|
1 - 7 van 7 voor prudent risk
discounting investments mitigation and adaptation pdf
... into play. for example, an exogenous increase in uncertainty increases the prudent consumers' willingness to save, which is reflected in higher risk free rate (leland (1968)). the increased willingness to save ... is negative for a prudent consumer. in the context of a stochastic dynamic model of optimal consumption gollier shows that the properties of the term structure of the risk free rate ...
cpb.nl
Microsoft Word - cpbdoc96
... to adopt less prudent standards of behaviour (davis, 2002, p. 29). this could take several forms 26 assuming relatively high (for annuities) or low (for life insurance) mortality risk investing in ... possibility. too much competition in markets for life insurance may force firms to adopt less prudent standards of behaviour. this explains the important role of prudential supervision in these markets. ...
cpb.nl
L:\...\cpb_discussion1 .w [PFP#711495169]
... ). he shows that in the presence of thresholds a good case can be made for prudent behaviour and economic policy, provided that the damage of passing the threshold is large, there ... to my opinion, little prospect to learn anything about the location and impact of thresholds, risk and ambiguity are likely to be high. consequently, the level of consumption should, compared to ...
cpb.nl
Research Memorandum (set-up) [PFP#902192174]
... be harder to find a job outside the home sector, and unions will become more prudent in wage demands. therefore, higher unemployment will shift the balance from wages to employment, producing ... jobs available in other sectors, workers and unions will think twice before putting jobs at risk by high wage claims in their home sector. besides the state of unemployment, trade unions ...
cpb.nl
two quantative scenarios future manufacturing europe pdf
... quantified below. in adventuring the world outward-looking (resulting in a further opening-up), risk-loving and pro-active behaviour are prime. new technologies succeed each others quickly, trade ... ambitious. in order to guarantee sufficient supply of skilled workers for manufacturing, it seems prudent to formulate more ambitious policies for the decades after 2010. because the worldscan model ...
cpb.nl
dp212.indd
... information we analyse if government finances have been sustainable and if it was due to prudent fiscal policy, financial repression or real growth. we estimate all the regressions using both ols ... when local governments are in financial distress. therefore local government de- fault risk is equal to central government default risk. second we assume that local government finances have run a balanced ...
cpb.nl
N:\...\hoofdtekst_21maart [PFP#331765954]
... way to serve the information needs of clients. this may be more difficult, involve more risk and effort, but this type of ambition and flexibility are clearly needed for an organisation ... to make the message more accessible. in case of doubt, however, cpb will pursue a prudent course. on inviting explicit feedback when formulating the research agenda - this was implemented successfully when ...
cpb.nl
| 