The briefcase from Budget Day, containing the budget, and the carriage in which the king and queen will be transported

Projections September 2023

Purchasing power measures prevent rise in poverty, government deficit remains unchanged.

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Mortgage Debt Limits and Buy-to-Let Investors

Since the financial crisis, home ownership rates have decreased across the world. Also in the Netherlands, the size of the rental sector has increased. Decreased access to mortgage debt explains part of this development. We show that tightened mortgage debt limits explain a fifth of the increase in rentals between 2013 and 2019.

World Trade July 2023

World Trade Monitor

World Merchandise trade decreased with 0.6% in July 2023 compared to June. That month also saw a decrease of 0.6%. This is evident from the monthly CPB World Trade Monitor.

photo of students of the Erasmus University Rotterdam

Quantifying the non-take-up of a need-based student grant in the Netherlands

Students from lower income families are entitled to apply for a student grant. Not all entitled students do so. We estimate the non-take-up rate of the need-based student grant in the Netherlands and investigate which student characteristics correlate with the non-take-up.

out of business

European Insolvency Law and Firm Leverage

In our new study we find that strengthening insolvency law increases the amount of long-term debt, as a percentage of total assets, on firms’ balance sheets in Europe.

A simulation of energy prices and corporate profits

High energy costs have little impact on corporate profits

Firms have absorbed the higher costs for gas and electricity with energy savings and price increases for customers. The higher energy prices are expected to lead to only a limited number of additional loss-making firms.


Predicting Firm Exits with Machine Learning

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.