Tinbergen Institute Discussion Papers

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20190011: Unravelling Hidden Inequities in a Universal Public Long-Term Care System

Pilar Garcia-Gomez, Helena M Hernandez-Pizarro, Guillem Lopez-Casasnovas and Joaquim Vidiella-Martin

20190010: Financial Protection Against Medical Expense

Owen O'Donnell

20190009: Cartel stability in experimental first-price sealed-bid and English auctions

Jeroen Hinloopen, Sander Onderstal and Leonard Treuren

20190008: The economics of participatory value evaluation

Thijs Dekker, Paul Koster and Niek Mouter

20190007: Tradable permits to manage urban mobility: market design and experimental implementation

Devi Brands, Erik Verhoef, Jasper Knockaert and Paul Koster

20190006: Priority Roads: the Political Economy of Africa's Interior-to-Coast Roads

Roberto Bonfatti, Yuan Gu and Steven Poelhekke

20190005: Autonomous, Connected, Electric Shared vehicles (ACES) and public finance: an explorative analysis

Martin Adler, Stefanie Peer and Tanja Sinozic

20190004: Zero-Inflated Autoregressive Conditional Duration Model for Discrete Trade Durations with Excessive Zeros

Francisco Blasques, Vladimir Holy and Petra Tomanova

20190003: To join or not to join? The impact of social interactions on local participation decisions

Rixt Bijker, Eveline van Leeuwen and Paul Koster

20190002: Banking Panics and the Lender of Last Resort in a Monetary Economy

Makoto Watanabe and Tarishi Matsuoka

20190001: KEEPING IN TOUCH WITH CITIZENS ONLINE: SOCIAL MEDIA USAGE IN DUTCH LOCAL GOVERNMENT

Bram Faber, Tjerk Budding and Raymond Gradus

20180101: Incentives, Performance and Choking in Darts

Bouke Klein Teeselink, Rogier J. D. Potter van Loon, Martijn (M.J.) van den Assem and Dennie van Dolder

20180100: Do information contagion and business model similarities explain bank credit risk commonalities?

Dieter Wang, Iman Lelyveld and Julia Schaumburg

20180099: Estimation Risk and Shrinkage in Vast-Dimensional Fundamental Factor Models

Andries C. van Vlodrop and Andre (A.) Lucas

20180098: Equal long-term care for equal needs with universal and comprehensive coverage? An assessment using Dutch administrative data

Marianne Tenand, Pieter Bakx and Eddy Van Doorslaer

20180097: Beyond Okun's Law: Output Growth and Labor Market Flows

Guay Lim, Robert Dixon and Jan (J.C.) van Ours

20180096: What Option Prices tell us about the ECB's Unconventional Monetary Policies

Stan Olijslagers, Annelie Petersen, Nander de Vette and Sweder van Wijnbergen

20180095: Fixed Costs Matter

Jurjen Kamphorst, Ewa (E.) Mendys-Kamphorst and Bastian (B.) Westbrock

20180094: Non-Competitive Wage-Setting as a Cause of Unfriendly and Inefficient Leadership

Robert Dur, Ola Kvaløy and Anja Schöttner

20180093: Conservation auctions, collusion and the endowment effect

Justin Dijk and Erik Ansink

20180092: Experience Does not Eliminate Bubbles: Experimental Evidence

Anita Kopányi-Peuker and Matthias Weber

20180091: Need to Know? On Information Systems in Firms

Suzanne Bijkerk, Josse Delfgaauw, Vladimir Karamychev and Otto (O.H.) Swank

20180090: Insuring product markets

Jeroen (J.) Hinloopen and Lting Zhou

20180089: The Shapley Value, Proper Shapley Value, and Sharing Rules for Cooperative Ventures

Rene (J.R.) van den Brink, René Levínský and Miroslav Zeleny

20180088: A Time-Varying Parameter Model for Local Explosions

Francisco Blasques, Siem Jan Koopman and Marc Nientker

20180087: Measuring tastes for equity and aggregate wealth behind the veil of ignorance

Jan (J.P.M.) Heufer, Jason Shachat and Yan Xu

20180086: Biology and the gender gap in educational performance - The role of prenatal testosterone in test scores

Anne Gielen and Esmee Zwiers

20180085: Likelihood based inference for an Identifiable Fractional Vector Error Correction Model

Federico Carlini and Katarzyna Łasak

20180084: EUREGIO: The construction of a global IO DATABASE with regional detail for Europe for 2000-2010

Mark Thissen, Maureen Lankhuizen, Frank Oort, Bart Los and Dario Diodato

20180083: Common pool resources: Is there support for conservationists?

Erik Ansink and Hans-Peter Weikard

20180082: How outcome uncertainty, loss aversion and team quality affect stadium attendance in Dutch professional football

Lucas M. Besters, Jan (J.C.) van Ours and Martin A. van Tuijl

20180081: Chinese postman games with repeated players

Arantza (M.A.) Estevez-Fernandez and Herbert Hamers

20180080: Unsuccessful subjective well-being assimilation among immigrants: The role of faltering perceptions of the host society

Martijn Hendriks and Martijn Burger

20180079: Reflection for higher order risk preferences

Han (H.) Bleichrodt and Paul van Bruggen

20180078: The Joy of Lottery Play: Evidence from a Field Experiment

Martijn Burger, Martijn Hendriks, Emma Pleeging and Jan (J.C.) van Ours

20180077: Airfares with codeshares: (why) are consumers willing to pay more for products of foreign firms with a domestic partner?

Gerben de Jong, Christiaan Behrens, Hester van Herk and Erik (E.T.) Verhoef

20180076: Forecast Density Combinations of Dynamic Models and Data Driven Portfolio Strategies

Nalan Baştürk, Agnieszka Borowska, Stefano Grassi, Lennart (L.F.) Hoogerheide and Herman van Dijk

20180075: Income Inequality and Stock Market Returns

Agnieszka Markiewicz and Rafal Raciborski

20180074: Subjective Well-being and Peaceful Uprisings

Caroline T. Witte, Martijn Burger and Elena Ianchovichina

20180073: Good mine, bad mine: Natural resource heterogeneity and Dutch disease in Indonesia

Paul Pelzl and Steven Poelhekke

20180072: Yes, I'll do it: a large-scale experiment on the volunteer's dilemma

Anita Kopányi-Peuker

20180071: Valuation Monotonicity, Fairness and Stability in Assignment Problems

Rene (J.R.) van den Brink, Marina Núñez and Francisco Robles

20180070: Markets Assessing Decision Makers and Decision Makers Impressing Markets: a Lab Experiment

Sander Renes and Bauke Visser

20180069: The Evolution of Forecast Density Combinations in Economics

Knut Are Aastveit, James Mitchell, Francesco Ravazzolo and Herman van Dijk

20180068: Committees as Active Audiences: Reputation Concerns and Information Acquisition

Otto (O.H.) Swank and Bauke Visser

20180067: Persuasion, justification and the communication of social impact

Manuel Foerster and Joel (J.J.) van der Weele

20180066: Every crisis has a silver lining? Unravelling the pro-cyclical pattern of health inequalities by income

Max Coveney, Pilar Garcia-Gomez, Eddy Van Doorslaer and Tom Van Ourti

20180065: Semiparametric Identification in Panel Data Discrete Response Models

Eleni Aristodemou

20180064: Optimal Income Taxation in Unionized Labor Markets

Albert Jan Hummel and Bas Jacobs

20180063: Learning to Average Predictively over Good and Bad: Comment on: Using Stacking to Average Bayesian Predictive Distributions

Lennart (L.F.) Hoogerheide and Herman van Dijk

20180062: Two Worlds Apart? Export Demand Shocks and Domestic Sales

Aksel Erbahar

20180061: Earthquake risk embedded in property prices: Evidence from five Japanese cities

Masako Ikefuji, Roger Laeven, Jan Magnus and Yuan Yue

20180060: Better off at home? Effects of a nursing home admission on costs, hospitalizations and survival

Pieter Bakx, Bram Wouterse, Eddy Van Doorslaer and Albert Wong

20180059: Demography and Provisions for Retirement: The Pension Composition, an Equilibrium Approach

Bernard van Praag and J. Peter Hop

20180058: Measuring Biases in Expectation Formation

Florian Peters and Simas Kucinskas

20180057: Cyclical and Stuctural Variation in Resource Reallocation: Evidence for Europe

Eric Bartelsman, Paloma Lopez-Garcia and Giorgio Presidente

20180056: Autonomous Algorithmic Collusion: Q-Learning Under Sequantial Pricing

Timo Klein

20180055: Mobile Phones and Mozambique Farmers: Less Asymmetric Information and More Trader Competition?

Wouter Zant

20180054: Carpooling with heterogeneous users in the bottleneck model

Xiaojuan Yu, Vincent van den Berg and Erik Verhoef

20180053: Pension Fund Restoration Policy In General Equilibrium

Pim Kastelein and Ward E. Romp

20180052: Latent Volatility Granger Causality and Spillovers in Renewable Energy and Crude Oil ETFs

Chia-Lin Chang, Michael McAleer and Yu-Ann Wang

20180051: Why did Warrant Markets Close in China but not Taiwan?

