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… containment measures taken by Member States impact undertakings, the Commission considers that State aid is justified and can be declared compatible with the internal market on the basis of Article 107(3)(b) TFEU, for a limited period, to remedy the liquidity shortage faced by undertakings and ensure that the disruptions caused by the COVID-19 outbreak do not undermine their viability’.44 44 Ibid., para. 18. 43 Ibid., para. 16. 42 See Communication from the Commission, ‘Temporary Framework for … to subsidize all airlines, it may nevertheless allocate the available resources based on a combination of criteria such as economic significance (consisting of, for instance, market share and GDP contribution) and required aid intensity, so that the liquidity problems of the economically most significant airline are first eliminated before the second most important company is supported, and so forth (until the aid budget is exhausted).168 An aid scheme designed in this way would not only allow the …

… student and their coach, in which the student’s progress, competency level, competency development, and curriculum path are discussed; u. expert: an educator or other person who provides guidance to a student. This can include lecturing, providing workshops, engaging in other teaching and learning activities, or providing feedback; v. educator: an HPIM staff member who provides guidance to students who perform an authentic professional task. This can include lecturing, providing workshops, providing … in which a student performs their research project, at Maastricht University or another institution; z. period coordinator: an educator who is responsible for the content of the education for a particular period in the program; aa. student portal: online learning environment where students have access to educational materials, messages, and results; bb. ECTS: European Credit Transfer System credits, with one credit equaling 28 hours of study; cc. board of examiners: the board referred to in … with support, information, supervision, and guidance during the process of completing their APTs. TLAs are offered by teaching staff (e.g. instructions, feedback, discussions, knowledge clips, lectures, and coaching), by experts from practice (e.g. visiting lectures, meet-the- expert panels, and expert interviews), by peers (e.g. peer feedback), by external tools (e.g. theoretical resources, case descriptions, manuals, portfolio), and by students themselves (e.g. self-reflection, portfolio …

… (UM) 1991 – 1993 Associate Professor at UM 1984 – 1990 Assistant Professor at Erasmus University Rotterdam 1981 – 1984 Research and Teaching Assistant at Erasmus University 1980 – 1981 Research Assistant at the Netherlands Economic Institute VISITING POSITIONS Jan – June 2018 Visiting professor at Swedish House of Finance, Stockholm School of Economics Aug 2008 – June 2009 “Hans Dalborg” professor at the Swedish Institute for Financial Research (SIFR), Stockholm School of Economics Sept …  Member of Netspar editorial board, since 2008  Conference organisation: 4  ESOBE (European Seminar on Bayesian Econometrics) annual conference, Maastricht, 25- 27 Oct 2017, co-chair (with Nalan Baştürk)  Netspar international pension workshop, Leiden, Jan 27-29 2016 and Jan 18-20 2017, co- chair (with Marike Knoef)  Netspar pension workshops, Maastricht (2012, 2010, 2006)  Netspar-SIFR conference on Pension Plans and Product Design, Stockholm, June 8-9, 2009 (with Magnus Dahlquist … of Dutch mortgages, Statistica Neerlandica 61, 137-155, 2007 (with Bart Kuijpers) Non-synchronous trading and testing for market integration in Central European emerging markets, Journal of Empirical Finance 13, 462-494, 2006 (with Ania Zalewska) Nonlinear dynamics in Nasdaq dealer quotes, Computational Statistics and Data Analysis 51, 2246- 2266, 2006 (with Bart Frijns) Direct estimation of the risk neutral factor dynamics of affine term structure models, Journal of Econometrics 117, 179-206, …