Equilibrium model 

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gamma simulation model ageing pensions and public finances pdf
... illustrates a model that meets all these conditions. it is an applied general equilibrium model that is based on generational accounting principles named gamma (generational accounting model with ... illustrates a model that meets these conditions. it is an applied general equilibrium model that is based on generational accounting principles named gamma (generational accounting model with maximizing ...
cpb.nl

macroeconomic resilience dsge model pdf
... supply shocks. the altig et al. model is a micro-founded dynamic stochastic general equilibrium model calibrated to the us economy. that is, the model of the macroeconomy is built up ... general equilibrium model. that is, the model of the macroeconomy is built up from maximising agents, whereby households maximise utility and firms maximise profits. therefore, the characteristics of the model ...
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Microsoft Word - 2010-Q3 - 19 - UK.doc
... government, the liberal democrats will seize this opportunity to adjust the election system towards a model of more proportional representation. still, it will be difficult to actually achieve this political ... the key feature of the plans involves correcting the cyclically- adjusted budget balance and restoring equilibrium within one term. the budget deficit should decline from gbp 150 bn in the ...
abnamro.nl

A Billion to Gain tcm7 104604 pdf
... upper poor'. the expansion of products and services often consciously or unconsciously changes the business model of mfis and many question if the sector is becoming too business oriented. microfinance ... pric- ing in the microfinance industry can ensure that pricing and profits find an acceptable equilibrium. 1.2.4 principles for investors in inclusive finance in 2005 the united nations secretary ...
ing.nl

Microsoft Word - final version1..doc
... that we will test whether the price predicted by the model underestimated the real price or not and to what extend ... it is out of equilibrium. however, crown (1997) also describes how speculators can move the price out of equilibrium in the short ... participant. these index speculators have driven the price above its equilibrium, although the market should actually be derived from market fundamentals ...
triodos.nl

Microsoft Word - MBreport2010-08-04Final _final_.doc
... of impracticality or inapplicability. due to the bank's very short-term business risk model coupled with profitability-based variable remuneration methodology capped with ceilings and coefficients, integration ... both existing and potential clients. the bank aims to maintain its risk versus return equilibrium, high asset quality and market share taking into consideration global market conditions and ...
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DNB Onderzoeksrapporten - De Nederlandsche Bank
... op het middelloonsysteem. nominale verplichtingen zijn gegarandeerd en indexatie wordt nagestreefd. het model geeft een analysekader voor aanpassingen in bijvoorbeeld de beleggingsmix, de pensioenleeftijd, ... new keynesian model with credit market imperfections that shows how overly positive productivity expectations initially drive the interest rate risk premium below its equilibrium value, boosting ...
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