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We estimate the effect of graduating during a recession on the early careers of high educated graduates in the Netherlands between 1996 and 2012. Exploiting field-specific differences in un-employment rates, we find that graduates on average suffer a 2.3% lower wage in a typical recession in their first year.
CPB Discussion Paper 356 | 6 July 2017
38 pages | pdf document, 1.4 MB
ISBN 978-90-5833-779-5 | Go to publication
Policymakers are concerned about potential underinvestment in lifelong learning. In this paper we study to what extent a tax deduction helps to stimulate post-initial training.
CPB Discussion Paper 353 | 13 June 2017
56 pages | pdf document, 2 MB
ISBN 978-90-5833-776-4 | Go to publication
We study knowledge spillovers from European universities and other research organizations using data from patent citations at the EPO.
CPB Discussion Paper 348 | 4 April 2017
30 pages | pdf document, 1.4 MB
ISBN 978-90-5833-770-2 | Go to publication
Many countries require firms to pay severance pay to workers displaced in a mass layoff.Displaced workers often also receive some form of job search assistance.
CPB Discussion Paper 334 | 25 August 2016
32 pages | pdf document, 1.5 MB
ISBN 978-90-5833-741-2 | Go to publication
CPB Communication | 6 July 2016
52 pages | pdf document, 2.4 MB