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analyzing labour supply elderly people life cycle approach pdf
... oecd (2005) 13 react differently to specific policy measures. as any model, this model has certain limitations. for example, the model only consists of a household sector. that is, the role of the ... employer-provided pension plans will not change. 6 the model is calibrated to data from the health and retirement study (hrs). the model solution was used to simulate life-cycle trajectories for 10 ...
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memo220_0.pdf
... model with an analytical solution. the solution is expressed as the fraction of the time during which the heat demand exceeds the optimal chp heat production capacity. contents 1 introduction model solution ...
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bijlage_jaarrapportage2008.pdf
... paper 56) engwerda, j.c. en r.c. douven, sensitivity matrix of the nash bargaining solution, international journal of game theory, vol. 37, pag. 265-279. koning, p.w.c. en ... 2008, bonn boeters, s., analysing welfare reform in a microsimulation-age model the value of disaggregation, iab, workshop on micro-macro model linkage, 15 december 2008, nuernberg. boeters, s., heterogeneous labour markets ...
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Microsoft Word - paper_flex_kramarz.doc
... close to almost every oecd country, where courts usually attempt to reach a compromise solution at the start of formal legal proceedings (see venn, 2009). 7 moreover, in case ... these different motives. 3 judicial activity and firing costs a simple theoretical model we develop a simple analytical model determining the relationships between judicial activities and firing costs, taking specifically ...
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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 ... and n. rankin, 2007, perpetual youth and endogenous labor supply a problem and a possible solution, journal of macroeconomics, vol. 29, no. 4, pp. 708 723. christiano, l.j., m. ...
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access regulation and adoption voip pdf
... verify that g( ) is linear in p, so that there exists a unique solution p 18a ( ) 18 (2 -a) . the interpretation is that the quality- ... suppose that r and c 0.1. the condition for an interior solution then requires that a 0.5. we will therefore look at ... we introduce this possibility in our model, there is a range of parameters where this is indeed the profit maximizing solution for the incumbent. by ...
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gamma simulation model ageing pensions and public finances pdf
... 38 2.7 equilibrium and the solution method 40 2.7.1 equilibrium 40 2.7.2 solution method 41 3 data and ... it explains the calibration procedure and the solution method. in addition it illustrates the working of the model with four sets of simulations a ... . the indirect utility function is obtained after substitution of the solution for leisure and commodity consumption into the utility function (2.2 ...
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N:\publicaties\...\cpbdoc30.wp [PFP#531103649]
... the newer versions of for example the niesr model, the lbs model, the frb mps model. it is also used rational expectations revolution ... amount of research that focuses on learning behaviour as a possible solution (see for example sargent, 1993), but it seems fair to ... individual members bargain about the division of this wage bill. the solution to the second stage would set wages by maximizing the ...
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tax policy and labor market sensitivity analysis age model pdf
... elasticities, much lower substitution elasticities between capital and labor, and a new wage bargaining model. moreover, the model has been extended in several ways in order to better describe the distortions ... w.inf. table difference matrix for w.inf. the fourth column is lacking because of solution problems for the targeted ssc reduction. the general pattern is larger downward effects on prices ...
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Tilburg finance tool huisstijl pdf
... estimated introduction this paper describes a capital market model for the netherlands. this capital market model will be used, amongst other models, to ... independence of the error terms. this partial differential equation has a solution form pn (xt,t,t +) exp an ()+bn () xt (18) in ... -pr x x (t -) (26) this partial differential equation has a solution of the form pr (xt,t,t +) exp ar ()+br () xt ...
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