Tiemen M. Woutersen

Selected Publications

Discounting trillions of dollars in pension obligations: a better alternative to using the expected return or risk-free rate

This paper proposes a new discount rate that pension funds can use to discount their future […]

Tiemen M. Woutersen
24 November 2022 | CWP21/22
Increasing the power of specification tests

This paper shows how to increase the power of Hausman¬ís (1978) specification test as well as […]

Tiemen M. Woutersen, Jerry Hausman
20 July 2018 | CWP46/18
Calculating confidence intervals for continuous and discontinuous functions of parameters

Applied researchers often need to estimate confidence intervals for functions of parameters, such as the effects […]

Tiemen M. Woutersen, John Ham
31 May 2013 | CWP23/13
Instrumental variable estimation with heteroskedasticity and many instruments

This paper gives a relatively simple, well behaved solution to the problem of many instruments in […]

Jerry Hausman, Whitney K. Newey, Tiemen M. Woutersen, John Chao, Norman Swanson
25 July 2012 | Journal Article

Previous version

Instrumental variable estimation with heteroskedasticity and many instruments
Jerry Hausman, Whitney K. Newey, Tiemen M. Woutersen, John Chao, Norman Swanson
1 September 2007 | CWP22/07
Instrumental variable estimation with heteroskedasticity and many instruments

It is common practice in econometrics to correct for heteroskedasticity.This paper corrects instrumental variables estimators with […]

Jerry Hausman, Whitney K. Newey, Tiemen M. Woutersen, John Chao, Norman Swanson
1 September 2007 | CWP22/07

Latest version

Instrumental variable estimation with heteroskedasticity and many instruments
Jerry Hausman, Whitney K. Newey, Tiemen M. Woutersen, John Chao, Norman Swanson
25 July 2012 | Journal Article
Estimating a semi-parametric duration model without specifyingheterogeneity

This paper presents a new estimator for the mixed proportionalhazard model that allows for a nonparametric […]

Jerry Hausman, Tiemen M. Woutersen
19 August 2005 | CWP11/05

Latest version

Estimating a semi-parametric duration model without specifying heterogeneity
Jerry Hausman, Tiemen M. Woutersen
1 January 2005 | Journal Article
Estimating a semi-parametric duration model without specifying heterogeneity

Estimation of heteroskedasticity and autocorrelation consistent covariance matrices (HACs) is a well established problem in time […]

Jerry Hausman, Tiemen M. Woutersen
1 January 2005 | Journal Article

Previous version

Estimating a semi-parametric duration model without specifyingheterogeneity
Jerry Hausman, Tiemen M. Woutersen
19 August 2005 | CWP11/05