Date: January 4, 2012

Office Address: Oude Boteringestraat 44, 9712 CL Groningen, The Netherlands

Phone: Office: +31-50-3635290

E-mail: e.sterken@rug.nl

 

Education

1984-1990 University of Groningen, PhD in Economics, January 1990

1978-1983 University of Groningen, Master in Econometrics, cum laude, August 1983

Positions

2011-present: Rector Magnificus, University of Groningen

2008-2011: Dean Faculty of Economics and Business, University of Groningen

1996-present: Professor of Monetary Economics, University of Groningen.

1994-1999: Director of the Dutch Network of Business Economics.

1992-1994: Associate Professor, Faculty of Economics, University of Groningen.

1986-1992: Assistant Professor, Faculty of Economics, University of Groningen.

Visiting positions

Fudan University, 2009.

Osaka University, 2005.

CESifo, Munich, 2003.

Kobe University, 2001.

Emory University, 2000.

Yale University, 1991.

Dutch Central Planning Bureau, The Hague, 1988-1989.

Teaching

Macroeconomic Theory, Monetary Theory and Policy, Financial Intermediation

Affiliations

CESifo, Munich.

Euro Area Business Cycle Network.

Koninklijke Vereniging voor de Staathuishoudkunde.

Netwerk Algemene en Kwantitatieve Economie.

 

Referee

American Economic Review, Corporate Governance: An International Review, De Economist, Economica, European Journal of Finance, European Journal of Political Economy, Journal of Economic Surveys, Journal of Macroeconomics, Journal of Management Mathematics, Journal of Money, Credit, and Banking, Journal of Sports Sciences, Medicine & Science in Sports & Exercise, Scandinavian Journal of Economics .

 

Editor

Corporate Governance: An International Review;

Journal of Sports Science and Engineering,

Journal of Sports Technology.

Publications

 

Journal articles

									
The trade credit channel revisited: evidence from micro data of Japanese small firms, 2012, 
Small Business Economics: An Entrepreneurship Journal, forthcoming (with Kazuo Ogawa and Ichiro Tokutsu).
								

Determinants of participation and success at the earlier Modern Olympic Games, 2011, Journal of Olympic History, 19, 3, 20-29 (with Gerard Kuper).

Bank-specific daily interest rate adjustment in the Dutch mortgage market, 2011, Journal of Financial Services Research, 39, 145-159 (with Leo de Haan).

Corporate control rights and the long-run equity premium, 2009, Journal of International Financial Markets, Institutions and Money, 19, 63-76 (with Roelof Salomons).

									
Do skin suits increase average skating speed?, 2008, Journal of Sports Technology, 1, 189-195 (with Gerard Kuper). 
								

 Corporate governance and international location decisions of multinational firms, 2007,Corporate Governance: An International Review, 15 (6), 1330-1347 (with Lammertjan Dam and Bert Scholtens)

 

Attitude towards risk, uncertainty, and fixed investment, 2007, North American Journal of Economics and Finance, 18, 59-75 (with Hong Bo).

 

Why do Japanese Firms Prefer Multiple Bank Relations? Some evidence from firm-level data, Economic Systems, 31, 49-70 (with Kazuo Ogawa and Ichiro Tokutsu).

 

Growth Impact of Major Sporting Events, 2006, European Sport Management Quarterly, 6, 4, 375-389.

 

Competition in the Dutch Mortgage Market, 2006, De Economist, 154, 4, 587-600.

 

The Impact of Monetary Policy on The Financing Behaviour of Firms in The Euro Area and The UK, 2006, European Journal of Finance, 12, 401-420 (with Leo de Haan).

 

A Threshold Uncertainty Investment Model for The Netherlands, 2006, Applied Financial Economics, 16, 665-673 (with Hong Bo and Jan Jacobs).

 

A Stochastic Fronitier Approach To Running Performance, 2005, IMA Journal of Management Mathematics, 16, 141-149.

 

Uncertainty and Growth of the Firm,2005, Small Business Economics, 26, 381-391 (with Robert Lensink and Paul van Steen).

