
365/2022, B05, Jens-Uwe Franck, Martin Peitz
Screening With Frames: Implementation in Extensive Form
364/2022, B02, Franz Ostrizek, Denis Shishkin
China's Skill-Biased Imports
363/2022, B06, Hongbin Li, Lei Li, Hong Ma. Published in China Economic Review, 74, 1-17, 2022.
Sorting Versus Screening in Decentralized Markets With Adverse Selection
362/2022, B02, Sarah Auster, Piero Gottardi
The Role of Marital Status for the Evaluation of Bankruptcy Regimes
361/2022, A03, Jan Sun
Corporate Debt Maturity Matters for Monetary Policy
360/2022, C02, C05, Joachim Jungherr, Matthias Meier, Timo Reinelt, Immo Schott
Persuasion Without Priors
359/2022, B03, B04, Alexei Parakhonyak, Anton Sobolev
Vague by Design: Performance Evaluation and Learning From Wages
358/2022, B02, Franz Ostrizek
The Wrong Kind of Information
357/2022, B03, Aditya Kuvalekar, João Ramos, Johannes Schneider
Estimation of DSGE Models With the Effective Lower Bound
356/2022, C05, Gregor Boehl, Felix Strobel
Ensemble MCMC Sampling for DSGE Models
355/2022, C05, Gregor Boehl
Voting to Persuade
354/2022, B01, Tsz-Ning Wong, Lily Ling Yang, Xin Zhao
The Empirical Performance of Financial Frictions Since 2008
353/2022, C05, Gregor Boehl, Felix Strobel
Optimal Information Design of Online Marketplaces With Return Rights
352/2022, B03, Jonas von Wangenheim
The Unequal Consequences of Job Loss Across Countries
351/2022, A03, Antoine Bertheau, Edoardo Acabbi, Cristina Barceló, Andreas Gulyas, Stefano Lombardi, Raffaele Saggio
Narratives About the Macroeconomy
350/2022, A01, Peter Andre, Ingar Haaland, Christopher Roth, Johannes Wohlfart
MyPortfolio: The IKEA Effect in Financial Decisions
349/2022, A01, Fabian Brunner, Fabian Gramm, Wladislaw Mill
Acquisition, (Mis)use and Dissemination of Information: The Blessing of Cursedness and Transparency
348/2022, B02, Franz Ostrizek, Elia Sartori
The Economics of Fertility: A New Era
347/2022, A03, Matthias Doepke, Anne Hannusch, Fabian Kindermann, Michèle Tertilt. Published in Lundberg, Shelly & Voena, Alessandra (eds.): Handbook of Family Economics, 1, 151-254, 2023
Bundling Time and Goods: Implications for the Dispersion in Hours Worked
346/2022, A03, Lei Fang, Anne Hannusch, Pedro Silos
The Long-Run Effects of Immigration: Evidence Across a Barrier to Refugee Settlement
345/2022, A04, Antonio Ciccone, Jan Nimczik
Strategic Communication With a Small Conflict of Interest
344/2022, B02, Francesc Dilmé
Modeling Bank Panics: Challenges
343/2022, C02, Lawrence Christiano, Husnu Dalgic, Xiaoming Li
On Risk and Time Pressure: When to Think and When to Do
342/2022, B03, Christoph Carnehl, Johannes Schneider
Inequity Aversion and Limited Foresight in the Repeated Prisoner's Dilemma
341/2022, C01, Teresa Backhaus, Yves Breitmoser
Selective Exposure Reduces Voluntary Contributions: Experimental Evidence From the German Internet Panel
340/2022, B05, Federico Innocenti, Linnéa Marie Rohde
Barriers to Real-Time Electricity Pricing: Evidence From New Zealand
339/2022, A02, Charles Pébereau, Kevin Remmy
Lifestyle Behaviors and Wealth-Health Gaps in Germany
338/2022, A03, Lukas Mahler, Minchul Yum
Expectations Data in Asset Pricing
337/2022, C02, Klaus Adam, Stefan Nagel
Inflated Recommendations
336/2022, B03, B04, B05, Martin Peitz, Anton Sobolev
Adjustable Product Attributes, Indirect Network Effects, and Subsidy Design: The Case of Electric Vehicles
335/2022, A02, Kevin Remmy
A Behavioral Heterogeneous Agent New Keynesian Model
334/2022, C02, Oliver Pfäuti, Fabian Seyrich
Skewness Expectations and Portfolio Choice
333/2022, C01, Tilman H. Drerup, Matthias Wibral, Christian Zimpelmann
Gendered Impacts of COVID-19 in Developing Countries
332/2022, A03, Titan Alon, Matthias Doepke, Kristina Manysheva, Michèle Tertilt
Collusion Between Non-differentiated Two-Sided Platforms
331/2022, B05, Martin Peitz, Lily Samkharadze. First version: January 2022
Responsible Investment and Responsible Consumption
330/2022, C03, Hendrik Hakenes, Eva Schliephake
Simultaneous Search and Adverse Selection
329/2022, B02, Sarah Auster, Piero Gottardi, Ronald Wolthoff. First version: January 2022
Voting With Endogenous Timing
328/2022, B04, Finn Schmieter
Partnership Dissolution in a Search Market With On-The-Match Learning
327/2022, B04, Finn Schmieter
Minimum Wages and Insurance Within the Firm
