Tinbergen Institute Discussion Papers

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20140010: Testing for Parameter Instability in Competing Modeling Frameworks

Francesco Calvori, Drew Creal, Siem Jan Koopman and Andre Lucas

20140009: Social Relations, Incentives, and Gender in the Workplace

Okemena Onemu

20140008: Prospects for an EMU between Federalism and Nationalism

Frank Den Butter and Mathieu L.L. Segers

20140007: A Tourism Conditions Index

Chia-Lin Chang, Hui-Kuang Hsu and Michael McAleer

20140006: Fiscal and Monetary Policy Coordination, Macroeconomic Stability, and Sovereign Risk

Dennis Bonam and Jasper Lukkezen

20140005: Assessing the Economic and Political Impacts of Climate Change on International River Basins using Surface Wetness in the Zambezi and Mekong Basins

Brian Blankespoor, Alan Basist, Ariel Dinar, Shlomi Dinar, Harold Houba and Neil Thomas

20140004: Financial Fragility and the Fiscal Multiplier

Sweder van Wijnbergen and Christiaan van der Kwaak

20140003: Efficiency Effects of Unit-based Pricing Systems and Institutional Choices of Waste Collection

Elbert Dijkgraaf and Raymond Gradus

20140002: Agriculture, Transportation and the Timing of Urbanization: Global Analysis at the Grid Cell Level

Mesbah J. Motamed, Raymond Florax and William Masters

20140001: Making Work pay for the Indebted. The Effect of Debt Services on the Exit Rates of Unemployed Individuals

Pierre Koning

20130212: Government Spending Shocks, Sovereign Risk and the Exchange Rate Regime

Dennis Bonam and Jasper Lukkezen

20130211: On Distributions of Ratios

Simon Broda and Raymond Kan

20130210: Bank Deregulation, Competition and Economic Growth: The US Free Banking Experience

Philipp Ager and Fabrizio Spargoli

20130209: Stochastic User Equilibrium Traffic Assignment with Price-sensitive Demand: Do Methods matter (much)?

Adriaan van der Weijde and Vincent van den Berg

20130208: Diffusion of Behavior in Network Games Orchestrated by Social Learning

Jia-Ping Huang, Maurice Koster and Ines Lindner

20130207: Cooperative Games on Accessible Union Stable Systems

Encarnación Algaba, Rene van den Brink and Chris Dietz

20130206: Reflexivity, Expectations Feedback and almost Self-fulfilling Equilibria: Economic Theory, Empirical Evidence and Laboratory Experiments

Cars Hommes

20130205: Animal Spirits, Heterogeneous Expectations and the Emergence of Booms and Busts

Tiziana Assenza, William Brock and Cars Hommes

20130204: Behaviorally Rational Expectations and Almost Self-Fulfilling Equilibria

Cars Hommes

20130203: Non-Marginal Cost-Benefit Analysis and the Tyranny of Discounting

Koen Vermeylen

20130202: The Interest Rate and Capital Durability, and the Importance of Methodological Pluralism

Roder van Arkel and Koen Vermeylen

20130201: The Consumption Discount Rate for the Distant Future (if we do not die out)

Koen Vermeylen

20130200: The Methodology of Modern Macroeconomics and the Descriptive Approach to Discounting

Koen Vermeylen

20130199: Composition Properties in the River Claims Problem

Erik Ansink and Hans-Peter Weikard

20130198: Endogenous Effort Norms in Hierarchical Firms

Jan Tichem

20130197: The Maximum Number of Parameters for the Hausman Test When the Estimators are from Different Sets of Equations

Kazumitsu Nawata and Michael McAleer

20130196: Leniency Bias in Long-Term Workplace Relationships

Jan Tichem

20130195: The Spatial Distribution of Creative Industries and Cultural Heritage in The Netherlands

Karima Kourtit, Jan Möhlmann, Peter Nijkamp and Jan Rouwendal

20130194: High Performance in Complex Spatial Systems: A Self-Organizing Mapping Approach with Reference to The Netherlands

Karima Kourtit, Daniel Arribas-Bel and Peter Nijkamp

20130193: In Search of Creative Champions in High-Tech Spaces

Karima Kourtit and Peter Nijkamp

20130192: A Simultaneous Analysis of Turnout and Voting under Proportional Representation: Theory and Experiments

Aaron Kamm and Arthur Schram

20130191: Historical Developments in Bayesian Econometrics after Cowles Foundation Monographs 10, 14

Nalan Baştürk, Cem Cakmakli, Sanli Ceyhan Darendeli and Herman van Dijk

20130190: The Flipside of Comparative Payment Schemes

Thomas Buser and Anna Dreber

20130189: Airline Route Structure Competition and Network Policy

Hugo Emilo Silva, Erik Verhoef and Vincent van den Berg

20130188: The Prediction Value

Maurice Koster, Sascha Kurz, Ines Lindner and Stefan Napel

20130187: Inference on Co-integration Parameters in Heteroskedastic Vector Autoregressions

