Prof. dr. Ph.H.B.F. (Philip Hans) Franses

Philip Hans Franses
Dean
Erasmus School of Economics (ESE)
Erasmus University Rotterdam
Fellow ERIM
Affiliated since 1999

Philip Hans Franses is a professor of applied econometrics and a professor of marketing research at the Erasmus School of Economics (ESE).

Professor Franses has been consistently ranked among the top economists in the Netherlands since 1998 by the high-profile ranking Dutch Economists Top 40.

His articles and books have contributed to the internationalisation of econometrics in the Netherlands and to the establishment of the Erasmus School of Economics' Econometric Institute.

Professor Franses' research interests span a number of different areas, in particular the development of new models that enable more accurate forecasts with a specific focus on seasonal time series and marketing metrics. His interests also include economic growth and business cycles as well as the Euro. Professor Franses' research aims to address practical questions with answers substantiated by modern econometric models – models often newly developed by him and his team.

His articles have appeared in all the leading scientific journals and books as well as in national and international mainstream media. He regularly takes part in the Dutch BNR news radio panel. Companies and institutions throughout the Netherlands and abroad have regularly recruited him as an advisor on a range of issues.

Professor Franses was elected in 2011 as member of the Royal Netherlands Academy of Arts and Sciences. In 2012 he received an honorary doctorate from Chiang Mai University in Thailand.

Work in Progress (2)

  • I. Versluis & P.H.B.F. Franses (2013). Low-fat, light, and reduced in calories: Do these claims really lead to an increase in consumption? (Intern rapport, ERS-2013-014-MKT). Rotterdam: ERIM Report Series Research in Management
  • B. de Groot, S. Renes, R. Segers & P.H.B.F. Franses (2012). Risk perception and decision-making by the corporate elite: Empirical evidence for Netherlands-based companies. (Extern rapport). Rotterdam: ERIM Technical report, September 2012, http://hdl.handle.net/1765/37301

Publications (373)

Articles (309)

Books (15)

  • P.H.B.F. Franses (2018). Enjoyable Econometrics. New York: Cambridge University Press
  • P.H.B.F. Franses, D.J.C. van Dijk & A. Opschoor (2014). Time series models for business and economic forecasting, Second revised edition. Cambridge: Cambridge University Press
  • P.H.B.F. Franses (2014). Expert Adjustments of Model Forecasts: Theory, Practice and Strategies for Improvement. Cambridge: Cambridge University Press
  • P.H.B.F. Franses, D.J.C. van Dijk & A. Opschoor (2014). Time Series Models for Business and Economics Forecasting. Cambridge: Cambridge University Press
  • H.P. Boswijk, P.H.B.F. Franses & C. Heij (2008). Voorspellen met modellen (Zebra, 28). Utrecht: Epsilon
  • C. Heij, P.M.C. de Boer, P.H.B.F. Franses, T. Kloek & H.K. van Dijk (2004). Solutions Manual for Econometric Methods with Applications in Business and Economics. Oxford: Oxford University Press
  • P.H.B.F. Franses & R. Paap (2004). Periodic time series models (Advanced texts in econometrics). Oxford: Oxford University Press
  • C. Heij, P.M.C. de Boer, P.H.B.F. Franses, T. Kloek & H.K. van Dijk (2004). Econometric Methods with Applications in Business and Economics. Oxford: Oxford University Press
  • P.H.B.F. Franses (2002). A concise introduction to econometrics; an intuitive guide. Cambridge: Cambridge University Press
  • P.H.B.F. Franses & A.L. Montgomery (2002). Advances in econometrics: Econometric models in marketing. New York: Marcel Dekker
  • P.H.B.F. Franses & A.L. Montgomery (Ed.). (2002). Econometric models in marketing (Advances in Econometrics, 16). Amsterdam: JAI Press
  • P.H.B.F. Franses & R. Paap (2001). Quantitative models in marketing research. Cambridge: Cambridge University Press
  • P.H.B.F. Franses & D.J.C. van Dijk (2000). Non-linear time series models in empirical finance. Cambridge: Cambridge University Press
  • P.H.B.F. Franses (1998). Time series models for business and economic forecasting. Cambridge: Cambridge University Press
  • P.H.B.F. Franses (1996). Periodicity and stochastic trends in economic time series. Oxford: Oxford University Press