326/2022, B01, Effrosyni Adamopoulou, Francesco Manaresi, Omar Rachedi, Emircan Yurdagul. First version: January 2022

2021

Inflation Narratives
325/2021, A01, Peter Andre, Ingar Haaland, Christopher Roth, Johannes Wohlfart
The Payday Loan Puzzle: A Credit Scoring Explanation
324/2021, A03, Tsung-Hsien Li, Jan Sun
Egocentric Norm Adoption
323/2021, A01, Thomas Neuber
Reference Points and the Tradeoff Between Risk and Incentives
322/2021, A01, Thomas Dohmen, Arjan Non, Tom Stolp
The Geography of Job Creation and Job Destruction
321/2021, A03, Moritz Kuhn, Iourii Manovskii, Xincheng Qiu
Job Search During a Pandemic Recession - Survey Evidence from the Netherlands
320/2021, C01, Maria Balgova, Simon Trenkle, Christian Zimpelmann, Nico Pestel
Prosociality Predicts Individual Behavior and Collective Outcomes in the COVID-19 Pandemic
319/2021, B07, Ximeng Fang, Timo Freyer, Chui Yee Ho, Zihua Chen, Lorenz Goette
Shallow Meritocracy
318/2021, A01, Peter Andre. Second version: February 2022. First version: September 2021
The Case for a Positive Euro Area Inflation Target: Evidence From France, Germany and Italy
317/2021, C02, Klaus Adam, Erwan Gautier, Sergio Santoro, Henning Weber
Relational Contracts and Trust in a High-Tech Industry
316/2021, B04, Giacomo Calzolari, Leonardo Felli, Johannes Koenen, Giancarlo Spagnolo, Konrad O. Stahl
Consumer Search and Choice Overload
315/2021, B03, Volker Nocke, Patrick Rey
Dutch vs. First-Price Auctions With Expectations-Based Loss-Averse Bidders
314/2021, B03, Benjamin Balzer, Antonio Rosato, Jonas von Wangenheim
English Versus Vickrey Auctions With Loss-Averse Bidders
313/2021, B03, Jonas von Wangenheim
School Choice and Loss Aversion
312/2021, B03, Vincent Meisner, Jonas von Wangenheim,
Information Nudges and Self-Control
311/2021, B03, Thomas Mariotti, Nikolaus Schweizer, Nora Szech, Jonas von Wangenheim
Fighting Climate Change: The Role of Norms, Preferences, and Moral Values
310/2021, A01, B03, Peter Andre, Teodora Boneva, Felix Chopra, Armin Falk
The Intergenerational Correlation of Employment
309/2021, A03, Gabriela Galassi, David Koll, Lukas Mayr
What’s Worth Knowing? Economists’ Opinions About Economics
308/2021, A01, Peter Andre, Armin Falk
Limited Self-Knowledge and Survey Response Behavior
307/2021, A01, Armin Falk, Thomas Neuber, Philipp Strack
Financial Dollarization in Emerging Markets: Efficient Risk Sharing or Prescription for Disaster?
306/2021, C02, Lawrence Christiano, Husnu Dalgic, Armen Nurbekyan
Status Externalities and Low Birth Rates in Korea
305/2021, A03, Seongeun Kim, Michèle Tertilt, Minchul Yum
The Directive on Unfair Trading Practices in the Agri-Food Supply Chain: Regulatory Ambitions and Legal Instruments
304/2021, B05, Jens-Uwe Franck
Strategic Pricing and Ratings
303/2021, B04, C03, Anton Sobolev, Konrad Stahl, André Stenzel, Christoph Wolf
The Effectiveness of Strategies to Contain SARS-CoV-2: Testing, Vaccinations, and NPIs
302/2021, A02, C01, Janos Gabler, Tobias Raabe, Klara Röhrl, Hans-Martin von Gaudecker
From Mancession to Shecession: Women’s Employment in Regular and Pandemic Recessions
301/2021, A03, Titan Alon, Sena Coskun, Matthias Doepke, David Koll, Michèle Tertilt
The Economic Costs of NIMBYism - Evidence From Renewable Energy Projects
300/2021, B07, Stephen Jarvis
Fragile Boys (and Girls)? Determinants and Long-Term Consequences of Socioemotional Development
299/2021, C01, Ghazala Azmat, Katja Maria Kaufmann, Yasemin Özdemir
Can Media Pluralism Be Harmful to News Quality?
298/2021, B05, Federico Innocenti. First version: May 2021
Digital Platforms and the New 19a Tool in the German Competition Act
297/2021, B05, Jens-Uwe Franck, Martin Peitz. Published in Journal of European Competition Law & Practice, 12: 513-528, 2021
Bayesian Persuasion With Costly Information Acquisition
296/2021, B02, Ludmila Matysková, Alfonso Montes
Relational Enforcement
295/2021, B04, Peter Wagner, Jan Knoepfle
Achievement Rank Affects Performance and Major Choices in College
294/2021, A02, Benjamin Elsner, Ingo E. Isphording, Ulf Zölitz. Published in Economic Journal, 131(640): 3182-3206, 2021
Patience and Comparative Development
293/2021, A01, Uwe Sunde, Thomas Dohmen, Benjamin Enke, Armin Falk, David Huffman, Gerrit Meyerheim. Published in Review of Economic Studies, 89(5): 2806-2840, 2022. First version: April 2021.
