Tinbergen Institute Discussion Papers

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19990060: SIMBIOSES: Modelling Industrial Metabolism in a Multi-Regional Economic System

Marco A. Janssen and Jeroen van den Bergh

19990059: In Search of Ethnic Entrepreneurship Opportunities in the City - A Comparative Policy Study

Hadewijch van Delft, Cees Gorter and Peter Nijkamp

19990058: Analysis of Travellers' Satisfaction on Transport Chains

Cees Gorter, Peter Nijkamp and Rob Vork

19990056: Human Capital and Retirement

Peter Alders

19990055: Likelihood-Based Cointegration Analysis in Panels of Vector Error Correction Models

Jan Groen and Frank Kleibergen

19990054: Trade Reform and Labor Market Dynamics

Dennis P.J. Botman and Alexander Tieman

19990053: The Role and Evolution of Central Authorities

Paul Frijters and Alexander Tieman

19990051: The Credibility Problem in Unemployment Insurance Policy

Robert Dur

19990050: Why do Policy Makers stick to Inefficient Decisions?

Robert Dur

19990049: Substitution and Complementarity under Comparative Advantage and the Accumulation of Human Capital

Coen N. Teulings

19990048: Spatial Graduation of Fuel Taxes

Piet Rietveld, Frank Bruinsma and Daniel van Vuuren

19990047: Duration & Dimension

Winfried Hallerbach

19990046: Russian Reforms: the Return of the Peasant?

Dirk J. Bezemer

19990045: Post-Socialist Financial Fragility: the Case of Albania

Dirk J. Bezemer

19990044: Inefficiency and Social Exclusion in a Coalition Formation Game: Experimental Evidence

Akira Okada and Arno Riedl

19990043: When Culture does not matter: Experimental Evidence from Coalition Formation Ultimatum Games in Austria and Japan

Akira Okada and Arno Riedl

19990042: Growth Effects of Fiscal Policies - A Comparative Analysis in a Multi-Country Context

Martijn Brons, Henri de Groot and Peter Nijkamp

19990041: Do Stepping Stone Jobs exist? Early Career Paths in the Medical Profession

Gerard van den Berg, Anders Holm and Jan van Ours

19990040: A Combinatorial Assessment Methodology for Complex Policy Analysis

Francesca Medda and Peter Nijkamp

19990039: The Behavioral Impact of Emotions in a Power to take Game: An Experimental Study

Ronald Bosman and Frans van Winden

19990037: Finding a Feasible Solution for a Simple LP Problem using Agents

Arie de Bruin, Tjark Vredeveld and Albert Wagelmans

19990036: Improved Dynamic Programs for Some Batching Problems involving the Maximum Lateness Criterion

A.P.M. Wagelmans and A.E. Gerodimos

19990035: A Multi-Dimensional Comparative Assessment Methodology for Policy Analysis: A Multi-Country Study of the Agricultural Sector

Peter Nijkamp and Gabriella Vindigni

19990034: Decomposing Portfolio Value-at-Risk: A General Analysis

Winfried Hallerbach

19990033: Privatization, Political Risk and Stock Market Development in Emerging Economies

Enrico Perotti and Pieter van Oijen

19990032: Price Discovery on Foreign Exchange Markets with Differentially Informed Traders

Frank de Jong, Ronald Mahieu, Peter Schotman and Irma van Leeuwen

19990031: Energy Saving by Firms: Decision-Making, Barriers and Policies

Henri de Groot, Erik Verhoef and Peter Nijkamp

19990028: Trade in Financial Services: Procompetitive Effects and Growth Performance

Joseph Francois and Lutger Schuknecht

19990027: The Joint Estimation of Term Structures and Credit Spreads

Patrick Houweling, Jaap Hoek and Frank Kleibergen

19990024: Bayes Estimates of Markov Trends in possibly Cointegrated Series: An Application to US Consumption and Income

Richard Paap and Herman van Dijk

19990023: Value at Risk as a Diagnostic Tool for Corporates: The Airline Industry

Winfried Hallerbach and Albert Menkveld

19990022: Inflation Stabilization, Fiscal Deficits and Public Debt Management in Poland

Sweder van Wijnbergen and Nina Budina

19990021: Endogenous Financial Structure and the Transmission of ECB Policy

Ivo Arnold and Casper de Vries

19990019: Cooperation in an Overlapping Generations Experiment

Theo Offerman, Jan PottersHarry A.A. Verbon and Harry A.A. Verbon

19990018: Hurting hurts more than Helping helps: The Role of the Self-serving Bias