Book Contributions (19)

  • P.H.B.F. Franses & D.J.C. van Dijk (2011). GARCH, outliers and forecasting volatility. In G.N. Gregoriou & R. Pascalau (Eds.), Nonlinear Financial Econometrics: Forecasting Models, Computational and Bayesian Models (pp. 136-159). Palgrave-MacMillan
  • F. Ravazzolo, R. Paap, D.J.C. van Dijk & P.H.B.F. Franses (2008). Bayesian model averaging in the presence of structural breaks. In M. Wohar & D.E. Rapach (Eds.), Forecasting in the Presence of Structural Breaks and Model Uncertainty (Frontiers of Economics and Globalization, 3) (pp. 561-594). Bingley: Emerald Group Publishing
  • C.M. Hafner, D.J.C. van Dijk & P.H.B.F. Franses (2006). Semiparametric modelling of correlation dynamics. In D. Terrell & T. Fomby (Eds.), Advances in Econometrics Volume 20 (pp. 59-103). Amsterdam: Elsevier JAI
  • P.H.B.F. Franses (2006). Forecasting in marketing. In Graham Elliott, Clive.W.J. Granger & Allan Timmermann (Eds.), Handbook of Economic Forecasting (Handbooks in economics,ISSN 1574-0706, vol.1) (pp. 983-1012). Amsterdam: North Holland
  • D. Fok, P.H.B.F. Franses & R. Paap (2006). Performance of seasonal adjustment procedures: simulation and empirical results. In T.C. Mills & K. Patterson (Eds.), Palgrave Handbook of Econometrics, Volume 1, Econometric Theory (pp. 1035-1055). Basingstoke: Palgrave MacMillan
  • R. Eisinga, P.H.B.F. Franses & B. Pelzer (2004). Ecological panel inference from repeated cross sections. In G. King, O. Rosen & M. Tanner (Eds.), Ecological Inference: New Methodological Strategies (pp. 188-205). Cambridge: Cambridge University Press
  • D. Fok, P.H.B.F. Franses & R. Paap (2002). Econometric analysis of the market share attraction model. In P.H.B.F. Franses & A.L. Montgomery (Eds.), Advances in econometrics: Econometric models in marketing, chapter 10 (Advances in Econometrics, 16) (pp. 223-256). Amsterdam: JAI Press
  • P.H.B.F. Franses & R. Paap (2002). Forecasting with periodic autoregressive time-series models. In M.P. Clements & D.F. Hendry (Eds.), A companion to economic forecasting (pp. 432-452). Oxford: Blackwell Publishers Ltd
  • P.H.B.F. Franses & A.L. Montgomery (2002). Econometric models in marketing: editors' introduction. In P.H.B.F. Franses & A.L. Montgomery (Eds.), Econometric models in marketing (Advances in Econometrics, 16) (pp. 1-9). Amsterdam: JAI Press
