Search results

There are 281 search results for *.
July 17, 2020

Trade policy analysis with a gravity model

Publication

In this CPB Background Document we investigate the use of the standard structural gravity model for trade policy analysis at the CPB. The model is intended for long term analyses of trade policy changes and is based on a simple general equilibrium framework. The model is useful despite its simplicity, because it has a good empirical fit. We investigate it by applying the gravity model to both a US trade war scenario and different Brexit scenarios.

July 14, 2020

Certificering budgettaire raming Wet implementatie richtlijnen elektronische handel

Publication (in Dutch only)

Deze notitie certificeert de geraamde opbrengst van de fiscale beleidsmaatregel uit het wetsvoorstel ‘Wet implementatie richtlijnen elektronische handel’. Het CPB concludeert dat de raming door het ministerie van Financiën redelijk en neutraal is. De mate van onzekerheid schat het CPB in als hoog, voornamelijk vanwege de onzekere toekomstige ontwikkeling van de elektronische handel.

June 2, 2020

Risicorapportage Financiële markten 2020

Publication (in Dutch only)

Coronacrisis legt kwetsbaarheden financiële systeem bloot.

April 24, 2020

The CPB World Trade Monitor: technical description (update 2020)

Publication

The CPB World Trade Monitor (WTM) is an instrument for bringing together, aggregating, and summarizing worldwide monthly data on international trade and industrial production. Its purpose is to report monthly developments in trade and production at the earliest possible date, covering a sample of countries as large as possible.

December 19, 2019

Limitation of holding structures for intra-EU dividends: A blow to tax avoidance?

Publication

This article analyses the recent rulings from the European Court of Justice in two Danish cases and examines their possible impact on international tax avoidance.

Image for Limitation of holding structures for intra-EU dividends: A blow to tax avoidance?
December 10, 2019

SVARs, the central bank balance sheet and the effects of unconventional monetary policy in the euro area

Publication

This discussion paper presents further evidence that the most important published estimates of the effects of unconventional monetary policy are not reliable. It is a further elaboration of the ideas in the CPB discussion paper "Do zero and sign restricted SVARs identify unconventional monetary policy shocks in the euro area?". Previous empirical studies seem to show that the unconventional monetary policy of the ECB, also known as balance sheet policy, has a positive effect on growth and inflation. However, this conclusion is unfounded, because institutional features of monetary policy in the euro area make it impossible to identify unexpectedly exogenous variation in monetary policy.

June 4, 2019

Risicorapportage Financiële markten 2019

Publication (in Dutch only)

Er kan nog meer worden gedaan om de risico’s van centrale tegenpartijen (CCP's), omvangrijke Europese financiële instellingen, te verkleinen.

May 27, 2019

A budgetary stabilisation function

Publication

Een schokfonds in de eurozone is niet noodzakelijk voor het voortbestaan van de euro, maar kan de welvaart in Europa wel verhogen.

February 19, 2019

Do zero and sign restricted SVARs identify unconventional monetary policy shocks in the euro area?

Publication

This research re-examines the findings of the existing literature on the effects of unconventional monetary policy.

Image for Do zero and sign restricted SVARs identify unconventional monetary policy shocks in the euro area?
January 24, 2019

Conduit country the Netherlands in the spotlight

Publication

The Netherlands is an important link in the chain of diverting income flows: broader use of withholding taxes is necessary to combat international tax avoidance.

Image for Conduit country the Netherlands in the spotlight