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 […]
Increasing the power of specification tests
This paper shows how to increase the power of Hausmans (1978) specification test as well as […]
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 […]
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 […]
Latest version
Estimating a semi-parametric duration model without specifyingheterogeneity
This paper presents a new estimator for the mixed proportionalhazard model that allows for a nonparametric […]