Theo Offerman

19990013: Distribution Approximations for Cointegration Tests with Stationary Exogenous Regressors

H. Peter Boswijk and Jurgen Doornik

19990012: A Comparison of Parametric, Semi-nonparametric, Adaptive, and Nonparametric Cointegration Tests

H. Peter Boswijk, Andre Lucas and Nick Taylor

19990011: The Duration of Unemployment in Russia

Louise Grogan and Gerard van den Berg

19990010: Separations at the Firm Level

Pieter Gautier, Gerard van den Berg, Jan van Ours and Geert Ridder

19990009: Modelling Economic High-Frequency Time Series

Stefan Lundbergh and Timo Teräsvirta

19990008: Evaluating GARCH Models

Stefan Lundbergh and Timo Teräsvirta

19990007: Evaluating Dutch Housing Market Regulation

Bas van der Klaauw and Udo Kock

19990006: The Mediating Role of Psychosocial Benefits in the Satisfaction Formation Process

Olaf Prevo, Patrick Leunisse and Henk Roest

19990005: Spurious Regression, Cointegration, and Near Cointegration: A Unifying Approach

Niels Haldrup and Michael Jansson

19990004: How important are Institutions for Growth in Transition Countries?

Luc Moers

19990003: SETS, Arbitrage Activity, and Stock Price Dynamics

Nick Taylor, Dick van Dijk, Philip Hans Franses and Andre Lucas

19990002: Changing Returns to Education in Portugal during the 1980s and Early 1990s: OLS and quantile regression estimators

Joop Hartog, Pedro T. Pereira and José Vieira

19990001: The Impact of Labour Market Deregulation: Lessons from the

Cees Gorter and Jacques Poot

19980131: New Explanatory Models for Analysing Spatial Innovation: A Comparative Investigation

Aura Reggiani, Peter Nijkamp and E. Sabella

19980130: Unreliability in Public Transport Chains

F.R. Bruinsma, Piet Rietveld and Daniel van Vuuren

19980127: The Effect of Skill Level on the Timing of Childbearing and Number of Children

Peter Alders

19980126: Growth Empirics with Institutional Measures and its Application to Transition Countries: A Survey

Luc Moers

19980122: Evolutionary Theories in Environmental and Resource Economics: Approaches and Applications

Jeroen van den Bergh and John Gowdy

19980121: Models of Individual Behavior and Implications for Environmental Policy

Jeroen van den Bergh, Ada Ferrer-i-Carbonell and Giuseppe Munda

19980120: Nomadic Firms in a Globalizing Economy: A Comparative Analysis and Policy Perspectives

Frank Bruinsma, Cees Gorter and Peter Nijkamp

19980119: A Flow Approach to Industrial Sites, Firm Dynamics and Regional Employment Growth: A Case Study to Amsterdam-North

Cees Gorter, Frank Bruinsma and Peter Nijkamp

19980118: Aggregation Bias in Elasticities of Substitution and the Minimum Wage Paradox

C. N. Teulings

19980116: Unemployment Dynamics and Age

Gerard van den Berg, A. Gijsbert, C. van Lomwel and Jan van Ours

19980115: Counter Intuitive Results in a Simple Model of Wage Negotiations

Harold Houba and Gijsbert van Lomwel

19980114: The Role of Domestic Abuse in Labor and Marriage Markets

Audra Bowlus and Shannon N. Seitz

19980113: Search Friction in the U.S. Labor Market

Audra Bowlus and Shannon N. Seitz

19980112: Discrimination and Skill Differences in an Equilibrium Search Model

Audra Bowlus and Zvi Eckstein

19980107: Abnormal Returns, Risk, and Options in Large Data Sets

Silvia Caserta, Jon Danielsson and Casper de Vries

19980105: Spatial Sustainability, Trade and Indicators

Jeroen van den Bergh and Harmen Verbruggen

19980104: A Hybrid Joint Moment Ratio Test for Financial Time Series

Patrick A. Groenendijk, Andre Lucas and Casper de Vries

19980103: Viewpoint: Weak versus Strong Sustainability

Robert U. Ayres, Jeroen van den Bergh and John Gowdy

19980098: Combining Micro and Macro Unemployment Duration Data

Gerard van den Berg and Bas van der Klaauw

19980096: Correcting for Selective Compliance in a Re-employment Bonus Experiment

