Publications


October 10, 2023

Disentangling business- and tax-motivated bilateral royalty flows

Multinational firms pay for the use of intellectual property (IP). The IP-rights may be located in another country where the royalty income is taxable. This taxation may differ between countries which offers...

September 26, 2023

Mortgage Debt Limits and Buy-to-Let Investors: A Structural Model of Housing with an Endogenous Rental Sector

Since the financial crisis, home ownership rates have decreased across the world. Also in the Netherlands, the size of the rental sector has increased. Decreased access to mortgage debt explains part of this development. We show that tightened mortgage debt limits explain a fifth of the increase in rentals between 2013 and 2019.

houses
September 19, 2023

Projections September 2023 (MEV 2024)

Purchasing power measures prevent rise in poverty, government deficit remains unchanged.

The briefcase from Budget Day, containing the budget, and the carriage in which the king and queen will be transported
August 17, 2023

Projections August 2023 (cMEV 2024)

The economy is expected to grow by 0.7% in 2023 and 1.4% in 2024. After falling sharply, purchasing power is set to recover by 1.9% in 2024 due to wage growth. Without supplementary policy measures, the number of people in poverty is expected to rise to 5.7% of the population and 7% of children in 2024.

Projections August 2023
July 6, 2023

European Insolvency Law and Firm Leverage

In our new study we find that strengthening insolvency law increases the amount of long-term debt, as a percentage of total assets, on firms’ balance sheets in Europe.

out of business
July 4, 2023

Bank Funding, SME lending and Risk Taking

European companies heavily rely on bank credit to finance their operations and investments. Therefore, it is crucial for banks to take risks on corporate loans, although excessive risk-taking can have negative...

June 29, 2023

Quantifying the non-take-up of a need-based student grant in the Netherlands

Students from lower income families are entitled to apply for a student grant. Not all entitled students do so. We estimate the non-take-up rate of the need-based student grant in the Netherlands and investigate which student characteristics correlate with the non-take-up.

photo of students of the Erasmus University Rotterdam
April 26, 2023

New Tools for Value Chain Analysis

We introduce two novel tools to enhance our understanding of international trade. Through the trade cost index, we compute the complete trade costs within a value chain. With the new gravity model that also incorporates...

April 26, 2023

Netherlands benefits from international policy on tariff costs in value chains

Firms face various trade costs that affect their international competitiveness. These include not only direct tariffs on imports and exports but also less obvious indirect tariffs imposed at different points in the...

April 25, 2023

The CPB World Trade Monitor: technical description (update April 2023)

The CPB World Trade Monitor (WTM) is an instrument for bringing together, aggregating, and summarizing worldwide monthly data on international trade and industrial production. Its purpose is to report monthly...