prof. dr. C.G. (Kees) Koedijk
Tilburg School of Economics and Management
Journal articles
- 2012
- Dalen, H.P. van, Henkens, C.J.I.M., Koedijk, C.G., & Slager, A.M.H. (2012). DP 2010-018 Decision making by pension fund trustees in the face of demographic and economic shocks: A vignette study. Journal of Pension Economics and Finance.
- 2011
- Derwall, J.M.M., Koedijk, C.G., & Horst, J.R. ter (2011). A tale of values-driven and profit-seeking social investors. Journal of Banking and Finance, 35(8), 2137-2147.
- Guenster, N., Bauer, R., Derwall, J.M.M., & Koedijk, C.G. (2011). The economic value of corporate eco-efficiency. European Financial Management, 17(4), 679-704.
- 2008
- Eijffinger, S.C.W., & Koedijk, C.G. (2008). Private equity and shareholder activism: Summary of the 2007 annual meeting reports of the Royal Netherlands Economic Association. De Economist, 156(1), 95-101.
- Koedijk, C.G., Slager, A.M.H., & Dalen, H.P. van (2008). Blinde vlekken in pensioenland. TPE Digitaal, 2(2), 23-43.
- 2007
- Buiter, W., Dalen, H.P. van, Eijffinger, S.C.W., Hartog, J., Koedijk, C.G., & Witteloostuijn, A. van (2007). Vergrijzing is een verborgen zegen. Kwartaalschrift Economie, 4(4), 421-436.
- Koedijk, C.G., & Dalen, H.P. van (2007). Het experiment Raad van Economisch Adviseurs. Economisch Statistische Berichten, 92(4522), 683-685.
- Kole, E., Koedijk, C.G., & Verbeek, M.J.C.M. (2007). Selecting copulas for risk management. Journal of Banking and Finance, 31(8), 2405-2423.
- Slager, A., & Koedijk, C.G. (2007). Investment beliefs. Journal of Portfolio Management, 33(3), 77-84.
- 2006
- Brounen, D., Jong, A. de, & Koedijk, C.G. (2006). Capital structure policies in Europe: Survey evidence. Journal of Banking and Finance, 30(5), 1409-1442.
- Buiter, W.H., Dalen, H.P. van, Eijffinger, S.C.W., Koedijk, C.G., Teulings, C.N., & Witteloostuijn, A. van (2006). Over goede intenties en de harde wetten van de woningmarkt. Tijdschrift voor Politieke Ekonomie, 27(6), 20-42.
- Eijffinger, S.C.W., Buiter, W., Koedijk, C.G., Teulings, C.N., & Witteloostuijn, A. van (2006). Over goede intenties en de harde wetten van de woningmarkt. Tijdschrift voor Politieke Ekonomie, 27(6), 20-42.
- Jong, C. de, Koedijk, C.G., & Schnitzlien, C.R. (2006). Stock market quality in the presence of a traded option. The Journal of Business, 79(4), 2243-2274.
- Kole, E., Koedijk, C.G., & Verbeek, M.J.C.M. (2006). Portfolio implications of systematic crises. Journal of Banking and Finance, 30(8), 2347-2369.
- 2005
- Bauer, R., Koedijk, C.G., & Otten, R. (2005). International evidence on ethical mutual fund performance and investment style. Journal of Banking and Finance, 29(7), 1751-1767.
- Derwall, J., Guenster, N., Bauer, R., & Koedijk, C.G. (2005). The eco-efficiency premium puzzle. Financial Analyst Journal, 61(2), 51-63.
- 2004
- Brounen, D., Jong, A. de, & Koedijk, C.G. (2004). Corporate finance in Europe: Confronting theory with practice. Financial Management, 33(4), 71-102.
- Eijffinger, S.C.W., & Koedijk, C.G. (2004). Financieel-economisch beleid onder Balkenende. Christen democratische verkenningen, Winter(4), 85-94.
- Koedijk, C.G., & Dijk, M.A. van (2004). Global risk factors and the cost of capital. Financial Analyst Journal, 60(2), 32-38.
