|
1 - 5 van 5 voor inflationary pressure
00/research memorandum Can we a [PFP#1092373775]
... the return on capital by rendering capital more abundant relative to labor. in particular, the inflationary pressures induced by the scarcity of labor may erode the real value of nominal ... to innovate start-up firms. public policy intergenerational solidarity through collective payg schemes comes under pressure. the old are becoming a heterogeneous group featuring both high and low incomes. hence, ...
cpb.nl
Onderzoeksmemorandum (set-up) [PFP#1090465988]
... , a long short-term equilibrium rate under above the actual unemployment rate represents disinflationary inflationary pressures on wage growth (minus core inflation, plus labour productivity growth) in the long ... tp (see also appendix c). good theoretical and empirical reasons for believing that downward pressure on wages is a concave function of the unemployment rate. our empirical experiments with ...
cpb.nl
Microsoft Word - cpbdoc126.doc
... detailed results but instead focus on the general consequences of these shocks. 32 increases in inflationary pressures could build up for several reasons. the chinese economy is already growing at near ... this shift in the balance between saving and investment in the world economy puts downward pressure on inflation and real interest rates everywhere. the ultimate impacts on output in the euro ...
cpb.nl
L:\publicaties\...\cpbdoc15.wp [PFP#1210200691]
... of the banking market. for instance, it leads to consolidation, conglomeration and increasing pressure for international merger activity. some developments in banking have serious implications for competition ... retaliation is less likely, an increase of market rates to prevent overheating and inflationary tendencies raises banks' costs of funding. hence, the gain from being aggressive is reduced ...
cpb.nl
Working Paper (set-up) Engelsta [PFP#802640440]
... effective retirement age may also affect private savings. this could lead to an extra downward pressure on interest rates. turner et al. (1998) show that an oecd policy package including postponed ... it assume that all transfers grow in proportion to wages? should one take account of inflationary biases in fiscal rules? it is obvious that these questions have quite different answers depending ...
cpb.nl
| 