 

Demand for Money and Shortages in Ethiopia, 2004, Applied Economics Letters, 11, 759-769.

 

Investor Protections and Concentrated Ownership: Assessing Corporate Control Mechanisms in The Netherlands, 2004, German Economic Review, 5, Issue 2, 119-138 (with Bob Chirinko, Hans van Ees, and Harry Garretsen).

 

Growth, Financial Development, Societal Norms, and Legal Institutions, 2004, Journal of International Financial Markets, Institutions, and Money, 14, 165-183 (with Harry Garretsen and Robert Lensink).

 

Investment, financing constraints, and uncertainty, 2003, European Finance Review, 7, 297-321 (with Hong Bo and Robert Lensink).

 

From the cradle to the grave: How fast can we run?, 2003, Journal of Sports Sciences, 21, 479-491.

 

Participation and performance at the Olympic Summer Games, 2003 , Economy and Sports , 3, 9-20 (with Gerard Kuper).

 

Endurance in speed skating: development of world records, 2003, European Journal of Operational Research, 148, 2, 65-73 (with Gerard Kuper).

 

Board composition and firm performance in The Netherlands, 2003, Eastern Economic Journal, 29, 1, 41-58 (with Hans van Ees and Theo Postma).

 

The option to wait to invest and credit rationing: A note on the Stiglitz-Weiss model, 2002, Journal of Money, Credit, and Banking, 34, 221-225 (with Robert Lensink).

 

Volatility of the interest rate, debt, and firm investment: Dutch evidence, 2002, Journal of Corporate Finance, 8, 179-193 (with Hong Bo).

 

Dutch inventory investment: Are capital market imperfections relevant? , 2002, Applied Economics, 34, 15-22 (with Hong Bo, Gerard Kuper, and Robert Lensink).

 

Monetary transmission and bank competition in EMU, 2002, Journal of Banking and Finance, 26, 2065-2075 (with Robert Lensink).

 

Asymmetric Information, Option to Wait to Invest and the Optimal Level of

Investment, 2001, Journal of Public Economics, 79, 365-374 (with Robert Lensink).

 

Capital market imperfections, uncertainty and corporate investment in the Czech Republic, 2000, Economics of Planning, 33, 53-70 (with Robert Lensink).

 

Does uncertainty affect economic growth? An empirical analysis, 1999, Weltwirtschaftliches Archiv,135, 379-396(with Hong Bo and Robert Lensink).

 

Some evidence on the relevance of bank behaviour for the lending channel in the Netherlands, 1999, De Economist, 147,19-37 (with Hans van Ees and Harry Garretsen).

 

Parameterisation of model-consistent expectations in monetary policy models, 1999, Applied Financial Economics, 9, 193-200 (with Victoria Hoogenveen)

 

A test of Dutch long-run export supply behaviour, 1998, Applied Economics, 30, 383-389 (with Steven Brakman)

 

Investment, finance and the business cycle: evidence from the Dutch manufacturing sector, 1997, Cambridge Journal of Economics, 21, 395-407 (with Hans van Ees and Gerard Kuper).

 

On profits and investment, 1996, Metroeconomica, 46, 18-33 (with Hans van Ees and Gerard Kuper).

 

Shortages, interest rates and money demand in Poland, 1969-1993, 1996, International Journal of Social Economics, 10-11, 329-359 (with Erwin Nijsse).

 

GUESS: A simulation package, 1995, Kwantitatieve Methoden, 41, 72-81 (with Jan P.A.M. Jacobs).

 

On the scope for Dutch monetary policy, 1995, Banca Nazionale del Lavoro Quarterly Review, 193, 173-187 (with Simon K. Kuipers).

 

The IBS-CCSO model of the Netherlands: Specification, estimation and analysis,

1995, Economic Modelling, 12, 111-163 (with Jan P.A.M. Jacobs).

 

A generalisation of the Stolper-Samuelson and Kemp-Wegge theorems,

1993, Proceedings of the Georgian Academy of Sciences, 1, 50-53 (with Gerard Sierksma and Albert E. Steenge).