Optimal Retail Contracts With Return Policies
292/2021, C03, Ying-Ju Chen, Zhengqing Gui, Ernst-Ludwig von Thadden, Xiaojian Zhao
Luxuries, Necessities, and the Allocation of Time
291/2021, A03, Lei Fang, Anne Hannusch, Pedro Silos. First version: April 2021
Monotonic Norms and Orthogonal Issues in Multidimensional Voting
290/2021, B01, Alex Gershkov, Benny Moldovanu, Xianwen Shi
Voting Agendas and Preferences on Trees: Theory and Practice
289/2021, B01, Andreas Kleiner, Benny Moldovanu
Extreme Points and Majorization: Economic Applications
288/2021, B01, Andreas Kleiner, Benny Moldovanu, Philipp Strack. Published in Econometrica, 89(4): 1557-1593, 2021
Rational vs. Irrational Beliefs in a Complex World
287/2021, C01, Gregor Boehl, Cars Hommes
Gibrat's Law for Cities: Evidence From World War I Casualties
286/2021, A04, Antonio Ciccone
The Habit-Forming Effects of Feedback: Evidence From a Large-Scale Field Experiment
285/2021, B07, David P. Byrne, Lorenz Goette, Leslie A. Martin, Lucy Delahey, Alana Jones, Amy Miles, Samuel Schob, Thorsten Staake, Verena Tiefenbeck
Representation Is Not Sufficient For Selecting Gender Diversity
284/2021, B02, Justus Baron, Bernhard Ganglmair, Nicola Persico, Timothy Simcoe, Emanuele Tarantino
The Dynamics of Goal Setting: Evidence From a Field Experiment on Resource Conservation
283/2021, B07, Lorenz Goette, Hua-Jing Han, Zhi Hao Lim
Markups for Consumers
282/2021, B02, Bernhard Ganglmair, Alexander Kann, Ilona Tsanko. Published in Journal of Economics and Statistics (JBNST), Special issue: Market Power and Concentration Developments, 241(5-6): 701-734 , 2021
Collective Brand Reputation
281/2021, B03, Volker Nocke, Roland Strausz
Competitive Price Discrimination, Imperfect Information, and Consumer Search
280/2021, B03, Carl-Christian Groh
Credit Conditions When Lenders Are Commonly Owned
279/2021, A02, Mattia Colombo, Laura Grigolon, Emanuele Tarantino
Partial Compatibility in Oligopoly
278/2021, B05, Federico Innocenti, Domenico Menicucci. Published in Journal of Economic Behavior and Organization, 188: 351-378, 2021
Biased Beliefs and Stigma as Barriers to Treatment and Innovation Adoption
277/2021, A02, Laura Grigolon, Laura Lasio. First version: April 2021
Eating Habits: The Role of Early Life Experiences and Intergenerational Transmission
276/2021, A03, B05, Effrosyni Adamopoulou, Elisabetta Olivieri, Eleftheria Triviza
Market Depth, Leverage, and Speculative Bubbles
275/2021, C03, Zeno Enders, Hendrik Hakenes
Dynamic Inconsistency in Risky Choice: Evidence From the Lab and Field
274/2021, C01, Rawley Heimer, Zwetelina Iliewa, Alex Imas, Martin Weber
Gender Differences in Financial Advice
273/2021, C01, Tabea Bucher-Koenen, Andreas Hackethal, Johannes Koenen, Christine Laudenbach
The Distribution of Ambiguity Attitudes
272/2021, C01, Hans-Martin von Gaudecker, Axel Wogrolly, Christian Zimpelmann. First version: April 2021. For early version of this paper please contact the CRC office.
The COVID-19 Pandemic and Mental Health: Disentangling Crucial Channels
271/2021, C01, Bettina Siflinger, Michaela Paffenholz, Sebastian Seitz, Moritz Mendel, Hans-Martin von Gaudecker
How Do Parents Perceive the Returns to Parenting Styles and Neighborhoods?
270/2021, A02, Lukas Kiessling. Published in European Economic Review 139, 103906, 2021. First version: March 2021
Elite Higher Education, the Marriage Market and the Intergenerational Transmission of Human Capital
269/2021, C01, Katja M. Kaufmann, Matthias Messner, Alex Solis
Interview Sequences and the Formation of Subjective Assessments
268/2021, A01, B04, Jonas Radbruch, Amelie Schiprowski. First version: March 2021
When and Why Do Buyers Rate in Online Markets?
267/2021, B04, Xiang Hui, Tobias J. Klein, Konrad Stahl. First version: March 2021
The Hockey Stick Phillips Curve and the Zero Lower Bound
266/2021, C01, Gregor Boehl, Philipp Lieberknecht
People Meet People - A Microlevel Approach to Predicting the Effect of Policies on the Spread of COVID-19
265/2021, A02, C01, Janos Gabler, Tobias Raabe, Klara Röhrl
Unemployment Insurance Reforms in a Search Model With Endogenous Labor Force Participation
264/2021, A03, Johannes Goensch, Andreas Gulyas, Ioannis Kospentaris
Does Re-Opening Schools Contribute to the Spread of Sars-Cov-2? Evidence From Staggered Summer Breaks in Germany
263/2021, A02, Ingo E. Isphording, Marc Lipfert, Nico Pestel. Published in Journal of Public Economics, 198, 104426, 2021
Pandemic Meets Pollution: Poor Air Quality Increases Deaths by COVID-19
262/2021, A02, Ingo E. Isphording, Nico Pestel. Published in Journal of Environmental Economics and Management, 108, 102448, 2021
Unequal and Unstable: Income Inequality and Bank Risk
261/2021, C03, C04, Yuliyan Mitkov, Ulrich Schüwer
Capital (Mis)Allocation and Incentive Misalignment
260/2021, B06, Alexander Schramm, Alexander Schwemmer, Jan Schymik
Market Definition in the Platform Economy
259/2021, B05, Jens-Uwe Franck, Martin Peitz. First version: January 2021
Stock Market Beliefs and Portfolio Choice in the General Population
258/2021, C01, Christian Zimpelmann
High-Frequency Trading and Price Informativeness
257/2021, C04, Jasmin Gider, Simon N. M. Schmickler, Christian Westheide
Optimal Delegation and Information Transmission Under Limited Awareness
256/2021, B02, Sarah Auster, Nicola Pavoni. Second version: July 2021. First version: January 2021
The Effect of Increasing Retirement Age on Households’ Savings and Consumption Expenditures
255/2021, C01, Stefan Etgeton, Björn Fischer, Han Ye. Second version: January 2022. First version: January 2021. For early versions of this paper please contact the CRC office.
