Tinbergen Institute Discussion Papers

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20120138: Middlemen: A Directed Search Equilibrium Approach

Makoto Watanabe

20120137: Dynamic Congestion and Urban Equilibrium

Sergejs Gubins and Erik Verhoef

20120136: Consistency, Population Solidarity, and Egalitarian Solutions for TU-Games

Rene van den Brink, Youngsub Chun, Yukihiko Funaki and Boram Park

20120135: Intrinsic Motivations of Public Sector Employees: Evidence for Germany

Robert Dur and Robin Zoutenbier

20120134: Do More Powerful Interest Groups have a Disproportionate Influence on Policy?

Zara Sharif and Otto Swank

20120133: Transformed Polynomials for Nonlinear Autoregressive Models of the Conditional Mean

Francisco Blasques

20120132: Fostering Cooperation through the Enhancement of Own Vulnerability

Anita Kopányi-Peuker, Theo Offerman and Randolph Sloof

20120131: Managing Sales Forecasters

Bert de Bruijn and Philip Hans Franses

20120130: Ability Dispersion and Team Performance: A Field Experiment

Sander Hoogendoorn, Simon Parker and Mirjam Praag

20120129: Nash Bargaining and the Wage Consequences of Educational Mismatches

Joop Hartog and Michael Sattinger

20120128: Identification and Inference in a Simultaneous Equation under Alternative Information Sets and Sampling Schemes

Jan Kiviet

20120127: What to put on and what to keep off the Table? A Politician's Choice of which Issues to address

Rei Sayag and Otto Swank

20120126: Games with a Local Permission Structure: Separation of Authority and Value Generation

Rene van den Brink and Chris Dietz

20120125: Stock Market Asymmetries: A Copula Diffusion

Denitsa Stefanova

20120124: Digital Urban Network Connectivity: Global and Chinese Internet Patterns

Emmanouil Tranos, Karima Kourtit and Peter Nijkamp

20120123: International Migration: A Global Complex Network

Emmanouil Tranos, Masood Gheasi and Peter Nijkamp

20120122: Car User Taxes, Quality Characteristics and Fuel Efficiency: Household Behavior and Market Adjustment

Bruno De Borger and Jan Rouwendal

20120121: Speed, Algorithmic Trading, and Market Quality around Macroeconomic News Announcements

Martin L. Scholtus, Dick van Dijk and Bart Frijns

20120120: Social Networks and Labor Market Inequality between Ethnicities and Races

Ott Toomet, Marco van der Leij and Meredith Rolfe

20120119: Hotelling Models with Price-Sensitive Demand and Asymmetric Transport Costs: An Application to Public Transport Scheduling

Adriaan van der Weijde, Erik Verhoef and Vincent van den Berg

20120118: Time-varying Combinations of Predictive Densities using Nonlinear Filtering

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

20120117: Advantaged Bidders in Franchise Auctions

Vincent van den Berg

20120116: Competition in Multi-Modal Transport Networks: A Dynamic Approach

Adriaan van der Weijde, Erik Verhoef and Vincent van den Berg

20120115: Ranking Systemically Important Financial Institutions

Mardi Dungey, Matteo Luciani and David Veredas

20120114: Top Incomes, Rising Inequality, and Welfare

Kevin Lansing and Agnieszka Markiewicz

20120113: Capacity Choice under Uncertainty with Product Differentiation

Christiaan Behrens and Mark Lijesen

20120112: Climate Change Skepticism in the Face of Catastrophe

Mark Kagan

20120111: Can European Bank Bailouts work?

Dirk Schoenmaker and Arjen Siegmann

20120110: A Forty Year Assessment of Forecasting the Boat Race

Geert Mesters and Siem Jan Koopman

20120109: Strong Consistency of the Least-Squares Estimator in Simple Regression Models with Stochastic Regressors

Norbert Christopeit and Michael Massmann

20120108: Social Interactions and Crime revisited: An Investigation using Individual Offender Data in Dutch Neighborhoods

Wim Bernasco, Thomas Graaff, Jan Rouwendal and Wouter Steenbeek

20120107: Banking and Trading

Arnoud Boot and Lev Ratnovski

20120106: Convertible Bonds and Bank Risk-Taking

Natalya Martynova and Enrico Perotti

20120105: Associated Consistency Characterization of Two Linear Values for TU Games by Matrix Approach

Genjiu Xu, Rene van den Brink, Gerard van der Laan and Hao Sun

20120104: Tax Rates as Strategic Substitutes

Ruud de Mooij and Hendrik Vrijburg

20120103: Probabilistic Bounded Relative Error Property for Learning Rare Event Simulation Techniques

Ad Ridder and Bruno Tuffin

20120102: Corporate Social Responsibility, Negative Externalities, and Financial Risk: The Case of Climate Change