 

The financial transactions motive in the Dutch money demand function, 1992, Kredit und Kapital, 25, 386-405.

 

Integrated real-financial modelling: a macroeconometric application for the Dutch economy, 1991, Economic Modelling, 8, 130-174.

 

CESAM, The CCSO annual model of the Dutch economy, 1990, Economic Modelling,7, 1-45 (with Simon K. Kuipers, Ben W.A. Jongbloed and Gerard H. Kuper).

 

A model of real and financial household behaviour, 1988, De Economist, 136, 317-338.

 

Estimation of the demand for electricity, 1987, Applied Economics, 19, 69-82 (with G. Jan van Helden and Peter S.H. Leeflang).

 

The structure matrix of (0,1)-matrices; Its rank, trace and eigenvalues. An application to econometric models, 1986, Linear Algebra and Its Applications, 83, 151-166 (with Gerard Sierksma).

 

Generalization of M(x)-Matrices; Application to Mathematical Economics and Econometrics, 1984, Economics Letters, 16, 321-326 (with Arjen E. Ronner).

 

Chapters in books

 

Economic Impact of Organizing Large Sporting Events, 2012 in: W. Maennig and A. Zimbalist, The International Handbook on the Economics of Mega Sporting Events, Edward Elgar, forthcoming.

 

Multiple Bank Relationships and the Main Bank System: Evidence from a Matched Sample of Japanese Small Firms and Main Banks, 2009, in G. Calciagnini and E. Salari (eds.), The Economics of Imperfect Markets, Springer Physica-Verlag, 73-90 (with Kazuo Ogawa and Ichiro Tokutsu).

 

Modelling the Development of World Records, 2007, in: Statistical Thinking in Sports, edited by J. Albert and R.H. Koning, CRC Press, 7-34 (with Gerard H. Kuper).

 

The role of the IFO Business Climate Indicator and asset prices in German monetary policy, 2004, in: Ifo Survey Data in Business Cycle and Monetary Policy Analysis , edited by J-E. Sturm and T. Wollmershäuser, Springer Verlag, 173-202.

 

Macro models as workhorses, 2003, in: Economic Assessment of Election Programs: Does it Make Sense?, edited by A.P. Ros and J. Graafland, Kluwer Academic Publishers, Dordrecht, 45-60 (with Jan P.A.M. Jacobs and G.H. Kuper).

 

Money and trust, 2001, in: Coordination and Growth; Essays in Honour of Simon Kuipers, edited by Gerard H. Kuper, Elmer Sterken and Els Wester, Kluwer Academic Publishers, Dordrecht, 147-161 (with Hans van Ees).

 

Introduction, 2001, in : Coordination and Growth; Essays in Honour of Simon Kuipers, edited by Gerard H. Kuper, Elmer Sterken and Els Wester, Kluwer Academic Publishers, Dordrecht, 1-13 (with Gerard H. Kuper and Els Wester).

 

Investment and debt constraints: evidence from Dutch panel data, 1998, in: Macroeconomics and Market Imperfections, eds:Steven Brakman, Hans van Ees and Simon K. Kuipers, MacMillan, 159-179 (with Leo de Haan, Hans van Ees, and Harry Garretsen).

 

Modeling the dynamics of net wages, 1995, in: Methods and applications of economic dynamics,eds.Lambert Schoonbeek,Elmer Sterken and Simon K. Kuipers, North-Holland, Amsterdam, 243-272 (with Lambert Schoonbeek).

 

The structure of macroeconomic models, 1989, in: IFAC Symposium on Dynamic Modelling and Control of National Economies, Edited by IFAC, 629-634(with Martijn Houtman).

 

Books authored

 

Monetary Policy Rules. From Fisher to Svensson, Taylor, and Woodford , 2005, Financial and Monetary Studies, 24, NIBE-SVV, Amsterdam (with Yvonne Adema).

 

Investment, Capital Market Imperfections, and Uncertainty. Theory and Empirical Results , 2001, Edward Elgar (with Robert Lensink and Hong Bo).

