Richard Paap

Erasmus University Rotterdam (EUR) - Department of Econometrics

P.O. Box 1738

3000 DR Rotterdam

Netherlands

Tinbergen Institute

P.O. Box 1738

3000 DR Rotterdam

Netherlands

Erasmus Research Institute of Management (ERIM)

P.O. Box 1738

3000 DR Rotterdam

Netherlands

SCHOLARLY PAPERS

27

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CITATIONS
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138

Scholarly Papers (27)

1.

Modeling Dynamic Effects of the Marketing Mix on Market Shares

ERIM Report Series Reference No. ERS-2003-044-MKT
Number of pages: 32 Posted: 26 Aug 2006
D. Fok, Richard Paap and Philip Hans Franses
Econometric Institute - Erasmus University Rotterdam, Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam (EUR) - Department of Econometrics
Downloads 1,608 (8,264)

Abstract:

market shares, marketing mix, long-term effects, hierarchical bayes

2.

Econometric Analysis of the Market Share Attraction Model

ERIM Report Series Reference No. ERS-2001-25-MKT
Number of pages: 35 Posted: 26 Aug 2006
D. Fok, Philip Hans Franses and Richard Paap
Econometric Institute - Erasmus University Rotterdam, Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam (EUR) - Department of Econometrics
Downloads 774 (18,957)
Citation 3

Abstract:

Market share attraction model, model selection, estimation, diagnostics, forecasting

3.

Incorporating Responsiveness to Marketing Efforts When Modeling Brand Choice

ERIM Report Series Reference No. ERS-2001-47-MKT
Number of pages: 28 Posted: 21 Feb 2003
D. Fok, Philip Hans Franses and Richard Paap
Econometric Institute - Erasmus University Rotterdam, Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam (EUR) - Department of Econometrics
Downloads 326 (75,604)

Abstract:

Marketing-instrument effectiveness, structural heterogeneity, state dependence, multinomial logit, mixtures

4.

A Hierarchical Bayes Error Correction Model to Explain Dynamic Effects of Price Changes

ERIM Report Series Reference No. ERS-2005-047-MKT
Number of pages: 44 Posted: 21 Oct 2005
Econometric Institute - Erasmus University Rotterdam, Erasmus University Rotterdam (EUR) - Department of Econometrics, Radboud University Nijmegen and Erasmus University Rotterdam (EUR) - Department of Econometrics
Downloads 313 (76,146)
Citation 5

Abstract:

sales, vector autoregression, marketing mix, promotional and regular price, short and long-term effects, hierarchical bayes

5.

Modeling Potentially Time-Varying Effects of Promotions on Sales

ERIM Report Series Reference No. ERS-2001-05-MKT
Number of pages: 32 Posted: 26 Aug 2006
Erasmus University Rotterdam (EUR) - Department of Econometrics, Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam (EUR) - Department of Econometrics
Downloads 251 (96,440)

Abstract:

ales, promotions, time-varying effects, censored regression

6.

Modeling Unobserved Consideration Sets for Household Panel Data

ERIM Report Series Reference No. ERS-2000-42-MKT
Number of pages: 49 Posted: 26 Aug 2006
Carnegie Mellon University - David A. Tepper School of Business, Erasmus University Rotterdam (EUR) - Department of Econometrics, Tilburg University, CentER, Erasmus University Rotterdam (EUR) - Department of Econometrics and University of Maryland - Robert H. Smith School of Business, Marketing Department
Downloads 160 (150,597)

Abstract:

Consideration, choice, probit models

7.

A Joint Framework for Category Purchase and Consumption Behavior

Tinbergen Institute Working Paper No. 2002-124/4
Number of pages: 32 Posted: 08 Feb 2003
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam (EUR) - Department of Econometrics
Downloads 155 (157,077)

Abstract:

purchase incidence, brand choice, purchase quantity, consumption, utility maximization

8.

The Trade and FDI Effects of EMU Enlargement

CESifo Working Paper No. 2123
Number of pages: 33 Posted: 18 Oct 2007
J. Brouwer, Richard Paap and Jean-Marie Viaene
University of Amsterdam Business School, Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University
Downloads 144 (165,104)
Citation 5

Abstract:

EMU, exchange rate volatility, foreign investment, trade diversion, vertical integration

9.

