Tinbergen Institute Discussion Papers

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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

20080102: Beating the Random Walk: a Performance Assessment of Long-term Interest Rate Forecasts

Frank Den Butter and Pieter W. Jansen

20080101: Washington meets Wall Street: A Closer Examination of the Presidential Cycle Puzzle

R. Kraeussl, Andre Lucas, D. Rijsbergen, Pieter van der Sluis and E. Vrugt

20080100: A K-sample Homogeneity Test based on the Quantification of the p-p Plot

Jeroen Hinloopen, Rien Wagenvoort and Charles Marrewijk

20080099: Transaction Costs in Housing Markets

Jos van Ommeren

20080098: Rich meets Poor - An International Fairness Experiment

Alexander Cappelen, Karl Ove Moene, Erik Sørensen and Bertil Tungodden

20080097: Managerial Talent, Motivation, and Self-Selection into Public Management

Josse Delfgaauw and Robert Dur

20080096: Bayesian Averaging over Many Dynamic Model Structures with Evidence on the Great Ratios and Liquidity Trap Risk

Rodney Strachan and Herman van Dijk

20080095: The Bias of the Gini Coefficient due to Grouping

Tom Van Ourti and Philip Clarke

20080094: Social Interaction, Co-Worker Altruism, and Incentives

Robert Dur and Joeri Sol

20080093: Health, Financial Incentives and Retirement in Spain

Esen Erdogan-Ciftci, Eddy Van Doorslaer and Angel Lopez-Nicolas

20080092: Bayesian Forecasting of Value at Risk and Expected Shortfall using Adaptive Importance Sampling

Lennart Hoogerheide and Herman van Dijk

20080091: Optimal Diversity in Investments with Recombinant Innovation

Jeroen van den Bergh and Paolo Zeppini

20080090: Defending against Speculative Attacks

Tijmen Daniëls, Henk Jager and Franc Klaassen

20080089: Errors in Judicial Decisions

Joep Sonnemans and Frans van Dijk

20080088: Endogenous Transport Prices and Trade Imbalances

Olaf Jonkeren, Erhan Demirel, Jos van Ommeren and Piet Rietveld

20080087: Welfare Effects of Adverse Weather through Speed Changes in Car Commuting Trips

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

20080086: Global Loss Diversification in the Insurance Sector

Oleg Sheremet and Andre Lucas

20080085: Structural Differences in Economic Growth

Nalan Baştürk, Richard Paap and Dick van Dijk

20080084: A Dynamic Analysis of the Demand for Health Insurance and Health Care

Jonneke Bolhaar, Maarten Lindeboom and Bas van der Klaauw

20080083: The Average Tree Solution for Cooperative Games with Communication Structure

P. Jean-Jacques Herings, Gerard van der Laan, Adolphus Talman and Zaifu Yang

20080082: Gift Exchange in the Workplace

Robert Dur

20080081: Acceleration of Technology Adoption withing Firms

Philipp Koellinger and Christian Schade

20080080: Reciprocity and Incentive Pay in the Workplace

Robert Dur, Arjan Non and Hein Roelfsema

20080079: How do Parents allocate Time ?

Hans Bloemen and Elena Stancanelli

20080078: I can't get no Satisfaction - Necessity Entrepreneurship and Procedural Utility

Joern Block and Philipp Koellinger

20080077: The Impact of Workplace Conditions on Firm Performance

Ioan Sebastian Buhai, Elena Cottini and Niels Westergård-Nielsen

20080076: Positive Expectations Feedback Experiments and Number Guessing Games as Models of Financial Markets

Joep Sonnemans and Jan Tuinstra

20080075: Better Safe than Sorry? Ex Ante and Ex Post Moral Hazard in Dynamic Insurance Data

Jaap Abbring, Pierre-André Chiappori and Tibor Zavadil

20080074: The Effect of Noise in a Performance Measure on Work Motivation

Randolph Sloof and Mirjam Praag

20080073: If you are so smart, why aren't you an Entrepreneur?

