Tinbergen Institute Discussion Papers

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20090082: The Impact of Female Sex Hormones on Competitiveness

Thomas Buser

20090081: The Effects of Leniency on Maximal Cartel Pricing

Harold Houba, Evgenia Motchenkova and Quan Wen

20090080: The Values of Natural and Constructed Wetlands: A Meta-Analysis

Andrea Ghermandi, Jeroen van den Bergh, Luke M. Brander, Henri de Groot and Paulo Nunes

20090079: Defining European Wholesale Electricity Markets: An “And/Or” Approach

Elbert Dijkgraaf and Maarten C.W. Janssen

20090078: The Consequences of Implementing a Child Care Voucher: Evidence from Australia, The Netherlands and USA

Mildred E. Warner and Raymond Gradus

20090077: A Monopolist in Public Transport: Undersupply or Oversupply?

Vladimir Karamychev and Peran van Reeven

20090076: How Important Are Risk-Taking Incentives in Executive Compensation?

Ingolf Dittmann and Ko-Chia Yu

20090075: Incomplete Contract and Divisional Structures

Te Bao and Yongqin Wang

20090074: Visualizing the Invisible: Estimating the New Keynesian Output Gap via a Bayesian Approach

Tim Willems

20090073: Evaluation of Development Policy: Treatment versus Program Effects

Chris Elbers and Jan Willem Gunning

20090072: Selective Competition

Andrei Dubovik and Alexei Parakhonyak

20090071: Starting Wages Respond To Employer's Risk

Peter Berkhout, Joop Hartog and Hans van Ophem

20090070: Entrepreneurial Progress: Climbing the Entrepreneurial Ladder in Europe and the US

Peter van der Zwan, Ingrid Verheul, Roy Thurik and Isabel Grilo

20090069: Tournament Incentives in the Field: Gender Differences in the Workplace

Josse Delfgaauw, Robert Dur, Joeri Sol and Willem Verbeke

20090068: Lobbying of Firms by Voters

Matthias Dahm, Robert Dur and Amihai Glazer

20090067: Public Sector Employees: Risk Averse and Altruistic?

Margaretha Buurman, Robert Dur and Seth Van den Bossche

20090066: Contests with Rank-Order Spillovers

Michael Baye, Dan Kovenock and Casper de Vries

20090065: Efficiency and Collusion Neutrality of Solutions for Cooperative TU-Games

Rene van den Brink

20090064: Axiomatizations of Two Types of Shapley Values for Games on Union Closed Systems

Rene van den Brink, Ilya Katsev and Gerard van der Laan

20090063: Imperfect Information, Lagged Labor Adjustment and the Great Moderation

Tim Willems and Sweder van Wijnbergen

20090062: Solving Discrete Systems of Nonlinear Equations

Gerard van der Laan, Adolphus Talman and Zaifu Yang

20090061: Forecast Accuracy and Economic Gains from Bayesian Model Averaging using Time Varying Weights

Lennart Hoogerheide, Richard Kleijn, Francesco Ravazzolo, Herman van Dijk and Marno Verbeek

20090060: Inciting Protocols - How International Environmental Agreements Trigger Knowledge Transfers

Thijs Dekker, Herman R.J. Vollebergh, Frans de Vries and Cees Withagen

20090059: Territorial Capital and Regional Growth: Increasing Returns in Cognitive Knowledge Use

Roberta Capello, Andrea Caragliu and Peter Nijkamp

20090058: Embeddedness of Entrepreneurs in Rural Areas: A Comparative Rough Set Data Analysis

Aliye Gülümser Akgün, Peter Nijkamp, Tuzin Baycan-Levent and Martijn Brons

20090057: The Pricing of Bank Debt Guarantees

Stefan Arping

20090056: Who values the Status of the Entrepreneur?

Mirjam Praag

20090055: Entrepreneurship, Wage Employment and Control in an Occupational Choice Framework

Robin Douhan and Mirjam Praag

20090054: Investment under Risk with Discrete and Continuous Assets

Chris Elbers, Jan Willem Gunning and Melinda Vigh

20090053: Cross-Border Mergers & Acquisitions: A Piece of The Natural Resource Curse Puzzle

Julia Swart and Charles Marrewijk

20090052: Measuring Power and Satisfaction in Societies with Opinion Leaders: Dictator and Opinion Leader Properties

Rene van den Brink, Agnieszka Rusinowska and Frank Steffen

20090051: Intermodal Competition in The London-Paris Passenger Market: High-Speed Rail and Air Transport

Christiaan Behrens and Eric Pels

20090050: The Trade-Off between Foreign Direct Investments and Exports: The Role of Multiple Dimensions of Distance