 

DUFIS, An econometric model of the Dutch financial system , 1990, NIBE, Amsterdam (PhD-thesis).

 

The IBS-CCSO quarterly econometric model of the Dutch economy , 1990, Institutional Brokerage Services NV, Amsterdam, 1990 (with Jan P.A.M. Jacobs, Ben W.A. Jongbloed and N. Siep Kroonenberg).

 

 

Books edited

 

Coordination and Growth; Essays in Honour of Simon Kuipers, 2001, Kluwer Academic Publishers, Dordrecht (with Gerard H. Kuper and Els Wester).

 

Methods and Applications of Economic Dynamics , 1995, North-Holland, Amsterdam,(with Lambert Schoonbeek and Simon K. Kuipers).

 

Publications in Dutch

Articles

De economische toekomst van Nederland: Inleiding, 2011, in: De Economische Toekomst van Nederland, Preadviezen van de Koninklijke Vereniging voor de Staathuishoudkunde 2011, Sdu uitgevers, 7-11 ( met Harry Garretsen en Richard Jong-A-Pin).

 

Wie er gaan winnen in Vancouver, 2010, Economisch-Statistische Berichten, 95, 54-55,(with Gerard Kuper).

 

Wie er gaan winnen in Vancouver, 2010, Economisch-Statistische Berichten, 95, 54-55,(with Gerard Kuper).

 

De Winnaars van Beijing, 2008, Economisch-Statistische Berichten, 93,458-459, (with Gerard H. Kuper).

 

Snelle pakken, 2006, IJS, 1, 2, 20-22 (with Gerard H. Kuper).

 

Wie gaan er winnen in Turijn?, 2006, Economisch-Statistische Berichten, 91,41-42, (with Gerard H. Kuper).

 

De ultieme wereldrecords, 2005, Runner’s World, februari, 42-43 (with Gerard Kuper).

 

Nobelprijs voor dynamische macro-economie, 2004, Economisch-Statistische Berichten, 89,486-487 (with Ben J. Heijdra).

 

Wie gaan er winnen in Athene?, 2004, Economisch-Statistische Berichten, 89, 375-377 (with Gerard H. Kuper).

 

Nobelprijs voor tijdreeksanalyse, 2003, Economisch-Statistische Berichten, 88, 494-495 (with Jan Jacobs and Gerard H. Kuper).

 

De economische gevolgen van de oorlog in Irak, 2003, Economisch-Statistische Berichten, 88, 162 (with Jan Jacobs).

 

Wie gaan er winnen in Salt Lake City?, 2002, Economisch-Statistische Berichten, 87, 110-111 (with Gerard H. Kuper).

 

De veteranenkorting van Methusalem, 2002, Runner’s World, november, 47.

 

Handel en Wandel, 2001, Tijdschrift voor Politieke Economie, 22, 141-144.

 

Trends in de Nederlandse Macro-economische Ontwikkeling 1970-2000, 2001, Maandblad voor Accountancy en Bedrijfseconomie, 75, 198-207.

 

Financiële Structuur en Economische Groei, 2001, Financiële en Monetaire Studies, Wolters-Noordhoff (with Robert Lensink and Lambert J.R. Scholtens).

 

Baanbrekende analyse marktimperfecties, 2001, Economisch-Statistische Berichten, 86, 804-806 (with Robert Lensink and Ben J. Heijdra).

 

Een visie op de economie van de toekomst, 2000, Holland Management Review, 17, 24-35 (with Steven Brakman and Peter S.H. Leeflang).

 

Wat is Uw risico-aversie?, 2000, Personal Finance, 3, 1, 76.

 

Een expertlijst van tijdschriften in de bedrijfswetenschappen, 2000, Maandblad voor Accountancy en Bedrijfseconomie, 74, 73-85 (with Peter S.H. Leeflang).

 

Groeien zonder Grenzen, 2000, Personal Finance, 3, 2, 61.

