prof.dr.

(Marno) MJCM Verbeek

Profile

Marno Verbeek is a Professor of Finance at  Rotterdam School of Management, Erasmus University (RSM). He was Dean of Research of RSM and Academic Director of the Erasmus Research Institute of Management (ERIM) from 1 July 2011 until 15 July 2017. 

His recent research is largely in the area of empirical finance with a particular focus on mutual funds, hedge funds, asset pricing, investment strategies, survival bias and performance evaluation.

He is the author of the textbook A Guide to Modern Econometrics (5th ed, 2017), and has published articles in international scholarly journals including the Journal of Financial and Quantitative Analysis, Management Science, the Review of Finance, the Journal of Banking and Finance, the Journal of Empirical Finance, Financial Management, the Journal of Financial Markets, the Journal of Business and Economic Statistics, Review of Economics and Statistics, the Journal of Econometrics and the International Economic Review.

He received his PhD from Tilburg University in 1991.

• Featured publications (35)

  • G.P. Baquero & M.J.C.M. Verbeek (2021). Hedge Fund Flows and Performance Streaks: How Investors Weigh Information. Management Science, accepted.
  • T.C. Dyakov, H. Jiang & M.J.C.M. Verbeek (2020). Trade Less and Exit Overcrowded Markets: Lessons from International Mutual Funds. Review of Finance, 24 (3), 677-731. doi: 10.1093/rof/rfz014 [go to publisher's site]
  • T.C. Dyakov & M.J.C.M. Verbeek (2019). Can Mutual Fund Investors Distinguish Good from Bad Managers? International Review of Finance, 19 (3), 505-540. doi: 10.1111/irfi.12187
  • W.J. Armstrong, E. Genc & M.J.C.M. Verbeek (2019). Going for Gold: An Analysis of Morningstar Analyst Ratings. Management Science, 65 (5), 2310-2327. doi: 10.1287/mnsc.2017.2884
  • M.J.C.M. Verbeek (2017). A Guide to Modern Econometrics, 5th edition. Hoboken, NJ: John Wiley and Sons
  • H. Jiang, M.J.C.M. Verbeek & Y. Wang (2014). Information Content when Mutual Funds Deviate from Benchmarks. Management Science, 60 (8), 2038-2053. doi: 10.1287/mnsc.2013.1847
  • M.J.C.M. Verbeek & Y. Wang (2013). Better than the Original? The Relative Success of Copycat Funds. Journal of Banking and Finance, 37 (9), 3454-3471. doi: 10.1016/j.jbankfin.2013.04.024
  • D. Blitz, J.J. Huij, S.D. Lansdorp & M.J.C.M. Verbeek (2013). Short-Term Residual Reversal. Journal of Financial Markets, 16 (3), 477-504. doi: 10.1016/j.finmar.2012.10.005
  • T. Dyakov & M.J.C.M. Verbeek (2013). Front-Running of Mutual Fund Fire-Sales. Journal of Banking and Finance, 37 (12), 4931-4942. doi: 10.1016/j.jbankfin.2013.08.013
  • A. de Jong, M.J.C.M. Verbeek & P. Verwijmeren (2012). Does financial flexibility reduce investment distortions? The Journal of Financial Research, 35 (2), 243-259. doi: 10.1111/j.1475-6803.2012.01316.x
  • M.J.C.M. Verbeek (2012). A Guide to Modern Econometrics, 4th edition. Chichester: John Wiley and Sons
  • A. De Jong, M.J.C.M. Verbeek & P. Verwijmeren (2011). Firms' debt-equity decisions when the static tradeoff theory and the pecking order theory disagree. Journal of Banking and Finance, 35 (5), 1303-1314. doi: 10.1016/j.jbankfin.2010.10.006
  • A. De Jong, M.J.C.M. Verbeek & P. Verwijmeren (2010). The impact of financing surpluses and large financing deficits on tests of the pecking order theory. Financial Management - FM, 39 (2), 733-756. doi: 10.1111/j.1755-053X.2010.01090.x
  • J.V.K. Rombouts & M.J.C.M. Verbeek (2009). Evaluating Portfolio Value-at-Risk using Semi-Parametric GARCH Models. Quantitative Finance, 9 (6), 737-745. doi: 10.1080/14697680902785284
  • J.J. Huij & M.J.C.M. Verbeek (2009). On the Use of Multifactor Models to Evaluate Mutual Fund Performance. Financial Management - FM, 38 (1), 75-102. doi: 10.1111/j.1755-053X.2009.01029.x
