In the early 1990s the asset price bubble in Japan collapsed, it was the start of what later came known as the “Lost Decade” or even “Lost Score”. The Financial Services Agency (FSA), the Japanese supervisory and regulatory institution, waited more than a decade before obliging Japanese banks to take the losses on non-performing loans.
Monday morning 8AM: *BEEP BEEP BEEP*
It is Monday morning again. I am getting ready for the start of the week: the board meeting with my fellow board members. The meeting takes between two and three hours. But today was different, we had to keep it short. Jamy (Secretary & External Affairs Officer), Renee (Chairman) and I had to catch the train to Amstelveen.
If things are going according to plan for the Trump administration, which seems to be a rarity since the president’s inauguration in January, American citizens are to receive tax cut around Christmas. The alleged massive tax cut is primarily intended to benefit Americans with middle and low income, according to Trump. When we take a look at the concept of the different versions of this ‘Tax Cuts and Jobs Act’ however, one may ask the question who actually benefits.
Recently, talking about a basic income has become, so to speak, fashionable. The Dutch Bureau for Economic Analysis has calculated the effects of such a basic income, but argued that it would be a bad idea. Without the equations, but with qualitative arguments, I shall try here to explain why a basic income does not bring the benefits we hope to see from it and why the results of the experiments that so far took place are not reliable.
Ellen is an alumna of Asset | Economics. She’s been working at KPMG for almost a year now. Jerôme Crijns and Job Brouwers went to the headquarter in Amstelveen to get a grasp of the KPMG life.
The last couple of years, a number of institutions spoke out on the low wage level in the Netherlands. The Dutch Central bank already indicated a number of times that companies have room to increase wages. This claim is confirmed by the Central Planning Bureau. Even the IMF points out that labor wages are relatively low in the Netherlands.
September 1st, I started the BoFEB. This article will give you a short introduction into what the BoFEB (Beroepsopleiding Financiaal-Economisch Beleidsmedewerker, or entails and, more importantly, how to get in.
“Sleep is my greatest enemy.” – Reed Hastings, CEO Netflix