An Alternative Bayesian Approach to Structural Breaks in Time Series Models

Tinbergen Institute Discussion Paper 11-023/4
Number of pages: 49 Posted: 10 Feb 2011
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam - Erasmus School of Economics - Econometric Institute
Downloads 122 (181,886)

Abstract:

Structural breaks, Bayesian analysis, forecasting, MCMC methods, nonlinear time series

10.

Structural Differences in Economic Growth

Tinbergen Institute Discussion Paper No. 2008-085/4
Number of pages: 40 Posted: 19 Sep 2008
Maastricht University - Department of Quantitative Economics, Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam - Erasmus School of Economics - Econometric Institute
Downloads 111 (198,378)
Citation 2

Abstract:

Economic growth, parameter heterogeneities, latent class models, panel time series

11.

Modeling and Estimation of Synchronization in Multistate Markov-Switching Models

Number of pages: 43 Posted: 09 Jan 2011 Last Revised: 16 Jan 2011
Cem Cakmakli, Richard Paap and Dick J. C. van Dijk
Erasmus University Rotterdam (EUR) - Department of Econometrics, Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam - Erasmus School of Economics - Econometric Institute
Downloads 100 (208,883)
Citation 2

Abstract:

imperfect synchronization, phase shifts, regime-switching models, Bayesian analysis

12.

A Dynamic Utility Maximization Model for Product Category Consumption

Tinbergen Institute Working Paper No. 2002-097/4
Number of pages: 28 Posted: 26 Nov 2002
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam (EUR) - Department of Econometrics
Downloads 98 (227,852)

Abstract:

consumption function, inventory, utility maximization, promotion anticipation

13.

The Impact of Category Prices on Store Price Image Formation: An Empirical Analysis

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), April, 200-216.,
Number of pages: 57 Posted: 31 Oct 2014 Last Revised: 24 Aug 2015
University of South Carolina - Darla Moore School of Business, Tilburg University - Center for Economic Research (CentER) and Erasmus University Rotterdam (EUR) - Department of Econometrics
Downloads 95 (111,171)

Abstract:

store price image, price perceptions, product category characteristics, Bayesian learning

14.

One Size Does Not Fit All: Selling Firms to Private Equity Versus Strategic Acquirers

Journal of Corporate Finance, Forthcoming
Number of pages: 54 Posted: 03 Jul 2012
Warwick Business School - Finance Group, Rotterdam School of Management, Erasmus University, Erasmus University Rotterdam (EUR) - Department of Econometrics and affiliation not provided to SSRN
Downloads 91 (204,882)
Citation 1

Abstract:

private equity, takeover premium, auctions

15.

Real-Time Inflation Forecasting in a Changing World

FRB of New York Staff Report No. 388
Number of pages: 59 Posted: 03 Sep 2009 Last Revised: 30 May 2012
Federal Reserve Bank of New York, Erasmus University Rotterdam (EUR) - Department of Econometrics and Free University of Bolzano
Downloads 82 (239,152)
Citation 13

Abstract:

inflation forecasting, Phillips correlations, real-time data, structural breaks, model uncertainty, Bayesian model averaging

16.

Generalized Reduced Rank Tests Using the Singular Value Decomposition

Tinbergen Institute Discussion Paper No. 2003-003/4
Number of pages: 25 Posted: 05 Feb 2003
Frank R. Kleibergen and Richard Paap
Brown University - Department of Economics and Erasmus University Rotterdam (EUR) - Department of Econometrics
Downloads 75 (244,342)
Citation 106

Abstract:

stochastic discount factor model, cointegration, GMM

17.

Measuring and Predicting Heterogeneous Recessions

Tinbergen Institute Discussion Paper No. 2011-154/4
Number of pages: 59 Posted: 03 Nov 2011
Cem Cakmakli, Richard Paap and Dick J. C. van Dijk
affiliation not provided to SSRN, Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam - Erasmus School of Economics - Econometric Institute
Downloads 46 (327,618)

Abstract:

Business cycle, phase shifts, regime-switching models, Bayesian analysis

18.

Do Experts Incorporate Statistical Model Forecasts and Should They?

