Discussion Papers

13-066/V - The Impact of Scoring Weights on Price and Quality Outcomes: An Application to the Procurement of Welfare-to-Work Contracts

Authors: Pierre Koning, VU University Amsterdam, and IZA; Arthur van de Meerendonk, Graduate School of Governance, Maastricht University

Date: May 14, 2013

13-065/VII - Using Preferred Outcome Distributions to estimate Value and Probability Weighting Functions in Decisions under Risk

Authors: Bas Donkers, Erasmus University Rotterdam; Carlos J.S. Lourenco, Erasmus University Rotterdam; Benedict G.C. Dellaert, Erasmus University Rotterdam; Daniel G. Goldstein, Microsoft Research

Date: May 08, 2013

13-064/VI - Optimal Fiscal Policy

Authors: Jasper Lukkezen, Utrecht University, and CPB; Coen Teulings, University of Amsterdam, and CPB

Date: May 06, 2013

13-063/IV - Measuring Credit Risk in a Large Banking System: Econometric Modeling and Empirics

Authors: Andre Lucas, VU University Amsterdam; Bernd Schwaab, European Central Bank, Financial Markets Research; Xin Zhang, VU University Amsterdam, and Sveriges Riksbank, Research Division

Date: May 13, 2013

13-062/III - Solution-Driven Specification of DSGE Models

Author: Francisco Blasques, VU University Amsterdam

Date: April 19, 2013

13-061/III - Comparing the Accuracy of Copula-Based Multivariate Density Forecasts in Selected Regions of Support

Authors: Cees Diks, University of Amsterdam, the Netherlands; Valentyn Panchenko, University of New South Wales, Australia; Oleg Sokolinskiy,, Rutgers Business School, United States; Dick van Dijk, Erasmus University Rotterdam, the Netherlands

Date: April 19, 2013

13-060/III - Censored Posterior and Predictive Likelihood in Left-Tail Prediction for Accurate Value at Risk Estimation

Authors: Lukasz Gatarek, Econometric Institute, Erasmus School of Economics, Erasmus University Rotterdam; Lennart Hoogerheide, VU University Amsterdam; Koen Hooning, Delft University of Technology; Herman K. van Dijk, Econometric Institute, Erasmus University Rotterdam, and VU University Amsterdam

Date: April 15, 2013

13-059/VIII - Residential Parking Permits and Parking Supply

Authors: Jos van Ommeren, VU University Amsterdam; Jesper de Groote, VU University Amsterdam; Giuliano Mingardo, Erasmus University Rotterdam

Date: April 12, 2013

13-058/IV - Quantifying Productivity Gains from Foreign Investment

Authors: Christian Fons-Rosen, Universitat Pompeu Fabra; Sebnem Kalemli-Ozcan, University of Maryland; Bent E. Sorensen, University of Houston; Carolina Villegas-Sanchez, Universitat Ramon Llull; Vadym Volosovych, Erasmus University Rotterdam

Date: April 11, 2013

13-057/III - Analyzing Fixed-Event Forecast Revisions

Authors: Chia-Lin Chang, National Chung Hsing University, Taichung, Taiwan; Bert de Bruijn, Erasmus University Rotterdam; Philip Hans Franses, Erasmus University Rotterdam; Michael McAleer, Erasmus University Rotterdam

Date: April 11, 2013

13-056/VIII - The User Costs of Air Travel Delay Variability

Authors: Paul Koster, VU University Amsterdam; Eric Pels, VU University Amsterdam; Erik Verhoef, VU University Amsterdam, the Netherlands

Date: April 09, 2013

13-055/III - Parallel Sequential Monte Carlo for Efficient Density Combination: The Deco Matlab Toolbox

Authors: Roberto Casarin, University Ca' Foscari of Venice and GRETA; Stefano Grassi, CREATES, Aarhus University; Francesco Ravazzolo, Norges Bank, and BI Norwegian Business School; Herman K. van Dijk, Erasmus University Rotterdam, and VU University Amsterdam

Date: April 09, 2013

13-054/III - On the Phase Dependence in Time-Varying Correlations Between Time-Series

Author: Francisco Blasques, VU University Amsterdam

Date: April 04, 2013

13-053/II - Saving Private Pareto

Authors: Harold Houba, VU University Amsterdam; Roland Iwan Luttens, Amsterdam University College; Hans-Peter Weikard, Wageningen University

Date: April 04, 2013

13-052/VI - Long Term Government Debt, Financial Fragility and Sovereign Default Risk

Authors: Christiaan van der Kwaak, University of Amsterdam; Sweder van Wijnbergen, University of Amsterdam

Date: April 02, 2013

13-051/II - Asymmetric Nash Solutions in the River Sharing Problem

Authors: Harold Houba, VU University Amsterdam; Gerard van der Laan, VU University Amsterdam; Yuyu Zeng, VU University Amsterdam

Date: April 02, 2013

13-049/III - Are Forecast Updates Progressive?

Authors: Chia-Lin Chang, National Chung Hsing University Taichung; Philip Hans Franses, Erasmus University Rotterdam; Michael McAleer, Erasmus University Rotterdam, Complutense University of Madrid, Kyoto University

Date: March 25, 2013

13-048/III - Ten Things you should know about DCC

Authors: Massimiliano Caporin, University of Padova; Michael McAleer, Erasmus University Rotterdam, University of Madrid, Kyoto University

Date: March 21, 2013

13-047/III - GARCH Models for Daily Stock Returns: Impact of Estimation Frequency on Value-at-Risk and Expected Shortfall Forecasts

Authors: David Ardia, Universite Laval, Quebec, Canada; Lennart Hoogerheide, VU University Amsterdam