  • H.J.W.G. Kole, C.G. Koedijk & M.J.C.M. Verbeek (2007). Selecting copulas for risk management. Journal of Banking and Finance, 31 (8), 2405-2423. doi: 10.1016/j.jbankfin.2006.09.010
  • J.J. Huij & M.J.C.M. Verbeek (2007). Cross-Sectional Learning and Short-Run Persistence in Mutual Fund Performance. Journal of Banking and Finance, 31 (3), 973-997. doi: 10.1016/j.jbankfin.2006.08.002
  • J.R. ter Horst & M.J.C.M. Verbeek (2007). Fund Liquidation, Self-Selection and Look-Ahead Bias in the Hedge Fund Industry. Review of Finance, 11 (4), 605-632. doi: 10.1093/rof/rfm012 [go to publisher's site]
  • H.J.W.G. Kole, C.G. Koedijk & M.J.C.M. Verbeek (2006). Portfolio Implications of Systemic Crises. Journal of Banking and Finance, 30 (8), 2347-2369. doi: 10.1016/j.jbankfin.2005.08.006
  • M.J.C.M. Verbeek & F. Vella (2005). Estimating Dynamic Models from Repeated Cross-Sections. Journal of Econometrics, 127 (1), 83-102. doi: 10.1016/j.jeconom.2004.06.004
  • G.P. Baquero, J.R. ter Horst & M.J.C.M. Verbeek (2005). Survival, Look-Ahead Bias and Persistence in Hedge Fund Performance. Journal of Financial and Quantitative Analysis, 40 (3), 493-517. [go to publisher's site]
  • W.A. Marquering & M.J.C.M. Verbeek (2004). The Economic Value of Predicting Stock Index Returns and Volatility. Journal of Financial and Quantitative Analysis, 39 (2), 407-429. doi: 10.1017/S0022109000003136
  • Th.E. Nijman, L.M. Swinkels & M.J.C.M. Verbeek (2004). Do countries or industries explain momentum in Europe? Journal of Empirical Finance, 11 (4), 461-481. doi: 10.1016/j.jempfin.2004.02.001
  • J.R. ter Horst & M.J.C.M. Verbeek (2000). Estimating Short-Run Persistence in Mutual Fund Performance. The Review of Economics and Statistics, 82 (4), 646-655. doi: 10.1162/003465300558984
  • F. Vella & M.J.C.M. Verbeek (1999). Two-step estimation of Panel Data Models with Censored Endogenous Variables and Selection Bias. Journal of Econometrics, 90 (2), 239-263. doi: 10.1016/S0304-4076(98)00043-8
  • M.J.C.M. Verbeek & F. Vella (1999). Estimating and Interpreting Models with Endogenous Treatment Effects. Journal of Business and Economic Statistics, 17 (4), 473-478. doi: 10.2307/1392404
  • W.A. Marquering & M.J.C.M. Verbeek (1999). An Empirical Analysis of Intertemporal Asset Pricing Models with Transactions Costs and Habit Persistence. Journal of Empirical Finance, 6 (3), 243-265. doi: 10.1016/S0927-5398(99)00003-1
  • F. Vella & M.J.C.M. Verbeek (1998). Whose wages do unions raise? A dynamic model of unionism and wage rate determination for young men. Journal of Applied Econometrics, 13 (2), 163-183. doi: 10.1002/(SICI)1099-1255(199803/04)13:2<163::AID-JAE460>3.0.CO;2-Y
  • M.J.C.M. Verbeek & Th.E. Nijman (1993). Minimum MSE Estimation of a Regression Model with Fixed Effects from a Series of Cross-Sections. Journal of Econometrics, 59 (1-2), 125-136.
  • Th.E. Nijman & M.J.C.M. Verbeek (1992). Can Cohort Data Be Treated as Genuine Panel Data? Empirical Economics (Heidelberg), 17, 9-24. doi: 10.1007/BF01192471
  • M.J.C.M. Verbeek & Th.E. Nijman (1992). Testing for Selectivity Bias in Panel Data Models. International Economic Review, 33 (3), 681-703.
  • Th.E. Nijman & M.J.C.M. Verbeek (1992). The Optimal Choice of Controls and Pre-Experimental Observations. Journal of Econometrics, 51 (1-2), 183-189.
  • Th.E. Nijman & M.J.C.M. Verbeek (1992). Nonresponse in panel data: The impact on estimates of a life cycle consumption function. Journal of Applied Econometrics, 7 (3), 243-257. doi: 10.1002/jae.3950070303
  • Th.E. Nijman, M.J.C.M. Verbeek & A.H.O. van Soest (1991). The Efficiency of Rotating-Panel Designs in an Analysis-of-Variance Model. Journal of Econometrics, 49 (3), 373-399. doi: 10.1016/0304-4076(91)90003-V
  • Th.E. Nijman & M.J.C.M. Verbeek (1990). Estimation of Time Dependent Parameters in Linear Models Using Cross Sections, Panels or Both. Journal of Econometrics, 46 (3), 333-346.

• All publications (98)

  • Key publication (35)

    • G.P. Baquero & M.J.C.M. Verbeek (2021). Hedge Fund Flows and Performance Streaks: How Investors Weigh Information. Management Science, accepted.
    • T.C. Dyakov, H. Jiang & M.J.C.M. Verbeek (2020). Trade Less and Exit Overcrowded Markets: Lessons from International Mutual Funds. Review of Finance, 24 (3), 677-731. doi: 10.1093/rof/rfz014 [go to publisher's site]
    • T.C. Dyakov & M.J.C.M. Verbeek (2019). Can Mutual Fund Investors Distinguish Good from Bad Managers? International Review of Finance, 19 (3), 505-540. doi: 10.1111/irfi.12187
    • W.J. Armstrong, E. Genc & M.J.C.M. Verbeek (2019). Going for Gold: An Analysis of Morningstar Analyst Ratings. Management Science, 65 (5), 2310-2327. doi: 10.1287/mnsc.2017.2884
    • M.J.C.M. Verbeek (2017). A Guide to Modern Econometrics, 5th edition. Hoboken, NJ: John Wiley and Sons
    • H. Jiang, M.J.C.M. Verbeek & Y. Wang (2014). Information Content when Mutual Funds Deviate from Benchmarks. Management Science, 60 (8), 2038-2053. doi: 10.1287/mnsc.2013.1847
    • M.J.C.M. Verbeek & Y. Wang (2013). Better than the Original? The Relative Success of Copycat Funds. Journal of Banking and Finance, 37 (9), 3454-3471. doi: 10.1016/j.jbankfin.2013.04.024
    • D. Blitz, J.J. Huij, S.D. Lansdorp & M.J.C.M. Verbeek (2013). Short-Term Residual Reversal. Journal of Financial Markets, 16 (3), 477-504. doi: 10.1016/j.finmar.2012.10.005
    • T. Dyakov & M.J.C.M. Verbeek (2013). Front-Running of Mutual Fund Fire-Sales. Journal of Banking and Finance, 37 (12), 4931-4942. doi: 10.1016/j.jbankfin.2013.08.013
    • A. de Jong, M.J.C.M. Verbeek & P. Verwijmeren (2012). Does financial flexibility reduce investment distortions? The Journal of Financial Research, 35 (2), 243-259. doi: 10.1111/j.1475-6803.2012.01316.x
    • M.J.C.M. Verbeek (2012). A Guide to Modern Econometrics, 4th edition. Chichester: John Wiley and Sons
    • A. De Jong, M.J.C.M. Verbeek & P. Verwijmeren (2011). Firms' debt-equity decisions when the static tradeoff theory and the pecking order theory disagree. Journal of Banking and Finance, 35 (5), 1303-1314. doi: 10.1016/j.jbankfin.2010.10.006
    • A. De Jong, M.J.C.M. Verbeek & P. Verwijmeren (2010). The impact of financing surpluses and large financing deficits on tests of the pecking order theory. Financial Management - FM, 39 (2), 733-756. doi: 10.1111/j.1755-053X.2010.01090.x
    • J.V.K. Rombouts & M.J.C.M. Verbeek (2009). Evaluating Portfolio Value-at-Risk using Semi-Parametric GARCH Models. Quantitative Finance, 9 (6), 737-745. doi: 10.1080/14697680902785284
    • J.J. Huij & M.J.C.M. Verbeek (2009). On the Use of Multifactor Models to Evaluate Mutual Fund Performance. Financial Management - FM, 38 (1), 75-102. doi: 10.1111/j.1755-053X.2009.01029.x
    • H.J.W.G. Kole, C.G. Koedijk & M.J.C.M. Verbeek (2007). Selecting copulas for risk management. Journal of Banking and Finance, 31 (8), 2405-2423. doi: 10.1016/j.jbankfin.2006.09.010
    • J.J. Huij & M.J.C.M. Verbeek (2007). Cross-Sectional Learning and Short-Run Persistence in Mutual Fund Performance. Journal of Banking and Finance, 31 (3), 973-997. doi: 10.1016/j.jbankfin.2006.08.002
    • J.R. ter Horst & M.J.C.M. Verbeek (2007). Fund Liquidation, Self-Selection and Look-Ahead Bias in the Hedge Fund Industry. Review of Finance, 11 (4), 605-632. doi: 10.1093/rof/rfm012 [go to publisher's site]
    • H.J.W.G. Kole, C.G. Koedijk & M.J.C.M. Verbeek (2006). Portfolio Implications of Systemic Crises. Journal of Banking and Finance, 30 (8), 2347-2369. doi: 10.1016/j.jbankfin.2005.08.006
    • M.J.C.M. Verbeek & F. Vella (2005). Estimating Dynamic Models from Repeated Cross-Sections. Journal of Econometrics, 127 (1), 83-102. doi: 10.1016/j.jeconom.2004.06.004
    • G.P. Baquero, J.R. ter Horst & M.J.C.M. Verbeek (2005). Survival, Look-Ahead Bias and Persistence in Hedge Fund Performance. Journal of Financial and Quantitative Analysis, 40 (3), 493-517. [go to publisher's site]
    • W.A. Marquering & M.J.C.M. Verbeek (2004). The Economic Value of Predicting Stock Index Returns and Volatility. Journal of Financial and Quantitative Analysis, 39 (2), 407-429. doi: 10.1017/S0022109000003136
    • Th.E. Nijman, L.M. Swinkels & M.J.C.M. Verbeek (2004). Do countries or industries explain momentum in Europe? Journal of Empirical Finance, 11 (4), 461-481. doi: 10.1016/j.jempfin.2004.02.001
    • J.R. ter Horst & M.J.C.M. Verbeek (2000). Estimating Short-Run Persistence in Mutual Fund Performance. The Review of Economics and Statistics, 82 (4), 646-655. doi: 10.1162/003465300558984
    • F. Vella & M.J.C.M. Verbeek (1999). Two-step estimation of Panel Data Models with Censored Endogenous Variables and Selection Bias. Journal of Econometrics, 90 (2), 239-263. doi: 10.1016/S0304-4076(98)00043-8
    • M.J.C.M. Verbeek & F. Vella (1999). Estimating and Interpreting Models with Endogenous Treatment Effects. Journal of Business and Economic Statistics, 17 (4), 473-478. doi: 10.2307/1392404
    • W.A. Marquering & M.J.C.M. Verbeek (1999). An Empirical Analysis of Intertemporal Asset Pricing Models with Transactions Costs and Habit Persistence. Journal of Empirical Finance, 6 (3), 243-265. doi: 10.1016/S0927-5398(99)00003-1
    • F. Vella & M.J.C.M. Verbeek (1998). Whose wages do unions raise? A dynamic model of unionism and wage rate determination for young men. Journal of Applied Econometrics, 13 (2), 163-183. doi: 10.1002/(SICI)1099-1255(199803/04)13:2<163::AID-JAE460>3.0.CO;2-Y
    • M.J.C.M. Verbeek & Th.E. Nijman (1993). Minimum MSE Estimation of a Regression Model with Fixed Effects from a Series of Cross-Sections. Journal of Econometrics, 59 (1-2), 125-136.
    • Th.E. Nijman & M.J.C.M. Verbeek (1992). Can Cohort Data Be Treated as Genuine Panel Data? Empirical Economics (Heidelberg), 17, 9-24. doi: 10.1007/BF01192471
    • M.J.C.M. Verbeek & Th.E. Nijman (1992). Testing for Selectivity Bias in Panel Data Models. International Economic Review, 33 (3), 681-703.
    • Th.E. Nijman & M.J.C.M. Verbeek (1992). The Optimal Choice of Controls and Pre-Experimental Observations. Journal of Econometrics, 51 (1-2), 183-189.
    • Th.E. Nijman & M.J.C.M. Verbeek (1992). Nonresponse in panel data: The impact on estimates of a life cycle consumption function. Journal of Applied Econometrics, 7 (3), 243-257. doi: 10.1002/jae.3950070303
    • Th.E. Nijman, M.J.C.M. Verbeek & A.H.O. van Soest (1991). The Efficiency of Rotating-Panel Designs in an Analysis-of-Variance Model. Journal of Econometrics, 49 (3), 373-399. doi: 10.1016/0304-4076(91)90003-V
    • Th.E. Nijman & M.J.C.M. Verbeek (1990). Estimation of Time Dependent Parameters in Linear Models Using Cross Sections, Panels or Both. Journal of Econometrics, 46 (3), 333-346.

  • Article (43)

    • Scholarly Publication (41)

      • G.P. Baquero & M.J.C.M. Verbeek (2021). Hedge Fund Flows and Performance Streaks: How Investors Weigh Information. Management Science, accepted.
      • T.C. Dyakov, H. Jiang & M.J.C.M. Verbeek (2020). Trade Less and Exit Overcrowded Markets: Lessons from International Mutual Funds. Review of Finance, 24 (3), 677-731. doi: 10.1093/rof/rfz014 [go to publisher's site]
      • T.C. Dyakov & M.J.C.M. Verbeek (2019). Can Mutual Fund Investors Distinguish Good from Bad Managers? International Review of Finance, 19 (3), 505-540. doi: 10.1111/irfi.12187
      • W.J. Armstrong, E. Genc & M.J.C.M. Verbeek (2019). Going for Gold: An Analysis of Morningstar Analyst Ratings. Management Science, 65 (5), 2310-2327. doi: 10.1287/mnsc.2017.2884
      • H. Jiang, M.J.C.M. Verbeek & Y. Wang (2014). Information Content when Mutual Funds Deviate from Benchmarks. Management Science, 60 (8), 2038-2053. doi: 10.1287/mnsc.2013.1847
      • T. Dyakov & M.J.C.M. Verbeek (2013). Front-Running of Mutual Fund Fire-Sales. Journal of Banking and Finance, 37 (12), 4931-4942. doi: 10.1016/j.jbankfin.2013.08.013
      • M.J.C.M. Verbeek & Y. Wang (2013). Better than the Original? The Relative Success of Copycat Funds. Journal of Banking and Finance, 37 (9), 3454-3471. doi: 10.1016/j.jbankfin.2013.04.024
      • D. Blitz, J.J. Huij, S.D. Lansdorp & M.J.C.M. Verbeek (2013). Short-Term Residual Reversal. Journal of Financial Markets, 16 (3), 477-504. doi: 10.1016/j.finmar.2012.10.005
      • A. de Jong, M.J.C.M. Verbeek & P. Verwijmeren (2012). Does financial flexibility reduce investment distortions? The Journal of Financial Research, 35 (2), 243-259. doi: 10.1111/j.1475-6803.2012.01316.x
      • A. De Jong, M.J.C.M. Verbeek & P. Verwijmeren (2011). Firms' debt-equity decisions when the static tradeoff theory and the pecking order theory disagree. Journal of Banking and Finance, 35 (5), 1303-1314. doi: 10.1016/j.jbankfin.2010.10.006
      • A. De Jong, M.J.C.M. Verbeek & P. Verwijmeren (2010). The impact of financing surpluses and large financing deficits on tests of the pecking order theory. Financial Management - FM, 39 (2), 733-756. doi: 10.1111/j.1755-053X.2010.01090.x
      • D. Brounen, M. Porras Prado & M.J.C.M. Verbeek (2010). Real Estate in an ALM Framework: The Case of Fair Value Accounting. Real Estate Economics, 38 (4), 775-804. doi: 10.1111/j.1540-6229.2010.00283.x
      • L.F. Hoogerheide, R. Kleijn, F. Ravazzolo, H.K. van Dijk & M.J.C.M. Verbeek (2010). Forecast Accuracy and Economic Gains from Bayesian Model Averaging Using Time-Varying Weights. Journal of Forecasting, 29 (1/2), 251-269. doi: 10.1002/for.1145
      • J.V.K. Rombouts & M.J.C.M. Verbeek (2009). Evaluating Portfolio Value-at-Risk using Semi-Parametric GARCH Models. Quantitative Finance, 9 (6), 737-745. doi: 10.1080/14697680902785284
      • J.J. Huij & M.J.C.M. Verbeek (2009). On the Use of Multifactor Models to Evaluate Mutual Fund Performance. Financial Management - FM, 38 (1), 75-102. doi: 10.1111/j.1755-053X.2009.01029.x
      • J.R. ter Horst & M.J.C.M. Verbeek (2007). Fund Liquidation, Self-Selection and Look-Ahead Bias in the Hedge Fund Industry. Review of Finance, 11 (4), 605-632. doi: 10.1093/rof/rfm012 [go to publisher's site]
      • J.J. Huij & M.J.C.M. Verbeek (2007). Cross-Sectional Learning and Short-Run Persistence in Mutual Fund Performance. Journal of Banking and Finance, 31 (3), 973-997. doi: 10.1016/j.jbankfin.2006.08.002
      • H.J.W.G. Kole, C.G. Koedijk & M.J.C.M. Verbeek (2007). Selecting copulas for risk management. Journal of Banking and Finance, 31 (8), 2405-2423. doi: 10.1016/j.jbankfin.2006.09.010
      • H.J.W.G. Kole, C.G. Koedijk & M.J.C.M. Verbeek (2006). Portfolio Implications of Systemic Crises. Journal of Banking and Finance, 30 (8), 2347-2369. doi: 10.1016/j.jbankfin.2005.08.006
      • G.P. Baquero, J.R. ter Horst & M.J.C.M. Verbeek (2005). Survival, Look-Ahead Bias and Persistence in Hedge Fund Performance. Journal of Financial and Quantitative Analysis, 40 (3), 493-517. [go to publisher's site]
