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1 - 10 van 75 voor nominal interest
appendix derivations dsge model pdf
... ptbm t are the nominal bond holdings of the monetary authority. the lhs is the nominal income of the monetary authority the nominal money issued plus the nominal interest received on bond holdings. the rhs are the outgoings the increase in nominal bond holdings plus ...
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dp170-technische-bijlage.pdf
... .cpb.nl sites default files berekening-loonsom-cohorten-interest-m05-ooktoek.xls, and http www.cpb.nl sites default files berekening-loonsom-cohorten-interest-p05-ooktoek.xls. g. the lgas as presented ... the past demography are from statistics netherlands. discount rate we assumed the real interest rate to equal 3%. the nominal interest rate in year t is equal inflation in year t. data on ...
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analyzing labour supply elderly people life cycle approach pdf
... and gradually declines. the relevant interest rate on private financial wealth, rh t , is the difference between the nominal interest rate and the tax rate on financial wealth. so, defined by 1+rh t (1+r -a) (3.14) where r is the nominal interest ... (dt ) are very large or the nominal wage rate is almost nil. 25 assuming the real net interest rate is equal to the ...
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Athena
... still in its growth stage, the composition of the population and the difference between the nominal interest rate and the contractual wage rate. the mechanisms of the model are illustrated by a ... of the fully funded system, the composition of the population and the difference between the nominal interest rate and the wage rate. 2.1 production structure the basis of the production structure ...
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Microsoft Word - DP128_demooij _2_.doc
... a deduction for the equity share of capital in the tax accounts. we apply the nominal interest rate to compute the tax deduction. ace implies a narrowing of the corporate tax base ... modelled as an abolition of the interest deductibility. the interest deduction in cortax is determined as the product of total assets, the debt share and the nominal interest rate. cbit raises corporate tax revenue ...
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Microsoft Word - DP CCCTB voorblad.doc
... tax systems of all member states like statutory rates, fiscal depreciation schemes and nominal interest deductibility. data from company financial reports are used to calibrate country-specific parameters ... taxes on corporate income and labour income. the expenditure side features government consumption, interest payments on public debt and lump-sum transfers. in performing simulations, we keep ...
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Microsoft Word - cpbdoc_westerhout.doc
... and a bunch of other macroeconomic assumptions (regarding, among others, labour market participation, the interest rate, the rate of productivity growth, the income elasticity of health care expenditure). appendix ... increase in participation rates of women. the real interest rate is set at 3.75% and inflation at 2%. this gives a nominal interest rate government finances figures for the years were ...
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N:\publicaties\...\cpbdoc30.wp [PFP#531103649]
... depreciation and the real after tax rate of interest. the latter depends on the nominal long run rate of interest rl , the income tax rate ... financed consumption of health care (ckg) and rl the nominal long run interest rate.17 government policy such as changes in transfer ... the rate of time preference, rl,n the relevant long run nominal interest rate (see section 2.7.4 for the definition), b ...
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indexlinkedbonds902.pdf
... nominal framework nominal emu balance is still one of the key parameters of budgetary policy, despite alternative of long term sustainability emu balance primary balance - nominal interest payments eu 3% maximum deficit rule stability growth pact debt management in the netherlands minimise expected cash payments on public debt given some maximum of risk exposure in nominal ...
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memo104.pdf
... increase in interest rates by central banks it is assumed that central banks will temporary increase nominal interest rates as a reaction to higher inflation and that real interest rates do not change. however, it is possible that central banks will increase real interest rates in ...
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