December 22, 2021

Saffier 3.0: Technical Background

This paper documents the Saffier 3.0 model that is used for making macroeconomic projections and assessing the responses to fiscal policy changes in the short and medium run. This dual purpose of the model brings with...

Photo of an abacus and the code of the model
December 13, 2021

National Productivity Board 2021 annual report

Productivity growth has been declining for several decades; not only in the Netherlands but in many European countries. During the corona pandemic, productivity growth has dropped even more....

September 28, 2021

Analysis of The Covid-19 pandemic support policy 2020 with company data

This research shows that the support policy in 2020 has kept firms afloat, thereby preserving jobs. This was at the expense of economic dynamics. Most support has ended up in industries hardest hit by the lockdown, such...

August 10, 2021

The contribution of business dynamics to productivity growth in the Netherlands

This paper analyses the declining firm dynamism in the Netherlands, which may explain part of the slowdown in productivity growth. We use a rich microdata set including nearly all corporations in the Netherlands during...

Work on machines
February 18, 2020

Markups in a dual labour market: the case of the Netherlands

We follow the production function approach to assess markups, which requires the estimation of the output elasticity of a free input. In the basic setup we estimate a structural value added production function, using...

March 18, 2019

Estimating Markups in the Netherlands

In this study we analyse the dynamics of firm markups at a national level in the Netherlands. This document is a technical report that describes the literature review, data, methodology and results used in Meijerink et...

July 2, 2018

Frontier firms and followers in the Netherlands: estimating productivity and identifying the frontier

This study shows that constructing a large dataset, which sufficiently covers all firm sizes, is a prerequisite for studying the divergence hypothesis. We merge datasets of individual firm and employee data in the years 20062015 for the Netherlands, resulting in a representative sample of corporations. We find no evidence of diverging productivity between firms on the national frontier and laggard firms.

March 9, 2017

Productivity Slowdown - Evidence for the Netherlands

This paper analyses how The Netherlands compares to other countries in terms of the productivity slowdown. It also includes a comparison of different sectors and tests possible explanatory variables.

March 16, 2016

Tax bunching by owners of small corporations

In the Netherlands owners of small corporations face taxation of corporate, labour and capital income. Taxation of the latter may be deferred. We study their options for income shifting using bunching techniques.

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