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This paper discusses the development of public expenditure in the Netherlands since 1850. Why did public expenditure increase from 14% GDP in 1850, nearly 20% in 1921, 30% GDP in 1950 and over 60% GDP in 1983? Dutch public expenditure has fallen to less than 50% GDP in 2003. Why did this...
Persistent link: https://www.econbiz.de/10015233291
The headline inflation rate is subject to unpredictable, temporary, sector-specific shocks. Therefore, various measures of core inflation have been proposed to isolate the underlying or permanent inflation component. In this paper, a number of criteria are used to evaluate several statistical...
Persistent link: https://www.econbiz.de/10005101931
This article discusses and advocates extension of the traditional price index to include asset prices. A price index which reflects current asset prices would be of great help to those preparing monetary policy for EMU, and is particularly relevant in the current situation of low inflation as...
Persistent link: https://www.econbiz.de/10005106698
Politicians and car owners are regularly concerned about the level of gasoline prices. Especially, Dutch gasoline prices seem to be high in an European perspective. This paper therefore analyses the developments of gasoline prices in the Netherlands and some other European countries from 1996 up...
Persistent link: https://www.econbiz.de/10005021885