This paper investigates the effect of obtaining an individual research grant (Vernieuwingsimpuls or IRI -grant) on the careers of Dutch scientists. <strong>The main goal of this scheme of the Dutch Research Council is to provide relatively young, talented scientists with appealing career opportunities...</strong>

This paper compares the welfare effects of three ways in which health care can be organized: no competition (NC), competition for the market (CfM) and competition on the market (CoM) where the payer offers the optimal contract to providers in each case. We show that CfM is optimal if the payer...

Combining employment data with the British Skill Survey (BSS) –which has comparable within-occupation task data for three waves: 1997, 2001 and 2006– we analyse employment changes between occupations (extensive margin) and within occupations (intensive margin). First, we find...

This CPB Discussion Paper investigates the effect of receiving a grant from the Dutch Technology Foundation STW on the research output of an individual researcher. <strong>We find no evidence that STW grant receipt increases research output for the general funding programme (OTP) whereas the results...</strong>

This CPB Discussion Paper proposes indicators to assess government debt sustainability. Sustainable government finances can be achieved via three main channels: fiscal responses, economic growth and financial repression. The fiscal response provides information on the long-term country specific...

European business services has witnessed about two decades of virtual productivity stagnation. The paper investigates whether this is caused by weak dynamic market selection. The time pattern of scale-related inefficiencies is used as an indicator for the effectiveness of market selection. We...

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...