 

De empirie van investeren onder onzekerheid, 2000, Maandschrift Economie, 64, 207-225 (with Hong Bo).

 

Is de Inflatie dood?, 2000, Personal Finance, 2, 3, 41.

 

Verdwijnt het geld als ruilmiddel?, 2000, Economisch-Statistische Berichten, 85, 132.

 

Het belang van overheidsschuld, 2000, Economisch-Statistische Berichten, 85, 241-242 (with Lambert J.R. Scholtens).

 

Te weinig informatie, teveel investeringen, 2000, Economisch-Statistische Berichten, 85, 739.

 

Certificering en vermogensstructuur, 2000, Maandblad voor Accountancy en Bedrijfseconomie, 74, 500-508 (with Willem van der Scheer).

 

Corporate governance: empirisch onderzoek voor Nederland en implicaties voor beleid, 1999, Maandblad voor Accountancy en Bedrijfseconomie, 73, 496-498 (with Niels L.M. Hermes and Theo J.B.M. Postma).

 

Het wonder van Amerika, 1999, Personal Finance, 2, 3, 77.

 

Ingenieurs of theoretici?, 1999, Economisch Statistische Berichten, 84, D28 (with Teus van Walderveen).

 

Marketing: art or science?, 1999,Economisch Statistische Berichten, 84, D22

 

De spanning van het onbekende, 1999, Personal Finance, 2, 4, 77.

 

Andere knikkers, zelfde spel, 1999, Personal Finance, 2, 5, 25.

 

Oosterse mystiek, 1999, Personal Finance, 2, 6, 49.

 

Corruptie!, 1999, Personal Finance, 2, 1, 77.

 

Zonnige rentetijden, 1999, Personal Finance, 2, 2, 29.

 

Bedrijven in een recessie, 1998, Economisch Statistische Berichten, 83, 403.

 

De invloed van banken, 1998, Economisch Statistische Berichten, 83, 235 (with Jan Kakes).

 

Ontslagen en topsalarissen, 1998, Economisch Statistische Berichten, 83, 78.

 

Wat gaat de rente doen?, 1998, INFinance, 1, 55, 15.

 

De Euro vraagt om inflatie, 1998, Personal Finance, 1, 2, 19.

 

Kenmerken van topmanagementteams en Raden van Commissarissen in relatie tot ‘performance’, 1998, Bedrijfskunde,70. 15-21 (with Theo J.B.M. Postma, Hans van Ees and Harry Garretsen).

 

Azië laat ons peentjes zweten, 1998, Personal Finance, 1, 3, 35.

 

Economen en het goede boek, 1998, Economisch Statistische Berichten, 83, 957-959 (with Steven Brakman).

 

Angst voor de dip, 1998, Personal Finance, 1, 4, 61.

 

Investeren en kredietbeperking, 1997, Maandblad voor Accountancy en Bedrijfseconomie, 71, 557-567 (with Hans van Ees, Harry Garretsen and Leo de Haan).

 

Investeren onder onzekerheid, 1997, Economisch Statistische Berichten, 82, 927.

 

De Nederlandse economie in 1997 en 1998, 1997, Maandblad voor Accountancy en Bedrijfseconomie, 72, 250-258.

 

Een maandelijks patroon in aandelenrendementen, een reactie, 1996, Maandblad voor Accountancy en Bedrijfseconomie, 70, 538-541 (with Peter Leeflang).

 

Synchronisatie van beslissingen, 1996, Maandblad voor Accountancy en Bedrijfseconomie, 70, 379-390.

 

Onderzoek in accounting en accountancy, 1996, Maandblad voor Accountancy en Bedrijfseconomie, 70, 692-693.

 

De collegegeldgevoeligheid van deelname aan het WO, 1995,

Economisch Statistische Berichten , 80, 454-456.

 

Synchronisatie, 1995, Economenblad, 17, 9/10, 1-2.

 

Miljoenennota 1996: geen echte beleidskeuze, 1995, Economisch Statistische Berichten, 80, 839-844.