  • P.H.B.F. Franses, J.C. Hoekstra & P.C. Verhoef (2001). De invloed van tevredenheid op cross-buying - Koppeling vragenlijst data met de ontwikkelingen in het marktonderzoek. In A.E. Bronner, P. Dekker, J.C. Hoekstra, E. de Leeuw, W.F. van Raaij, K. de Ruyter & A. Smidts (Eds.), Ontwikkelingen in het Marktonderzoek, Jaarboek 2001 MarktonderzoekAssociatie (MarktOnderzoek Associatie) (pp. 58-73)
  • P.H.B.F. Franses (1999). Periodicity and structural breaks in environment time seies. In S. Mahendrarajah, A.J. Jakeman & M. McAleer (Eds.), Modelling change in integrated economic and environmental systems (pp. 45-62). Chichester: John Wiley & Sons
  • N. Swanson & P.H.B.F. Franses (1999). Nonlinear econometric modelling: a select review. In P. Rothman (Ed.), Nonlinear Time Series Analysis of Economic and Financial Data (pp. 87-109). Boston: Kluwer Academic Publishers
  • R. Eisinga, P.H.B.F. Franses & D.J.C. van Dijk (1998). Timing of vote decision in first and second order Dutch elections, 1978-1995: evidence from artificial neural networks. In W.R. Mebane (Ed.), Political analysis (pp. 117-142). Ann Arbor: University of Michigan Press
  • P.H.B.F. Franses (1998). Modelling seasonality in economic time series. In Aman Ullah & David.E.A. Giles (Eds.), Handbook of applied economic statistics (pp. 553-557). New York: Marcel Dekker Inc.
  • P.H.B.F. Franses & D.J.C. van Dijk (1997). Comment on smooth transition models by T. Terasvirta. In Chr. Heij, H. Schumacher, B. Hanzon & K. Praagman (Eds.), System dynamics in economic and financial models (Financial Economics and Quantitative Analysis) (pp. 125-127). Chichester: John Wiley & Sons
  • P.H.B.F. Franses (1997). Comment on the relationship between money and prices: an econometric appraisal based on cointegration and causality, by M. Funke , S.G. Hall and M. Beeby. In Chr. Heij, H. Schumacher, B. Hanzon & K. Praagman (Eds.), System Dynamics in Economic and Financial Models (Financial Economics and Quantitative Analysis) (pp. 263-265). Chichester: John Wiley & Sons
  • P.H.B.F. Franses (1997). Econometrische analyse van grote bedrijfs-economische gegevensbestanden. In G. Stemerdink (Ed.), Verborgen Rijkdom (pp. 116-139). Voorburg: Centraal Bureau voor de Statistiek
  • P.H.B.F. Franses (1997). Veelzijdigheid, auto's en precisie. In H.K. Dijk, R. Harkema, P. Kooiman & P.C. Schotman (Eds.), Kritisch & Constructief, 40 jaar grensverkenningen in de econometrie (NUGI, 681) (pp. 145-153). Rotterdam: EUR
  • P.H.B.F. Franses (1994). Nonlinearity and forecasting aspects of periodically integrated autoregressions. In J. Grasman & G. van Straten (Eds.), Predictability and nonlinear modelling in natural sciences and economics (pp. 312-321). Dordrecht: Kluwer

