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1 - 10 van 241 voor models however
disc159.pdf
... converge using both methods. precautionary savings account for about 30 % of wealth accumulation. however we also claim that obtaining converging results does not necessarily answer the question ... with median regression. the proportion of precautionary sav- ings decreased somewhat in all models, however the impact relative to the other speci...cations did not change qualitatively. 14 (1997 ...
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does education reduce probability being overweight pdf
... such as blood pressure and health limitations, smoking and quitting smoking, disability and exercise. however, the validity of these instruments seems questionable (kenkel et al. 2006). several recent ... on the specification of the education variable by including high school completion in our models. however, we find a statistically insignificant positive point estimate of high school completion on ...
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Microsoft Word - don.doc
... policy which still provides the standard textbook framework for discussing how econometric models are used to help policy makers.1 however, frisch and tinbergen themselves noted that for a number of reasons ... multi-country setting. however, such studies are mainly used to get a general idea of the type of dilemmas and choices that the policy makers face. while small models can capture the ...
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N:\publicaties\...\cpbdoc30.wp [PFP#531103649]
... business cycle models, that are typically designed so that the dynamics follow from the optimal adjustments of agents to a changing economic environment. the empirical basis of these models, however, is ... , see for example hall (1995). however, the general picture arising from these efforts is that the empirical issue is far from resolved. rational expectations models typically predict a more rapid ...
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memo127.pdf
... funding ratio changes (low ) and or increasing the penalty imposed upon premium rate fluctuations (high ). however, this will increase the possibility of unacceptable oscillations. in the lqr model the control ... one percent-point (see figure 4.3). at impact the funding ratio decreases in both models. however, the magnitude of the premium rate changes differs sharply. in the pa model the premium ...
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Microsoft Word - memo169.doc
... to analyse the macro effects of fdi on output and productivity in other types of models. however, these analyses do not take account of the effects on the structure of the economy ... age models capital mobility and real rates of return in most applied models, fdi is not modelled explicitly. some age models have modelled international capital mobility. this was however not the focus of these models ...
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Microsoft Word - discussion55.doc
... this type of application, sometimes called cliometric analysis', is very rare, however.4 cpb refrains from using the macroeconomic models for policy optimisation, as is explained in don (2004). the forecasts ... cpb was well aware of the limitations of models based on the past, and that for that reason it would adjust models if required. however, several of the criticisms put forward by driehuis ...
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solving large scale normalised rational expectations models pdf
... shift' jacobian is introduced. this matrix has the structure of the extended feedback jacobian, however only a small part of the partial derivatives are actually calculated. the remaining derivatives ... .1 the standard ordering method the ordering method described here works for normalised models. in normalised models there is a clear relationship between left-hand side endogenous variables and right ...
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cpb discussion paper 196 wage inequality trade tasks models pdf
... thus, offshoring produces similar gains-from-trade efficiency effects as in the traditional trade models. however, if offshoring is also increasing factor (wage) inequality, then a trade-off arises ... wage inequality using these recent trade-in-tasks theoretical models. the complexity of the grh and other alternative trade-in-tasks models, however, does not allow for full analytical solutions with ...
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discussion paper 201 labour market cge models pdf
... (new keynesian features typically cov- ered in dsge models), are beyond the scope of this chapter. finally, we concentrate on models at the national or multi-national level and disregard ... is female labour market participation, we need to dierenti- ate by household composition. second, however, any disaggregation at the household level requires complementary assumptions with respect to labour demand ...
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