- 2003
- Eijffinger, S.C.W., Haan, J. de, & Koedijk, C.G. (2003). Small is beautiful but large is not to be belittled: Reply. European Journal of Political Economy, 19(3), 905-907.
- Koedijk, C.G., Kool, C.J.M., Schotman, P.C., & Dijk, M.A. van (2003). The cost of capital in international financial markets: Global or local beta? Journal of International Money and Finance, 21(6), 905-929.
- 2002
- Campbell, R., Koedijk, C.G., & Kofman, P. (2002). Increased correlations in bear market. Financial Analysts Journal, 58(1), 87-94.
- Eijffinger, S.C.W., Haan, J. de, & Koedijk, C.G. (2002). Small is beautiful: Measuring the research input and output of European Central Banks. European Journal of Political Economy, 18(2), 365-374.
- 2001
- Campbell, R., Huisman, R., & Koedijk, C.G. (2001). Optimal portfolio selection in a Value-at-Risk framework. Journal of Banking and Finance, 25(9), 1789-1804.
- Huisman, R., Koedijk, C.G., Kool, C.J.M., & Palm, F. (2001). Tail index estimates in small samples. Journal of Business and Economic Statistics, 19(2), 208-216.
- Otten, R., & Koedijk, C.G. (2001). Beleggen met een goed gevoel. Economisch-Statistische Berichten, 86(4304), 324.
- 2000
- Eijffinger, S.C.W., & Koedijk, C.G. (2000). De kunst van de institutionele vernieuwing. Economisch Statistische Berichten, 85(4243).
- Jansen, D.W., Koedijk, C.G., & Vries, C.G. de (2000). Portfolio selection with limited downside risk. Journal of Empirical Finance, 7(3-4), 247-269.
- Otten, R., Koedijk, C.G., & Eichholtz, P. (2000). De eeuw van het aandeel. Economisch-Statistische Berichten, 85(4238), 24.
- 1999
- Flood, M., Huisman, R., Koedijk, C.G., & Mahieu, R.J. (1999). Quote disclosure and price discovery in multiple-dealer financial markets. Review of Financial Studies, 12(1), 37-59.
- Pownall, R.A.J., & Koedijk, C.G. (1999). Capturing downside risk in financial markets: The case of the Asian Crisis. Journal of International Money and Finance, 18(6), 853-870.
- 1998
- Cavaglia, S., Koedijk, C.G., Verschoor, W.F.C., & Wolff, C.C.P. (1998). Interest expectations and exchange rates news. Empirical Economics, 23(4), 525-534.
- Groeneveld, J.M., Koedijk, C.G., & Kool, C.J.M. (1998). Inflation dynamics and monetary strategies: Evidence from six industrialized countries. Open Economies Review, 9(1), 21-38.
- Groeneveld, J.M., Koedijk, C.G., & Kool, C.J.M. (1998). Credibility of European economic convergence. Weltwirtschaftliches Archiv, 134(1), 1-24.
- Huisman, R., & Koedijk, C.G. (1998). Financial market competition: The effects of transparency. De Economist, 146(3), 463-473.
- Koedijk, C.G., Schotman, P.C., & Dijk, M.A. van (1998). The re-emergence of PPP in the 1990s. Journal of International Money and Finance, 17(1), 51-61.
- Koedijk, C.G., Kool, C., & Nissen, F. (1998). Real interest rates and shifts in macroeconomic volatility. Journal of Empirical Finance, 5(3), 241-261.
- Koedijk, C.G., Stork, P.A., & Vries, (1998). An EMS target zone model in discrete time. Journal of Applied Econometrics, 13(1), 31-48.
- Koedijk, C.G., Huisman, R., Kool, C., & Nissen, F. (1998). Extreme support for uncovered interest parity. Journal of International Money and Finance, 17(1), 211-228.
- 1997
- Koedijk, C.G., Nissen, F., Schotman, P.C., & Wolff, C.C.P. (1997). The dynamics of short-term interest rate volatility reconsidered. European Finance Review, 1(1), 105-130.
