Publications

December 27, 2016

Accounting for the Business Cycle Reduces the Estimated Losses from Systemic Banking Crises

We re-estimate the e ffects of systemic banking crises in industrialised countries reported by Cerra and Saxena with a model that includes transitory business cycle shocks.

August 17, 2016

Evidence on Dutch macroeconomic and sectoral productivity performance: Some stylised facts

Productivity is the key driver of long-run living standards. However, in recent years productivity growth has been low across the developed world.

January 12, 2016

Credit Supply Shocks in the Netherlands

This study looks at the effects of credit supply shocks in the Netherlands and provides estimates of how important credit supply disturbances have been for explaining the recent disappointing economic growth.

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