Publications

December 23, 2015

Do Extrinsically Motivated Mental Health Care Providers Have Better Treatment Outcomes?

This study compares different responses to financial incentives between self-employed providers in Dutch mental health care.

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December 22, 2015

Home Ownership and Household Portfolio Choice

We study the effect of home equity and indebtedness on financial portfolio choices of Dutch households during the period 2006-2012.

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December 21, 2015

The allocation of financial risks during the life cycle in individual and collective DC pension contracts

This paper measures how financial shocks - equity market, interest rate or inflation shocks - affect different generations of participants in pension schemes.

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December 11, 2015

The effects of CBS revisions on CPB forecasts

When CPB makes its official forecast it is based on preliminary estimates of economic growth by Statistics Netherlands.

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December 4, 2015

The effects of higher teacher pay on teacher retention

This paper investigates the effects of higher teacher pay for secondary school teachers on their teacher retention decision and enrollment in additional schooling.

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November 24, 2015

Decentralization of social policy in the Netherlands

The Netherlands has recently embarked on a considerable decentralization of social policy.

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November 20, 2015

Measuring Downward Nominal and Real Wage Rigidity - Why Methods Matter

Although wage rigidity is an important topic, there is no full consensus in the literature on how to measure downward nominal and real wage rigidity.

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November 16, 2015

Estimating the weight of opportunity costs in housing consumption

People tend to neglect or underweight opportunity costs. Strong empirical evidence for the size of the underweighting appears to be absent.

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November 11, 2015

An update of Blanchard’s and Leigh’s estimates in Growth Forecast Errors and Fiscal Multipliers

Olivier Blanchard’s and Daniel Leigh’s work on growth forecast errors and fiscal multipliers in 2009-2011 has been highly influential.

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November 3, 2015

Macro-economics of balance-sheet problems and the liquidity trap

Since 2010, nominal policy rates of central banks in most advanced economies have been close to zero. This is referred to as the zero lower bound on interest rates or as the liquidity trap.