Sequential Trading With Coarse Contingencies
254/2021, B02, Sarah Auster, Jeremy Kettering, Asen Kochov. First version: January 2021
Efficient Solution and Computation of Models With Occasionally Binding Constraints
253/2021, C01, Gregor Boehl

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
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
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
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
The Cost of a Divided America: An Experimental Study Into Destructive Behavior
238/2020, A01, Wladislaw Mill, John Morgan
Gender Gaps and the Role of Bosses
237/2020, A04, B07, Moritz Drechsel-Grau, Felix Holub
Gravity With Granularity
236/2020, B03, B06, Holger Breinich, Harald Fadinger, Volker Nocke, Nicolas Schutz
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
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. For early version of this paper please contact the CRC office. Published in American Economic Journal: Microeconomics, 12(3): 189-245, 2020.
Monetary Policy and Speculative Asset Markets
224/2020, C01, Gregor Boehl
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
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
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. For early version of this paper please contact the CRC office.
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
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
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(3): 741-773, 2022
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. First version: July 2020. For early version of this paper please contact the CRC office.
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
Skill-Biased Imports, Human Capital Accumulation, and the Allocation of Talent
189/2020, B06, Jingting Fan, Lei Li. First version: June 2020. For early version of this paper please contact the CRC office.
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
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
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(9): 3039-3062, 2022
State Aid Policies in Response to the COVID-19 Shock: Observations and Guiding Principles
179/2020, B05, Massimo Motta, Martin Peitz
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
Wage Determination and the Bite of Collective Contracts in Italy and Spain: Evidence From the Metalworking Industry
176/2020, A03, Effrosyni Adamopoulou, Ernesto Villanueva
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. For early version of this paper please contact the CRC office.
"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. For early version of this paper please contact the CRC office.
Self-Assessment: The Role of the Social Environment
172/2020, A01, Armin Falk, Fabian Kosse, Hannah Schildberg-Hörisch, Florian Zimmermann
A Simple, Non-Recursive Model of the Spread of COVID-19 With Applications to Policy
171/2020, C03, Ernst-Ludwig von Thadden
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. For early version of this paper please contact the CRC office.
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. For early version of this paper please contact the CRC office. 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
The Role of Social Networks in Bank Lending
162/2020, C03, C04, Oliver Rehbein, Simon Rother. First version: March 2020. For early version of this paper please contact the CRC office.
Monetary Policy, Markup Dispersion, and Aggregate TFP
161/2020, C02, Matthias Meier, Timo Reinelt
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. For early version of this paper please contact the CRC office.
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. For early version of this paper please contact the CRC office. 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. For early version of this paper please contact the CRC office.
Optimal Pricing, Private Information and Search for an Outside Offer
151/2020, B02, Sarah Auster, Nenad Kos, Salvatore Piccolo. First version: April 2020
Student Performance and Loss Aversion
150/2020, B05, Heiko Karle, Dirk Engelmann, Martin Peitz
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. For early version of this paper please contact the CRC office.
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. For early version of this paper please contact the CRC office. Published in Information Economics and Policy, 54: 100868 , 2021
Robust Bidding and Revenue in Descending Price Auctions
146/2020, B04, Sarah Auster, Christian Kellner
Hidden Testing and Selective Disclosure of Evidence
145/2020, B04, Claudia Herresthal. First version: January 2020. For early version of this paper please contact the CRC office.
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. For early version of this paper please contact the CRC office. 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. For early version of this paper please contact the CRC office.
Human Capitalists, Reallocation and the Global Division of Labor
141/2020, B06, Jan Schymik. First version: January 2020. For early version of this paper please contact the CRC office.

2019

Ad Clutter, Time Use, and Media Diversity
140/2019, B05, Simon P. Anderson, Martin Peitz. First version: December 2019. For early version of this paper please contact the CRC office.
Will You Marry Me, Later? Age-of-Marriage Laws and Child Marriage in Mexico
139/2019, A02, Cristina Bellés-Obrero, María Lombardi. First version: December 2019. For early version of this paper please contact the CRC office. Published in Journal of Human Resources, 58(1): 221-259, 2023
Can You Trust the Blockchain? The (Limited) Power of Peer-to-Peer Networks for Information Provision
138/2019, C03, Benedikt Franke, Qi Gao, André Stenzel
The Competitive Impacts of Exclusivity and Price Transparency in Markets With Digital Platforms
137/2019, B05, Paul Belleflamme, Martin Peitz
Bidding in Common-Value Auctions With an Uncertain Number of Competitors
136/2019, B04, B05, Stephan Lauermann, Andre Speit
Overcoming Free-Riding in Bandit Games
135/2019, B04, Johannes Hörner, Nicolas Klein, Sven Rady. First version: November 2019. For early version of this paper please contact the CRC office. Published in Review of Economic Studies, 89(4): 1948-1992 , 2022
Young, Educated, Unemployed
134/2019, A03, Sena Coskun. First version: November 2019. For early version of this paper please contact the CRC office.
Bargaining and Delay in Thin Markets
133/2019, B02, Francesc Dilmé. Published as "Bargaining in Small Dynamic Markets" in Journal of Economic Theory, 207: 105589, 2023
Relational Contracts: Public Versus Private Savings
132/2019, B02, Francesc Dilmé, Daniel Garrett. Published in Econometrica, 91(3): 1025-1075, 2023
Understanding the Sources of Earnings Losses After Job Displacement: A Machine-Learning Approach
131/2019, A03, Andreas Gulyas, Krzysztof Pytka. First version: October 2019. For early version of this paper please contact the CRC office.