Govert Bijwaard and Geert Ridder

19980095: Urban versus Rural Return to Human Capital in Portugal, A Cook-Book Recipe for Applying Assignment Models

Coen N. Teulings and José Vieira

19980094: Advances in Environmental Economics: Analysis and Modelling

Jeroen van den Bergh and Peter Nijkamp

19980093: The Contribution of Minimum Wages to Increasing Wage Inequality

Coen N. Teulings

19980092: Competition Policy in an Open Economy

Joseph Francois and Henrik Horn

19980091: The Implementation of Marginal External Cost Pricing in Road Transport

Erik Verhoef

19980090: How to make a Hill Plot

Holger Drees, Laurens F.M. de Haan and Sidney Resnick

19980089: Empirical Inference with Equilibrium Search Models of the Labor Market

Gerard van den Berg

19980086: Second-Best Congestion Pricing in General Static Transportation Networks with Elastic Demand

Erik Verhoef

19980085: Predictive Performance of the Binary Logit Model in Unbalanced Samples

Jan Cramer

19980084: Displaced Workers in the United States and the Netherlands

Jaap H. Abbring, Gerard van den Berg, Pieter Gautier, A. Gijsbert C. van Lomwel, Jan van Ours and Christopher Ruhm

19980083: Bertrand Competition under Uncertainty

Maarten C.W. Janssen and Eric Rasmusen

19980082: The Monetary Exchange Rate Model as a Long-Run Phenomenon

Jan Groen

19980081: Ethnic Entrepreneurship and Migration: A Survey from Developing Countries

Marthen L. nDoen, Cees Gorter, Peter Nijkamp and Piet Rietveld

19980079: Spatial Dimensions of Environmental Policies for Trans-Boundary Externalities - A Spatial Price Equilibrium Approach

Erik Verhoef and Peter Nijkamp

19980078: The Economic Effects of Road Pricing in the Randstad Area

Erik Verhoef and Mark Lijesen

19980076: Punitive Sanctions and the Transition Rate from Welfare to Work

Gerard van den Berg, Bas van der Klaauw and Jan van Ours

19980074: Winners and Losers in the European Monetary Union, A Neural Network Analysis of Spatial Industrial Shifts

Peter Nijkamp and Shunli Wang

19980073: Equilibrium Airfares, Frequencies and Airport Taxes in a Multiple Airport Region: An Application of the Nested Logit Demand Model

Eric Pels, Peter Nijkamp and Piet Rietveld

19980072: Diagnostic Tools for Nonlinearity in Spatial Models

Thomas Graaff, Raymond Florax, Peter Nijkamp and Aura Reggiani

19980071: Adaptive Polar Sampling: A New MC Technique for the Analysis of Ill-behaved Surfaces

Luc Bauwens, Charles Bos and Herman van Dijk

19980070: The EURO, Prudent Coherence?

Ivo Arnold and Casper de Vries

19980069: Unemployment Durations of French Young People: the Impact of Individual, Family and other Factors on the Hazard Rate

Anna D'Addio

19980067: Pricing Stock Options under Stochastic Volatility and Stochastic Interest Rates with Efficient Method of Moments Estimation

George J. Jiang and Pieter van der Sluis

19980065: Materials, Capital, Direct/Indirect Substitution and Mass Balance Production Functions

Jeroen van den Bergh

19980064: Objectivity, Control and Adaptability in Corporate Governance

Arnoud Boot and Jonathan R. Macey

19980062: The Realities of using 'Benefit Transfers' in Transport Decision-Making

Kenneth Button and Peter Nijkamp

19980059: Commercial Policy Uncertainty, the Expected Cost of Protection, and Market Access

Joseph Francois and Will Martin

19980058: Trade, Technology, and Wages: General Equilibrium Mechanics

Joseph Francois and Douglas Nelson

19980057: Short Patches of Outliers, ARCH and Volatility Modeling

Philip Hans Franses, Dick van Dijk and Andre Lucas

19980055: Structural Stability Tests with Unknown Breakpoint for the Efficient Method of Moments with Application to Stochastic Volatility Models

Pieter van der Sluis

19980053: Investment Financing in Russian Financial-Industrial Groups

Enrico Perotti and Stanislav Gelfer

19980050: Ecological-Economic Analysis of Wetlands

R.K. Turner, Jeroen van den Bergh, A. Barendregt and E. Maltby