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Fiscal equalization through the allocation of central government grants may have adverse distributional implications if these grants capitalize into house values. →

This document is in Dutch, there is no English translation of this page. →

This document is in Dutch, there is no English translation of this page. →

We study the elasticity of taxable labour income (ETI) of employees in the Netherlands. The large 2001 Dutch tax reform generates substantial variation in marginal tax rates at dierent segments of the income distribution. →

We study the elasticity of taxable labour income (ETI) of employees in the Netherlands. The large 2001 Dutch tax reform generates substantial variation in marginal tax rates at dierent segments of the income distribution. →

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

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

In most OECD countries, the financial crisis leads to a drop in GDP and has brought government finances into a state of disarray. As high public debt will slow down GDP growth, order in government finances must be restored, sooner or later. →

In most OECD countries, the financial crisis leads to a drop in GDP and has brought government finances into a state of disarray. As high public debt will slow down GDP growth, order in government finances must be restored, sooner or later. →

This paper derives and estimates rules for fiscal policy that prescribe the optimal response to changes in unemployment and debt. →