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        <title>DNB -  Publicaties Onderzoek</title>
        <description></description>
        <pubDate>Mon, 08 Nov 2021 10:19:52 GMT</pubDate>
        <lastBuildDate>Mon, 20 Apr 2026 16:33:25 GMT</lastBuildDate>

<link>https://www.dnb.nl/</link>
                <item>
                    <title>Identifying scenarios of interest under deep uncertainty</title>
                    <description></description>
                    <pubDate>Mon, 20 Apr 2026 16:33:25 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2026/860-identifying-scenarios-of-interest-under-deep-uncertainty/</link>                </item>
                <item>
                    <title>The Employment Concentration Channel of Monetary Policy</title>
                    <description></description>
                    <pubDate>Mon, 20 Apr 2026 09:30:40 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2026/859-the-employment-concentration-channel-of-monetary-policy/</link>                </item>
                <item>
                    <title>On the Limits of Hedging Inflation Risk in Investment Portfolios</title>
                    <description>We explore to what extent real returns on investment portfolios can be hedged against inflation risk by using existing financial market instruments. We empirically find that inflation-linked bonds offer only limited protection against inflation...</description>
                    <pubDate>Fri, 10 Apr 2026 10:25:45 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2026/858-on-the-limits-of-hedging-inflation-risk-in-investment-portfolios/</link>                </item>
                <item>
                    <title>From nature shocks to financial stability Incorporating nature physical risks – in particular water-related risks – into banks’ credit risk models and insurers’ market risk models</title>
                    <description>This paper presents a top-down stress testing framework for estimating the financial (stability)&#xA;impact of nature degradation. The methodology links the three components of the NGFS&#xA;conceptual framework on nature-related risks...</description>
                    <pubDate>Thu, 09 Apr 2026 14:42:06 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2026/857-from-nature-shocks-to-financial-stability-incorporating-nature-physical-risks-in-particular-water-related-risks-into-banks-credit-risk-models-and-insurers-market-risk-models/</link>                </item>
                <item>
                    <title>Locked out by loyalty: entry deterrence through rebates in payment card markets</title>
                    <description>Payment card markets are globally dominated by a few large card networks, which&#xA;give significant rebates to issuing banks. Policy makers are concerned about rising&#xA;merchant fees and the overreliance...</description>
                    <pubDate>Tue, 07 Apr 2026 16:41:13 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2026/856-locked-out-by-loyalty-entry-deterrence-through-rebates-in-payment-card-markets/</link>                </item>
                <item>
                    <title>Waar gaat de tijd naartoe? Niet-kerntaken op het werk: ruimte voor productiviteitswinst? </title>
                    <description>Werkenden in Nederland besteden een aanzienlijk deel van hun werktijd aan taken die zij zelf niet als hun kerntaken beschouwen, zoals overleg en administratie. In een krappe arbeidsmarkt maakt dat de vraag des te relevanter hoe effectief werkuren worden ingezet.</description>
                    <pubDate>Thu, 02 Apr 2026 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/waar-gaat-de-tijd-naartoe-niet-kerntaken-op-het-werk-ruimte-voor-productiviteitswinst/</link>                </item>
                <item>
                    <title>Optimal Job Retention</title>
                    <description></description>
                    <pubDate>Thu, 02 Apr 2026 11:13:57 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2026/855-optimal-job-retention/</link>                </item>
                <item>
                    <title>How should monetary policy respond to tariffs?</title>
                    <description>This analysis explores how tariffs propagate through prices, trade flows, and growth, and outlines why central banks should not only monitor price pressures, but also the broader impact on demand, confidence, and financial conditions.</description>
                    <pubDate>Thu, 05 Mar 2026 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/how-should-monetary-policy-respond-to-tariffs/</link>                </item>
                <item>
                    <title>Cross-border banking, intragroup exposures and risk-taking</title>
                    <description>Regulatory limits on intragroup exposures constrain capital allocation within multi-national banking groups. We develop a theoretical model of cross-border banking that captures internal capital markets under supranational supervision and borrowing constraints....</description>
                    <pubDate>Tue, 24 Feb 2026 15:09:57 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2026/854-cross-border-banking-intragroup-exposures-and-risk-taking/</link>                </item>
                <item>
                    <title>Toezicht pensioentransitie 2026</title>
                    <description>Tijdens de jaarlijkse persconferentie over het toezicht, heeft DNB een publicatie gedeeld met de tot nu toe opgedane lessen uit de Wtp-transitie. In deze publicatie gaan wij uitgebreid in op onze rol tijdens de transitie en delen wij relevante observaties en bevindingen van de invaarbeoordelingen.</description>
                    <pubDate>Tue, 24 Feb 2026 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/toezicht-pensioentransitie-2026/</link>                </item>
                <item>
                    <title>The economic consequences of defence spending</title>
                    <description>In this study we look at the expected economic effects of the increasing defence spending in the Netherlands, and how policy can influence economic outcomes. The Netherlands, along with other NATO member states, has committed itself to spending 3,5% of GDP on defence by 2035. </description>
                    <pubDate>Fri, 06 Feb 2026 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/the-economic-consequences-of-defence-spending/</link>                </item>
                <item>
                    <title>Optimal Conventional and Unconventional Monetary Policy Mix</title>
                    <description></description>
                    <pubDate>Fri, 09 Jan 2026 15:14:35 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2026/853-optimal-conventional-and-unconventional-monetary-policy-mix/</link>                </item>
                <item>
                    <title>Reflectie op de doelmatigheid en mogelijke gevolgen van directe regulering van spaarrentes</title>
                    <description>De ACM heeft in haar rapport over concurrentie op de spaarmarkt verschillende aanbevelingen gedaan om de overstapdrempel te verlagen. Zij geeft daarbij aan dat, als deze maatregelen de concurrentie onvoldoende verbeteren, in het uiterste geval kan worden overwogen om spaarrentes direct te reguleren.</description>
                    <pubDate>Mon, 22 Dec 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/reflectie-op-de-doelmatigheid-en-mogelijke-gevolgen-van-directe-regulering-van-spaarrentes/</link>                </item>
                <item>
                    <title>Risico’s voor financiële instellingen door de blootstelling aan techaandelen</title>
                    <description>De blootstelling van pensioenfondsen, verzekeraars en beleggingsinstellingen aan de aandelen van techbedrijven is significant en nam de afgelopen vijf jaar toe.</description>
                    <pubDate>Wed, 17 Dec 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/risico-s-voor-financiele-instellingen-door-de-blootstelling-aan-techaandelen/</link>                </item>
                <item>
                    <title>Who’s on FIRE? Household characteristics and the formation of inflation expectations</title>
                    <description></description>
                    <pubDate>Wed, 17 Dec 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/852-who-s-on-fire-household-characteristics-and-the-formation-of-inflation-expectations/</link>                </item>
                <item>
                    <title>Who manages the household purse? Factors shaping payment task allocation between partners and its implications</title>
                    <description></description>
                    <pubDate>Tue, 16 Dec 2025 17:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/851-who-manages-the-household-purse-factors-shaping-payment-task-allocation-between-partners-and-its-implications/</link>                </item>
                <item>
                    <title>From Silent Generation to Gen Z: Who Appreciates a Social and Sustainable Bank Most?</title>
                    <description></description>
                    <pubDate>Wed, 10 Dec 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/849-from-silent-generation-to-gen-z-who-appreciates-a-social-and-sustainable-bank-most/</link>                </item>
                <item>
                    <title>Uitvraag mkb-financiering: hoeveel financiering ontvangt het Nederlandse mkb van banken en niet-bancaire financiers?</title>
                    <description>Het mkb is volgens velen een belangrijke motor van de Nederlandse economie. Maar hoeveel financiering ontvangt deze motor nou eigenlijk van Nederlandse financi&amp;#235;le instellingen? In 2025 heeft DNB, in samenwerking met andere partijen een uitvraag uitgevoerd hiernaar. </description>
                    <pubDate>Tue, 09 Dec 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/uitvraag-mkb-financiering-hoeveel-financiering-ontvangt-het-nederlandse-mkb-van-banken-en-niet-bancaire-financiers/</link>                </item>
                <item>
                    <title>Predictability of Monetary Policy Surprises and Euro Area Macroeconomic Dynamics </title>
                    <description></description>
                    <pubDate>Thu, 04 Dec 2025 15:16:49 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/850-predictability-of-monetary-policy-surprises-and-euro-area-macroeconomic-dynamics/</link>                </item>
                <item>
                    <title>The cost of closure: the relation between the presence of bank branches and trust</title>
                    <description></description>
                    <pubDate>Mon, 17 Nov 2025 14:56:22 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/848-the-cost-of-closure-the-relation-between-the-presence-of-bank-branches-and-trust/</link>                </item>
                <item>
                    <title>Overstromingen en financiële stabiliteit: De impact van zeespiegelstijging </title>
                    <description></description>
                    <pubDate>Fri, 07 Nov 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/dnb-analyse-overstromingen-en-financiele-stabiliteit-de-impact-van-zeespiegelstijging/</link>                </item>
                <item>
                    <title>The Role of Ambiguity in the Monetary Policy Transmissions: Evidence from the European Repo Market</title>
                    <description>We develop a method to measure ambiguity&#x2014;uncertainty about the distribution of outcomes&#x2014;&#xA;in asset markets, using the volatility of the empirical distribution of unpredictable&#xA;components in transaction prices. For comparison, we measure risk as the volatility of&#xA;the unpredictable price.... &#xA;</description>
                    <pubDate>Wed, 05 Nov 2025 15:26:31 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/847-the-role-of-ambiguity-in-the-monetary-policy-transmissions-evidence-from-the-european-repo-market/</link>                </item>
                <item>
                    <title>An econometric investigation on the stability of stablecoins: Are these coins stable or is their stability just a flip of the coin? </title>
                    <description></description>
                    <pubDate>Tue, 04 Nov 2025 11:46:44 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/846-an-econometric-investigation-on-the-stability-of-stablecoins-are-these-coins-stable-or-is-their-stability-just-a-flip-of-the-coin/</link>                </item>
                <item>
                    <title>Floods and homeowners’ financial resilience: Survey-based evidence from the Netherlands</title>
                    <description></description>
                    <pubDate>Wed, 15 Oct 2025 15:13:12 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/845-floods-and-homeowners-financial-resilience-survey-based-evidence-from-the-netherlands/</link>                </item>
                <item>
                    <title>Fiscal Drag in Theory and in Practice: a European Perspective</title>
                    <description></description>
                    <pubDate>Fri, 03 Oct 2025 10:45:22 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/844-fiscal-drag-in-theory-and-in-practice-a-european-perspective/</link>                </item>
                <item>
                    <title>How do rising temperatures affect inflation expectations?</title>
                    <description></description>
                    <pubDate>Thu, 02 Oct 2025 13:30:59 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/843-how-do-rising-temperatures-affect-inflation-expectations/</link>                </item>
                <item>
                    <title>Macroprudential Policy, Household Credit and House Prices</title>
                    <description></description>
                    <pubDate>Thu, 02 Oct 2025 13:12:16 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/842-macroprudential-policy-household-credit-and-house-prices/</link>                </item>
                <item>
                    <title>Carbon taxation and precautionary savings</title>
                    <description></description>
                    <pubDate>Mon, 15 Sep 2025 16:02:10 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/841-carbon-taxation-and-precautionary-savings/</link>                </item>
                <item>
                    <title>Inflation differentials as rebalancing mechanism in the EMU: the case of the Netherlands</title>
                    <description>The Netherlands (NL) has experienced higher inflation than the euro area (EA) as a whole. The inflation differential has widened significantly since 2020. This stems from a mix of structural, cyclical and one-off factors.&#xA;&#xA;</description>
                    <pubDate>Wed, 03 Sep 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/inflation-differentials-as-rebalancing-mechanism-in-the-emu-the-case-of-the-netherlands/</link>                </item>
                <item>
                    <title>Commitment vs Credibility: Macroeconomic Effects of Climate Policy Uncertainty</title>
                    <description></description>
                    <pubDate>Tue, 02 Sep 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/840-commitment-vs-credibility-macroeconomic-effects-of-climate-policy-uncertainty/</link>                </item>
                <item>
                    <title>Attitudes of Dutch merchants towards the digital euro</title>
                    <description>The national central banks of the Eurosystem are preparing for the possible issuance of a digital euro. This initiative aims to provide a universally accepted, secure, and reliable form of central bank money in the digital era in the eurozone.</description>
                    <pubDate>Thu, 28 Aug 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2025-attitudes-of-dutch-merchants-towards-the-digital-euro/</link>                </item>
                <item>
                    <title>Mapping Physical Climate Risk Exposure in Euro Area firms: Linking E-PRTR and RIAD with a Fuzzy Match</title>
                    <description>Extreme weather events are becoming more frequent and severe, posing growing risks to the European economy. These events, such as floods and storms, can lead to substantial economic losses, particularly for firms with physical assets in vulnerable locations.</description>
                    <pubDate>Thu, 28 Aug 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/mapping-physical-climate-risk-exposure-in-euro-area-firms-linking-e-prtr-and-riad-with-a-fuzzy-match/</link>                </item>
                <item>
                    <title>Federated Modelling: A new framework and an application to system-wide stress testing</title>
                    <description>This paper builds on existing literature on federated learning to introduce an innovative framework, which we call federated modelling. Federated modelling enables collaborative modelling by a group of participants while bypassing the need for disclosing participants&#x2019; underlying private data...</description>
                    <pubDate>Thu, 21 Aug 2025 10:25:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2025-federated-modelling-a-new-framework-and-an-application-to-system-wide-stress-testing/</link>                </item>
                <item>
                    <title>Competition among Dutch pension funds: is there any? </title>
                    <description></description>
                    <pubDate>Wed, 16 Jul 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/839-competition-among-dutch-pension-funds-is-there-any/</link>                </item>
                <item>
                    <title>Doorstroming op de Nederlandse woningmarkt</title>
                    <description>In het kader van het Interdepartementaal Beleidsonderzoek (IBO) Huursector brengen we de mate van doorstroming in de Nederlandse woningmarkt in kaart.</description>
                    <pubDate>Fri, 04 Jul 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/doorstroming-op-de-nederlandse-woningmarkt/</link>                </item>
                <item>
                    <title>Energie-inflatie: De impact van de energiecrisis op huishoudens</title>
                    <description>De energie-inflatie van de afgelopen jaren heeft huishoudens in Nederland hard geraakt. Vooral de sterk gestegen prijzen voor gas en elektriciteit leidden tot een opvallend hoge inflatie. </description>
                    <pubDate>Thu, 03 Jul 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/energie-inflatie-de-impact-van-de-energiecrisis-op-huishoudens/</link>                </item>
                <item>
                    <title>Hedging against inflation: International evidence on investor clientele effects in the bond market</title>
                    <description>Governments across the world have issued inflation-linked debt to finance their deficits. Recent advances in asset pricing models recognize that there may be clientele effects that affect relative prices, especially in bond markets. </description>
                    <pubDate>Wed, 25 Jun 2025 15:19:43 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/838-hedging-against-inflation-international-evidence-on-investor-clientele-effects-in-the-bond-market/</link>                </item>
                <item>
                    <title>The local supply effect of asset purchases: evidence from the Eurosystem's CSPP</title>
                    <description>We estimate to what extent the Eurosystem&#x2019;s Corporate Sector Purchase Programme (CSPP) impacted the price of securities that were actually bought, or their close substitutes, more than the price....</description>
                    <pubDate>Tue, 17 Jun 2025 16:09:13 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/837-the-local-supply-effect-of-asset-purchases-evidence-from-the-eurosystem-s-cspp/</link>                </item>
                <item>
                    <title>Grondslag van een planbatenheffing</title>
                    <description>Een goed functionerende woningmarkt is belangrijk voor onze economie. Ontwikkelingen op de woningmarkt kunnen gevolgen hebben voor investeringen, consumptie en de financi&amp;#235;le stabiliteit. </description>
                    <pubDate>Mon, 02 Jun 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/grondslag-van-een-planbatenheffing/</link>                </item>
                <item>
                    <title>A liquidity black hole: What is the impact of a failing participant in a large value payment system and does time matter? </title>
                    <description>This paper presents a methodology to detect potential failing participants in large value payment systems and measure the intraday impact of outages...</description>
                    <pubDate>Thu, 22 May 2025 14:49:11 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/836-a-liquidity-black-hole-what-is-the-impact-of-a-failing-participant-in-a-large-value-payment-system-and-does-time-matter/</link>                </item>
                <item>
                    <title>Retained earnings and the current account</title>
                    <description>The current account is a key macro-economic indicator for policymakers. Following the suggestion by international policymakers, we compile an alternative measure for the current account which neutralizes several interpretation issues that exist in official figures. </description>
                    <pubDate>Thu, 22 May 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/retained-earnings-and-the-current-account/</link>                </item>
                <item>
                    <title>The Dynamic Relationship between Delinquency Rates, Funding and Market Liquidity and Asset Prices in Private Commercial Real Estate Markets</title>
                    <description>We employ a panel vector auto-regressive model to analyze the dynamic interactions&#xA;between delinquency rates on bank loans, funding and market liquidity, and asset price&#xA;movements in regional U.S. commercial real estate...</description>
                    <pubDate>Tue, 13 May 2025 15:16:45 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/835-the-dynamic-relationship-between-delinquency-rates-funding-and-market-liquidity-and-asset-prices-in-private-commercial-real-estate-markets/</link>                </item>
                <item>
                    <title>The impact of uncertainty on tail risk in the Dutch economy</title>
                    <description>Measures of uncertainty have surged recently, especially following the announcements of trade tariffs by the US administration. Based on a Growth-at-Risk (GaR) model we show that elevated uncertainty is associated with heightened tail risks for the Dutch economy and financial system.</description>
                    <pubDate>Thu, 08 May 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/the-impact-of-uncertainty-on-tail-risk-in-the-dutch-economy/</link>                </item>
                <item>
                    <title> Uncertainty and climate policy in the Netherlands: measure and economic effects</title>
                    <description>Uncertainty about how climate policy will evolve comes at a cost, making the transition towards climate neutrality more difficult and expensive for everyone involved. Climate policy uncertainty (CPU) is rising, both in absolute terms and as a share of total uncertainty.</description>
                    <pubDate>Thu, 08 May 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/uncertainty-and-climate-policy-in-the-netherlands-measure-and-economic-effects/</link>                </item>
                <item>
                    <title>The regulatory precondition to sovereign risk transmission</title>
                    <description>This paper examines the role of regulation on how sovereign risk shocks affect bank balance sheets using a panel local projection approach and a newly created dataset of...</description>
                    <pubDate>Tue, 06 May 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/834-the-regulatory-precondition-to-sovereign-risk-transmission/</link>                </item>
                <item>
                    <title>Koploper of hekkensluiter? De Nederlandse arbeidsproductiviteitsgroei in internationaal en sectoraal perspectief</title>
                    <description>De economische groei in Nederland blijft al langere tijd achter bij die in de VS, met name vanwege een lagere groei van de arbeidsproductiviteit. Hoewel de arbeidsproductiviteitsgroei van de totale economie laag is, blijkt deze veel hoger te zijn wanneer we ons concentreren op de relevante marktsec</description>
                    <pubDate>Fri, 02 May 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/koploper-of-hekkensluiter-de-nederlandse-arbeidsproductiviteitsgroei-in-internationaal-en-sectoraal-perspectief/</link>                </item>
                <item>
                    <title>Toward Paris-Aligned Sovereign Investment Portfolios: Utilizing Implied Temperature Rise as a Measure of Alignment</title>
                    <description></description>
                    <pubDate>Thu, 01 May 2025 11:31:15 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/833-toward-paris-aligned-sovereign-investment-portfolios-utilizing-implied-temperature-rise-as-a-measure-of-alignment/</link>                </item>
                <item>
                    <title>The offline digital euro and holding limits: a user-centred approach</title>
                    <description>The national central banks of the Eurosystem are investigating the possibility of issuing a retail central bank digital currency (CBDC) &#x2013; the digital euro &#x2013; alongside cash. </description>
                    <pubDate>Tue, 15 Apr 2025 10:25:44 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2025-the-offline-digital-euro-and-holding-limits-a-user-centred-approach/</link>                </item>
                <item>
                    <title>Competitiveness of the Dutch energy-intensive industry: energy prices, grid costs and ETS </title>
                    <description>Industrial competitiveness is back as a central topic on the table of policy makers all over Europe. This renewed attention has been driven by changes to the relative cost-efficiency of European industrial production. </description>
                    <pubDate>Wed, 02 Apr 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2025-competitiveness-of-the-dutch-energy-intensive-industry-energy-prices-grid-costs-and-ets/</link>                </item>
                <item>
                    <title>Heterogeniteit van de effecten van een CO2-belasting op de Nederlandse industrie</title>
                    <description>Nederland heeft zich gecommitteerd aan klimaatneutraliteit in 2050, met een tussentijds doel van 55% reductie van de emissies ten opzichte van 1990 in 2030. De industrie is hierbij een belangrijke sector, aangezien deze verantwoordelijk is voor ongeveer een derde van de nationale CO2-uitstoot. </description>
                    <pubDate>Wed, 02 Apr 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/heterogeniteit-van-de-effecten-van-een-co2-belasting-op-de-nederlandse-industrie/</link>                </item>
                <item>
                    <title>European SMEs, Corporate Finance and Economic Resilience to Floods</title>
                    <description>We investigate how leverage and the debt maturity structure of SMEs influences their resilience to floods.</description>
                    <pubDate>Tue, 25 Mar 2025 16:46:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/832-european-smes-corporate-finance-and-economic-resilience-to-floods/</link>                </item>
                <item>
                    <title>Payment literacy pays off: higher trust and financial inclusion</title>
                    <description></description>
                    <pubDate>Tue, 25 Mar 2025 13:39:12 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/831-payment-literacy-pays-off-higher-trust-and-financial-inclusion/</link>                </item>
                <item>
                    <title>Inequality along the European green transition</title>
                    <description></description>
                    <pubDate>Tue, 11 Mar 2025 17:16:29 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/830-inequality-along-the-european-green-transition/</link>                </item>
                <item>
                    <title>Het effect van begrotingsbeleid op inflatie</title>
                    <description>Deze analyse laat zien dat het effect van begrotingsbeleid op inflatie verschilt per uitgaven- en belastingsoort en afhankelijk is van de stand van de economie. Daarmee biedt de analyse beleidsmakers handvatten voor het meewegen van het effect van overheidsbeleid op inflatie.</description>
                    <pubDate>Tue, 11 Mar 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/het-effect-van-begrotingsbeleid-op-inflatie/</link>                </item>
                <item>
                    <title>Long-Run Inflation Expectations</title>
                    <description></description>
                    <pubDate>Fri, 07 Mar 2025 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/829-long-run-inflation-expectations/</link>                </item>
                <item>
                    <title>Forecasting Dutch inflation using machine learning methods</title>
                    <description></description>
                    <pubDate>Wed, 05 Feb 2025 12:56:08 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/828-forecasting-dutch-inflation-using-machine-learning-methods/</link>                </item>
                <item>
                    <title>Untangling Illiquidity: Optimal Asset Allocation with Private Asset Classes</title>
                    <description></description>
                    <pubDate>Thu, 30 Jan 2025 17:20:38 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/827-untangling-illiquidity-optimal-asset-allocation-with-private-asset-classes/</link>                </item>
                <item>
                    <title>Quantitative easing and preferred habitat investors in the euro area bond market</title>
                    <description></description>
                    <pubDate>Tue, 28 Jan 2025 09:16:03 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/826-quantitative-easing-and-preferred-habitat-investors-in-the-euro-area-bond-market/</link>                </item>
                <item>
                    <title>Consumption insurance and credit shocks</title>
                    <description></description>
                    <pubDate>Thu, 16 Jan 2025 10:51:44 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2025/825-consumption-insurance-and-credit-shocks/</link>                </item>
                <item>
                    <title>Residual Mortgage Debt, Insurance, and Defaults in the Netherlands</title>
                    <description></description>
                    <pubDate>Mon, 16 Dec 2024 12:44:28 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/824-residual-mortgage-debt-insurance-and-defaults-in-the-netherlands/</link>                </item>
                <item>
                    <title>Residual-debt insurance and mortgage repayments</title>
                    <description></description>
                    <pubDate>Fri, 13 Dec 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/823-residual-debt-insurance-and-mortgage-repayments/</link>                </item>
                <item>
                    <title>Large pension funds do not invest more effectively than smaller pension funds</title>
                    <description></description>
                    <pubDate>Wed, 04 Dec 2024 11:13:22 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/822-large-pension-funds-do-not-invest-more-effectively-than-smaller-pension-funds/</link>                </item>
                <item>
                    <title>Uncovering the Effects of Government Spending through Tax Foresight</title>
                    <description></description>
                    <pubDate>Tue, 26 Nov 2024 17:07:52 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/821-uncovering-the-effects-of-government-spending-through-tax-foresight/</link>                </item>
                <item>
                    <title>Fiscal Policy and Inflation in the Euro Area</title>
                    <description></description>
                    <pubDate>Mon, 25 Nov 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/820-fiscal-policy-and-inflation-in-the-euro-area/</link>                </item>
                <item>
                    <title>DFROG: A nowcasting model for GDP growth</title>
                    <description></description>
                    <pubDate>Wed, 20 Nov 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/819-dfrog-a-nowcasting-model-for-gdp-growth/</link>                </item>
                <item>
                    <title>Scenario discovery to address deep uncertainty in monetary policy</title>
                    <description></description>
                    <pubDate>Fri, 08 Nov 2024 12:00:52 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/818-scenario-discovery-to-address-deep-uncertainty-in-monetary-policy/</link>                </item>
                <item>
                    <title>Climate-Linked Bonds</title>
                    <description></description>
                    <pubDate>Thu, 31 Oct 2024 15:14:20 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/817-climate-linked-bonds/</link>                </item>
                <item>
                    <title>Green Transition in the Euro Area: Domestic and Global Factors</title>
                    <description></description>
                    <pubDate>Thu, 03 Oct 2024 16:58:26 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/816-green-transition-in-the-euro-area-domestic-and-global-factors/</link>                </item>
                <item>
                    <title>Financial literacy in the DNB Household Survey: Insights from innovative data collection</title>
                    <description></description>
                    <pubDate>Mon, 23 Sep 2024 16:07:18 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/815-financial-literacy-in-the-dnb-household-survey-insights-from-innovative-data-collection/</link>                </item>
                <item>
                    <title>De effecten van de nieuwe Europese begrotingsregels</title>
                    <description>Eind april zijn nieuwe Europese begrotingsregels in werking getreden. Deze regels zijn vastgelegd in het zogeheten Stabiliteits- en Groeipact (SGP). Goed werkende begrotingsregels zijn essentieel voor een stabiele muntunie.</description>
                    <pubDate>Fri, 20 Sep 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/de-effecten-van-de-nieuwe-europese-begrotingsregels/</link>                </item>
                <item>
                    <title>The ecosystem service degradation sensitivity indicator (EDSI): A new framework for understanding the financial risk repercussions of nature degradation</title>
                    <description></description>
                    <pubDate>Tue, 27 Aug 2024 11:38:24 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/814-the-ecosystem-service-degradation-sensitivity-indicator-edsi-a-new-framework-for-understanding-the-financial-risk-repercussions-of-nature-degradation/</link>                </item>
                <item>
                    <title>De reactie van het monetaire beleid op hoge inflatie</title>
                    <description>In deze analyse onderzoeken we de oorzaken van de recente inflatieontwikkelingen, waarbij we ingaan op de bijdrage van het monetaire beleid. Daarnaast beschrijven we het transmissieproces van de verkrapping van het monetaire beleid.</description>
                    <pubDate>Tue, 06 Aug 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/de-reactie-van-het-monetaire-beleid-op-hoge-inflatie/</link>                </item>
                <item>
                    <title>On the profitability of central banks</title>
                    <description>Central bank profits are important as they help to maintain a strong balance sheet and financial independence from the government.</description>
                    <pubDate>Thu, 01 Aug 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/volume-21-3-on-the-profitability-of-central-banks/</link>                </item>
                <item>
                    <title>Barriers to Entry and the Labor Market</title>
                    <description></description>
                    <pubDate>Mon, 08 Jul 2024 15:30:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/813-barriers-to-entry-and-the-labor-market/</link>                </item>
                <item>
                    <title>De toereikendheid van pensioenen: naar een completer beeld van pensioeninkomen van de Nederlandse bevolking</title>
