Publications


February 8, 2018

Competition and pricing behavior in long term care markets: Evidence from the Market for Assistance in Daily Housekeeping Activities

Exploiting a rich data set on the Dutch market for assistance in daily housekeeping activities (ADHA), we find that larger providers obtain a higher price than do small providers. However, compared to other studies on market power in care markets this price difference is considered small to moderate.

February 6, 2018

Effects of Unconventional Monetary Policy on European Corporate Credit

In this paper we investigate whether the targeted longer-term refinancing operations (TLTRO) and the asset purchase program (APP) led to lower interest rates on new corporate credit, and whether the signalling channel and the capital relief channel played any role in the transmission of these ECB policies.

February 6, 2018

The effects of unconventional monetary policy in the euro area

How effective are unconventional monetary policies? Through which mechanisms do they work? This discussion paper contains a detailed presentation of the new scientific evidence we reported in the policy brief, and adds to the relatively scarce literature in this field.

February 1, 2018

Fiscal incentives and the choice of organization form in the Netherlands

This paper studies the impact of fi scal incentives on the choice of organizational form.To determine the fiscal incentive we construct the alternative before-tax income and simulate the tax incentive.

January 24, 2018

Should CBA’s include a correction for the marginal excess burden of taxation?

According to economic theory, taxation drives a wedge between private and public benefits, which distorts labour supply, consumption and investment and leads to loss of welfare.

January 18, 2018

Firm heterogeneity and exports in the Netherlands: Identifying export potential

According to the Melitz (2003) model, potential exporters have to be sufficiently productive to overcome the entry costs of foreign markets. Once firms pass this productivity threshold, they all export. However, empirical evidence indicates that a substantial share of high-productive firms do not export.

December 20, 2017

Forecast December 2017

De economische groei zet volgend jaar door. Het bbp neemt, net als in 2017, toe met meer dan 3%. Dergelijke groeipercentages hebben zich sinds 2007 niet meer voorgedaan. Hierdoor is volgend jaar sprake van hoogconjunctuur. Alle bestedingen dragen bij aan de economische groei.

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December 7, 2017

Cost-Sharing Design Matters: A Comparison of the Rebate and Deductible in Healthcare

Since 2006, the Dutch population has faced two different cost-sharing schemes in health insurance for curative care: a mandatory rebate of 255 euros in 2006 and 2007, and since 2008 a mandatory deductible. Using administrative data for the entire Dutch population, we compare the effect of both cost-sharing schemes on healthcare consumption between 2006 and 2013.

December 4, 2017

CPB’s role in the Dutch budgetary process

Presentation used by Wim Suyker at the 'Masterclass public finance Erasmus University – Algemene Rekenkamer', November 28, 2017.

November 22, 2017

Cheaper and More Haircuts After VAT Cut? Evidence From the Netherlands

We study the effect of the reduction in the VAT rate on services by hairdressers from 17.5 to 6 percent in the Netherlands in January 2000.