Gerard A. Pfann

Research Fellow

Maastricht University

Gerard Pfann is professor of econometrics at the School of Business & Economics of Maastricht University and Guest Professor at the Swedish Institute of Social Studies at Stockholm University. Gerard developed a novel multi-disciplinary research methodology, called The Informed-Observer Approach to Decision Making in Firms, which combines in-depth interviews with firms’ decision makers, employee surveys, internal company data, data analytics combined with empirical micro-econometrics, aiming to improve the reality in the modeling of firms’ dynamic decision-making processes. A 5-years appointment as Akademie Onderzoeker granted by the Koninklijke Nederlandse Akademie van Wetenschappen enabled him to develop this research methodology. The Netherlands Research Council awarded the Informed-Observer Approach with the NWO-PIONIER grant, which led to the foundation of the Business Investment Research Center (BIRC) at Maastricht University. Gerard Pfann is the founding editor of the Journal of Empirical Finance. He acted as Editor-in-Chief for the European Economic Review for more than a decade.

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IZA Publications

IZA Discussion Paper No. 867
published in: Journal of Population Economics, 2004, 17 (2), 193-228
IZA Discussion Paper No. 565
published as 'Exit and Survival in a Concentrating Industry: The Case of Daily Newspapers in the Netherlands' in: Review of Industrial Organization, 2002, 21 (3), 283-303
IZA Discussion Paper No. 499
published in: Journal of Law and Economics, 2003, 46 (1), 61-84
IZA Discussion Paper No. 312
Carina Furnée, Marius Kemler, Gerard A. Pfann
published in: De Economist, 2003, 151 (2), 171-192
IZA Discussion Paper No. 308
published as 'Two-Sided Learning with Applications to Labor Turnover and Worker Displacement' in: Jahrbücher für Nationalökonomie und Statistik, 2008, 228 (5-6), 423 - 445
IZA Discussion Paper No. 307
revised version published as 'Downsizing and Heterogeneous Firing Costs' in: Review of Economics and Statistics, 2006, 88 (1), 158-170
IZA Discussion Paper No. 201
revised version published in: European Economic Review, 2004, 48 (3), 645-663
IZA Discussion Paper No. 197
published in: Economics Letters, 2001, 70 (2), 59-265
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