      • M.J.C.M. Verbeek & F. Vella (2005). Estimating Dynamic Models from Repeated Cross-Sections. Journal of Econometrics, 127 (1), 83-102. doi: 10.1016/j.jeconom.2004.06.004
      • J.R. ter Horst & M.J.C.M. Verbeek (2005). Hedgefondsen: Prestaties uit het verleden bieden verwachtingen voor de toekomst. MAB, 79 (4), 168-173.
      • W.A. Marquering & M.J.C.M. Verbeek (2004). The Economic Value of Predicting Stock Index Returns and Volatility. Journal of Financial and Quantitative Analysis, 39 (2), 407-429. doi: 10.1017/S0022109000003136
      • Th.E. Nijman, L.M. Swinkels & M.J.C.M. Verbeek (2004). Do countries or industries explain momentum in Europe? Journal of Empirical Finance, 11 (4), 461-481. doi: 10.1016/j.jempfin.2004.02.001
      • W.A. Marquering & M.J.C.M. Verbeek (2004). A Multivariate Nonparametric Test for Return and Volatility Timing. Finance Research Letters, 1 (3), 250-260. doi: 10.1016/j.frl.2004.07.002
      • J.R. ter Horst, Th.E. Nijman & M.J.C.M. Verbeek (2001). Eliminating look-ahead bias in evaluating persistence in mutual fund performance. Journal of Empirical Finance, 8 (4), 345-373. doi: 10.1016/S0927-5398(01)00032-9
      • J.R. ter Horst & M.J.C.M. Verbeek (2000). Estimating Short-Run Persistence in Mutual Fund Performance. The Review of Economics and Statistics, 82 (4), 646-655. doi: 10.1162/003465300558984
      • M.J.C.M. Verbeek & F. Vella (1999). Estimating and Interpreting Models with Endogenous Treatment Effects. Journal of Business and Economic Statistics, 17 (4), 473-478. doi: 10.2307/1392404
      • F. Vella & M.J.C.M. Verbeek (1999). Two-step estimation of Panel Data Models with Censored Endogenous Variables and Selection Bias. Journal of Econometrics, 90 (2), 239-263. doi: 10.1016/S0304-4076(98)00043-8
      • W.A. Marquering & M.J.C.M. Verbeek (1999). An Empirical Analysis of Intertemporal Asset Pricing Models with Transactions Costs and Habit Persistence. Journal of Empirical Finance, 6 (3), 243-265. doi: 10.1016/S0927-5398(99)00003-1
      • S. Rummery, F. Vella & M.J.C.M. Verbeek (1999). Estimating the returns to education for Australian youth via rank-order instrumental variables. Labour Economics, 6 (4), 491-507. doi: 10.1016/S0927-5371(98)00016-5
      • F. Vella & M.J.C.M. Verbeek (1998). Whose wages do unions raise? A dynamic model of unionism and wage rate determination for young men. Journal of Applied Econometrics, 13 (2), 163-183. doi: 10.1002/(SICI)1099-1255(199803/04)13:2<163::AID-JAE460>3.0.CO;2-Y
      • M.J.C.M. Verbeek & Th.E. Nijman (1993). Minimum MSE Estimation of a Regression Model with Fixed Effects from a Series of Cross-Sections. Journal of Econometrics, 59 (1-2), 125-136.
      • M.J.C.M. Verbeek (1993). Missing measurements in econometric models with no auxiliary relations. Economics Letters, 43 (2), 125-128. doi: 10.1016/0165-1765(93)90024-7
      • Th.E. Nijman & M.J.C.M. Verbeek (1992). Can Cohort Data Be Treated as Genuine Panel Data? Empirical Economics (Heidelberg), 17, 9-24. doi: 10.1007/BF01192471
      • M.J.C.M. Verbeek & Th.E. Nijman (1992). Testing for Selectivity Bias in Panel Data Models. International Economic Review, 33 (3), 681-703.
      • Th.E. Nijman & M.J.C.M. Verbeek (1992). The Optimal Choice of Controls and Pre-Experimental Observations. Journal of Econometrics, 51 (1-2), 183-189.
      • Th.E. Nijman & M.J.C.M. Verbeek (1992). Nonresponse in panel data: The impact on estimates of a life cycle consumption function. Journal of Applied Econometrics, 7 (3), 243-257. doi: 10.1002/jae.3950070303
      • Th.E. Nijman, M.J.C.M. Verbeek & A.H.O. van Soest (1991). The Efficiency of Rotating-Panel Designs in an Analysis-of-Variance Model. Journal of Econometrics, 49 (3), 373-399. doi: 10.1016/0304-4076(91)90003-V
      • Th.E. Nijman & M.J.C.M. Verbeek (1990). Estimation of Time Dependent Parameters in Linear Models Using Cross Sections, Panels or Both. Journal of Econometrics, 46 (3), 333-346.
      • M.J.C.M. Verbeek (1990). On the estimation of a fixed effects model with selectivity bias. Economics Letters, 34 (3), 267-270. doi: 10.1016/0165-1765(90)90129-O