Maureen Lankhuizen, Henri de Groot and Gert-Jan M. Linders

20090049: Asymmetric Price Effects of Competition

Saul Lach and Jose Moraga-Gonzalez

20090048: Network Measures in Civil Air Transport: A Case Study of Lufthansa

Aura Reggiani, Sara Signoretti, Peter Nijkamp and Alessandro Cento

20090047: Regional Economic Impacts of Immigration: A Review

Simonetta Longhi, Peter Nijkamp and Jacques Poot

20090046: Are Market Makers Uninformed and Passive? Signing Trades in The Absence of Quotes

Michel van der Wel, Albert Menkveld and Asani Sarkar

20090045: Global and Regional Impacts of the Clean Development Mechanism

Shunli Wang, Henri de Groot, Peter Nijkamp and Erik Verhoef

20090044: Starting an R&D Project under Uncertainty

Sabien Dobbelaere, Roland Iwan Luttens and Bettina Peters

20090043: Forecasting Aggregate Productivity using Information from Firm-Level Data

Eric Bartelsman and Zoltán Wolf

20090042: Why Are Residents Reluctant to Consult Attending Physicians?

Otto Swank

20090041: Dynamic Factor Models with Smooth Loadings for Analyzing the Term Structure of Interest Rates

Borus Jungbacker, Siem Jan Koopman and Michel van der Wel

20090040: Interest Rate Rules and Macroeconomic Stability under Heterogeneous Expectations

Mikhail Anufriev, Tiziana Assenza, Cars Hommes and Domenico Massaro

20090039: Has the Basel II Accord Encouraged Risk Management during the 2008-09 Financial Crisis?

Michael McAleer, Juan Jimenez-Martin and Teodosio Pérez-Amaral

20090038: The Restricted Core for Totally Positive Games with Ordered Players

Rene van den Brink, Gerard van der Laan and Valery Vasil'ev

20090037: Long Run Returns to Education: Does Schooling Lead to an Extended Old Age?

Hans van Kippersluis, Owen O'Donnell and Eddy Van Doorslaer

20090036: Strategic versus Financial Investors: The Role of Strategic Objectives in Financial Contracting

Stefan Arping and Sonia Falconieri

20090035: The Impact of Industrial Sites on Residential Property Values

Friso de Vor and Henri de Groot

20090034: Total Factor Productivity and the Role of Entrepreneurship

Hugo Erken, Piet Donselaar and Roy Thurik

20090033: Shallow Lake Economics Run Deep: Nonlinear Aspects of an Economic-Ecological Interest Conflict

Florian Wagener

20090032: Entrepreneurship and the Business Cycle

Philipp Koellinger and Roy Thurik

20090031: Advertising for Attention in a Consumer Search Model

Marco A. Haan and Jose Moraga-Gonzalez

20090030: The Interaction between Explicit and Relational Incentives: An Experiment

Randolph Sloof and Joep Sonnemans

20090029: Environmental Damage and Price Taking Behaviour by Firms and Consumers

Harold Houba and Hans Kremers

20090028: Coordination Frictions and The Financial Crisis

Pieter Gautier

20090027: The Breakdown of Morale

Nick Vikander

20090026: The Urban Growth Potential of Second-Generation Migrant Entrepreneurs - A Sectoral Study on Amsterdam

Tüzin Baycan-Levent, Peter Nijkamp and Mediha Sahin

20090025: Migrant Entrepreneurship and New Urban Economic Opportunities

Peter Nijkamp, Mediha Sahin and Tüzin Baycan-Levent

20090024: Comparitive Performance Analysis of European Airports by Means of Extended Data Envelopment Analysis

Soushi Suzuki, Peter Nijkamp, Eric Pels and Piet Rietveld

20090023: Residents' Benefits Evaluation of Urban Development Plans - A Willingnes-To-Accept Model for a Multi-functional Land Use Project in Amsterdam

Caroline A. Rodenburg, Peter Nijkamp, Henri de Groot and Erik Verhoef

20090022: The Effect of Migration on Income Convergence: Meta-Analytic Evidence

Ceren Ozgen, Peter Nijkamp and Jacques Poot

20090021: Intangible Barriers to International Trade: A Sectoral Approach

Jan Möhlmann, Sjef Ederveen, Henri de Groot and Gert-Jan M. Linders

20090020: International Trade with Firm Heterogeneity in Factor Shares

Julian Emami Namini

20090019: Public Initiatives to Support Entrepreneurs: Credit Guarantees versus Co-Funding

Stefan Arping, Gyöngyi Lóránth and Alan Morrison

20090018: Solving The Discrete-Time Stochastic Ramsey Model

Chris Elbers

20090017: To Bridge, to Warp or to Wrap? A Comparative Study of Monte Carlo Methods for Efficient Evaluation of Marginal Likelihoods

