Publications

The Temporary Support Scheme for Self-Employed Persons (Tozo) supported self-employed entrepreneurs during the coronavirus crisis. This is the conclusion from a CPB study. →

In this paper, we use machine learning techniques to predict whether a company would have left the market in a world without corona. These predictions show that unhealthy companies applied for support less often than healthy companies. But we also show that the COVID-19 support has prevented most exits among unhealthy companies. This indicates that the corona support measures have had a negative impact on productivity growth. →

High growth firms receive a lot attention from policy. In many countries, policies to stimulate economic growth target startups -- loosely defined as young firms that often rely on new technology to develop scaleable... →

Banks often demand collateral for business loans. Apart from business assets, for many small entrepreneurs their own home is the most important security they can offer. The interaction between the housing market and... →

This background document to CPB’s Financial Stability Report provides policymakers with an initial assessment of the effects of the corona crisis on the liquidity position of Dutch SMEs and its impact on their... →

We investigate the major financing components which are used to purchase a house in the Netherlands. This is important to shed more light on the effects of changing lending norms. We look at the full universe of housing transactions in the Netherlands by making use of administrative data from Statistics Netherlands (CBS) for the period 2006-2014. →

This publication discusses the need for an EMU banking union and describes three possible transition scenarios. This is a translation of chapter 4 of the Dutch publication. →

We study the effect of housing collateral on entrepreneurial lending in the Netherlands. This residential collateral channel is especially relevant for sole proprietors for whom there is no legal distinction between the owner and the business. →

We investigate the impact of negative home equity on job mobility. Panel fixed effects estimation is carried out by making use of Dutch administrative panel in the period 2006-2011. →