Department of Econometrics and Operations Research

Welcome to the Department of Econometrics and Operations Research. We are a group of driven researchers striving for science with purpose by pushing the academic frontier and publishing in the top international outlets in our field. We like to collaborate with outside partners to link academic advancement with real world problems. Our teaching mission is to empower students with the methodological skills and continuing curiosity to contribute to solving today’s challenges in business and economics. Read more about our BSc in Econometrics and Operations Research, our BSc specialization in Econometrics and Data Science, our MSc in Econometrics and Operations Research and our minor programme Applied Econometrics.

André LucasAndré Lucas
Department chair
Contact: a.lucas@vu.nl




News

Julia Schaumburg awarded The Eagle Prize

JournalofFinancialEconometrics

Julia Schaumburg was awarded the “Engle Prize” from the Journal of Financial Econometrics for her 2016 article “Beyond dimension two: A test for higher-order tail risk”. The journal awards this prize to a young scholar who published the best article over the preceding three years. The prize comes with an award of $1500.

(September 2019)


NWO Open Competition grant for Andre Lucas

NWOlogoAndre Lucas received an Open Competition grant (250k) from NWO for a PhD student on Dynamic clustering for business model identification and financial stability. The project aims to develop new methodology to study the dynamics of financial business models and their convergence/divergence in times of stress and under non-standard monetary policies. The results will be applied to the European banking sector and will be developed in a network that involves prime regulatory players such as the ECB and BIS as well as national central banks.

(July 2019)


Paper accepted to the Journal of Econometrics

Jornal of EconometricsExpected utility and catastrophic risk in a stochastic economy–climate model by Jan Magnus is accepted to the Journal of Econometrics.

(June 2019)


Vidi grant for Chico Blasques

Photo of F. Blasques Albergaria AmaralThe Netherlands Organisation for Scientific Research has awarded Francisco Blasques a Vidi grant for his research "Econometric methods for incorrect models". Econometric models offer simplistic and stylized representations of vastly complex economies. Statistical methods used in econometrics are designed to be reliable and efficient only when the model provides a perfect description of reality. This project investigates new econometric methods that are optimal in situations when the model is not perfect.!

(May 2019)

Econometrics Summer Workshop August 2019

Beach The Econometrics Summer Workshop to be held on Wednesday, Aug. 21 - Friday, Aug. 30 2019 is now open for registration! Are you a student entering the Econometrics Master or a PhD student, and interested in attending a summer workshop covering all the basic econometrics methods and tools for analyzing both cross-sectional and time-series data? Then please find more details and register for the course here!

(May 2019)

Junior and senior faculty positions

banner We are looking for new colleagues to accommodate our growth. Are you enthusiastic about Econometrics and Data Science? Then we invite you to apply for our junior or senior positions. Read more.

(October 2018)

 

Master Econometrics and Operations Research rated as Top Programme

TopRatedProgrammeMa2019

In the Masters selection guide 2019, students rate the Master programme in Econometrics and Operations Research as Top Programme. 

The Masters selection guide 2019 is published by the Centre for Higher Education Information to help students choose a master's programme. 

On Saturday, March 9th, the VU Master’s Day will take place. On this day, you’re introduced to our master programme
Econometrics and Operations Research. For the complete programme and registration, please visit masters.vu.nl.

(March 2019)

Two professors EOR in top 10 of ESB Economentop 40

SiemJan_AndreSiem Jan Koopman (4) and  Andre Lucas (8) are in the Top 10 of this year's Top 40 of Economists in The Netherlands. The Economentop 40 is published annually by Economisch Statistische Berichten (ESB). Ten researchers of Vrije Universiteit Amsterdam are in the Economists top 40, from which nine members are affiliated with the School of Business and Economics. You can read the entire article (in Dutch)  here.

(December 2018)



Farewell Symposium prof. Gerrit Timmer

Gerrit_Timmer

On 31 October, professor Gerrit Timmer retired from the Vrije Universiteit Amsterdam. Besides being CEO of Ortec, he was more than 25 years professor of Bedrijfseconometrie at the department of Econometrics and Operations Reseach. In honour of his retirement we organize the symposium “Is Data Science the new Operations Research” on 31 January 2019, to be held in the Auditorium of Symphony Building in Amsterdam from 2:00 - 6:30 pm. For the programme and registration click here.

(December 2018)



Bachelor programmes awarded ‘Top Rated Programme’ distinction

TopRatedProgramme

In the 2019 Keuzegids Universiteiten, students of the bachelor’s programmes in Econometrics and Operations Research and Econometrics and Operations Research: Econometrics and Data Science at VU Amsterdam assessed our programme as the best in its field of study!

(November 2018)



Paper forthcoming in Journal of Financial Econometrics

JournalofFinancialEconometrics

Fractional Integration and Fat Tails for Realized Covariance Kernels and Returns by Andre Lucas is forthcoming in Journal of Financial Econometrics .


(November 2018)



SBE Diversity Fund awarded to Siem Jan Koopman

Nieuw: Component

Siem Jan Koopman received financial support from the diversity fund of the School of Business and Economics. The fund is established to increase gender diversity among academic personnel and support talented female researchers in their academic career development. Janneke van Brummelen, VU EOR alumna and current Tinbergen Institute MPhil student will be hired to conduct research during Spring 2019 under the supervision of Siem Jan Koopman.

(November 2018)


Paper accepted to the Journal of Applied Econometrics

JournalofAppliedEconometrics

CCE Estimation of Factor‐Augmented Regression Models with more Factors than Observables  by Hande Karabiyik is accepted to the Journal of Applied Econometrics.

(November 2018)




VIDI grant for Neil Olver

Neil OlverNeil Olver has started his Vidi grant (€800.000) by NWO for his research ‘Usable algorithms for network optimization’. Networks of many kinds have been growing in size and importance. The same mathematical problems about efficiently designing and utilizing networks occur in many different contexts. This project will uncover new algorithms for these problems that are faster, more accurate and more revealing. He is an Assistant Professor in the Department of Econometrics and Operations Research.

(October 2018)

VENI grant for Geert Mesters

mestersGeert Mesters has started his Veni Grant by NWO for his research ‘Testing Networks’. Network structures have large implications for aggregate output in economics and financial stability in finance. A key difficulty is that these networks are typically not observed. In this research we develop methodology that facilitates testing different network structures that are estimated from large time series panels. He is assistant professor at the Universitat Pompeu Fabra in Barcelona and will conduct his Veni research at the Department of Econometrics and Operations Research.

(September 2018)

Forthcoming paper in Social Choice and Welfare

scw The paper ‘A Bargaining Experiment with Asymmetric Institutions and Preferences’ by Harold Houba is forthcoming in the journal Social Choice and Welfare. Read paper .

(September 2018)

Paper accepted to Environmental Modelling & Software

ems The paper 'Implementation of stochastic multi attribute analysis (SMAA) in comparative environmental assessments' co-authored by Reinout Heijungs has been accepted to Environmental Modelling & Software.

(August 2018)


Ilka van de Werve Fellow at NCSR

werve Since July, Ilka van de Werve is a fellow of the Life-course Cluster at The Netherlands Institute for the Study of Crime and Law Enforcement (NSCR). Read more .

(July 2018)

Julia Schaumberg awarded a Lamfalussy Fellowship

schaumberg In April Julia Schaumburg was awarded a Lamfalussy Fellowship by the European Central Bank for her proposal "Networking the Yield Curve". Read more .

(April 2018)