Tinbergen Institute Discussion Paper 11-141/4
Number of pages: 52 Posted: 04 Oct 2011
Erasmus University Rotterdam (EUR) - Department of Econometrics, Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam (EUR) - Department of Econometrics
Downloads 30 (368,745)
Citation 1

Abstract:

model forecasts, expert forecasts, forecast adjustment, Bayesian analysis, endogeneity

19.

Estimating Loss Functions of Experts

Tinbergen Institute Discussion Paper No. 11-177/4
Number of pages: 29 Posted: 23 Dec 2011
Erasmus University Rotterdam (EUR) - Department of Econometrics, Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam (EUR) - Department of Econometrics
Downloads 26 (348,708)

Abstract:

model forecasts, expert forecasts, loss functions, asymmetry, econometric models

20.

What Do Professional Forecasters Actually Predict?

Tinbergen Institute Discussion Paper 15-095/III
Number of pages: 51 Posted: 08 Aug 2015 Last Revised: 22 Oct 2017
Erasmus University Rotterdam (EUR) - Department of Econometrics, Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam
Downloads 11 (284,241)

Abstract:

forecast evaluation, Survey of Professional Forecasters, expert forecast, trend-cycle decomposition, state space modeling, Baxter-King filter

21.

A Bayesian Infinite Hidden Markov Vector Autoregressive Model

Tinbergen Institute Discussion Paper 16-107/III
Number of pages: 49 Posted: 08 Dec 2016 Last Revised: 22 Oct 2017
Erasmus University Rotterdam (EUR) - Department of Econometrics, Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam
Downloads 0 (351,885)

Abstract:

Time-Varying Parameter Vector Autoregressive Model, Semi-parametric Bayesian Inference, Dirichlet Process Mixture Model, Hidden Markov Chain, Monetary Policy Analysis, Real-time Forecasting

22.

Trade Policy Options of Ukraine: East or West

Tinbergen Institute Discussion Paper 16-057/VI
Number of pages: 31 Posted: 28 Jul 2016
Tinbergen Institute, Erasmus University Rotterdam (EUR) - Department of Econometrics, Erasmus University and Argenta Spaarbank
Downloads 0 (407,591)

Abstract:

extensive/intensive margins, governance, gravity model, infrastructure, regional trade agreements, zero trade

23.

Bayesian Forecasting of Federal Funds Target Rate Decisions

Tinbergen Institute Discussion Paper No. 11-093/4
Posted: 15 Jul 2011
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Erasmus University Rotterdam - Erasmus School of Economics - Econometric Institute and Erasmus University Rotterdam (EUR) - Department of Econometrics

Abstract:

federal funds target rate, real-time forecasting, dynamic ordered probit, variable selection, Bayesian analysis, importance sampling

24.

A Simple Test for GARCH Against a Stochastic Volatility Model

Journal of Financial Econometrics, Vol. 6, Issue 3, pp. 291-306, 2008
Posted: 17 Jun 2008
Erasmus University Rotterdam (EUR) - Department of Econometrics, CeNDEF, University of Amsterdam and Erasmus University Rotterdam (EUR) - Department of Econometrics

Abstract:

C22, C52, GARCH, model selection, stochastic volatility

25.

Priors, Posterior Odds and Lagrange Multiplier Statistics in Bayesian Analysis of Cointegration

Erasmus University of Rotterdam, Econometric Institute, Working Paper No. A1.89 WP 9668/A
Posted: 15 Feb 1998
Frank R. Kleibergen and Richard Paap
Brown University - Department of Economics and Erasmus University Rotterdam (EUR) - Department of Econometrics

Abstract:

26.

Mean Shifts, Unit Roots and Forecasting Seasonal Time Series

A1.89 WP 9609/A
Posted: 14 Jan 1998
Richard Paap, Philip Hans Franses and H. Hoek
Erasmus University Rotterdam (EUR) - Department of Econometrics, Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)

Abstract:

Does Seasonal Adjustment Change Inference from MARKOV Switching Models?

A1.89 WP 9615/A
Posted: 06 Jan 1998
Philip Hans Franses and Richard Paap
Erasmus University Rotterdam (EUR) - Department of Econometrics and Erasmus University Rotterdam (EUR) - Department of Econometrics

Abstract: