Raymond Gradus

Archives for reform

In many countries occupational plans are being reformed from Defined-Benefit (DB) to Defined-Contribution (DC) designs. In a Netspar discussion paper Lans Bovenberg and I explore the case of the Netherlands, which features a particularly high ratio of occupational pension assets to GDP. Most occupational schemes are DB-funded and the value of assets in these schemes… » read more

Posted by Raymond Gradus

In the Netherlands, a committee led by NIBC-CFO van Dijkhuizen (CvD) advises to take an integrated approach to reform the tax system. It proposes a more flatter rate of income tax and, thereby, a better functioning labour market. Moreover, it reduces mortgage interest deduction and thereby decreasing the vulnerability of the economy to rising interest… » read more

Posted by Raymond Gradus