The elaborates the methods for quantifying the administrative burden for companies that stems from mandatory government-related information requirements. The paper was written to support the introduction (under the Dutch EU presidency, 2004) by EU Member States of the co-called 'standard cost...

A simple model of “hourglass†problems is presented. For such problems, the benefit of a national policy measure is propagated to all countries through one single world-wide variable.<span style="font-family: NimbusRomNo9L-Regu; font-size: small;"><span style="font-family: NimbusRomNo9L-Regu; font-size: small;">The prime example is the effect of the reduction of CO</span></span><span style="font-family: NimbusRomNo9L-Regu; font-size: xx-small;"><span style="font-family: NimbusRomNo9L-Regu; font-size: xx-small;">2 </span></span><span style="font-family: NimbusRomNo9L-Regu; font-size: small;"><span style="font-family: NimbusRomNo9L-Regu; font-size: small;">emission on the world climate.</span></span><span style="font-family: NimbusRomNo9L-Regu; font-size: small;"><span style="font-family: NimbusRomNo9L-Regu; font-size: small;">Five </span></span><span style="font-family: NimbusRomNo9L-Regu; font-size: small;"><span style="font-family: NimbusRomNo9L-Regu; font-size: small;">optimal...</span></span>

This memorandum presents some basic equalities and inequalities about rates of return in discrete time, without auto-correlation. The arithmetic and geometric means are discussed. Estimation of the expected payout and the median payout is discussed, including maximum likelihood estimation.

This study analyses macro wage elasticities on labour productivity, payroll taxes, average and marginal income tax, consumer and producer prices, the replacement ratio and the unemployment rate. The data have been analyzed in a meta analysis that relates differences in each elasticity of pay...

In this memorandum the optimal capacity of Combined Heat and Power (CHP) is derived, using a simple model with an analytical solution. The solution is expressed as the fraction of the time during which the heat demand exceeds the optimal CHP heat production capacity.

Over the course of the past few years, too much credit has been made available worldwide, due to financial innovation, overly optimistic expectations and loophole-ridden regulation. Regulatory supervisors have failed because they were unable to prevent this situation. Things took a bad turn...

This paper has two aims. First, it describes CPB's contribution on bilateral services trade data to version 7 of the GTAP database. Among others, it uses reliability indices to determine the quality of the data reported by exporting and importing countries. Second, this paper discusses briefly...

Innovation is a policy area in which the European Union (EU) has the competence to support, coordinate and supplement Member States policies according to the new Lisbon Treaty (2007). The Member States (MS) have the primacy in this area and the principles of subsidiarity and proportionality...

A shortage of teachers in primary and secondary schools in the Netherlands is expected in the near future as a large part of the current workforce will retire. Recently, the Dutch government has decided to increase wages of teachers. This paper qualitatively assesses the impact of three...

This paper evaluates approximation methods to make manageable the numerical solution of overlapping generation models with aggregate risk. The paper starts with a model in which households maximize expected utility over their life cycle. Instantaneous utility is characterized by constant...