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

Full Professor
Erasmus School of Economics
Erasmus University Rotterdam
Fellow ERIM
Field: Marketing
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.

  • Versluis, I. & Franses, P.H.B.F. (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.
  • Groot, B. de, Renes, S., Segers, R. & Franses, P.H.B.F. (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.
  • Franses, P.H.B.F., Dijk, D.J.C. van & Opschoor, A. (2014). Time Series Models for Business and Economics Forecasting. Cambridge: Cambridge University Press.
  • Franses, P.H.B.F. (2014). Expert Adjustments of Model Forecasts: Theory, Practice and Strategies for Improvement. Cambridge: Cambridge University Press.
  • Franses, P.H.B.F., Dijk, D.J.C. van & Opschoor, A. (2014). Time series models for business and economic forecasting, Second revised edition. Cambridge: Cambridge University Press.
  • Boswijk, H.P., Franses, P.H.B.F. & Heij, C. (2008). Voorspellen met modellen (Zebra, 28). Utrecht: Epsilon.
  • Heij, C., Boer, P.M.C. de, Franses, P.H.B.F., Kloek, T. & Dijk, H.K. van (2004). Solutions Manual for Econometric Methods with Applications in Business and Economics. Oxford: Oxford University Press.
  • Franses, P.H.B.F. & Paap, R. (2004). Periodic time series models (Advanced texts in econometrics). Oxford: Oxford University Press.
  • Heij, C., Boer, P.M.C. de, Franses, P.H.B.F., Kloek, T. & Dijk, H.K. van (2004). Econometric Methods with Applications in Business and Economics. Oxford: Oxford University Press.
  • Franses, P.H.B.F. (2002). A concise introduction to econometrics; an intuitive guide. Cambridge: Cambridge University Press.
  • Franses, P.H.B.F. & Montgomery, A.L. (2002). Advances in econometrics: Econometric models in marketing. New York: Marcel Dekker.
  • Franses, P.H.B.F. & Montgomery, A.L. (Eds.). (2002). Econometric models in marketing (Advances in Econometrics, 16). Amsterdam: JAI Press.
  • Franses, P.H.B.F. & Paap, R. (2001). Quantitative models in marketing research. Cambridge: Cambridge University Press.
  • Franses, P.H.B.F. & Dijk, D.J.C. van (2000). Non-linear time series models in empirical finance. Cambridge: Cambridge University Press.
  • Franses, P.H.B.F. (1998). Time series models for business and economic forecasting. Cambridge: Cambridge University Press.
  • Franses, P.H.B.F. (1996). Periodicity and stochastic trends in economic time series. Oxford: Oxford University Press.
  • Franses, P.H.B.F. & Dijk, D.J.C. van (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.
  • Ravazzolo, F., Paap, R., Dijk, D.J.C. van & Franses, P.H.B.F. (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.
  • Hafner, C.M., Dijk, D.J.C. van & Franses, P.H.B.F. (2006). Semiparametric modelling of correlation dynamics. In D. Terrell & T. Fomby (Eds.), Advances in Econometrics Volume 20 (pp. 59-103). Amsterdam: Elsevier JAI.
  • Franses, P.H.B.F. (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.
  • Fok, D., Franses, P.H.B.F. & Paap, R. (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.
  • Eisinga, R., Franses, P.H.B.F. & Pelzer, B. (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.
  • Fok, D., Franses, P.H.B.F. & Paap, R. (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.
  • Franses, P.H.B.F. & Paap, R. (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.
  • Franses, P.H.B.F. & Montgomery, A.L. (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.
  • Franses, P.H.B.F., Hoekstra, J.C. & Verhoef, P.C. (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).
  • Franses, P.H.B.F. (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.
  • Swanson, N. & Franses, P.H.B.F. (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.
  • Eisinga, R., Franses, P.H.B.F. & Dijk, D.J.C. van (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.
  • Franses, P.H.B.F. (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..
  • Franses, P.H.B.F. & Dijk, D.J.C. van (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.
  • Franses, P.H.B.F. (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.
  • Franses, P.H.B.F. (1997). Econometrische analyse van grote bedrijfs-economische gegevensbestanden. In G. Stemerdink (Ed.), Verborgen Rijkdom (pp. 116-139). Voorburg: Centraal Bureau voor de Statistiek.
  • Franses, P.H.B.F. (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.
  • Franses, P.H.B.F. (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.
  • Segers, R., Franses, P.H.B.F. & Bruijn, L.P. de (2014). Een vertrouwensindicator voor en door economen. Economisch-Statistische Berichten, 99, 374-377.
  • Bodeutsch, D. & Franses, P.H.B.F. (2014). Size and Value Effects in Suriname. (Intern rapport, EI reprint reeks, no EI-1620). Rotterdam: Econometric Institute.
  • Franses, P.H.B.F. (2014). Evaluating CPB's Forecasts. (Intern rapport, EI reprint reeks, no EI-1621). Rotterdam: Econometric Institute.
  • Legerstee, R. & Franses, P.H.B.F. (2013). Do Experts' SKU Forecasts Improve after Feedback? (Intern rapport, EI reprint serie, no EI-1611). Rotterdam: Econometric Institute.
  • Van Diepen, Merel, Donkers, B. & Franses, P.H.B.F. (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.
  • Karsemeijer, B., Franses, P.H.B.F. & Velden, M. van de (2007). Saaie Winkelstraten. Economisch-Statistische Berichten, 746.
  • Diepen, M. van, Donkers, B. & Franses, P.H.B.F. (2006). Dynamic and Competitive Effects of Direct Mailings. (Intern rapport, ERIM Report Series, no 050-MKT). 3000 DR Rotterdam: ERIM.
  • Donkers, B., Franses, P.H.B.F. & Verhoef, P.C. (2003). Steekproeftrekking bij Onderzoek naar Zeldzame Uitkomsten. In A A (Ed.), Jaarboek Marktonderzoek Associatie (pp. 221-231). A: A.
  • Franses, P.H.B.F. (2003). Recessie gaat over in expansie. Marketing Tribune, 44-45.
  • Franses, P.H.B.F. (2001). How to deal with intercept and trend in practical cointegration analysis? Applied Economics, 33 (5), 577-580.
  • Franses, P.H.B.F. (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.
  • Franses, P.H.B.F. (1994). Long-range forecasts in marketing. Tijdschrift voor Marketing.
Iris Versluis

