July 3, 2012

Optimal regulation of lumpy investments

In this CPB Discussion Paper we study optimal timing of regulated investment in a real options setting, in which the regulated monopolist has private information on investment costs.

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June 26, 2012

Is world trade data useful when forecasting a small open economy?

This paper uses pooled VAR forecasts to evaluate the contribution of world trade growth data to forecast accuracy for GDP growth and export growth for the Netherlands, a small-open economy.

June 19, 2012

Why Not Fully Spend a Conditional Block Grant?

This CPB Discussion Paper studies a conditional block grant that Dutch municipalities receive for welfare-to-work programs.

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June 6, 2012

When is debt sustainable?

This CPB Discussion Paper proposes indicators to assess government debt sustainability. Sustainable government finances can be achieved via three main channels: fiscal responses, economic growth and financial repression.

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June 6, 2012

Lezing: Markt en staat

This document is in Dutch, there is no English translation.