Professional Publications (30)

  • R. Segers, P.H.B.F. Franses & L.P. de Bruijn (2014). Een vertrouwensindicator voor en door economen. Economisch-Statistische Berichten, 99, 374-377.
  • D. Bodeutsch & P.H.B.F. Franses (2014). Size and Value Effects in Suriname. (Intern rapport, EI reprint reeks, no EI-1620). Rotterdam: Econometric Institute
  • P.H.B.F. Franses (2014). Evaluating CPB's Forecasts. (Intern rapport, EI reprint reeks, no EI-1621). Rotterdam: Econometric Institute
  • R. Legerstee & P.H.B.F. Franses (2013). Do Experts' SKU Forecasts Improve after Feedback? (Intern rapport, EI reprint serie, no EI-1611). Rotterdam: Econometric Institute
  • E.A. de Groot & P.H.B.F. Franses (2011). EICIE, eerste kwartaalbericht. Economisch-Statistische Berichten.
  • E.A. de Groot & P.H.B.F. Franses (2011). EICIE, vierde kwartaalbericht. Economisch-Statistische Berichten.
  • E.A. de Groot & P.H.B.F. Franses (2011). EICIE, tweede kwartaalbericht. Economisch-Statistische Berichten.
  • M. Van Diepen, B. Donkers & P.H.B.F. Franses (2011). Stijgen de inkomsten van goede doelen als ze vaker om een gift vragen? Inzichten van een veldexperiment. Ontwikkelingen in het Marktonderzoek / Jaarboek MOA, 2011 (5), 81-96.
  • E.A. de Groot & P.H.B.F. Franses (2011). EICIE, derde kwartaalbericht. Economisch-Statistische Berichten.
  • E.A. de Groot & P.H.B.F. Franses (2010). EICIE, derde kwartaalbericht. Economisch-Statistische Berichten.
  • E.A. de Groot & P.H.B.F. Franses (2010). EICIE, tweede kwartaalbericht. Economisch-Statistische Berichten.
  • E.A. de Groot & P.H.B.F. Franses (2010). EICIE, eerste kwartaalbericht. Economisch-Statistische Berichten.
  • E.A. de Groot & P.H.B.F. Franses (2010). EICIE, vierde kwartaalbericht. Economisch-Statistische Berichten.
  • P.H.B.F. Franses (2010). Niks aan het handje in 2011. Economisch-Statistische Berichten, 95 (4600), 781-782.
  • E.A. de Groot & P.H.B.F. Franses (2009). EICIE, tweede kwartaalbericht. Economisch-Statistische Berichten.
  • E.A. de Groot & P.H.B.F. Franses (2009). EICIE, derde kwartaalbericht. Economisch-Statistische Berichten.
  • E.A. de Groot & P.H.B.F. Franses (2009). EICIE, eerste kwartaalbericht. Economisch-Statistische Berichten.
  • E.A. de Groot & P.H.B.F. Franses (2009). EICIE, vierde kwartaalbericht. Economisch-Statistische Berichten.
  • E.A. de Groot & P.H.B.F. Franses (2008). EICIE, tweede kwartaalbericht. Economisch-Statistische Berichten.
  • E.A. de Groot & P.H.B.F. Franses (2008). EICIE, derde kwartaalbericht. Economisch-Statistische Berichten.
  • E.A. de Groot & P.H.B.F. Franses (2008). EICIE, eerste kwartaalbericht. Economisch-Statistische Berichten.
  • C. Heij, P.H.B.F. Franses & L.H.J. Eelens (2008). Stijgende verwachtingen, dalende cijfers: Over trends in zelfvertrouwen en prestaties van universitaire studenten. Tijdschrift voor Hoger Onderwijs, 26 (4), 216-228.
  • E.A. de Groot & P.H.B.F. Franses (2008). EICIE, vierde kwartaalbericht. Economisch-Statistische Berichten.
  • B. Karsemeijer, P.H.B.F. Franses & M. van de Velden (2007). Saaie Winkelstraten. Economisch-Statistische Berichten, 746.
  • M. van Diepen, B. Donkers & P.H.B.F. Franses (2006). Dynamic and Competitive Effects of Direct Mailings. (Intern rapport, ERIM Report Series, no 050-MKT). 3000 DR Rotterdam: ERIM
  • B. Donkers, P.H.B.F. Franses & P.C. Verhoef (2003). Steekproeftrekking bij Onderzoek naar Zeldzame Uitkomsten. In A A (Ed.), Jaarboek Marktonderzoek Associatie (pp. 221-231). A: A
  • P.H.B.F. Franses (2003). Recessie gaat over in expansie. Marketing Tribune, 44-45.
  • P.H.B.F. Franses (2001). How to deal with intercept and trend in practical cointegration analysis? Applied Economics, 33 (5), 577-580.
  • P.H.B.F. Franses (2001). Do the Nobel Prize laureates in Economics (2000) have anything to do with database marketing? Yes, they have! Marketing News (of the American Marketing Association), March 12 (Issue), 14-14.
  • P.H.B.F. Franses (1994). Long-range forecasts in marketing. Tijdschrift voor Marketing.

PhD Tracks (20)