H. Peter Boswijk, Giuseppe Cavaliere, Anders Rahbek and Robert Taylor

20130186: Short-Selling, Leverage and Systemic Risk

Amelia Pais and Philip Stork

20130185: Competition in the Presence of Individual Demand Uncertainty

Marc Möller and Makoto Watanabe

20130184: Banking Unions: Distorted Incentives and Efficient Bank Resolution

Marius Zoican and Lucyna A. Górnicka

20130183: Individual Team Productivity - A Conceptual Approach

Julia Müller, Thorsten Upmann and Joachim Prinz

20130182: Sustainable Agreements on Stochastic River Flow

Harold Houba and Erik Ansink

20130181: Central Clearing and Asset Prices

Albert Menkveld, Emiliano Pagnotta and Marius Zoican

20130180: The Size Effect in Value and Momentum Factors: Implications for the Cross-section of International Stock Returns

Victoria Atanasov and Thomas Nitschka

20130179: Financial Fragility, Sovereign Default Risk and the Limits to Commercial Bank Bail-outs

Sweder van Wijnbergen and Christiaan van der Kwaak

20130178: Legal Principles in Antitrust Enforcement

Harold Houba, Evgenia Motchenkova and Quan Wen

20130177: Characterizing the Core via k-Core Covers

Estela Sánchez-Rodríguez, Peter Borm, Arantza Estévez-Fernández, M. Gloria Fiestras-Janeiro and Manuel A. Mosquera

20130176: Performance and Relative Incentive Pay: The Role of Social Preferences

Pablo Hernandez-Lagos, Dylan B. Minor and Dana Sisak

20130175: Dynamics and Determinants of Energy Intensity in the Service Sector: A Cross-Country Analysis, 1980–2005

Peter Mulder, Henri de Groot and Birte Pfeiffer

20130174: Paid to Quit

Robert Dur and Heiner Schmittdiel

20130173: Ranking Leading Econometrics Journals using Citations Data from ISI and RePEc

Chia-Lin Chang and Michael McAleer

20130172: Digital Infrastructure and Physical Proximity

Emmanouil Tranos and Peter Nijkamp

20130171: Spatial Heterogeneity in Hedonic House Price Models: The Case of Austria

Marco Helbich, Wolfgang Brunauer, Eric de Noronha Vaz and Peter Nijkamp

20130170: Health and Inequality

Owen O'Donnell, Eddy Van Doorslaer and Tom Van Ourti

20130169: Do Polls create Momentum in Political Competition?

Philipp Denter and Dana Sisak

20130168: A Capital Adequacy Buffer Model

David Allen and Michael McAleer

20130167: Weighted Temporal Utility

Anke Gerber and Kirsten I.M. Rohde

20130166: Regional Inequality and Human Capital Quality: The Impact of Technology on the Arrival Rate of Employment Offers

Stilianos Alexiadis, Konstantinos Eleftheriou and Peter Nijkamp

20130165: Do Income Disparities dissipate across the US States? Experimenting with a Vector Error Correction Model

Stilianos Alexiadis, Konstantinos Eleftheriou and Peter Nijkamp

20130164: Describing the Relationships between Tourist Satisfaction and Destination Loyalty in a Segmented and Digitalized Market

Bart Neuts, João Romão, Eveline van Leeuwen and Peter Nijkamp

20130163: Biodiversity Prospecting over Time and under Uncertainty: A Theory of Sorts

Amitrajeet Batabyal and Peter Nijkamp

20130162: Preference Elicitation in Generalized Data Envelopment Analysis - In Search of a New Energy Balance in Japan

Soushi Suzuki, Peter Nijkamp and Piet Rietveld

20130161: A Structural Equations Model for Assessing the Economic Performance of High-Tech Ethnic Entrepreneurs

Mediha Sahin, Alina Todiras, Peter Nijkamp, Bart Neuts and Christiaan Behrens

20130160: Accessibility of Cities in the Digital Economy

Emmanouil Tranos, Aura Reggiani and Peter Nijkamp

20130159: Do Floods have Permanent Effects? Evidence from the Netherlands

Trond G. Husby, Henri de Groot, Marjan Hofkes and Martijn Dröes

20130158: Substitution between Cars within the Household

Bruno De Borger, Ismir Mulalic and Jan Rouwendal

20130157: International Environmental Agreements for River Sharing Problems

Harold Houba, Gerard van der Laan and Yuyu Zeng

20130156: Economic Valuation of Liquidity Timing

Dennis Karstanje, Elvira Sojli, Wing Wah Tham and Michel van der Wel

20130155: A Quantile-based Realized Measure of Variation: New Tests for Outlying Observations in Financial Data