- Koedijk, C.G., & Kool, C.J.M. (1997). Real exchange rates between the wars. Journal of International Money and Finance, 16(2), 211-232.
- 1996
- Koedijk, C.G., & Kremers, J. (1996). Market opening, regulation and growth in Europe. Economic Policy: A European Forum,(23), 443-467.
- Koedijk, C.G., & Wolff, C.C.P. (1996). Exchange rate returns, 'news', and risk premia. Economics Letters, 50(1), 127-134.
- 1995
- Koedijk, C.G., Mizrach, B., Stork, P.A., & Vries, C.G. de (1995). New evidence on the effectiveness of foreign exchange market intervention. European Economic Review, 39(3-4), 501-508.
- Koedijk, C.G., & Kool, C.J.M. (1995). Future inflation and the information in international term structures. Empirical Economics: A Quarterly Journal of the Institute for Advanced Studies, 20(2), 217-242.
- 1994
- Cavaglia, S.M.F.G., Koedijk, C.G., & Vlaar, P.J.G. (1994). Exchange rate expectations and risk premia in the European Monetary System: 1985-1991. Open Economies Review, 5(4), 347-360.
- Haan, L. de, Koedijk, C.G., & Vrijer, E.J. de (1994). Buffer stock money and pecking order financing: Results from an interview study among Dutch firms. De Economist, 142(3), 287-305.
- Koedijk, C.G., & Verschoor, W.F.C. (1994). Asian interest expectations and exchange rate dynamics. Pacific-Basin Finance Journal, 2(4), 439-452.
- Koedijk, C.G., Kool, C.J.M., & Kroes, T.R.P.J. (1994). Changes in world real interest rates and inflationary expectations. Weltwirtschaftliches Archiv, 130(4), 712-729.
- Koedijk, C.G., & Smant, D.J.C. (1994). The permanent income hypothesis, business cycles, and regime shifts: Evidence from eight countries. De Economist, 142(3), 307-325.
- Koedijk, C.G., & Stork, P.A. (1994). Should we care? Psychological barriers in stock markets. Economics Letters, 44(4), 427-432.
- Koedijk, C.G., & Kool, C.J.M. (1994). Tail estimates and the ems target zone. Review of International Economics, 2(2), 153-165.
- Koedijk, C.G., & Kool, C.J.M. (1994). Dominant interest and inflation differentials within the EMS: A reply. European Economic Review, 38(8), 1665-1666.
- 1993
- Koedijk, C.G., & Kool, C.J.M. (1993). Betting on the EMS. Open Economies Review, 4(2), 151-173.
- 1992
- Haan, L. de, Koedijk, C.G., & Vrijer, J.E.J. de (1992). Gebruik van kort bankkrediet nader bekeken. Bank- en Effectenbedrijf, 41(11), 28-33.
- Koedijk, C.G., & Kool, C.J.M. (1992). Dominant interest and inflation differentials within the EMS. European Economic Review, 36(4), 925-943.
- Koedijk, C.G., & Kool, C.J.M. (1992). Tail estimates of East European exchange rates. Journal of Business & Economic Statistics, 10(1), 83-96.
- Koedijk, C.G., & Mahieu, R.J. (1992). Asian-Pacific real exchange rates. Applied Economics, 24(11), 1255-1262.
- Koedijk, C.G., Stork, P.A., & Vries, C.G. de (1992). Differences between foreign exchange rate regimes: The view from the tails. Journal of International Money and Finance, 11(5), 462-473.
- 1990
- Coughlin, C.C., & Koedijk, C.G. (1990). What do we know about the long run real exchange rate? The Federal Reserve Bank of St. Louis Review, 72(1), 35-48.
- Koedijk, C.G., & Schotman, P. (1990). How to beat the random walk: An empirical model of real exchange rates. Journal of International Economics, 29(3-4), 311-332.
- Koedijk, C.G., Schafgans, M.M.A., & Vries, C.G. de (1990). The tail index of exchange rate returns. Journal of International Economics, 29(1-2), 93-108.