    • Professional Publication (2)

      • E. Genc & M.J.C.M. Verbeek (2018). How independent research can improve investment decisions. RSM Discovery - Management Knowledge, 33 (1), 14-16.
      • W.A. Marquering & M.J.C.M. Verbeek (2004). De Wet van Murphy in de Aandelenmarkt. VBA Journaal, 19 (4), 24-29.

  • Book / Monograph / Book editorial (6)

    • M.J.C.M. Verbeek (2017). A Guide to Modern Econometrics, 5th edition. Hoboken, NJ: John Wiley and Sons
    • M.J.C.M. Verbeek (2014). Moderne Oekonometrie. Weinheim: Wiley-VCH
    • M.J.C.M. Verbeek (2012). A Guide to Modern Econometrics, 4th edition. Chichester: John Wiley and Sons
    • M.J.C.M. Verbeek (2008). A Guide to Modern Econometrics, 3rd edition. Chichester: John Wiley and Sons
    • M.J.C.M. Verbeek (2004). A Guide to Modern Econometrics, 2nd edition. Chichester: John Wiley and Sons [go to publisher's site]
    • M.J.C.M. Verbeek (2000). A guide to modern econometrics. Chichester, England: John Wiley & Sons, Ltd.

  • Part of book - Chapter (6)

    • M.J.C.M. Verbeek (2009). Modified Sharpe Ratio. In G.N. Gregoriou (Ed.), Encyclopedia of Alternative Investments (pp. 303-304). Boca Raton, FL: Chapman and Hall / CRC
    • M.J.C.M. Verbeek (2009). Alternative Asset Class. In G.N. Gregoriou (Ed.), Encyclopedia of Alternative Investments (pp. 16-16). Boca Raton, FL: Chapman and Hall / CRC
    • M.J.C.M. Verbeek (2009). Nondirectional. In G.N. Gregoriou (Ed.), Encyclopedia of Alternative Investments (pp. 319-319). Boca Raton, FL: Chapman and Hall / CRC
    • M.J.C.M. Verbeek (2009). Redemption Period. In G.N. Gregoriou (Ed.), Encyclopedia of Alternative Investments (pp. 392-392). Boca Raton, FL: Chapman and Hall / CRC
    • M.J.C.M. Verbeek (2008). Pseudo Panels and Repeated Cross-Sections. In L. Matyas & P. Sevestre (Eds.), The Econometrics of Panel Data: Fundamentals and Recent Developments in Theory and Practice (pp. 369-383). Berlin: Springer Verlag
    • B. Honoré, F. Vella & M.J.C.M. Verbeek (2008). Attrition, Selection Bias and Censored Regressions. In L. Matyas & P. Sevestre (Eds.), The Econometrics of Panel Data: Fundamentals and Recent Developments in Theory and Practice (pp. 385-418). Berlin: Springer

  • Report (5)

    • Scholarly Publication (4)

      • T.C. Dyakov, H. Jiang & M.J.C.M. Verbeek (2019). Trading is Hazardous to Your Wealth: Evidence from Mutual Funds around the World. (Preprints). Rotterdam: Rotterdam doi: 10.2139/ssrn.2687169
      • J.J. Huij, S.D. Lansdorp & M.J.C.M. Verbeek (2012). Managerial Turnover and the Behavior of Mutual Fund Investors. (Preprints). : http://ssrn.com/abstract=2166826
      • L.F. Hoogerheide, R.H. Kleijn, F. Ravazzolo, H.K. van Dijk & M.J.C.M. Verbeek (2010). Forecast Accuracy and Economic Gains from Bayesian Model Averaging Using Time-Varying Weights. (Preprints, EI reprint reeks, no EI-1538). 3000 DR Rotterdam: Econometric Institute
      • M.J.C.M. Verbeek & P.C. de Goeij (2000). An Empirical Analysis of Affine Term Structure Models using the Generalized Method of Moments. (Intern rapport, december). :

    • Professional Publication (1)

      • A. De Jong, P.G.J. Roosenboom, M.J.C.M. Verbeek & P. Verwijmeren (2007). Hedgefondsen en private equity in Nederland. (Extern rapport). Den Haag: Ministerie van Financien

  • Article in volume (1)

    • M.J.C.M. Verbeek (2017). Using linear regression to establish empirical relationships. In IZA World of Labour. Bonn: Institute of Labor Economics (IZA) doi: 10.15185/izawol.336

  • Inaugural speech (1)

    • M.J.C.M. Verbeek (2002). Onweerlegbaar bewijs? Over het belang en de waarde van empirisch onderzoek voor financierings- en beleggingsvraagstukken. (2002, juni 21). Rotterdam: Erasmus Research Institute of Management

  • Award (1)

    • H. Jiang, M.J.C.M. Verbeek & Y. Wang (2013). Information Content when Mutual Funds Deviate from Benchmarks. SPIVA Award 2012: New York (2013, maart 20). Populariserende publicatie.

• Teaching (6)

  FI Honours Class

  Title

  FI Honours Class

  Year

  2020

  Year level

  master

  Applied Econometrics

  Title

  Applied Econometrics

  Year

  2020

  Year level

  PhD, master

  Alternative investments

  Title

  Alternative investments

  Year

  2020

  Year level

  bachelor 3, bachelor, bachelor 3

  Portfolio management

  Title

  Portfolio management

  Year

  2020

  Year level

  master, master, master, master

  Introduction Week

  Title

  Introduction Week

  Year

  2020

  Year level

  master

  Research Skills

  Title

  Research Skills

  Year

  2020

  Year level

  master

• PhD list (33)

  • Yifan Ma

    PhD in Finance

    • 2020 -

  • Lennard Böckenförde

    International Mutual Funds

    • 2018 -

  • Gelly Fu

    Agency Problems in the Mutual Fund Industry

    • 2016 -
  • Georgi Kyosev

    Essays on Factor Investing

    • 2014 - 2019

  • Marina Dzhelepska

    The Family Role in Mutual Fund Performance

    • 2012 -

  • Marina Dzhelepska

    The Family Role in Mutual Fund Performance

    • 2012 -
  • Lingtian Kong

    Essays on Financial Coordination

    • 2012 - 2019
  • Darya Yuferova

    Price Discovery, Liquidity Provision, and Low-Latency Trading

    • 2011 - 2016
  • Teng Wang

    Essays in Banking and Corporate Finance

    • 2011 - 2015
  • Wilma de Groot

    Assessing Asset Pricing Anomalies

    • 2010 - 2017
  • Dominik Rösch

    Market Efficiency and Liquidity

    • 2010 - 2015
  • Teodor Dyakov

    Empirical Studies on Actively Managed Mutual Funds: New Insights into the Costs and Benefits of Portfolio Disclosure

    • 2010 - 2014
  • Dimitrios Vagias

    Liquidity, Investors, and International Capital Markets

    • 2008 - 2013
  • Yu Wang

    Information Content of Mutual Fund Portfolio Disclosure

    • 2008 - 2011
  • David Blitz

    Benchmarking Benchmarks

    • 2007 - 2011
  • Melissa Porras Prado

    The Long and Short Side of Real Estate, Real Estate Stocks, and Equity

    • 2006 - 2012
  • Ying Xu

    Empirical Essays on the Stock Returns, Risk Management, and Liquidity Creation of Banks

    • 2006 - 2010
  • Milan Lovric

    Behavioral Finance and Agent-Based Artificial Markets

    • 2005 - 2011
  • Xiaohong Huang

    An Analysis of Occupational Pension Provision: From Evaluation to Redesign

    • 2005 - 2010
  • Diana Budiono

    The Analysis of Mutual Fund Performance: Evidence from U.S. Equity Mutual Funds

    • 2005 - 2010
  • Patrick Verwijmeren

    Empirical Essays on Debt, Equity, and Convertible Securities

    • 2005 - 2008
  • Thuy Nguyen

    Capital Structure, Strategic Competition, and Governance

    • 2005 - 2008
  • Maarten Jennen

    Empirical Essays on Office Market Dynamics

    • 2004 - 2008
  • Gerben de Zwart

    Empirical Studies on Financial Markets: Private Equity, Corporate Bonds and Emerging Markets

    • 2004 - 2008
  • Nadja Günster

    Investment Strategies based on Social Responsibility and Bubbles

    • 2003 - 2009
  • Haikun Ning

    Hierarchical Portfolio Management: Theory and Applications

    • 2003 - 2007

  • Ronald Doeswijk

    Ape or Art - Investment strategies

    • 2003 - 2007
  • Joop Huij

    New Insights into Mutual Funds: Performance and Family Strategies

    • 2002 - 2007
  • Lenny Pattikawa

    Innovation in the Pharmaceutical Industry: Evidence from Drug Introductions in the U.S.

    • 2002 - 2007
  • Willem Schramade

    Corporate Bond Issuers

    • 2002 - 2006
  • Guillermo Baquero

    On Hedge Fund Performance, Capital Flows and Investor Psychology

    • 2001 - 2006
  • Erik Kole

    On Crises, Crashes and Comovements

    • 2001 - 2006
  • Ben Tims

    Empirical Studies on Exchange Rate Puzzles and Volatility

    • 1999 - 2006

• Editorial positions (1)

  De Economist

  Role

  Associate Editor

  Start date approval

  May/2011

• Present position

  Full Professor

  University

  Erasmus University Rotterdam

  School

  RSM - Rotterdam School of Management

  Department

  Department of Finance

  Telephone

  0104082727

• Other positions (1)

  Netspar

  Additional Information

  www.netspar.nl

  Role

  Research Coordinator

  Obtained Wage

  no

  Start date approval

  Sep/2009