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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.

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December 18, 2019

CPB Open Day

Event

Come to our Open Day on 21 January 2020, at The Hague, for information about a possible internship, job or work period during your PhD study.

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December 18, 2019

Meewerk- of afstudeerstage ‘Optimale pensioenambitie’

Vacancy (in Dutch only)

Het gaat hier om een stage bij het CPB voor een student Operations Research, Econometrie of (Toegepaste) Wiskunde. Het CPB ondersteunt beleidsmakers en politici in hun beleidsbeslissingen met economisch wetenschappelijk onderzoek dat bestaat uit analyses en ramingen. Het CPB rekent verkiezingsprogramma’s van politieke partijen door en maakt op verzoek analyses voor andere partijen zoals vakbonden en werkgeversorganisaties. Ook beleidsvoorstellen en effecten van bestaand beleid kunnen onderwerp van analyse zijn. Het CPB zoekt ondersteuning bij de evaluatie van belangrijke hervormingen in het Nederlandse pensioenstelsel. Tijdens de stage word je gecoacht door een ervaren econoom en econometrist. Je hebt de mogelijkheid om deel te nemen aan activiteiten van het CPB, zoals academische seminars.

December 18, 2019

Forecast December 2019

Forecast

Economic growth is slowing down in the Netherlands due to the decline in global growth and, to a lesser extent, the issues around nitrogen and PFASs.

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December 18, 2019

Forecast December 2019, figures

Figure

Economic growth is slowing down in the Netherlands due to the decline in global growth and, to a lesser extent, the issues around nitrogen and PFASs. Unemployment reached its lowest point in 2019, but will also remain exceptionally low in 2020. Labour market shortages are leading to an increase in contract wages. Inflation will slow down next year, as the impact of last year's increase in indirect taxes fades away. The budget surplus is projected to decline as a result of expansionary policies and weaker growth, but the reduction is attenuated by significant underinvestment.

December 18, 2019

Gevolgen voor de koopkrachtramingen van de overstap op een nieuw bronbestand

Publication (in Dutch only)

Voorafgaand aan de Decemberraming 2019 is de databron van het microsimulatiemodel MIMOSI geactualiseerd. Dit CPB achtergronddocument beschrijft de overstap op het nieuwe bronbestand en de gevolgen voor de koopkrachtraming.

December 18, 2019

Fan Charts December 2019

Page

The figures present fan charts around the December 2019 point forecasts for GDP growth, HICP inflation, unemployment and general government financial balance.

December 18, 2019

Decelerating growth, persisting underinvestments

Pressrelease

Economic growth is slowing down in the Netherlands due to the decline in global growth and, to a lesser extent, the issues around nitrogen and PFASs. Unemployment reached its lowest point in 2019, but will also remain exceptionally low in 2020. Labour market shortages are leading to an increase in contract wages. Inflation will slow down next year, as the impact of last year's increase in indirect taxes fades away. The budget surplus is projected to decline as a result of expansionary policies and weaker growth, but the reduction is attenuated by significant underinvestment. The main risks to the Dutch economy relate to US trade policy and the Brexit, both this year and the next, but there are also domestic risks caused by the issues around nitrogen and PFASs.

December 17, 2019

The effects of the increase in the retirement age in the Netherlands

Publication

The increase in the statutory retirement age reduced the number of pensioners. About one third of this drop results in additional employment. Net savings for the government are about 80% of direct savings on retirement (AOW) benefits.

December 17, 2019

Seminar: Experience Does not Eliminate Bubbles: Experimental Evidence

Event

On Tuesday January 14th 2020, Anita Kopányi-Peuker (CPB) will give a presentation titled: "Experience Does not Eliminate Bubbles: Experimental Evidence"