Dr. Wilko Letterie

Room: A2.08
Tel.: +31 43-3883645;
Fax.: +31 43-3884893;
Email: w.letterie@maastrichtuniversity.nl

Wilko Letterie studied econometrics at the Erasmus University of Rotterdam, where he also received a PhD in economics. In 1997 he began at the School of Business and Economics at Maastricht University. He is Associate Professor at the Organization and Strategy department since 2002. His current work revolves around the capital and labour adjustment process of the firm. He is also interested in alliance formation. He is born in Rotterdam (1969) and married with Lotte de Mik. They have two children: Rik (1995) and Maartje (1999).

Position: Associate Professor

Specialization: Micro Level Factor Demand Decisions, Alliance Formation

PhD: Erasmus University, 1997, Political Economics, "Partisan Politics, Persuasion and Information" Supervisors: Prof. Dr. J.C. Siebrand & Prof. Dr. O.H. Swank

Courses: Global Business EBC2021 and Business Innovation EBC2068

Postal address

Visiting address

Publications in international journals:

• Hagedoorn, J., W. Letterie and F. Palm (2011) "The information value of R&D alliances: The preference for local or distant ties." Strategic Organization, forthcoming

• Frankort, H., J. Hagedoorn and W. Letterie (2011) "R&D partnership portfolios and the inflow of technological knowledge." Industrial and Corporate Change, forthcoming

• Lokshin, B., J. Hagedoorn and W. Letterie (2011) “The bumpy road of technology partnerships: understanding causes and consequences of partnership malfunctioning.” Research Policy, vol. 40, pp. 297-308.

• Letterie, W., G.A. Pfann and S. Verick, (2010) “On Lumpiness in the Replacement and Expansion of Capital” Oxford Bulletin of Economics and Statistics, vol. 72, pp. 263-281.

• Blumberg, B. and W. Letterie, (2008), “Business starters and credit rationing. An empirical analysis of credit application and denial.” Small Business Economics, vol.30, pp. 187-200.

• Letterie, W., J. Hagedoorn, H. van Kranenburg, and F. Palm, (2008), “Information gathering through alliances.” Journal of Economic Behaviour and Organization, vol. 66, pp. 176-194.

• Letterie W. and G.A. Pfann, (2007), “Structural identification of high and low investment regimes” Journal of Monetary Economics, vol. 54, pp. 797-819.

• Fennema, J., W. Letterie and G.A. Pfann (2006) “The timing of investment episodes in The Netherlands.” De Economist, vol. 154, pp. 373-388.

• Letterie, W., G.A. Pfann and M. Polder (2004) “Factor adjustment spikes and interrelation: an empirical investigation.” Economics Letters, vol. 85, pp. 145-150.

• Laar, van de, M. and W. Letterie (2004) “The delaying effect of financing constraints on investment.” Bulletin of Economic Research, vol. 56, pp. 271-281.

• Bruinshoofd, A and W. Letterie (2004) “Investment and Financing when Liquidation is Costly.” De Economist, vol. 152, pp. 21-45. This paper was awarded with the Hennipman Prize for the best article in “De Economist” in 2003 and 2004.

• Bruinshoofd, A., B. Diederen, and W. Letterie (2002) “Internal capital markets in Dutch firms.” Kredit und Kapital, vol. 35, pp. 437-459.

• Letterie, W., O.H. Swank and H.P. van Dalen (2000) “When policy advisors cannot reach a consensus.” Social Choice and Welfare, vol. 17, pp. 439-461.

• Swank, O.H., W. Letterie and H.P. van Dalen (1999) “A theory of policy advice.” Journal of Law, Economics and Organization, vol. 15, pp. 602-614.

• Letterie, W. and O.H. Swank (1998) “Economic policy, model uncertainty and elections.” Economics and Politics, vol. 10, pp. 85-104.

• Letterie, W. and O.H. Swank (1997) “Electoral and partisan cycles between US economic performance and presidential popularity: a comment on Stephen E. Haynes.” Applied Economics, vol. 29, pp. 1585-1592.

• Letterie, W. (1997) “Better monetary control may decrease the distortion of stabilisation policy: a comment.” Scandinavian Journal of Economics, vol. 99, pp. 463-470.

• Letterie, W. and O.H. Swank (1997) “Learning and signalling by advisor selection.” Public Choice, vol. 92, pp. 353-367.