MAGKS Papers - Philipps-Universität Marburg

Coordination: Bernd Hayo • Philipps University Marburg
Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg
Tel. +49-6421-2823091, Fax: +49-6421-2823088
e-mail: hayo(at)wiwi.uni-marburg.de

Contact: Britta Niehof
Tel. +49-6421-2823719
e-mail: britta.niehof(at)wiwi.uni-marburg.de

27-2013	Hannes Rusch	What Niche did Human Cooperatives Evolve In?
26-2013	Christoph Bühren and Thorben Kundt	Worker or Shirker – Who Evades more Taxes? A Real Effort Experiment
25-2013	Helmut Lütkepohl, Anna Staszewska-Bystrova and Peter Winker	Comparison of Methods for Constructing Joint Confidence Bands for Impulse Response Functions
24-2013	Sven Heim and Georg Goetz	Do Pay-As-Bid Auctions Favor Collusion? Evidence from Germany's Market for Reserve Power
23-2013	Jochen Michaelis	Und dann werfen wir den Computer an – Anmerkungen zur Methodik der DSGE-Modelle
22-2013	Matthias Neuenkirch	Predicting Bank of England’s Asset Purchase Decisions with MPC Voting Records
21-2013	Matthias Neuenkirch	Are Public Preferences Reflected in Monetary Policy Reaction Functions?
20-2013	Ivo Bischoff and Frédéric Blaeschke	Incentives and Influence Activities in the Public Sector: the Trade-off in Performance Budgeting and Conditional Grants
19-2013	Ivo Bischoff and Thomas Krauskopf	Motives of pro-social behavior in individual versus collective decisions – a comparative experimental study
18-2013	Michael Bräuninger, Jochen Michaelis and Madlen Sode	10 Jahre Hartz-Reformen
17-2013	Evelyn Korn and Volker Robeck	The Role of Sports Physicians in Doping: A Note on Incentives
16-2013	Evelyn Korn, Stephan Meisenzahl and Johannes Ziesecke	How and When Can Economic Skills Enhance Cooperation?
15-2013	Katsuyoshi Nakazawa and Tomohisa Miyashita	Does the Method Adopted for Distribution of Services by Amalgamating Municipalities Affect Expenditure After Amalgamation? Evidence from Japan
14-2013	Katsuyoshi Nakazawa	Cost Inefficiency of Municipalities after Amalgamation
13-2013	Katsuyoshi Nakazawa	Differential Market Entry Determinants for For-Profit and Non-Profit Long-Term Care Providers
12-2013	F. Westermaier, B. Morefield and A. Mühlenweg	Impacts of Parental Health Shocks on Children's Non-Cognitive Skills
11-2013	Matthias Uhl	A History of Tax Legislation in the Federal Republic of Germany
10-2013	Sven Rudolph	Regionaler Treibhausgas-Emissionshandel in den USA
09-2013	Carsten Hefeker and Michael Neugart	Policy Deviations, Uncertainty, and the European Court of Justice
08-2013	Bernd Hayo and Florian Neumeier	Political Leaders' Socioeconomic Background and Public Deficits: Evidence from OECD Countries
07-2013	Ahmad Reza, Saboori Memar and Georg Götz	R&D Incentives in Vertically Related Markets
06-2013	Ahmad Reza and Saboori Memar	Profitable Entry into an Unprofitable Market
05-2013	Katsuyoshi Nakazawa, Kota Sugahara and Minoru Kunizaki	Linkage between Benefit Expenditure and Premium Burden: Long-Term Care Insurance in Japan
04-2013	Matthias Greiff, Henrik Egbert and Kreshnik Xhangolli	Pay What You Want – But Pay Enough! Information Asymmetries and PWYW-Pricing
03-2013	Marcel Förster and Peter Tillmann	Local Inflation: Reconsidering the International Comovement of Inflation
02-2013	Christian Pierdzioch, Jan-Christoph Rülke and Peter Tillmann	Using forecasts to uncover the loss function of FOMC members
01-2013	Moritz Bonn	On the Interdependence of Illegal and Legal Immigration

Coordination: Bernd Hayo • Philipps University Marburg
Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg
Tel. +49-6421-2823091, Fax: +49-6421-2823088
e-mail: hayo(at)wiwi.uni-marburg.de

Contact: Britta Niehof
Tel. +49-6421-2823719
e-mail: britta.niehof(at)wiwi.uni-marburg.de

