1 - 10 van 306 voor present value
Two-Tier Labor Markets in the Great Recession: France vs. Spain
... to a higher creation of vacancies. conversely, for a given value of d , a higher firing cost f reduces the expected present value of jobs and therefore hinders job creation. in sum, besides ... simulation results in this section we summarize the main results of several simulation exercises. we present targets (actual data) and outcomes (simulated data) for both countries in the expansionary and ...
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dp170-technische-bijlage.pdf
... in excel). it also contains a file that presents how the present value calculations are carried out. however, these calculations are carried out ... %, which equals the real discount rate. this ensures that the present value of the benefits of the capital stock equals the investment, ... the future have 2008 as the base year for the present value calculation, rather than the birth year of the cohort, we ...
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analyzing labour supply elderly people life cycle approach pdf
... present case of a defined benefits scheme the accrual of rights is equal to the present value of the growth of promised pension benefits. assuming an annual growth labour income, this present value ... are incorporated, follows from the equivalence between the present value of future retirement benefits and the available pension rights, including the present value of first-tier pension rights (apaow t ...
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Microsoft Word - ageing_.doc
... more specifically, the future debt a is measured as the present value of the deterioration in the primary budget compared to ... the generation born amounts to some 56 000 euro in present-value terms per person, corresponding to a yearly benefit' of roughly ... ageing and the sustainability of dutch public finances introduction 28 present value terms, that has to be closed by discretionary measures. the ...
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Microsoft Word - DP128_demooij _2_.doc
... the book value of assets in the tax accounts, thereby also reducing the ace in later years. this exactly offsets the benefits from earlier depreciation in present value terms. indeed, the present value of the ... are owned by the headquarters in the other countries. each firm maximises its value equal to the net present value of all future cash flows subject to the accumulation constraints and a ...
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Microsoft Word - bijz90.doc
... (to maintain the destination principle, that is, revenue allocation to the state of consumption). instead, present arrangements should be retained, although compliance control should be extended across borders in the ... be taxed, the value of newly created immovable property is taxed instead. at the time of creation, the tax on the full value equals the tax on the discounted present value of all ...
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Microsoft Word - DP ECA voorblad.doc
... are owned by the headquarters in the other countries. each ...rm maximises its value equal to the net present value of all future cash ows subject to the accumulation constraints and a production ... ; countries that narrow their base reduce transfers. on the horizontal axis is the initial net present value of depreciation allowances as a purchase price of an investment (which lies between 0 and ...
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Microsoft Word - DP CCCTB voorblad.doc
... are owned by the headquarters in the other countries. each firm maximises its value equal to the net present value of all future cash flows subject to the accumulation constraints and a production ... is because it is possible that the present value of losses carried forward (say tibid if the loss is incurred in country i) exceeds the value of losses immediately offset under formula apportionment ...
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Microsoft Word - discussion56.doc
... hired workers. d higher elasticities for younger, healthier workers; royalty and solomon (1999) also present much higher estimates based on a model including fixed effects. however, these are unrepresentative ... . since premium differentials are fairly stable over time (see below), this implies that the present value of switching to a cheaper fund could be substantial for some consumers. 19 table ...
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Microsoft Word - cpbdoc96
... as banks. all existing insurance companies are far below the estimated (theoretical) optimal size. the present analysis therefore seems to suggest that further consolidation in the dutch life insurance market ... benefit consumers. they show that in the us, contracts that are more frontloaded have lower present value of premiums for the same insured capital. this is explained by the lower likelihood ...
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