                    <description>Dit onderzoek geeft uitgebreide informatie over de pensioenopbouw van Nederlandse huishoudens en de toereikendheid van die pensioenen. De toereikendheid bepalen we aan de hand van twee doelstellingen van pensioenen: het voorkomen van armoede en het voortzetten van de levensstandaard.</description>
                    <pubDate>Thu, 27 Jun 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/de-toereikendheid-van-pensioenen/</link>                </item>
                <item>
                    <title>Internationale verwevenheid scherper in beeld</title>
                    <description>In deze analyse publiceert DNB verbeterde betalingsbalansgegevens die een scherper beeld geven van de economische relaties van Nederland met het buitenland. De Nederlandse economie is sterk verweven met het buitenland.</description>
                    <pubDate>Mon, 24 Jun 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/internationale-verwevenheid-scherper-in-beeld/</link>                </item>
                <item>
                    <title>Great Layoff, Great Retirement and Post-pandemic Inflation</title>
                    <description></description>
                    <pubDate>Tue, 07 May 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/812-great-layoff-great-retirement-and-post-pandemic-inflation/</link>                </item>
                <item>
                    <title>Reallocation, Productivity, and Monetary Policy in an Energy Crisis</title>
                    <description></description>
                    <pubDate>Tue, 30 Apr 2024 10:22:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/811-reallocation-productivity-and-monetary-policy-in-an-energy-crisis/</link>                </item>
                <item>
                    <title>The effect of information on consumer inflation expectations</title>
                    <description></description>
                    <pubDate>Mon, 29 Apr 2024 12:14:08 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/810-the-effect-of-information-on-consumer-inflation-expectations/</link>                </item>
                <item>
                    <title>Central Bank Capital and Shareholder Relationship</title>
                    <description></description>
                    <pubDate>Mon, 08 Apr 2024 16:39:57 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/809-central-bank-capital-and-shareholder-relationship/</link>                </item>
                <item>
                    <title>Detecting turning points in the inflation cycle</title>
                    <description></description>
                    <pubDate>Tue, 26 Mar 2024 12:44:57 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/808-detecting-turning-points-in-the-inflation-cycle/</link>                </item>
                <item>
                    <title>Drijvende krachten achter de Nederlandse inflatie tijdens de pandemie</title>
                    <description>We analyseren de drijvende krachten achter de inflatie in Nederland met behulp van een model dat is ontwikkeld door Bernanke en Blanchard (2023). Schokken in de prijzen van energie en voedingsmiddelen blijken de voornaamste bijdrage aan de Nederlandse inflatie in 2021 en 2022 te hebben geleverd..</description>
                    <pubDate>Fri, 22 Mar 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/drijvende-krachten-achter-de-nederlandse-inflatie-tijdens-de-pandemie/</link>                </item>
                <item>
                    <title>Consumer participation in the credit market during the COVID-19 pandemic and beyond</title>
                    <description></description>
                    <pubDate>Tue, 12 Mar 2024 15:45:56 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/807-consumer-participation-in-the-credit-market-during-the-covid-19-pandemic-and-beyond/</link>                </item>
                <item>
                    <title>Een analyse van de klimaatactieplannen van financiële instellingen </title>
                    <description>Circa 50 banken, verzekeraars, pensioenfondsen en vermogensbeheerders hebben in 2019 het Klimaatcommitment ondertekend.&amp;#160;Hoewel DNB geen toezichthouder is op de voortgang van het Klimaatcommitment zijn de actieplannen relevant voor DNB als prudentieel toezichthouder.</description>
                    <pubDate>Fri, 08 Mar 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/een-analyse-van-de-klimaatactieplannen-van-financiele-instellingen/</link>                </item>
                <item>
                    <title>Harnessing Machine Learning for Real-Time Inflation Nowcasting</title>
                    <description></description>
                    <pubDate>Fri, 08 Mar 2024 11:38:15 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/806-harnessing-machine-learning-for-real-time-inflation-nowcasting/</link>                </item>
                <item>
                    <title>Gender gaps in the world of payments</title>
                    <description></description>
                    <pubDate>Fri, 08 Mar 2024 07:45:35 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/805-gender-gaps-in-the-world-of-payments/</link>                </item>
                <item>
                    <title>Natuurgerelateerde financiële risico's in onze eigen beleggingen: Een verkennend onderzoek en detailbeoordeling van elektriciteitsbedrijven</title>
                    <description>De achteruitgang van de natuur brengt grote risico&amp;#39;s met zich mee voor het bedrijfsleven, de financi&amp;#235;le sector en de samenleving, zowel nu als in de toekomst. In de financi&amp;#235;le sector groeit het besef dat het belangrijk is om inzicht in natuurgerelateerde financi&amp;#235;le risico&amp;#39;s te krijgen en [...].</description>
                    <pubDate>Mon, 04 Mar 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/natuurgerelateerde-financiele-risico-s-in-onze-eigen-beleggingen-een-verkennend-onderzoek-en-detailbeoordeling-van-elektriciteitsbedrijven/</link>                </item>
                <item>
                    <title>Distinguishing payment user groups by clustering transaction data</title>
                    <description>Using payment diary surveys from Dutch consumers, we identify five distinct payment user groups, each exhibiting different demographic characteristics and payment behaviours. </description>
                    <pubDate>Fri, 16 Feb 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/dnb-analyse-distinguishing-payment-user-groups-by-clustering-transaction-data/</link>                </item>
                <item>
                    <title>Keeping up with the Jansens: causal peer effect on household spending, beliefs and happiness</title>
                    <description></description>
                    <pubDate>Thu, 15 Feb 2024 15:59:22 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/804-keeping-up-with-the-jansens-causal-peer-effect-on-household-spending-beliefs-and-happiness/</link>                </item>
                <item>
                    <title>Managing the transition to central bank digital currency</title>
                    <description></description>
                    <pubDate>Wed, 14 Feb 2024 16:19:44 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/803-managing-the-transition-to-central-bank-digital-currency/</link>                </item>
                <item>
                    <title>Exclusive Portfolio Dealing and Market Inefficiency</title>
                    <description></description>
                    <pubDate>Sat, 10 Feb 2024 14:50:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/802-exclusive-portfolio-dealing-and-market-inefficiency/</link>                </item>
                <item>
                    <title>Pension Liquidity Risk</title>
                    <description></description>
                    <pubDate>Sat, 10 Feb 2024 14:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/801-pension-liquidity-risk/</link>                </item>
                <item>
                    <title>DNB Analyse - Arbeidsmarktkrapte - het nieuwe normaal</title>
                    <description>De groei van de beroepsbevolking neemt de komende decennia fors af. Om die uitdaging het hoofd te bieden moet niet alleen worden gekeken naar het verhogen van het arbeidsaanbod, maar ook naar manieren om de arbeidsvraag te verminderen en om vraag en aanbod beter op elkaar te laten aansluiten.</description>
                    <pubDate>Thu, 08 Feb 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/dnb-analyse-arbeidsmarktkrapte-het-nieuwe-normaal/</link>                </item>
                <item>
                    <title>Optimal normalization policy under behavioral expectations</title>
                    <description></description>
                    <pubDate>Mon, 05 Feb 2024 14:24:15 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/800-optimal-normalization-policy-under-behavioral-expectations/</link>                </item>
                <item>
                    <title>What Drives Households’ Knowledge about Cryptocurrencies?</title>
                    <description></description>
                    <pubDate>Thu, 01 Feb 2024 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/799-what-drives-households-knowledge-about-cryptocurrencies/</link>                </item>
                <item>
                    <title>The European Carbon Bond Premium</title>
                    <description></description>
                    <pubDate>Mon, 15 Jan 2024 14:30:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/798-the-european-carbon-bond-premium/</link>                </item>
                <item>
                    <title>Funding the Fittest? Pricing of Climate Transition Risk in the Corporate Bond Market</title>
                    <description></description>
                    <pubDate>Mon, 15 Jan 2024 14:12:09 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2024/797-funding-the-fittest-pricing-of-climate-transition-risk-in-the-corporate-bond-market/</link>                </item>
                <item>
                    <title>Floods and financial stability: Scenario-based evidence from below sea level</title>
                    <description></description>
                    <pubDate>Wed, 20 Dec 2023 09:54:14 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/796-floods-and-financial-stability-scenario-based-evidence-from-below-sea-level/</link>                </item>
                <item>
                    <title>The economic and financial stability repercussions of nature degradation for the Netherlands: Exploring scenarios with transition shocks</title>
                    <description>There is scientific consensus that nature and its vital contributions to prosperity are deteriorating worldwide. </description>
                    <pubDate>Wed, 13 Dec 2023 15:00:32 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2023-the-economic-and-financial-stability-repercussions-of-nature-degradation-for-the-netherlands-exploring-scenarios-with-transition-shocks/</link>                </item>
                <item>
                    <title>Geo-economische fragmentatie: economische en financiële stabiliteitsgevolgen</title>
                    <description>Sinds de wereldwijde financi&amp;#235;le crisis in 2008 is er een kentering in de internationale economische integratie. Met een beleid van strategische autonomie willen landen risicovolle buitenlandse strategische en economische afhankelijkheden verminderen. </description>
                    <pubDate>Fri, 08 Dec 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/geo-economische-fragmentatie-economische-en-financiele-stabiliteitsgevolgen/</link>                </item>
                <item>
                    <title>De heterogene effecten van de Economische en Monetaire Unie op de handel</title>
                    <description>Hoe groot zijn de economische voordelen van de Economische en Monetaire Unie (EMU)? E&amp;#233;n overweging bij het evalueren van het succes van de EMU is om de economische voordelen en kosten ervan te vergelijken. </description>
                    <pubDate>Thu, 09 Nov 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/de-heterogene-effecten-van-de-economische-en-monetaire-unie-op-de-handel/</link>                </item>
                <item>
                    <title>Towards financial inclusion: trust in banks’ payment services among groups at risk</title>
                    <description></description>
                    <pubDate>Wed, 08 Nov 2023 12:23:20 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/795-towards-financial-inclusion-trust-in-banks-payment-services-among-groups-at-risk/</link>                </item>
                <item>
                    <title>The Use of Financial Apps: Privacy Paradox or Privacy Calculus?</title>
                    <description></description>
                    <pubDate>Mon, 06 Nov 2023 12:54:32 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/794-the-use-of-financial-apps-privacy-paradox-or-privacy-calculus/</link>                </item>
                <item>
                    <title>Robust monetary policy under shock uncertainty</title>
                    <description></description>
                    <pubDate>Tue, 10 Oct 2023 13:46:51 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/793-robust-monetary-policy-under-shock-uncertainty/</link>                </item>
                <item>
                    <title>The CO2 content of the TLTRO III scheme and its greening</title>
                    <description></description>
                    <pubDate>Tue, 03 Oct 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/792-the-co2-content-of-the-tltro-iii-scheme-and-its-greening/</link>                </item>
                <item>
                    <title>Homeowners and flood risk: A disconnect between awareness and actions?</title>
                    <description></description>
                    <pubDate>Thu, 28 Sep 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/791-homeowners-and-flood-risk-a-disconnect-between-awareness-and-actions/</link>                </item>
                <item>
                    <title>Intra-bancaire complexiteit: meten is (niet) weten met LEI. Het perspectief van de toezichthouder</title>
                    <description>Ruim tien jaar geleden is de Legal Entity Identifier (LEI) ge&amp;#239;ntroduceerd: een globale unieke code waarmee (financi&amp;#235;le) instellingen ge&amp;#239;dentificeerd kunnen worden. Directe aanleiding voor de introductie van de LEI was de financi&amp;#235;le crisis van 2008. </description>
                    <pubDate>Tue, 26 Sep 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/intra-bancaire-complexiteit-meten-is-niet-weten-met-lei-het-perspectief-van-de-toezichthouder/</link>                </item>
                <item>
                    <title>Deposit market concentration and monetary transmission: evidence from the euro area</title>
                    <description></description>
                    <pubDate>Thu, 24 Aug 2023 10:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/790-deposit-market-concentration-and-monetary-transmission-evidence-from-the-euro-area/</link>                </item>
                <item>
                    <title>The Long-Run Phillips Curve is ... a Curve</title>
                    <description></description>
                    <pubDate>Thu, 17 Aug 2023 15:40:15 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/789-the-long-run-phillips-curve-is-a-curve/</link>                </item>
                <item>
                    <title>The pricing of climate transition risk in Europe’s equity market</title>
                    <description></description>
                    <pubDate>Thu, 10 Aug 2023 13:43:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/788-the-pricing-of-climate-transition-risk-in-europe-s-equity-market/</link>                </item>
                <item>
                    <title>Safe Asset Scarcity and Re-use in the European Repo Market</title>
                    <description></description>
                    <pubDate>Thu, 27 Jul 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/787-safe-asset-scarcity-and-re-use-in-the-european-repo-market/</link>                </item>
                <item>
                    <title>Carbon home bias of European investors</title>
                    <description></description>
                    <pubDate>Fri, 07 Jul 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/786-carbon-home-bias-of-european-investors/</link>                </item>
                <item>
                    <title>Empirical evidence on the Euler equation for investment in the US</title>
                    <description></description>
                    <pubDate>Thu, 06 Jul 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/785-empirical-evidence-on-the-euler-equation-for-investment-in-the-us/</link>                </item>
                <item>
                    <title>Coherence without Rationality at the ZLB</title>
                    <description></description>
                    <pubDate>Tue, 04 Jul 2023 10:52:26 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/784-coherence-without-rationality-at-the-zlb/</link>                </item>
                <item>
                    <title>Trust in the financial performance of pension funds, public perception, and its effect on participation in voluntary pension saving plans</title>
                    <description></description>
                    <pubDate>Wed, 28 Jun 2023 14:07:01 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/783-trust-in-the-financial-performance-of-pension-funds-public-perception-and-its-effect-on-participation-in-voluntary-pension-saving-plans/</link>                </item>
                <item>
                    <title>Global models for a global pandemic: the impact of COVID-19 on small euro area economies</title>
                    <description></description>
                    <pubDate>Wed, 28 Jun 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/782-global-models-for-a-global-pandemic-the-impact-of-covid-19-on-small-euro-area-economies/</link>                </item>
                <item>
                    <title>Uncovering the digital payment divide: understanding the importance of cash for groups at risk </title>
                    <description></description>
                    <pubDate>Tue, 27 Jun 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/781-uncovering-the-digital-payment-divide-understanding-the-importance-of-cash-for-groups-at-risk/</link>                </item>
                <item>
                    <title>Corporate taxes, productivity, and business dynamism</title>
                    <description></description>
                    <pubDate>Tue, 20 Jun 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/780-corporate-taxes-productivity-and-business-dynamism/</link>                </item>
                <item>
                    <title>The price of flexible jobs: Wage differentials between permanent and flexible jobs in The Netherlands</title>
                    <description></description>
                    <pubDate>Fri, 02 Jun 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/779-the-price-of-flexible-jobs-wage-differentials-between-permanent-and-flexible-jobs-in-the-netherlands/</link>                </item>
                <item>
                    <title>De bijdrage van winsten en lonen aan de Nederlandse inflatie</title>
                    <description>Er is veel aandacht voor de bijdrage van winsten en lonen aan inflatie. In deze analyse kijken we hoe de winsten en lonen in de periode tot eind 2022 hebben bijgedragen aan de binnenlandse prijsdruk. </description>
                    <pubDate>Fri, 26 May 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/de-bijdrage-van-winsten-en-lonen-aan-de-nederlandse-inflatie/</link>                </item>
                <item>
                    <title>Identifying financial fragmentation: do sovereign spreads in the EMU reflect differences in fundamentals?</title>
                    <description></description>
                    <pubDate>Tue, 23 May 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/778-identifying-financial-fragmentation-do-sovereign-spreads-in-the-emu-reflect-differences-in-fundamentals/</link>                </item>
                <item>
                    <title>Financial Constraints and Firm Size: Micro-Evidence and Aggregate Implications</title>
                    <description></description>
                    <pubDate>Mon, 22 May 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/777-financial-constraints-and-firm-size-micro-evidence-and-aggregate-implications/</link>                </item>
                <item>
                    <title>Credit Ratings and Investments</title>
                    <description></description>
                    <pubDate>Tue, 16 May 2023 14:05:40 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/776-credit-ratings-and-investments/</link>                </item>
                <item>
                    <title>Financieringsruimte en huizenprijzen</title>
                    <description>Het najaar van 2022 markeert een kantelpunt voor de woningmarkt. De huizenprijzen zijn nagenoeg verdubbeld tussen het vorige dal in juni 2013 en juni 2022, vooral gedreven door de rente- en de inkomensontwikkelingen (zie hoofdstuk 1).</description>
                    <pubDate>Wed, 03 May 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/financieringsruimte-en-huizenprijzen/</link>                </item>
                <item>
                    <title>Macroeconomic effects of the Inflation Reduction Act</title>
                    <description>The Inflation Reduction Act (IRA) constitutes the largest green public investment package by the US government thus far. On the other side of the Atlantic, European policymakers quickly voiced concerns over the presumed impact...</description>
                    <pubDate>Mon, 01 May 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/macroeconomic-effects-of-the-inflation-reduction-act/</link>                </item>
                <item>
                    <title>Kwetsbaarheid en veerkracht van Nederlandse huishoudens</title>
                    <description>Dit onderzoek kijkt naar de kwetsbaarheden en veerkracht van Nederlandse huishoudens vanuit een breed welvaartperspec&amp;#173;tief. We kijken naar kwetsbaarheden van huishoudens op een vijftal terreinen binnen het begrip brede welvaart waarop DNB de rege-ring adviseert en expertise heeft. </description>
                    <pubDate>Wed, 19 Apr 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2023-kwetsbaarheid-en-veerkracht-van-nederlandse-huishoudens-een-analyse-vanuit-een-breed-welvaartsperspectief/</link>                </item>
                <item>
                    <title>Shocks to Occupational Pensions and Household Savings</title>
                    <description></description>
                    <pubDate>Thu, 13 Apr 2023 13:37:56 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/775-shocks-to-occupational-pensions-and-household-savings/</link>                </item>
                <item>
                    <title>The European Equity Lending Market: Exclusive Security Lending Agreements</title>
                    <description>Sufficient security lending supply is crucial for short selling which eliminates arbitrage opportunities, ensuring that the law of one price holds in financial markets.</description>
                    <pubDate>Tue, 11 Apr 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/the-european-equity-lending-market-exclusive-security-lending-agreements/</link>                </item>
                <item>
                    <title>Misallocation and Productivity Growth: a Meta-analysis </title>
                    <description></description>
                    <pubDate>Tue, 04 Apr 2023 12:09:30 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/774-misallocation-and-productivity-growth-a-meta-analysis/</link>                </item>
                <item>
                    <title>Preferred habitat investors in the green bond market</title>
                    <description></description>
                    <pubDate>Mon, 03 Apr 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/773-preferred-habitat-investors-in-the-green-bond-market/</link>                </item>
                <item>
                    <title>Klimaatveranderingsrisico's en de markt voor energie en emissierechten </title>
                    <description>De recente volatiliteit op de energiemarkten doet de vraag rijzen hoe deze markten functioneren. Bovendien worden grondstoffen (energie) en grondstoffenderivaten van energie en emissies van toenemend belang voor de transitie naar een meer CO2-neutrale Europese economie. </description>
                    <pubDate>Wed, 29 Mar 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/klimaatveranderingsrisico-s-en-de-markt-voor-energie-en-emissierechten/</link>                </item>
                <item>
                    <title>Euro area consumers' payment behaviour and banking digitalisation</title>
                    <description></description>
                    <pubDate>Wed, 22 Mar 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/772-euro-area-consumers-payment-behaviour-and-banking-digitalisation/</link>                </item>
                <item>
                    <title>Know your (holding) limits: CBDC, financial stability and central bank reliance</title>
                    <description></description>
                    <pubDate>Mon, 20 Mar 2023 16:35:26 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/771-know-your-holding-limits-cbdc-financial-stability-and-central-bank-reliance/</link>                </item>
                <item>
                    <title>Walk the green talk? A textual analysis of pension funds’ disclosures of sustainable investing</title>
                    <description></description>
                    <pubDate>Fri, 17 Mar 2023 12:07:36 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/770-walk-the-green-talk-a-textual-analysis-of-pension-funds-disclosures-of-sustainable-investing/</link>                </item>
                <item>
                    <title>Nowcasting GDP using tone-adjusted time varying news topics: Evidence from the financial press</title>
                    <description></description>
                    <pubDate>Wed, 08 Mar 2023 09:03:13 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/766-nowcasting-gdp-using-tone-adjusted-time-varying-news-topics-evidence-from-the-financial-press/</link>                </item>
                <item>
                    <title>Long-term Investors, Demand Shifts, and Yields</title>
                    <description></description>
                    <pubDate>Tue, 07 Mar 2023 13:01:52 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/769-long-term-investors-demand-shifts-and-yields/</link>                </item>
                <item>
                    <title>Quantifying Systemic Risk in the Presence of Unlisted Banks: Application to the European Banking Sector</title>
                    <description></description>
                    <pubDate>Mon, 06 Mar 2023 13:08:22 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/768-quantifying-systemic-risk-in-the-presence-of-unlisted-banks-application-to-the-european-banking-sector/</link>                </item>
                <item>
                    <title>Green bond home bias and the role of supply and sustainability preferences</title>
                    <description></description>
                    <pubDate>Thu, 02 Mar 2023 14:19:47 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/767-green-bond-home-bias-and-the-role-of-supply-and-sustainability-preferences/</link>                </item>
                <item>
                    <title>The euro area great inflation surge</title>
                    <description>How did inflation get so high, and what are its main drivers? This question is at the center of the academic and policy debate right now. Its answer is crucial for policy-making.</description>
                    <pubDate>Thu, 02 Mar 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/the-euro-area-great-inflation-surge/</link>                </item>
                <item>
                    <title>Isoleren en compenseren: reactie van huishoudens op de energiecrisis</title>
                    <description>Deze studie geeft inzicht in de gevolgen voor &amp;#233;n de reactie van huishoudens op de sterke stijging van de energieprijzen in het afgelopen jaar. In oktober en november 2022 zijn huishoudens in een enqu&amp;#234;te bevraagd over hun reactie op de hogere energieprijzen.</description>
                    <pubDate>Tue, 14 Feb 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/isoleren-en-compenseren-reactie-van-huishoudens-op-de-energiecrisis/</link>                </item>
                <item>
                    <title>Macroprudential Regulation: A Risk Management Approach</title>
                    <description></description>
                    <pubDate>Mon, 06 Feb 2023 15:00:50 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/765-macroprudential-regulation-a-risk-management-approach/</link>                </item>
                <item>
                    <title>The Bank of Amsterdam and the limits of fiat money</title>
                    <description></description>
                    <pubDate>Thu, 02 Feb 2023 15:50:47 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/764-the-bank-of-amsterdam-and-the-limits-of-fiat-money/</link>                </item>
                <item>
                    <title>Decomposition carbon indicators</title>
                    <description>A better understanding of the exposures of the financial sector to the risks associated with climate change, but also of the role of financial institutions in financing the transition, requires statistical indicators on, amongst others, the CO2 emissions associated with their portfolios.</description>
                    <pubDate>Tue, 24 Jan 2023 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/decomposition-carbon-indicators/</link>                </item>
                <item>
                    <title>Loan-to-Value Shocks and Macroeconomic Stability</title>
                    <description></description>
                    <pubDate>Tue, 17 Jan 2023 16:19:39 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/763-loan-to-value-shocks-and-macroeconomic-stability/</link>                </item>
                <item>
                    <title>The impact of high inflation on trust in national politics and central banks</title>
                    <description></description>
                    <pubDate>Tue, 17 Jan 2023 15:50:28 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/762-the-impact-of-high-inflation-on-trust-in-national-politics-and-central-banks/</link>                </item>
                <item>
                    <title>Physical and transition risk premiums in euro area corporate bond markets</title>
                    <description></description>
                    <pubDate>Tue, 03 Jan 2023 15:18:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2023/761-physical-and-transition-risk-premiums-in-euro-area-corporate-bond-markets/</link>                </item>
                <item>
                    <title>Paying in a blink of an eye: it hurts less, but you spend more</title>
                    <description></description>
                    <pubDate>Wed, 28 Dec 2022 13:27:24 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/760-paying-in-a-blink-of-an-eye-it-hurts-less-but-you-spend-more/</link>                </item>
                <item>
                    <title>De inprijzing van klimaatrisico’s op financiële markten </title>
                    <description></description>
                    <pubDate>Thu, 22 Dec 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/de-inprijzing-van-klimaatrisico-s-op-financiele-markten/</link>                </item>
                <item>
                    <title>Naar een duurzamere balans voor banken</title>
                    <description></description>
                    <pubDate>Thu, 22 Dec 2022 11:19:04 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/naar-een-duurzamere-balans-voor-banken/</link>                </item>
                <item>
                    <title>Who participates in the credit market during the COVID-19 pandemic? </title>
                    <description></description>
                    <pubDate>Tue, 20 Dec 2022 16:30:23 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/759-who-participates-in-the-credit-market-during-the-covid-19-pandemic/</link>                </item>
                <item>
                    <title> Intergenerational Sharing of Unhedgeable Inﬂation Risk</title>
                    <description></description>
                    <pubDate>Tue, 20 Dec 2022 16:02:41 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/758-intergenerational-sharing-of-unhedgeable-inflation-risk/</link>                </item>
                <item>
                    <title>A literature review of securities holdings statistics research and a practitioner’s guide</title>
                    <description></description>
                    <pubDate>Thu, 15 Dec 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/757-a-literature-review-of-securities-holdings-statistics-research-and-a-practitioner-s-guide/</link>                </item>
                <item>
                    <title>The rebalancing channel of QE: New evidence at the security level in the euro area</title>
                    <description></description>
                    <pubDate>Thu, 08 Dec 2022 14:10:18 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/756-the-rebalancing-channel-of-qe-new-evidence-at-the-security-level-in-the-euro-area/</link>                </item>
                <item>
                    <title>The effects of monetary policy across fiscal regimes</title>
                    <description></description>
                    <pubDate>Mon, 05 Dec 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/755-the-effects-of-monetary-policy-across-fiscal-regimes/</link>                </item>
                <item>
                    <title>Regulering van het middenhuursegment</title>
                    <description>Het kabinet is van plan de huren in het middenhuursegment te gaan reguleren. De vrije huurmarkt is op dit moment weinig aantrekkelijk, vergeleken met de koop- en sociale huurmarkt. Op de koopmarkt genieten bewoners fiscale voordelen en in de sociale huursector zijn de huren relatief laag door...</description>
                    <pubDate>Mon, 28 Nov 2022 11:48:13 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/regulering-van-het-middenhuursegment/</link>                </item>
                <item>
                    <title>Lessen van de jaren zeventig en tachtig voor de Nederlandse bankensector</title>
                    <description>De fors toegenomen inflatie en de samenhangende economische veranderingen stellen de Nederlandse bankensector voor een uitdaging. In deze Analyse gaan we na hoe de Nederlandse bankensector de oliecrises van de jaren 70 en 80 doorstond en maken we een vergelijking met de huidige situatie. </description>
                    <pubDate>Mon, 14 Nov 2022 14:10:14 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/lessen-van-de-jaren-zeventig-en-tachtig-voor-de-nederlandse-bankensector/</link>                </item>
                <item>
                    <title>Cryptoactiva: evolutie en beleidsrespons</title>
                    <description>Cryptoactiva hebben de afgelopen twee jaar een opmerkelijke ontwikkeling doorgemaakt die het belang ervan voor de samenleving onderstreept. Er zijn op deze markten grote bedragen in- en uitgestroomd. Er waren gepolariseerde debatten tussen cryptoadepten en cryptosceptici.</description>
                    <pubDate>Mon, 07 Nov 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-06-2022-cryptoactiva-evolutie-en-beleidsrespons/</link>                </item>
                <item>
                    <title>Nowcasting GDP using machine learning methods</title>
                    <description></description>
                    <pubDate>Thu, 03 Nov 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/754-nowcasting-gdp-using-machine-learning-methods/</link>                </item>
                <item>
                    <title>Wisselwerking lonen en prijzen: een negatieve spiraal?</title>
                    <description>Nu de sterk opgelopen inflatie de koopkracht uitholt, zullen werknemers proberen om dit verlies met hogere lonen te compenseren. Naarmate dit winstmarges meer onder druk zet zullen werkgevers op hun beurt proberen de hogere lonen door te berekenen in de prijzen. </description>
                    <pubDate>Wed, 02 Nov 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/wisselwerking-lonen-en-prijzen-een-negatieve-spiraal/</link>                </item>