52-2012	Dai Yagihara	Inter-Governmental Managerial Mechanisms in Australia
51-2012	May Elsayyad and Shima'a Hanafy	Voting Islamist or Voting secular? An Empirical Analysis of Voting Outcomes in "Arab Spring" Egypt
50-2012	Henrik Egbert and Andreas Hildenbrand	Strukturelle Hemmnisse für den Ausbau der Kindertagesbetreuung in Deutschland
49-2012	Bernd Hayo and Stefan Voigt	Explaining Constitutional Change: The Case of Judicial Independence
48-2012	Vahidin Jeleskovic and Benjamin Schwanebeck	Assessment of a spatial panel model for the efficiency analysis of the heterogonous healthcare systems in the world
47-2012	Moritz Bonn	Migrants' Acquisition of Cultural Skills and Selective Immigration Policies
46-2012	Matthias Neuenkirch	Establishing a Hawkish Reputation: Interest Rate Setting by Newly Appointed Central Bank Governors
45-2012	Ivo Bischoff and Stefan Krabel	The tax and the mighty: Tax payer concentration lowers local business taxation in German Municipalities
44-2012	Marco de Pinto	The redistribution of trade gains and the equity-efficiency trade-off
43-2012	Evelyn Korn and Matthias Wrede	The Effect of Long-Term-Care Subsidies on Female Labor Supply and Fertility
42-2012	Katsuyoshi Nakazawa	Welfare-Induced Migration of the Elderly in Japan - Gender differences in welfare migration patterns among the elderly
41-2012	Tobias Caris and Bernd Hayo	Female Labour Force Participation in Arab Countries: The Role of Identity
40-2012	Moritz Bonn	Costs and Beneﬁts of Immigration and Multicultural Interaction
39-2012	Ulrich Zierahn	The effect of market access on the labor market: Evidence from German reunification
38-2012	Ulrich Zierahn	Monocentric Cities, Endogenous Agglomeration, and Unemployment Disparities
37-2012	Björn Frank and Stefan Krabel	Gens una sumus?! – Or Does Political Ideology Affect Experts' Aesthetic Judgment of Chess Games?
36-2012	Matthias Greiff and Fabian Paetzel	The Importance of Knowing Your Own Reputation
35-2012	Matthias Neuenkirch and Peter Tillmann	Inflation Targeting, Credibility and Non-Linear Taylor Rules
34-2012	Ivo Bischoff, Carolin Neuhaus, Peter Trautner and Bernd Weber	The Neuroeconomics of Voting: Neural Evidence of Different Sources of Utility in Voting
33-2012	Thomas K. Bauer, Tanja Kasten and Lars-H. Siemers	Business Taxation and Wages: Evidence from Individual Panel Data
32-2012	Mohammad Reza Farzanegan	Does the Iranian Oil Supply Matter for the Oil Price?
31-2012	Katharina Stepping	The Determinants of Selection and Allocation Decisions for Health Assistance. Which Role do Health Indicators Play?
30-2012	Katharina Stepping	Do Poor Health Conditions Lead to Higher Allocation of Development Assistance?
29-2012	Andreas Hildenbrand	Is a "Firm" a Firm? A Stackleberg Experiment
28-2012	Janick Christian Mollet and Andreas Ziegler	Is Socially Responsible Investing Really Beneficial? New Empirical Evidence for the US and European Stock Markets
27-2012	Mohammad Reza Farzanegan and Gunther Markwardt	Pollution, Economic Development and Democracy:Evidence from the MENA countries
26-2012	Mohammad Reza Farzanegan and Andreas Buehn	Hold Your Breath: A New Index of Air Quality
25-2012	Sven Rudolph, Takeshi Kawakatsu	Tokyo’s Greenhouse Gas Emissions Trading Scheme: A Model for Sustainable Megacity Carbon Markets?
24-2012	Mohammad Reza Farzanegan	Resource Wealth and Entrepreneurship: A Blessing or a Curse?
23-2012	Mohammad Reza Farzanegan	Military Spending and Economic Growth: The Case of Iran
22-2012	Mohammad Reza Farzanegan and Tim Mennel	Fiscal decentralization and Pollution: Institutions Matter
21-2012	Marcel Förster, Markus Jorra and Peter Tillmann	The Dynamics of International Capital Flows: Results from a Dynamic Hierarchical Factor Model
20-2011	Jana Brandt and Markus Jorra	Aid Withdrawal as Punishment for Defaulting Sovereigns? An Empirical Analysis
19-2012	Markus Alzer and Ramin Dadasov	Financial Liberalization and Institutional Development
18-2012	Andreas Lange and Andreas Ziegler	Offsetting versus Mitigation Activities to Reduce CO2 Emissions: A Theoretical and Empirical Analysis for the U.S. and Germany
17-2012	Bernd Hayo and Matthias Uhl	Regional Effects of Federal Tax Shocks
16-2012	Michael J. Lamla and Samad Sarferaz	Updating Inflation Expectations
15-2012	Peter Tillmann	Capital Inflows and Asset Prices: Evidence from Emerging Asia
14-2012	Reinhold Kosfeld and Jorgen Lauridsen	Identifying Clusters within R&D Intensive Industries Using Local Spatial Methods
13-2012	Henning Fischer, Marta García-Bárzana, Peter Tillmann and Peter Winker	Evaluating FOMC forecast ranges: an interval data approach
12-2012	Ivo Bischoff and Frédéric Blaeschke	Window-Dressing and Lobbying in Performance-Budgeting: a Model for the Public Sector
11-2012	Christoph Bühren, Björn Frank and Rosemarie Nagel	A Historical Note on the Beauty Contest
10-2012	Marco de Pinto	Unemployment Benefits as Redistribution Scheme of Trade Gains - a Positive Analysis
09-2012	Bernd Hayo and Florian Neumeier	Leaders' Impact on Public Spending Priorities: The Case of the German Laender
08-2012	Matthias Greiff and Fabian Paetzel	Reaching for the Stars: An Experimental Study of the Consumption Value of Social Approval
07-2012	Hans G. Nutzinger	Dogmen- und realhistorische Aspekte des Wohlfahrtsbegriffs
06-2012	Peter Tillmann and Maik H. Wolters	The Changing Dynamics of US Inflation Persistence: a Quantile Regression Approach
05-2012	Max Albert and Andreas Hildenbrand	Industrial Organization in the Laboratory
04-2012	Sven Rudolph	Marktbasierte Klimapolitik in den USA: „Wind of Change“ oder „Blown by the Wind“?
03-2012	Jochen Michaelis	Optimal Monetary Policy in a Currency Union: The Role of the Cost Channel
02-2012	Benjamin Käfer and Jochen Michaelis	Länderrisiko: Die ökonomischen Konsequenzen einer Herabstufung durch die Rating-Agenturen
01-2012	Melanie-Kristin Beck, Bernd Hayo, and Matthias Neuenkirch	Central Bank Communication and Correlation between Financial Markets: Canada and the United States