Charles Bos and Pawel Janus

20130154: Identifying Cross-Sided Liquidity Externalities

Johannes Skjeltorp, Elvira Sojli and Wing Wah Tham

20130153: Hole in the Wall: Informed Short Selling ahead of Private Placements

Henk Berkman, Michael McKenzie and Patrick Verwijmeren

20130152: Does it pay to invest in Art? A Selection-corrected Returns Perspective

Arthur Korteweg, Roman Kräussl and Patrick Verwijmeren

20130151: A Note on an Estimation Problem in Models with Adaptive Learning

Norbert Christopeit and Michael Massmann

20130150: Price Effects of Sovereign Debt Auctions in the Euro-zone: The Role of the Crisis

Roel Beetsma, Massimo Giuliodori, Frank de Jong and Daniel Widijanto

20130149: Participation Constraints in Pension Systems

Roel Beetsma and Ward Romp

20130148: Space and Knowledge Spillovers in European Regions

Andrea Caragliu and Peter Nijkamp

20130147: Assessment of Local Key Sectors in a Triple-Layer Spatial System

Eveline van Leeuwen, Yoshifumi Ishikawa and Peter Nijkamp

20130146: Crowding Externalities from Tourist Use of Urban Space

Bart Neuts, Peter Nijkamp and Eveline van Leeuwen

20130145: Modelling Tourism Development and Long-run Economic Growth in Aruba

Jorge Ridderstaat, Robertico Croes and Peter Nijkamp

20130144: Homeownership, Unemployment and Commuting Distances

Yuval Kantor, Peter Nijkamp and Jan Rouwendal

20130143: The Wear and Tear on Health: What is the Role of Occupation?

Bastian Ravesteijn, Hans van Kippersluis and Eddy Van Doorslaer

20130142: Interactions between Eurozone and US Booms and Busts: A Bayesian Panel Markov-switching VAR Model

Monica Billio, Roberto Casarin, Francesco Ravazzolo and Herman van Dijk

20130141: From Islands to Hubs of Innovation: Connecting Innovative Regions

Andrea Caragliu and Peter Nijkamp

20130140: An Exploratory Landscape Metrics Approach to Agricultural Changes: Applications of Spatial Economic Consequences for the Algarve, Portugal

Eric de Noronha Vaz, Teresa de Noronha and Peter Nijkamp

20130139: Mobile Phone Data and Urban Analysis: An Exploratory Space – Time Study

Emmanouil Tranos, John Steenbruggen and Peter Nijkamp

20130138: Digital Destinations in the Tourist Sector: A Path Model for the Impact of e-Services on Tourist Expenditures in Amsterdam

Bart Neuts, Joao Romao, Peter Nijkamp and Eveline van Leeuwen

20130137: A Target-Oriented Data Envelopment Analysis for Energy-Environment Efficiency Improvement in Japan

Soushi Suzuki, Peter Nijkamp and Piet Rietveld

20130136: Labour Market Effects of International Fragmentation of Production; Evidence from a Survey and Case Studies in the Dutch Industry

Ebel Berghuis and Frank Den Butter

20130135: Managing Transaction Costs in International Production; Evidence on Entrepreneurship from Case Studies in The Netherlands

Ebel Berghuis and Frank Den Butter

20130134: Firm Formation and Agglomeration under Monopolistic Competition

Stephan Brunow and Peter Nijkamp

20130133: The Firms behind the Regions: Analysis of Regional Innovation Performance in Portugal by External Logistic Biplots

Teresa de Noronha, Purificación Vicente Galindo, Peter Nijkamp and Eric de Noronha Vaz

20130132: Risk-averse and Risk-seeking Investor Preferences for Oil Spot and Futures

Hooi Hooi Lean and Michael McAleer

20130131: Aggressive Reporting and Probabilistic Auditing in a Principles-Based Environment

Suzanne H. Bijkerk, Vladimir Karamychev and Otto Swank

20130130: Modified Ramsey Discounting for Climate Change

Richard Tol

20130129: Self-employment and Health: Barriers or Benefits?

Cornelius A. Rietveld, Hans van Kippersluis and Roy Thurik

20130128: Market Integration Dynamics and Asymptotic Price Convergence in Distribution

Alfredo Garcia-Hiernaux, David Guerrero and Michael McAleer

20130127: Semiparametric Cross Entropy for Rare-Event Simulation

Zdravko Botev, Ad Ridder and Leonardo Rojas-Nandayapa

20130126: A Real Option Perspective on Valuing Gas Fields

Lin Zhao and Sweder van Wijnbergen

20130125: Expectations in Experiments

Florian Wagener

20130124: Reconciling Consumption Inequality with Income Inequality

Vadym Lepetyuk and Christian Stoltenberg

20130123: Overreporting vs. Overreacting: Commuters' Perceptions of Travel Times

Stefanie Peer, Jasper Knockaert, Paul Koster and Erik Verhoef