Joop Korteweg

At data.ai, we cultivate an environment where we innovate in people, process and technology. This culture encouraged us to build our latest mobile app, Pulse, in Kotlin Multiplatform. By doing this, we are able to share the majority of the codebase between Android and iOS. As this is cutting-edge technology, which hadn't even reached alpha yet when we started, it was quite a journey. In this post we'll take you along, and share some of the challenges we faced and how we overcame them. And of… Meer weergeven

At data.ai, we cultivate an environment where we innovate in people, process and technology. This culture encouraged us to build our latest mobile app, Pulse, in Kotlin Multiplatform. By doing this, we are able to share the majority of the codebase between Android and iOS. As this is cutting-edge technology, which hadn't even reached alpha yet when we started, it was quite a journey. In this post we'll take you along, and share some of the challenges we faced and how we overcame them. And of course we'll tell you whether it was all worth it. Minder weergeven

Abstract
This study, which is prepared by Policy Department A at the request of the ECON Committee, addresses the implications and economic impact of several scenarios of the UK leaving the EU in relation to financial services, ranging from a ‘hard Brexit’ without any arrangements concerning financial services to the current state of affairs under the terms of a full EU membership. Special focus is put on a peculiar variation of ‘hard Brexit’, which are the third-country regimes in the… Meer weergeven

Abstract
This study, which is prepared by Policy Department A at the request of the ECON Committee, addresses the implications and economic impact of several scenarios of the UK leaving the EU in relation to financial services, ranging from a ‘hard Brexit’ without any arrangements concerning financial services to the current state of affairs under the terms of a full EU membership. Special focus is put on a peculiar variation of ‘hard Brexit’, which are the third-country regimes in the current EU secondary legal framework that allow partial access to the EU single market based on ‘equivalence’ on the basis of decisions by the European Commission or national authorities. The study presents these regimes and the extent to which they were already used in the past. The economic analysis looks at three variations of ‘hard Brexit’ (one, in which the access to the single market is closed, one with partial access based on equivalence and one, in which the City of London is transformed into an ‘offshore financial centre’) and at the scenario, in which the UK joins the EEA. The economic assessment is based on the current state of affairs in relation to the interwovenness of financial services in the EU28 including a closer look at the importance of UK-based clearing of Euro denominated trades. Minder weergeven

Abstract
This paper aims to study the transmission channels of quantitative easing, particularly the relative
importance of the interest rate channel, the credit channel and the risk-taking channel of the policy. It
does so by first estimating the effect of quantitative easing on the interest rate, the external finance
premium and risk tolerance, after which the effects of the interest rate, the external finance premium
and risk tolerance on output are estimated. These three… Meer weergeven

Abstract
This paper aims to study the transmission channels of quantitative easing, particularly the relative
importance of the interest rate channel, the credit channel and the risk-taking channel of the policy. It
does so by first estimating the effect of quantitative easing on the interest rate, the external finance
premium and risk tolerance, after which the effects of the interest rate, the external finance premium
and risk tolerance on output are estimated. These three variables are assumed to be analogous to the
interest rate, credit and risk-taking channels, and thus in this way quantitative easing is traced through
the channels. It is found that the relative importance of the three transmission channels fluctuates
over time. Furthermore, the interest rate channel is found to be generally the most influential
transmission channel of quantitative easing, followed by the credit channel. The risk-taking channel is
found to usually be the least influential transmission channel of quantitative easing. Finally, extended
periods of quantitative easing are found to be a prelude for an increase in the importance of the
interest rate channel and a decrease in the importance of the credit channel. Minder weergeven

The purpose of this paper is to modify the Dornbusch model to make it a suitable tool for analyzing the behavior of the Bitcoin and to attempt to outperform a random walk model in forecasting the Bitcoin/US Dollar exchange rate on the basis of the Root Mean Squared Error and the Theil Inequality Coefficient. It is found that the Dornbusch model in itself is unable to outperform the random walk model in forecasting the Bitcoin/US Dollar exchange rate on the basis of the Root Mean Squared Error… Meer weergeven

The purpose of this paper is to modify the Dornbusch model to make it a suitable tool for analyzing the behavior of the Bitcoin and to attempt to outperform a random walk model in forecasting the Bitcoin/US Dollar exchange rate on the basis of the Root Mean Squared Error and the Theil Inequality Coefficient. It is found that the Dornbusch model in itself is unable to outperform the random walk model in forecasting the Bitcoin/US Dollar exchange rate on the basis of the Root Mean Squared Error and the Theil Inequality Coefficient. However, when the Dornbusch model and the random walk model are combined, the best forecasting performance is obtained. Thus, the Dornbusch model does contain meaningful information which helps to improve the random walk model's forecasting performance Minder weergeven