51-2011	Markus Jorra	The Heterogeneity of Default Costs: Evidence from Recent Sovereign Debt Crises
50-2011	Nadeem Naqvi	Demystifying Sraffa’s Theory of Value in the Light of Arrow and Debreu
49-2011	Christian M. Bender	How to provide access to next generation networks? The effect of risk allocation on investment and cooperation incentives
48-2011	Jing Dai, Stefan Sperlich & Walter Zucchini	Estimating and Predicting the Distribution of the Number of Visits to the Medical Doctor
47-2011	Jing Dai, Stefan Sperlich & Walter Zucchini	Estimating and Predicting Household Expenditures and Income Distribution
46-2011	Nadeem Naqvi & Carolin V. Schürg	Efficiency-wage Hypothesis and the Operational Production Pattern
45-2011	Henrik Egbert & Nadeem Naqvi	Market-dependent Production Set
44-2011	Donald C. Keenan, Nadeem Naqvi & Gerald Pech	A Theory of Dynamic Tariff and Quota Retaliation
43-2011	Matthias Neuenkirch	Monetary Policy Transmission in Vector Autoregressions: A New Approach Using Central Bank Communication
42-2011	Bernd Hayo & Matthias Uhl	The Effects of Legislated Tax Changes in Germany
41-2011	Bernd Hayo & Florian Neumeier	Political Leaders’ Socioeconomic Background and Fiscal Performance in Germany
40-2011	Bernd Hayo & Ummad Mazhar	Monetary Policy Committee Transparency: Measurement, Determinants, and Economic Effects
39-2011	Ingo Fender, Bernd Hayo & Matthias Neuenkirch	Daily CDS pricing in emerging markets before and during the global financial crisis
38-2011	Sebastian Prediger	How does Income Inequality Affect Cooperation and Punishment in Public Good Settings?
37-2011	Johannes Paha, Dirk Rompf & Christiane Warnecke	Estimating Travellers’ Preferences for Competition in Commercial Passenger Rail Transport
36-2011	Matthias Neuenkirch	Central Bank Transparency and Financial Market Expectations: The Case of Emerging Markets
35-2011	Bernd Hayo & Pierre-Guillaume Méon	Behind Closed Doors: Revealing the ECB’s Decision Rule
34-2011	Sven Rudolph, Christine Lenz & Achim Lerch and Barbara Volmert	Towards Sustainable Carbon Markets: Requirements for Ecologically Effective, Economically Efficient, and Socially Just Emissions Trading Schemes
33-2011	Matthias Hoffmann & Peter Tillmann	International Financial Integration and National Price Levels: The Role of the Exchange Rate Regime
32-2011	Peter Tillmann	Cross-Checking Optimal Monetary Policy with Information from the Taylor Rule
31-2011	Matthias Neuenkirch & Pierre L. Siklos	What's in a Second Opinion? Shadowing the ECB and the Bank of England
30-2011	Ulrich Oberndorfer, Marcus Wagner & Andreas Ziegler	Does the Stock Market Value the Inclusion of a Sustainability Index? An Event Study Analysis for German Firms
29-2011	Martin Mandler	Threshold Effects in the Monetary Policy Reaction Function of the Deutsche Bundesbank
28-2011	Peter Tillmann	Reputation and Forecast Revisions: Evidence from the FOMC
27-2011	Marco de Pinto & Jochen Michaelis	International Trade and Unemployment - the Worker-Selection Effect
26-2011	Björn Frank	Economic Page Turners
25-2011	Christoph Bühren & Marco Pleßner	The Trophy Effect