                <item>
                    <title>The Effect of Unemployment on Interregional Migration in the Netherlands</title>
                    <description></description>
                    <pubDate>Fri, 28 Oct 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/753-the-effect-of-unemployment-on-interregional-migration-in-the-netherlands/</link>                </item>
                <item>
                    <title>Effectiveness of Central Bank Swap Lines in Alleviating the Mispricing of FX Swaps at the Start of the COVID-19 Pandemic</title>
                    <description></description>
                    <pubDate>Thu, 27 Oct 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/752-effectiveness-of-central-bank-swap-lines-in-alleviating-the-mispricing-of-fx-swaps-at-the-start-of-the-covid-19-pandemic/</link>                </item>
                <item>
                    <title>Bank lending to Dutch non-financial corporations: drivers and dynamics</title>
                    <description></description>
                    <pubDate>Thu, 27 Oct 2022 08:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/bank-lending-to-dutch-non-financial-corporations-drivers-and-dynamics/</link>                </item>
                <item>
                    <title>Haalbaarheid en betaalbaarheid van een Nederlands verzekeringsgarantiestelsel</title>
                    <description></description>
                    <pubDate>Thu, 13 Oct 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/haalbaarheid-en-betaalbaarheid-van-een-nederlands-verzekeringsgarantiestelsel/</link>                </item>
                <item>
                    <title>Mortgage prepayments and tax-exempted intergenerational transfers: from rich parents to rich children?</title>
                    <description></description>
                    <pubDate>Fri, 23 Sep 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/751-mortgage-prepayments-and-tax-exempted-intergenerational-transfers-from-rich-parents-to-rich-children/</link>                </item>
                <item>
                    <title>What drives trust in the financial sector supervisor? New empirical evidence</title>
                    <description></description>
                    <pubDate>Tue, 13 Sep 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/750-what-drives-trust-in-the-financial-sector-supervisor-new-empirical-evidence/</link>                </item>
                <item>
                    <title>Till debt do us part: strategic divorces and a test of moral hazard</title>
                    <description></description>
                    <pubDate>Fri, 26 Aug 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/749-till-debt-do-us-part-strategic-divorces-and-a-test-of-moral-hazard/</link>                </item>
                <item>
                    <title>Werkenden zonder pensioenopbouw</title>
                    <description>Een substantieel deel van de Nederlandse werknemers en  zelfstandigen bouwt geen tweede pijlerpensioen op. Het Nederlandse pensioenstelsel bestaat uit vier pijlers. </description>
                    <pubDate>Thu, 25 Aug 2022 07:11:41 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2022-werkenden-zonder-pensioenopbouw/</link>                </item>
                <item>
                    <title>Het monetaire instrumentarium van het Eurosysteem in onconventionele tijden</title>
                    <description>In reactie op achtereenvolgens de kredietcrisis, de Europese schuldencrisis en de COVID-crisis hebben centrale&#xA;banken ingegrepen om ervoor te zorgen dat de markten bleven functioneren en om fragmentatie van markten te voorkomen. </description>
                    <pubDate>Mon, 22 Aug 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-5-2022-het-monetaire-instrumentarium-van-het-eurosysteem-in-onconventionele-tijden/</link>                </item>
                <item>
                    <title>On the capitalisation of central banks</title>
                    <description>In contrast to commercial banks, there are no rules or clear guidelines for central&#xA;banks&#x2019; capital adequacy.</description>
                    <pubDate>Mon, 25 Jul 2022 10:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-4-2022-on-the-capitalisation-of-central-banks/</link>                </item>
                <item>
                    <title>Banks’ Seasoned Equity Offerings Announcements and Central Bank Lending Operations</title>
                    <description></description>
                    <pubDate>Thu, 07 Jul 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/748-banks-seasoned-equity-offerings-announcements-and-central-bank-lending-operations/</link>                </item>
                <item>
                    <title>Hoe raken de gestegen  energiekosten het Nederlandse bedrijfsleven?</title>
                    <description>Sinds medio 2021 zijn de energieprijzen sterk gestegen. Initieel werd de prijsstijging gedreven doordat het energieaanbod de inhaalvraag na de coronapandemie niet kon bijbenen.</description>
                    <pubDate>Fri, 01 Jul 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/hoe-raken-de-gestegen-energiekosten-het-nederlandse-bedrijfsleven/</link>                </item>
                <item>
                    <title>The displacement effect of compulsory pension savings on private savings. Evidence from the Netherlands, using pension funds supervisory data</title>
                    <description></description>
                    <pubDate>Tue, 28 Jun 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/747-the-displacement-effect-of-compulsory-pension-savings-on-private-savings-evidence-from-the-netherlands-using-pension-funds-supervisory-data/</link>                </item>
                <item>
                    <title>A macroprudential  perspective on  cyber risk</title>
                    <description>Cyber risk is an increasingly important source of risk, not just to individual financial institutions, but also to the financial system as whole. The number of cyber incidents has increased over the past years, and the incidents have become more costly. </description>
                    <pubDate>Wed, 08 Jun 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2022-a-macroprudential-perspective-on-cyber-risk/</link>                </item>
                <item>
                    <title>Inflatie en monetair beleid</title>
                    <description>Na een lange periode waarin inflatie (ruim) onder de doelstelling van de Europese Centrale Bank lag, zijn de prijzen in Nederland en in het eurogebied de afgelopen maanden omhooggeschoten. Deze DNB Analyse gaat in op de recente inflatieontwikkelingen en op de rol...</description>
                    <pubDate>Tue, 31 May 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/inflatie-en-monetair-beleid/</link>                </item>
                <item>
                    <title>No pension and no house? The effect of LTV limits on the housing wealth accumulation of self-employed</title>
                    <description></description>
                    <pubDate>Tue, 24 May 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/746-no-pension-and-no-house-the-effect-of-ltv-limits-on-the-housing-wealth-accumulation-of-self-employed/</link>                </item>
                <item>
                    <title>The Eurosystem’s bond market share at an all-time high: what does it mean for repo markets?                                   </title>
                    <description></description>
                    <pubDate>Mon, 23 May 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/745-the-eurosystem-s-bond-market-share-at-an-all-time-high-what-does-it-mean-for-repo-markets/</link>                </item>
                <item>
                    <title>Central Bank Communication with the General Public: Promise or False Hope?</title>
                    <description></description>
                    <pubDate>Mon, 02 May 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/744-central-bank-communication-ith-the-general-public-promise-or-false-hope/</link>                </item>
                <item>
                    <title> Reactions of household inflation expectations to a symmetric inflation target and high inflation (August 2022 update)</title>
                    <description></description>
                    <pubDate>Mon, 25 Apr 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/743-reactions-of-household-inflation-expectations-to-a-symmetric-inflation-target-and-high-inflation/</link>                </item>
                <item>
                    <title>De invloed van het corona steun- en herstelpakket op het Nederlandse bedrijfsleven</title>
                    <description></description>
                    <pubDate>Wed, 30 Mar 2022 08:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/de-invloed-van-het-corona-steun-en-herstelpakket-op-het-nederlandse-bedrijfsleven/</link>                </item>
                <item>
                    <title>Foreign bias in equity portfolios: Informational advantage or familiarity bias?</title>
                    <description></description>
                    <pubDate>Fri, 18 Mar 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/742-foreign-bias-in-equity-portfolios-informational-advantage-or-familiarity-bias/</link>                </item>
                <item>
                    <title>Economische gevolgen van de oorlog in Oekraïne</title>
                    <description></description>
                    <pubDate>Thu, 17 Mar 2022 08:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/economische-gevolgen-van-de-oorlog-in-oekraine/</link>                </item>
                <item>
                    <title>The effect of introducing a Loan-to-Value limit on home ownership</title>
                    <description></description>
                    <pubDate>Mon, 14 Mar 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/741-the-effect-of-introducing-a-loan-to-value-limit-on-home-ownership/</link>                </item>
                <item>
                    <title>Excess liquidity and the usefulness of the money multiplier</title>
                    <description></description>
                    <pubDate>Thu, 10 Mar 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/740-excess-liquidity-and-the-usefulness-of-the-money-multiplier/</link>                </item>
                <item>
                    <title>Uncertainty shocks and the monetary-macroprudential policy mix</title>
                    <description></description>
                    <pubDate>Tue, 15 Feb 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/739-uncertainty-shocks-and-the-monetary-macroprudential-policy-mix/</link>                </item>
                <item>
                    <title> Borrower-Based Measures, House Prices and Household Debt</title>
                    <description></description>
                    <pubDate>Mon, 14 Feb 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/738-borrower-based-measures-house-prices-and-household-debt/</link>                </item>
                <item>
                    <title>Real estate and climate transition risk: A financial stability perspective</title>
                    <description>Real estate plays an important role in debates on the transition to a carbon-neutral economy.</description>
                    <pubDate>Tue, 08 Feb 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2022-real-estate-and-climate-transition-risk-a-financial-stability-perspective/</link>                </item>
                <item>
                    <title>Financiering voor de verduurzaming van de woningvoorraad</title>
                    <description>De gebouwde omgeving was in 2020 verantwoordelijk voor 13 procent (21,6 Mton) van de uitstoot van Nederlandse broeikasgassen. </description>
                    <pubDate>Tue, 08 Feb 2022 08:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/financiering-voor-de-verduurzaming-van-de-woningvoorraad/</link>                </item>
                <item>
                    <title>How QE changes the nature of sovereign risk</title>
                    <description></description>
                    <pubDate>Fri, 04 Feb 2022 09:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/737-how-qe-changes-the-nature-of-sovereign-risk/</link>                </item>
                <item>
                    <title>Getting the balance right: Crypto, stablecoin and CBDC</title>
                    <description></description>
                    <pubDate>Fri, 21 Jan 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/736-getting-the-balance-right-crypto-stablecoin-and-cbdc/</link>                </item>
                <item>
                    <title>How Does the Phillips Curve Slope Vary with Repricing Rates?</title>
                    <description></description>
                    <pubDate>Thu, 20 Jan 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2022/735-how-does-the-phillips-curve-slope-vary-with-repricing-rates/</link>                </item>
                <item>
                    <title>The carbon footprint of bitcoin</title>
                    <description>The total carbon footprint of the bitcoin network has increased by 25% in 2020, while the number of transactions decreased by 6%. The resulting climate impact in 2020 is estimated to be 402 kg of CO2 per bitcoin transaction.</description>
                    <pubDate>Thu, 13 Jan 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/the-carbon-footprint-of-bitcoin/</link>                </item>
                <item>
                    <title>Rente en verandervermogen: Een scenario-analyse van de winstgevendheid van Nederlandse banken </title>
                    <description>In deze studie onderzoeken we de winstgevendheid van de Nederlandse bankensector. Tegen de achtergrond van achtereenvolgens de financi&amp;#235;le *crisis en de Europese schuldencrisis stonden de winsten van het Nederlandse &#xA;bankwezen een tijd lang onder druk. </description>
                    <pubDate>Thu, 06 Jan 2022 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2022-rente-en-verandervermogen-een-scenario-analyse-van-de-winstgevendheid-van-nederlandse-banken/</link>                </item>
                <item>
                    <title>The unbearable lightness of equilibria in a low interest rate environment</title>
                    <description></description>
                    <pubDate>Thu, 30 Dec 2021 14:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/734-the-unbearable-lightness-of-equilibria-in-a-low-interest-rate-environment/</link>                </item>
                <item>
                    <title>Jaaroverzicht FD-sentimentsindicator: 2021 in de achteruitkijkspiegel</title>
                    <description>De sentimentsindicator op basis van berichtgeving uit Het Financieele Dagblad (FD) is na de forse daling bij aanvang van de coronacrisis deels hersteld. De zorgen over de verspreiding van het virus blijven het sentiment echter drukken. Dit blijkt uit een vandaag gepubliceerde DNB Analyse.&#xA;&#xA;</description>
                    <pubDate>Thu, 30 Dec 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/jaaroverzicht-fd-sentimentsindicator-2021-in-de-achteruitkijkspiegel/</link>                </item>
                <item>
                    <title>The Inflation Rate Disconnect Puzzle: On the International Component of Trend Inflation and the Flattening of the Phillips Curve</title>
                    <description></description>
                    <pubDate>Thu, 30 Dec 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/733-the-inflation-rate-disconnect-puzzle-on-the-international-component-of-trend-inflation-and-the-flattening-of-the-phillips-curve/</link>                </item>
                <item>
                    <title>Impact aanbodbeperkingen op de Nederlandse economie in internationaal perspectief</title>
                    <description>Door het snelle economische herstel uit de coronacrisis heeft een groot deel van de Nederlandse producenten in de nijverheid onvoldoende materialen om te kunnen voldoen aan de toegenomen vraag. Dit blijkt uit recente enqu&amp;#234;tedata van de Europese Commissie.</description>
                    <pubDate>Mon, 13 Dec 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/impact-aanbodbeperkingen-op-de-nederlandse-economie-in-internationaal-perspectief/</link>                </item>
                <item>
                    <title>Op weg naar een duurzame balans</title>
                    <description>Integratie van duurzaamheidsrisico&#x2019;s in de kernprocessen van de financi&amp;#235;le sector.</description>
                    <pubDate>Tue, 07 Dec 2021 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2021-op-weg-naar-een-duurzame-balans/</link>                </item>
                <item>
                    <title>Price diffusion across international private commercial real estate markets</title>
                    <description></description>
                    <pubDate>Thu, 25 Nov 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/732-price-diffusion-across-international-private-commercial-real-estate-markets/</link>                </item>
                <item>
                    <title>Euro area inflation and the pandemic</title>
                    <description></description>
                    <pubDate>Mon, 22 Nov 2021 22:30:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/euro-area-inflation-and-the-pandemic/</link>                </item>
                <item>
                    <title>Populist attitudes, fiscal illusion and fiscal preferences: evidence from Dutch households</title>
                    <description></description>
                    <pubDate>Fri, 05 Nov 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/731-populist-attitudes-fiscal-illusion-and-fiscal-preferences-evidence-from-dutch-households/</link>                </item>
                <item>
                    <title>Flood risk and financial stability: Evidence from a stress test for the Netherlands</title>
                    <description></description>
                    <pubDate>Wed, 03 Nov 2021 08:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/730-flood-risk-and-financial-stability-evidence-from-a-stress-test-for-the-netherlands/</link>                </item>
                <item>
                    <title>Pension Fund Equity Performance: Herding Does Not Pay Off</title>
                    <description></description>
                    <pubDate>Tue, 02 Nov 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/729-pension-fund-equity-performance-herding-does-not-pay-off/</link>                </item>
                <item>
                    <title>Not all data are created equal - Data sharing and privacy</title>
                    <description></description>
                    <pubDate>Mon, 01 Nov 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/728-not-all-data-are-created-equal-data-sharing-and-privacy/</link>                </item>
                <item>
                    <title>Recourse and (strategic) mortgage defaults: Evidence from changes in housing market laws</title>
                    <description></description>
                    <pubDate>Fri, 29 Oct 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/727-recourse-and-strategic-mortgage-defaults-evidence-from-changes-in-housing-market-laws/</link>                </item>
                <item>
                    <title>Vier ingrediënten voor een  evenwichtigere woningmarkt</title>
                    <description>De woningmarkt kenmerkt zich op dit moment door onvoldoende toegankelijkheid, risicovol leengedrag en een tweedeling tussen kopers en huurders. Deze problematiek leidt niet alleen tot maatschappelijke onvrede, maar ook tot kwetsbaarheden voor de Nederlandse economie en financi&amp;#235;le stabiliteit.</description>
                    <pubDate>Fri, 15 Oct 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/vier-ingredienten-voor-een-evenwichtigere-woningmarkt/</link>                </item>
                <item>
                    <title>Estimating Initial Margins: The COVID-19 market stress as an application</title>
                    <description>In this Analysis we provide a description of the Dutch interest rate swap market. </description>
                    <pubDate>Thu, 07 Oct 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/estimating-initial-margins-the-covid-19-market-stress-as-an-application/</link>                </item>
                <item>
                    <title>Toekomst van de Arbeidsmarkt </title>
                    <description>-De doorgeschoten flexibilisering van de arbeidsmarkt vraagt om actie. Institutionele verschillen tussen werknemers met een vast contract, met een flexibel contract en zzp&#x2019;ers hebben de afgelopen decennia bijgedragen aan een sterke groei van flexibele arbeid. </description>
                    <pubDate>Mon, 04 Oct 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/toekomst-van-de-arbeidsmarkt/</link>                </item>
                <item>
                    <title>Corporate Acquisitions and Bank Relationships</title>
                    <description></description>
                    <pubDate>Fri, 24 Sep 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/726-corporate-acquisitions-and-bank-relationships/</link>                </item>
                <item>
                    <title>Business Dynamism, Sectoral Reallocation and Productivity in a Pandemic</title>
                    <description></description>
                    <pubDate>Thu, 23 Sep 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/725-business-dynamism-sectoral-reallocation-and-productivity-in-a-pandemic/</link>                </item>
                <item>
                    <title>The rise in the cross-sectoral dispersion of earnings expectations during COVID-19</title>
                    <description></description>
                    <pubDate>Thu, 16 Sep 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/724-the-rise-in-the-cross-sectoral-dispersion-of-earnings-expectations-during-covid-19/</link>                </item>
                <item>
                    <title>The impact of carbon pricing and a CBAM on EU competitiveness</title>
                    <description></description>
                    <pubDate>Mon, 30 Aug 2021 08:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/the-impact-of-carbon-pricing-and-a-cbam-on-eu-competitiveness/</link>                </item>
                <item>
                    <title>Has the COVID-19 pandemic affected public trust? Evidence for the US and the Netherlands</title>
                    <description></description>
                    <pubDate>Tue, 24 Aug 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/723-has-the-covid-19-pandemic-affected-public-trust-evidence-for-the-us-and-the-netherlands/</link>                </item>
                <item>
                    <title>Trust in the ECB in turbulent times</title>
                    <description></description>
                    <pubDate>Thu, 22 Jul 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/722-trust-in-the-ecb-in-turbulent-times/</link>                </item>
                <item>
                    <title>Bank interest rate margins in a negative interest rate environment</title>
                    <description></description>
                    <pubDate>Tue, 20 Jul 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/721-bank-interest-rate-margins-in-a-negative-interest-rate-environment/</link>                </item>
                <item>
                    <title>Determinants of trust in banks' payment services during COVID: an exploration using daily data</title>
                    <description></description>
                    <pubDate>Thu, 08 Jul 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/720-determinants-of-trust-in-banks-payment-services-during-covid-an-exploration-using-daily-data/</link>                </item>
                <item>
                    <title>What’s the damage? Monetizing the environmental externalities of the Dutch economy and its supply chain</title>
                    <description></description>
                    <pubDate>Thu, 08 Jul 2021 09:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/719-what-s-the-damage-monetizing-the-environmental-externalities-of-the-dutch-economy-and-its-supply-chain/</link>                </item>
                <item>
                    <title>Virtueel werken en virtuele besluitvorming: Kansen, ervaringen en risico’s</title>
                    <description>Sinds het begin van de pandemie heeft virtueel werken een enorme vlucht genomen, ook bij financi&amp;#235;le instellingen. </description>
                    <pubDate>Mon, 28 Jun 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/virtueel-werken-en-virtuele-besluitvorming-kansen-ervaringen-en-risico-s/</link>                </item>
                <item>
                    <title>Governance in systems based on distributed ledger technology (DLT): a comparative study</title>
                    <description></description>
                    <pubDate>Mon, 28 Jun 2021 11:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/718-governance-in-systems-based-on-distributed-ledger-technology-dlt-a-comparative-study/</link>                </item>
                <item>
                    <title>Financing the transition: seizing opportunities for a green recovery</title>
                    <description></description>
                    <pubDate>Thu, 17 Jun 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2021-financing-the-transition-seizing-opportunities-for-a-green-recovery/</link>                </item>
                <item>
                    <title>The Effects of Fiscal Policy when Planning Horizons are Finite</title>
                    <description></description>
                    <pubDate>Tue, 15 Jun 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/717-the-effects-of-fiscal-policy-when-planning-horizons-are-finite/</link>                </item>
                <item>
                    <title>Enhancing banknote authentication by guiding attention to security features and prevalence expectancy </title>
                    <description></description>
                    <pubDate>Thu, 10 Jun 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/716-enhancing-banknote-authentication-by-guiding-attention-to-security-features-and-prevalence-expectancy/</link>                </item>
                <item>
                    <title>Anchoring of consumers’ long-term euro area inflation expectations during the pandemic</title>
                    <description></description>
                    <pubDate>Tue, 08 Jun 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/715-anchoring-of-consumers-long-term-euro-area-inflation-expectations-during-the-pandemic/</link>                </item>
                <item>
                    <title>De financiële positie van het Nederlandse mkb één jaar na de Covid-19 uitbraak</title>
                    <description>Deze DNB analyse maakt een eerste inschatting van de financi&amp;#235;le positie van het Nederlandse Midden en Kleinbedrijf (mkb) begin 2021. Dat doen we op basis van niet-openbare microdata van het Centraal Bureau voor de Statistiek (CBS) betreffende de jaarrekening (balans en verlies en winstrekening)...</description>
                    <pubDate>Fri, 04 Jun 2021 08:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/de-financiele-positie-van-het-nederlandse-mkb-een-jaar-na-de-covid-19-uitbraak/</link>                </item>
                <item>
                    <title>Heterogeneous Expectations and the Business Cycle at the Effective Lower Bound</title>
                    <description></description>
                    <pubDate>Fri, 28 May 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/714-heterogeneous-expectations-and-the-business-cycle-at-the-effective-lower-bound/</link>                </item>
                <item>
                    <title>The Housing Wealth Effect: a comparative study of Italy and the Netherlands</title>
                    <description></description>
                    <pubDate>Thu, 27 May 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/713-the-housing-wealth-effect-a-comparative-study-of-italy-and-the-netherlands/</link>                </item>
                <item>
                    <title>Pension Funds and Drivers of Heterogeneous Investment Strategies</title>
                    <description></description>
                    <pubDate>Wed, 19 May 2021 10:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/712-pension-funds-and-drivers-of-heterogeneous-investment-strategies/</link>                </item>
                <item>
                    <title>Staggered wages, unanticipated shocks and firms’ adjustments</title>
                    <description></description>
                    <pubDate>Tue, 18 May 2021 10:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/711-staggered-wages-unanticipated-shocks-and-firms-adjustments/</link>                </item>
                <item>
                    <title> Have scale effects on cost margins of pension fund investment portfolios disappeared?</title>
                    <description></description>
                    <pubDate>Thu, 22 Apr 2021 10:30:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/710-have-scale-effects-on-cost-margins-of-pension-fund-investment-portfolios-disappeared/</link>                </item>
                <item>
                    <title>What triggers consumer adoption of CBDC?</title>
                    <description></description>
                    <pubDate>Thu, 22 Apr 2021 08:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/709-what-triggers-consumer-adoption-of-cbdc/</link>                </item>
                <item>
                    <title>Tussenraming: Economische Vooruitzichten 2021 - 2022</title>
                    <description>Deze DNB Analyse beschrijft de uitkomsten van de jongste raming van DNB 3 voor de Nederlandse economie in de periode 2021-2022. Deze zogenoemde  tussenraming is geen volledig uitgewerkte raming, maar een actualisatie van  de vorige raming in december.</description>
                    <pubDate>Tue, 06 Apr 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/analyse/tussenraming-economische-vooruitzichten-2021-2022/</link>                </item>
                <item>
                    <title>Fearless Woman. Financial Literacy and Stock Market Participation</title>
                    <description></description>
                    <pubDate>Mon, 08 Mar 2021 10:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/708-fearless-woman-financial-literacy-and-stock-market-participation/</link>                </item>
                <item>
                    <title>The impact of providing information about the ECB's instruments on inflation expectations and trust in the ECB. Experimental evidence</title>
                    <description></description>
                    <pubDate>Wed, 03 Mar 2021 11:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/707-the-impact-of-providing-information-about-the-ecb-s-instruments-on-inflation-expectations-and-trust-in-the-ecb-experimental-evidence/</link>                </item>
                <item>
                    <title>Misleading Footprints. Inflation and exchange rate effects in relative carbon disclosure metrics</title>
                    <description></description>
                    <pubDate>Thu, 28 Jan 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2021-misleading-footprints-inflation-and-exchange-rate-effects-in-relative-carbon-disclosure-metrics/</link>                </item>
                <item>
                    <title>Spillover effects of sovereign bond purchases in the euro area</title>
                    <description></description>
                    <pubDate>Mon, 18 Jan 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/706-spillover-effects-of-sovereign-bond-purchases-in-the-euro-area/</link>                </item>
                <item>
                    <title>Market forces in healthcare insurance. The impact of healthcare reform on regulated competition revisited</title>
                    <description></description>
                    <pubDate>Fri, 15 Jan 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/705-market-forces-in-healthcare-insurance-the-impact-of-healthcare-reform-on-regulated-competition-revisited/</link>                </item>
                <item>
                    <title>Effects of LTV announcements in EU economies</title>
                    <description></description>
                    <pubDate>Thu, 14 Jan 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/704-effects-of-ltv-announcements-in-eu-economies/</link>                </item>
                <item>
                    <title>Veranderende internationale samenhangen en de Nederlandse economie: trends, drijfveren en consequenties</title>
                    <description></description>
                    <pubDate>Tue, 12 Jan 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/2021-veranderende-internationale-samenhangen-en-de-nederlandse-economie-trends-drijfveren-en-consequenties/</link>                </item>
                <item>
                    <title>The ‘new normal’ during normal times – liquidity regulation and conventional monetary policy</title>
                    <description></description>
                    <pubDate>Thu, 07 Jan 2021 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2021/703-the-new-normal-during-normal-times-liquidity-regulation-and-conventional-monetary-policy/</link>                </item>
                <item>
                    <title>Should developed economies manage international capital flows?</title>
                    <description></description>
                    <pubDate>Mon, 21 Dec 2020 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/702-should-developed-economies-manage-international-capital-flows/</link>                </item>
                <item>
                    <title>Pandemic payment patterns</title>
                    <description></description>
                    <pubDate>Sat, 19 Dec 2020 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/701-pandemic-payment-patterns/</link>                </item>
                <item>
                    <title>De rol en toekomst van contant geld</title>
                    <description></description>
                    <pubDate>Thu, 17 Dec 2020 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2020-de-rol-en-toekomst-van-contant-geld/</link>                </item>
                <item>
                    <title>A convenient truth: The convenience yield, low interest rates and implications for fiscal policy</title>
                    <description></description>
                    <pubDate>Tue, 15 Dec 2020 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/700-a-convenient-truth-the-convenience-yield-low-interest-rates-and-implications-for-fiscal-policy/</link>                </item>
                <item>
                    <title>Tax multipliers across the business cycle</title>
                    <description></description>
                    <pubDate>Wed, 02 Dec 2020 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/699-tax-multipliers-across-the-business-cycle/</link>                </item>
                <item>
                    <title>The impact of trustees' age and representation on strategic asset allocations</title>
                    <description></description>
                    <pubDate>Tue, 01 Dec 2020 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/698-the-impact-of-trustees-age-and-representation-on-strategic-asset-allocations/</link>                </item>
                <item>
                    <title>Optimal quantitative easing in a monetary union</title>
                    <description></description>
                    <pubDate>Thu, 19 Nov 2020 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/697-optimal-quantitative-easing-in-a-monetary-union/</link>                </item>
                <item>
                    <title>An early stablecoin? The Bank of Amsterdam and the governance of money</title>
                    <description></description>
                    <pubDate>Tue, 10 Nov 2020 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/696-an-early-stablecoin-the-bank-of-amsterdam-and-the-governance-of-money/</link>                </item>
                <item>
                    <title>Unemployment, firm dynamics, and the business cycle</title>
                    <description></description>
                    <pubDate>Mon, 02 Nov 2020 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/695-unemployment-firm-dynamics-and-the-business-cycle/</link>                </item>
                <item>
                    <title>Monetary policy effects in times of negative interest rates: What do bank stock prices tell us?</title>
