Publications

The economy is rapidly recovering, under decreasing numbers of new infections and increasing vaccination coverage. The economy is projected to grow by over 3% in both 2021 and 2022. →

The railroad tunnelling in Delft (the Netherlands) has led to substantial, additional, increases in residential property prices. Our results show that the price elasticity with respect to the distance to the (tunnelled) railroad would have been about 5 percentage points lower in case Delft would not have tunneled its railroad. →

Data are playing an increasingly important role in our economy. Companies use data to improve and innovate their products and services. →

The data economy has drastically altered our lives in the last two decades. Search engines and smartphones have become ubiquitous. Sharing of data is a key element of the data economy.... →

The corona crisis has visible consequences for economic activity in the Netherlands. In 2020, 6.5% fewer businesses with at least 2 employees were established. This decline is not limited to the sectors most affected by health restrictions, such as the hotel and catering industry, as almost every sector saw a decrease in the number of starters last year. →

The 2017 increase in the Dutch youth minimum wage has improved labor market outcomes for low-paid young workers. In particular, these workers’ average wage has risen with 4% without adverse effects on employment or... →

Most of the short-run decline in consumption during the first wave was a voluntary response to the health risks. →

Pension premium rates and pension benefits are independent of age or family situation in the second pillar of the Dutch pension system. In a life cycle model calibrated on Dutch data we investigate the optimal... →

Economic recovery in sight, but coronavirus effects linger on. In the baseline projections the economy is expected to grow by over 2% in 2021 and 3.5% in 2022. →

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... →