Real consumption 

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... to one of the weakest. downturn was particularly evident in household consumption. over the period from 1995 to 2000, dutch real consumption grew at an average annual rate of 4%, underpinned by strong growth in housing assets, debt and consumer confidence. in contrast, in the following three years, real consump- ...
tebnv.nl

appendix derivations dsge model pdf
... real consumption of the composite good by a household aged a +t in period t, ma+t,t is the real ... household only derives utility from real consumption it is useful to rewrite the budget constraint in current real terms by dividing both ... real interest definition 1+rh t real interest definition real foreign interest definition 1+r f o t 1+if o t complete model 9.1 household block optimal consumption ...
cpb.nl

Microsoft Word - Russia - 270907- binnenwerk - final.doc
... increase in disposable income. real wages have increased by more than 10% a year since president putin came to power. this has given rise to a consumption boom and a rapid ... at ppp source eiu growth of real disposable income % source eiu russia 11 economics department sector research, september 2007 booming consumption market table top 20 of private consumption expenditure, at current market prices ...
abnamro.nl

Microsoft Word - Final Report Chindia.doc
... the ppp standard emerging market analysis multilateral organisations may 20067 real per capita incomes in china and india are growing ... capita consumption of copper and aluminium is a fraction of that of industrialized countries. however, even low per capita consumption times ... growth in its consumption over the five years to 2004 represented 6.9% of the increase in total global consumption, a ...
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blob.aspx?id 10821
... beleg- gingsfonds (abf; now part of the asn mix- fonds). nevertheless, real recognition of the bank's principles did not come until the ... need and ability to eradicate hunger and poverty, a condition for real sustain- able development. a new formulation of asn bank's ... the raw materials used; the nature of the end- products; energy consumption; use of clean water; the nature of the emissions released ...
asnbank.nl

ASN DRZ JaarvrsEng_04.indd
... 8 environmental performance electricity consumption (kwh per fte) gas consumption (m3 per m2 floor space) water consumption (m3 per fte) paper usage ... time advising people about pro- ducts that make a real contribution to a sustain- able society. it is a ... under which departmental heads electricity consumption (kwh per fte) gas consumption (m3 per m2 floor space) water consumption (m3 per fte) a ...
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untitled
... prices, continued economic expansion is remarkable. notwithstanding the dent they caused in real incomes, most countries appear less vulnerable to energy price shocks than was ... consumption spending also contributed to the growth outcome. the government sector is expected to continue to increase its consumption and investment spendings in 2007. on the other hand, the private sector's consumption ...
tebnv.nl

untitled
... real gdp growth reaching which is higher than had generally been expected. with energy prices set to remain high, domestic demand will continue to expand strongly driven by buoyant household consumption and business activity. although the growth is forecast to slow performance is expected to be solid at an annual average of 6.7%. real fixed capital ...
atbank.nl

20100609140407 GBI AnnualReport2009 pdf
... pointed to an anemic rate of growth; relying on government spending and stock rebuilding. real consumer demand remained weak and excess capacity burdened the corporate sector. unemployment rates continued ... spending, especially in the us. consumption looks likely to grow at only about half the average pace of the previous quarter century, passing the baton of consumption- led growth to hundreds ...
garantibank.nl

linkages between financial and real sector economy pdf
... and valencia (2010) 11 consumption growth also slows down more substantially. this stronger response of real expenditure coincides with a stronger fall in real interest rates. figure 1 ... household utility than contemporaneous consumption. this establishes a direct link between the financial accelerator and consumption. if house prices fall, ceteris paribus, today, consumption declines today but ...
cpb.nl