24-2011	Bernd Hayo & Britta Niehof	Identification Through Heteroscedasticity in a Multicountry and Multimarket Framework
23-2011	Marcel Foerster	Bayesian Estimation of a DSGE Model with Inventories
22-2011	Peter Tillmann	Inflation Targeting and Regional Inflation Persistence: Evidence from Korea
21-2011	Moritz Bonn	The Effect of High Skilled Immigration in a Dual Labour Market with Union Wage Setting and Fiscal Redistribution
20-2011	Nora Elbialy & Moamen Gouda	Enforcing IPR through Informal Institutions: The possible role of religion in fighting software piracy
19-2011	Nora Elbialy & Miguel A. García-Rubio	Assessing Judicial Efficiency of Egyptian First Instance Courts: A DEA Analysis
18-2011	Jana Brandt, Jürgen Meckl &Ivan Savin	Factor-Biased Technical Change and Specialization Patterns
17-2011	Artur Grigoryan	Incentives and the Delegation of Decision Making Power in Sovereign Wealth Funds
16-2011	Jürgen-Peter Kretschmer	How to Eeal with Resale Price Maintenance: What Can We Learn from Empirical Results?	Europem Journal of Law and Economics, forthcoming
15-2011	Jürgen-Peter Kretschmer	The Sequencing Problem in Sequential Investigation Processes
14-2011	Jürgen-Peter Kretschmer	Optimal Structuring of Assessment Processes in Competition Law: A Survey of Theoretical Approaches
13-2011	Georg von Wangenheim & Tom Müller	Feed-in-Tariffs Financed by Energy Taxes: When do They Lower Consumer Prices?
12-2011	Sven Rudolph	Wo sind all die Klimamärkte hin? Eine polit-ökonomische Analyse nationaler Emissionshandelssysteme in Japan
11-2011	Matthias Göcke	Learning-by-Doing in Two Sectors, Production Structure, Leisure and Optimal Endogenous Growth
10-2011	Stefan Krabel & Choni Flöther	Here Today, Gone Tomorrow? Regional Labor Mobility of German University Graduates
09-2011	Benjamin Pakula & Georg Götz	Biased Quality Investments and Organisational Structures in Network Industries - An Application to the Railway Industry
08-2011	Lena Calahorrano	Population Aging and Individual Attitudes toward Immigration: Disentangling Age, Cohort and Time Effects	Review of Internatonal Economics, forthcoming
07-2011	Christian M. Bender & Georg Götz	Coexistence of Service- and Facility-Based Competition: The Relevance of Access Prices for "Make-or-Buy"-Decisions
06-2011	Ulrich Zierahn	Agglomeration, Congestion, and Regional Unemployment Disparities	The Annals of Regional Science, forthcoming
05-2011	Bernd Hayo, Ali M. Kutan & Matthias Neuenkirch	Communication Matters: U.S. Monetary Policy and Commodity Price Volatility	Economics Letters 117, 2012: 247-249
04-2011	Sven Rudolph	Wie der klimapolitische Patient Japan den Anweisungen des umweltökonomischen Doktors folgte: Eine Analyse nationaler Treibhausgas-Emissionshandelssysteme in Japan
03-2011	Bernd Hayo & Matthias Neuenkirch	Do Federal Reserve Presidents Communicate with a Regional Bias?
02-2011	Károly Henrich	Prioritätsfragen im Verhältnis von Ökonomik, Ethik und Ontologie: Prolegomena zu einem transdiszipliären Fundament der Naturökonomik
01-2011	Ivan Savin & Peter Winker	Heuristic model selection for leading indicatiors in Russia and Germany