Undiscounted Bandit Games
130/2019, B01, Godfrey Keller, Sven Rady. First version: October 2019. For early version of this paper please contact the CRC office. Published in Games and Economic Behavior, 124: 43-61, 2020
Occupation Growth, Skill Prices, and Wage Inequality
129/2019, C01, Michael J. Böhm, Hans-Martin von Gaudecker, Felix Schran
Persuasion and Information Aggregation in Large Elections
128/2019, B03, B04, Carl Heese, Stephan Lauermann
Blurred Boundaries: A Flexible Approach for Segmentation Applied to the Car Market
127/2019, B03, Laura Grigolon
Teacher Performance Pay and Student Learning: Evidence From a Nationwide Program in Peru
126/2019, A02, Cristina Bellés-Obrero, Mará Lombardi
Information Aggregation in Poisson-Elections
125/2019, B04, Mehmet Ekmekci, Stephan Lauermann
Probabilistic Verification in Mechanism Design
124/2019, B04, Ian Ball, Deniz Kattwinkel
Structural Empirical Analysis of Vacancy Referrals With Imperfect Monitoring and the Strategic Use of Sickness Absence
123/2019, A03, Gerard J. van den Berg, Hanno Foerster, Arne Uhlendorff
Spatial Agglomeration and Superstar Firms: Firm-Level Patterns From Europe and U.S.
122/2019, B06, Laura Alfaro, Maggie X. Chen, Harald Fadinger. Published in Proceedings of the ECB Forum on Central Banking, 17‐19 June 2019, Sintra, Portugal: 152-183, 2019
Self-Selection of Peers and Performance
121/2019, A01, A02, Lukas Kiessling, Jonas Radbruch, Sebastian Schaube. First version: August 2019. Published in Management Science, 68(11): 7793-8514, 2022
The Balance Condition in Search-and-Matching Models
120/2019, B01, B04, Stephan Lauermann, Georg Nöldeke, Thomas Tröger. Published in Econometrica, 88(2): 595-618, 2020
Visibility of Technology and Cumulative Innovation: Evidence From Trade Secrets Laws
119/2019, B02, Bernhard Ganglmair, Imke Reimers. First version: August 2019. For early version of this paper please contact the CRC office.
Adjusting to Globalization in Germany
118/2019, A03, Wolfgang Dauth, Sebastian Findeisen, Jens Suedekum
Shareholder Activism in Germany
117/2019, C04, Andreas Engert
On Selecting the Right Agent
116/2019, B01, Geoffroy de Clippel, Kfir Eliaz, Daniel Fershtman, Kareen Rozen
Untying the Knot: How Child Support and Alimony Affect Couples’ Decisions and Welfare
115/2019, A03, Hanno Foerster. First version: August 2019. For early version of this paper please contact the CRC office.
Costless Information and Costly Verification: A Case for Transparency
114/2019, B04, Deniz Kattwinkel, Jan Knoepfle. Published in Journal of Political Economy, 131(2): 504-548, 2023
Habits as Adaptations: An Experimental Study
113/2019, B02, Ludmila Matysková, Brian Rogers, Jakub Steiner, Keh-Kuan Sun
Does Female Empowerment Promote Economic Development?
112/2019, A03, Matthias Doepke, Michèle Tertilt. Published in Journal of Economic Growth, 24: 309-343, 2019
Socio-Economic Status and Inequalities in Children’s IQ and Economic Preferences
111/2019, A01, A02, Armin Falk, Fabian Kosse, Pia Pinger, Hannah Schildberg-Hörisch, Thomas Deckers. Published in Journal of Political Economy, 129(9): 2504-2545, 2021
Employer Screening and Optimal Unemployment Insurance
110/2019, A03, Mario Meier, Tim Obermeier
The Marriage Market, Inequality and the Progressivity of the Income Tax
109/2019, A03, Tim Obermeier
The Deposit Base - Multibanking and Bank Stability
108/2019, C03, Hendrik Hakenes, Eva Schliephake
Mothers’ Care: Reversing Early Childhood Health Shocks Through Parental Investments
107/2019, A02, Cristina Bellés-Obrero, Antonio Cabrales, Sergi Jiménez-Martín, Judit Vall-Castello
Capital Adjustment Cost: Implications for Domestic and Export Sales Dynamics
106/2019, B06, Yanping Liu
Stock Price Cycles and Business Cycles
105/2019, C02, Klaus Adam, Sebastian Merkel
Efficient Sequential Screening
104/2019, B01, Boaz Zik
Unintended Health Costs of Gender Equalization
103/2019, A02, Cristina Bellés-Obrero, Sergi Jiménez-Martín, Judit Vall Castello. First version: July 2019. For early version of this paper please contact the CRC office.
Not Just a Work Permit: EU Citizenship and the Consumption Behaviour of Documented and Undocumented Immigrants
102/2019, A03, Effrosyni Adamopoulou, Ezgi Kaya. Published in Canadian Journal of Economics, 53: 1552-1598, 2020
Segmentation Versus Agglomeration: Competition Between Platforms With Competitive Sellers
101/2019, B05, Heiko Karle, Martin Peitz, Markus Reisinger. Published in Journal of Political Economy, 128: 2329-2374, 2020
Mission of the Company, Prosocial Attitudes and Job Preferences: A Discrete Choice Experiment
100/2019, A01, Arjan Non, Ingrid Rohde, Andries de Grip, Thomas Dohmen
Price Disclosure by Two-sided Platforms
099/2019, B05, Paul Belleflamme, Martin Peitz. Published in International Journal of Industrial Organization, 67, 2019
Optimal Non-Linear Pricing Scheme When Consumers Are Habit Forming
098/2019, B05, Eleftheria Triviza. First version: June 2019. For early version of this paper please contact the CRC office.