 

Nobelprijswinnaar 1995: Robert E. Lucas, 1995,

Economisch Statistische Berichten ,80, 934-936 (with Harry Garretsen).

 

Lagere overheidsschuld, minder economische activiteit, 1995, Economisch Statistische Berichten, 80, 1048-1051 (with Jan P.A.M. Jacobs, Gerard H. Kuper and Simon K. Kuipers).

 

De ontwikkeling van de Nederlandse economie in 1992-1994, 1993, Maandschrift Economie, 57, 4-16 (with Ben W.A. Jongbloed and Gerard H. Kuper).

 

Het Nederlands-Duitse rente-écart, 1993, Bank- en Effectenbedrijf, 42, 28-29 (with Jakob de Haan).

 

De termijnkoers als voorspeller van de toekomstige contante wisselkoers, 1993, VBA-Journaal, 9, 18-22 (with Paulus Dijkstra and Jakob de Haan).

 

De twee zijden van één Europese munt,1993, Economisch Statistische Berichten,78, 616-619 (with Nanne Brunia).

 

Reële evenwichtsmodellen van de conjunctuur, 1991, Economisch Statistische Berichten, 76, 724-727.

 

Het SIER-spel, een hulpmiddel bij het macro-economisch onderwijs; een reactie, 1991, Tijdschrift voor Economisch Onderwijs, 10, 223-224.

 

CESAM-voorspellingen voor 1990-1994, 1990, Economisch Statistische Berichten, 75, 320-323 (with Ben W.A. Jongbloed,Simon K. Kuipers andGerard H. Kuper).

 

Books

 

De economische toekomst van Nederland, Preadviezen van de Koninklijke Vereniging voor de Staathuishoudkunde 2011, Sdu Uitgevers (met Harry Garretsen en Richard Jong-A-Pin).

Jaarboek 2010/2011, Koninklijke Vereniging voor de Staathuishoudkunde, Sdu-uitgevers, Den Haag (with Paul de Bijl, Arnoud Boot, Pieter Gautier and Hans Schenk).

Jaarboek 2009/2010, Koninklijke Vereniging voor de Staathuishoudkunde, Sdu-uitgevers, Den Haag (with George Gelauff, Arnoud Boot, Maarten Lindeboom and Hans Schenk).

Moeten bankiers weer met de poten in de modder?, Eburon, 2010, (with Ewald Oude Steenhof and Willy Wildenborg).

 

Synchronisatie , 1995, Inaugurele Rede, Rijksuniversiteit Groningen, 1-17.

 

Evenwicht, conjunctuur en groei. Moderne macro-economische theorievorming , 1994, Lemma, Utrecht (with Simon K. Kuipers, Hans van Ees, Harry Garretsen, Gerard H. Kuper and Els Wester)

 

CESAM, Het CCSO jaarmodel van de Nederlandse economie, 1988, Wolters-Noordhoff, Groningen (with Simon K. Kuipers, Ben W.A. Jongbloed and Gerard H. Kuper).

 

Book contributions

 

Nummerleeftijd en supersterren in de Top 2000, 2011, in: De Muziek Zegt Alles: De Top 2000 onder Professoren, L.J. Veen, 141-154.

 

Macro-economische baten WK-voetbal verwaarloosbaar, 2011, in: Jaarboek 2010/2011, Koninklijke Vereniging voor de Staathuishoudkunde, Sdu-uitgevers, Den Haag (eds. Paul de Bijl, Arnoud Boot, Pieter Gautier en Hans Schenk), 199-202.

 

 

Investeringen en vermogensstructuur, 2002, De rol van vermogen in de economie, Preadviezen voor de Koninklijke Vereniging voor de Staathuishoudkunde 2002, eds: Rob J.M. Alessie, Peter J.A van Els en Lex H. Hoogduin, 87-125 (with Harry Garretsen).

 

Informele relaties en corporate governance in Nederland, 1999, Over economie en bedrijf, Liber Amicorum voor Prof.dr J.L. Bouma, eds: Dick W. Feenstra, G. Jan van Helden en Frans M. Tempelaar, Delwel, Den Haag, 209-226 (with Ton G.M. Steerneman).

