Discussion Papers

11-176/2 - Conditional Probabilities and Contagion Measures for Euro Area Sovereign Default Risk

Authors: Xin Zhang, VU University Amsterdam; Bernd Schwaab, European Central Bank; Andre Lucas, VU University Amsterdam

Date: December 13, 2011

11-175/2 - Long Memory Dynamics for Multivariate Dependence under Heavy Tails

Authors: Pawel Janus, VU University Amsterdam; Siem Jan Koopman, VU University Amsterdam; André Lucas, VU University Amsterdam

Date: December 12, 2011

11-174/1 - Discrimination in the Labor Market: The Curse of Competition between Workers

Authors: Thomas de Haan, University of Amsterdam; Theo Offerman, University of Amsterdam; Randolph Sloof

Date: December 11, 2011

11-173/3 - The Labor Market in the Great Recession: An Update

Authors: Michael W.L. Elsby, University of Edinburgh; Bart Hobijn, VU University Amsterdam, Federal Reserve Bank of San Francisco; Aysegul Sahin, Federal Reserve Bank of New York; Robert G. Valletta, Federal Reserve Bank of San Francisco

Date: December 08, 2011

11-172/4 - Combining Predictive Densities using Nonlinear Filtering with Applications to US Economics Data

Authors: Monica Billio, University of Venice; Roberto Casarin, University of Venice; Francesco Ravazzolo, Norges Bank; Herman K. van Dijk, Erasmus University Rotterdam, VU University Amsterdam

Date: December 01, 2011

11-171/3 - Halal Certification for Financial Products: A Transaction Cost Perspective

Authors: Raphie Hayat, VU University Amsterdam; Frank A.G. den Butter, VU University Amsterdam; Udo Kock, IMF, Washington

Date: November 29, 2011

11-170/1 - Output Commitment through Product Bundling: Experimental Evidence

Authors: Jeroen Hinloopen, University of Amsterdam; Wieland Mueller, Vienna University; Hans-Theo Normann, Heinrich-Heine University

Date: November 28, 2011

11-169/3 - Financial Protection of Patients through Compensation of Providers: The Impact of Health Equity Funds in Cambodia

Authors: Gabriela Flores, Institute of Health Economics and Management, University of Lausanne, Switzerland, and Institute of Health Policy and Management, Erasmus University Rotterdam; Por Ir, Institute of Tropical Medicine, Antwerp, Belgium, Siem Reap Provincial Health Dept., Ministry of Health, Cambodia; Chean R. Men, Centre for Advanced Studies, Phnom Penh, Cambodia; Owen O'Donnell, Erasmus University Rotterdam, the Netherlands, University of Macedonia, Greece; Eddy van Doorslaer, Institute of Health Policy & Management, Erasmus University Rotterdam

Date: November 28, 2011

11-168/1 - Working for a Good Cause

Authors: Robert Dur, Erasmus University Rotterdam, CESifo, IZA; Robin Zoutenbier, Erasmus University Rotterdam

Date: November 25, 2011

11-167/3 - Vignette Equivalence and Response Consistency; The Case of Job Satisfaction

Authors: Ada Ferrer-i-Carbonell, Institut d'Analisi Economica, Barcelona; Bernard M.S. Van Praag, University of Amsterdam; Ioannis Theodossiou, University of Aberdeen

Date: November 11, 2011

11-166/1 - Antitrust Enforcement and Marginal Deterrence

Authors: Harold Houba, VU University Amsterdam; Evgenia Motchenkova, VU University Amsterdam; Quan Wen, Vanderbilt University

Date: November 22, 2011

11-165/3 - It's the Opportunity Cost, stupid! How Self-Employment responds to Financial Incentives of Return, Risk and Skew

Authors: Peter Berkhout, RIGO; Joop Hartog, University of Amsterdam; Mirjam van Praag, University of Amsterdam

Date: November 11, 2011

11-164/1 - Two Values for Transferable Utility Games with Coalition and Graph Structure

Authors: Rene van den Brink, VU University Amsterdam; Gerard van der Laan, VU University Amsterdam; Nigel Moes, VU University Amsterdam

Date: November 16, 2011

11-163/3 - Labor Market Dynamics and Technology Adoption: Theory and Empirical Evidence

Authors: Stilianos Alexiadis, Ministry of Rural Development & Foods; Konstantinos Eleftheriou, University of Piraeus; Peter Nijkamp, VU University Amsterdam

Date: November 16, 2011

11-162/3 - The Institutional Economics of Stakeholder Consultation; Reducing Implementations Costs through 'Matching Zones'

Authors: Frank A.G. den Butter, VU University Amsterdam; Sjoerd ten Wolde, VU University Amsterdam

Date: November 15, 2011

11-161/3 - From Expert Judgment to Model based Monetary Analysis: The Case of the Dutch Central Bank in the Postwar Period

Authors: Frank A.G. den Butter, VU University Amsterdam; Harro B.J.B. Maas, Utrecht University

Date: November 15, 2011

11-160/3 - A Rising Natural Rate of Unemployment: Transitory or Permanent?

Authors: Mary Daly, Federal Reserve Bank; Bart Hobijn, Federal Reserve Bank, and VU University Amsterdam; Aysegul Sahin, Federal Reserve Bank; Robert Valletta, Federal Reserve Bank

Date: November 10, 2011

11-159/3 - Unemployment Dynamics in the OECD

Authors: Michael W.L. Elsby, University of Edinburgh, and NBER; Bart Hobijn, FRB San Francisco, and VU University Amsterdam; Aysegul Sahin, FRB New York

Date: November 08, 2011

11-158/3 - Aggregate Real Wages: Macro Fluctuations and Micro Drivers

Authors: Mary C. Daly, Federal Reserve Bank of San Francisco; Bart Hobijn, Federal Reserve Bank of San Francisco, and VU University Amsterdam; Theodore S. Wiles, The Analysis Group