(Not) Everyone Can Be a Winner - The Role of Payoff Interdependence for Redistribution
097/2019, A01, Sebastian Schaube, Louis Strang
Motivated by Others’ Preferences? An Experiment on Imperfect Empathy
096/2019, A01, Jana Hofmeier, Thomas Neuber
Asset Price Bubbles and Systemic Risk
095/2019, C04, Markus Brunnermeier, Simon Rother, Isabel Schnabel. Published in Review of Financial Studies, 33(9): 4272-4317, 2020
The Real Exchange Rate, Innovation and Productivity: Regional Heterogeneity, Asymmetries and Hysteresis
094/2019, B06, Laura Alfaro, Alejandro Cuñat, Harald Fadinger, Yanping Liu
Fake Experts
093/2019, B01, Patrick Lahr, Justus Winkelmann
Determinants of Peer Selection
092/2019, A02, Lukas Kiessling, Jonas Radbruch, Sebastian Schaube
Allocating Losses: Bail-Ins, Bailouts and Bank Regulation
091/2019, C03, Todd Keister, Yuliyan Mitkov. First version: May 2019. For early version of this paper please contact the CRC office.
Inequality and Financial Fragility
090/2019, C03, Yuliyan Mitkov
Media See-Saws: Winners and Losers in Platform Markets
089/2019, B05, Simon P. Anderson, Martin Peitz. First version: May 2019. For early version of this paper please contact the CRC office. Published in Journal of Economic Theory, 186, 2020
Estimating Cross-Industry Cross-Country Interaction Models Using Benchmark Industry Characteristics
088/2019, A04, Antonio Ciccone, Elias Papaioannou
Local Search Markets and External Competition
087/2019, B04, Patrick Legros, Konrad Stahl
The Human Capital Stock: A Generalized Approach: Comment
086/2019, A04, Francesco Caselli, Antonio Ciccone
Heterogeneity, Transfer Progressivity and Business Cycles
085/2019, A03, Youngsoo Jang, Takeki Sunakawa, Minchul Yum. First version: April 2019. For early version of this paper please contact the CRC office.
Anticompetitive Vertical Merger Waves
084/2019, B03, Johan Hombert, Jerome Pouyet, Nicolas Schutz. Published in Journal of Industrial Economics, 67(3-4): 484-514, 2019
Revenue Management Without Commitment: Dynamic Pricing and Periodic Flash Sales
083/2019, B02, Francesc Dilmé, Fei Li. Published in Review of Economic Studies, 86(5): 1999-2034, 2019
Foreign Competition and the Durability of US Firm Investments
082/2019, B06, Philippe Fromenteau, Jan Schymik, Jan Tscheke
Trust, Investment and Competition: Theory and Evidence From German Car Manufacturers
081/2019, B04, Giacomo Calzolari, Leonardo Felli, Johannes Koenen, Giancarlo Spagnolo, Konrad Stahl
Informal Elections With Dispersed Information
080/2019, B04, Mehmet Ekmekci, Stephan Lauermann
The Dynamics of Households’ Stock Market Beliefs
079/2019, C01, Hans-Martin von Gaudecker, Axel Wogrolly
Pre-Trade Private Investments
078/2019, B02, Francesc Dilmé. Published in Games and Economic Behavior, 117: 89-119, 2019
Challenges for EU Merger Control
077/2019, B05, Massimo Motta, Martin Peitz
Ratings, Reviews, Recommendations and the Consumption of Cultural Goods
076/2019, B05, Paul Belleflamme, Martin Peitz
Do Plants Freeze Upon Uncertainty Shocks?
075/2019, C02, Ariel Mecikovsky, Matthias Meier
Rethinking Liability Rules for Online Hosting Platforms
074/2019, B05, Miriam Buiten, Alexandre de Streel, Martin Peitz. Published in International Journal of Law and Information Technology, 2020
The Dynamics of Motivated Beliefs
073/2019, A01, Florian Zimmermann. Published in American Economic Review, 110(2): 337-361, 2020
Determinants of Trust: The Role of Personal Experiences
072/2019, A01, Frederik Schwerter, Florian Zimmermann. Published in Games and Economic Behavior, 122: 413-425, 2020
Relationship of Gender Differences in Preferences to Economic Development and Gender Equality
071/2019, A01, Armin Falk, Johannes Hermle. Published in Science, 362(6412), 2018
Narratives, Imperatives, and Moral Reasoning
070/2019, A01, Roland Bénabou, Armin Falk, Jean Tirole
Risky Lifestyle Choices of Women With Breast Cancer
069/2019, A02, Chloé Michel, Michelle Sovinsky, Steven Stern. First version: February 2019.
An Equilibrium Model of the African HIV/AIDS Epidemic
068/2019, A03, Jeremy Greenwood, Philipp Kircher, Cezar Santos, Michèle Tertilt. Published in Econometrica, 87(4): 1081-1113, 2019
Taxing Families: The Impact of Child-Related Transfers on Maternal Labor Supply
067/2019, A03, Anne Hannusch. First version: January 2019. For early version of this paper please contact the CRC office.
Manipulated Electorates and Information Aggregation
066/2019, B04, Mehmet Ekmekci, Stephan Lauermann. Published in Review of Economic Studies, 87(2): 997-1033, 2020

2018

Opacity, Liquidity and Disclosure Policies
065/2018, C03, André Stenzel, Wolf Wagner
Incentive-Compatibility, Limited Liability and Costly Liquidation in Financial Contracting
064/2018, C03, Zhengqing Gui, Ernst-Ludwig von Thadden, Xiaojian Zhao. Published in Games and Economic Behavior, 118: 412-433, 2019
A Common-Value Auction With State-Dependent Participation
063/2018, B04, Stephan Lauermann, Asher Wolinsky. First version: December 2018. For early version of this paper please contact the CRC office.
