Publications

November 14, 2018

Can we measure banking sector competition robustly?

We discuss existing measures of banking competition along with their advantages and disadvantages. For the Panzar and Rosse H-statistic,we further investigate the robustness of its estimates.

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October 19, 2018

Estimating migration changes from the EU’s free movement of people principle

We estimate the impact of the free movement of people (FMP) principle on bilateral intra-EU migration stocks using a gravity model. Employing a combination of the World Bank and the UN’s global migration databases, with observations between 1960 and 2015, allows us to analyse the impact of the FMP for most EU member states.

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October 18, 2018

Causes of regional variation in Dutch healthcare expenditures: evidence from movers

We assess the relative importance of demand and supply factors as determinants of regional variation in healthcare expenditures in the Netherlands. Our empirical approach follows individuals who migrate between regions. We use individual data on annual healthcare expenditures for the entire Dutch population between the years 2006 and 2013.

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October 16, 2018

The effects of globalisation in the Netherlands: A theoretical and empirical survey

The purpose of this document is to put the developments of globalisation into perspective for the Dutch labour market.

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September 25, 2018

The changing landscape of firm financing in Europe, the United States and Japan

We re-examine the structure of the financial sector, with a focus on firm financing, household assets and the structure of the banking sector of the 28 EU member countries, Japan and the United States.

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September 18, 2018

Forecast September 2018 (MEV 2019)

The Dutch economy continues to flourish, with growth figures of 2.8% this year and 2.6% in 2019.

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September 13, 2018

Are substitute services a barrier to controlling long-term care expenditures?

We show that this reform not only affected consumption of this care type, but also the consumption of three other types of long-term care that are financed through another public scheme.

September 3, 2018

The scope of the external return to higher education

This article examines whether the productivity spillovers from a large share of highly educated workers occur within regions, sectors and/or firms. To distinguish between these possibilities, I follow a two-stage procedure to estimate a Mincerian wage equation using matched employer-employee panel data on individual earnings and educational attainment.

July 6, 2018

Trade Wars: Economic impacts of US tariff increases and retaliations, an international perspective

"Effect trade conflict limited, escalation only has losers". This background document provides information on the economic consequences of the current trade dispute between the US and several countries that announced retaliatory packages or filed them already with the WTO.

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.