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We study how the possibility of renegotiation affects optimal bail-out policies for countries under asymmetric information on a country's cost of reforms. →

An analysis of the effects of financial shocks on economic development in the euro area and the Netherlands in particular. →

An analysis of the effects of financial shocks on economic development in the euro area and the Netherlands in particular. →

The availability of currency futures can explain the relatively small impact of exchange rate volatility on trade. →

The availability of currency futures can explain the relatively small impact of exchange rate volatility on trade. →

The availability of currency futures can explain the relatively small impact of exchange rate volatility on trade. →

Will the troubled countries be able to fully repay their debt? →

Will the troubled countries be able to fully repay their debt? →

The fall in global output in 2009 will be the largest of the post-war period. →

The past several months have been outright turbulent. The worldwide economic prospects have worsened at a rapid pace. This has not left the Dutch economy unaffected, open as it is. →