 

Over investeringen en winsten, 1993, Met Jan Pen in debat, eds.: Brakman, S., H. Garretsen en S.K. Kuipers, Amsterdam University Press, Amsterdam, 69-85 (with Hans van Ees and Gerard H. Kuper).

 

De economische ontwikkeling in 1992 en 1993, 1992,

Jaarboek Overheidsuitgaven 1993 ,eds.: Groot, H. de and C.A. de Kam, Academic Service, Schoonhoven, 1-18 (with Gerard H. Kuper).

De onderhandse kapitaalmarkt in econometrische modellen, 1991,

De onderhandse kapitaalmarkt in Nederland , NIBE, Amsterdam, 53-66.

 

Het Nederlandse monetaire beleid in de jaren tachtig: een portefeuille-benadering, 1990, De mogelijkheden voor het monetaire beleid na de liberalisatie, NIBE, Amsterdam, 77-109 (with Simon K. Kuipers).

 

De gevolgen van financiële innovatie en internationalisatie voor het monetaire beleid , 1989, Hoofdstuk 4, NIBE, Amsterdam, 75-89.

 

External reports

 

Financial Distress and Industry Structure: An inter-industry approach to the "Lost Decade" in Japan, October 2010, Research Institute of Economy, Trade and Industry, Discussion Paper 10-E-048, with Kazuo Ogawa and Ichiro Tokutsu.

Redistributional View of Trade Credit Revisited: Evidence from micro data of Japanese small firms, June 2009, Research Institute of Economy, Trade and Industry, Discussion Paper 9-E-029, with Kazuo Ogawa and Ichiro Tokutsu.

Multiple bank relationships and the main bank system: evidence from a matched sample of Japanese small firms and banks , April 2007, Research Institute of Economy, Trade and Industry, Discussion Paper 07-E-027, with Kazuo Ogawa and Ichiro Tokutsu.

Price Leadership in the Dutch Mortgage Market, 2006, DNB Working Paper, 102 (with Leo de Haan).

 

Asymmetric Price Adjustment in the Dutch Mortgage Market, 2005, DNB Working Paper, 61 (with Leo de Haan).

 

Full Prepayment of Mortgages: The Case of WU, 2005, ING-Bank (with Jan P.A.M. Jacobs and Ruud H. Koning)

 

Asset Price Shocks, Real Expenditures, and Financial Structure: A Multi-Country Analysis, 2004, DNB Working Paper, 14 (with Robert S. Chirinko and Leo de Haan).

 

The role of the IFO Business Climate Indicator and asset prices in German monetary policy, 2004, CESifo working paper, 1204, Munich.

 

Insurability of export credit risks, 2003, SOM Research Report 03F07 (with Karel Jan Alsem, Julie Antufjew, Eelko Huizing, Ruud Koning and Marieke Woltil).

 

Investor protections and concentrated ownership: assessing corporate control mechanisms in the Netherlands, 2003, CESifo working paper, 864, Munich (with Bob Chirinko, Hans van Ees, and Harry Garretsen).

 

What are the determinants of the number of bank relations of Japanese firms?, 2002,Kobe University Graduate School of Business Discussion Paper 2002.4, Kobe (with Ichiro Tokutsu).

 

Corporate Governance, relationship lending and monetary policy: firm level evidence for the euro area, 2002, De Nederlandsche Bank, Research Memorandum WO 708, Amsterdam (with Leo de Haan).

 

Vermogensstructuur, Corporate Governance en Monetair Beleid: een analyse met individuele bedrijfsgegevens voor het euro gebied, 2000, DNB-Onderzoeksmemorandum, 637, De Nederlandsche Bank, Amsterdam (with Leo de Haan).

 

De markt voor kredietverlening aan kleine en middelgrote ondernemingen , 1999, Onderzoek uitgevoerd op verzoek van het Ministerie van Economische Zaken, Bureau Bartels B.V., Amersfoort, April 1999.