Tinbergen Institute Discussion Papers

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20100108: Competing Risks in a Time on the Market Analysis

Erik de Wit

20100107: Competing Recombinant Technologies for Environmental Innovation

Paolo Zeppini and Jeroen van den Bergh

20100106: Short-Selling Bans around the World: Evidence from the 2007-09 Crisis

Alessandro Beber and Marco Pagano

20100105: The Impact of Mixed Land Use on Residential Property Values

Hans Koster and Jan Rouwendal

20100104: Systemic Risk Diagnostics

Bernd Schwaab, Andre Lucas and Siem Jan Koopman

20100103: Can Provision of Free School Uniforms harm Attendance? Evidence from Ecuador

Diana Hidalgo, Mercedes Onofa, Hessel Oosterbeek and Juan Ponce

20100102: Retirement Choices in Italy: What an Option Value Model tells us

Michele Belloni and Rob Alessie

20100101: Monitoring your Friends, not your Foes: Strategic Ignorance and the Delegation of Real Authority

Silvia Dominguez-Martinez, Randolph Sloof and Ferdinand von Siemens

20100100: Sovereign Risk and Macroeconomic Fluctuations in an Emerging Market Economy

Markus Kirchner and Malte Rieth

20100099: What are the Effects of Monetary Policy Shocks? Evidence from Dollarized Countries

Tim Willems

20100098: Labor Market Matching under Imperfect Information

Tim Willems

20100097: Bottleneck Congestion: Differentiating the Coarse Charge

Jasper Knockaert, Erik Verhoef and Jan Rouwendal

20100096: Fair Agreements for Sharing International Rivers with Multiple Springs and Externalities

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

20100095: Happiness and Financial Satisfaction in Israel. Effects of Religiosity, Ethnicity, and War

Bernard van Praag, Dmitri Romanov and Ada Ferrer-i-Carbonell

20100094: The Gains of Trains: The effect of station openings on house prices

Hans Koster, Jos van Ommeren and Piet Rietveld

20100093: Wages and Commuting: Quasi-Natural Experiments' Evidence from Firms that relocate

Ismir Mulalic, Jos van Ommeren and Ninette Pilegaard

20100092: Approximate Results for a Generalized Secretary Problem

Chris Dietz, Dinard van der Laan and Ad Ridder

20100091: Welfare Effects of Road Pricing and Traffic Information under Alternative Ownership Regimes

Sergejs Gubins, Erik Verhoef and Thomas Graaff

20100090: The Herodotus Paradox

Michael Baye, Dan Kovenock and Casper de Vries

20100089: Hospitals, Employees and Parking

Jos van Ommeren and Giovanni Russo

20100088: Does Disagreement amongst Forecasters have Predictive Value?

Rianne Legerstee and Philip Hans Franses

20100087: Estimating Firms' Demand for Agglomeration

Hans Koster, Jos van Ommeren and Piet Rietveld

20100086: The University Workers' Willingness to pay for Commuting

Giovanni Russo, Jos van Ommeren and Piet Rietveld

20100085: Public Housing and the Value of Apartment Quality to Households

Jos van Ommeren and Marnix Koopman

20100084: Stochastic Dominance Efficiency Analysis of Diversified Portfolios: Classification, Comparison and Refinements

Andrey Lizyayev

20100083: Identifying All Distinct Sample P-P Plots, with an Application to the Exact Finite Sample Distribution of the L1-FCvM Test Statistic

Jeroen Hinloopen and Rien Wagenvoort

20100082: The Downside Risk of Heavy Tails induces Low Diversification

Namwon Hyung and Casper de Vries

20100081: Global Stochastic Properties of Dynamic Models and their Linear Approximations

Ana Babus and Casper de Vries

20100080: Unraveling the Shift to the Entrepreneurial Economy

David Audretsch and Roy Thurik

20100079: A Theory of Socioeconomic Disparities in Health over the Life Cycle

Titus Galama and Hans van Kippersluis

20100078: A Meta-Analysis of the Equity Premium

Casper Ewijk, Henri de Groot and Coos Santing

20100077: Consistent Estimation of Structural Parameters in Regression Models with Adaptive Learning

Norbert Christopeit and Michael Massmann

20100076: Measuring Socioeconomic Inequality in Health, Health Care and Health Financing by Means of Rank-Dependent Indices: A Recipe for Good Practice

Guido Erreygers and Tom Van Ourti

20100075: Family Background Variables as Instruments for Education in Income Regressions: A Bayesian Analysis

