Gerard A. Pfann

Research Fellow

Maastricht University

Gerard Pfann is professor of econometrics of markets and organizations at Maastricht University. And he is
* guest professor at the Swedish Institute for Social Research (SOFI) at Stockholm University;
* research fellow of the CEPR in London, CESifo in München, and IZA in Bonn;
* supervisory board member of the Duitsland Instituut at the University of Amsterdam (DIA); and
* recipient of the Edmond Hustinx Science Prize, the J. William Fulbright Award, and the Emerald Citations of Excellence.



IZA Discussion Paper No. 11264

This paper studies the effects of the G8 high school reform in Germany. The reform reduced minimum duration to obtain a high school degree (Abitur) from 9 to 8 years. First, we present a simple model based on a CES technology with heterogeneous inputs to conjecture possible effects of a...

IZA Discussion Paper No. 9155

This paper studies the event history of business foundation. Three theoretical concepts of human, financial and social capital are linked to investigate variations over time of people's decision processes to become self-employed. Data from a cohort of Dutch inhabitants born in 1939/1940 who have been interviewed three times during their...

IZA Discussion Paper No. 9148

Dismissal disputes occur mostly in recessions and often lead to long and costly contract termination procedures. This paper investigates how dispute procedures may affect the job-matching process. First we present a simple accounting frame- work that corresponds with general dismissal legislation, but is sufficiently flexible to accommodate country-specific legislation. Detailed...

IZA Discussion Paper No. 7476

We study empirically whether there is scope for parents to shape the economic preferences and attitudes of their children through purposeful investments. We exploit information on the risk and trust attitudes of parents and their children, as well as rich information about parental efforts in the upbringing of their children...

IZA Discussion Paper No. 5982
published as Leading Article in: Michael Szenberg and Lall.Ram (eds.): Secrets of Economics Editors, MIT Press, 2014

This story describes the circumstances that led to all five of us starting as editors at the same time, the unexpected things we have found, the unanticipated reactions we have encountered, how we worked as an editorial team, the central role of the editorial office manager, how we managed to...

IZA Discussion Paper No. 5794
published in: Applied Economics, 2013, 45 (13), 1719-1729

In this paper we study the joint decision process of changing the structure of jobs and laying off individual workers in a firm that downsizes its workforce. A hierarchical decision model is proposed and estimated using personnel data from a firm in demise comparing the characteristics of the individual workers...

IZA Discussion Paper No. 5359
revised version published in: Review of Economics and Statistics, 2014, 96 (5), 986-998

A structural model is developed and estimated by a maximum likelihood routine to investigate interrelated factor demand subject to nonconvex adjustment costs. The dataset concerns Norwegian plants operating in manufacturing industries and it covers the period 1993-2005. The estimates indicate that it is advantageous to adjust the stock of labour...

IZA Discussion Paper No. 4610
published as 'Reputation and Earnings: The Roles of Quality and Quantity in Academe' in: Economic Inquiry, 2012, 50 (1), 1 - 16

We develop a theory of the market for individual reputation, an indicator of regard by one’s peers and others. The central questions are: 1) Does the quantity of exposures raise reputation independent of their quality? and 2) Assuming that overall quality matters for reputation, does the quality of an individual’s...

IZA Discussion Paper No. 1132
published in: Oxford Bulletin of Economics and Statistics, 2010, 72 (3), 263-280

The empirical identification of non-linearities in investment relies on how investment is assumed to be separated into various regimes. Using German establishment-level panel data, we estimate a two-regime model of replacement and expansion investment which allows us to observe regime separation, an aspect of the data that is typically absent...

IZA Discussion Paper No. 867
published in: Journal of Population Economics, 2004, 17 (2), 193-228

The research area of the new economics of personnel has a short but important and insightful history. Theory ahead of measurement asks for testing newly developed human resource concepts. These tests often need detailed firm-specific data. Repetition and comparison of results is key in finding out what holds true in...