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Athena
... the model can be described as follows. the production structure has been the focus of the recent research efforts resulting in the current version of the model. the theoretical foundation of the model ... rate. finally chapter 4 sketches the effects of a number of simulations. model broadly speaking the athena model can be divided into four large components, namely the production structure, the labour ...
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gamma simulation model ageing pensions and public finances pdf
... model. a money measure of utility, which can ... model does not take into account the disutility of risk. so the model can not explain the risk premium which is a compensation for the disutility of risk. to prevent erroneous interpretations, the model ...
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macroeconomic resilience dsge model pdf
... al. model no model can possibly hope to address all of the points raised above so we have chosen a model that enables us to look at an important selection of these. the model ... general equilibrium model. that is, the model of the macroeconomy is built up from maximising agents, whereby households maximise utility and firms maximise profits. therefore, the characteristics of the model can be ...
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safe quarterly model dutch economy short term analyses pdf
... to make use of such a model is prompted by the fact that only projections that are based on a large-scale econometric model can accommodate the requirements set by users ... , has been included or excluded in the model can have a considerable impact, especially when computing simulations. in addition to domestic exogenous variables, the model also includes various international exogenous variables. ...
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appendix derivations dsge model pdf
... 39 references introduction this appendix derives the equations for our open economy monopolistic competition model. the model consists of a number of different blocks households, actuarial insurance firms, foreign investment ... need to specify a 22 monetary policy rule for our model that takes the institutional set-up into account. namely, we can set the domestic nominal rate equal to the foreign ...
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The trend in female labour force participation; what can be expected for the future? |...
... naar navigatie direct naar navigatie the trend in female labour force participation; what can be expected for the future? gedurende de jaren tachtig en negentig is de participatiegraad van ... labour force participation; what can be expected for the future? download (pdf document, 127.6 kb) cpb discussion paper pagina's isbn 9789058333421 we schatten een binair model met daarin leeftijd, cohort ...
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00/research memorandum Can we a [PFP#1092373775]
... transfer approach. the second function corresponds with the insurance approach. the so-called annuity-welfare model links the welfare and insurance functions. combining the two functions may yield economies of ... hence, the consequences of different mixes of pillars can be computed easily by attaching different weights to the results for the various pillars. model used is an extended version of that ...
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tax policy and labor market sensitivity analysis age model pdf
... labor have been increased to values which can be regarded as maximum estimates. in the fourth model variant, e.school, the marginal-tax rate ... the seventh model variant, s.for.supp, reduces the wage elasticity of formal labor supply by partners to a value that can be regarded as a minimum estimate in light of the empirical literature. the eighth model variant, s.for.supb, ...
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tax policy model search training pdf
... 161 tax policy in a model of search with training jan boone en ruud a. de mooij cpb ... ) contents 1 introduction 3 2 model with commitment private outcome social optimum 13 2.3 tax reform 15 3 model without commitment private outcome social optimum ... abstract this paper develops a model of search on the labour market with training. the model reveals how the tax system can restore the social optimum if ...
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worldscan model international economic policy analysis pdf
... this publication elucidates both the structure of the model and the projection methods that are used in scenario construction. worldscan can be adapted to arbitrary sector and country classifications if ... change policies. finally, in appendices the reader can find a technical description of the full worldscan model, the sector and country classifications that can be chosen and an overview of studies ...
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