Publications

This paper derives and estimates rules for fiscal policy that prescribe the optimal response to changes in unemployment and debt. →

This paper discusses the world’s oldest fiscal watchdog, CPB Netherlands Bureau for Economic Policy Analysis (CPB) →

The authors analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs. →

This CPB Discussion Paper highlights potential uses of simple, small models where large traditional models are less flexible. →

An average banking crisis leads to an output loss of up to up to 9 percent, without any recovery within seven years. →

Ford or Volkswagen? →