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Home | People | Richard Paap
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Richard Paap

Research Fellow

University
Erasmus University Rotterdam
Research field
Econometrics
Interests
Applied Econometrics, Econometrics

Key publications

List of publications

Wang, W., Zhang, X and Paap, R. (2019). To pool or not to pool: What is a good strategy for parameter estimation and forecasting in panel regressions? Journal of Applied Econometrics, 34(5):724--745.

Nibbering, D., Paap, R. and van der Wel, M. (2018). What do professional forecasters actually predict? International Journal of Forecasting, 34(2):288--311.

Bel, K., Fok, D. and Paap, R. (2017). Parameter Estimation in Multivariate Logit Models with Many Binary Choices (forthcoming) Econometric Reviews, 37(5):534--550.

Franses, P.H.B.F., Legerstee, R. and Paap, R. (2017). Estimating loss functions of experts Applied Economics, 49(4):386--396.

Bel, K. and Paap, R. (2016). Modeling the Impact of Forecast-based Regime Switches on US Inflation International Journal of Forecasting, 32(4):1306--1316.

da Lourenço, C.J.S., Gijsbrechts, E. and Paap, R. (2015). The Impact of Category Prices on Store Price Image Formation: An Empirical Analysis Journal of Marketing Research, 52(2):200--216.

Cakmakli, C., Paap, R. and van Dijk, D.J.C. (2013). Measuring and predicting heterogeneous recessions Journal of Economic Dynamics and Control, 37:2195--2216.

Groen, J.J.J., Paap, R. and Ravazzolo, F. (2013). Real-time Inflation Forecasting in a Changing World Journal of Business and Economic Statistics, 31(1):29--44.

Paap, R. and Franses, P.H.B.F. (2013). Common Large Innovations Across Nonlinear Time Series Studies in Nonlinear Dynamics and Econometrics, 17(3):251--263.

van den Hauwe, S., Paap, R. and van Dijk, D.J.C. (2013). Bayesian forecasting of federal funds target rate decisions Journal of Macroeconomics, 37:19--40.

Basturk, N., Paap, R. and van Dijk, D.J.C. (2012). Structural differences in economic growth: An endogenous clustering approach Applied Economics, 44(1):119--134.

Fidrmuc, J., Paap, R., Roosenboom, P.G.J. and Teunissen, T. (2012). One size does not fit all: Selling firms to private equity versus strategic acquirers Journal of Corporate Finance, 18(4):828--848.

Fok, D., Paap, R. and van Dijk, A. (2012). A Rank-Ordered Logit Model with Unobserved Heterogeneity in Ranking Capabilities Journal of Applied Econometrics, 27(5):831--846.

Geweke, J.F., Koop, G. and Paap, R. (2012). Editorial Introduction for the Annals Issue of the Journal of Econometrics on Bayesian Models, Methods and Applications Journal of Econometrics, 171(2):99--100.

van Dijk, A., Franses, P.H.B.F., Paap, R. and van Dijk, D.J.C. (2011). Modeling Regional House Prices Applied Economics, 43(17):2097--2110.

van Nierop, J.E.M., Bronnenberg, B., Paap, R., Franses, P.H.B.F. and Wedel, M. (2010). Retrieving Unobserved Consideration Sets from Household Panel Data Journal of Marketing Research, 47(1):63--74.

Chintagunta, P., Franses, P.H.B.F. and Paap, R. (2009). Introduction to the Special Issue on New Econometric Models in Marketing Journal of Applied Econometrics, 24(3):375--376.

Fok, D. and Paap, R. (2009). Modeling category-level purchase timing with brand-level marketing variables Journal of Applied Econometrics, 24(3):469--489.

Paap, R., Segers, R. and van Dijk, D.J.C. (2009). Do leading indicators lead peaks more than troughs? Journal of Business and Economic Statistics, 27(4):528--543.

Brouwer, J., Paap, R. and Viaene, J.M.A. (2008). The trade and FDI effects of EMU enlargement Journal of International Money and Finance, 27(2):188--208.

Franses, P.H.B.F., van der Leij, M.J. and Paap, R. (2008). A Simple Test for GARCH Against a Stochastic Volatility Model Journal of Financial Econometrics, 6(3):291--306.

van Dijk, B. and Paap, R. (2008). Explaining individual response using aggregated data Journal of Econometrics, 146(1):1--9.

