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1 - 10 van 173 voor real interest rate
presentation-bentolila.pdf
... real interest rate, unskilled labor (hs dropouts, immigrants), initial size of dual labor market (saint-paul, 1997) i construction was geographically concentrated i geographical mobility is much lower in spain i interregional migration rate ... france spain interest rate r 0.01 0.01 matching function elasticity 0.50 0.50 worker bargaining power 0.50 0.50 unemployment bene...t replacemente rate b ...
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appendix derivations dsge model pdf
... through by prices again and using the definition of the real interest rate ai t nt -(1+rt-1)nt-1 -bt -qtzt ... are still defined as the compound real interest rate obtained from the domestic inflation and the domestic nominal interest rate the foc with respect ... real terms by dividing through by pt. gt +it-1 bt-1 t bt - bt-1 t +tt +mt - mt-1 t or rearranging and using the relevant real interest rate ...
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dp170-technische-bijlage.pdf
... term. 5) for imputing benefits from the capital stock we assume a real interest rate of 3%, which equals the real discount rate. this ensures that the present value of the benefits of the ... demography data on 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
... on the ratio between the rate of time preference () and an appropriate defined 27 real net interest rate. notice that the deflator of the real interest rate differs between consumption and leisure.22 the growth rates of consumption and leisure, in turn, depend on these growth rates of marginal utilities, together with the effective net real ...
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Athena
... the incentive to substitute future consumption for current consumption through saving. the higher the real interest rate the more consumers will save. the parameters of the steady-state consumption equation are ... is also affected by the development of the relative price of oil products (elasticity real interest rate (elasticity 0.87) and an anticipation effect of the special consumer tax on cars ( ...
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Microsoft Word - ageing_.doc
... rate real terms, which is 1%-point lower than in the previous study. this lower discount rate also contributes to the deterioration in sustainability. the discount rate for the government exceeds the real interest rate ... real (long-term) interest rate of 1 %, an equity premium top of the long-term interest rate and a 50-50 mix of bonds and equities. measured relative to the short- term interest rate ...
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Microsoft Word - discussion164.doc
... real exchange rate is the key determinant of a financial crises. 17 defined as the difference of the real interest rate of a country and the world interest rate. the world interest rate is defined as the average interest rate ... the first principal component of the indicators of credit controls, interest rate controls, capital account restrictions, and security market policy taken from abiad et ...
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Microsoft Word - cpbdoc_westerhout.doc
... 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 a gives ... 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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Research Memorandum (set-up) [PFP#792279750]
... and the costs of creating stable customer markets are all affected by the real interest rate. a rising real interest rate depresses the creation of new jobs and the demand for new products. ... the equilibrium rate of unemployment from 1966; the contribution of the relative capital costs and the wedge (in %) relative capital costs real interest rate fiscal instruments overall income tax rate terms ...
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linkages between financial and real sector economy pdf
... rate reserves money supply loan supply market interest rates real ratesasset price levels exchange ratee collateral relative asset prices aggregate demand wealth channel financial accelerator bank lending channel interest rate channel exchange rate ...
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