Lennart Hoogerheide, Joern Block and Roy Thurik

20100074: Self-Selection and the Power of Incentive Schemes: An Experimental Study

Jana Vyrastekova, Sander Onderstal and Pierre Koning

20100073: Start Time and Worker Compensation: Implications for Staggered-Hours Programs

Eva Gutiérrez-i-Puigarnau and Jos van Ommeren

20100072: Insurance Search and Switching Behavior

Jonneke Bolhaar, Bas van der Klaauw and Maarten Lindeboom

20100071: Predicting Travel Time Variability for Cost-Benefit Analysis

Stefanie Peer, Carl Koopmans and Erik Verhoef

20100070: Is Power Production Flexibility a Substitute for Storability? Evidence from Electricity Futures Prices

Mehtap Kilic and Ronald Huisman

20100069: A Rank Dependent Scheduling Model

Paul Koster and Erik Verhoef

20100068: Stick to the Plan? A Revealed-Preference Study of Behavioural Impacts of Traffic Information

Yin-Yen Tseng, Jasper Knockaert and Erik Verhoef

20100067: Self-Employment around Retirement Age

Stefan Hochguertel

20100066: On the Identification of the Costs of Simultaneous Search

Jose Moraga-Gonzalez, Zsolt Sandor and Matthijs Wildenbeest

20100065: Axiomatization and Implementation of Discounted Shapley Values

Rene van den Brink and Yukihiko Funaki

20100064: Carrot and Stick: How Reemployment Bonuses and Benefit Sanctions affect Job Finding Rates

Bas van der Klaauw and Jan van Ours

20100063: The Trust Game behind the Veil of Ignorance: A Note on Gender Differences

Jana Vyrastekova and Sander Onderstal

20100062: Give or take? Rewards vs. Charges for a Congested Bottleneck

Jan Rouwendal, Erik Verhoef and Jasper Knockaert

20100061: Travel Time Variability and Airport Accessibility

Paul Koster, Eric Kroes and Erik Verhoef

20100060: Micro-Evidence on the Determinants of Innovation in The Netherlands: The Relative Importance of Absorptive Capacity and Agglomeration Externalities

Martijn Smit, Maria A. Abreu and Henri de Groot

20100059: A Comparative Study of Monte Carlo Methods for Efficient Evaluation of Marginal Likelihood

David Ardia, Nalan Baştürk, Lennart Hoogerheide and Herman van Dijk

20100058: Do Firms sell forward for Strategic Reasons? An Application to the Wholesale Market for Natural Gas

Remco van Eijkel and Jose Luis Moraga

20100057: Optimal Central Bank Lending

Andreas Schabert

20100056: Punching above One's Weight: The Case against Election Campaigns

Marco Haan, Bart Los, Sander Onderstal and Yohanes Riyanto

20100055: Peer Evaluation: Incentives and Co-Worker Relations

Joeri Sol

20100054: Market Power in Water Markets

Erik Ansink and Harold Houba

20100053: Risk Attitudes and Profits among Small Enterprises in Nigeria

Judith Lammers, Daan Willebrands and Joop Hartog

20100052: The Macroeconomics of the Credit Crisis: In Search of Externalities for Macro-Prudential Supervision

Frank Den Butter

20100051: Transaction Management: Value Creation by Reducing Transaction Costs

Frank Den Butter

20100050: Evidence on a Real Business Cycle Model with Neutral and Investment-Specific Technology Shocks using Bayesian Model Averaging

Rodney Strachan and Herman van Dijk

20100049: The Stickiness of Aggregate Consumption Growth in OECD Countries: A Panel Data Analysis

Gerdie Everaert and Lorenzo Pozzi

20100048: The (Hidden) Cost of Employer Parking Policies

Jos van Ommeren and Derk Wentink

20100047: Competitive Prices as Profit-Maximizing Cartel Prices

Harold Houba, Evgenia Motchenkova and Quan Wen

20100046: Efficient Bayesian Estimation and Combination of GARCH-Type Models

David Ardia and Lennart F. Hoogerheide

20100045: Bayesian Estimation of the GARCH(1,1) Model with Student-t Innovations

David Ardia and Lennart F. Hoogerheide

20100044: Some Exact Tests for Manifest Properties of Latent Trait Models

Jan G. Gooijer and Ao Yuan

20100043: The Impact of Monetary Policy on Economic Activity - Evidence from a Meta-Analysis

Masagus M Ridhwan, Henri de Groot and Peter Nijkamp

20100042: Employment Protection, Technology Choice, and Worker Allocation

Eric Bartelsman, Pieter Gautier and Joris de Wind

20100041: Selective Secondary Education and School Participation in Sub-Saharan Africa: Evidence from Malawi

