Publications

September 15, 2014

Maximum likelihood estimation of the Markov chain model with macro data and the ecological inference model

This paper merges two isolated bodies of literature: the Markov chain model with macro data (MacRae, 1977) and the ecological inference model (Robinson, 1950).

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August 27, 2014

Three scenarios for European economic recovery

This document describes in more detail how the three scenarios for European economic recovery that are presented in Roads to Recovery have been constructed.

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August 7, 2014

CPB Financial Stability Report 2014

Report for the Dutch House of Representatives about international and national macroeconomic developments related to the financial sector

July 24, 2014

Optimally Differentiated Carbon Prices for Unilateral Climate Policy

In this paper, a computable general equilibrium set-up is chosen in order to examine what pattern of differentiated carbon prices emerges as optimal in a second-best world.

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July 22, 2014

Age-Specific Labour Market Effects of Employment Protection - A numerical approach

The particular situation of the youngest and oldest individuals on the labour market motivates age-specific labour market analysis.

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July 11, 2014

Bank recapitalization

Banks have to increase their capital ratios to meet the new regulation requirements.

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July 7, 2014

Targeted advertising, platform competition and privacy

Targeted advertising can benefit consumers through lower prices for access to websites. Yet, if consumers dislike that websites collect their personal information, their welfare may go down.

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July 2, 2014

Economic growth and funded pension systems

Growing pension savings lead to deeper capital markets. This can have a positive effect on economic growth by allowing firms that are more dependent on external finance to grow faster.

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June 19, 2014

Roads to recovery

Financial crisis, euro crisis what’s next? The title of this book suggests an answer: recovery. Yet, what road will it take?