Cheap Trade Credit and Competition in Downstream Markets
062/2018, B02, Mariassunta Giannetti, Nicolas Serrano-Velarde, Emanuele Tarantino. Published in Journal of Political Economy, 129(6): 1744-1796, 2021
Model-Based Evaluation of Cooling-off Policies
061/2018, C03, Christian Michel, André Stenzel. First version: December 2018. For early version of this paper please contact the CRC office. Published in Games and Economic Behavior, 129: 270-293, 2021
Distorted Input Ratios in Vertical Relationships
060/2018, B05, Martin Peitz, Dongsoo Shin. Published in Scandinavian Journal of Economics, 122: 1480-1509, 2020
General Equilibrium Feedback Regarding the Employment Effects of Labor Taxes
059/2018, A03, Minchul Yum. Published in Macroeconomic Dynamics, 24(8): 2012-2032, 2020
Forensic Econometrics: Demand Estimation When Data Are Missing
058/2018, B01, Julian Hidalgo, Michelle Sovinsky. Published in Japanese Economic Review, 70(3): 403-410, 2019
Patent Pools, Vertical Integration, and Downstream Competition
057/2018, B02, Markus Reisinger, Emanuele Tarantino. Published in RAND Journal of Economics, 50(1): 168-200, 2019
The Effect of Horizontal Mergers, When Firms Compete in Prices and Investments
056/2018, B02, Massimo Motta, Emanuele Tarantino
Steady States in Search-and-Matching Models
055/2018, B01, B04, Stephan Lauermann, Georg Nöldeke, Thomas Tröger
Auctions vs. Negotiations: Optimal Selling Mechanism With Endogenous Bidder Values
054/2018, B01, Mengxi Zhang
Heterogeneous Impacts of Cost Shocks, Strategic Bidding and Pass-Through: Evidence From the New England Electricity Market
053/2018, B07, Harim Kim. Published in American Economic Journal: Microeconomics, 14(2): 370-407, 2022
Does Electrification Cause Industrial Development? Grid Expansion and Firm Turnover in Indonesia
052/2018, B07, Dana Kassem. First version: November 2018
Financial Dollarization in Emerging Markets: An Insurance Arrangement
051/2018, C02, Husnu C. Dalgic
Learning Spillovers in Conditional Welfare Programs: Evidence From Brazil
050/2018, C01, Fernanda Brollo, Katja Maria Kaufmann, Eliana La Ferrara. Published in Economic Journal, 130(628): 853-879, 2020
Trade and Domestic Policies in Models With Monopolistic Competition
049/2018, B06, Alessia Campolmi, Harald Fadinger, Chiara Forlati
Parental Time Investment and Intergenerational Mobility
048/2018, A03, Minchul Yum. First version: October 2018
Price Dispersion and Informational Frictions: Evidence From Supermarket Purchases
047/2018, B04, Pierre Dubois, Helena Perrone
Creditor Rights, Information Sharing, and Borrower Behavior: Theory and Evidence
046/2018, C03, John H. Boyd, Hendrik Hakenes, Amanda Heitz
Regulating Cancellation Rights With Consumer Experimentation
045/2018, B02, Florian Hoffmann, Roman Inderst, Sergey Turlo
Nowhere Else to Go: The Determinants of Bank-Firm Relationship Discontinuations After Bank Mergers
044/2018, C04, Oliver Rehbein, Santiago Carbo-Valverde. First version: September 2018. For early version of this paper please contact the CRC office.
Flooded Through the Back Door: The Role of Capital in Local Shock Spillovers
043/2018, C04, Oliver Rehbein, Steven Ongena. First version: September 2018. For early version of this paper please contact the CRC office.
You Are Judged by the Company You Keep: Reputation Leverage in Vertically Related Markets
042/2018, B05, Jay Pil Choi, Martin Peitz. Published in International Journal of Industrial Organization, 61: 351-379, 2018
Learning When to Quit: An Empirical Model of Experimentation in Standards Development
041/2018, B02, Bernhard Ganglmair, Timothy Simcoe, Emanuele Tarantino
Expectations of Reciprocity and Feedback When Competitors Share Information: Experimental Evidence
040/2018, B02, Bernhard Ganglmair, Alex Holcomb, Noah Myung. Published as "Expectations of Reciprocity When Competitors Share Information: Experimental Evidence" in Journal of Economic Behavior & Organization, 170: 244-267, 2020
Merger Policy in a Quantitative Model of International Trade
039/2018, B03, Holger Breinlich, Volker Nocke, Nicolas Schutz. Published in Economic Journal, 130(626): 393-421, 2020
Internal Versus External Growth in Industries With Scale Economies: A Computational Model of Optimal Merger Policy
038/2018, B03, Ben Mermelstein, Volker Nocke, Mark A. Satterthwaite, Michael D. Whinston. Published in Journal of Political Economy, 128(1): 301-341, 2020
Striking a Balance of Power Between the Court of Justice and the EU Legislature: The Law on Competition Damages Actions as a Paradigm
037/2018, B05, Jens-Uwe Franck. Published in European Law Review, 43: 837-857, 2018
Banks' Trading After the Lehman Crisis - The Role of Unconventional Monetary Policy
036/2018, C04, Isabel Schnabel, Johannes Tischer
Trade in Tasks and the Organization of Firms
035/2018, B06, Dalia Marin, Jan Schymik, Alexander Tarasov. Published in European Economic Review, 107: 99-132, 2018
Buyer-Optimal Robust Information Structures
034/2018, B01, Stefan Terstiege, Cédric Wasser
Skewed Information Transmission
033/2018, B02, Francesc Dilmé
A Nazi "Killer" Amendment
032/2018, B01, Andreas Kleiner, Benny Moldovanu. Published as "The Failure of a Nazi "Killer" Amendment" in Public Choice, 183: 133-149, 2020
