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1 - 10 van 102 voor pay out ratio
Microsoft Word - paper_flex_kramarz.doc
... 8 severance payments. our hypothesis, then, is that when firms pay the severance payment corresponding to a redundancy, the workers ... productivity requirements, judges tend to be more meddlesome implying crossing out more cases for administrative reasons to speed up the process ... workers. using the french labor force survey, we compute the ratio of workers that have been dismissed within the year and ...
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Microsoft Word - cpbdoc96
... lower pay-out than the respondents who bought a policy directly from an insurer. furthermore, we found that virtually all respondents could receive a pay-out that is substantially higher than the pay-out ... competition. with these caveats in mind, we calculate the average profit margin as the ratio between profits before taxes and gross premium written. using figures from the isis dataset, ...
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Microsoft Word - discussion61.doc
... schemes (ctz 2002). the ctz finds evidence of a large variation between companies in the ratio of administrative costs of basic and supplementary health insurance and concludes that accounting rules to ... trend.6 children under the age of eighteen are not required to pay out-of-pocket premiums. since only adults pay an out-of-pocket premium we calculated cost and financial reserves also per ...
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gamma simulation model ageing pensions and public finances pdf
... ratio (pc pv) in every period of the life cycle. the marginal rate of subsitution does not depend on the commodity consumption by assumption. so we get the leisure demand relation out ... by a budget restriction indicating how much it can pay out in dividends each year and an arbitrage equation which ... dg the debt to gdp ratio, qdg the primary deficit to gdp ratio. the debt-to-gdp ratio will in general ...
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\\Webserver\...\2001_07.wp [PFP#710806420]
... and pay dividends at the same time. in fact, stockholders would prefer the firm not to pay dividends at all, but pay out their profits by buying back shares (which would make n negative). since in practice firms do pay ... the assumption that on the transition path the debt-capital stock ratio remains constant, so that b0 remains equal to the nominal depreciation rate ...
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memo248.pdf
... at age men at birth men at age dependency ratio the elderly dependency ratio, the ratio between the number of people above the official retirement ... in such a way that the pension assets, the funding ratio (i.e. the ratio between pension assets and pension rights) and the pension ... firms is zero, i.e. firms does not issue bonds and pay out all profits. table a.2 the total accounts changes in total ...
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memo247.pdf
... is determined by a budget restriction indicating how much it can pay out in dividends each year and an arbitrage equation which values this ... state fixes the parameter e0 at the steady state investment ratio. the investment ratio exceeds its steady state level when q is larger than ... e1, while the parameter e0 is set equal to the investment ratio in the steady state. notice that the starting and the ...
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Microsoft Word - discussion66
... intercept risk aversion log of income year dummy age risk aversion revealed expertise likelihood ratio mcfadden r2 number of observations for consumers purchasing through the direct channel, there are ... pay-out ex post. leaving out these observations did not alter the results presented below. 21 in stead of comparing the actual pay-out to the mean pay-out, we have also used the maximum pay-out ...
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Working Paper (set-up) Engelsta [PFP#301242565]
... moreover, competition does not seem to drive low quality journals out of the market. libraries complain that they pay a high price to add a few useful articles per year ... us, in us dollars) journal individual annual subscription rate institutional annual subscription rate discrimination ratio e journal of political economy quarterly journal of economics econometrica american economic reviewb ...
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dp204.indd
... high-risk investments than average traders in the sense that their expected pay-out for such projects is higher. using this idea, we make the following ... rewards for top results (e.g., a bonus). in this way they pay out more to top traders, while limiting the spill-over of these ... project for either type only depends on r, we see that the ratio of the low type's utility upon accepting the high type's ...
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