David Ardia, Lennart Hoogerheide and Herman van Dijk

20090016: The Health Penalty of China's Rapid Urbanization

Ellen Van de Poel, Owen O'Donnell and Eddy Van Doorslaer

20090015: Payment Choice, Image Motivation and Contributions to Charity

Adriaan Soetevent

20090014: Are Workers with A Long Commute Less Productive? An Empirical Analysis of Absenteeism

Jos van Ommeren and Eva Gutiérrez-i-Puigarnau

20090013: The Transaction Costs Perspective on Costs And Benefits of Government Regulation

Frank Den Butter, Marc de Graaf and André Nijsen

20090012: Pros and Cons of ‘Backing Winners’ in Innovation Policy

Frank Den Butter and Seung-gyu Jo

20090011: Robust Optimization of the Equity Momentum Strategy

Arco van Oord, Martin Martens and Herman van Dijk

20090010: Dynamic Factor Analysis in The Presence of Missing Data

B. Jungbacker, Siem Jan Koopman and Michel van der Wel

20090009: Manipulable Congestion Tolls

Jan Brueckner and Erik Verhoef

20090008: Labour Supply and Commuting: Implications for Optimal Road Taxes

Eva Gutiérrez-i-Puigarnau and Jos van Ommeren

20090007: Tracing the Base: A Topographic Test for Collusive Basing-Point Pricing

Iwan Bos and Maarten Pieter Schinkel

20090006: Socioeconomic Differences in Health over the Life Cycle in an Egalitarian Country

Hans van Kippersluis, Owen O'Donnell, Eddy Van Doorslaer and Tom Van Ourti

20090005: The Entrepreneurial Adjustment Process in Disequilibrium

Andrew Burke and André van Stel

20090004: Horizontal Multinational Firms, Vertical Multinational Firms and Domestic Investment

Julian Emami Namini and Enrico Pennings

20090003: Firm Formation with Complementarities: The Role of the Entrepreneur

Christian Roessler and Philipp Koellinger

20090002: Imports as Product and Labour Market Discipline

Herve Boulhol, Sabien Dobbelaere and Sara Maioli

20090001: Panel Data Estimates of the Production Function and Product and Labor Market Imperfections

Sabien Dobbelaere and Jacques Mairesse

20080120: Maximal Cartel Pricing and Leniency Programs

Harold Houba, Evgenia Motchenkova and Quan Wen

20080119: The Impact of Regional Absorptive Capacity on Spatial Knowledge Spillovers

Andrea Caragliu and Peter Nijkamp

20080118: White Knights and the Corporate Governance of Hostile Takeovers

Riccardo Calcagno and Sonia Falconieri

20080117: Do Auctions and Forced Divestitures increase Competition?

Adriaan Soetevent, Marco Haan and Pim Heijnen

20080116: On the Effects of Suggested Prices in Gasoline Markets

Riemer P. Faber and Maarten Janssen

20080115: Axiomatizations of a Positional Power Score and Measure for Hierarchies

Rene van den Brink and Frank Steffen

20080114: Spline Smoothing over Difficult Regions

Siem Jan Koopman and Soon Yip Wong

20080113: Incentives and the Sorting of Altruistic Agents into Street-Level Bureaucracies

Margaretha Buurman and Robert Dur

20080112: A Dynamic Model of Investor Decision-Making: How Adaptation to Losses affects Future Selling Decisions

Carmen Lee, Roman Kraeussl, Andre Lucas and Leonard J. Paas

20080111: An Empirical Analysis of the Time Allocation of Italian Couples: Are Italian Men Irresponsive?

Hans Bloemen, Silvia Pasqua and Elena Stancanelli

20080110: A Generalized Goals-achievement Model in Data Envelopment Analysis

Soushi Suzuki and Peter Nijkamp

20080109: School Choice and Competition

Elbert Dijkgraaf, Stephanie van der Geest, Raymond Gradus and Matthijs de Jong

20080108: A General Framework for Observation Driven Time-Varying Parameter Models

Drew Creal, Siem Jan Koopman and Andre Lucas

20080107: An Analysis of the Effects of the Severance Payment Reform on Credit to Italian SMEs

Riccardo Calcagno, Roman Kraeussl and Chiara Monticone

20080106: Car ownership and the Labor Market of Ethnic Minorities

Pieter Gautier and Yves Zenou

20080105: Out-of-sample Comparison of Copula Specifications in Multivariate Density Forecasts

Cees Diks, Valentyn Panchenko and Dick van Dijk

20080104: An Algorithm for Computing the Nucleolus of Disjunctive Additive Games with An Acyclic Permission Structure

Rene van den Brink, Ilya Katsev and Gerard van der Laan

20080103: High-Speed Rail & Air Transport Competition

Nicole Adler, Chris Nash and Eric Pels