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Institution

Tinbergen Institute

EducationRotterdam, Netherlands
About: Tinbergen Institute is a education organization based out in Rotterdam, Netherlands. It is known for research contribution in the topics: Volatility (finance) & Competition (economics). The organization has 565 authors who have published 3157 publications receiving 82800 citations.


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TL;DR: The authors explored the hypothesis that wage differentials between skill groups across countries are consistent with a demand and supply framework, and found that about one third of the variation in relative wages among skill groups between countries across countries is explained by differences in net supply of skill groups.
Abstract: This paper explores the hypothesis that wage differentials between skill groups across countries are consistent with a demand and supply framework. Using micro data from 15 countries, we find that about one third of the variation in relative wages between skill groups across countries is explained by differences in net supply of skill groups. The demand and supply framework does an even better job at explaining relative wages of low skilled workers.

119 citations

Journal ArticleDOI
TL;DR: In this paper, the authors develop a general spatial equilibrium model of a monocentric city, in which pollution in the industrial center leads to a spatially differentiated deterioration of the environmental quality in the residential area, and the existence of the city is explained by agglomeration economies, represented as simple Marshallian external benefits in production.

118 citations

Journal ArticleDOI
Andre Lucas1
TL;DR: In this article, the authors considered unit root tests based on M estimators and developed an asymptotic theory for these tests, which is shown how the distributions of the tests depend on nuisance parameters and how tests can be constructed that are invariant to these parameters.
Abstract: This paper considers unit root tests based on M estimators. The asymptotic theory for these tests is developed. It is shown how the asymptotic distributions of the tests depend on nuisance parameters and how tests can be constructed that are invariant to these parameters. It is also shown that a particular linear combination of a unit root test based on the ordinary least-squares (OLS) estimator and on an M estimator converges to a normal random variate. The interpretation of this result is discussed. A simulation experiment is described, illustrating the level and power of different unit root tests for several sample sizes and data generating processes. The tests based on M estimators turn out to be more powerful than the OLS-based tests if the innovations are fat-tailed.

118 citations

Journal ArticleDOI
TL;DR: In this paper, a time series panel data framework is proposed for estimating and forecasting time-varying corporate default rates subject to observed and unobserved risk factors. But the model does not capture different omitted effects at different times.

118 citations

Journal ArticleDOI
TL;DR: The authors found that despite the substantial budgetary outlay, this reform had only a modest impact on employment and that the rather small effects are likely confounded by a coincident increase in the EITC for parents with young children of 0.6 billion euro.

118 citations


Authors

Showing all 592 results

NameH-indexPapersCitations
Richard S.J. Tol11669548587
Clive W. J. Granger109357121605
Peter Nijkamp97240750826
Eddy van Doorslaer7022924800
Piet Rietveld6530514717
Jan C. van Ours6541214096
Rommert Dekker6438118359
Siem Jan Koopman6336817276
Paul De Grauwe6248714878
Michael McAleer6278817268
Reinout Heijungs6025018026
Arie Kapteyn5831411544
Jeroen C.J.M. van den Bergh5829812398
Gerard J. van den Berg5833012094
Titus Galama5717614561
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Performance
Metrics
No. of papers from the Institution in previous years
YearPapers
202313
202225
2021122
2020127
2019142
2018134