A Theory of Auctions With Endogenous Valuations
031/2018, B01, Alex Gershkov, Benny Moldovanu, Philipp Strack. Published in Journal of Political Economy, 129(4): 1011-1051, 2021
The Multiplier Effect in Two-Sided Markets With Bilateral Investments
030/2018, B01, Deniz Dizdar, Benny Moldovanu, Nora Szech. Published as "The Feedback Effect in Two‐Sided Markets With Bilateral Investments" in Journal of Economic Theory, 182: 106-142, 2019
The Dimensions of Consensus
029/2018, B01, Paul Belleflamme, Martin Peitz. Published in Journal of Economics and Management Strategy, 28: 5-22, 2019
Managing Competition on a Two-Sided Platform
028/2018, B05, Paul Belleflamme, Martin Peitz. Published in Journal of Economics and Management Strategy, 28: 5-22, 2019
A Fresh Look at Zero-Rating
027/2018, B05, Jan Krämer, Martin Peitz
Dynamic Expert Incentives: Complementarity and Substitutability in Information Acquisition
026/2018, B01, Tsz-Ning Wong, Lily Ling Yang. Published as "Dynamic Expert Incentives in Teams" in Games and Economic Behavior, 125: 27-47, 2020
Relevant Decision Problems and Value of Information
025/2018, B01, Lily Ling Yang
An Aggregative Games Approach to Merger Analysis in Multiproduct-Firm Oligopoly
024/2018, B03, Volker Nocke, Nicolas Schutz
Willingness to Take Risk: The Role of Risk Conception and Optimism
023/2018, A01, Thomas Dohmen, Simone Quercia, Jana Willrodt
Parental Involvement and the Intergenerational Transmission of Economic Preferences and Attitudes
022/2018, A01, Maria Zumbuehl, Thomas Dohmen, Gerard Pfann
Consumer Search With and Without Tracking
021/2018, B05, Marcel Preuss
All-Pay Oligopolies: Price Competition With Unobservable Inventory Choices
020/2018, B03, Joao Montez, Nicolas Schutz. Published in Review of Economic Studies, 88(5): 2407-2438, 2021
Sweet Lemons: Mitigating Collusion in Organizations
019/2018, B01, Colin von Negenborn, Martin Pollrich. First version: May 2018. For early version of this paper please contact the CRC office. Published in Journal of Economic Theory, 189: 105-174, 2020
Offshoring and Skill-Upgrading in French Manufacturing
018/2018, B06, Juan Carluccio, Alejandro Cuñat, Harald Fadinger, Christian Fons-Rosen. Published in Journal of International Economics, 118: 138-159, 2019
Come Together: Firm Boundaries and Delegation
017/2018, B06, Laura Alfaro, Nick Bloom, Paola Conconi, Harald Fadinger, Patrick Legros, Andrew F. Newman, Raffaella Sadun, John Van Reenen
Leaning Against Housing Prices as Robustly Optimal Monetary Policy
016/2018, C02, Klaus Adam, Michael Woodford
Locus of Control and Consistent Investment Choices
015/2018, A02, Pia Pinger, Sebastian Schäfer, Heiner Schumacher, Published in Journal of Behavioral and Experimental Economics, 75: 66-75, 2018
Deception and Competition in Search Markets
014/2018, B03, Tobias Gamp, Daniel Krähmer. Published as "Competition in search markets with naive consumers" in RAND Journal of Economics, 53(2): 356-385, 2022
The Formation of Prosociality: Causal Evidence on the Role of Social Environment
013/2018, A01, A02, Fabian Kosse, Thomas Deckers, Pia Pinger, Hannah Schildberg-Hörisch, Armin Falk. Published in Journal of Political Economy, 128(2): 434-467, 2020
Affirmative Action and Retaliation in Experimental Contests
012/2018, A01, Francesco Fallucchi, Simone Quercia. Published in Journal of Economic Behavior & Organization, 156: 23-40, 2018
Full Surplus Extraction in Mechanism Design With Information Disclosure
011/2018, B03, Daniel Krähmer. Published as "Information Disclosure and Full Surplus Extraction in Mechanism Design" in Journal of Economic Theory, 187: 105020, 2020
Optimal Trend Inflation
010/2018, C02, Klaus Adam, Henning Weber
The Structure of Multinational Sales Under Demand Risk
009/2018, B06, Francesco Paolo Conteduca, Ekaterina Kazakova
Serving Abroad: Export, M&A, and Greenfield Investment
008/2018, B06, Francesco Paolo Conteduca, Ekaterina Kazakova
Toward a Coherent Policy on Cartel Damages
007/2018, B05, Jens-Uwe Franck, Martin Peitz. Published as "Cartel Effects and Component Makers’ Rights to Damages" in World Competition, 43: 209-240, 2020
On the Relationship Between Cognitive Ability and Risk Preference
006/2018, A01, Thomas Dohmen, Armin Falk, David Huffman, Uwe Sunde. Published in Journal of Economic Perspectives, 32(2): 115-134, 2018
Global Evidence on Economic Preferences
005/2018, A01, Armin Falk, Anke Becker, Thomas Dohmen, Benjamin Enke, David Huffman, Uwe Sunde. Published in Quarterly Journal of Economics, 133(4): 1645-1692, 2018
Inside the Engine Room of Digital Platforms: Reviews, Ratings, and Recommendations
004/2018, B05, Paul Belleflamme, Martin Peitz. Published in J.J. Ganuza and G. Llobet (eds.), Economic Analysis of the Digital Revolution, Funcas Social and Economic Studies, 5: 215-254, 2018
Assigning an Unpleasant Task Without Payment
003/2018, B01, Susanne Goldlücke, Thomas Tröger
Linear Voting Rules
002/2018, B01, Hans Peter Grüner, Thomas Tröger. Published in Econometrica, 87(6): 2037-2077, 2019
Platform Competition: Who Benefits From Multihoming?
001/2018, B05, Paul Belleflamme, Martin Peitz. Published in International Journal of Industrial Organization, 64: 1-26, 2019