Timo Busch, Nils Lehmann and Volker H. Hoffmann

20120101: On the Core of Cost-Revenue Games: Minimum Cost Spanning Tree Games with Revenues

Arantza Estevez-Fernandez and Hans Reijnierse

20120100: Capital Gains Taxation and the Cost of Capital: Evidence from Unanticipated Cross-Border Transfers of Tax Bases

Harry Huizinga, Johannes Voget and Wolf Wagner

20120099: A Dynamic Bivariate Poisson Model for Analysing and Forecasting Match Results in the English Premier League

Siem Jan Koopman and Rutger Lit

20120098: Bayesian Analysis of Instrumental Variable Models: Acceptance-Rejection within Direct Monte Carlo

Arnold Zellner, Tomohiro Ando, Nalan Baştürk, Lennart Hoogerheide and Herman van Dijk

20120097: Improved Likelihood Ratio Tests for Cointegration Rank in the VAR Model

H. Peter Boswijk, Michael Jansson and Morten Nielsen

20120096: The R Package MitISEM: Mixture of Student-t Distributions using Importance Sampling Weighted Expectation Maximization for Efficient and Robust Simulation

Nalan Baştürk, Lennart Hoogerheide, Anne Opschoor and Herman van Dijk

20120095: Nomen Nescio

Nomen Nescio

20120094: The Elimination of Broker Voting in Director Elections

Ali Akyol, Konrad Raff and Patrick Verwijmeren

20120093: Childcare Subsidies and Labor Supply: Evidence from a large Dutch Reform

L.J.H. Bettendorf, Egbert L.W. Jongen and Paul Muller

20120092: On Axiomatizations of the Shapley Value for Assignment Games

Rene van den Brink and Miklos Pinter

20120091: Rising Inequalities in Income and Health in China: Who is left behind?

Steef Baeten, Tom Van Ourti and Eddy Van Doorslaer

20120090: Is EU Support to Malawi Agriculture Effective?

Wouter Zant

20120089: In and out of Equilibrium II: Evolution in Repeated Games with Discounting and Complexity Costs

Matthijs van Veelen and Julian Garcia

20120088: How does Market Access affect Smallholder Behavior? The Case of Tobacco Marketing in Malawi

Wouter Zant

20120087: Auctions for Private Congestible Infrastructures

Vincent van den Berg

20120086: Collective versus Decentralized Wage Bargaining and the Efficient Allocation of Resources

Xiaoming Cai, Pieter Gautier and Makoto Watanabe

20120085: Optimal Learning on Climate Change: Why Climate Skeptics should reduce Emissions

Sweder van Wijnbergen and Tim Willems

20120084: Inequity in the Face of Death

Pilar Garcia-Gomez, Erik Schokkaert, Tom Van Ourti and Teresa Bago d'Uva

20120083: New Evidence on Fungibility at the Aggregate Level

Lukasz Marc

20120082: The Impact of a Culturally Diverse Workforce on Firms' Market Size: An Empirical Investigation on Germany

Stephan Brunow and Peter Nijkamp

20120081: Evaluation of Development Programs: Using Regressions to assess the Impact of Complex Interventions

Chris Elbers and Jan Willem Gunning

20120080: The Educational Bias in Commuting Patterns: Micro-Evidence for the Netherlands

Stefan P.T. Groot, Henri de Groot and Paolo Veneri

20120079: Altruism to Strangers for our Own Sake: Domestic Effects from Immigration

Annie Tubadji and Peter Nijkamp

20120078: Catastrophic Medical Expenditure Risk

Gabriela Flores and Owen O'Donnell

20120077: On the Merits of Meritocracy

John Morgan, Dana Sisak and Felix Vardy

20120076: Forecasting Interest Rates with Shifting Endpoints

Dick van Dijk, Siem Jan Koopman, Michel van der Wel and Jonathan Wright

20120075: On the Effectiveness of Child Care Centers in Promoting Child Development in Ecuador

Jose Rosero

20120074: The ABC of Housing Strategies: Are Housing Assistance Programs Effective in Enhancing Children's Well Being?

Jose Rosero

20120073: Regional Interest Rate Variations: Evidence from the Indonesian Credit Markets

Masagus M Ridhwan, Henri de Groot, Piet Rietveld and Peter Nijkamp

20120072: Production Externalities in the Wood Furniture Industry in Central Java

Roos K. Andadari, Henri de Groot and Piet Rietveld

20120071: Estimating Equilibrium Effects of Job Search Assistance

Pieter Gautier, Paul Muller, Bas van der Klaauw, Michael Rosholm and Michael Svarer

20120070: Childhood Intelligence and Adult Mortality, and the Role of Socio-Economic Status

Jan Cramer

20120069: Effectiveness of Large Scale Water and Sanitation Interventions: the One Million Initiative in Mozambique

Chris Elbers, Samuel Godfrey, Jan Willem Gunning, Matteus van der Velden and Melinda Vigh

20120068: Ethnic Diversity and Team Performance: A Field Experiment

Sander Hoogendoorn and Mirjam Praag

20120067: What drives the Quotes of Earnings Forecasters?

