Veni grant for FEB researchers Artūras Juodis and Ward Romeijnders
FEB researchers Artūras Juodis and Ward Romeijnders of the Faculty of Economics and Business have both been awarded a Veni grant as part of the Innovational Research Incentives Scheme run by the Netherlands Organisation for Scientific Research (NWO).
The personal Veni grants are worth up to a maximum of € 250,000 and enable talented researchers who have just completed a PhD to conduct research of their own choice.
-
Dr. Artūras Juodis: We do not live in a bubble: economic shocks in misspecified panel data models
Economics, Econometrics and Finance
Much of economic data at individual and country level is observed over time. To properly describe the co-movements of economic units over time, common shocks and trends have to be accounted for. Juodis’ project investigates the impact of common shocks in misspecified panel data models.
Juodis: ‘In my project, I want to investigate the impact of using simple linear regression-type models in setups where the relationships between the objects of interest can be non-linear. In such a case it is important to understand the meaning of the quantities one obtains from the data when all units (individuals or countries) are affected by common shocks. For example, re-evaluate the knowledge of the impact trade agreements have on trade flows, given that all countries are exposed to global economic factors. By the end of this project I want to understand better the meaning of the correlation patterns observed in data, in situations when causality can be difficult to establish and the dependence between units (individuals, firms, countries) is difficult to model precisely.’
-
Dr. Ward Romeijnders: Planning for the unknown
Operations Management & Operations Research
Many practical decisions have to be made before key information is known. To support decision making in such situations, Romeijnders will develop new algorithms for the underlying mathematical optimization problems, exploiting recently discovered properties of these problems. The new algorithms will be applied to investment decisions in electricity networks.
________________________________________________
> More news from the Faculty of Economics and Business
> FEB experts in the media
Last modified: | 29 February 2024 10.02 a.m. |
More news
-
25 April 2024
Lineke Sneller appointed as Professor of Practice of Digitalization & AI in Accounting and Auditing
The Faculty of Economics and Business (FEB) is pleased to announce that as of 1 May, professor Lineke Sneller will be appointed as Professor Practice of Digitalization & AI in Accounting and Auditing. The chair is situated within the department of...
-
25 April 2024
Jenny van Doorn and co-authors receive 2024 Weitz-Winer-O’Dell Award
Jenny van Doorn and co-authors Martin Mende, Maura L. Scott (both Florida State University), Dhruv Grewal (Babson College) and Ilana Shanks (Stony Brook University) have won the 2024 Weitz-Winer-O’Dell Award. They received the award for their paper...
-
19 April 2024
New thesis prize for master's students of Economics and Business
How can we encourage economics and business students to deal with important societal challenges in their master's thesis? The 14 Dutch faculties of economics and business, united in the Council of Deans in Economics and Business (DEB), have set up...