Fok, D., Franses, P.H.B.F. and Paap, R. (2007). Seasonality and non-linear price effects in scanner-data based market-response models Journal of Econometrics, 138(1):231--251.

Paap, R. (2007). Contemporary Bayesian Econometrics and Statistics by John Geweke International Journal of Forecasting, 23:531--531.

Kleibergen, F. and Paap, R. (2006). Generalized reduced rank tests using the singular value decomposition. Journal of Econometrics, 133(1):97--126.

Bijwaard, G.E., Franses, P.H.B.F. and Paap, R. (2006). Modeling purchases as repeated events Journal of Business and Economic Statistics, 24(4):487--502.

Donkers, B., Paap, R., Jonker, J.J. and Franses, P.H.B.F. (2006). Deriving Target Selection Rules from Endogenously Selected Samples Journal of Applied Econometrics, 21(5):549--562.

Fok, D., Horvath, Cs., Paap, R. and Franses, P.H.B.F. (2006). A hierarchical Bayes error correction model to explain dynamic effects of price changes Journal of Marketing Research, 43(3):443--461.

Paap, R., van Nierop, E., van Heerde, H.J., Wedel, M., Franses, P.H.B.F. and Alsem, K.J. (2005). Consideration sets, intentions and the inclusion of 'don't know' in a two-stage model for voter choice International Journal of Forecasting, 21(1):53--71.

Paap, R., Franses, P.H.B.F. and van Dijk, D.J.C. (2005). Does Africa grow slower than Asia, Latin America and the Middle East? Evidence from a new data-based classification method Journal of Development Economics, 77(2):553--570.

Franses, P.H.B.F., Paap, R. and Vroomen, B.L.K. (2004). Forecasting unemployment using an autoregression with censored latent effects parameters International Journal of Forecasting, 20(2):255--271.

Paap, R. and van Dijk, H.K. (2003). Bayes estimates of Markov trends in possibly cointegrated series: an application to U.S. consumption and income Journal of Business and Economic Statistics, 21(4):547--563.

Franses, P.H.B.F. and Paap, R. (2002). Censored latent effects autoregression, with an application to us unemployment Journal of Applied Econometrics, 17:347--366.

Franses, P.H.B.F., van der Leij, M.J. and Paap, R. (2002). Modelling and forecasting level shifts in absolute returns Journal of Applied Econometrics, 17(5):606--616.

Kleibergen, F.R. and Paap, R. (2002). Priors, posteriors and bayes factors for a Bayesian analysis of cointegration Journal of Econometrics, 111(2):223--249.

van Dijk, D.J.C., Franses, P.H.B.F. and Paap, R. (2002). A nonlinear long memory model, with an application to US unemployment Journal of Econometrics, 110(2):135--165.

Paap, R. and Franses, P.H.B.F. (2000). A dynamic multinomial probit model for brand choice with different long-run and short-run effects of marketing-mix variables Journal of Applied Econometrics, 15(6):717--744.

Franses, P.H.B.F. and Paap, R. (1999). Does seasonal adjustment influence the dating if business cycle turning points? Journal of Macroeconomics, 21:79--92.

Franses, P.H.B.F. and Paap, R. (1999). Does seasonality influence the dating of business cycle turning points? Journal of Macroeconomics, 21:79--92.

Franses, P.H.B.F. and Paap, R. (1999). On trends and constants in periodic autoregressions Econometric Reviews, 18:271--286.

Paap, R. and van Dijk, H.K. (1998). Distribution and mobility of wealth of nations European Economic Review, 42:1269--1293.

Franses, P.H.B.F., Hoek, H. and Paap, R. (1997). Bayesian analysis of seasonal unit roots and seasonal mean shifts Journal of Econometrics, 78:359--380.

Paap, R., Franses, P.H.B.F. and Hoek, H. (1997). Mean shifts, unit roots and forecasting seasonal time series International Journal of Forecasting, 13:355--378.

Franses, P.H.B.F. and Paap, R. (1995). Seasonality and stochastic trends in German consumption and income Empirical Economics, 20:109--132.

Franses, P.H.B.F. and Paap, R. (1994). Model selection in periodic autoregressions Oxford Bulletin of Economics and Statistics, 56:421--439.