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