Publications

April 30, 2021

Business dynamics during the COVID pandemic

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 number of business closures (including bankruptcies) of companies with at least 2 employees is about the same as before the corona crisis. This is striking because more businesses normally stop during recessions. The decrease in new startups and the lower number of exits than expected can translate into lower economic growth in the long term.

Image for Business dynamics during the COVID pandemic
April 28, 2021

The Young Bunch: Youth Minimum Wages and Labor Market Outcomes

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...

Image for The Young Bunch: Youth Minimum Wages and Labor Market Outcomes
April 21, 2021

The effect of the pandemic and Non-Pharmaceutical Interventions on household consumption

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

Image for The effect of the pandemic and Non-Pharmaceutical Interventions on household consumption
April 13, 2021

Optimizing the life cycle path of pension premium payments and the pension ambition in the Netherlands

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...

Image for Optimizing the life cycle path of pension premium payments and the pension ambition in the Netherlands
March 31, 2021

Projections March 2021 (CEP 2021)

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.

Image for Projections March 2021 (CEP 2021)
March 5, 2021

Homeowners have easier and cheaper access to business credit

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...

Image for Homeowners have easier and cheaper access to business credit
March 1, 2021

Charted Choices 2022-2025

The report, 'Charted Choices' provides an overview of the budgetary and economic consequences of the policy choices made by 10 Dutch political parties.

Image for Charted Choices 2022-2025
February 16, 2021

Skill up or get left behind? Digital skills and labor market outcomes in the Netherlands

People with low digital skills relatively often do not have a paid job, and if they do, they earn a relatively low hourly wage. Those are the most important findings of CPB research based on a newly constructed dataset combining digital skills with labor market outcomes.

Image for Skill up or get left behind? Digital skills and labor market outcomes in the Netherlands
January 12, 2021

The Revealed Comparative Advantages of Dutch Cities

The trade literature often treats countries as dimensionless points, which is a strong assumption. Agglomeration or lumpiness of production factors within countries can affect the national pattern of trade....

Image for The Revealed Comparative Advantages of Dutch Cities
December 17, 2020

Attrition and sample selection in the pre-COOL and COOL studies

The Dutch notitie “Ongelijkheid van het jonge kind” documents and discusses differences in achievement across various (socio-economic) groups in the Netherlands. The empirical results are based on data from the...