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1 - 10 van 151 voor exogenous variables
analyzing labour supply elderly people life cycle approach pdf
... exogenous variables 35 4.4.1 utility parameters 35 4.4.2 time constraint parameters 37 4.4.3 tax- and pension system parameters 37 4.4.4 exogenous variables ... role of the demand side is limited to some exogenous restrictions, ignoring equilibrium dynamics between supply and demand. ... the strategy, the chosen values of the parameters and exogenous variables, and the method of aggregation. the model is ...
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Athena
... frequently using error correction mechanisms estimated with cointegration techniques. equilibrium is reached by variables representing tension on the labour market (the unemployment rate) and goods markets (utilization ... the public sector is analogous to the modelling in the saffier model. some exogenous variables in saffier are made endogenous in athena to guarantee stable developments of public ...
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Microsoft Word - discussion135.doc
... of sa recipients. the lump sum payments are determined by a number of variables that are considered to be exogenous to the municipally policies, such as the population fraction of low incomes ... time, thus lacking a strong connection to the actual number of sa benefit recipients or exogenous variables driving the sa population size we discuss this issue in more detail when addressing the ...
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Microsoft Word - DP_voorblad_scale_def.doc
... this model simultaneously identifies a parametric productivity frontier and it explains inefficiency using exogenous variables related to inefficiency. 12 the availability of panel data enables us to ... inefficiencies are depend deterministically on exogenous variables collected in z and on random ('white noise'), represented by . vector z may include variables linked to competition issues. the ...
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does employment affect productivity pdf
... we test for multicollinearity among the exogenous demographic and institutional vari- ables. we select variables which are su ciently uncorrelated (with correlation 0 7). moreover, we excluded variables with insu cient time ... and levin et al. (2002). p-values are in parenthesis. 26 b de...nition of exogenous variables used in the system of equations ag 15 49 population age group from years. source ...
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Research Memorandum (set-up) [PFP#792279750]
... equations, because lagged mis-measured variables are part of the explanatory variables. this leads to biased estimates because of dependency of the error term and the explanatory variables. so we fix the long ... been calculated with the tsp analyze command and are conditional on the values for the exogenous variables in each period. the two standard error interval does not correspond to a standard 95 ...
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G:\data\pdf\lijesen\disc16.wpd [PFP#1221338023]
... electricity and gas follow from european supply models and are treated as exogenous here.16 table 5.1 lists the exogenous variables used in terms of average annual changes. as we have seen ... of entry by new retailers. regions with high customer densities are probably table 5.1 exogenous variables, careful optimistic average annual change in% gross domestic product 2 2 consumer price index 1 ...
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analyzing macro economic impact child care subsidies age approach pdf
... the resulting demand for goods. households and the public sector demand goods. import prices are exogenous. by assumption, supply of foreign products is always sufficient to meet domestic demand. on the ... tax and subsidy rates are updated with nominal wage growth. the projected values of other exogenous variables, like foreign demand and foreign prices and population, are based on a recent long-term ...
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boek compleet
... uncertainties in the values of the model's behavioural parameters and the future values of exogenous variables. as shown by the sensitivity analysis, the results should be interpreted as point estimates in ...
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fiscal prefunding response demographic uncertainty pdf
... demographic risk is affected. this effect will be further explained later paper. values of exogenous variables are taken such as to reflect the current state of the dutch economy. values ... we formalize the effects that uncertainty in demographic developments can have on economic and fiscal variables by simulating projections based on population forecasts of the netherlands produced by pep (program ...
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