                    <description></description>
                    <pubDate>Thu, 22 Oct 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/694-monetary-policy-effects-in-times-of-negative-interest-rates-what-do-bank-stock-prices-tell-us/</link>                </item>
                <item>
                    <title>Trust in financial institutions: A survey</title>
                    <description></description>
                    <pubDate>Tue, 18 Aug 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/693-trust-in-financial-institutions-a-survey/</link>                </item>
                <item>
                    <title>The interplay of financial education, financial literacy, financial inclusion and financial, stability: Any lessons for the current Big Tech era?</title>
                    <description></description>
                    <pubDate>Fri, 14 Aug 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/692-the-interplay-of-financial-education-financial-literacy-financial-inclusion-and-financial-stability-any-lessons-for-the-current-big-tech-era/</link>                </item>
                <item>
                    <title>A Structural Investigation of Quantitative Easing</title>
                    <description></description>
                    <pubDate>Tue, 04 Aug 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/691-a-structural-investigation-of-quantitative-easing/</link>                </item>
                <item>
                    <title>Effects of Fed policy rate forecasts on real yields and inflation expectations at the zero lower bound</title>
                    <description></description>
                    <pubDate>Tue, 28 Jul 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/690-effects-of-fed-policy-rate-forecasts-on-real-yields-and-inflation-expectations-at-the-zero-lower-bound/</link>                </item>
                <item>
                    <title>Competition and Inequality</title>
                    <description></description>
                    <pubDate>Tue, 23 Jun 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/689-competition-and-inequality/</link>                </item>
                <item>
                    <title>The anchoring of long-term inflation expectations of consumers: insights from a new survey</title>
                    <description></description>
                    <pubDate>Tue, 16 Jun 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/688-the-anchoring-of-long-term-inflation-expectations-of-consumers-insights-from-a-new-survey/</link>                </item>
                <item>
                    <title>Financial disruptions and heightened uncertainty: a case for timely policy action</title>
                    <description></description>
                    <pubDate>Thu, 11 Jun 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/687-financial-disruptions-and-heightened-uncertainty-a-case-for-timely-policy-action/</link>                </item>
                <item>
                    <title>The effectiveness of macroprudential policies and capital controls against volatile capital inflows</title>
                    <description></description>
                    <pubDate>Fri, 05 Jun 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/686-the-effectiveness-of-macroprudential-policies-and-capital-controls-against-volatile-capital-inflows/</link>                </item>
                <item>
                    <title>Monetary policy, productivity, and market concentration</title>
                    <description></description>
                    <pubDate>Thu, 28 May 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/685-monetary-policy-productivity-and-market-concentration/</link>                </item>
                <item>
                    <title>Macroeconomic reversal rate: evidence from a nonlinear IS-curve</title>
                    <description></description>
                    <pubDate>Mon, 18 May 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/684-macroeconomic-reversal-rate-evidence-from-a-nonlinear-is-curve/</link>                </item>
                <item>
                    <title>Is there anybody out there? Detecting operational outages from LVTS transaction data</title>
                    <description></description>
                    <pubDate>Sun, 19 Apr 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/683-is-there-anybody-out-there-detecting-operational-outages-from-lvts-transaction-data/</link>                </item>
                <item>
                    <title>How much liquidity would a liquidity-saving mechanism save if a liquidity-saving mechanism could save liquidity? A simulation approach for Canada's large-value payment system Shaun Byck</title>
                    <description></description>
                    <pubDate>Sun, 19 Apr 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/682-how-much-liquidity-would-a-liquidity-saving-mechanism-save-if-a-liquidity-saving-mechanism-could-save-liquidity-a-simulation-approach-for-canada-s-large-value-payment-system-shaun-byck/</link>                </item>
                <item>
                    <title>Shallow or deep? Detecting anomalous flows in the Canadian Automated Clearing and Settlement System using an autoencoder</title>
                    <description></description>
                    <pubDate>Sun, 19 Apr 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/681-shallow-or-deep-detecting-anomalous-flows-in-the-canadian-automated-clearing-and-settlement-system-using-an-autoencoder/</link>                </item>
                <item>
                    <title>Banknote verification relies on vision, feel and a single second</title>
                    <description></description>
                    <pubDate>Thu, 16 Apr 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/680-banknote-verification-relies-on-vision-feel-and-a-single-second/</link>                </item>
                <item>
                    <title>Central Bank Digital Currency - Objectives, preconditions and design choices</title>
                    <description></description>
                    <pubDate>Wed, 15 Apr 2020 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2020-central-bank-digital-currency-objectives-preconditions-and-design-choices/</link>                </item>
                <item>
                    <title>Effects of credit restrictions in the Netherlands and lessons for macroprudential policy</title>
                    <description></description>
                    <pubDate>Fri, 27 Mar 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/679-effects-of-credit-restrictions-in-the-netherlands-and-lessons-for-macroprudential-policy/</link>                </item>
                <item>
                    <title>Liquidity Coverage Ratio in a Payments Network: Uncovering Contagion Paths</title>
                    <description></description>
                    <pubDate>Tue, 24 Mar 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/678-liquidity-coverage-ratio-in-a-payments-network-uncovering-contagion-paths/</link>                </item>
                <item>
                    <title>Product diversification as a performance boosting strategy? Drivers and impact of diversification strategies in the property-liability insurance industry</title>
                    <description></description>
                    <pubDate>Mon, 23 Mar 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/677-product-diversification-as-a-performance-boosting-strategy-drivers-and-impact-of-diversification-strategies-in-the-property-liability-insurance-industry/</link>                </item>
                <item>
                    <title>Fickle Emerging Market Flows, Stable Euros, and the Dollar Risk Factor</title>
                    <description></description>
                    <pubDate>Mon, 16 Mar 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/676-fickle-emerging-market-flows-stable-euros-and-the-dollar-risk-factor/</link>                </item>
                <item>
                    <title>Banks net interest margins and interest rate risk: communicating vessels?</title>
                    <description></description>
                    <pubDate>Fri, 06 Mar 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/675-banks-net-interest-margins-and-interest-rate-risk-communicating-vessels/</link>                </item>
                <item>
                    <title>Demand shocks for public debt in the Eurozone</title>
                    <description></description>
                    <pubDate>Mon, 02 Mar 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/674-demand-shocks-for-public-debt-in-the-eurozone/</link>                </item>
                <item>
                    <title>Capital regulation induced reaching for systematic yield: Financial instability through fire sales</title>
                    <description></description>
                    <pubDate>Thu, 13 Feb 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/673-capital-regulation-induced-reaching-for-systematic-yield-financial-instability-through-fire-sales/</link>                </item>
                <item>
                    <title>The importance of value chains for euro area trade: a time series perspective</title>
                    <description></description>
                    <pubDate>Tue, 04 Feb 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/672-the-importance-of-value-chains-for-euro-area-trade-a-time-series-perspective/</link>                </item>
                <item>
                    <title>Consumer propensity to adopt PSD2 services: trust for sale?</title>
                    <description></description>
                    <pubDate>Mon, 03 Feb 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/671-consumer-propensity-to-adopt-psd2-services-trust-for-sale/</link>                </item>
                <item>
                    <title>How banks respond to distress: Shifting risks in Europe's banking union</title>
                    <description></description>
                    <pubDate>Fri, 24 Jan 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/669-how-banks-respond-to-distress-shifting-risks-in-europe-s-banking-union/</link>                </item>
                <item>
                    <title>Crowded trades, market clustering, and price instability</title>
                    <description></description>
                    <pubDate>Fri, 24 Jan 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/668-crowded-trades-market-clustering-and-price-instability/</link>                </item>
                <item>
                    <title>Corporates dependence on banks: The impact of ECB corporate sector purchases</title>
                    <description></description>
                    <pubDate>Thu, 16 Jan 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/667-corporates-dependence-on-banks-the-impact-of-ecb-corporate-sector-purchases/</link>                </item>
                <item>
                    <title>Natural Rate Chimera and Bond Pricing Reality</title>
                    <description></description>
                    <pubDate>Thu, 16 Jan 2020 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/666-natural-rate-chimera-and-bond-pricing-reality/</link>                </item>
                <item>
                    <title>Bank instability: Interbank linkages and the role of disclosure</title>
                    <description></description>
                    <pubDate>Tue, 07 Jan 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/665-bank-instability-interbank-linkages-and-the-role-of-disclosure/</link>                </item>
                <item>
                    <title>Evolution of monetary policy frameworks in the post-crisis environment</title>
                    <description></description>
                    <pubDate>Tue, 07 Jan 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/664-evolution-of-monetary-policy-frameworks-in-the-post-crisis-environment/</link>                </item>
                <item>
                    <title>The economic forces driving FinTech adoption across countries</title>
                    <description></description>
                    <pubDate>Mon, 06 Jan 2020 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/663-the-economic-forces-driving-fintech-adoption-across-countries/</link>                </item>
                <item>
                    <title>Skating on thin ice: New evidence on financial fragility</title>
                    <description></description>
                    <pubDate>Thu, 02 Jan 2020 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2020/670-skating-on-thin-ice-new-evidence-on-financial-fragility/</link>                </item>
                <item>
                    <title>Financial knowledge and trust in financial institutions</title>
                    <description></description>
                    <pubDate>Thu, 19 Dec 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/financial-knowledge-and-trust-in-financial-institutions/</link>                </item>
                <item>
                    <title> Het spaaroverschot van Nederlandse bedrijven onrafeld</title>
                    <description></description>
                    <pubDate>Tue, 17 Dec 2019 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-4-2019-het-spaaroverschot-van-nederlandse-bedrijven-onrafeld/</link>                </item>
                <item>
                    <title>Capital regulations and the management of credit commitments during crisis times</title>
                    <description></description>
                    <pubDate>Thu, 12 Dec 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/capital-regulations-and-the-management-of-credit-commitments-during-crisis-times/</link>                </item>
                <item>
                    <title>Quantitative easing and exuberance in stock markets: Evidence from the euro area</title>
                    <description></description>
                    <pubDate>Tue, 03 Dec 2019 01:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/quantitative-easing-and-exuberance-in-stock-markets-evidence-from-the-euro-area/</link>                </item>
                <item>
                    <title>Mortgage lending, monetary policy, and prudential measures in small euro-area economies: Evidence from Ireland and the Netherlands</title>
                    <description></description>
                    <pubDate>Mon, 25 Nov 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/mortgage-lending-monetary-policy-and-prudential-measures-in-small-euro-area-economies-evidence-from-ireland-and-the-netherlands/</link>                </item>
                <item>
                    <title>Foreign funded credit: funding the credit cycle?</title>
                    <description></description>
                    <pubDate>Tue, 22 Oct 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/foreign-funded-credit-funding-the-credit-cycle/</link>                </item>
                <item>
                    <title>Credit Supply: Are there negative spillovers from banks' proprietary trading?</title>
                    <description></description>
                    <pubDate>Fri, 18 Oct 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/credit-supply-are-there-negative-spillovers-from-banks-proprietary-trading/</link>                </item>
                <item>
                    <title>Micro prudential regulation and banks&#x26;#39; systemic risk</title>
                    <description></description>
                    <pubDate>Mon, 14 Oct 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/micro-prudential-regulation-and-banks39-systemic-risk/</link>                </item>
                <item>
                    <title>De toegevoegde waarde van maatwerk in risicotoedeling</title>
                    <description></description>
                    <pubDate>Thu, 12 Sep 2019 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2019-de-toegevoegde-waarde-van-maatwerk-in-risicotoedeling/</link>                </item>
                <item>
                    <title>Loan to value caps and government-backed mortgage insurance: Loan-level evidence from Dutch residential mortgages</title>
                    <description></description>
                    <pubDate>Fri, 06 Sep 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/loan-to-value-caps-and-government-backed-mortgage-insurance-loan-level-evidence-from-dutch-residential-mortgages/</link>                </item>
                <item>
                    <title>Behavioral learning equilibria in the New Keynesian model</title>
                    <description></description>
                    <pubDate>Mon, 02 Sep 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/behavioral-learning-equilibria-in-the-new-keynesian-model/</link>                </item>
                <item>
                    <title>Credit risk in commercial real estate bank loans: the role of idiosyncratic versus macro-economic factors</title>
                    <description></description>
                    <pubDate>Thu, 29 Aug 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/credit-risk-in-commercial-real-estate-bank-loans-the-role-of-idiosyncratic-versus-macro-economic-factors/</link>                </item>
                <item>
                    <title>Inflation expectations anchoring: new insights from micro evidence of a survey at high-frequency and of distributions</title>
                    <description></description>
                    <pubDate>Thu, 29 Aug 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/inflation-expectations-anchoring-new-insights-from-micro-evidence-of-a-survey-at-high-frequency-and-of-distributions/</link>                </item>
                <item>
                    <title>How does consumption respond to news about inflation? Field evidence from a randomized control trial</title>
                    <description></description>
                    <pubDate>Thu, 29 Aug 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/how-does-consumption-respond-to-news-about-inflation-field-evidence-from-a-randomized-control-trial/</link>                </item>
                <item>
                    <title>Fundamental uncertainty about the natural rate of interest: Info-gap as guide for monetary policy</title>
                    <description></description>
                    <pubDate>Thu, 29 Aug 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/fundamental-uncertainty-about-the-natural-rate-of-interest-info-gap-as-guide-for-monetary-policy/</link>                </item>
                <item>
                    <title>Beyond the zero lower bound: negative policy rates and bank lending</title>
                    <description></description>
                    <pubDate>Tue, 20 Aug 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/beyond-the-zero-lower-bound-negative-policy-rates-and-bank-lending/</link>                </item>
                <item>
                    <title>Animal spirits and household spending in Europe and the US</title>
                    <description></description>
                    <pubDate>Wed, 14 Aug 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/animal-spirits-and-household-spending-in-europe-and-the-us/</link>                </item>
                <item>
                    <title>Effects of QE on sovereign bond spreads through the safe asset channel</title>
                    <description></description>
                    <pubDate>Tue, 13 Aug 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/effects-of-qe-on-sovereign-bond-spreads-through-the-safe-asset-channel/</link>                </item>
                <item>
                    <title>Debt shift, financial development and income inequality</title>
                    <description></description>
                    <pubDate>Thu, 01 Aug 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/debt-shift-financial-development-and-income-inequality/</link>                </item>
                <item>
                    <title>Wealth shocks and MPC heterogeneity</title>
                    <description></description>
                    <pubDate>Thu, 01 Aug 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/wealth-shocks-and-mpc-heterogeneity/</link>                </item>
                <item>
                    <title>Medium term asymmetric fluctuations and EMU as an optimum currency area</title>
                    <description></description>
                    <pubDate>Tue, 23 Jul 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/medium-term-asymmetric-fluctuations-and-emu-as-an-optimum-currency-area/</link>                </item>
                <item>
                    <title>Security design and credit rating risk in the CLO market</title>
                    <description></description>
                    <pubDate>Mon, 01 Jul 2019 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/security-design-and-credit-rating-risk-in-the-clo-market/</link>                </item>
                <item>
                    <title>Liquidity stress detection in the European banking sector</title>
                    <description></description>
                    <pubDate>Tue, 25 Jun 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/liquidity-stress-detection-in-the-european-banking-sector/</link>                </item>
                <item>
                    <title>Redistributive Consequences of Abolishing Uniform Contribution Policies in Pension Funds</title>
                    <description></description>
                    <pubDate>Tue, 11 Jun 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/redistributive-consequences-of-abolishing-uniform-contribution-policies-in-pension-funds/</link>                </item>
                <item>
                    <title>Dynamics and heterogeneity of subjective stock market expectations</title>
                    <description></description>
                    <pubDate>Tue, 11 Jun 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/dynamics-and-heterogeneity-of-subjective-stock-market-expectations/</link>                </item>
                <item>
                    <title>Measuring trends and persistence in capital and labor misallocation</title>
                    <description></description>
                    <pubDate>Fri, 07 Jun 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/measuring-trends-and-persistence-in-capital-and-labor-misallocation/</link>                </item>
                <item>
                    <title>Being in good hands: Deposit insurance and peers financial sophistication</title>
                    <description></description>
                    <pubDate>Fri, 17 May 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/being-in-good-hands-deposit-insurance-and-peers-financial-sophistication/</link>                </item>
                <item>
                    <title>Local Constant-Quality Housing Market Liquidity Indices</title>
                    <description></description>
                    <pubDate>Mon, 13 May 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/local-constant-quality-housing-market-liquidity-indices/</link>                </item>
                <item>
                    <title>Euro area sovereign risk spillovers before and after the ECB&#x26;#39;s OMT announcement</title>
                    <description></description>
                    <pubDate>Mon, 13 May 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/euro-area-sovereign-risk-spillovers-before-and-after-the-ecb39s-omt-announcement/</link>                </item>
                <item>
                    <title>Heterogeneity and Asymmetric Macroeconomic Effects of Changes in Loan-to-Value Limits</title>
                    <description></description>
                    <pubDate>Mon, 13 May 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/635-heterogeneity-and-asymmetric-macroeconomic-effects-of-changes-in-loan-to-value-limits/</link>                </item>
                <item>
                    <title>Do fiscal rules constrain political budget cycles?</title>
                    <description></description>
                    <pubDate>Thu, 09 May 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/do-fiscal-rules-constrain-political-budget-cycles/</link>                </item>
                <item>
                    <title>Financial Stability and the Fed: Evidence from Congressional Hearings</title>
                    <description></description>
                    <pubDate>Thu, 09 May 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/financial-stability-and-the-fed-evidence-from-congressional-hearings/</link>                </item>
                <item>
                    <title>Monetary policy and the top one percent: Evidence from a century of modern economic history</title>
                    <description></description>
                    <pubDate>Mon, 29 Apr 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/monetary-policy-and-the-top-one-percent-evidence-from-a-century-of-modern-economic-history/</link>                </item>
                <item>
                    <title>Impact of targeted credit easing by the ECB: Bank-level evidence</title>
                    <description></description>
                    <pubDate>Tue, 16 Apr 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/impact-of-targeted-credit-easing-by-the-ecb-bank-level-evidence/</link>                </item>
                <item>
                    <title>Fair Pensions</title>
                    <description></description>
                    <pubDate>Thu, 11 Apr 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/fair-pensions/</link>                </item>
                <item>
                    <title>What Option Prices tell us about the ECBs Unconventional Monetary Policies</title>
                    <description></description>
                    <pubDate>Fri, 05 Apr 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/what-option-prices-tell-us-about-the-ecbs-unconventional-monetary-policies/</link>                </item>
                <item>
                    <title>Who Creates and Destroys Jobs over the Business Cycle?</title>
                    <description></description>
                    <pubDate>Thu, 14 Mar 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/who-creates-and-destroys-jobs-over-the-business-cycle/</link>                </item>
                <item>
                    <title>De kwaliteit en onafhankelijkheid van woningtaxaties</title>
                    <description></description>
                    <pubDate>Thu, 14 Mar 2019 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2019-de-kwaliteit-en-onafhankelijkheid-van-woningtaxaties/</link>                </item>
                <item>
                    <title>The impact of size, composition and duration of the central bank balance sheet on inflation expectations and market prices</title>
                    <description></description>
                    <pubDate>Fri, 08 Mar 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/the-impact-of-size-composition-and-duration-of-the-central-bank-balance-sheet-on-inflation-expectations-and-market-prices/</link>                </item>
                <item>
                    <title>Does monetary policy affect income inequality in the euro area?</title>
                    <description></description>
                    <pubDate>Fri, 08 Mar 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/does-monetary-policy-affect-income-inequality-in-the-euro-area/</link>                </item>
                <item>
                    <title>The Heat is on: a framework for measuring financial stress under disruptive energy transition scenarios</title>
                    <description></description>
                    <pubDate>Mon, 25 Feb 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/the-heat-is-on-a-framework-for-measuring-financial-stress-under-disruptive-energy-transition-scenarios/</link>                </item>
                <item>
                    <title>Outlier detection in TARGET2 risk indicators</title>
                    <description></description>
                    <pubDate>Thu, 07 Feb 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/outlier-detection-in-target2-risk-indicators/</link>                </item>
                <item>
                    <title>The Global Macroeconomics of a Trade War. The EAGLE model on the US-China trade conflict</title>
                    <description></description>
                    <pubDate>Fri, 01 Feb 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/the-global-macroeconomics-of-a-trade-war-the-eagle-model-on-the-us-china-trade-conflict/</link>                </item>
                <item>
                    <title>Did Spillovers From Europe Indeed Contribute to the 2010 U.S. Flash Crash?</title>
                    <description></description>
                    <pubDate>Mon, 28 Jan 2019 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2019/did-spillovers-from-europe-indeed-contribute-to-the-2010-u-s-flash-crash/</link>                </item>
                <item>
                    <title>The Single Supervisory Mechanism: competitive implications for the banking sectors in the euro area</title>
                    <description></description>
                    <pubDate>Mon, 31 Dec 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/the-single-supervisory-mechanism-competitive-implications-for-the-banking-sectors-in-the-euro-area/</link>                </item>
                <item>
                    <title>The impact of sovereign debt ratings on euro area  cross-border holdings of euro area sovereign debt</title>
                    <description></description>
                    <pubDate>Fri, 28 Dec 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/the-impact-of-sovereign-debt-ratings-on-euro-area-cross-border-holdings-of-euro-area-sovereign-debt/</link>                </item>
                <item>
                    <title>Do information contagion and business model similarities explain bank credit risk commonalities?</title>
                    <description></description>
                    <pubDate>Thu, 20 Dec 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/do-information-contagion-and-business-model-similarities-explain-bank-credit-risk-commonalities/</link>                </item>
                <item>
                    <title>The economics of sharing macro-longevity risk</title>
                    <description></description>
                    <pubDate>Tue, 18 Dec 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/the-economics-of-sharing-macro-longevity-risk/</link>                </item>
                <item>
                    <title>Does Housing Vintage Matter? Exploring the Historic City Center of Amsterdam</title>
                    <description></description>
                    <pubDate>Mon, 17 Dec 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/does-housing-vintage-matter-exploring-the-historic-city-center-of-amsterdam/</link>                </item>
                <item>
                    <title>Bank Recapitalizations, Credit Supply, and the Transmission of Monetary Policy</title>
                    <description></description>
                    <pubDate>Mon, 17 Dec 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/bank-recapitalizations-credit-supply-and-the-transmission-of-monetary-policy/</link>                </item>
                <item>
                    <title>The Transmission of an Interest Rate Shock, Standard Mitigants and Household Behavior</title>
                    <description></description>
                    <pubDate>Fri, 07 Dec 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/the-transmission-of-an-interest-rate-shock-standard-mitigants-and-household-behavior/</link>                </item>
                <item>
                    <title>Forward Guidance and the Role of Central Bank Credibility</title>
                    <description></description>
                    <pubDate>Tue, 04 Dec 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/forward-guidance-and-the-role-of-central-bank-credibility/</link>                </item>
                <item>
                    <title>Value at Risk prediction using option-implied risk measures</title>
                    <description></description>
                    <pubDate>Tue, 30 Oct 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/value-at-risk-prediction-using-option-implied-risk-measures/</link>                </item>
                <item>
                    <title>Pension Funds Interconnections and Herd Behavior</title>
                    <description></description>
                    <pubDate>Tue, 30 Oct 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/pension-funds-interconnections-and-herd-behavior/</link>                </item>
                <item>
                    <title>Ctrl+C Ctrl+pay: Do people mirror payment behaviour of their peers?</title>
                    <description></description>
                    <pubDate>Mon, 22 Oct 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/ctrlplusc-ctrlpluspay-do-people-mirror-payment-behaviour-of-their-peers/</link>                </item>
                <item>
                    <title>Size of the banking sector: implications for financial stability</title>
                    <description></description>
                    <pubDate>Thu, 18 Oct 2018 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-6-2018-size-of-the-banking-sector-implications-for-financial-stability/</link>                </item>
                <item>
                    <title>The price of transition: an analysis of the economic implications of carbon taxing</title>
                    <description></description>
                    <pubDate>Thu, 18 Oct 2018 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-8-2018-the-price-of-transition-an-analysis-of-the-economic-implications-of-carbon-taxing/</link>                </item>
                <item>
                    <title>De prijs van transitie: een analyse van de economische gevolgen van CO₂-belasting</title>
                    <description></description>
                    <pubDate>Wed, 17 Oct 2018 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-8-2018-de-prijs-van-transitie-een-analyse-van-de-economische-gevolgen-van-co2-belasting/</link>                </item>
                <item>
                    <title>An energy transition risk stress test for the financial system of the Netherlands</title>
                    <description></description>
                    <pubDate>Thu, 11 Oct 2018 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-7-2018-an-energy-transition-risk-stress-test-for-the-financial-system-of-the-netherlands/</link>                </item>
                <item>
                    <title>Appendix - Modelling the energy transition risk stress test</title>
                    <description></description>
                    <pubDate>Wed, 10 Oct 2018 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-7-2018-appendix-modelling-the-energy-transition-risk-stress-test/</link>                </item>
                <item>
                    <title>Life cycle assessment of cash payments</title>
                    <description></description>
                    <pubDate>Tue, 09 Oct 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/life-cycle-assessment-of-cash-payments/</link>                </item>
                <item>
                    <title>Spillovers of monetary policy across borders: International lending of Dutch banks, insurers and pension funds</title>
                    <description></description>
                    <pubDate>Mon, 01 Oct 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/spillovers-of-monetary-policy-across-borders-international-lending-of-dutch-banks-insurers-and-pension-funds/</link>                </item>
                <item>
                    <title>Trust in other people and the usage of peer platform markets</title>
                    <description></description>
                    <pubDate>Mon, 01 Oct 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/trust-in-other-people-and-the-usage-of-peer-platform-markets/</link>                </item>
                <item>
                    <title>Fiscal discipline in EMU? Testing the effectiveness of the Excessive Deficit Procedure</title>
                    <description></description>
                    <pubDate>Thu, 27 Sep 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/fiscal-discipline-in-emu-testing-the-effectiveness-of-the-excessive-deficit-procedure/</link>                </item>
                <item>
                    <title>Pension fund equity performance: Patience, activity or both?</title>
                    <description></description>
                    <pubDate>Fri, 21 Sep 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/pension-fund-equity-performance-patience-activity-or-both/</link>                </item>