Coordination: Bernd Hayo • Philipps University Marburg
Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg
Tel. +49-6421-2823091, Fax: +49-6421-2823088
e-mail: hayo(at)wiwi.uni-marburg.de

Contact: Britta Niehof
Tel. +49-6421-2823719
e-mail: britta.niehof(at)wiwi.uni-marburg.de

36-2010	Matthias Göcke	A One-Sector Model with Learning-by-doing, Investment, Leisure, and Optimal Growth
35-2010	Ramin Dadasov and Oliver Lorz	Mode of International Investment and Endogenous Risk of Expropriation	Review of International Economics, forthcoming
34-2010	Bernd Hayo and Stefan Voigt	Mapping Constitutionally Safeguarded Judicial Independence - A Global Survey
33-2010	Johannes Paha	Empirical Methods in the Analysis of Collusion	Empirica 38, 2011: 389-415
32-2010	Jan-Christoph Rülke and Peter Tillmann	Do FOMC Members Herd?	Economics Letters 113, 2011: 176-179
31-2010	Ulrich Zierahn	The Importance of Spatial Autocorrelation for Regional Employment Growth in Germany	Jahrbuch für Regionalwissenschaft 32(1): S. 19-43
30-2010	Ivo Bischoff and Frédéric Blaeschke	Conditional grants to independent regional governments: The trade-off between incentives and wasteful grant-seeking
29-2010	Matthias Göcke	Layoffs in a Recession and Temporary Employment Subsidies when a Recovery is Expected
28-2010	Matthias Neuenkirch	Managing Financial Market Expectations: The Role of Central Bank Transparency and Central Bank Communication	European Journal of Political Economy 28, 2012: 1–13
27-2010	Bernd Hayo and Stefan Voigt	Endogenous Constitutions: Politics and Politicians Matter, Economic Outcome Don't	Journal of Economic Behavior and Organization 88(2013), 47-61
26-2010	Markus Jorra	The Effect of IMF Lending on the Probability of Sovereign Debt Crises	Journal of International Money and Finance 31, 2012: 709–725
25-2010	Martin Mandler	Explaining ECB and FED interest rate correlation: Economic interdependence and optimal monetary policy
24-2010	Hans G. Nutzinger	Nobelpreis in Wirtschaftswissenschaften für Elinor Ostrom: Ein Überblick über ihr ökonomisches Hauptwerk
23-2010	Anna Klabunde and Evelyn Korn	Parasites and Raven Mothers: A German-Japanese comparison on (lone) motherhood
22-2010	Bernd Hayo and Hiroyuki Ono	Relative-Price Changes and Demand Factors in the Period of Quantitative Easing in Japan
21-2010	Peter Tillmann	Monetary Policy Committees and Model Uncertainty
20-2010	Bernd Hayo and Matthias Neuenkirch	Bank of Canada Communication, Media Coverage, and Financial Market Reactions	Economics Letters 115, 2012: 369–372
19-2010	Christoph Bühren and Björn Frank	Chess players' performance beyond 64 squares: A case study on the limitations of cognitive abilities transfer	Talent Development and Excellence, forthcoming
18-2010	Lena Calahorrano	Aging and Immigration Policy in a Representative Democracy
17-2010	Peter Tillmann	Strategic Forecasting on the FOMC	European Journal of Political Economy 27, 2011: 547-553
16-2010	Christopher-Johannes Schild and Matthias Wrede	Cultural Identity, Mobility, and Decentralization
15-2010	Matthias Busse, Carsten Hefeker, and Signe Nelgen	Foreign Direct Investment and Exchange Rate Regimes
14-2010	Ramin Dadasov, Philipp Harms, and Oliver Lorz	Financial Integration in Autocracies: Greasing the Wheel or More to Steal?	Economics of Governance 14, 2013: 1-22
13-2010	Jürgen Jerger and Jochen Michaelis	The Fixed Wage Puzzle: Why Profit Sharing Is So Hard to Implement	Economics Letters 110, 2011: 104-106
12-2010	Martin Mandler	Macroeconomic dynamics and inflation regimes in the U.S. Results from threshold vector autoregressions
11-2010	Roland Kirstein & Georg v. Wangenheim	A Generalized Condorcet Jury Theorem with Two Independent Probabilities of Error
10-2010	Emanuela Carbonara, Francesco Parisi & Georg von Wangenheim	Inexpressive Law
09-2010	Andreia Tolciu & Ulrich Zierahn	Women and Work: What Role Do Social Norms Play?	International Review of Applied Economics, 26(6): 711-733 (2012)
08-2010	Martin Mandler	Regime-dependent effects of monetary policy shocks. Evidence from threshold vector autoregressions
07-2010	Johannes Paha	Endogenous Cartel Formation with Heterogenous Firms and Differentiated Products
06-2010	Bernd Hayo & Stefan Voigt	Determinants of Constitutional Change: Why Do Countries Change Their Form of Government?	Journal of Comparative Economics 38, 283–305, 2010
05-2010	Ivo Bischoff & Henrik Egbert	Social information and bandwagon behaviour in voting: an economic experiment
04-2010	Henrik Egbert & Andreas Hildenbrand	Der Coupon-Handelsansatz als Modell für eine subjektbezogene Finanzierung der Kinderbetreuung	Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), vol. 232(2), pages 116-128, March
03-2010	Sebastian Schröer & Ulrich Zierahn	Die deutschen Ausbauziele für erneuerbare Energien: Eine Effizienzanalyse	Zeitschrift für Umweltpolitik & Umweltrecht, Bd. 33 (2010), 1, S.83-108
02-2010	Björn Frank	The effects of enforced reflection in three simple experiments
01-2010	Carsten Hefeker & Blandine Zimmer	Central bank independence and conservatism under uncertainty: Substitutes or complements?	Journal of Macroeconomics 33, 2011: 595-606

Coordination: Bernd Hayo • Philipps University Marburg
Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg
Tel. +49-6421-2823091, Fax: +49-6421-2823088
e-mail: hayo(at)wiwi.uni-marburg.de

Contact: Britta Niehof
Tel. +49-6421-2823719
e-mail: britta.niehof(at)wiwi.uni-marburg.de

