Christoph Luelfesmann

Professor

Recent Papers

“Bank Equity, Portfolio Risk, and Capital Requirements” (with Andreas Haufler), mimeo, May 2025.

“Dual Provision of Public Goods in Democracy”, mimeo, March 2025.

Selected Publications

“Authority and Screening in a Principal Agent Model,” Journal of Economic Behavior and Organization, March 2025. (lead article).

“Strategic Defection in Bilateral Trade”, Scandinavian Journal of Economics, Vol 123, 1293-1313, 2021.

“Reforming an Asymmetric Union: On the Virtues of Dual Tier Capital Competition”, with Andreas Haufler,

Journal of Public Economics, Vol. 125, 116-127, 2015.

“The Architecture of Federations: Constitutions, Bargaining, and Moral Hazard”, with Anke Kessler and Gordon Myers,

Journal of Public Economics, Vol. 124, 18-29, 2015.

“Two-Tier Public Provision: Comparing Public Systems,” with Gordon Myers,

Journal of Public Economics, Vol. 95 (11-12), 1263-1271, 2011.

“The Theory of Human Capital Revisited: On the Interaction of General and Specific Investments”,,

with Anke Kessler, Economic Journal, Vol. 116, 903-923, 2006.

“Wealth Constraints an Option Contracts in Models with Sequential Investments”,

RAND Journal of Economics, Vol. 36, 753-770, 2005.

“Enogenous Punishments I gency with Verifiable Ex Post Information”, with Anke Kessler and Patrick Schmitz,

International Economic Review, Vol. 46, 1207-1231, 2005.

“Tiebout and Redistribution in a Model of Residential and Political Choice”, with Anke Kessler,

Journal of Public Economics, Vol. 89, 501-528, 2005.

”Bilateral Bargaining, Unverifiable Quality, and Options to Return”, with Anke Kessler,

Economic Theory, Vol. 23(2), 395-410, 2004.

“Economic vs. Political Symmetry and the Welfare Concern w/ Market Integration and Tax Competition”,

with Anke S. Kessler and Gordon Myers, Journal of Public Economics, Vol. 87(5-6), 847-867, 2003.

``Fiscal Competition, Redistribution, and the Politics of Economic Integration”, with Anke Kessler and Gordon Myers,

Review of Economic Studies, Vol. 69(4), 899-923, 2002.

“Central Governance or Subsidiarity: A Property Rights Approach to Federalism'',

European Economic Review, Vol. 46(8), 1379-1397, 2002.