- 1989
- Koedijk, C.G., & Schotman, P. (1989). Dominant real exchange rate movements. Journal of International Money and Finance, 8(4), 517-531.
- 1988
- Belangia, M.T., & Koedijk, C.G. (1988). Testing the expectations model of the term structure: Some conjectures on the effects of institutional changes. The Federal Reserve Bank of St. Louis Review,(9-10), 37-45.
- Bomhoff, E.J., & Koedijk, C.G. (1988). Bilateral exchange rates and risk premia. Journal of International Money and Finance, 7(2), 205-220.
- Kool, C.J.M., & Koedijk, C.G. (1988). De Nederlandse markt voor venture capital. Economisch-Statistische Berichten, 73(3682), 1080-1085.
- 1987
- Koedijk, C.G., & Ott, M. (1987). Risk aversion, efficient markets, and the foward exchange rate. The Federal Reserve Bank of St. Louis Review,(12), 5-13.
- 1986
- Jongbloed, A., & Koedijk, C.G. (1986). Sectorale verschuivingen en werkloosheid: Een internationale vergelijking. Economisch-Statistische Berichten, 71(3556), 512-515.
- 1985
- Bomhoff, E.J., Koedijk, C.G., & Haan, W.J. den (1985). Hoe (on)evenwichtig is de dollar? Economisch-Statistische Berichten, 70(3501), 352-357.
- 1983
- Verbruggen, J.P., & Koedijk, C.G. (1983). Inkomen, consumptieve vraag en het gevaar van de neerwaartse spiraal. Economisch-Statistische Berichten, 68(3434), 1129-1132.
Books
- 2011
- Koedijk, C.G., & Slager, A.M.H. (2011). Beleggen met Visie. Handboek voor Beleggers, Bestuurder en Beslissers. Amsterdam: Uitgeverij Balans.
- Koedijk, C.G., & Slager, A.M.H. (2011). Investment Beliefs. A Positive Approach to Institutional Investing. Hampshire: Palgrave Macmillan.
- 2009
- Eijffinger, S.C.W., & Koedijk, C.G. (Eds.). (2009). The Evolving Financial System and the Transmission Mechanism of Monetary Policy. London: Centre for Economic Policy Research.
- 2007
- Eijffinger, S.C.W., Czyzewski, A., & Koedijk, C.G. (Eds.). (2007). Globalisation and Monetary Policy. London: Centre for Economic Policy Research.
- Eijffinger, S.C.W., & Koedijk, C.G. (Eds.). (2007). Private Equity en Aandeelhoudersactivisme. Amsterdam: KVS.
- 2006
- Eijffinger, S.C.W., Koedijk, C.G., & Smets, F. (Eds.). (2006). Structural Reforms and Economic Growth in Europe. London: Centre for Economic Policy Research (CEPR).
- 2004
- Eijffinger, S.C.W., & Koedijk, C.G. (Eds.). (2004). The Euro Area as an Economic Entity. London: CEPR.
- 2002
- Eijffinger, S.C.W., & Koedijk, C.G. (2002). Old Age, New Economy and Central Banking. London: Centre for Economic Policy Research (CEPR).
- Eijffinger, S.C.W., & Koedijk, C.G. (Eds.). (2002). Regulatory Challenges for European Financial Markets. London: Centre for Economic Policy Research (CEPR).
- 2001
- Eijffinger, S.C.W., Koedijk, C.G., & Yeo, S. (2001). Vivent les Différences? Heterogeneous Europe. London: Centre for Economic Policy Research.
- 2000
- Eijffinger, S.C.W., Koedijk, C.G., & Yeo, S. (Eds.). (2000). Fiscal Policy Imbalances, the Monetary Transmission Mechanism and Prudential Supervision: Issues facing Europe's Central Bankers. London: Centre for Economic Policy Research (CEPR).
- 1999
- Eijffinger, S.C.W., Koedijk, C.G., Pagano, M., & Portes, R. (Eds.). (1999). The Changing European Financial Landscape (CEPR/European Summer Institute 1998). London: CEPR.
