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1 - 10 van 66 voor forward looking
Microsoft Word - rapport visitatiecie 2010.doc
... ) seems to be that it could complement the saffier model in some aspects (e.g. forward looking behaviour) but that it will not replace the saffier model. the committee was surprised to ...
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analyzing labour supply elderly people life cycle approach pdf
... nature, only describing household behaviour. moreover, people are fully rational and forward looking and only differ in their ability to work beyond the age ... . in order to assess the effects of some proposals put forward in the policy debate, we include a premium related to ... in the us data for consumption, income and wealth. however, looking at the italian data, the profiles seem to be much flatter ...
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Microsoft Word - discussion57
... analysis, we have assumed that workers choose a region of residence for their life time. forward looking behaviour implies a relationship between house prices and (appropriately discounted) future regional unemployment rates or ...
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doc217.pdf
... en sommige elementen zijn volledig exogeen gehouden. het gaat daarbij onder meer om forward looking-gedrag, vertrouwenseffecten, kapitaalmarktreacties, gedrag van de overheid en om aanbodeffecten van investeringen in ... de bpm-heffing op personenauto's omhoog gaat, wordt rekening gehouden met anticiperend (forward looking) gedrag van gezinnen door de particuliere consumptie in jaar t-1 autonoom te ...
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Microsoft Word - cpbdoc218.doc
... expenditure, e.g. social security, health care, education, housing and taxation. long run forward looking studies and many background studies. independent expert institute and as such an outsider ... the consequences of alternative policy measures to reduce this gap for different generations. this forward looking approach of generational 23 accounting is the new paradigm for dutch public finance9 . ...
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dutch fiscal framework history current practice and role cpb pdf
... expenditure ceilings and a focus on reducing government debt, has since 2000 embedded in a forward looking view on public finance. incentives and cost-benefit analysis become major official tools for ... furthermore, they are not optimal from an economic-theoretic point of view (e.g. not forward looking and ignores financial assets and implicit liabilities like future pensions) and may not well ...
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Discussion paper
... thus incapable of enclosing the full life span of generations. the deficit is not forward looking and it does not capture age specific effects of policies. generational accounting was ... year and productivity there are two other methodological differences with conventional ga. in conventional forward looking ga, the individual average net benefits of current generations are calculated by discounting ...
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dp174-flexible-retirement.pdf
... finance this earlier exit. if capital markets would function properly and individuals were rational and forward-looking, then these individuals would be able to undo their forced savings in the mandatory pen ...
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dp175 systemic risk across sectors pdf
... failure, we will refer to them as such. to the extent that stock prices are forward-looking, the indicator may act as an early warning system for systemic crises. the underlying assumption ... (3.2) where rm,t denotes the daily return of the market index. by the forward-looking nature of stock prices, the market sensitivity i,t captures the direct exposure to macro ...
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Microsoft Word - cpbdoc_tang.doc
... savings rates. 3.2.1 the life-circle hypothesis the life-cycle hypothesis as put forward by modigliani and brumberg (1954) is nowadays a common starting point for studies into ... deficit financed by issuing government bonds implies an increase of future taxes debt (ceteris paribus). forward-looking households anticipate this future tax increase, and adjust their consumption plans downward to smooth ...
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