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April 3, 2017

The Impact of House Price Shocks on the Savings of Dutch Homeowners and Renters


We study the impact of changes in house prices on savings using administrative panel data on Dutch owner-occupying and renting households over the period 2006-2013.

March 24, 2017

The role of inflation-linked bonds


The market for inflation-linked bonds (ILBs) is growing, but still small when compared to the market for nominal bonds. This paper raises the question why governments do not rely more on ILBs to finance their public debts?

March 16, 2017

Negative home equity and job mobility


We investigate the impact of negative home equity on job mobility. Panel fixed effects estimation is carried out by making use of Dutch administrative panel in the period 2006-2011.

January 30, 2017

Effecten van bodem in rekenrente voor pensioenfondsen

Publication (in Dutch only)

Naar aanleiding van Kamervragen heeft het ministerie van SZW aan het CPB gevraagd om de effecten van invoering van een bodem in de rekenrente te bepalen. Deze CPB Notitie beschrijft de gevraagde effecten.

January 20, 2017

The effect of financial development on economic growth: a meta-analysis


The financial crisis has renewed interest in the finance-growth relationship. We analyze the empirical literature and find a moderate positive but decreasing effect of finance on growth.

January 16, 2017

In vier stappen naar efficiëntere faillissementswetgeving

Publication (in Dutch only)

Een stabiele welvaartsontwikkeling is gebaat bij een flexibele economie die snel kan inspelen op veranderende omstandigheden.