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1 - 10 van 17 voor household block
appendix derivations dsge model pdf
... block 32 8 technology and definitions 34 8.1 technology and definitions complete model 35 9.1 household block 35 9.2 actuarial firms block 36 9.3 foreign investment firms block 36 9.4 government block 37 9.5 aggregators block 37 9.6 production firms block ...
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memo161.pdf
... the first section discusses the calibration of the household block. section 2.2 motivates the choices in the calibration of the production block. section 2.3 presents the figures for government ... %, as given by lane and milesi-ferretti (2006). discussion data on household consumption is obtained from na, t1 household final consumption expenditure . this matches in the model with aggregate ...
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memo227.pdf
... particular form of the utility function we have chosen ensures that individual household decisions can be aggregated because the individual household choices are linear in wealth. spite of households taking their finite ... and a greater reliance on labour in the production function. 40 appendix a model equations household block optimal consumption ct (1-st)ht (a.1) total wealth ht hwt +fwt (a.2 ...
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Athena
... in life-cycle theory, but some consumers are liquidity constrained. in the last block, the public sector (government, social security and pensions), some aspects are endogenised ... drinks chemicals metals excluding motorcars other manufacturing construction transport communication banking and insurance household services other market services dutch citizens abroad total consumption of the rest ...
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Microsoft Word - cpbdoc96
... behaviour of firms). the exemption is laid down in directive no 1534 91 and block exemption no block exemption allows insurance firms inter alia to cooperate on the establishment of common risk ... interest rate available. they also looked at the fit between the type of mortgage the household should have taken (on the basis of stated preference) and the actual mortgage type chosen ...
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dp175 systemic risk across sectors pdf
... , and we want to test if the difference is significant. the following moving block bootstrap method is employed to test the null hypothesis eaf (n0) x eaf ... et al. (2007) we follow hall et al. (1995) by setting the block length equal to l number of blocks, n, for each bootstrap is ... corp suntrust banks inc 32.3 general re corp 19.9 19 household international inc 32.2 wellpoint health netwrks 19.6 20 p n ...
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Microsoft Word - discussion33.doc
... family incomes of sofes recipients with household data. the vertical line at 6,491 pesos is average family income obtained from the mexican household 8 all kernel density functions presented ... than students without the loan. the block on family information presents statistics on family income and educational attainment of the student's parents. average monthly household income in the treated group ...
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N:\...\discussion17.wp [PFP#331423159]
... mini-mimic, which is described in a nutshell in the box below. the main building block of mini-mimic is wage formation, which is based on a right-to-manage framework ... positive profits in equilibrium. from the firm model, we derive an expression for labour demand. household behaviour households trade off the utility derived from consumption and leisure, subject to a budget ...
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N:\publicaties\...\cpbdoc30.wp [PFP#531103649]
... of variable inputs (labour, materials) between sectors. the demand for labour enters the labour market block, and the demand for investment enters the cumulated production structure (cps, section 2.8). the ... taxed. this may be because these activities simply are not subject to taxation, such as household production, or because taxes are evaded (black market activities). in either case we think of ...
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Microsoft Word - memo100
... second income within the family reduce the economic consequences of unemployment risk for a household. implicit insurance becomes more relevant to the extent that two-earner families in society ... higher risk of becoming unemployed. this hurts the interest of insiders. therefore, they can block reforms that aim at promoting flexibility. by protecting individuals against the adverse financial ...
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