RaboResearch - Economic Research

Economic Report

Coalition agreement: the housing market

First we had the Spring Agreement, and now we have a coalition agreement. In addition to decisions about all kinds of other areas, measures have been taken for the further reform of the housing market.

Economic Report

A slice of Danish: the Danish mortgage model

Although the traditional Danish mortgage model offers interesting points for consideration, it would be undesirable to copy it directly. It is more important to explore ways to induce institutional investors to invest in the domestic mortgage market.

Economic Report

Overview of options for the housing market

This document maps out the effects of the respective election platforms for the economy as published by the Netherlands Bureau for Economic Policy Analysis. We conclude with our view of the likely and most desirable outcome of the coalition talks.

Economic Report

A realistic discount rate

Dutch Minister Kamp of Social Affairs recently announced plans to artificially increase the discount rate used by pension funds to value their liabilities. This Special Report looks at the desirability of the proposed changes.

Economic Quarterly Report

The Netherlands: Towards the elections

The Dutch economy has not yet managed to escape the mire, and faces rising unemployment, shrinking consumption, falling house prices and a lack of business investment. The coming months will be decisive in several respects.

Economic Quarterly Report

Focus: The grass is greener to the East

As a result of its open character, the Dutch economy fluctuates along with the international economic cycle. The Netherlands is now again in recession, while GDP in Germany continues to grow. Is the grass greener in the East?

Economic Quarterly Report

Netherlands: Uncertainty continues

Dutch citizens are again facing a package of unprecedented spending cuts and increases in tax and social insurance contributions, at least by Dutch standards. The Spring Agreement should be seen as the start of further budgetary consolidation.

Economic Report

Is the credit tap on or off?

Consumers and businesses often need credit for large expenditures. Small- and medium-sized enterprises (SME) are highly dependent on banks for financing and continuity in lending is crucially important to them.

Economic Report

The Netherlands: deservedly core

In this study we argue that although the budgetary outlook and the current political and economic situation in the Netherlands raise some eyebrows abroad, the fundamentals still point out that the Netherlands belongs to the core of the euro area.

Economic Quarterly Report

Government Finances: Reforms or cuts?

The current Dutch government has booked the Prime Minister’s official residence called ‘the Catshuis’ for three weeks to agree on billions in new spending cuts. The Dutch government says restructuring government finances is the answer to the crisis.

Economic Quarterly Report

Netherlands: Always look on the bright side

The Dutch economy is back in recession. After a quarter-on-quarter contraction in the third quarter of 2011, the size of the Dutch economy shrank by 0.7% in the last quarter of 2011. It is expected to pick up again in the course of 2012.

Economic Report

Dutch mortgage market: a liability?

Dutch gross mortgage debt totals 106% of GDP, which is higher than any other EU country. While there are certain risks associated with high levels of mortgage financing, the risks are not as high as some suggest.