This study assesses the role of feed-in tariffs (FITs) and renewable energy certificates (RECs) in creating incentives for cross-border investments and for investments in particular technological portfolios via M&A. <span style="font-family: 'Times New Roman','serif'; font-size: 11pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-GB; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA;"><span style="color: #000000;">The analysis explores the dataset on M&As in alternative energy sources...</span></span>

In this study, we investigate the anatomy of older workers’ wages. The central question is whether the wage cushion—i.e., the difference between actual wages and collectively agreed-upon (maximum) contractual wages—contributes to the fact that wages continue increasing at...

in this paper we investigate the individual returns to a doctorate education in the Netherlands over the first twenty years of a career. We compare monthly incomes of PhDs to that of Master graduates with the same years of experience, gender and field of study and who took the same time to...

We analyse the effects of financial shocks on economic development in the euro area and the Netherlands in particular. We develop VAR models that take account of feedback loops between financial-market conditions and the real economy. These feedback loops operate via the aggregated euro-area...

This paper (CPB/PBL) uses the computable general equilibrium model WorldScan to analyse interactions between EU’s air pollution and climate change policies. Covering the entire world and seven EU countries, WorldScan simulates economic growth in a neo-classical recursive dynamic...

The increasing importance of global supply chains has prompted the use of analytical tools based on trade in value added – instead of traditional measures in gross value. We extend this analytical framework to create indicators that identify hubs and spokes in international supply...

We examine the impact of bilateral investment treaties (BITs) on bilateral FDI stocks using extensive data from 1985 until 2011. We correct for endogeneity using indicators for governance and membership of international organisations. We find that ratified BITs increase on average bilateral...

This research investigates to what extent subjective teacher assessment of children’s ability adds to the use of test scores in the explanation of children’s outcomes in the transition from elementary to secondary school. This in terms of initial track allocation, track switching...

This paper investigates the effect of coaching in vocational education on school dropout using data from a randomized experiment. We find that one year of coaching reduces school dropout by more than 40 percent from 17 to 10 percentage points. The reduction in school dropout results from two...

This paper examines the causal link that runs from classroom quality to student achievement using data on twin pairs who entered the same school but were allocated to different classrooms in an exogenous way. In particular, we apply twin fixed-effects estimation to assess the effect of teacher...