Publications


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...

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May 20, 2019

Transit-oriented developments and residential property values

As urbanization continues, congestion externalities are becoming more important due to an increasing utilization of the prevailing infrastructure. A growing number of cities have conducted transit-oriented developments...

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May 22, 2018

How large are road traffic externalities in the city? The highway tunneling in Maastricht, the Netherlands

Infrastructure projects are increasingly aiming to improve liveability, in particular in urban areas. We analyse a specifi c case in which an existing highway in an urban area was moved underground in order to improve intercity traffic flows and to reduce traffic externalities.

May 7, 2018

Economic Decision Problems in Multi-Level Flood Prevention: a new graph-based approach used for real world applications

Flood prevention policy is of crucial importance to the Netherlands. We assess economical optimal flood prevention where multiple barrier dams and dikes protect the hinterland against sea level rise and peak river discharges. Current optimal flood prevention methods only consider dike rings with no dependencies between dikes. We propose a graph-based model for a cost-benefit analysis to determine optimal dike heights with multiple dependencies between dikes and barrier dams.

February 28, 2018

Why do wages grow faster in urban areas? Sorting of high potentials matters

The existence of an urban wage growth premium is a well-established empirical fact. This article challenges the conventional view that faster wage growth for urban workers is caused by human capital spillovers.

February 28, 2018

Complexities in the spatial scope of agglomeration economies

This article argues that the spatial scope of agglomeration economies is much more complex than is often assumed in the agglomeration literature. We provide insight into this issue by analyzing panel data on individual wages with a high level of spatial detail.

January 18, 2018

Firm heterogeneity and exports in the Netherlands: Identifying export potential

According to the Melitz (2003) model, potential exporters have to be sufficiently productive to overcome the entry costs of foreign markets. Once firms pass this productivity threshold, they all export. However, empirical evidence indicates that a substantial share of high-productive firms do not export.

February 21, 2017

Understanding employment decentralization by estimating the spatial scope of agglomeration economies

This paper argues that the spatial decay function of agglomeration economies is much more complex than is often assumed in the agglomeration literature. We provide insight into this issue by analyzing a nationwide and spatially rich wage panel.