                <item>
                    <title>Drivers of market liquidity - Regulation, monetary policy or new players?</title>
                    <description></description>
                    <pubDate>Mon, 17 Sep 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/drivers-of-market-liquidity-regulation-monetary-policy-or-new-players/</link>                </item>
                <item>
                    <title>DELFI 2.0, DNB's Macroeconomic Policy Model of the Netherlands</title>
                    <description></description>
                    <pubDate>Wed, 12 Sep 2018 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-5-2018-delfi-2-0-dnb-s-macroeconomic-policy-model-of-the-netherlands/</link>                </item>
                <item>
                    <title>How internal and external supervision impact the dynamics between boards and Top Management Teams and TMT reflexivity</title>
                    <description></description>
                    <pubDate>Wed, 15 Aug 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/how-internal-and-external-supervision-impact-the-dynamics-between-boards-and-top-management-teams-and-tmt-reflexivity/</link>                </item>
                <item>
                    <title>Benchmark selection and performance</title>
                    <description></description>
                    <pubDate>Thu, 02 Aug 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/benchmark-selection-and-performance/</link>                </item>
                <item>
                    <title>Herding behavior of Dutch pension funds in asset class investments</title>
                    <description></description>
                    <pubDate>Tue, 24 Jul 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/herding-behavior-of-dutch-pension-funds-in-asset-class-investments/</link>                </item>
                <item>
                    <title>The relation between supply constraints and house price dynamics in the Netherlands</title>
                    <description></description>
                    <pubDate>Wed, 18 Jul 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/the-relation-between-supply-constraints-and-house-price-dynamics-in-the-netherlands/</link>                </item>
                <item>
                    <title>Revisiting the central bank’s lender of last resort function</title>
                    <description></description>
                    <pubDate>Wed, 18 Jul 2018 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-4-2018-revisiting-the-central-bank-s-lender-of-last-resort-function/</link>                </item>
                <item>
                    <title>European banks after the global financial crisis: Peak accumulated losses, twin crises and business models</title>
                    <description></description>
                    <pubDate>Tue, 03 Jul 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/european-banks-after-the-global-financial-crisis-peak-accumulated-losses-twin-crises-and-business-models/</link>                </item>
                <item>
                    <title>Counterparty credit risk and the effectiveness of banking regulation</title>
                    <description></description>
                    <pubDate>Tue, 26 Jun 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/counterparty-credit-risk-and-the-effectiveness-of-banking-regulation/</link>                </item>
                <item>
                    <title>The natural rate of interest from a monetary and financial perspective</title>
                    <description></description>
                    <pubDate>Thu, 14 Jun 2018 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2018-the-natural-rate-of-interest-from-a-monetary-and-financial-perspective/</link>                </item>
                <item>
                    <title>Macroprudential policy and income inequality</title>
                    <description></description>
                    <pubDate>Fri, 01 Jun 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/macroprudential-policy-and-income-inequality/</link>                </item>
                <item>
                    <title>Walk on the wild side: Multiplicative sunspots and temporarily unstable paths</title>
                    <description></description>
                    <pubDate>Fri, 01 Jun 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/walk-on-the-wild-side-multiplicative-sunspots-and-temporarily-unstable-paths/</link>                </item>
                <item>
                    <title>Liquidity regulation, the central bank and the money market</title>
                    <description></description>
                    <pubDate>Fri, 01 Jun 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/liquidity-regulation-the-central-bank-and-the-money-market/</link>                </item>
                <item>
                    <title>Optimal risk-sharing in pension funds when stock and labor markets are co-integrated</title>
                    <description></description>
                    <pubDate>Wed, 30 May 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/optimal-risk-sharing-in-pension-funds-when-stock-and-labor-markets-are-co-integrated/</link>                </item>
                <item>
                    <title>Central bank policies and income and wealth inequality: A survey</title>
                    <description></description>
                    <pubDate>Tue, 22 May 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/central-bank-policies-and-income-and-wealth-inequality-a-survey/</link>                </item>
                <item>
                    <title>Basel methodological heterogeneity and banking system stability: The case of the Netherlands</title>
                    <description></description>
                    <pubDate>Tue, 22 May 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/basel-methodological-heterogeneity-and-banking-system-stability-the-case-of-the-netherlands/</link>                </item>
                <item>
                    <title>CDS market structure and risk flows: the Dutch case</title>
                    <description></description>
                    <pubDate>Fri, 18 May 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/cds-market-structure-and-risk-flows-the-dutch-case/</link>                </item>
                <item>
                    <title>The impact of the ECB asset purchases on the European bond market structure: Granular evidence on ownership concentration</title>
                    <description></description>
                    <pubDate>Wed, 02 May 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/the-impact-of-the-ecb-asset-purchases-on-the-european-bond-market-structure-granular-evidence-on-ownership-concentration/</link>                </item>
                <item>
                    <title>Credit shocks and the European labour market</title>
                    <description></description>
                    <pubDate>Wed, 02 May 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/credit-shocks-and-the-european-labour-market/</link>                </item>
                <item>
                    <title>The international spillovers of the 2010 U.S. flash crash</title>
                    <description></description>
                    <pubDate>Tue, 13 Mar 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/the-international-spillovers-of-the-2010-u-s-flash-crash/</link>                </item>
                <item>
                    <title>Mortgage debt and shadow banks</title>
                    <description></description>
                    <pubDate>Thu, 08 Mar 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/mortgage-debt-and-shadow-banks/</link>                </item>
                <item>
                    <title>Time varying wage Phillips curves in the euro area with a new measure for labor market slack</title>
                    <description></description>
                    <pubDate>Wed, 07 Mar 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/time-varying-wage-phillips-curves-in-the-euro-area-with-a-new-measure-for-labor-market-slack/</link>                </item>
                <item>
                    <title>Quantitative easing and preferred habitat investors in the euro area bond market</title>
                    <description></description>
                    <pubDate>Mon, 05 Mar 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/quantitative-easing-and-preferred-habitat-investors-in-the-euro-area-bond-market/</link>                </item>
                <item>
                    <title>What drives bitcoin adoption by retailers</title>
                    <description></description>
                    <pubDate>Thu, 01 Mar 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/what-drives-bitcoin-adoption-by-retailers/</link>                </item>
                <item>
                    <title>The effect of fiscal announcements on interest spreads: Evidence from the Netherlands</title>
                    <description></description>
                    <pubDate>Tue, 20 Feb 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/the-effect-of-fiscal-announcements-on-interest-spreads-evidence-from-the-netherlands/</link>                </item>
                <item>
                    <title>An urgent call to get better prepared for unexpected events</title>
                    <description></description>
                    <pubDate>Thu, 15 Feb 2018 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2018-an-urgent-call-to-get-better-prepared-for-unexpected-events/</link>                </item>
                <item>
                    <title>From cash to cards: how debit card payments overtook cash in the Netherlands</title>
                    <description></description>
                    <pubDate>Wed, 14 Feb 2018 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2018-from-cash-to-cards-how-debit-card-payments-overtook-cash-in-the-netherlands/</link>                </item>
                <item>
                    <title>Revisiting supply and demand indexes in real estate</title>
                    <description></description>
                    <pubDate>Tue, 30 Jan 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/revisiting-supply-and-demand-indexes-in-real-estate/</link>                </item>
                <item>
                    <title>Effects of payment instruments on unhealthy purchases</title>
                    <description></description>
                    <pubDate>Tue, 16 Jan 2018 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2018/effects-of-payment-instruments-on-unhealthy-purchases/</link>                </item>
                <item>
                    <title>Entropy-based implied moments</title>
                    <description></description>
                    <pubDate>Wed, 27 Dec 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/entropy-based-implied-moments/</link>                </item>
                <item>
                    <title>Mortgage arrears, regulation and institutions: Cross-country evidence</title>
                    <description></description>
                    <pubDate>Wed, 27 Dec 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/mortgage-arrears-regulation-and-institutions-cross-country-evidence/</link>                </item>
                <item>
                    <title>How expensive should CO2 be? Fuel for the debate on optimal climate policy</title>
                    <description></description>
                    <pubDate>Mon, 11 Dec 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/how-expensive-should-co2-be-fuel-for-the-debate-on-optimal-climate-policy/</link>                </item>
                <item>
                    <title>The power of percentage: Quantitative framing of pension income</title>
                    <description></description>
                    <pubDate>Mon, 11 Dec 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/the-power-of-percentage-quantitative-framing-of-pension-income/</link>                </item>
                <item>
                    <title>Bank based versus market-based financing. Implications for systemic risk</title>
                    <description></description>
                    <pubDate>Mon, 11 Dec 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/bank-based-versus-market-based-financing-implications-for-systemic-risk/</link>                </item>
                <item>
                    <title>Collective bargaining through the magnifying glass: A comparison between the Netherlands and Portugal</title>
                    <description></description>
                    <pubDate>Tue, 21 Nov 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/collective-bargaining-through-the-magnifying-glass-a-comparison-between-the-netherlands-and-portugal/</link>                </item>
                <item>
                    <title>Developing macroprudential policy for alternative investment funds</title>
                    <description></description>
                    <pubDate>Wed, 15 Nov 2017 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-4-2017-developing-macroprudential-policy-for-alternative-investment-funds/</link>                </item>
                <item>
                    <title>Assessing the effective stance of monetary policy: A factor-based approach</title>
                    <description></description>
                    <pubDate>Thu, 09 Nov 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/assessing-the-effective-stance-of-monetary-policy-a-factor-based-approach/</link>                </item>
                <item>
                    <title>Evaluating the environmental impact of debit card payments</title>
                    <description></description>
                    <pubDate>Fri, 20 Oct 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/evaluating-the-environmental-impact-of-debit-card-payments/</link>                </item>
                <item>
                    <title>Modeling the business and financial cycle in a multivariate structural time series model</title>
                    <description></description>
                    <pubDate>Thu, 19 Oct 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/modeling-the-business-and-financial-cycle-in-a-multivariate-structural-time-series-model/</link>                </item>
                <item>
                    <title>Contingent convertibles: Can the market handle them?</title>
                    <description></description>
                    <pubDate>Tue, 03 Oct 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/contingent-convertibles-can-the-market-handle-them/</link>                </item>
                <item>
                    <title>Using debit card payments data for nowcasting Dutch household consumption</title>
                    <description></description>
                    <pubDate>Tue, 03 Oct 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/using-debit-card-payments-data-for-nowcasting-dutch-household-consumption/</link>                </item>
                <item>
                    <title>US monetary regimes and optimal monetary policy in the Euro Area</title>
                    <description></description>
                    <pubDate>Mon, 25 Sep 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/us-monetary-regimes-and-optimal-monetary-policy-in-the-euro-area/</link>                </item>
                <item>
                    <title>Herding behaviour of Dutch pension funds in sovereign bond investments</title>
                    <description></description>
                    <pubDate>Mon, 18 Sep 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/herding-behaviour-of-dutch-pension-funds-in-sovereign-bond-investments/</link>                </item>
                <item>
                    <title>Financial structure and macroeconomic volatility: a panel data analysis</title>
                    <description></description>
                    <pubDate>Tue, 12 Sep 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/financial-structure-and-macroeconomic-volatility-a-panel-data-analysis/</link>                </item>
                <item>
                    <title>Applying complexity theory to interest rates: Evidence of critical transitions in the euro area</title>
                    <description></description>
                    <pubDate>Mon, 04 Sep 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/applying-complexity-theory-to-interest-rates-evidence-of-critical-transitions-in-the-euro-area/</link>                </item>
                <item>
                    <title>Central bank swap lines and CIP deviations</title>
                    <description></description>
                    <pubDate>Mon, 14 Aug 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/central-bank-swap-lines-and-cip-deviations/</link>                </item>
                <item>
                    <title>The effects of fiscal policy at the effective lower bound</title>
                    <description></description>
                    <pubDate>Tue, 01 Aug 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/the-effects-of-fiscal-policy-at-the-effective-lower-bound/</link>                </item>
                <item>
                    <title>Heterogeneity in house price dynamics</title>
                    <description></description>
                    <pubDate>Tue, 01 Aug 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/heterogeneity-in-house-price-dynamics/</link>                </item>
                <item>
                    <title>Payments data: do consumers want to keep them in a safe or turn them into gold?</title>
                    <description></description>
                    <pubDate>Mon, 17 Jul 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/payments-data-do-consumers-want-to-keep-them-in-a-safe-or-turn-them-into-gold/</link>                </item>
                <item>
                    <title>Is fiscal policy in the euro area Ricardian?</title>
                    <description></description>
                    <pubDate>Mon, 17 Jul 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/is-fiscal-policy-in-the-euro-area-ricardian/</link>                </item>
                <item>
                    <title>Capitalising on the euro</title>
                    <description></description>
                    <pubDate>Fri, 14 Jul 2017 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2017-capitalising-on-the-euro/</link>                </item>
                <item>
                    <title>A top-down stress testing framework for the Dutch banking sector</title>
                    <description></description>
                    <pubDate>Fri, 14 Jul 2017 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2017-a-top-down-stress-testing-framework-for-the-dutch-banking-sector/</link>                </item>
                <item>
                    <title>Does it pay to pay performance fees? Empirical evidence from Dutch pension funds</title>
                    <description></description>
                    <pubDate>Tue, 11 Jul 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/does-it-pay-to-pay-performance-fees-empirical-evidence-from-dutch-pension-funds/</link>                </item>
                <item>
                    <title>Bank profitability and risk-taking under low interest rates</title>
                    <description></description>
                    <pubDate>Tue, 11 Jul 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/bank-profitability-and-risk-taking-under-low-interest-rates/</link>                </item>
                <item>
                    <title>The shift in bank credit allocation: new data and new findings</title>
                    <description></description>
                    <pubDate>Wed, 21 Jun 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/the-shift-in-bank-credit-allocation-new-data-and-new-findings/</link>                </item>
                <item>
                    <title>Cyclical patterns in risk indicators based on financial market infrastructure transaction data</title>
                    <description></description>
                    <pubDate>Fri, 09 Jun 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/cyclical-patterns-in-risk-indicators-based-on-financial-market-infrastructure-transaction-data/</link>                </item>
                <item>
                    <title>Risk indicators for financial market infrastructure: from high frequency transaction data to a traffic light signal</title>
                    <description></description>
                    <pubDate>Fri, 09 Jun 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/risk-indicators-for-financial-market-infrastructure-from-high-frequency-transaction-data-to-a-traffic-light-signal/</link>                </item>
                <item>
                    <title>Home biased expectations and macroeconomic imbalances in a monetary union</title>
                    <description></description>
                    <pubDate>Fri, 02 Jun 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/home-biased-expectations-and-macroeconomic-imbalances-in-a-monetary-union/</link>                </item>
                <item>
                    <title>The housing market in major Dutch cities</title>
                    <description></description>
                    <pubDate>Wed, 17 May 2017 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2017-the-housing-market-in-major-dutch-cities/</link>                </item>
                <item>
                    <title>Pension funds illiquid assets allocation under liquidity and capital constraints</title>
                    <description></description>
                    <pubDate>Wed, 19 Apr 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/pension-funds-illiquid-assets-allocation-under-liquidity-and-capital-constraints/</link>                </item>
                <item>
                    <title>Pension funds carbon footprint and investment trade-offs</title>
                    <description></description>
                    <pubDate>Wed, 12 Apr 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/pension-funds-carbon-footprint-and-investment-trade-offs/</link>                </item>
                <item>
                    <title>SenSR: A sentiment-based systemic risk indicator</title>
                    <description></description>
                    <pubDate>Mon, 10 Apr 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/sensr-a-sentiment-based-systemic-risk-indicator/</link>                </item>
                <item>
                    <title>Bank switching and deposit rates: Evidence for crisis and non-crisis years</title>
                    <description></description>
                    <pubDate>Mon, 27 Mar 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/bank-switching-and-deposit-rates-evidence-for-crisis-and-non-crisis-years/</link>                </item>
                <item>
                    <title>Asymmetric consumption effects of transitory income shocks</title>
                    <description></description>
                    <pubDate>Fri, 24 Mar 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/asymmetric-consumption-effects-of-transitory-income-shocks/</link>                </item>
                <item>
                    <title>To stay or go? Consumer bank switching behaviour after government interventions</title>
                    <description></description>
                    <pubDate>Thu, 16 Mar 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/to-stay-or-go-consumer-bank-switching-behaviour-after-government-interventions/</link>                </item>
                <item>
                    <title>News consumption, political preferences, and accurate views on inflation</title>
                    <description></description>
                    <pubDate>Wed, 15 Mar 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/news-consumption-political-preferences-and-accurate-views-on-inflation/</link>                </item>
                <item>
                    <title>Quantitative easing and exuberance in government bond markets: Evidence from the ECB's expanded asset purchase program</title>
                    <description></description>
                    <pubDate>Wed, 15 Mar 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/quantitative-easing-and-exuberance-in-government-bond-markets-evidence-from-the-ecb-s-expanded-asset-purchase-program/</link>                </item>
                <item>
                    <title>X efficiency and economies of scale in pension fund administration and investment</title>
                    <description></description>
                    <pubDate>Thu, 23 Feb 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/x-efficiency-and-economies-of-scale-in-pension-fund-administration-and-investment/</link>                </item>
                <item>
                    <title>Survey shortcuts? Evidence from a payment diary survey</title>
                    <description></description>
                    <pubDate>Thu, 23 Feb 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/survey-shortcuts-evidence-from-a-payment-diary-survey/</link>                </item>
                <item>
                    <title>Follow the money: Does the financial sector intermediate natural resource windfalls?</title>
                    <description></description>
                    <pubDate>Thu, 23 Feb 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/follow-the-money-does-the-financial-sector-intermediate-natural-resource-windfalls/</link>                </item>
                <item>
                    <title>Fundamental uncertainty and unconventional monetary policy: an info-gap approach</title>
                    <description></description>
                    <pubDate>Thu, 23 Feb 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/fundamental-uncertainty-and-unconventional-monetary-policy-an-info-gap-approach/</link>                </item>
                <item>
                    <title>Contingent convertible bonds: Who invests in European CoCos?</title>
                    <description></description>
                    <pubDate>Thu, 16 Feb 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/contingent-convertible-bonds-who-invests-in-european-cocos/</link>                </item>
                <item>
                    <title>Public capital in the 21st century: As productive as ever?</title>
                    <description></description>
                    <pubDate>Wed, 18 Jan 2017 13:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2017/public-capital-in-the-21st-century-as-productive-as-ever/</link>                </item>
                <item>
                    <title>Hazardous tango: Sovereign-bank interdependencies across countries and time</title>
                    <description></description>
                    <pubDate>Wed, 28 Dec 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/541-hazardous-tango-sovereign-bank-interdependencies-across-countries-and-time/</link>                </item>
                <item>
                    <title>Euro area imbalances</title>
                    <description></description>
                    <pubDate>Wed, 28 Dec 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/540-euro-area-imbalances/</link>                </item>
                <item>
                    <title>The politics of central bank independence</title>
                    <description></description>
                    <pubDate>Thu, 22 Dec 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/539-the-politics-of-central-bank-independence/</link>                </item>
                <item>
                    <title>Will helicopter money be spent? New evidence</title>
                    <description></description>
                    <pubDate>Thu, 15 Dec 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/538-will-helicopter-money-be-spent-new-evidence/</link>                </item>
                <item>
                    <title>The Return on Equity of Large Dutch Banks</title>
                    <description></description>
                    <pubDate>Wed, 14 Dec 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-5-2016-the-return-on-equity-of-large-dutch-banks/</link>                </item>
                <item>
                    <title>Trust in the central bank and inflation expectations</title>
                    <description></description>
                    <pubDate>Wed, 14 Dec 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/537-trust-in-the-central-bank-and-inflation-expectations/</link>                </item>
                <item>
                    <title>Sectoral allocation and macroeconomic imbalances in EMU</title>
                    <description></description>
                    <pubDate>Mon, 12 Dec 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/536-sectoral-allocation-and-macroeconomic-imbalances-in-emu/</link>                </item>
                <item>
                    <title>Pension profile preferences: the influence of trust and expected expenses</title>
                    <description></description>
                    <pubDate>Mon, 28 Nov 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/535-pension-profile-preferences-the-influence-of-trust-and-expected-expenses/</link>                </item>
                <item>
                    <title>Aggregate liquidity and banking sector fragility</title>
                    <description></description>
                    <pubDate>Thu, 24 Nov 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/534-aggregate-liquidity-and-banking-sector-fragility/</link>                </item>
                <item>
                    <title>Mining matters: Natural resource extraction and local business constraints</title>
                    <description></description>
                    <pubDate>Tue, 15 Nov 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/533-mining-matters-natural-resource-extraction-and-local-business-constraints/</link>                </item>
                <item>
                    <title>Payment behaviour: the role of socio-psychological factors</title>
                    <description></description>
                    <pubDate>Mon, 07 Nov 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/532-payment-behaviour-the-role-of-socio-psychological-factors/</link>                </item>
                <item>
                    <title>International investment positions revisited: Investor heterogeneity and individual security characteristics</title>
                    <description></description>
                    <pubDate>Mon, 07 Nov 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/531-international-investment-positions-revisited-investor-heterogeneity-and-individual-security-characteristics/</link>                </item>
                <item>
                    <title>Finance and income inequality: A review and new evidence</title>
                    <description></description>
                    <pubDate>Mon, 07 Nov 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/530-finance-and-income-inequality-a-review-and-new-evidence/</link>                </item>
                <item>
                    <title>Does the Fed's unconventional monetary policy weaken the link between the financial and the real sector?</title>
                    <description></description>
                    <pubDate>Fri, 04 Nov 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/529-does-the-fed-s-unconventional-monetary-policy-weaken-the-link-between-the-financial-and-the-real-sector/</link>                </item>
                <item>
                    <title>The formation of a core-periphery structure in heterogeneous financial networks</title>
                    <description></description>
                    <pubDate>Fri, 04 Nov 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/528-the-formation-of-a-core-periphery-structure-in-heterogeneous-financial-networks/</link>                </item>
                <item>
                    <title>Financial globalization and foreign direct investment</title>
                    <description></description>
                    <pubDate>Fri, 04 Nov 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/527-financial-globalization-and-foreign-direct-investment/</link>                </item>
                <item>
                    <title>Bank profitability and risk taking in a prolonged environment of low interest rates: a study of interest rate risk in the banking book of Dutch banks</title>
                    <description></description>
                    <pubDate>Fri, 04 Nov 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/526-bank-profitability-and-risk-taking-in-a-prolonged-environment-of-low-interest-rates-a-study-of-interest-rate-risk-in-the-banking-book-of-dutch-banks/</link>                </item>
                <item>
                    <title>Necessity as the mother of invention monetary policy after the crisis</title>
                    <description></description>
                    <pubDate>Wed, 26 Oct 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/525-necessity-as-the-mother-of-invention-monetary-policy-after-the-crisis/</link>                </item>
                <item>
                    <title>Generalized stability of monetary unions under regime switching in monetary and fiscal policies</title>
                    <description></description>
                    <pubDate>Tue, 25 Oct 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/524-generalized-stability-of-monetary-unions-under-regime-switching-in-monetary-and-fiscal-policies/</link>                </item>
                <item>
                    <title>Connecting the dots: market reactions to forecasts of policy rates and forward guidance provided by the Fed</title>
                    <description></description>
                    <pubDate>Mon, 24 Oct 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/523-connecting-the-dots-market-reactions-to-forecasts-of-policy-rates-and-forward-guidance-provided-by-the-fed/</link>                </item>
                <item>
                    <title>Perspectief op groei: De Nederlandse economie in beweging</title>
                    <description></description>
                    <pubDate>Wed, 12 Oct 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-4-2016-perspectief-op-groei-de-nederlandse-economie-in-beweging/</link>                </item>
                <item>
                    <title>On the value of virtual currencies</title>
                    <description></description>
                    <pubDate>Fri, 23 Sep 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/521-on-the-value-of-virtual-currencies/</link>                </item>
                <item>
                    <title>Inflation in the euro area and why it matters</title>
                    <description></description>
                    <pubDate>Thu, 15 Sep 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2016-inflation-in-the-euro-area-and-why-it-matters/</link>                </item>
                <item>
                    <title>International Banking and Cross-Border Effects of Regulation: Lessons from the Netherlands</title>
                    <description></description>
                    <pubDate>Thu, 15 Sep 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/520-international-banking-and-cross-border-effects-of-regulation-lessons-from-the-netherlands/</link>                </item>
                <item>
                    <title>Fuel tourism in Dutch border regions: are only salient price differentials relevant?</title>
                    <description></description>
                    <pubDate>Thu, 25 Aug 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/519-fuel-tourism-in-dutch-border-regions-are-only-salient-price-differentials-relevant/</link>                </item>
                <item>
                    <title>Credit Defaults, Bank Lending and the Real Economy</title>
                    <description></description>
                    <pubDate>Thu, 25 Aug 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/518-credit-defaults-bank-lending-and-the-real-economy/</link>                </item>
                <item>
                    <title>The signalling content of asset prices for inflation: Implications for Quantitative Easing</title>
                    <description></description>
                    <pubDate>Thu, 28 Jul 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/516-the-signalling-content-of-asset-prices-for-inflation-implications-for-quantitative-easing/</link>                </item>
                <item>
                    <title>How competitiveness shocks affect macroeconomic performance across euro area countries</title>
                    <description></description>
                    <pubDate>Wed, 27 Jul 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/515-how-competitiveness-shocks-affect-macroeconomic-performance-across-euro-area-countries/</link>                </item>