Jacobus de Hoop

20100040: Is Economic Recovery a Myth? Robust Estimation of Impulse Responses

Coen N. Teulings and Nick Zubanov

20100039: Price and Transaction Volume in the Dutch Housing Market

Erik de Wit, Peter Englund and Marc Francke

20100038: Asymmetric Information and List Price Reductions in the Housing Market

Erik de Wit and Bas van der Klaauw

20100037: In and Out of Equilibrium: Evolution of Strategies in Repeated Games with Discounting

Matthijs van Veelen and Julian Garcia

20100036: On the Optimality of Regularity in Mixing Markovian Decision Rules for MDP Control

Dinard van der Laan

20100035: Balanced Consistency and Balanced Cost Reduction for Sequencing Problems

Rene van den Brink and Youngsub Chun

20100034: Decision Making and Learning in a Globalizing World

Otto Swank and Bauke Visser

20100033: But Some Neutrally Stable Strategies are More Neutrally Stable than Others

Matthijs van Veelen

20100032: A Dynamic Multivariate Heavy-Tailed Model for Time-Varying Volatilities and Correlations

Drew Creal, Siem Jan Koopman and Andre Lucas

20100031: A Note on Passepartout Problems

Arantza Estevez-Fernandez, Peter Borm and Herbert Hamers

20100030: Finite-State Markov Chains obey Benford's Law

Bahar Kaynar, Arno Berger, Theodore P. Hill and Ad Ridder

20100029: Weather and Travel Time of Public Transport Trips

Muhammad Sabir, Mark Koetse, Jos van Ommeren and Piet Rietveld

20100028: Empirical Evidence on Cruising for Parking

Jos van Ommeren, Derk Wentink and Piet Rietveld

20100027: Can we measure Individual Risk Attitudes in a Survey?

Xiaohao Ding, Joop Hartog and Yuze Sun

20100026: The Condorcet Paradox Revisited

P. Jean-Jacques Herings and Harold Houba

20100025: Service Parts Inventory Control with Lateral Transshipment that takes Time

Guangyuan Yang and Rommert Dekker

20100024: Are Education and Entrepreneurial Income Endogenous and do Family Background Variables make Sense as Instruments? A Bayesian Analysis

Joern Block, Lennart Hoogerheide and Roy Thurik

20100023: Preopening and Equilibrium Selection

Riccardo Calcagno and Stefano Lovo

20100022: Bank Ownership and Financial Stability

Enrico Perotti and Marcel Vorage

20100021: Transmission of Government Spending Shocks in the Euro Area: Time Variation and Driving Forces

Markus Kirchner, Jacopo Cimadomo and Sebastian Hauptmeier

20100020: Is there really a Green Paradox?

Frederick (Rick) van der Ploeg and Cees Withagen

20100019: Corporate Governance and Leverage: Evidence from a Natural Experiment

Stefan Arping and Zacharias Sautner

20100018: Modeling Trigonometric Seasonal Components for Monthly Economic Time Series

Irma Hindrayanto, John A.D. Aston, Siem Jan Koopman and Marius Ooms

20100017: Models with Time-varying Mean and Variance: A Robust Analysis of U.S. Industrial Production

Charles Bos and Siem Jan Koopman

20100016: Why Congestion Tolling could be good for the Consumer: The Effects of Heterogeneity in the Values of Schedule Delay and Time on the Effects of Tolling

Vincent van den Berg and Erik Verhoef

20100015: Well-Being Inequality and Reference Groups - An Agenda for New Research

Bernard van Praag

20100014: Biases in Willingness-To-Pay Measures from Multinomial Logit Estimates due to Unobserved Heterogeneity

Vincent van den Berg, Eric Kroes and Erik Verhoef

20100013: Optimal Balanced Control for Call Centers

Sandjai Bhulai, Taoying Farenhorst-Yuan, Bernd Heidergott and Dinard van der Laan

20100012: Industry Dynamics and Entrepreneurship: An Equilibrium Model

Dennis Fok, André van Stel, Andrew Burke and Roy Thurik

20100011: Enhanced Cooperation in an Asymmetric Model of Tax Competition

Hendrik Vrijburg and Ruud de Mooij

20100010: Income Taxation in an Empirical Collective Household Labour Supply Model with Discrete Hours

Hans Bloemen

20100009: On the Extent of Economic Integration: A Comparison of EU Countries and US States

Harry Bowen, Haris Munandar and Jean-Marie Viaene