- 1998
- Eijffinger, S.C.W., & Koedijk, C.G. (Eds.). (1998). The German Economy and the European Union, Papers and Lectures of an International Conference Organised by the European Summer Institute. Maastricht: The European Summer Institute.
- 1992
- Haan, L. de, Koedijk, C.G., & Vrijer, J.E.J. de (1992). De stijging van het liquiditeitsbezit in de jaren tachtig: Een enquête onder Nederlandse bedrijven en financiële instellingen. Amsterdam: Nederlands Instituut voor het Bank- en Effectenbedrijf. (Monetaire monografieën, 12).
- 1989
- Koedijk, C.G. (1989). Studies in empirical exchange rate economics. [S.l.]: [s.n.].
- 1987
- Koedijk, C.G., & Kool, C.J.M. (1987). Venture capital in Nederland I. Rotterdam: Stichting Rotterdamse Monetaire Studies. (Rotterdamse monetaire studies, 28).
- 1986
- Koedijk, C.G. (1986). De kapitaalmarktrente, feiten en verklaringen. Rotterdam: Stichting Rotterdamse Monetaire Studies. (Rotterdamse monetaire studies, 23).
Book chapters
- 2011
- Koedijk, C.G., & Slager, A.M.H. (2011). Shaken, but not stirred? The importance of investment beliefs after the financial crises. In E. Halvarsson & T.F. Franzén (Eds.), Pension System and Reform (pp. 55-67). Göteborg, Sweden: AP2 Fonden. (AP2 Anthology Project).
- 2008
- Graafland, J.J., Koedijk, C.G., & Bulte, E.H. (2008). Goed geld en fout geld. Eerlijk geld verdienen. In M. van Zundert, I. Hamers, & J. Mes (Eds.), Wat Kost Dat?! Wat je Wilt Weten over Geld & Economie (pp. 103-111). Wormer: Inmerc.
- 2007
- Buiter, W., Dalen, H.P. van, Eijffinger, S.C.W., Hartog, J., Koedijk, C.G., & Witteloostuijn, A. van (2007). Vergrijzing is een verborgen zegen. Jaarboek 2006/2007 Koninklijke Vereniging voor de Staathuishoudkunde (pp. 45-64). Utrecht: Lemma.
- Eijffinger, S.C.W., & Koedijk, C.G. (2007). Private equity en aandeelhoudersactivisme: Inleiding. In S.C.W. Prof.dr Eijffinger & C.G. Prof.dr. Koedijk (Eds.), Private Equity en Aandeelhoudersactivisme (pp. 1-10). Amsterdam: KVS.
- Eijffinger, S.C.W., & Koedijk, C.G. (2007). Private equity en aandeelhoudersactivisme: Herstel van evenwicht gevraagd. In S.C.W. Prof.dr Eijffinger & C.G. Prof.dr. Koedijk (Eds.), Private Equity en Aandeelhoudersactivisme (pp. 173-178). Amsterdam: KVS.
- 1996
- Koedijk, C.G. (1996). Het beoordelen van beleggingsrendement: De LIFE-index. Handboek management ratio's. Alphen a/d Rijn: Kluwer academic publishers.
- 1995
- Koedijk, C.G., & Nieuwland, F. (1995). The tail index of Asian exchange rate returns. In T. Bos & T.A. Fetherston (Eds.), Advances in Pacific Basin financial markets (Vol. 1) (pp. 131-148). Greenwich, Conn.: JAI Press.
- 1990
- Koedijk, C.G., & Kool, C. (1990). Consumptie en financiële rendementen: Een internationale vergelijking. In P.C. van Aalst, H. Berkman, & N.L. van der Sar (Eds.), Financiering en belegging. Schiedam: Rhobeta Consultants.
- 1987
- Koedijk, C.G., & Bomhoff, E. (1987). A portfolio balance model of bilateral exchange rates. In K.A. Chrystal & R. Sedgwick (Eds.), Exchange rates and the open economy (pp. 54-71). Brighton, Sussex: Wheatsheaf Books.