49-2009	Rainer Vosskamp	Innovation, Income Distribution, and Product Variety
48-2009	Olaf J. Schumann & Hans G. Nutzinger	Ordoliberalismus und Gerechtigkeit: Zum Verhältnis von Eucken und Kant
47-2009	Martin Mandler	Decomposing Federal Funds Rate forecast uncertainty using real-time data
46-2009	Peter Tillmann	The Fed’s perceived Phillips curve: Evidence from individual FOMC forecasts	Journal of Macroeconomics 32, 2010: 1008-1013
45-2009	Martin Mandler	The Taylor Rule and Interest Rate Uncertainty in the U.S. 1970-2006
44-2009	David Büttner & Bernd Hayo	News and Correlations of CEEC-3 Financial Markets	Economic Modelling 27, 2010: 915–922
43-2009	Matthias Wrede	Asymmetric Tax Competition with Formula Apportionment
42-2009	Lena Calahorrano & Philipp an de Meulen	Why Don’t Labor and Capital Flow Between Young and Old Countries?
41-2009	Jochen Michaelis & Marco de Pinto	Wodurch wird die Lohnelastizität der Arbeitsnachfrage bestimmt? - die Hicks-Marshall-Regeln	Wirtschaftswissenschaftliches Studium 39 (10): 490-496
40-2009	Rüdiger Pethig & Frieder Kolleß	Asymmetric capital-tax competition, unemployment and losses from capital market integration
39-2009	Akihiro Kawase & Katsuyoshi Nakazawa	Long-term Care Insurance Facilities and Interregional Migration of the Elderly in Japan	Economics Bulletin 29, 2009: 2981-2995
38-2009	Stefan Voigt	How to Measure the Rule of Law
37-2009	Stefan Voigt	How (Not) to Measure Institutions
36-2009	Stefan Voigt	Positive Constitutional Economics II—A Survey of Recent Developments	Public Choice 146, 2011: 205-256
35-2009	Bernd Hayo & Matthias Neuenkirch	Canadian Interest Rate Setting: The Information Content of Canadian and U.S. Central Bank Communication	Southern Economic Journal 78, 131–148, 2011
34-2009	Matthias Wrede	Multinational Capital Structure and Tax Competition
33-2009	Prosper F. Bangwayo-Skeete, Afaf H. Rahim and Precious Zikhali	What determines workers’ preferences for efficiency over equity wages?
32-2009	David Büttner & Bernd Hayo	Determinants of European Stock Market Integration	Economic Systems 35, 2011: 574–585
31-2009	Christian Groth, Karl-Josef Koch & Thomas M. Steger	When economic growth is less than exponential	Economic Theory 44, 2010: 213-242
30-2009	Björn Frank, Sha Li, Stephan Meisenzahl, Heike Minich, Nina Muraro, Marco de Pinto, Duncan Roth, Christoph Sänger & Nils Saniter	Anyone up for helping the Fischerman's Wife? More solidarity with accidental misery than with man-made misery	Schmollers Jahrbuch – Journal of Applied Social Science Studies 131 2011: 569-580
29-2009	Johannes Paha	Using Accounting Data in Cartel Damage Calculations – Blessing or Menace?	European Journal of Law and Economics, 2011: forthcoming
28-2009	Prosper F. Bangwayo-Skeete, Afaf H. Rahim and Precious Zikhali	Does education engender cultural values that matter for economic growth?	Journal of Socio-Economics 40, 2011: 163-171
27-2009	Bernd Hayo, Ali M. Kutan & Matthias Neuenkirch	The Impact of U.S. Central Bank Communication on European and Pacific Equity Markets	Economics Letters 108, 172–174, 2010
26-2009	Lena Calahorrano & Oliver Lorz	Aging, Factor Returns, and Immigration Policy	Scottish Journal of Political Economy 58, 2011: 589-606
25-2009	Bernd Hayo & Matthias Neuenkirch	Do Federal Reserve Communications Help Predict Federal Funds Target Rate Decisions?	Journal of Macroeconomics 32, 1014–1024, 2010
24-2009	Georg Götz	Competition, Regulation, and Broadband Access to the Internet
