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Kingdom of the Netherlands—Netherlands: Selected Issues

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  • International Monetary Fund

Abstract

This paper investigates the determinants of trend growth and total factor productivity (TFP) growth in the Netherlands, and underscores the importance of boosting structural reforms in the Netherlands. It examines the fiscal incentives and tax deductibility. The paper summarizes recent developments in the housing market in the country. It provides systematic empirical evidence on a key measure of volatility in different sources of tax revenues. It examines the role of business cycle fluctuations, the impact of the Dutch pension fund system, corporate location decisions, and other specific factors.

Suggested Citation

  • International Monetary Fund, 2006. "Kingdom of the Netherlands—Netherlands: Selected Issues," IMF Staff Country Reports 2006/284, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2006/284
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    References listed on IDEAS

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    1. Miss Catriona Purfield, 2005. "Managing Revenue Volatility in a Small Island Economy: The Case of Kiribati," IMF Working Papers 2005/154, International Monetary Fund.
    2. Robert-Paul Berben & Kerstin Bernoth & Mauro Mastrogiacomo, 2007. "Households' response to wealth changes: do gains or losses make a difference?," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Proceedings of the IFC Conference on "Measuring the financial position of the household sector", Basel, 30-31 August 2006 - Volume 1, volume 25, pages 145-160, Bank for International Settlements.
    3. Ernesto Talvi & Carlos A. Vegh, 2000. "Tax Base Variability and Procyclical Fiscal Policy," NBER Working Papers 7499, National Bureau of Economic Research, Inc.
    4. Bollerslev, Tim, 1986. "Generalized autoregressive conditional heteroskedasticity," Journal of Econometrics, Elsevier, vol. 31(3), pages 307-327, April.
    5. Chan, K C, et al, 1992. "An Empirical Comparison of Alternative Models of the Short-Term Interest Rate," Journal of Finance, American Finance Association, vol. 47(3), pages 1209-1227, July.
    6. Kees G. Koedijk & François G. J. A. Nissen & Peter C. Schotman & Christian C. P. Wolff, 1997. "The Dynamics of Short-Term Interest Rate Volatility Reconsidered," Review of Finance, European Finance Association, vol. 1(1), pages 105-130.
    7. Longstaff, Francis A & Schwartz, Eduardo S, 1992. "Interest Rate Volatility and the Term Structure: A Two-Factor General Equilibrium Model," Journal of Finance, American Finance Association, vol. 47(4), pages 1259-1282, September.
    8. Engle, Robert F, 1982. "Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation," Econometrica, Econometric Society, vol. 50(4), pages 987-1007, July.
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    Cited by:

    1. van der Hoek, M. Peter & Radloff, Sarah. E., 2007. "Taxing owner-occupied housing: comparing the Netherlands to other European Union countries," MPRA Paper 5876, University Library of Munich, Germany.

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