Discussion Papers

13-034/IV - The Political Economy of Finance

Author: Enrico Perotti, University of Amsterdam

Date: February 25, 2013

13-033/VIII - Over- and Under-Bidding in Tendering

Author: Vincent van den Berg, VU University Amsterdam

Date: February 22, 2013

13-032/IV - Proprietary Trading and the Real Economy

Author: Stefan Arping, University of Amsterdam

Date: March 04, 2013

13-031/VIII - On Revenue Recycling and the Welfare Effects of Second-Best Congestion Pricing in a Monocentric City

Authors: Ioannis Tikoudis, VU University Amsterdam; Erik T. Verhoef, VU University Amsterdam; Jos N. van Ommeren, VU University Amsterdam

Date: February 21, 2013

13-030/I - The Non-Equivalence of Labor Market Taxes: A Real-Effort Experiment

Authors: Matthias Weber, CREED, University of Amsterdam; Arthur Schram, CREED, University of Amsterdam

Date: February 19, 2013

13-029/III - What do Experts know about Forecasting Journal Quality? A Comparison with ISI Research Impact in Finance

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

Date: February 18, 2013

13-028/VIII - Equilibrium at a Bottleneck when Long-Run and Short-Run Scheduling Preferences diverge

Authors: Stefanie Peer, VU University Amsterdam; Erik T. Verhoef, VU University Amsterdam

Date: February 14, 2013

13-027/VII - Gaming in Combinatorial Clock Auctions

Authors: Maarten Janssen, University of Vienna; Vladimir Karamychev, Erasmus University Rotterdam

Date: February 11, 2013

13-026/IV - Efficiency Gains of a European Banking Union

Authors: Dirk Schoenmaker, Duisenberg School of Finance; Arjen Siegmann, VU University Amsterdam

Date: February 11, 2013

13-025/III - A Fractionally Integrated Wishart Stochastic Volatility Model

Authors: Manabu Asai, Soka University, Japan, and University of Pennsylvania; Michael McAleer, Erasmus School of Economics, Kyoto University, Japan, and Complutense University of Madrid, Spain

Date: January 31, 2013

13-024/III - Modelling the Effects of Oil Prices on Global Fertilizer Prices and Volatility

Authors: Ping-Yu Chen, National Chung Hsing University, Taiwan; Chia-Lin Chang, National Chung Hsing University, Taiwan; Chi-Chung Chen, National Chung Hsing University, Taiwan; Michael McAleer, Erasmus University Rotterdam, Kyoto University, Japan, and Complutense University of Madrid, Spain

Date: January 25, 2013

13-023/II - The Average Tree Permission Value for Games with a Permission Tree

Authors: Rene van den Brink, VU University Amsterdam; Jean-Jacques Herings, Maastricht University; Gerard van der Laan, VU University Amsterdam; Dolf Talman, Tilburg University

Date: January 24, 2012

13-022/III - Financial Dependence Analysis: Applications of Vine Copulae

Authors: David E. Allen, Edith Cowan University, Australia; Mohammad A. Ashraf, Indian Institute of Technology, Kharagpur, India; Michael McAleer, Erasmus University Rotterdam, the Netherlands, Complutense University of Madrid, Spain, and Kyoto University, Japan; Robert J. Powell, Edith Cowan University, Australia; Abhay K. Singh, Edith Cowan University, Australia

Date: January 22, 2013

13-021/III - Recent Developments in Financial Economics and Econometrics: An Overview

Authors: Chia-Lin Chang, National Chung Hsing University, Taiwan; David Allen, Edith Cowan University, Australia; Michael McAleer, Erasmus University Rotterdam, Complutense University of Madrid, Spain; Kyoto University, Japan

Date: January 21, 2013

13-020/III - Return-Volatility Relationship: Insights from Linear and Non-Linear Quantile Regression

Authors: David E. Allen, Edith Cowan University, Australia; Abhay K. Singh, Edith Cowan University, Australia; Robert J. Powell, Edith Cowan University, Australia; Michael McAleer, Erasmus University Rotterdam, Complutense University of Madrid, Spain, and Kyoto University, Japan; James Taylor, University of Oxford, Oxford; Lyn Thomas, University of Southampton, Southampton

Date: January 18, 2013

13-019/VIII - Regulation of Road Accident Externalities when Insurance Companies have Market Power

Authors: Maria Dementyeva, VU University Amsterdam; Paul R. Koster, VU University Amsterdam; Erik T. Verhoef, VU University Amsterdam

Date: January 18, 2013

13-018/III - A Non-Parametric and Entropy Based Analysis of the Relationship between the VIX and S&P 500

Authors: David E. Allen, Edith Cowan University; Michael McAleer, Erasmus University Rotterdam, Complutense University of Madrid, Spain, and Kyoto University, Japan; Robert Powell, Edith Cowan University; Abhay K. Singh, Edith Cowan University

Date: January 17, 2013

13-017/V - Can Risk Adjustment prevent Risk Selection in a Competitive Long-Term Care Insurance Market?

Authors: Piet Bakx, Erasmus University Rotterdam; Erik Schut, Erasmus University Rotterdam; Eddy van Doorslaer, Erasmus University Rotterdam