Publications

Entrepreneurs seem to be adapting their business operations to climate policy. There is little to no evidence that climate policy has depressed the profit, productivity or turnover of an average industrial firm. →

The dip in productivity growth in 2020 was followed by a strong recovery in 2021. As in most years, the growth in labour productivity in 2021 is mainly driven by the growth in Total Factor Productivity (TFP).... →

Purchasing power restored through wage growth, but more people living below the poverty line. →

How do increases in energy prices transmit to real economic activity and influence the distribution of income? Does it matter whether households receive capital or labor income? What are the distributional and... →

In this paper, we use machine learning techniques to predict whether a company would have left the market in a world without corona. These predictions show that unhealthy companies applied for support less often than healthy companies. But we also show that the COVID-19 support has prevented most exits among unhealthy companies. This indicates that the corona support measures have had a negative impact on productivity growth. →

This study examines to what extent international student assessments are an accurate indicator of educational performance and concludes that various problems can influence the score and position of the Netherlands. →

Researchers who receive the Rubicon grant perform the same as comparable non-awarded applicants on a number of academic outcomes, such as the number of scientific publications and the citation score. →

Energy cap dampens purchasing power risks, but is not a structural solution. →

We show that gifts made to heirs before death are substantial and highly responsive to taxation. Therefore, characterising them and understanding their determinants is crucial for tax design. We use high-quality, intergenerationally-linked data on wealth, gifts, and medical expenses from the Netherlands. →

We compare machine learning techniques to a large Bayesian VAR for nowcasting and forecasting world merchandise trade. We focus on how the predictive performance of the machine learning models changes when they have... →