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Microsoft Word - Charting CPB's course.doc
... institutional analysis of specific sectors, e.g. . intergenerational risk sharing in pension funds . the organisation of the care ... ex ante cost-benefit analysis (cba), e.g. . maasvlakte 2 (construction of area for sea harbours, transhipment facilities and industry) . ... input for further discussion among directors, sector heads and all programme leaders on strategic choices about current and future ...
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presentation-bentolila.pdf
... ) i construction was geographically concentrated i geographical mobility is much lower in spain i interregional migration rate france 2.1%, spain model setup i continuum of in...nitely-lived risk-neutral workers ... notice model setup i job matches with (idiosyncratic) productivity distribution f() , . i s poisson( ). i all new jobs start with i when created, a job is i temporary with probability p ...
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paper-flex-martin-2.pdf
... critics (see addison and teixeira, 2003, for a review). the construction of composite indicators designed to measure qualitative features of ... financial markets limit their ability to insure themselves against the risk of dismissal (see e.g. pissarides, 2010). however, by ... fraction of displaced workers who need adequate support 48. all in all, the empirical evidence suggests that workers tend to ...
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Microsoft Word - Holland 110111
... with longertenure. as an example workers in the building and construction sector have a period of notice of 3 weeks after ... between the aku and gross unemployment may reflect that not all jobless are eligible for unemployment benefits or social assistance. ... active labour market policies makes it possible to achieve better risk sharing without impairing labour market flexibility, the evidence is much ...
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Two-Tier Labor Markets in the Great Recession: France vs. Spain
... engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts ... construction employment shares across spanish regions, which is equal what follows we argue that the strong dependence of the spanish economy on the construction ... first, there is a continuum of infinitely- lived risk-neutral workers and firms, with a common discount ...
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Athena
... of structural parameters. in principle, this requirement holds for all agents. in this report special attention is paid to ... industries energy petroleum industry mining and quarrying public utilities construction construction commercial services real estate wholesale and retail trade and ... the (quasi-)fixed production factors in the baseyear and the risk premium are determined. 2.3 labour market 2.3 ...
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analysis individual accounts unemployment risk netherlands pdf
... (typically assumed to be large, at least relative to the income effect). 13 limited and all interpersonal redistribution disappears. a scheme that does allow for negative balances during working life increases ... benefit use and consumption with respect to unemployment benefits and on the extent of risk aversion. in the construction of the model we used the following criteria. first, the model has to ...
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Microsoft Word - discussion56.doc
... open enrolment does not apply to supplementary insurance. moreover, almost all firms restrict supplementary insurance to those insured who purchase ... realised medical expenses of their enrollees (sickness funds received risk-adjusted capitation payments for compensating most of the expected ... differ between regions and firms. 18 table 4.3 construction of premium variables from firm to firm 1 2 ... .. ...
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dp175 systemic risk across sectors pdf
... sectors, the ordering from high to low systemic risk is insurance sector, construction sector, food sector. the differences between the sectors are all significant. using returns conditional on the market return, ... systemic risk of the insurance sector from the construction sector. notice that figure 7 and 8 show that the dependencies in extreme negative returns have increased 19 over time in all ...
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intergenerational risk sharing pdf
... (2006)). although these papers differ in the way risk sharing is designed, they all conclude that funded pension schemes allow for substantial ... and can supply labour when young. we abstract from demographic risk all generations are equally large (normalized at unity). there are ... rate shows up in the price of leisure, because, by construction, the cost-effective contribution rate is equal to the ...
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