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1 - 10 van 10 voor bank shall
Microsoft Word - cpbdoc133.doc
... areas which do not fall within its exclusive competence, the community shall take action, in accordance with the principle of subsidiarity, only ... better achieved by the community. 3. any action by the community shall not go beyond what is necessary to achieve the objectives of ... an effect on its emu partners, because the european central bank will adjust the interest rate in response. as an other ...
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Microsoft Word - discussion33.doc
... bruce chapman, bas van der klaauw, vicente paqueo, dinand webbink, and participants at a world bank seminar and a cpb seminar for helpful comments, and martin cervantes, alejandra diez de sollano ... limited. these potential sources of selection bias should be kept in mind. however, as we shall describe in more detail below, our econometric strategy employing the administrative data does not suffer ...
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Research Memorandum (set-up) [PFP#790029940]
... , if the elasticity of substitution in production is low (as we shall suggest later is usually the case), and hence , the sign ... zero. 4. trade, payments and transport costs in this section, we shall review the pattern of north-south trade and payments implied by ... southern subsidiary and reduce those of the northern parent, from whose bank account the k-workers are actually paid (with the profits of ...
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Generational accounts [PFP#1092202780]
... different existing generations difficult to compare. we can, however, make assumptions about future policy. we shall therefore concentrate on comparing the net benefit of newly borns with that of future generations ... holding notes and coins. this cost counterbalances the remittance of dnb's profit. the central bank earns this profit on assets (mainly gold and foreign exchange) that were deposited by ...
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linkages between financial and real sector economy pdf
... bank liquidity shortage bank capital channel 43 4.3 empirical support for the bank lending channel 44 4.3.1 bank liquidity 45 4.3.2 bank capital 47 4.3.3 bank ... large fall in world trade, an issue that we shall come back to in chapter 5 below. transmission ... bank capital channel via the balance sheet of commercial banks. these channels are displayed in the lower left half of figure 2.1. we shall ...
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memo248.pdf
... -v(j), which is presented in figure 3.6 did hold in the past and shall also hold in the future. the number of participation years al pension fund at age ... .4. the government has a claim ws cg on firms because it owns the central bank and land development companies. this is a reason for the difference between the value of ...
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subsidiarity and economic reform europe pdf
... references ............................................................................................39 3 who shall decide what? citizens' attitudes towards ... .renner ids.allianz.com steclebout-orseau, eloise european central bank kaiserstrasse 29, 60311 frankfurt am main, germany e ... not fall within its exclusive competence, the community shall take action, in accordance with the principle of ...
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Sustainability Monitor for the Netherlands 2009
... ,gas,and metals,andbiologicalreservessuchaswater,soil,forestsandfishstocks),landand surfacewater,andecosystems. the world bank (1997) in particular is increasingly in favour of expanding the capital ... by using numerous resources, as we shall describe below. asresourcesarescarce,itisbydefinitionnotpossibletorealiseallgoalsatonce. choosingonegoalimpliesthatotherswillnotberealised,orrealisedinfull. ...
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Manager turnover and firm performance
... the cpb and bruegel websites. eu more recently. as we shall see, these countries have generally smaller financial systems than ... market-based countries, foreign bank assets are of greater importance. in the next section, we shall look at these and ... highest. japanese households financial assets consisted of bank deposits. the difference between bank based and market based countries becomes more ...
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N:\...\hoofdtekst_21maart [PFP#331765954]
... level and in related circles (social-economic council, dutch central bank). now, a new review committee1 has been asked to evaluate ... and (as a permanent adviser) a director of the dutch central bank. the commission is chaired by the secretary-general of the ministry ... position .. the horror of that moment,' the king went on, i shall never, never forget!' you will, though,' the queen said, if ...
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