Joop Hartog, Mirjam Praag and Justin van der Sluis

20080072: The Degradation of Distorted Performance Measures

Randolph Sloof and Mirjam Praag

20080071: Risk and Savings: a Taxonomy

Jan Willem Gunning

20080070: Modeling Migration Dynamics of Immigrants

Govert Bijwaard

20080069: The Effect of the Great Moderation on the U.S. Business Cycle in a Time-varying Multivariate Trend-cycle Model

Drew Creal, Siem Jan Koopman and Eric Zivot

20080068: Oligopolistic Competition in Price and Quality

Andrei Dubovik and Maarten Janssen

20080067: Countries of a Feather flock together

Charles Marrewijk and Gus Garita

20080066: Optimal Sharing of Labor Productivity Risks and Mix of Pay-As-You-Go and Savings

Debora Kusmerski Bilard

20080065: Entrepreneurial Moral Hazard in Income Insurance

Mette Ejrnæs and Stefan Hochguertel

20080064: Monetary Valuation of Aircraft Noise

Jasper Dekkers and Willemijn van der Straaten

20080063: On the Nature, Modeling, and Neural Bases of Social Ties

Frans van Winden, Mirre Stallen and K. Richard Ridderinkhof

20080062: Adaptive Mixture of Student-t distributions as a Flexible Candidate Distribution for Efficient Simulation: the R Package AdMit

David Ardia, Lennart F. Hoogerheide and Herman van Dijk

20080061: The Effect of Parents' Schooling on Child's Schooling: A Nonparametric Bounds Analysis

Monique De Haan

20080060: Computation of the Nucleolus for a Class of Disjunctive Games with a Permission Structure

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

20080059: From Overt to Tacit Collusion

Jeroen Hinloopen and Adriaan Soetevent

20080058: Analysis of Spatial Disparities by a Structural Equations Model

Maria Francesca Cracolici, Miranda Cuffaro and Peter Nijkamp

20080057: Employment Assimilation of Immigrants in the Netherlands

Aslan Zorlu and Joop Hartog

20080056: Pricing, Capacity and Long-run Cost Functions for First-best and Second-best Network Problems

Erik Verhoef, Andrew Koh and Simon Shepherd

20080055: Separating Real Incentives and Accountability

Ferdinand Vieider

20080054: Complex Evolutionary Systems in Behavioral Finance

Cars Hommes and Florian Wagener

20080053: The Information Content of a Stated Choice Experiment

Jan Rouwendal, Adriana Blaeij, Piet Rietveld and Erik Verhoef

20080052: The Importance of Financial Incentives on Retirement Choices

Michele Belloni and Rob Alessie

20080051: Do Early Life and Contemporaneous Macro-conditions explain Health at Older Ages?

France Portrait, Rob Alessie and Dorly Deeg

20080050: Partial Likelihood-Based Scoring Rules for Evaluating Density Forecasts in Tails

Cees Diks, Valentyn Panchenko and Dick van Dijk

20080049: The Unique-lowest Sealed-bid Auction

Harold Houba, Dinard van der Laan and Dirk Veldhuizen

20080048: The Own and Social Effects of an Unexpected Income Shock

Peter Kuhn, Peter Kooreman, Adriaan Soetevent and Arie Kapteyn

20080047: Investment, Resolution of Risk, and the Role of Affect

Frans van Winden, Michal Krawczyk and Astrid Hopfensitz

20080046: MDL Mean Function Selection in Semiparametric Kernel Regression Models

Jan G. Gooijer and Ao Yuan

20080045: The Political Economy of Financial Systems

Stephen Haber and Enrico Perotti

20080044: Auctions under Payoff Uncertainty: The Case with Heterogeneous Bidder-Aversion to Downside Risk

Audrey Hu and Liang Zou

20080043: Urban Expansion or Clustered Deconcentration?

Wouter Vermeulen and Jan Rouwendal

20080042: Have Euro Area Government Bond Risk Premia Converged To Their Common State?

Lorenzo Pozzi and Guido Wolswijk