- 1986
- Koedijk, C.G., & Haan, W. den (1986). De risicopremie in de valutamarkten. In J.W.M. Schaffers & H.K. Sperling (Eds.), Financiering en belegging: Stand van zaken anno 1986. Rotterdam: Vakgroep Financiering en Belegging van de Erasmusuniversiteit.
- 1985
- Koedijk, C.G. (1985). Evaluatie van technische valutavoorspellingen met behulp van een portefeuillemodel. In W.N. van den Bergh (Ed.), Financiering en belegging: Stand van zaken anno 1985. Rotterdam: Vakgroep Financiering en Belegging van de Erasmusuniversiteit.
Working and/or discussion papers
- 2010
- Dalen, H.P. van, Henkens, K., Koedijk, C.G., & Slager, A.M.H. (2010). Decision Making in the Pension Fund Board Room: An Experiment with Dutch Pension Fund Trustees. (CentER Discussion Paper, 2010-18, 2010-018) pp. 1-39.
Reports (government and other final research reports)
- 2005
- Eijffinger, S.C.W., Koedijk, C.G., & Darvas, Z. (2005). EMU Enlargement to the East and the West. (CEPR/ESI Annual Conferences) pp. 1-74. London: CEPR.
- 1996
- Eichholtz, P.M.A., & Koedijk, C.G. (1996). Pensioenen voor de toekomst: Naar meer keuzevrijheid en transparantie. (Onderzoeksreeks) Rijswijk: Ministerie van Economische Zaken.
- 1987
- Kool, C., & Koedijk, C.G. (1987). Venture capital in the Netherlands.
Conference papers
- 1994
- Koedijk, C.G., Haan, L. de, Jansen, D., & Vries, C. de (1994). Safety first, extreme value theory and long-run asset risks. In J. Galambos (Ed.), Extreme value theory and applications: Proceedings of the conference on extreme value theory and applications, volume 1, Gaithersburg, Maryland, 1993, Dordrecht: Kluwer Academic Publishers.
- 1992
- Koedijk, C.G., Stork, P., & Vries, C. de (1992). Target zones in discrete time. In Franz, Raj, & Wörgötter (Eds.), Studies in empirical economics, Heidelberg: Physica-Verlag.
Other publications
- 2011
- Dalen, H.P. van, & Koedijk, C.G. (2011, February 28). Kritiek op CPB slaat plank mis. Het Financieele Dagblad.
- Dalen, H.P. van, & Koedijk, C.G. (2011, February 28). Kritiek op CPB slaat plank mis. Me Judice.
- 2010
- Dalen, H.P. van, & Koedijk, C.G. (2010, October 12). Hervormen overheid zonder leiderschap is gedoemd te mislukken. MeJudice 3.
- Dalen, H.P. van, & Koedijk, C.G. (2010). De overheid en de strijd tegen de hardnekkige logica van bureaucratisering. Christen Democratische Verkenningen 42-50.
- 2009
- Dalen, H.P. van, & Koedijk, C.G. (2009, June 13). Andere economen gezocht. De Volkskrant.
- 2007
- Dalen, H.P. van, Koedijk, C.G., & Slager, A.M.H. (2007, June 01). Vernieuw de pensioenfondsen nu. Het Financieele Dagblad.
- Dalen, H.P. van, Eijffinger, S.C.W., Hartog, J., Koedijk, C.G., & Witteloostuijn, A. van (2007, March 28). Geef Kamer eigen onderzoeksbureau. NRC Handelsblad 7.
- 2006
- Dalen, H.P. van, & Koedijk, C.G. (2006, November 15). Regeer begrijpelijk en stop de controledrift: Vertrouwen in overheidsbeleid ontstaat alleen door eenvoud. NRC Handelsblad.
- 1999
- Eijffinger, S.C.W., & Koedijk, C.G. (1999). Kabinet misbruikt meevallers. NRC Handelsblad 9.
- 1998
- Eijffinger, S.C.W., & Koedijk, C.G. (1998, November 12). Openheid is voorwaarde voor vertrouwen in Europese Bank. De Volkskrant.