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Firms face various trade costs that affect their international competitiveness. These include not only direct tariffs on imports and exports but also less obvious indirect tariffs imposed at different points in the... →

We introduce two novel tools to enhance our understanding of international trade. Through the trade cost index, we compute the complete trade costs within a value chain. With the new gravity model that also incorporates... →

Capital buffers help banks to absorb financial shocks. This reduces the risk of a banking crisis. However, on the other hand capital requirements for banks can also lead to social costs, as rising financing costs can lead to higher interest rates for customers. In this research we make an exploratory analysis of the costs and benefits of capital buffers for groups of European countries. →

This paper analyses the declining firm dynamism in the Netherlands, which may explain part of the slowdown in productivity growth. We use a rich microdata set including nearly all corporations in the Netherlands during... →

Contrary to other studies, we find no robust effect of an increase in trade with China and Central European (CEE) countries on local employment, wages and inequality in the Netherlands.... →

Financiële schok coronacrisis treft specifieke sectoren, banken hebben voorlopig voldoende buffers. →

Dit achtergronddocument behoort bij de coronapublicatie ’De gevolgen van de coronacrisis voor Nederlandse bedrijven en banken’. Wij analyseren kwetsbare sectoren aan de hand van twee methoden: een voorspelling van... →

We follow the production function approach to assess markups, which requires the estimation of the output elasticity of a free input. In the basic setup we estimate a structural value added production function, using... →

Dutch households (implicitly) have an unusual mix of assets. Particularly their high level of mortgage debts and pension entitlements stand out in an international context. In this paper we examine how Dutch household... →

Wij vinden voor Nederland dat de meeste sectoren geen stijgende markups laten zien. →