Wing-Keung Wong, Hooi Hooi Lean, Michael McAleer and Feng-Tse Tsai

20180050: Health effects of caring for and about parents and spouses

Judith Bom, Pieter Bakx, Erik Schut and Eddy Van Doorslaer

20180049: The kids are alright - labour market effects of unexpected parental hospitalisations in the Netherlands

Sara Rellstab, Pieter Bakx, Pilar Garcia-Gomez and Eddy Van Doorslaer

20180048: Simple Market Timing with Moving Averages

Jukka Ilomäki, Hannu Laurila and Michael McAleer

20180047: Asymmetric Risk Impacts of Chinese Tourists to Taiwan

Chia-Lin Chang, Shu-Han Hsu and Michael McAleer

20180046: Consumption and wealth in the long run: an integrated unobserved component approach

Malin Gardberg and Lorenzo (L.C.G.) Pozzi

20180045: Strong consistency of the least squares estimator in regression models with adaptive learning

Norbert Christopeit and Michael Massmann

20180044: Promises Undone: How Committed Pledges Impact Donations to Charity

Toke Fosgaard and Adriaan Soetevent

20180043: On Esteem-Based Incentives

Ali Mazyaki and Joel (J.J.) van der Weele

20180042: The Effects of Student Feedback to teachers: Evidence from a Field Experiment

Margaretha Buurman, Josse Delfgaauw, Robert Dur and Robin Zoutenbier

20180041: Showing Off or Laying Low? The Economics of Psych-outs

Philipp Denter, John Morgan and Dana Sisak

20180040: Does price competition damage healthcare quality?

Anne-Fleur Roos, Eddy Van Doorslaer, Owen O'Donnell, Erik Schut and Marco Varkevisser

20180039: Economics in the Anthropocene: Species Extinction or Steady State Economics

Joeri Sol

20180038: Unsecured and Secured Funding

Mario di Filippo, Angelo Ranaldo and Jan Wrampelmeyer

20180037: Accounting Noise and the Pricing of Cocos

Mike Derksen, Peter Spreij and Sweder van Wijnbergen

20180036: Labor Market Quotas

Suzanne Bijkerk, Silvia Dominguez-Martinez, Jurjen Kamphorst and Otto Swank

20180035: Graded Return-to-Work as a Stepping Stone to Full Work Resumption

Lieke Kools and Pierre Koning

20180034: Socially Useless Jobs

Robert Dur and Max van Lent

20180033: The option value of vacant land and the optimal timing of city extensions

Rutger-Jan Lange and Coen Teulings

20180032: Real interest rates, exchange rates and the ZLB: on Secular Stagnation

Sweder van Wijnbergen

20180031: Risk Spillovers in Returns for Chinese and International Tourists to Taiwan

Chia-Lin Chang, Shu-Han Hsu and Michael McAleer

20180030: DSGE Models with Observation-Driven Time-Varying parameters

Giovanni Angelini and Paolo Gorgi

20180029: Living Apart Together: The Economic Value of Ethnic Diversity in Cities

Jessie Bakens, Raymond Florax, Henri de Groot and Peter Mulder

20180028: Establishing National Carbon Emission Prices for China

Chia-Lin Chang, Te-Ke Mai and Michael McAleer

20180027: Unobserved Components with Stochastic Volatility in U.S. Inflation: Estimation and Signal Extraction

Mengheng Li and Siem Jan Koopman

20180026: Forecasting economic time series using score-driven dynamic models with mixed-data sampling

Paolo Gorgi, Siem Jan Koopman and Mengheng Li

20180025: Forecasting with Bayesian Vector Autoregressions with Time Variation in the Mean

Marta Banbura and Andries van Vlodrop

20180024: Decision Sciences, Economics, Finance, Business, Computing, and Big Data: Connections

Chia-Lin Chang, Michael McAleer and Wing-Keung Wong

20180023: Earnings responses to disability benefit cuts

Silvia Garcia Mandico, Pilar Garcia-Gomez, Anne Gielen and Owen O'Donnell

20180022: Gentrification through the sale of rental housing? Evidence from Amsterdam

Jan Rouwendal, Adriaan Keus and Jasper Dekkers

20180021: Shaking Up the Firm Survival: Evidence from Yogyakarta (Indonesia)

Aloysius Brata, Henri de Groot and Wouter Zant

20180020: Fake News and Indifference to Truth: Dissecting Tweets and State of the Union Addresses by Presidents Obama and Trump

David Allen, Michael McAleer and David M. Reid

20180019: Denial and Alarmism in Collective Action Problems

Manuel Foerster and Joel (J.J.) van der Weele

20180018: Naive Learning in Social Networks with Random Communication

Bernd (B.) Heidergott, Jia-Ping Huang and Ines (I.) Lindner

20180016: Bank Capital Regulation in a Zero Interest Environment

Robin Döttling

20180015: Intergenerational Spillovers in Disability Insurance

Gordon Dahl and Anne Gielen

20180014: Pros and Cons of the Impact Factor in a Rapidly Changing Digital World

Michael McAleer, Judit Olah and Jozsef Popp

20180013: Missing Observations in Observation-Driven Time Series Models

Francisco Blasques, Paolo Gorgi and Siem Jan Koopman

20180012: Intertemporal Choice and Income Regularity: Non-Fungibility in a Lab-in-the-Field Experiment

Berber Kramer and David Kunst