Richard Paap

Biographic Data

ID6448569
NAMERichard Paap
GIVEN NAMESRichard
FAMILY NAMEPaap
SIGNATUREPAAP R
AFFILIATIONSErasmus University Rotterdam
ORCID0000-0003-1616-0554
VERIFIEDYes
TOTAL WORKS6
TOTAL CITATIONS2
WORKS AS AUTHOR6
WORKS AS EDITOR0
FIRST PUBLICATION YEAR2003
LATEST PUBLICATION YEAR2013
H-INDEX1

  • Real-Time Inflation Forecasting in a Changing World

    Jan J J Groen, Richard Paap et al.ARTICLEJournal of Business and Economic…2013

    This article revisits the accuracy of inflation forecasting using activity and expectations variables. We apply Bayesian model averaging across different regression specifications selected from a set of potential predictors that includes lagged values of inflation, a host of real activity data, term structure data, (relative) price data, and surveys. In this model average, we can entertain different channels of structural instability, by either i…

  • Do Leading Indicators Lead Peaks More Than Troughs

    Richard Paap, Rene Segers et al.ARTICLEJournal of Business and Economic…2009

    We develop a novel Markov switching vector autoregressive model to investigate the possibility that leading indicators have different lead times at business cycle peaks and at troughs. In this model, coincident and leading indicators share a common Markov state process, but their cycles are nonsynchronous, with the nonsynchronicity varying across regimes. An application shows that on average the Conference Board’s Composite Leading Index leads th…

  • Generalized reduced rank tests using the singular value decomposition

    Open AccessFrank Kleibergen, Richard PaapARTICLEJournal of Econometrics2006

  • Modeling Purchases as Repeated Events

    Govert E Bijwaard, Philip Hans Franses et al.ARTICLEJournal of Business and Economic…2006

    We put forward a statistical model for interpurchase times that incorporates all current and past information available for all purchases as time runs along the calendar time scale. It delivers forecasts for the number of purchases in the next period, as well as for the timing of subsequent and consecutive purchases. Purchase occasions are viewed as a counting process that counts the recurrent purchases for each house-hold as they evolve over tim…

  • Does Africa grow slower than Asia, Latin America and the Middle East? Evidence from a new data-based classification method

    Open AccessRichard Paap, Philip Hans Franses et al.ARTICLEJournal of Development Economics2005Cited by: 2References: 4

  • Bayes Estimates of Markov Trends in Possibly Cointegrated Series

    Richard Paap, Herman K van DijkARTICLEJournal of Business and Economic…2003

    Stylized facts show that average growth rates of U.S. per capita consumption and income differ in recession and expansion periods. Because a linear combination of such series does not have to be a constant mean process, standard cointegration analysis between the variables to examine the permanent income hypothesis may not be valid. To model the changing growth rates in both series, we introduce a multivariate Markov trend model that accounts for…