23-2009	Bernd Hayo, Ali M. Kutan & Matthias Neuenkirch	Federal Reserve Communications and Emerging Equity Markets	Southern Economic Journal 78, 2012: 1041-1056
-2009	Matthias Wrede	Heterogeneous Skills and Homogeneous Land: Segmentation and Agglomeration
21-2009	Jochen Michaelis & Martin Debus	Wage and (Un-)Employment Effects of an Ageing Workforce	Journal of Population Economics 24, 2011: 1493-1511
20-2009	Jochen Michaelis & Alexander Spermann	Geringqualifizierte Arbeit, Marktlöhne und Sozialpolitik: Konzepte für Deutschland	Bildungsökonomik und Soziale Marktwirtschaft, Thomas Apolte (Hrsg.), Band 91, Brockhaus Commission, 173-201
19-2009	Matthias Göcke	Efficiency Wages and Negotiated Profit-Sharing under Uncertainty	Applied Economics Quarterly, forthcoming
18-2009	Matthias Göcke	Firing versus Continuing Employment if an Economic Setback is Expected
17-2009	Bernd Hayo & Björn Vollan	Individual Heterogeneity, Group Interaction, and Co-operative Behaviour: Evidence from a Common-Pool Resource Experiment in South Africa and Namibia	Journal of Economic Behavior and Organization 81, 2012: 9-28
16-2009	Reinhold Kosfeld, Hans-Friedrich Eckey & Jørgen Lauridsen	Spatial Point Pattern Analysis and Industry Concentration	Annals of Regional Science 47, 2011: 311-328
15-2009	Carsten Hefeker & Michael Neugart	Labor Market Regulation and the Legal System	International Review of Law and Economics 30, 2010: 218-225
14-2009	Ivan Savin & Peter Winker	Forecasting Russian Foreign Trade Comparative Advantages in the Context of a Potential WTO Accession	Central European Journal of Economic Modelling and Econometrics 2, 2009: 111-138
13-2009	Carsten Hefeker & Blandine Zimmer	Uncertainty and fiscal policy in an asymmetric monetary union	Open Economies Review 22, 2011: 163-178
12-2009	Bernd Hayo & Hiroyuki Ono	Livelihood and Care of the Elderly: Determinants of Public Attitudes in Japan	Journal of The Japanese and International Economies 25, 76–98, 2011
11-2009	Carsten Hefeker	Taxation, Corruption and the Exchange Rate Regime	Journal of Macroeconomics 32, 2010: 338-346
10-2009	Hans-Friedrich Eckey, Reinhold Kosfeld & Alexander Werner	K-Funktionen als Instrument zur Analyse räumlicher (De-)Konzentrationsprozesse	Jahrbuch für Regionalwissenschaft, 2012, forthcoming
09-2009	Evelyn Korn & Stephan Meisenzahl	Contracting still matters! Or how to design a letter of intent?
08-2009	Bernd Hayo & Matthias Neuenkirch	Domestic or U.S. News: What Drives Canadian Financial Markets?	Economic Inquiry, forthcoming
07-2009	Oliver Budzinski & Jürgen-Peter Kretschmer	Horizontal Mergers, Involuntary Unemployment, and Welfare
06-2009	Stefan Voigt	Does Arbitration Blossom when State Courts are Bad?
05-2009	Stefan Voigt & Lorenz Blume	The Economic Effects of Federalism and Decentralization – A Cross-Country Assessment	Public Choice, 2010: 229-254
04-2009	Björn Frank	Clean Evidence on Face-to-Face: Why Experimental Economics is of Interest to Regional Economists
03-2009	David Büttner, Bernd Hayo & Matthias Neuenkirch	The Impact of Foreign Macroeconomic News on Financial Markets in the Czech Republic, Hungary, and Poland	Empirica 39, 2012: 19-44
02-2009	Oliver Lorz & Matthias Wrede	Trade and Variety in a Model of Endogenous Product Differentiation	B. E. Journal of Economic Analysis and Policy-Topics 9, 2009, Article 52
01-2009	Hans-Friedrich Eckey, Reinhold Kosfeld & Nina Muraro	Auswirkungen der Bevölkerungsentwicklung auf das wirtschaftliche Niveau der Regionen in Deutschland

