Publications

June 26, 2019

Dutch Shell Companies and International Tax Planning

This paper uses the financial statements of special purpose entities (SPEs) for explaining the origin and destination of dividend, interest, and royalty flows passing the Netherlands.

June 26, 2019

Non-Bunching at Kinks and Notches in Cash Transfers

We typically do not find statistically signicant evidence of bunching around kinks or notches, neither in income nor in wealth.

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June 24, 2019

Income and wealth during the course of life

Do households diminish their wealth during retirement? The life-cycle model by Modigliani and Brumberg (1954) suggests they do, but the empirical evidence in the literature does not support this hypothesis.

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June 19, 2019

Forecast June 2019

The Dutch economic growth rate is slowing down due to the ill wind blowing from abroad. Export growth is declining. The waning growth in production has had remarkably little impact on the labour market, which remains...

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June 12, 2019

Income differences across migrant groups in the Netherlands: an intergenerational perspective

This paper investigates income disparities across natives and the most prominent migrant groups in the Netherlands, those with a Moroccan, Turkish, Surinamese, or Antillean background....

June 12, 2019

Income differences across migrant groups

On average, migrant children in the Netherlands end up lower in the income distribution compared to native children, even if their parents have equal incomes.

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June 11, 2019

Bank credit: Dutch versus European firms

This background document presents and discusses the empirical results included in the CPB Policy Brief ‘Dutch SME-bank financing in a European perspective’. Our goal is to shed light on the differences in access to...

June 11, 2019

Measuring Credit Rationing of Dutch firms

This background document is associated to the CPB Policy brief on Dutch SME-bank financing in a European perspective. It explains in detail what we do in a microsimulation model that is described in a textframe on...

June 7, 2019

Estimates of the Financial Cycle for Advanced Economies

Until recently, macroeconomic theory provided at most a small role for the financial system to influence the real economy. This changed with the collapse of Lehman Brothers in 2008 and the financial crisis which...

June 7, 2019

Estimating the Impact of the Financial Cycle on Fiscal Policy

We investigate the impact of the financial cycle on the effectiveness of fiscal policy.

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