                <item>
                    <title>Macroeconomic effects of mortgage interest deduction</title>
                    <description></description>
                    <pubDate>Thu, 07 Jul 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/514-macroeconomic-effects-of-mortgage-interest-deduction/</link>                </item>
                <item>
                    <title>Timing of banks' loan loss provisioning during the crisis</title>
                    <description></description>
                    <pubDate>Thu, 02 Jun 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/513-timing-of-banks-loan-loss-provisioning-during-the-crisis/</link>                </item>
                <item>
                    <title>Communicating dissent on monetary policy: Evidence from central bank minutes</title>
                    <description></description>
                    <pubDate>Tue, 17 May 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/512-communicating-dissent-on-monetary-policy-evidence-from-central-bank-minutes/</link>                </item>
                <item>
                    <title>Determinacy analysis in high order dynamic systems: The case of nominal rigidities and limited asset market participation</title>
                    <description></description>
                    <pubDate>Thu, 21 Apr 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/511-determinacy-analysis-in-high-order-dynamic-systems-the-case-of-nominal-rigidities-and-limited-asset-market-participation/</link>                </item>
                <item>
                    <title>A comparative analysis of developments in central bank balance sheet composition</title>
                    <description></description>
                    <pubDate>Mon, 11 Apr 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/510-a-comparative-analysis-of-developments-in-central-bank-balance-sheet-composition/</link>                </item>
                <item>
                    <title>Deflation risk in the euro area and central bank credibility</title>
                    <description></description>
                    <pubDate>Tue, 05 Apr 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/509-deflation-risk-in-the-euro-area-and-central-bank-credibility/</link>                </item>
                <item>
                    <title>Individual inflation expectations in a declining-inflation environment: Evidence from survey data</title>
                    <description></description>
                    <pubDate>Wed, 30 Mar 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/508-individual-inflation-expectations-in-a-declining-inflation-environment-evidence-from-survey-data/</link>                </item>
                <item>
                    <title>Time for Transition - an exploratory study of the transition to a carbon-neutral economy</title>
                    <description></description>
                    <pubDate>Wed, 16 Mar 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2016-time-for-transition-an-exploratory-study-of-the-transition-to-a-carbon-neutral-economy/</link>                </item>
                <item>
                    <title>Improving model-based near-term GDP forecasts by subjective forecasts: A real-time exercise for the G7 countries</title>
                    <description></description>
                    <pubDate>Thu, 10 Mar 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/507-improving-model-based-near-term-gdp-forecasts-by-subjective-forecasts-a-real-time-exercise-for-the-g7-countries/</link>                </item>
                <item>
                    <title>Measuring expectations of inflation: Effects of survey mode, wording, and opportunities to revise</title>
                    <description></description>
                    <pubDate>Mon, 07 Mar 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/506-measuring-expectations-of-inflation-effects-of-survey-mode-wording-and-opportunities-to-revise/</link>                </item>
                <item>
                    <title>The invisible hand of the government: “Moral suasion” during the European sovereign debt crisis</title>
                    <description></description>
                    <pubDate>Mon, 07 Mar 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/505-the-invisible-hand-of-the-government-moral-suasion-during-the-european-sovereign-debt-crisis/</link>                </item>
                <item>
                    <title>How to monitor the exit from the Eurosystem’s unconventional monetary policy: Is EONIA dead and gone?</title>
                    <description></description>
                    <pubDate>Mon, 07 Mar 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/504-how-to-monitor-the-exit-from-the-eurosystem-s-unconventional-monetary-policy-is-eonia-dead-and-gone/</link>                </item>
                <item>
                    <title>Pension funds’ herding</title>
                    <description></description>
                    <pubDate>Tue, 01 Mar 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/503-pension-funds-herding/</link>                </item>
                <item>
                    <title>The changing composition of the supervisory boards of the eight largest banks and insurers during 2008-2014 and the impact of the “4+4 suitability screenings”</title>
                    <description></description>
                    <pubDate>Tue, 01 Mar 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/502-the-changing-composition-of-the-supervisory-boards-of-the-eight-largest-banks-and-insurers-during-2008-2014-and-the-impact-of-the-4plus4-suitability-screenings/</link>                </item>
                <item>
                    <title>On the differential impact of securitization on bank lending during the financial crisis</title>
                    <description></description>
                    <pubDate>Tue, 01 Mar 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/501-on-the-differential-impact-of-securitization-on-bank-lending-during-the-financial-crisis/</link>                </item>
                <item>
                    <title>A shock to the system? Market illiquidity and concentrated holdings in European bond markets</title>
                    <description></description>
                    <pubDate>Wed, 17 Feb 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2016-a-shock-to-the-system-market-illiquidity-and-concentrated-holdings-in-european-bond-markets/</link>                </item>
                <item>
                    <title>A descriptive model of banking and aggregate demand</title>
                    <description></description>
                    <pubDate>Tue, 09 Feb 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/500-a-descriptive-model-of-banking-and-aggregate-demand/</link>                </item>
                <item>
                    <title>Does Banknote Quality Affect Counterfeit Detection? Experimental evidence from Germany and the Netherlands</title>
                    <description></description>
                    <pubDate>Mon, 01 Feb 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/499-does-banknote-quality-affect-counterfeit-detection-experimental-evidence-from-germany-and-the-netherlands/</link>                </item>
                <item>
                    <title>Effective macroprudential policy: Cross-sector substitution from price and quantity measures</title>
                    <description></description>
                    <pubDate>Mon, 01 Feb 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/498-effective-macroprudential-policy-cross-sector-substitution-from-price-and-quantity-measures/</link>                </item>
                <item>
                    <title>Price level convergence within the euro area: How Europe caught up with the US and lost terrain again</title>
                    <description></description>
                    <pubDate>Wed, 27 Jan 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/497-price-level-convergence-within-the-euro-area-how-europe-caught-up-with-the-us-and-lost-terrain-again/</link>                </item>
                <item>
                    <title>Consumption uncertainty and precautionary saving</title>
                    <description></description>
                    <pubDate>Tue, 26 Jan 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/496-consumption-uncertainty-and-precautionary-saving/</link>                </item>
                <item>
                    <title>Measuring financial cycles with a model-based filter: Empirical evidence for the United States and the euro area</title>
                    <description></description>
                    <pubDate>Tue, 26 Jan 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/495-measuring-financial-cycles-with-a-model-based-filter-empirical-evidence-for-the-united-states-and-the-euro-area/</link>                </item>
                <item>
                    <title>Why risk is so hard to measure</title>
                    <description></description>
                    <pubDate>Tue, 05 Jan 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/494-why-risk-is-so-hard-to-measure/</link>                </item>
                <item>
                    <title>Competing for savings: how important is creditworthiness during the crisis?</title>
                    <description></description>
                    <pubDate>Tue, 05 Jan 2016 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2016/493-competing-for-savings-how-important-is-creditworthiness-during-the-crisis/</link>                </item>
                <item>
                    <title>What drives public acceptance of reforms? Longitudinal evidence from the run-up of the increase of the Dutch retirement age</title>
                    <description></description>
                    <pubDate>Tue, 29 Dec 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/492-what-drives-public-acceptance-of-reforms-longitudinal-evidence-from-the-run-up-of-the-increase-of-the-dutch-retirement-age/</link>                </item>
                <item>
                    <title>Biases in supervision: what are they and how can we deal with them?</title>
                    <description></description>
                    <pubDate>Thu, 24 Dec 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-6-2015-biases-in-supervision-what-are-they-and-how-can-we-deal-with-them/</link>                </item>
                <item>
                    <title>Family, friends and framing: A cross-country study of subjective survival expectations</title>
                    <description></description>
                    <pubDate>Wed, 23 Dec 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/491-family-friends-and-framing-a-cross-country-study-of-subjective-survival-expectations/</link>                </item>
                <item>
                    <title>Banking products: you can take them with you, so why don't you?</title>
                    <description></description>
                    <pubDate>Mon, 21 Dec 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/490-banking-products-you-can-take-them-with-you-so-why-don-t-you/</link>                </item>
                <item>
                    <title>Short-termism of long-term investors? The investment behaviour of Dutch insurance companies and pension funds</title>
                    <description></description>
                    <pubDate>Mon, 21 Dec 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/489-short-termism-of-long-term-investors-the-investment-behaviour-of-dutch-insurance-companies-and-pension-funds/</link>                </item>
                <item>
                    <title>Shedding a clearer light on financial stability risks in the shadow banking system</title>
                    <description></description>
                    <pubDate>Thu, 17 Dec 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-7-2015-shedding-a-clearer-light-on-financial-stability-risks-in-the-shadow-banking-system/</link>                </item>
                <item>
                    <title>Decision making in times of uncertainty: An info-gap perspective</title>
                    <description></description>
                    <pubDate>Thu, 26 Nov 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/487-decision-making-in-times-of-uncertainty-an-info-gap-perspective/</link>                </item>
                <item>
                    <title>Demand and supply of mortgage credit</title>
                    <description></description>
                    <pubDate>Tue, 17 Nov 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/486-demand-and-supply-of-mortgage-credit/</link>                </item>
                <item>
                    <title>Longevity Risk Transfer activities by European insurers and pension funds</title>
                    <description></description>
                    <pubDate>Thu, 12 Nov 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-5-2015-longevity-risk-transfer-activities-by-european-insurers-and-pension-funds/</link>                </item>
                <item>
                    <title>Recovery measures of underfunded pension funds: higher contributions, no indexation, or pension cuts?</title>
                    <description></description>
                    <pubDate>Wed, 28 Oct 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/485-recovery-measures-of-underfunded-pension-funds-higher-contributions-no-indexation-or-pension-cuts/</link>                </item>
                <item>
                    <title>Stability of participation in collective pension schemes: An option pricing approach</title>
                    <description></description>
                    <pubDate>Wed, 21 Oct 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/484-stability-of-participation-in-collective-pension-schemes-an-option-pricing-approach/</link>                </item>
                <item>
                    <title>Dutch mortgages in the DNB loan level data</title>
                    <description></description>
                    <pubDate>Thu, 15 Oct 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-4-2015-dutch-mortgages-in-the-dnb-loan-level-data/</link>                </item>
                <item>
                    <title>The impact of the ECB’s conventional and unconventional monetary policies on stock markets</title>
                    <description></description>
                    <pubDate>Wed, 07 Oct 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/483-the-impact-of-the-ecb-s-conventional-and-unconventional-monetary-policies-on-stock-markets/</link>                </item>
                <item>
                    <title>Liquidity creation without banks</title>
                    <description></description>
                    <pubDate>Thu, 27 Aug 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/482-liquidity-creation-without-banks/</link>                </item>
                <item>
                    <title>Internet search behavior, liquidity and prices in the housing market</title>
                    <description></description>
                    <pubDate>Thu, 20 Aug 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/481-internet-search-behavior-liquidity-and-prices-in-the-housing-market/</link>                </item>
                <item>
                    <title>Convertible bonds and bank risk-taking</title>
                    <description></description>
                    <pubDate>Thu, 13 Aug 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/480-convertible-bonds-and-bank-risk-taking/</link>                </item>
                <item>
                    <title>A theory of bazookas; or, “when (and when not) to use large-scale official sector support”</title>
                    <description></description>
                    <pubDate>Wed, 05 Aug 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/479-a-theory-of-bazookas-or-when-and-when-not-to-use-large-scale-official-sector-support/</link>                </item>
                <item>
                    <title>Systemic risk of European banks: Regulators and markets</title>
                    <description></description>
                    <pubDate>Wed, 22 Jul 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/478-systemic-risk-of-european-banks-regulators-and-markets/</link>                </item>
                <item>
                    <title>Are expenditure cuts the only effective way to achieve successful fiscal adjustment</title>
                    <description></description>
                    <pubDate>Tue, 21 Jul 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/477-are-expenditure-cuts-the-only-effective-way-to-achieve-successful-fiscal-adjustment/</link>                </item>
                <item>
                    <title>Collateral optimisation, re-use and transformation</title>
                    <description></description>
                    <pubDate>Wed, 01 Jul 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-5-2014-collateral-optimisation-re-use-and-transformation/</link>                </item>
                <item>
                    <title>Central Bank CollaterALL</title>
                    <description></description>
                    <pubDate>Thu, 18 Jun 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2015-central-bank-collaterall/</link>                </item>
                <item>
                    <title>Communication about future policy rates in theory and practice: A Survey</title>
                    <description></description>
                    <pubDate>Tue, 09 Jun 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/475-communication-about-future-policy-rates-in-theory-and-practice-a-survey/</link>                </item>
                <item>
                    <title>Leading indicators of financial stress: New evidence</title>
                    <description></description>
                    <pubDate>Tue, 09 Jun 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/476-leading-indicators-of-financial-stress-new-evidence/</link>                </item>
                <item>
                    <title>Scale economies in pension fund investments: A dissection of investment costs across asset classes</title>
                    <description></description>
                    <pubDate>Wed, 03 Jun 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/474-scale-economies-in-pension-fund-investments-a-dissection-of-investment-costs-across-asset-classes/</link>                </item>
                <item>
                    <title>Central bank balance sheet policies and inflation expectations</title>
                    <description></description>
                    <pubDate>Wed, 20 May 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/473-central-bank-balance-sheet-policies-and-inflation-expectations/</link>                </item>
                <item>
                    <title>Effects of further reductions in the LTV limit</title>
                    <description></description>
                    <pubDate>Thu, 14 May 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2015-effects-of-further-reductions-in-the-ltv-limit/</link>                </item>
                <item>
                    <title>The formation of European inflation expectations: One learning rule does not fit all</title>
                    <description></description>
                    <pubDate>Thu, 30 Apr 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/472-the-formation-of-european-inflation-expectations-one-learning-rule-does-not-fit-all/</link>                </item>
                <item>
                    <title>Changing payment patterns at point-of-sale: their drivers</title>
                    <description></description>
                    <pubDate>Thu, 30 Apr 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/471-changing-payment-patterns-at-point-of-sale-their-drivers/</link>                </item>
                <item>
                    <title>Does a public campaign influence debit card usage? Evidence from the Netherlands</title>
                    <description></description>
                    <pubDate>Thu, 09 Apr 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/470-does-a-public-campaign-influence-debit-card-usage-evidence-from-the-netherlands/</link>                </item>
                <item>
                    <title>Financial stress indices and financial crises</title>
                    <description></description>
                    <pubDate>Thu, 02 Apr 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/469-financial-stress-indices-and-financial-crises/</link>                </item>
                <item>
                    <title>Bank lending and capital</title>
                    <description></description>
                    <pubDate>Wed, 01 Apr 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2014-bank-lending-and-capital/</link>                </item>
                <item>
                    <title>Insurance companies' trading behaviour during the European Sovereign debt crisis: Flight home or flight to quality?</title>
                    <description></description>
                    <pubDate>Tue, 17 Mar 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/468-insurance-companies-trading-behaviour-during-the-european-sovereign-debt-crisis-flight-home-or-flight-to-quality/</link>                </item>
                <item>
                    <title>Effect of bank capital requirements on economic growth</title>
                    <description></description>
                    <pubDate>Thu, 12 Mar 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/467-effect-of-bank-capital-requirements-on-economic-growth/</link>                </item>
                <item>
                    <title>Central bank intervention in large value payment systems: An experimental approach</title>
                    <description></description>
                    <pubDate>Thu, 12 Mar 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/466-central-bank-intervention-in-large-value-payment-systems-an-experimental-approach/</link>                </item>
                <item>
                    <title>Firms entry, oligopolistic competition and labor market dynamics</title>
                    <description></description>
                    <pubDate>Thu, 05 Mar 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/465-firms-entry-oligopolistic-competition-and-labor-market-dynamics/</link>                </item>
                <item>
                    <title>How internal and external supervisors influence employees' self-serving decisions</title>
                    <description></description>
                    <pubDate>Thu, 05 Mar 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/464-how-internal-and-external-supervisors-influence-employees-self-serving-decisions/</link>                </item>
                <item>
                    <title>Market reactions to the ECB's Comprehensive Assessment</title>
                    <description></description>
                    <pubDate>Mon, 02 Mar 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/463-market-reactions-to-the-ecb-s-comprehensive-assessment/</link>                </item>
                <item>
                    <title>Loss shocks and the quantity and price of private export credit insurance: Evidence from a global insurer</title>
                    <description></description>
                    <pubDate>Thu, 26 Feb 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/462-loss-shocks-and-the-quantity-and-price-of-private-export-credit-insurance-evidence-from-a-global-insurer/</link>                </item>
                <item>
                    <title>In love with the debit card but still married to cash</title>
                    <description></description>
                    <pubDate>Thu, 26 Feb 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/461-in-love-with-the-debit-card-but-still-married-to-cash/</link>                </item>
                <item>
                    <title>A dynamic network model of the unsecured interbank lending market</title>
                    <description></description>
                    <pubDate>Mon, 23 Feb 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/460-a-dynamic-network-model-of-the-unsecured-interbank-lending-market/</link>                </item>
                <item>
                    <title>Wealth formation of Dutch households: a policy assessment</title>
                    <description></description>
                    <pubDate>Thu, 12 Feb 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2015-wealth-formation-of-dutch-households-a-policy-assessment/</link>                </item>
                <item>
                    <title>The impact of the global financial crisis on banking globalization</title>
                    <description></description>
                    <pubDate>Thu, 12 Feb 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/459-the-impact-of-the-global-financial-crisis-on-banking-globalization/</link>                </item>
                <item>
                    <title>From progress to nightmare - European regional unemployment over time</title>
                    <description></description>
                    <pubDate>Thu, 29 Jan 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/458-from-progress-to-nightmare-european-regional-unemployment-over-time/</link>                </item>
                <item>
                    <title>Assessing bank competition for consumer loans</title>
                    <description></description>
                    <pubDate>Thu, 22 Jan 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/457-assessing-bank-competition-for-consumer-loans/</link>                </item>
                <item>
                    <title>Lenders on the storm of wholesale funding shocks: Saved by the central bank?</title>
                    <description></description>
                    <pubDate>Tue, 20 Jan 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/456-lenders-on-the-storm-of-wholesale-funding-shocks-saved-by-the-central-bank/</link>                </item>
                <item>
                    <title>Global liquidity regulation - Why did it take so long?</title>
                    <description></description>
                    <pubDate>Tue, 20 Jan 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/455-global-liquidity-regulation-why-did-it-take-so-long/</link>                </item>
                <item>
                    <title>Where are the retirement savings of self-employed? An analysis of ‘unconventional’ retirement accounts</title>
                    <description></description>
                    <pubDate>Tue, 13 Jan 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2015/454-where-are-the-retirement-savings-of-self-employed-an-analysis-of-unconventional-retirement-accounts/</link>                </item>
                <item>
                    <title>Niet gevonden wat u zocht?</title>
                    <description>De Nederlandsche Bank wil dat haar informatie toegankelijk is voor iedereen. Informatie van vandaag en informatie van vroeger. Kijk in ons archief voor artikelen en documenten die minder recent zijn gepubliceerd.</description>
                    <pubDate>Thu, 01 Jan 2015 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/archiefpagina/archiefpagina/</link>                </item>
                <item>
                    <title>Consumption behaviour and financial crisis in the Netherlands</title>
                    <description></description>
                    <pubDate>Thu, 18 Dec 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/453-consumption-behaviour-and-financial-crisis-in-the-netherlands/</link>                </item>
                <item>
                    <title>Optimal forecasts from Markov switching models</title>
                    <description></description>
                    <pubDate>Mon, 15 Dec 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/452-optimal-forecasts-from-markov-switching-models/</link>                </item>
                <item>
                    <title>Does the Stability and Growth Pact induce a bias in the EC’s fiscal forecasts</title>
                    <description></description>
                    <pubDate>Mon, 15 Dec 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/451-does-the-stability-and-growth-pact-induce-a-bias-in-the-ec-s-fiscal-forecasts/</link>                </item>
                <item>
                    <title>Identifying booms and busts in house prices under heterogeneous expectations</title>
                    <description></description>
                    <pubDate>Wed, 03 Dec 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/450-identifying-booms-and-busts-in-house-prices-under-heterogeneous-expectations/</link>                </item>
                <item>
                    <title>Mortgage risks, debt literacy and financial advice</title>
                    <description></description>
                    <pubDate>Tue, 25 Nov 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/449-mortgage-risks-debt-literacy-and-financial-advice/</link>                </item>
                <item>
                    <title>Demanding occupations and the retirement age in the Netherlands</title>
                    <description></description>
                    <pubDate>Tue, 18 Nov 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/448-demanding-occupations-and-the-retirement-age-in-the-netherlands/</link>                </item>
                <item>
                    <title>The effect of credit conditions on the Dutch housing market</title>
                    <description></description>
                    <pubDate>Fri, 14 Nov 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/447-the-effect-of-credit-conditions-on-the-dutch-housing-market/</link>                </item>
                <item>
                    <title>Reforming the architecture of EMU: Ensuring stability in Europe</title>
                    <description></description>
                    <pubDate>Thu, 06 Nov 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/446-reforming-the-architecture-of-emu-ensuring-stability-in-europe/</link>                </item>
                <item>
                    <title>Loan loss provisioning, bank credit and the real economy</title>
                    <description></description>
                    <pubDate>Wed, 22 Oct 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/445-loan-loss-provisioning-bank-credit-and-the-real-economy/</link>                </item>
                <item>
                    <title>Low real rates as driver of secular stagnation: empirical assessment</title>
                    <description></description>
                    <pubDate>Wed, 22 Oct 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/444-low-real-rates-as-driver-of-secular-stagnation-empirical-assessment/</link>                </item>
                <item>
                    <title>Current account imbalances in the Euro area: Competitiveness or financial cycle?</title>
                    <description></description>
                    <pubDate>Mon, 13 Oct 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/443-current-account-imbalances-in-the-euro-area-competitiveness-or-financial-cycle/</link>                </item>
                <item>
                    <title>Systemic risk and bank business models</title>
                    <description></description>
                    <pubDate>Mon, 13 Oct 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/442-systemic-risk-and-bank-business-models/</link>                </item>
                <item>
                    <title>Putting Macroprudential Policy to Work</title>
                    <description></description>
                    <pubDate>Wed, 01 Oct 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-7-2014-putting-macroprudential-policy-to-work/</link>                </item>
                <item>
                    <title>Financial globalization or great financial expansion? The impact of capital flows on credit and banking crises</title>
                    <description></description>
                    <pubDate>Wed, 01 Oct 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/441-financial-globalization-or-great-financial-expansion-the-impact-of-capital-flows-on-credit-and-banking-crises/</link>                </item>
                <item>
                    <title>What do we know about the effects of macroprudential policy?</title>
                    <description></description>
                    <pubDate>Thu, 25 Sep 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/440-what-do-we-know-about-the-effects-of-macroprudential-policy/</link>                </item>
                <item>
                    <title>Does the clarity of inflation reports affect volatility in financial markets?</title>
                    <description></description>
                    <pubDate>Thu, 25 Sep 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/439-does-the-clarity-of-inflation-reports-affect-volatility-in-financial-markets/</link>                </item>
                <item>
                    <title>Efficiency and competition in the Dutch non-life insurance industry: Effects of the 2006 health care reform</title>
                    <description></description>
                    <pubDate>Thu, 25 Sep 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/438-efficiency-and-competition-in-the-dutch-non-life-insurance-industry-effects-of-the-2006-health-care-reform/</link>                </item>
                <item>
                    <title>Determinants of the real impact of banking crises: A review and new evidence</title>
                    <description></description>
                    <pubDate>Mon, 11 Aug 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/437-determinants-of-the-real-impact-of-banking-crises-a-review-and-new-evidence/</link>                </item>
                <item>
                    <title>Openness and the (inverted) aggregate demand logic</title>
                    <description></description>
                    <pubDate>Mon, 11 Aug 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/436-openness-and-the-inverted-aggregate-demand-logic/</link>                </item>
                <item>
                    <title>Former foreign affiliates: Cast out and outperformed?</title>
                    <description></description>
                    <pubDate>Mon, 11 Aug 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/435-former-foreign-affiliates-cast-out-and-outperformed/</link>                </item>
                <item>
                    <title>Size and support ratings of US banks</title>
                    <description></description>
                    <pubDate>Mon, 11 Aug 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/434-size-and-support-ratings-of-us-banks/</link>                </item>
                <item>
                    <title>Preferential regulatory treatment and banks’ demand for government bonds</title>
                    <description></description>
                    <pubDate>Wed, 30 Jul 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/433-preferential-regulatory-treatment-and-banks-demand-for-government-bonds/</link>                </item>
                <item>
                    <title>Credit ratings and bond spreads of the GIIPS</title>
                    <description></description>
                    <pubDate>Wed, 30 Jul 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/432-credit-ratings-and-bond-spreads-of-the-giips/</link>                </item>
                <item>
                    <title>When arm’s length is too far. Relationship banking over the business cycle</title>
                    <description></description>
                    <pubDate>Wed, 16 Jul 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/431-when-arm-s-length-is-too-far-relationship-banking-over-the-business-cycle/</link>                </item>
                <item>
                    <title>Franchise value and risk-taking in modern banks</title>
                    <description></description>
                    <pubDate>Wed, 16 Jul 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/430-franchise-value-and-risk-taking-in-modern-banks/</link>                </item>
                <item>
                    <title>Getting to the bottom of the Dutch savings surplus</title>
                    <description></description>
                    <pubDate>Tue, 01 Jul 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-6-2014-getting-to-the-bottom-of-the-dutch-savings-surplus/</link>                </item>
                <item>
                    <title>Cash versus debit card: the role of budget control</title>
                    <description></description>
