Publications

December 27, 2016

Accounting for the Business Cycle Reduces the Estimated Losses from Systemic Banking Crises

We re-estimate the e ffects of systemic banking crises in industrialised countries reported by Cerra and Saxena with a model that includes transitory business cycle shocks.

December 14, 2016

The Effects of Additional Study Choice Activities: Evidence from a Randomized Controlled Trial

This paper analyses the eff ect of additional study choice activities on the probability that subscribers withdraw from the study field of their preference before the study actually commences, as well as on the study performance of students who actually start with the study.

December 6, 2016

Valuation of CO2 emissions in CBA: implications of the scenario study Welfare, Prosperity and the Human Environment

The scenario study Welfare, Prosperity and the Human Environment (WLO ) forecasts long-term developments on four topics, climate being one of them. The study’s climate scenarios have been constructed taking into account various ways of international collaboration on the climate issue around the world. The WLO climate scenarios are characterised by a CO2 emission budget for the rest of the century and an associated CO2 emission reduction target.

November 17, 2016

Flexible employment in an international perspective: An empirical analysis and some country-specific case studies

Flexible employment constitutes a relatively large and increasing share of the labour market in many countries. In this study, we analyse the extent to which the growth in flexible employment can be related to global economic trends and country-specific institutions.

October 26, 2016

The elasticity of taxable income in the Netherlands

We study the elasticity of taxable labour income in the Netherlands. We use a large and rich data set, including both financial and demographic variables,for the period 1999-2005.

September 29, 2016

A Data-Driven Procedure to Determine the Bunching Window - An Application to the Netherlands

This paper presents empirical evidence on taxpayers' responsiveness to taxation by estimating the compensated elasticity of taxable income with respect to the net-of-tax rate in the Netherlands.

September 20, 2016

Macro Economic Outlook (MEV) 2017

In this publication CPB presents its analyses and projections of both the Dutch and worldwide economy in 2016 and 2017.

September 9, 2016

The Impact of Uncertainty Shocks: Continental Europe versus the Anglo-Saxon World

For economic forecasting it is important to know how the real economy responds to major events such as the fall of the Soviet Union, the Greek debt crisis, the recent terrorism attacks in Europe, and the Brexit.

August 25, 2016

How do severance pay and job search assistance jointly affect unemployment duration and job quality?

Many countries require firms to pay severance pay to workers displaced in a mass layoff .Displaced workers often also receive some form of job search assistance.

August 17, 2016

Evidence on Dutch macroeconomic and sectoral productivity performance: Some stylised facts

Productivity is the key driver of long-run living standards. However, in recent years productivity growth has been low across the developed world.