Sale constraint 

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intergenerational risk sharing pdf
... which also withstand a number of other model modifications, like the introduction of a short-sale constraint for households and the inclusion of a labour income tax. these results suggest that collective ... lower or higher than one. this section also explores the welfare consequences of a short-sale constraint for households and of the inclusion of a labour income tax. finally, section 6 concludes ...
cpb.nl

Microsoft Word - Final Report Chindia.doc
... country is stagnant. this relatively low savings rate is a constraint on fixed investment. contribution to growth in the 1990s % pa ... of funds, stemming from high budget deficits, has been a major constraint in india. however, the indian government is keen on improvements to ... sudan and angola for oil and mineral rights and for the sale or supply of chinese arms. it provides aid and economic support ...
abnamro.nl

Teb Nv
... -commission is particularly applicable to the latter two product groups). the bank's available for sale portfolio is mainly composed of sovereign debt securities with diversified credit risk counterparties. the total ... , it will certainly be a challenging year. high volatility and low liquidity is a serious constraint but it is expected that customer volume may increase to benefit from high yields in ...
tebnv.nl

ar2001.pdf
... business lines but instead by extending the geographic range of existing business lines, within the constraint that the country risk weighted solvency ratio remains above the regulatory limit. we started ... connection with a structural reduction of the investment portfolio.if,on balance,losses on the sale of interest-bearing securities would arise,the surplus losses are charged directly to interest ...
garantibank.nl

Microsoft Word - Mortgage market NL.doc
... system of tax deductibility. another important change (2010) is the constraint on interest- only (i o) mortgage loans. these products are still ... unforeseen circumstances (unemployment, death, divorce, etc) that result in the sale of the home. the main purpose of the nhg system ... . the mortgage code of conduct has been applying the same constraint since 2010. before this period, it was possible to get ...
abnamro.nl

costs and benefits providing open space cities pdf
... neighbourhood i (ssi ) is maximized, while taking into account the constraint iii lsr + . (2.5) the social surplus ss of the ... . (2.9) in these equations i is the lagrange multiplier associated with constraint (2.5). we can easily remove it by combining the last two ... also contained controls for year of construction (before month of sale and for neighbourhoods (14 in amsterdam, hague, 9 in rotterdam). ...
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