Kopafbeelding onderzoek CPB

Financial markets

During and after the financial crisis of 2007 and 2008 insecurity about the financial system has increased sharply. CPB conducts research into the functioning of financial markets and the effects of policy.

Most recent publications

The effects of unconventional monetary policy in the euro area

How effective are unconventional monetary policies? Through which mechanisms do they work? This discussion paper contains a detailed presentation of the new scientific evidence we reported in the policy brief, and adds to the relatively scarce literature in this field.

CPB Discussion Paper 371 | 6 February 2018

36 pages | pdf document, 583 KB

Go to publication

Effects of Unconventional Monetary Policy on European Corporate Credit

In this paper we investigate whether the targeted longer-term refinancing operations (TLTRO) and the asset purchase program (APP) led to lower interest rates on new corporate credit, and whether the signalling channel and the capital relief channel played any role in the transmission of these ECB policies.

CPB Discussion Paper 372 | 6 February 2018

22 pages | pdf document, 383.8 KB

Go to publication

Assets and liabilities of Dutch non-financial firms

The main purpose of this document is to assess the financial situation of non-financial firms. In particular, the document provides answers to two questions. Are there financial fragilities in Dutch non-financial firms? If yes, for which particular type of firms?

CPB Communication | 23 August 2017

30 pages | pdf document, 546.4 KB

Go to publication

Share this page