In the nineties, the number of currency crises has been high, both in the industrial world and among emerging countries. An important characteristic of many of these crises is that they started in one country but very soon affected others as well. Currency crises seemed to be contagious. In this...

This Master thesis investigates the semi-parametric estimation method Maximum Score of Manski (1988) that can be used to estimate binary choice models. This method only asumes that the median of the disturbances of the econometric model takes the value zero. We compare Maximum Score with the...

Dutch media often pay a lot of attention to small and medium-sized enterprises (SMEs). They are considered to be the engine of the Dutch job industry and therefore deserve our attention. In this study we highlight the role the Dutch SMEs play in the Dutch economy. This study's first objective is...