Bias model 

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appendix derivations dsge model pdf
... 39 references introduction this appendix derives the equations for our open economy monopolistic competition model. the model consists of a number of different blocks households, actuarial insurance firms, foreign investment ... substitutability between domestic and foreign goods, measures the degree of home bias with 1 indicating no home bias and n gives the size of the domestic economy relative to ...
cpb.nl

tax policy and labor market sensitivity analysis age model pdf
... elasticities, much lower substitution elasticities between capital and labor, and a new wage bargaining model. moreover, the model has been extended in several ways in order to better describe the distortions ... bottom of the labor market, do actually yield larger falls in the unemployment rate. the bias in the reduction of wages towards the unskilled that characterizes these measures has stronger ...
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20110527161500__GBI Annual Report 2010.pdf
... trading activity was largely restricted to intraday and carried a market neutral non-directional bias. furthermore, thanks to the division's in-house training programs on main product categories; ... accurate services, in a cost efficient manner. a highly dedicated team, simplified processes, transparent business model and efficient use of technology are the key components of gbi's high service ...
garantibank.nl

Microsoft Word - final version1..doc
... . beside that we will test whether the price predicted by the model underestimated the real price or not and to what extend index ... so by using two datasets which might have the same bias, the bias is reduced. even though the average production is still higher than the ... a specification, it is good to explain the assumptions underlying the model. when we want to investigate effects over time we can use ...
triodos.nl

Microsoft Word - 01 voorpagina - def.doc
... years. they want to manage the economy's transformation to a more consumer-led growth model. upside to the forecast downside to the forecast - earlier return of confidence - even larger budget ... quarter. we do not see any reason to change our neutral stance with a negative bias. historical price nickel source thomson reuters datastream supply, demand stocks source metal bulletin commodity research ...
abnamro.nl

DNB Onderzoeksrapporten - De Nederlandsche Bank
... gebaseerd op het middelloonsysteem. nominale verplichtingen zijn gegarandeerd en indexatie wordt nagestreefd. het model geeft een analysekader voor aanpassingen in bijvoorbeeld de beleggingsmix, de pensioenleeftijd, rendementen of ... error turns out to be small but it involves trading a de ation bias against the cost of gathering the information needed for the full rational expectations solution ...
dnb.nl

Template AEGON 2008
... zoals trendvolgende managers ( managed futures ) en ook managers die speculeren op koersdalingen ( short bias managers ) waren relatieve outpeformers in deze periode. het eerste kwartaal van ... van aegon paraplufonds iv is ingericht overeenkomstig de modellen van het besluit model jaarrekening zoals deze krachtens artikel besluit gedragstoezicht financiele ondernemingen overeenkomstige van toepassing ...
aegon.nl