Publications

April 21, 2020

MICSIM 2.0 A behavioural microsimulation model for the analysis of tax-benefit reforms in the Netherlands: an updated version

In November 2014, the CPB presented the MICSIM model: a behavioural microsimulation model for the analysis of tax-benefit reforms. MICSIM has been further developed in recent years, and this background document...

March 26, 2020

Corona crisis scenarios

Recession unavoidable, increase in government debt bearable.

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March 17, 2020

Forecast 17 March 2020 (CEP 2020 complete)

March 26, CPB publishes new corona-scenarios (in Dutch).

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March 10, 2020

Cyber incidents, security measures and financial returns: Empirical evidence from Dutch firms

This CPB discussion paper investigates the cybersecurity of Dutch small and medium-sized enterprises, the security measures they take and the relationship thereof with financial...

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...

February 17, 2020

Estimation of the Financial Cycle with a Rank-Reduced Multivariate State-Space Model

We propose a model-based method to estimate a unique financial cycle based on a rank-restricted multivariate state-space model. This permits us to use mixed-frequency data, allowing for longer sample periods....

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February 13, 2020

Are the savings of Dutch households optimal?

Dutch households (implicitly) have an unusual mix of assets. Particularly their high level of mortgage debts and pension entitlements stand out in an international context. In this paper we examine how Dutch household...

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December 19, 2019

Limitation of holding structures for intra-EU dividends: A blow to tax avoidance?

This article analyses the recent rulings from the European Court of Justice in two Danish cases and examines their possible impact on international tax avoidance.

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December 18, 2019

Forecast December 2019

Economic growth is slowing down in the Netherlands due to the decline in global growth and, to a lesser extent, the issues around nitrogen and PFASs.

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