Coordination: Bernd Hayo • Philipps University Marburg
Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg
Tel. +49-6421-2823091, Fax: +49-6421-2823088
e-mail: hayo(at)wiwi.uni-marburg.de

Contact: Britta Niehof
Tel. +49-6421-2823719
e-mail: britta.niehof(at)wiwi.uni-marburg.de

28-2008	Bernd Hayo & Stefan Voigt	The Relevance of Judicial Procedure for Economic Growth
27-2008	Wolfgang Briglauer, Georg Götz & Anton Schwarz	Margin Squeeze in Fixed-Network Telephony Markets – competitive or anticompetitive?	Review of Network Economics, 10 (2011): Article 3
26-2008	Wolfgang Briglauer, Georg Götz & Anton Schwarz	Do we (still) need to regulate fixed network retail markets?	Telecommunications Policy 34, 2010: 551-561
25-2008	Ivo Bischoff & Henrik Egbert	Voting experiments: Bandwagon voting or false-consensus effect?
24-2008	Ivo Bischoff & Lars Siemers	Good Policy Choices Even When Voters Entertain Biased Beliefs: A Model with Endogenous Valence	Public Choice online-First (available at http://dx.doi.org/10.1007/s11127-011-9889-5). (October 2011)
23-2008	Bernd Hayo & Matthias Neuenkirch	Does the Currency Board Matter? U.S. News and Argentine Financial Market Reaction
22-2008	Stefan Voigt & Sang-Min Park	Values and Norms Matter – On the Basic Determinants of Long-Run Economic Development
21-2008	Lorenz Blume & Stefan Voigt	Federalism and Decentralization – A Critical Survey of Frequently Used Indicators	Constitutional Political Economy 22, 2011: 238-264
20-2008	Stefan Voigt	The (Economic) Effects of Lay Participation in Courts - A Cross-Country Analysis	European Journal of Political Economy 25, 2009: 327-339
19-2008	Axel Dreher & Stefan Voigt	Does Membership in International Organizations Increase Governments’ Credibility? Testing the Effects of Delegating Powers	Journal of Comparative Economics 39, 2011: 326-348
18-2008	Matthias Wrede	Agglomeration, tax competition, and fiscal equalization
17-2008	Matthias Wrede	Voting for mobile citizens	European Journal of Political Economy 25, 2009: 199-207
16-2008	Wolfgang Kerber, Jürgen-Peter Kretschmer & Georg von Wangenheim	Optimal Sequential Investigation Rules in Competition Law
15-2008	David Büttner & Bernd Hayo	EMU-related News and Financial Markets in the Czech Republic, Hungary, and Poland	Applied Economics 44, 2012: 4037-4053
14-2008	Reinhold Kosfeld & Hans-Friedrich Eckey	Market Access, Regional Price Level and Wage Disparities: The German Case	Jahrbuch für Regionalwissenschaft 30, 2010: 105-128.
13-2008	Barbara Pfeffer	Do regional Trade and Specialization drive intra-regional Risk-Sharing?
12-2008	Barbara Pfeffer	FDI and FPI - Strategic Complements?
11-2008	Oliver Budzinski & Janina Satzer	Sports Business and the Theory of Multisided Markets	Sports, Business, Management: An International Journal 1, 2011: 124-137
10-2008	Hans-Friedrich Eckey, Reinhold Kosfeld & Alexander Werner	Die Lohnkurve in Deutschland unter Berücksichtigung des regionalen Preisniveaus
09-2008	Björn Vollan	Kinship and frindship in a trust game with third party punishment	Journal of Socio-Economics 40, 2011: 14-25
08-2008	Bernd Hayo, Ali M. Kutan & Matthias Neuenkirch	Financial Market Reaction to Federal Reserve Communications: Does the Crisis Make a Difference?
07-2008	Oliver Budzinski & Isabel Ruhmer	Merger Simulation in Competition Policy: A Survey	Journal of Competition Law & Economics 6,2010:277-319
06-2008	Oliver Budzinski	Europäische Medienmärkte: Die Rolle der Wettbewerbspolitik	Medienökonomik: Ordnungsökonomische Grundfragen und Gestaltungsmöglichkeiten, D. Wentzel (Hrsg.): Lucius & Lucius 2009
05-2008	Max Albert & Vanessa Mertins	Participation and Decision Making: A Three-person Power-to-take Experiment
04-2008	Max Albert	Product Quality in a Simple OLG Model of Scientific Competition
03-2008	Oliver Budzinski	A Note on Competing Merger Simulation Models in Antitrust Cases: Can the Best be Identified?
02-2008	Hannes Koppel & Günther G. Schulze	Inefficient but Effective? A field experiment on the effectiveness of direct and indirect transfer mechanism
01-2008	Anne van Aaken, Lars P. Feld, and Stefan Voigt	Power over Prosecutors Corrupts Politicians: Cross Country Evidence Using a New Indicator

Coordination: Bernd Hayo • Philipps University Marburg Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg Tel. +49-6421-2823091, Fax: +49-6421-2823088 e-mail: hayo(at)wiwi.uni-marburg.de

Coordination: Bernd Hayo • Philipps University Marburg Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg Tel. +49-6421-2823091, Fax: +49-6421-2823088 e-mail: hayo(at)wiwi.uni-marburg.de

Coordination: Bernd Hayo • Philipps University Marburg Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg Tel. +49-6421-2823091, Fax: +49-6421-2823088 e-mail: hayo(at)wiwi.uni-marburg.de

Coordination: Bernd Hayo • Philipps University Marburg Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg Tel. +49-6421-2823091, Fax: +49-6421-2823088 e-mail: hayo(at)wiwi.uni-marburg.de

Coordination: Bernd Hayo • Philipps University Marburg Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg Tel. +49-6421-2823091, Fax: +49-6421-2823088 e-mail: hayo(at)wiwi.uni-marburg.de

Coordination: Bernd Hayo • Philipps University Marburg
Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg
Tel. +49-6421-2823091, Fax: +49-6421-2823088
e-mail: hayo(at)wiwi.uni-marburg.de

Coordination: Bernd Hayo • Philipps University Marburg
Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg
Tel. +49-6421-2823091, Fax: +49-6421-2823088
e-mail: hayo(at)wiwi.uni-marburg.de

Coordination: Bernd Hayo • Philipps University Marburg
Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg
Tel. +49-6421-2823091, Fax: +49-6421-2823088
e-mail: hayo(at)wiwi.uni-marburg.de

Coordination: Bernd Hayo • Philipps University Marburg
Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg
Tel. +49-6421-2823091, Fax: +49-6421-2823088
e-mail: hayo(at)wiwi.uni-marburg.de

Coordination: Bernd Hayo • Philipps University Marburg
Department of Business Administration and Economics • Universitätsstraße 24, D-35032 Marburg
Tel. +49-6421-2823091, Fax: +49-6421-2823088
e-mail: hayo(at)wiwi.uni-marburg.de