Publications

November 3, 2015

Macro-economics of balance-sheet problems and the liquidity trap

Since 2010, nominal policy rates of central banks in most advanced economies have been close to zero. This is referred to as the zero lower bound on interest rates or as the liquidity trap.

June 5, 2015

Lessons learnt from seven years of stagnation in the Eurozone

Three lessons may be drawn from seven years of financial crisis.

March 16, 2015

Assessment of the technical assumptions on exchange rates, oil prices and interest rates (CEP2015)

This CPB Background Document presents an assessment of the technical assumptions on the projections (short: projections) of four variables.

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January 10, 2014

Government spending shocks, sovereign risk and the exchange rate regime

We analyse the effects of fiscal expansions using a New Keynesian model and find that the reverse holds in the presence of sovereign default risk.

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October 8, 2013

Presentation 'Early-warning indicators for debt sustainability'

This is the presentation used by Casper van Ewijk and Jasper Lukkezen during a meeting to present the CPB Policy Brief 2013/08 'Early warning indicators for debt sustainability'.

October 8, 2013

Early warning indicators for debt sustainability

This CPB Policy Brief develops a simple dynamic framework for assessing the sustainability of public finances over a medium-term horizon.

September 15, 2013

Vraag en antwoord over de begrotingsmultiplier

This document is in Dutch, there is no English version.

June 5, 2013

Prudent debt level: a tentative calculation

What is a prudent public debt-to-GDP ratio? This background document accompanies the Dutch CPB Policy Brief 'Naar een prudent niveau van de overheidsschuld'.

June 5, 2013

De naakte feiten over de Nederlandse overheidsschuld

This document is in Dutch, there is no English translation.