|
1 - 10 van 15 voor inverse yield curve
Two-Tier Labor Markets in the Great Recession: France vs. Spain
... in spain than in france. indeed, the spanish beveridge curve, plotted in figure 2, confirms that this differential effect may ... creation and job destruction the previous expressions for the surpluses yield the productivity thresholds used by firms for the destruction of ... temporary workers in this country. parameter , which captures the (inverse of) the duration of temporary contracts, is set equal ...
cpb.nl
analyzing female labor supply 0 pdf
... marginal tax rates (including national insurance premiums). the tax allowances thus yield a higher tax reduction for high-income individuals with a higher ... approach is that now also the inverse mills ratio is included in the wage equation. if the inverse mills ratio would be linear in ... and they only hold at that part of the labor supply curve that is affected by the tax reform. one direction for ...
cpb.nl
Research Memorandum (set-up) [PFP#902192174]
... all, the slope of the labour demand curve the bargaining power of unions decreases if labour demand becomes more elastic. let represent the inverse of the constant wage elasticity of employment, with ... marginal tax rate to collect all labour income, e 0, but is not sufficient to yield optimal education either, . optimal policy further requiresg % positive subsidies for formal education, s 0. since ...
cpb.nl
Onderzoeksmemorandum (set-up) [PFP#301156075]
... for nonlinear identities (like the dollar per dm rate is the inverse of the dm per dollar rate). but whether efficient market ... et al. (1993) have shown, plausible models of foreign exchange markets yield chaotic behaviour for the exchange rate, which supports the idea ... critique , in k. brunner and a.h. meltzer (eds.), the phillips curve and labor markets , north holland, 19-46. mccloskey, d.n. (1994 ...
cpb.nl
Microsoft Word - discussion146.doc
... station proximity benefits residential development of railway station areas can yield additional revenues in comparison with residential development elsewhere. at ... to the postcode unit level, using as weights the inverse of the number of observations in each postcode unit. ... amenity thus influencing the slope of the rent gradient curve and possibly the geographical range of the benefits. second, ...
cpb.nl
impact bank competition interest rate pass through euro area pdf
... the monopolist maximises profits when the lerner index is equal to the inverse price elasticity of market demand. under perfect competition, the lerner index ... qi (or portfolio of banking products), which faces a demand curve of the form p (qi, qji) a b qi d ji ... mr' money market rate (mr). 5y mr' government bond yield. 10y mr' government bond yield, all for the respective country. we select market ...
cpb.nl
Microsoft Word - wd120.doc
... monopolist faces a downward-sloping demand curve, a higher circulation can only be sold to the readership at a lower cover price, implying the standard inverse price-quantity relation. readers are ... telegraaf group. thus reed-elsevier narrowed down its scope to consumer magazines that may yield synergies with its many publications for the professional and scientific market. reed-elsevier is ...
cpb.nl
Microsoft Word - memo140.doc
... it yields outcomes in which there is an inverse 8 relationship between market concentration and the extent to which market outcomes yield marginal cost pricing. cournot oligopoly models can ... maximizing fashion. the last equation represents the individual firm's perceived demand curve ( dd-curve ). the industry demand curve ( dd-curve ) is derived when we assume symmetry for firms. hence, prices ...
cpb.nl
memo224.pdf
... curve. the wage curve describes the responsiveness of individual real wages to changing local market conditions; essentially it is a short run business cycle phenomenon (nijkamp and poot (2005), card (1995)). an inverse ... from short term. wage equations estimated in levels only (without any dynamics) yield substantially higher (i.c. less negative) elasticities. marginal income retention rate sample ...
cpb.nl
memo242.pdf
... innovation are reached by schmutzler (2010), who argues that an inverse u-shaped relation between competition and innovation is not necessarily ... whether firms are myopic or not. as a result, these models yield very little predictive power, and there is an important role ... . this equation also provides the downward shape of the average cost curve and is the source of economies of scale. as production ...
cpb.nl
| 