                    <pubDate>Tue, 01 Jul 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/429-cash-versus-debit-card-the-role-of-budget-control/</link>                </item>
                <item>
                    <title>Household saving behaviour and credit constraints in the Euro area</title>
                    <description></description>
                    <pubDate>Tue, 01 Jul 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/428-household-saving-behaviour-and-credit-constraints-in-the-euro-area/</link>                </item>
                <item>
                    <title>International spillovers from US forward guidance to equity markets</title>
                    <description></description>
                    <pubDate>Tue, 01 Jul 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/427-international-spillovers-from-us-forward-guidance-to-equity-markets/</link>                </item>
                <item>
                    <title>Social interactions and the retirement age</title>
                    <description></description>
                    <pubDate>Tue, 03 Jun 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/426-social-interactions-and-the-retirement-age/</link>                </item>
                <item>
                    <title>The impact of sovereign and credit risk on interest rate convergence in the euro area</title>
                    <description></description>
                    <pubDate>Tue, 03 Jun 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/425-the-impact-of-sovereign-and-credit-risk-on-interest-rate-convergence-in-the-euro-area/</link>                </item>
                <item>
                    <title>The measurement of international pension obligations – Have we harmonised enough?</title>
                    <description></description>
                    <pubDate>Mon, 26 May 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/424-the-measurement-of-international-pension-obligations-have-we-harmonised-enough/</link>                </item>
                <item>
                    <title>How does unconventional monetary policy affect inequality? Evidence from Japan</title>
                    <description></description>
                    <pubDate>Thu, 08 May 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/423-how-does-unconventional-monetary-policy-affect-inequality-evidence-from-japan/</link>                </item>
                <item>
                    <title>Chinese banks - risks and challenges</title>
                    <description></description>
                    <pubDate>Thu, 01 May 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-4-2014-chinese-banks-risks-and-challenges/</link>                </item>
                <item>
                    <title>Consumer cash usage: A cross-country comparison with payment diary survey data</title>
                    <description></description>
                    <pubDate>Wed, 23 Apr 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/422-consumer-cash-usage-a-cross-country-comparison-with-payment-diary-survey-data/</link>                </item>
                <item>
                    <title>The rose-colored glasses of homeowners</title>
                    <description></description>
                    <pubDate>Wed, 23 Apr 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/421-the-rose-colored-glasses-of-homeowners/</link>                </item>
                <item>
                    <title>The role of financial intermediaries in monetary policy transmission</title>
                    <description></description>
                    <pubDate>Wed, 23 Apr 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/420-the-role-of-financial-intermediaries-in-monetary-policy-transmission/</link>                </item>
                <item>
                    <title>Banking stress test effects on returns and risks</title>
                    <description></description>
                    <pubDate>Thu, 10 Apr 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/419-banking-stress-test-effects-on-returns-and-risks/</link>                </item>
                <item>
                    <title>Dynamic visualization of large transaction networks: the daily Dutch overnight money market</title>
                    <description></description>
                    <pubDate>Thu, 27 Mar 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/418-dynamic-visualization-of-large-transaction-networks-the-daily-dutch-overnight-money-market/</link>                </item>
                <item>
                    <title>On trend-cycle-seasonal interactions</title>
                    <description></description>
                    <pubDate>Wed, 12 Mar 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/417-on-trend-cycle-seasonal-interactions/</link>                </item>
                <item>
                    <title>Effects of ECB balance sheet policy announcements on inflation expectations</title>
                    <description></description>
                    <pubDate>Wed, 12 Mar 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/416-effects-of-ecb-balance-sheet-policy-announcements-on-inflation-expectations/</link>                </item>
                <item>
                    <title>Studies Beyond Finance - Financial Supervision in the 21st Century</title>
                    <description></description>
                    <pubDate>Sat, 01 Mar 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2014-studies-beyond-finance-financial-supervision-in-the-21st-century/</link>                </item>
                <item>
                    <title>Nowcasting and forecasting economic growth in the euro area using principal components</title>
                    <description></description>
                    <pubDate>Wed, 19 Feb 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/415-nowcasting-and-forecasting-economic-growth-in-the-euro-area-using-principal-components/</link>                </item>
                <item>
                    <title>Wage Development Considered</title>
                    <description></description>
                    <pubDate>Sat, 01 Feb 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2014-wage-development-considered/</link>                </item>
                <item>
                    <title>Utility-equivalence of pension security mechanisms</title>
                    <description></description>
                    <pubDate>Mon, 27 Jan 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/414-utility-equivalence-of-pension-security-mechanisms/</link>                </item>
                <item>
                    <title>The effect of the zero lower bound, forward guidance and unconventional monetary policy on interest rate sensitivity to economic news in Sweden</title>
                    <description></description>
                    <pubDate>Mon, 27 Jan 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/413-the-effect-of-the-zero-lower-bound-forward-guidance-and-unconventional-monetary-policy-on-interest-rate-sensitivity-to-economic-news-in-sweden/</link>                </item>
                <item>
                    <title>It hurts (stock prices) when your team is about to lose a soccer match</title>
                    <description></description>
                    <pubDate>Mon, 27 Jan 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/412-it-hurts-stock-prices-when-your-team-is-about-to-lose-a-soccer-match/</link>                </item>
                <item>
                    <title>Adaptive learning and survey data</title>
                    <description></description>
                    <pubDate>Mon, 27 Jan 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/411-adaptive-learning-and-survey-data/</link>                </item>
                <item>
                    <title>I just cannot get you out of my head: Regulatory capture of financial sector supervisors</title>
                    <description></description>
                    <pubDate>Mon, 27 Jan 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/410-i-just-cannot-get-you-out-of-my-head-regulatory-capture-of-financial-sector-supervisors/</link>                </item>
                <item>
                    <title>Cash management and payment choices: A simulation model with international comparisons</title>
                    <description></description>
                    <pubDate>Mon, 13 Jan 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/409-cash-management-and-payment-choices-a-simulation-model-with-international-comparisons/</link>                </item>
                <item>
                    <title>Cyclical changes in firm volatility</title>
                    <description></description>
                    <pubDate>Wed, 08 Jan 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/408-cyclical-changes-in-firm-volatility/</link>                </item>
                <item>
                    <title>Business cycle synchronization and vertical trade integration: A case study of the Eurozone and East Asia</title>
                    <description></description>
                    <pubDate>Wed, 08 Jan 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/407-business-cycle-synchronization-and-vertical-trade-integration-a-case-study-of-the-eurozone-and-east-asia/</link>                </item>
                <item>
                    <title>Identifying and dating systemic banking crises using incidence and size of bank failures</title>
                    <description></description>
                    <pubDate>Wed, 08 Jan 2014 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2014/406-identifying-and-dating-systemic-banking-crises-using-incidence-and-size-of-bank-failures/</link>                </item>
                <item>
                    <title>Tourist test or tourist trap? Unintended consequences of debit card interchange fee regulation</title>
                    <description></description>
                    <pubDate>Thu, 19 Dec 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/405-tourist-test-or-tourist-trap-unintended-consequences-of-debit-card-interchange-fee-regulation/</link>                </item>
                <item>
                    <title>Bank earnings management through loan loss provisions: a double-edged sword?</title>
                    <description></description>
                    <pubDate>Thu, 19 Dec 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/404-bank-earnings-management-through-loan-loss-provisions-a-double-edged-sword/</link>                </item>
                <item>
                    <title>On agricultural commodities' extreme price risk</title>
                    <description></description>
                    <pubDate>Mon, 02 Dec 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/403-on-agricultural-commodities-extreme-price-risk/</link>                </item>
                <item>
                    <title>Challenges for financial sector supervision</title>
                    <description></description>
                    <pubDate>Sun, 01 Dec 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-6-2013-challenges-for-financial-sector-supervision/</link>                </item>
                <item>
                    <title>When does the general public lose trust in banks?</title>
                    <description></description>
                    <pubDate>Wed, 20 Nov 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/402-when-does-the-general-public-lose-trust-in-banks/</link>                </item>
                <item>
                    <title>Competition in bank-provided payment services</title>
                    <description></description>
                    <pubDate>Tue, 19 Nov 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/401-competition-in-bank-provided-payment-services/</link>                </item>
                <item>
                    <title>400 - Systematic tail risk</title>
                    <description></description>
                    <pubDate>Thu, 07 Nov 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/400-systematic-tail-risk/</link>                </item>
                <item>
                    <title>Are European sovereign bonds fairly priced? The role of modeling uncertainty</title>
                    <description></description>
                    <pubDate>Wed, 06 Nov 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/399-are-european-sovereign-bonds-fairly-priced-the-role-of-modeling-uncertainty/</link>                </item>
                <item>
                    <title>Reactions of real yields and inflation expectations to forward guidance in the United States</title>
                    <description></description>
                    <pubDate>Wed, 06 Nov 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/398-reactions-of-real-yields-and-inflation-expectations-to-forward-guidance-in-the-united-states/</link>                </item>
                <item>
                    <title>Identifying banking crises using money market pressure: new evidence for a large set of countries</title>
                    <description></description>
                    <pubDate>Tue, 29 Oct 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/397-identifying-banking-crises-using-money-market-pressure-new-evidence-for-a-large-set-of-countries/</link>                </item>
                <item>
                    <title>The level effect of bank lending standards on business lending</title>
                    <description></description>
                    <pubDate>Tue, 15 Oct 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/396-the-level-effect-of-bank-lending-standards-on-business-lending/</link>                </item>
                <item>
                    <title>Financial imbalances and macroprudential policy in a currency union</title>
                    <description></description>
                    <pubDate>Tue, 01 Oct 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-5-2013-financial-imbalances-and-macroprudential-policy-in-a-currency-union/</link>                </item>
                <item>
                    <title>Effect of the zero lower bound on bond yield sensitivity to news in Canada in comparison with the UK and US</title>
                    <description></description>
                    <pubDate>Mon, 30 Sep 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/395-effect-of-the-zero-lower-bound-on-bond-yield-sensitivity-to-news-in-canada-in-comparison-with-the-uk-and-us/</link>                </item>
                <item>
                    <title>What drives consumer confidence in times of financial crises? Evidence for the Netherlands</title>
                    <description></description>
                    <pubDate>Tue, 17 Sep 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/394-what-drives-consumer-confidence-in-times-of-financial-crises-evidence-for-the-netherlands/</link>                </item>
                <item>
                    <title>Banks’ Liquidity Buffers and the Role of Liquidity Regulation</title>
                    <description></description>
                    <pubDate>Tue, 17 Sep 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/393-banks-liquidity-buffers-and-the-role-of-liquidity-regulation/</link>                </item>
                <item>
                    <title>Finance as a Magnet for the Best and Brightest: Implications for the Real Economy</title>
                    <description></description>
                    <pubDate>Thu, 05 Sep 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/392-finance-as-a-magnet-for-the-best-and-brightest-implications-for-the-real-economy/</link>                </item>
                <item>
                    <title>The Absorption of Talent into Finance: Evidence from U.S. Banking Deregulation</title>
                    <description></description>
                    <pubDate>Thu, 05 Sep 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/391-the-absorption-of-talent-into-finance-evidence-from-u-s-banking-deregulation/</link>                </item>
                <item>
                    <title>Effects of explicit FOMC policy rate guidance on equities and risk measures</title>
                    <description></description>
                    <pubDate>Thu, 05 Sep 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/390-effects-of-explicit-fomc-policy-rate-guidance-on-equities-and-risk-measures/</link>                </item>
                <item>
                    <title>Trust and Financial Crisis Experiences</title>
                    <description></description>
                    <pubDate>Mon, 02 Sep 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/389-trust-and-financial-crisis-experiences/</link>                </item>
                <item>
                    <title>Measuring the effects of financial sector supervision</title>
                    <description></description>
                    <pubDate>Tue, 27 Aug 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/388-measuring-the-effects-of-financial-sector-supervision/</link>                </item>
                <item>
                    <title>How bank business models drive interest margins: Evidence from U.S. bank-level data</title>
                    <description></description>
                    <pubDate>Thu, 15 Aug 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/387-how-bank-business-models-drive-interest-margins-evidence-from-u-s-bank-level-data/</link>                </item>
                <item>
                    <title>Corporate governance of banks: A survey</title>
                    <description></description>
                    <pubDate>Tue, 23 Jul 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/386-corporate-governance-of-banks-a-survey/</link>                </item>
                <item>
                    <title>Shocks Abroad, Pain at Home? Bank-Firm Level Evidence on the International Transmission of Financial Shocks</title>
                    <description></description>
                    <pubDate>Tue, 23 Jul 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/385-shocks-abroad-pain-at-home-bank-firm-level-evidence-on-the-international-transmission-of-financial-shocks/</link>                </item>
                <item>
                    <title>Effects of explicit FOMC policy rate guidance on market interest rates</title>
                    <description></description>
                    <pubDate>Tue, 23 Jul 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/384-effects-of-explicit-fomc-policy-rate-guidance-on-market-interest-rates/</link>                </item>
                <item>
                    <title>Imperfect Competition and Optimal Taxation</title>
                    <description></description>
                    <pubDate>Tue, 09 Jul 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/383-imperfect-competition-and-optimal-taxation/</link>                </item>
                <item>
                    <title>The impact of sovereign debt exposure on bank lending: Evidence from the European debt crisis</title>
                    <description></description>
                    <pubDate>Tue, 02 Jul 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/382-the-impact-of-sovereign-debt-exposure-on-bank-lending-evidence-from-the-european-debt-crisis/</link>                </item>
                <item>
                    <title>The irrationality of payment behaviour</title>
                    <description></description>
                    <pubDate>Mon, 01 Jul 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-4-2013-the-irrationality-of-payment-behaviour/</link>                </item>
                <item>
                    <title>Unconventional monetary policy of the ECB during the financial crisis: An assessment and new evidence</title>
                    <description></description>
                    <pubDate>Tue, 28 May 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/381-unconventional-monetary-policy-of-the-ecb-during-the-financial-crisis-an-assessment-and-new-evidence/</link>                </item>
                <item>
                    <title>Reform of the mortgage interest tax relief system, policy uncertainty and precautionary savings in the Netherlands</title>
                    <description></description>
                    <pubDate>Thu, 23 May 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/380-reform-of-the-mortgage-interest-tax-relief-system-policy-uncertainty-and-precautionary-savings-in-the-netherlands/</link>                </item>
                <item>
                    <title>Towards a Stable Monetary Union: What Role for Eurobonds?</title>
                    <description></description>
                    <pubDate>Wed, 22 May 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/379-towards-a-stable-monetary-union-what-role-for-eurobonds/</link>                </item>
                <item>
                    <title>Systemic Risk Allocation for Systems with A Small Number of Banks</title>
                    <description></description>
                    <pubDate>Wed, 22 May 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/378-systemic-risk-allocation-for-systems-with-a-small-number-of-banks/</link>                </item>
                <item>
                    <title>Global liquidity as an early warning indicator of asset price booms: G5 versus broader measures</title>
                    <description></description>
                    <pubDate>Wed, 22 May 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/377-global-liquidity-as-an-early-warning-indicator-of-asset-price-booms-g5-versus-broader-measures/</link>                </item>
                <item>
                    <title>A descriptive analysis of the balance sheet and monetary policy of De Nederlandsche Bank: 1900-1998 and beyond</title>
                    <description></description>
                    <pubDate>Wed, 01 May 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2013-a-descriptive-analysis-of-the-balance-sheet-and-monetary-policy-of-de-nederlandsche-bank-1900-1998-and-beyond/</link>                </item>
                <item>
                    <title>Is there an optimal pension fund size? A scale-economy analysis of administrative and investment costs</title>
                    <description></description>
                    <pubDate>Thu, 18 Apr 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/376-is-there-an-optimal-pension-fund-size-a-scale-economy-analysis-of-administrative-and-investment-costs/</link>                </item>
                <item>
                    <title>Migrants' Choice of Remittance Channel: Do General Payment Habits Play a Role?</title>
                    <description></description>
                    <pubDate>Tue, 02 Apr 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/375-migrants-choice-of-remittance-channel-do-general-payment-habits-play-a-role/</link>                </item>
                <item>
                    <title>Social costs of POS payments in the Netherlands 2002–2012: Efficiency gains from increased debit card usage</title>
                    <description></description>
                    <pubDate>Mon, 01 Apr 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2013-social-costs-of-pos-payments-in-the-netherlands-2002-2012-efficiency-gains-from-increased-debit-card-usage/</link>                </item>
                <item>
                    <title>Determinants of the rate of the Dutch unsecured overnight money market</title>
                    <description></description>
                    <pubDate>Thu, 21 Mar 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/374-determinants-of-the-rate-of-the-dutch-unsecured-overnight-money-market/</link>                </item>
                <item>
                    <title>Early warning for currency crises: what is the role of financial openness?</title>
                    <description></description>
                    <pubDate>Tue, 12 Mar 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/373-early-warning-for-currency-crises-what-is-the-role-of-financial-openness/</link>                </item>
                <item>
                    <title>A macroprudential approach to address liquidity risk with the Loan-to-Deposit ratio</title>
                    <description></description>
                    <pubDate>Mon, 04 Mar 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/372-a-macroprudential-approach-to-address-liquidity-risk-with-the-loan-to-deposit-ratio/</link>                </item>
                <item>
                    <title>Funding problems in the mortgage market</title>
                    <description></description>
                    <pubDate>Fri, 01 Mar 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2013-funding-problems-in-the-mortgage-market/</link>                </item>
                <item>
                    <title>Heterogeneity in house price dynamics</title>
                    <description></description>
                    <pubDate>Wed, 27 Feb 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/371-heterogeneity-in-house-price-dynamics/</link>                </item>
                <item>
                    <title>Impact of Foreign Banks</title>
                    <description></description>
                    <pubDate>Tue, 05 Feb 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/370-impact-of-foreign-banks/</link>                </item>
                <item>
                    <title>How to measure the unsecured money market? The Eurosystem’s implementation and validation using TARGET2 data</title>
                    <description></description>
                    <pubDate>Thu, 24 Jan 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/369-how-to-measure-the-unsecured-money-market-the-eurosystem-s-implementation-and-validation-using-target2-data/</link>                </item>
                <item>
                    <title>What drives pension indexation in turbulent times? An empirical examination of Dutch pension funds</title>
                    <description></description>
                    <pubDate>Thu, 17 Jan 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/368-what-drives-pension-indexation-in-turbulent-times-an-empirical-examination-of-dutch-pension-funds/</link>                </item>
                <item>
                    <title>Firm Entry, Endogenous Markups and the Dynamics of the Labor Share of Income</title>
                    <description></description>
                    <pubDate>Tue, 15 Jan 2013 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2013/367-firm-entry-endogenous-markups-and-the-dynamics-of-the-labor-share-of-income/</link>                </item>
                <item>
                    <title>Are Retirement Decisions Vulnerable to Framing Effects? Empirical Evidence from NL and the US</title>
                    <description></description>
                    <pubDate>Sun, 30 Dec 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/366-are-retirement-decisions-vulnerable-to-framing-effects-empirical-evidence-from-nl-and-the-us/</link>                </item>
                <item>
                    <title>Forecasting and nowcasting real GDP: Comparing statistical models and subjective forecasts</title>
                    <description></description>
                    <pubDate>Mon, 24 Dec 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/365-forecasting-and-nowcasting-real-gdp-comparing-statistical-models-and-subjective-forecasts/</link>                </item>
                <item>
                    <title>The Impact of the LCR on the Interbank Money Market</title>
                    <description></description>
                    <pubDate>Thu, 20 Dec 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/364-the-impact-of-the-lcr-on-the-interbank-money-market/</link>                </item>
                <item>
                    <title>Contagious Bank Runs: Experimental Evidence</title>
                    <description></description>
                    <pubDate>Thu, 20 Dec 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/363-contagious-bank-runs-experimental-evidence/</link>                </item>
                <item>
                    <title>Retail Payment Systems: Competition, Innovation, and Implications</title>
                    <description></description>
                    <pubDate>Thu, 20 Dec 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/362-retail-payment-systems-competition-innovation-and-implications/</link>                </item>
                <item>
                    <title>Liquidity Regulation, Funding Costs and Corporate Lending</title>
                    <description></description>
                    <pubDate>Thu, 20 Dec 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/361-liquidity-regulation-funding-costs-and-corporate-lending/</link>                </item>
                <item>
                    <title>Is Information Overrated? Evidence from the Pension Domain</title>
                    <description></description>
                    <pubDate>Mon, 10 Dec 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/360-is-information-overrated-evidence-from-the-pension-domain/</link>                </item>
                <item>
                    <title>A Frontier Measure of U.S. Banking Competition</title>
                    <description></description>
                    <pubDate>Mon, 10 Dec 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/359-a-frontier-measure-of-u-s-banking-competition/</link>                </item>
                <item>
                    <title>Financial constraints, risk taking and firm performance: Recent evidence from microfinance clients in Tanzania</title>
                    <description></description>
                    <pubDate>Mon, 19 Nov 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/358-financial-constraints-risk-taking-and-firm-performance-recent-evidence-from-microfinance-clients-in-tanzania/</link>                </item>
                <item>
                    <title>Performance of the life insurance industry under pressure: efficiency, competition and consolidation</title>
                    <description></description>
                    <pubDate>Mon, 19 Nov 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/357-performance-of-the-life-insurance-industry-under-pressure-efficiency-competition-and-consolidation/</link>                </item>
                <item>
                    <title>Innovations, rents and risk</title>
                    <description></description>
                    <pubDate>Tue, 06 Nov 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/356-innovations-rents-and-risk/</link>                </item>
                <item>
                    <title>Trends in Financial Innovation and Their Welfare Impact: An Overview</title>
                    <description></description>
                    <pubDate>Tue, 06 Nov 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/355-trends-in-financial-innovation-and-their-welfare-impact-an-overview/</link>                </item>
                <item>
                    <title>Shadow Banking: An Exploratory Study for the Netherlands</title>
                    <description></description>
                    <pubDate>Thu, 01 Nov 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-5-2012-shadow-banking-an-exploratory-study-for-the-netherlands/</link>                </item>
                <item>
                    <title>Trade Dynamics in the Euro Area: The role of export destination and composition</title>
                    <description></description>
                    <pubDate>Wed, 31 Oct 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/354-trade-dynamics-in-the-euro-area-the-role-of-export-destination-and-composition/</link>                </item>
                <item>
                    <title>Green havens and pollution havens</title>
                    <description></description>
                    <pubDate>Mon, 29 Oct 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/353-green-havens-and-pollution-havens/</link>                </item>
                <item>
                    <title>The interaction between the central bank and government in tail risk scenarios</title>
                    <description></description>
                    <pubDate>Thu, 18 Oct 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/352-the-interaction-between-the-central-bank-and-government-in-tail-risk-scenarios/</link>                </item>
                <item>
                    <title>When Did Firms Become More Different? Time-Varying Firm-Specific Volatility in Japan</title>
                    <description></description>
                    <pubDate>Thu, 11 Oct 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/351-when-did-firms-become-more-different-time-varying-firm-specific-volatility-in-japan/</link>                </item>
                <item>
                    <title>Commission Bans and the Source and Quality of Financial Advice</title>
                    <description></description>
                    <pubDate>Thu, 13 Sep 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/350-commission-bans-and-the-source-and-quality-of-financial-advice/</link>                </item>
                <item>
                    <title>The CentERpanel and the DNB Household Survey: Methodological Aspects</title>
                    <description></description>
                    <pubDate>Sat, 01 Sep 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-4-2012-the-centerpanel-and-the-dnb-household-survey-methodological-aspects/</link>                </item>
                <item>
                    <title>The optimal size of the European Stability Mechanism: A cost-benefit analysis</title>
                    <description></description>
                    <pubDate>Tue, 21 Aug 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/349-the-optimal-size-of-the-european-stability-mechanism-a-cost-benefit-analysis/</link>                </item>
                <item>
                    <title>Designing Banknote Identity</title>
                    <description></description>
                    <pubDate>Wed, 01 Aug 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2012-designing-banknote-identity/</link>                </item>
                <item>
                    <title>Finding the core: Network structure in interbank markets</title>
                    <description></description>
                    <pubDate>Wed, 25 Jul 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/348-finding-the-core-network-structure-in-interbank-markets/</link>                </item>
                <item>
                    <title>Identifying systemically important financial institutions: size and other determinants</title>
                    <description></description>
                    <pubDate>Thu, 12 Jul 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/347-identifying-systemically-important-financial-institutions-size-and-other-determinants/</link>                </item>
                <item>
                    <title>Bank liquidity, the maturity ladder, and regulation</title>
                    <description></description>
                    <pubDate>Thu, 12 Jul 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/346-bank-liquidity-the-maturity-ladder-and-regulation/</link>                </item>
                <item>
                    <title>Taking Trends Seriously in DSGE Models: An Application to the Dutch Economy</title>
                    <description></description>
                    <pubDate>Wed, 11 Jul 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/345-taking-trends-seriously-in-dsge-models-an-application-to-the-dutch-economy/</link>                </item>
                <item>
                    <title>The 2007-2009 Financial Crisis: Changing Market Dynamics and the Impact of Credit Supply and Aggregate Demand Sensitivity</title>
                    <description></description>
                    <pubDate>Thu, 03 May 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/344-the-2007-2009-financial-crisis-changing-market-dynamics-and-the-impact-of-credit-supply-and-aggregate-demand-sensitivity/</link>                </item>
                <item>
                    <title>Mean Reversion in Stock Prices: Implications for Long-Term Investors</title>
                    <description></description>
                    <pubDate>Wed, 25 Apr 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/343-mean-reversion-in-stock-prices-implications-for-long-term-investors/</link>                </item>
                <item>
                    <title>Modelling the liquidity ratio as macroprudential instrument</title>
                    <description></description>
                    <pubDate>Wed, 25 Apr 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/342-modelling-the-liquidity-ratio-as-macroprudential-instrument/</link>                </item>
                <item>
                    <title>Cash usage in the Netherlands: How much, where, when, who and whenever one wants?</title>