Dynamics and Competition in Charitable Giving
  • Role: Promotor
  • PhD Candidate: Merel van Diepen
  • Time frame: 2004 - 2009
Essays on Some Recent Penalization Methods with Applications in Finance and Marketing
  • Role: Member Doctoral Committee
  • PhD Candidate: Georgi Nalbantov
  • Time frame: 2004 - 2008
System Markets: Indirect Network Effects in Action, or Inaction?
  • Role: Member Doctoral Committee
  • PhD Candidate: Jeroen Binken
  • Time frame: 2003 - 2010
Modeling Consumer Adoption and Usage of Value-Added Mobile Services
  • Role: Promotor
  • PhD Candidate: Remco Prins
  • Time frame: 2003 - 2008
Essays of the dynamic portfolio choice
  • Role: Member Doctoral Committee
  • PhD Candidate: Anna Gutkowska
  • Time frame: 2001 - 2006
On Crises, Crashes and Comovements
  • Role: Member Doctoral Committee
  • PhD Candidate: Erik Kole
  • Time frame: 2001 - 2006
The Effects of the Internet, Recommendation Quality and Decision Strategies on Consumer Choice
  • Role: Promotor
  • PhD Candidate: Björn Vroomen
  • Time frame: 2000 - 2006
Advanced Econometric Marketing Models
  • Role: Promotor
  • PhD Candidate: Dennis Fok
  • Time frame: 1999 - 2003
Dealing with Derivatives. Studies on the role, informational content and pricing of financial derivatives
  • Role: Member Doctoral Committee
  • PhD Candidate: Cyriel de Jong
  • Time frame: 1999 - 2003
Knowledge Discovery and Monotonicity
  • Role: Member Doctoral Committee
  • PhD Candidate: Viara Popova
  • Time frame: 1999 - 2004
Reliability and Rankings
  • Role: Promotor
  • PhD Candidate: Kar Yin Lam
  • Time frame: 2006 - 2011
The Effectiveness of Pharmaceutical Marketing
  • Role: Member Doctoral Committee
  • PhD Candidate: Eelco Kappe
  • Time frame: 2006 - 2011
Marketing Modeling for New Products
  • Role: Promotor
  • PhD Candidate: Carlos Hernandez Mireles
  • Time frame: 2006 - 2010
Econometric Advances in Diffusion Models
  • Role: Promotor
  • PhD Candidate: Yuri Peers
  • Time frame: 2007 - 2011
Analysis of Sales Promotion Effects on Household Purchase Behavior
  • Role: Member Doctoral Committee
  • PhD Candidate: Linda Teunter
  • Time frame: 1995 - 2002
Incongruity between Ads and Consumer Expectations of Advertising
  • Role: Member Doctoral Committee
  • PhD Candidate: Joost Loef
  • Time frame: 1999 - 2002
Empirical studies on the economic impact of trust
  • Role: Promotor
  • PhD Candidate: Ruben de Bliek
  • Time frame: 2011 - 2015
Prevention of the Portion Size Effect
  • Role: Promotor
  • PhD Candidate: Iris Versluis
  • Time frame: 2012 - 2016
Marketing Analytics for High-Dimensional Assortments
  • Role: Member Doctoral Committee
  • PhD Candidate: Bruno Jacobs
  • Time frame: 2012 - 2017
Reading between the lines: empirical studies on the relation between user-generated content and marketing
  • Role: Promotor
  • PhD Candidate: Myrthe van Dieijen
  • Time frame: 2014 -

Events (5)

2017
May
12
Workshop on Statistical Learning and Econometrics
Research Workshop
As: Coordinator
2011
January
17
ERIM Research Clinic: Modern Marketing Models
ERIM Research Clinic
As: Speaker
2010
March
29
ERIM Research Clinic: Marketing Models
ERIM Research Clinic
As: Speaker
2009
October
29
ERIM's Second Lustrum: 'Dual impact of management research'
Institute Event
As: Speaker
2006
June
14
Princeton University Press / Econometric Institute (PUP/EI) Lectures Series
Research Seminar
As: Speaker

Awards (2)

  • ERIM Praeceptor Doctorum Celeberrimus Award (2011)
  • ERIM Book Award (2003)

Address

Visiting address

Office: Tinbergen Building H11-34
Burgemeester Oudlaan 50
3062 PA Rotterdam

Postal address

Postbus 1738
3000 DR Rotterdam
Netherlands

Work in progress

I. Versluis & P.H.B.F. Franses (2013). Low-fat, light, and reduced in calories: Do these claims really lead to an increase in consumption? (Intern rapport, ERS-2013-014-MKT). Rotterdam: ERIM Report Series Research in Management

B. de Groot, S. Renes, R. Segers & P.H.B.F. Franses (2012). Risk perception and decision-making by the corporate elite: Empirical evidence for Netherlands-based companies. (Extern rapport). Rotterdam: ERIM Technical report, September 2012, http://hdl.handle.net/1765/37301

Latest publication

P.H.B.F. Franses (2018). Enjoyable Econometrics. New York: Cambridge University Press