Financial markets

We offer independent research and clear conclusions in the field of financial markets and finance questions.

Our researchers combine a scientific approach with targeted and practical conclusions and solutions. Their work is regularly published in scientific and professional journals in the field of financial markets and finance.

Monitoring and Evaluation of Financial and Governance Instruments

What are the effects of policy? Monitoring and evaluation are important methods to determine whether policy works and to see if it has the desired effects. This may concern financial instruments that offer incentive for certain objectives, such as financing for innovation, or more generic financial instruments such as microcredits aimed at SMEs. We offer support through a more qualitative evaluation of these kinds of instruments but also through econometric analyses of the effects. To this end, we use advanced econometric techniques and recent insights from scientific economic literature.

Other instruments focus more on influencing behaviour by coordination and agreements, such as many Codes of Conduct do in the financial sector (pension funds, banks, insurance companies). We have a lot of experience with monitoring the workings of such Codes for various sector organisations in the financial industry and for the government. We gladly share our thoughts on the possibilities of increasing the effectiveness of such instruments and we also offer advice in this field.

Impact Studies on Financial and Fiscal Regulation and Marketing Research

What effects do adjustments of corporation tax have on the investment flows between countries, and what is their continued effect on the economies of such countries? What are the needs of households for the distribution of capital across their course of life, and to what extent are existing financial arrangements and products attuned to this? Is it possible to improve the review of creditworthiness for granting (mortgage) loans by taking a more prospective approach?

We answer such questions through a combination of insights from recent scientific literature and quantitative analyses, including econometric estimations based on microdata and simulation models. The results are practicable for better policy making and intelligent regulation and can serve as an inspiration for the development of new financial products and processes, such as a creditworthiness review.

Valuation Questions and Business Cases
How do we shape our fee structure and how do we determine the optimal price of our product? How do we value GSM and radio frequencies, and what minimum price should be charged at an auction? What is a reasonable return for regulated companies? Such questions from, for instance, collective management organisations for copyrights or regulators and supervisory bodies are complex because in these cases there is often no market in which the market value can be observed directly. A solution can be found by calculating shadow prices, finding valuation principles, and establishing plausible benchmarks for the valuation of these principles.

Are you struggling with valuation questions such as these, whether as a manufacturer or management organisation or as a regulator or supervisory body? We can help you reach an economically well-founded valuation along with its benchmark. Furthermore, we offer second opinions on business cases that have already been drawn up.  We will complement these with our own empirical research on the use and/or valuation of users in order to come to a valuation. Based on this, we will advise on the best economically substantiated valuation and pricing.

Would you like to know what we could do for your organisation?

Please feel free to contact Johannes Hers or Bert Hof.

Johannes Hers
Head of Financial Markets & Finance / +31 (0)20 525 1692

Johannes Hers is head of the cluster financial markets and Finance at SEO economic research. He has extensive experience with policy analysis and applied economic research on financial and economic issues. read further >

Bert Hof
Senior Researcher / +31 (0)20 525 1662

Bert Hof has over 15 years of experience with applied economic research as project leader, researcher, and supervisor. His research covers a wide variety of subjects and research techniques, focusing on policy evaluations, social cost-benefit analysis (SCBA), the energy market, governance codes, and the gambling market. read further >

Source image: Unsplash (William Iven)

 Our expertise  > Financial markets