                    <description></description>
                    <pubDate>Sun, 01 Apr 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2012-cash-usage-in-the-netherlands-how-much-where-when-who-and-whenever-one-wants/</link>                </item>
                <item>
                    <title>Securitization and the dark side of diversification</title>
                    <description></description>
                    <pubDate>Wed, 28 Mar 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/341-securitization-and-the-dark-side-of-diversification/</link>                </item>
                <item>
                    <title>Net Foreign Asset (Com)position: Does Financial Development Matter?</title>
                    <description></description>
                    <pubDate>Wed, 07 Mar 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/340-net-foreign-asset-com-position-does-financial-development-matter/</link>                </item>
                <item>
                    <title>Do newspaper articles on card fraud affect debit card usage?</title>
                    <description></description>
                    <pubDate>Wed, 07 Mar 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/339-do-newspaper-articles-on-card-fraud-affect-debit-card-usage/</link>                </item>
                <item>
                    <title>Risk preferences over small stakes: Evidence from deductible choice</title>
                    <description></description>
                    <pubDate>Thu, 01 Mar 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/338-risk-preferences-over-small-stakes-evidence-from-deductible-choice/</link>                </item>
                <item>
                    <title>The pitch rather than the pit: investor inattention during FIFA World Cup matches</title>
                    <description></description>
                    <pubDate>Thu, 16 Feb 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/337-the-pitch-rather-than-the-pit-investor-inattention-during-fifa-world-cup-matches/</link>                </item>
                <item>
                    <title>Follow the money: what does the literature on banking tell prudential supervisors on bank business models?</title>
                    <description></description>
                    <pubDate>Thu, 09 Feb 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/336-follow-the-money-what-does-the-literature-on-banking-tell-prudential-supervisors-on-bank-business-models/</link>                </item>
                <item>
                    <title>Contagion during the Greek Sovereign Debt Crisis</title>
                    <description></description>
                    <pubDate>Thu, 09 Feb 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2012/335-contagion-during-the-greek-sovereign-debt-crisis/</link>                </item>
                <item>
                    <title>Is Collateral Becoming Scarce? Evidence for the euro area</title>
                    <description></description>
                    <pubDate>Wed, 01 Feb 2012 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2012-is-collateral-becoming-scarce-evidence-for-the-euro-area/</link>                </item>
                <item>
                    <title>Corporate culture and behaviour: A survey</title>
                    <description></description>
                    <pubDate>Thu, 29 Dec 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/334-corporate-culture-and-behaviour-a-survey/</link>                </item>
                <item>
                    <title>Clarity of Central Bank Communication About Inflation</title>
                    <description></description>
                    <pubDate>Thu, 29 Dec 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/333-clarity-of-central-bank-communication-about-inflation/</link>                </item>
                <item>
                    <title>Consumer credit and payment cards</title>
                    <description></description>
                    <pubDate>Thu, 29 Dec 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/332-consumer-credit-and-payment-cards/</link>                </item>
                <item>
                    <title>Pricing in Retail Payment Systems: A Public Policy Perspective on Pricing of Payment Cards</title>
                    <description></description>
                    <pubDate>Thu, 29 Dec 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/331-pricing-in-retail-payment-systems-a-public-policy-perspective-on-pricing-of-payment-cards/</link>                </item>
                <item>
                    <title>Foreign Banks: Trends, Impact and Financial Stability</title>
                    <description></description>
                    <pubDate>Wed, 28 Dec 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/330-foreign-banks-trends-impact-and-financial-stability/</link>                </item>
                <item>
                    <title>Complex Methods in Economics: An Example of Behavioral Heterogeneity in House Prices</title>
                    <description></description>
                    <pubDate>Thu, 22 Dec 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/329-complex-methods-in-economics-an-example-of-behavioral-heterogeneity-in-house-prices/</link>                </item>
                <item>
                    <title>Choosing how to pay: the influence of home country habits</title>
                    <description></description>
                    <pubDate>Wed, 21 Dec 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/328-choosing-how-to-pay-the-influence-of-home-country-habits/</link>                </item>
                <item>
                    <title>Optimal Forecasts in the Presence of Structural Breaks</title>
                    <description></description>
                    <pubDate>Wed, 21 Dec 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/327-optimal-forecasts-in-the-presence-of-structural-breaks/</link>                </item>
                <item>
                    <title>Valuation of Liabilities in Hybrid Pension Plans</title>
                    <description></description>
                    <pubDate>Thu, 15 Dec 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/326-valuation-of-liabilities-in-hybrid-pension-plans/</link>                </item>
                <item>
                    <title>Banking across Borders</title>
                    <description></description>
                    <pubDate>Thu, 15 Dec 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/325-banking-across-borders/</link>                </item>
                <item>
                    <title>International Diversification During the Financial Crisis: A Blessing for Equity Investors?</title>
                    <description></description>
                    <pubDate>Tue, 13 Dec 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/324-international-diversification-during-the-financial-crisis-a-blessing-for-equity-investors/</link>                </item>
                <item>
                    <title>Is there a 'race to the bottom' in central counterparties competition</title>
                    <description></description>
                    <pubDate>Thu, 01 Dec 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-6-2011-is-there-a-race-to-the-bottom-in-central-counterparties-competition/</link>                </item>
                <item>
                    <title>Banking risk and regulation: Does one size fit all?</title>
                    <description></description>
                    <pubDate>Wed, 23 Nov 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/323-banking-risk-and-regulation-does-one-size-fit-all/</link>                </item>
                <item>
                    <title>Multinational Banks and the Global Financial Crisis. Weathering the Perfect Storm?</title>
                    <description></description>
                    <pubDate>Wed, 23 Nov 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/322-multinational-banks-and-the-global-financial-crisis-weathering-the-perfect-storm/</link>                </item>
                <item>
                    <title>Right on Target: Exploring the Determinants of Inflation Targeting Adoption</title>
                    <description></description>
                    <pubDate>Wed, 09 Nov 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/321-right-on-target-exploring-the-determinants-of-inflation-targeting-adoption/</link>                </item>
                <item>
                    <title>Forecasting GDP growth in times of crisis: private sector forecasts versus statistical models</title>
                    <description></description>
                    <pubDate>Mon, 07 Nov 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/320-forecasting-gdp-growth-in-times-of-crisis-private-sector-forecasts-versus-statistical-models/</link>                </item>
                <item>
                    <title>Housing bubbles, the leverage cycle and the role of central banking</title>
                    <description></description>
                    <pubDate>Tue, 01 Nov 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-5-2011-housing-bubbles-the-leverage-cycle-and-the-role-of-central-banking/</link>                </item>
                <item>
                    <title>International Business Cycle Comovement: Trade and Foreign Direct Investment</title>
                    <description></description>
                    <pubDate>Wed, 28 Sep 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/319-international-business-cycle-comovement-trade-and-foreign-direct-investment/</link>                </item>
                <item>
                    <title>Gravity Models of Trade-based Money Laundering</title>
                    <description></description>
                    <pubDate>Wed, 21 Sep 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/318-gravity-models-of-trade-based-money-laundering/</link>                </item>
                <item>
                    <title>Remittances and Financial Openness</title>
                    <description></description>
                    <pubDate>Thu, 15 Sep 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/317-remittances-and-financial-openness/</link>                </item>
                <item>
                    <title>Is this bank ill? The diagnosis of doctor TARGET2</title>
                    <description></description>
                    <pubDate>Thu, 08 Sep 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/316-is-this-bank-ill-the-diagnosis-of-doctor-target2/</link>                </item>
                <item>
                    <title>What is a fit banknote? The Dutch public responds</title>
                    <description></description>
                    <pubDate>Thu, 01 Sep 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-4-2011-what-is-a-fit-banknote-the-dutch-public-responds/</link>                </item>
                <item>
                    <title>Household savings behaviour in crisis times</title>
                    <description></description>
                    <pubDate>Tue, 30 Aug 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/315-household-savings-behaviour-in-crisis-times/</link>                </item>
                <item>
                    <title>Sovereign and Bank Credit Risk during the Global Financial Crisis</title>
                    <description></description>
                    <pubDate>Thu, 25 Aug 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/314-sovereign-and-bank-credit-risk-during-the-global-financial-crisis/</link>                </item>
                <item>
                    <title>Financial Literacy, Retirement Planning, and Household Wealth</title>
                    <description></description>
                    <pubDate>Thu, 25 Aug 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/313-financial-literacy-retirement-planning-and-household-wealth/</link>                </item>
                <item>
                    <title>Strategic Loan Defaults and Coordination: An Experimental Analysis</title>
                    <description></description>
                    <pubDate>Thu, 25 Aug 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/312-strategic-loan-defaults-and-coordination-an-experimental-analysis/</link>                </item>
                <item>
                    <title>Real Pension Rights as a Control Mechanism for Pension Fund Solvency</title>
                    <description></description>
                    <pubDate>Tue, 23 Aug 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/311-real-pension-rights-as-a-control-mechanism-for-pension-fund-solvency/</link>                </item>
                <item>
                    <title>The Economic Perspective of Bank Bankruptcy Law</title>
                    <description></description>
                    <pubDate>Tue, 23 Aug 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/310-the-economic-perspective-of-bank-bankruptcy-law/</link>                </item>
                <item>
                    <title>Interdependence of Fiscal Debts in EMU</title>
                    <description></description>
                    <pubDate>Tue, 23 Aug 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/309-interdependence-of-fiscal-debts-in-emu/</link>                </item>
                <item>
                    <title>Exchange Rate Pass-Through and Monetary Integration in the Euro Area</title>
                    <description></description>
                    <pubDate>Thu, 11 Aug 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/308-exchange-rate-pass-through-and-monetary-integration-in-the-euro-area/</link>                </item>
                <item>
                    <title>Capital Regulation and Tail Risk</title>
                    <description></description>
                    <pubDate>Thu, 11 Aug 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/307-capital-regulation-and-tail-risk/</link>                </item>
                <item>
                    <title>Coordinating Bank Failure Costs and Financial Stability</title>
                    <description></description>
                    <pubDate>Wed, 03 Aug 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/306-coordinating-bank-failure-costs-and-financial-stability/</link>                </item>
                <item>
                    <title>Bank Risk within and across Equilibria</title>
                    <description></description>
                    <pubDate>Wed, 03 Aug 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/305-bank-risk-within-and-across-equilibria/</link>                </item>
                <item>
                    <title>Have market views on the sustainability of fiscal burdens influenced monetary authorities' credibility?</title>
                    <description></description>
                    <pubDate>Wed, 03 Aug 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/304-have-market-views-on-the-sustainability-of-fiscal-burdens-influenced-monetary-authorities-credibility/</link>                </item>
                <item>
                    <title>"Leaning Against the Wind" and the Timing of Monetary Pollicy</title>
                    <description></description>
                    <pubDate>Thu, 21 Jul 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/303-leaning-against-the-wind-and-the-timing-of-monetary-pollicy/</link>                </item>
                <item>
                    <title>Can the Longevity Risk Alleviate the Annuitization Puzzle? Empirical Evidence from Dutch Data</title>
                    <description></description>
                    <pubDate>Thu, 21 Jul 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/302-can-the-longevity-risk-alleviate-the-annuitization-puzzle-empirical-evidence-from-dutch-data/</link>                </item>
                <item>
                    <title>Procyclical Bank Risk-Taking and the Lender of Last Resort</title>
                    <description></description>
                    <pubDate>Thu, 07 Jul 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/301-procyclical-bank-risk-taking-and-the-lender-of-last-resort/</link>                </item>
                <item>
                    <title>The post-crisis world of collateral and international liquidity</title>
                    <description></description>
                    <pubDate>Fri, 01 Jul 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2011-the-post-crisis-world-of-collateral-and-international-liquidity/</link>                </item>
                <item>
                    <title>Card acceptance and surcharging: the role of costs and competition</title>
                    <description></description>
                    <pubDate>Wed, 22 Jun 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/300-card-acceptance-and-surcharging-the-role-of-costs-and-competition/</link>                </item>
                <item>
                    <title>Home Bank Intermediation of Foreign Direct Investment</title>
                    <description></description>
                    <pubDate>Wed, 22 Jun 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/299-home-bank-intermediation-of-foreign-direct-investment/</link>                </item>
                <item>
                    <title>Individual Expectations and Aggregate Macro Behavior</title>
                    <description></description>
                    <pubDate>Wed, 22 Jun 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/298-individual-expectations-and-aggregate-macro-behavior/</link>                </item>
                <item>
                    <title>How do inflation expectations form? New insights from a high-frequency survey</title>
                    <description></description>
                    <pubDate>Tue, 14 Jun 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/283-how-do-inflation-expectations-form-new-insights-from-a-high-frequency-survey/</link>                </item>
                <item>
                    <title>Transparency of banking supervisors</title>
                    <description></description>
                    <pubDate>Tue, 07 Jun 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/297-transparency-of-banking-supervisors/</link>                </item>
                <item>
                    <title>The simple econometrics of tail dependence</title>
                    <description></description>
                    <pubDate>Mon, 09 May 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/296-the-simple-econometrics-of-tail-dependence/</link>                </item>
                <item>
                    <title>Employment Protection, Technology Choice, and Worker Allocation</title>
                    <description></description>
                    <pubDate>Mon, 09 May 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/295-employment-protection-technology-choice-and-worker-allocation/</link>                </item>
                <item>
                    <title>Investment risk taking by institutional investors</title>
                    <description></description>
                    <pubDate>Thu, 28 Apr 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/294-investment-risk-taking-by-institutional-investors/</link>                </item>
                <item>
                    <title>Banks’ responses to funding liquidity shocks: lending adjustment, liquidity hoarding and fire sales</title>
                    <description></description>
                    <pubDate>Mon, 18 Apr 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/293-banks-responses-to-funding-liquidity-shocks-lending-adjustment-liquidity-hoarding-and-fire-sales/</link>                </item>
                <item>
                    <title>Forecasting Financial Stress</title>
                    <description></description>
                    <pubDate>Sun, 17 Apr 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/292-forecasting-financial-stress/</link>                </item>
                <item>
                    <title>A Pigovian Approach to Liquidity Regulation</title>
                    <description></description>
                    <pubDate>Sun, 17 Apr 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/291-a-pigovian-approach-to-liquidity-regulation/</link>                </item>
                <item>
                    <title>Public versus Private Information</title>
                    <description></description>
                    <pubDate>Thu, 14 Apr 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/290-public-versus-private-information/</link>                </item>
                <item>
                    <title>Financial Literacy, Retirement Preparation and Pension Expectations in the Netherlands</title>
                    <description></description>
                    <pubDate>Wed, 30 Mar 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/289-financial-literacy-retirement-preparation-and-pension-expectations-in-the-netherlands/</link>                </item>
                <item>
                    <title>Macro and micro drivers of house price dynamics: An application to Dutch data</title>
                    <description></description>
                    <pubDate>Wed, 30 Mar 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/288-macro-and-micro-drivers-of-house-price-dynamics-an-application-to-dutch-data/</link>                </item>
                <item>
                    <title>Transmission of the Financial and Sovereign Debt Crises to the EMU: Stock Prices, CDS Spreads and Exchange Rates</title>
                    <description></description>
                    <pubDate>Tue, 29 Mar 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/287-transmission-of-the-financial-and-sovereign-debt-crises-to-the-emu-stock-prices-cds-spreads-and-exchange-rates/</link>                </item>
                <item>
                    <title>Economy wide risk diversification in a three-pillar pension system</title>
                    <description></description>
                    <pubDate>Mon, 14 Mar 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/286-economy-wide-risk-diversification-in-a-three-pillar-pension-system/</link>                </item>
                <item>
                    <title>Price dispersion in Europe: Does the business cycle matter?</title>
                    <description></description>
                    <pubDate>Mon, 14 Mar 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/285-price-dispersion-in-europe-does-the-business-cycle-matter/</link>                </item>
                <item>
                    <title>Statistical evidence on the mean reversion of interest rates</title>
                    <description></description>
                    <pubDate>Mon, 14 Mar 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/284-statistical-evidence-on-the-mean-reversion-of-interest-rates/</link>                </item>
                <item>
                    <title>Bank Size, Market Concentration, and Bank Earnings Volatility in the US</title>
                    <description></description>
                    <pubDate>Thu, 03 Mar 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/282-bank-size-market-concentration-and-bank-earnings-volatility-in-the-us/</link>                </item>
                <item>
                    <title>Systematic risk under extremely adverse market conditions</title>
                    <description></description>
                    <pubDate>Thu, 03 Mar 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/281-systematic-risk-under-extremely-adverse-market-conditions/</link>                </item>
                <item>
                    <title>Crisis Management Tools in the EU: What do we really need?</title>
                    <description></description>
                    <pubDate>Tue, 01 Mar 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2011-crisis-management-tools-in-the-eu-what-do-we-really-need/</link>                </item>
                <item>
                    <title>Labor Market Flexibility and the Impact of the Financial Crisis</title>
                    <description></description>
                    <pubDate>Tue, 22 Feb 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/280-labor-market-flexibility-and-the-impact-of-the-financial-crisis/</link>                </item>
                <item>
                    <title>Running for the Exit: International Banks and Crisis Transmission</title>
                    <description></description>
                    <pubDate>Thu, 03 Feb 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/279-running-for-the-exit-international-banks-and-crisis-transmission/</link>                </item>
                <item>
                    <title> DELFI: DNB’s Macroeconomic Policy Model of the Netherlands</title>
                    <description></description>
                    <pubDate>Tue, 01 Feb 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2011-delfi-dnb-s-macroeconomic-policy-model-of-the-netherlands/</link>                </item>
                <item>
                    <title>Monitoring the unsecured interbank money market using TARGET2 data</title>
                    <description></description>
                    <pubDate>Mon, 24 Jan 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/276-monitoring-the-unsecured-interbank-money-market-using-target2-data/</link>                </item>
                <item>
                    <title>Credit Rating Agencies</title>
                    <description></description>
                    <pubDate>Mon, 24 Jan 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/278-credit-rating-agencies/</link>                </item>
                <item>
                    <title>Communicating Bailout Policy and Risk Taking in the Banking Industry</title>
                    <description></description>
                    <pubDate>Mon, 24 Jan 2011 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/working-paper-2011/277-communicating-bailout-policy-and-risk-taking-in-the-banking-industry/</link>                </item>
                <item>
                    <title>Banknote design for retailers and public</title>
                    <description></description>
                    <pubDate>Wed, 01 Dec 2010 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-4-2010-banknote-design-for-retailers-and-public/</link>                </item>
                <item>
                    <title>Macro-effects of higher capital and liquidity requirements for banks</title>
                    <description></description>
                    <pubDate>Fri, 01 Oct 2010 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-3-2010-macro-effects-of-higher-capital-and-liquidity-requirements-for-banks/</link>                </item>
                <item>
                    <title>Reinsurers as financial intermediaries in the market for catastrophic risk</title>
                    <description></description>
                    <pubDate>Wed, 01 Sep 2010 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-2-2010-reinsurers-as-financial-intermediaries-in-the-market-for-catastrophic-risk/</link>                </item>
                <item>
                    <title>The performance of EU foreign trade: a sectoral analysis</title>
                    <description></description>
                    <pubDate>Mon, 01 Feb 2010 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2010-the-performance-of-eu-foreign-trade-a-sectoral-analysis/</link>                </item>
                <item>
                    <title> Distortionary effects of anti-crisis measures and how to limit them</title>
                    <description></description>
                    <pubDate>Tue, 01 Dec 2009 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-03-2009-distortionary-effects-of-anti-crisis-measures-and-how-to-limit-them/</link>                </item>
                <item>
                    <title>Banknote design for the visually impaired</title>
                    <description></description>
                    <pubDate>Sun, 01 Nov 2009 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-02-2009-banknote-design-for-the-visually-impaired/</link>                </item>
                <item>
                    <title>How does cross-border collateral affect a country’s central bank and prudential supervisor?</title>
                    <description></description>
                    <pubDate>Wed, 01 Jul 2009 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2009-how-does-cross-border-collateral-affect-a-country-s-central-bank-and-prudential-supervisor/</link>                </item>
                <item>
                    <title>The Supervision of Banks in Europe: The Case for a Tailor-made Set-up</title>
                    <description></description>
                    <pubDate>Fri, 01 Aug 2008 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-04-2008-the-supervision-of-banks-in-europe-the-case-for-a-tailor-made-set-up/</link>                </item>
                <item>
                    <title>Dutch Gas Revenues and Budgetary Policy: Theory versus Practice</title>
                    <description></description>
                    <pubDate>Fri, 01 Aug 2008 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-05-2008-dutch-gas-revenues-and-budgetary-policy-theory-versus-practice/</link>                </item>
                <item>
                    <title>Confidence and trust: empirical investigations for the Netherlands and the financial sector</title>
                    <description></description>
                    <pubDate>Thu, 08 May 2008 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-02-2008-confidence-and-trust-empirical-investigations-for-the-netherlands-and-the-financial-sector/</link>                </item>
                <item>
                    <title>Islamic Finance and Supervision: an exploratory analysis</title>
                    <description></description>
                    <pubDate>Thu, 01 May 2008 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-03-2008-islamic-finance-and-supervision-an-exploratory-analysis/</link>                </item>
                <item>
                    <title>Towards a European payments market: survey results on cross-border payment behaviour of Dutch consumers</title>
                    <description></description>
                    <pubDate>Thu, 01 May 2008 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-01-2008-towards-a-european-payments-market-survey-results-on-cross-border-payment-behaviour-of-dutch-consumers/</link>                </item>
                <item>
                    <title>Public feed back for better banknote design 2</title>
                    <description></description>
                    <pubDate>Sat, 01 Sep 2007 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-02-2007-public-feed-back-for-better-banknote-design-2/</link>                </item>
                <item>
                    <title>Microfinanciering, deposito’s en toezicht: de wereld is groot, denk klein</title>
                    <description></description>
                    <pubDate>Sun, 01 Apr 2007 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-01-2007-microfinanciering-deposito-s-en-toezicht-de-wereld-is-groot-denk-klein/</link>                </item>
                <item>
                    <title> The sustainability of the Dutch pension system</title>
                    <description></description>
                    <pubDate>Wed, 01 Nov 2006 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-06-2006-the-sustainability-of-the-dutch-pension-system/</link>                </item>
                <item>
                    <title>China in 2006: An economist’s view</title>
                    <description></description>
                    <pubDate>Sat, 01 Jul 2006 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-05-2006-china-in-2006-an-economist-s-view/</link>                </item>
                <item>
                    <title>Monetary policy strategies and credibility - theory and practice</title>
                    <description></description>
                    <pubDate>Mon, 01 May 2006 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-04-2006-monetary-policy-strategies-and-credibility-theory-and-practice/</link>                </item>
                <item>
                    <title>An international scorecard for measuring bank performance: The case of Dutch banks</title>
                    <description></description>
                    <pubDate>Sat, 01 Apr 2006 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-02-2006-an-international-scorecard-for-measuring-bank-performance-the-case-of-dutch-banks/</link>                </item>
                <item>
                    <title>How fair are fair values? A comparison for cross-listed financial companies</title>
                    <description></description>
                    <pubDate>Sat, 01 Apr 2006 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-03-2006-how-fair-are-fair-values-a-comparison-for-cross-listed-financial-companies/</link>                </item>
                <item>
                    <title>EUROMON: the multi-country model of De Nederlandsche Bank</title>
                    <description></description>
                    <pubDate>Wed, 01 Feb 2006 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-01-2006-euromon-the-multi-country-model-of-de-nederlandsche-bank/</link>                </item>
                <item>
                    <title>Payments are no free lunch</title>
                    <description></description>
                    <pubDate>Sat, 01 Oct 2005 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-02-2005-payments-are-no-free-lunch/</link>                </item>
                <item>
                    <title>Labour market participation of ageing workers. Micro-financial incentives and policy considerations</title>
                    <description></description>
                    <pubDate>Wed, 01 Jun 2005 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-01-2005-labour-market-participation-of-ageing-workers-micro-financial-incentives-and-policy-considerations/</link>                </item>
                <item>
                    <title> Towards a framework for financial stability</title>
                    <description></description>
                    <pubDate>Tue, 01 Jun 2004 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-01-2004-towards-a-framework-for-financial-stability/</link>                </item>
                <item>
                    <title>Depositor and investor protection in the Netherlands: past, present and future</title>
                    <description></description>
                    <pubDate>Tue, 01 Jun 2004 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-02-2004-depositor-and-investor-protection-in-the-netherlands-past-present-and-future/</link>                </item>
                <item>
                    <title>A Survey of Institutional Frameworks for Financial Stability</title>
                    <description></description>
                    <pubDate>Sat, 01 Nov 2003 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-04-2003-a-survey-of-institutional-frameworks-for-financial-stability/</link>                </item>
                <item>
                    <title>Intermediation,integration and internationalisation: a survey on banking in Europe</title>
                    <description></description>
                    <pubDate>Mon, 01 Sep 2003 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-03-2003-intermediation-integration-and-internationalisation-a-survey-on-banking-in-europe/</link>                </item>
                <item>
                    <title>Requirements for successful currency regimes: The Dutch and Thai experiences</title>
                    <description></description>
                    <pubDate>Wed, 01 Jan 2003 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-1-2003-requirements-for-successful-currency-regimes-the-dutch-and-thai-experiences/</link>                </item>
                <item>
                    <title>Requirements for successful currency regimes: The Dutch and Thai experiences</title>
                    <description></description>
                    <pubDate>Wed, 01 Jan 2003 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-01-2003-requirements-for-successful-currency-regimes-the-dutch-and-thai-experiences/</link>                </item>
                <item>
                    <title>The Blurring of Distinctions between Financial Sectors: Fact or Fiction?</title>
                    <description></description>
                    <pubDate>Wed, 01 Jan 2003 12:00:00 GMT</pubDate>
<link>https://www.dnb.nl/publicaties/publicaties-onderzoek/occasional-study/nr-02-2003-the-blurring-of-distinctions-between-financial-sectors-fact-or-fiction/</link>                </item>
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