|
1 - 10 van 25 voor operational risk
Athena
... 1.1 factor demand and price formation the athena model distinguishes three operational' decision stages the short run, the medium run, and the long ... of the (quasi-)fixed production factors in the baseyear and the risk premium are determined. 2.3 labour market 2.3.1 wage ... were already used in fksec (cpb, 1992). 26 wage increase and a risk premium. profit income on the other hand is assumed to grow ...
cpb.nl
border tax adjustment and eu ets quantitative assessment pdf
... even where trade barriers may be needed as second or third best solutions, competitiveness provisions risk being abused by import-competing eu industries for purely protectionist purposes unrelated to global ... emissions elsewhere increase with almost 0.5%, reflecting carbon leakage. international permit trade is only operational for the ets-sectors within the eu, at an emission price within the ets, ...
cpb.nl
Microsoft Word - DP CCCTB voorblad.doc
... returns in real world observations. the equity returns contain a risk premium, however, which forms a compensation for the higher ... of equity stakes as compared to risk-free government bonds. cortax does not explicitly model risk and thus ignores the uncertainty cost ... + wy 1. xij denotes multinational i's factor xi that is operational in country j, where x l, k, y reflect, respectively, employment ...
cpb.nl
Microsoft Word - cpbdoc218.doc
... presents itself as cpb netherlands bureau for economic policy analysis5 . the first cpb-model was operational in 1953. it served as a basis for prediction and policy advice by cpb for ... in house prices (2015, %) change in net rent (2015, %) health care, employment, 2015, thsnd ) own risk health insurance (2015, level, euro) more (+) or less (- ) market forces cure ++ ++ + this comparison and analysis ...
cpb.nl
dutch fiscal framework history current practice and role cpb pdf
... responsible for translating the general european concepts into operational concepts for the netherlands and to make the best estimates for these operational concepts. the transition towards european concepts does not ... of cautious macro-economic assumptions and a long-term real expenditure ceiling limits the risk of budgetary turmoil resulting from economic setbacks. on the income side of the budget ...
cpb.nl
Microsoft Word - cpbdoc101.doc
... number of objective criteria. the downside also a heavier administrative burden as well as the risk of lobbying behaviour to influence the commission's decisions. a third option is to run ... . consequently these member states' contributions are lower than those of the others. b calculated as operational revenues (agriculture plus structural actions plus internal policies) minus the sum of vat- and gni ...
cpb.nl
00 An Analytical Framework of I [PFP#1092129299]
... risk of low profits due to less effort, because they gain all operational ... risk resulting from the fluctua- tions in the external environment. one such scheme, by nalebuff and stiglitz, 1983, pays managers a fixed fee plus a proportion of operational ...
cpb.nl
N:\...\discussion17.wp [PFP#331423159]
... et al. (2001) and ochel (2001). 15 excess coverage' nevertheless presents a long-term risk, as the legitimacy of union-negotiated agreements may be undermined. compared to union density ... coordination costly due to 24 less diversity and less flexibility. moreover, coordination involves operational costs associated with meetings, information gathering, translation, and so on. a second obstacle ...
cpb.nl
future policy telecommunications analytical framework pdf
... first generation 1g the first generation of mobile voice telephony, which is no longer operational in most european countries, used analog technology. the standard is known as nmt. current ... regulatory measures, may effectively increase their costs of capital to compensate for the increased risk. for instance, ambiguity about access for mvnos implies uncertainty about the profitability of network ...
cpb.nl
N:\publicaties\...\cpbdoc30.wp [PFP#531103649]
... provides the macroeconomic implications of the proposals. 1.1 background and modifications jade first became operational in the summer of 1997 and replaced fksec, the previous macroeconometric model (cpb, 1992). in ... this modified definition of capital costs is impossible because of lack of data. therefore the risk premium on equity has been calibrated such that the price of capital is roughly the ...
cpb.nl
| 