Bert de Bruijn and Philip Hans Franses

20120066: The Death of Distance Revisited: Cyberplace, Physical and Relational Proximities

Emmanouil Tranos and Peter Nijkamp

20120065: Product Heterogeneity, Intangible Barriers and Distance Decay: The Effect of Multiple Dimensions of Distance on Trade across Different Product Categories

Maureen Lankhuizen, Thomas Graaff and Henri de Groot

20120064: Cost Recovery of Congested Infrastructure under Market Power

Erik Verhoef

20120063: Revealed Competition for Greenfield Investments between European Regions

Martijn Burger, Bert van der Knaap and Ronald S. Wall

20120062: Why do Entrepreneurial Parents have Entrepreneurial Children?

Matthew Lindquist, Joeri Sol and Mirjam Praag

20120061: The Power of a Bad Example - A Field Experiment in Household Garbage Disposal

Robert Dur and Ben Vollaard

20120060: Dividend-Protected Convertible Bonds and the Disappearance

Bruce D. Grundy and Patrick Verwijmeren

20120059: Stationarity and Ergodicity of Univariate Generalized Autoregressive Score Processes

Francisco Blasques, Siem Jan Koopman and Andre Lucas

20120058: Screening for Collusion: A Spatial Statistics Approach

Pim Heijnen, Marco Haan and Adriaan Soetevent

20120057: Aggregating Credit and Market Risk: The Impact of Model Specification

Andre Lucas and Bastiaan Verhoef

20120056: Airlines' Strategic Interactions and Airport Pricing in a Dynamic Bottleneck Model of Congestion

Hugo E. Silva, Erik Verhoef and Vincent van den Berg

20120055: A New Semiparametric Volatility Model

Jiangyu Ji and Andre Lucas

20120054: Social Relations and Relational Incentives

Robert Dur and Jan Tichem

20120053: Long-Term versus Short-Term Contingencies in Asset Allocation

Mahmoud Botshekan and Andre Lucas

20120052: Share Functions for Cooperative Games with Levels Structure of Cooperation

Mikel Álvarez-Mozos, Rene van den Brink, Gerard van der Laan and Oriol Tejada

20120051: Health Expenditure Growth: Looking beyond the Average through Decomposition of the Full Distribution

Claudine de Meijer, Marc Koopmanschap, Owen O'Donnell and Eddy Van Doorslaer

20120050: A Strategic Implementation of the Average Tree Solution for Cycle-Free Graph Games

Rene van den Brink, Gerard van der Laan and Nigel Moes

20120049: Dutch Sectoral Energy Intensity Developments in International Perspective, 1987-2005

Peter Mulder and Henri de Groot

20120048: The Transmission of Monetary Policy through Conventional and Islamic Banks

Sajjad Zaheer, Steven Ongena and Sweder van Wijnbergen

20120047: Composite Valuation of Immaterial Damage in Flooding: Value of Statistical Life, Value of Statistical Evacuation and Value of Statistical Injury

Marija Bockarjova, Piet Rietveld and Erik Verhoef

20120046: Scale, Scope and Cognition: Context Analysis of Multiple Stated Choice Experiments on the Values of Life and Limb

Marija Bockarjova, Piet Rietveld and Erik Verhoef

20120045: Risk and Inequality in a Social Decision Making Experiment

Ingrid Rohde and Kirsten I.M. Rohde

20120044: Fiscal Deficits, Financial Fragility, and the Effectiveness of Government Policies

Markus Kirchner and Sweder van Wijnbergen

20120043: Learning Dynamics and the Support for Economic Reforms: Why Good News can be Bad

Sweder van Wijnbergen and Tim Willems

20120042: Forecasting Macroeconomic Variables using Collapsed Dynamic Factor Analysis

Falk Bräuning and Siem Jan Koopman

20120041: The Effect of Early Entrepreneurship Education: Evidence from a Randomized Field Experiment

Laura Rosendahl Huber, Randolph Sloof and Mirjam Praag

20120040: The On-Street Parking Premium and Car Drivers' Choice between Street and Garage Parking

Martijn Kobus, Eva Gutiérrez-i-Puigarnau, Piet Rietveld and Jos van Ommeren

20120039: Effects of NCMS Coverage on Access to Care and Financial Protection in China

Zhiyuan Hou, Ellen Van de Poel, Eddy Van Doorslaer, Baorong Yua and Qingyue Menge