Prevention of the Portion Size Effect

Ruben de Bliek

Empirical studies on the economic impact of trust

Heleen Mees

Changing Fortunes – How China’s Boom Caused the Financial Crisis

  • Role: Promotor
  • PhD Candidate: Heleen Mees
  • Time frame: 2009 - 2012
Yuri Peers

Econometric Advances in Diffusion Models

  • Role: Promotor
  • PhD Candidate: Yuri Peers
  • Time frame: 2007 - 2011
Kar Yin Lam

Reliability and Rankings

  • Role: Promotor
  • PhD Candidate: Kar Yin Lam
  • Time frame: 2006 - 2011
Carlos Hernandez Mireles

Marketing Modeling for New Products

Merel van Diepen

Dynamics and Competition in Charitable Giving

Remco Prins

Modeling Consumer Adoption and Usage of Value-Added Mobile Services

  • Role: Promotor
  • PhD Candidate: Remco Prins
  • Time frame: 2003 - 2008
Bert de Groot

Essays on Economic Cycles

Jeanine Kippers

Empirical Studies on Cash Payments

Dennis Fok

Advanced Econometric Marketing Models

  • Role: Promotor
  • PhD Candidate: Dennis Fok
  • Time frame: 1999 - 2003
  • ERIM Praeceptor Doctorum Celeberrimus Award (2011)

    Details

  • ERIM Book Award (2003)

    Details


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

Versluis, I. & Franses, P.H.B.F. (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.
Groot, B. de, Renes, S., Segers, R. & Franses, P.H.B.F. (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

Donkers, B., Diepen, M. van & Franses, P.H.B.F. (2016). Do charities get more when they ask more often? Evidence from a unique field experiment. Journal of Socio-economics, forthcomin.