CESifo Working Paper Series
(for full list see www.cesifo-group.de)
Carsten Hefeker, Uncertainty, Wage Setting and Decision Making in a Monetary Union,
June 2005
Ondrej Schneider and Jan Zapal, Fiscal Policy in New EU Member States - Go East,
Prudent Man!, June 2005
Christian Schultz, Virtual Capacity and Competition, June 2005
Yvan Lengwiler and Elmar Wolfstetter, Bid Rigging - An Analysis of Corruption in
Auctions, June 2005
Johannes Becker and Clemens Fuest, Does Germany Collect Revenue from Taxing
Capital Income?, June 2005
Axel Dreher and Panu Poutvaara, Student Flows and Migration: An Empirical Analysis,
June 2005
Bernd Huber and Marco Runkel, Interregional Redistribution and Budget Institutions
under Asymmetric Information, June 2005
Guido Tabellini, Culture and Institutions: Economic Development in the Regions of
Europe, July 2005
Kurt R. Brekke and Michael Kuhn, Direct to Consumer Advertising in Pharmaceutical
Markets, July 2005
Martm Gonzalez-Eiras and Dirk Niepelt, Sustaining Social Security, July 2005
Alfons J. Weichenrieder, (Why) Do we need Corporate Taxation?, July 2005
Paolo M. Panteghini, S-Based Taxation under Default Risk, July 2005
Panos Hatzipanayotou and Michael S. Michael, Migration, Tied Foreign Aid and the
Welfare State, July 2005
Agata Antkiewicz and John Whalley, BRICSAM and the Non-WTO, July 2005
Petr Hedbavny, Ondrej Schneider and Jan Zapal, A Fiscal Rule that has Teeth: A
Suggestion for a ‘Fiscal Sustainability Council’ underpinned by the Financial Markets,
July 2005
J. Atsu Amegashie and Marco Runkel, Sabotaging Potential Rivals, July 2005