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1 - 10 van 99 voor shock analysis
memo168.pdf
... shock analysis 19 5.1 calibration and data 19 5.1.1 calibration of model parameters 19 5.1.2 characteristics of the random variables 19 5.2 shock analysis 21 5.2.1 welfare measure 21 5.2.2 base projection 22 5.2.3 productivity shock 23 5.2.4 portfolio return shock 23 5.2.5 fertility shock ... the corresponding one-year means. 5.2 shock analysis in this section we investigate the role ...
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Presentatie over arbeidsmarktbeleid, werkloosheid en economische activiteit in Nederland |...
... demand shocks. the flip side of the greater flexibility is increased unemployment volatility. regression analysis suggests that the most important policy change over the sample period for explaining ... of demand shocks. importantly, it appears that employment recovers faster after a demand shock because of increasing globalisation. less stringent employment protection legislation, a lower gross-net ...
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presentation-bentolila.pdf
... dolado u. carlos iii thomas le barbanchon e. polytechnique cpb netherlands bureau for economic policy analysis and research centre for education and the labour market (roa) conference on flexibility of ... two phases of cycle i expansion i recession assign values to aggregate productivity shock and (in spain) to mismatch shock 2. counterfactual simulation for spain with its own shocks (as computed ...
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Microsoft Word - paper_flex_kramarz.doc
... cases involving employers as plaintiffs. 14 because we use jurisdiction-level information for our analysis, rather than case-level information, our tables will report jurisdiction-year statistics. all ... the relations between case outcomes and labor market characteristics. for instance, an adverse shock on the labor market conditions can affect case outcomes. first, according to the legislator ...
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appendix derivations dsge model pdf
... euro system, hence we need to model this in our analysis. one must also note that, if households do not value ... adjust the definition introduced in the aggregators section to simplify our analysis. we adjust the definition to take into account aggregate price ... .l. evans, 2005, nominal rigidities and the dynamic effects of a shock to monetary policy, journal of political economy, vol. 113, no. 1, ...
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Two-Tier Labor Markets in the Great Recession: France vs. Spain
... cutoff levels to just two (see equation pjd and pjc below) which simplifies considerably the analysis and calibration of the model, without qualitatively affecting its main implications. 16 is a ... during the recession. secondly, we compute an alternative simulation where, besides the severity of the shock, we allow for another model parameter to change, namely, meant to allow reallocation shocks ...
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analysis individual accounts unemployment risk netherlands pdf
... liquidity insurance, and ii) more efficient lifetime income insurance. two recent papers provide a thorough analysis of the relevant mechanisms. stiglitz and yun (2005) focus on 'liquidity insurance', whereas bovenberg and ... individuals run the risk of becoming unemployed. the risk of unemployment consists of an exogenous shock and a job search decision by the worker who takes a random draw from a ...
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Microsoft Word - doc136.doc
... curve indicates the extent of competition. now assume that competition intensifies because of an exogenous shock. increasing the competitive pressure induces the highly efficient firms (i.e. firms with an ... than 1993. 23 structure. this approach can be implemented by using a shift-share analysis. such analysis allows us to decompose competition growth at the aggregated level as follows the within- ...
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rmcpb8.dvi
... - a comparison . . . . . . 43 4.5 design features relief and training jobs . . . . . . . . . . . . . . . 44 5 sensitivity analysis 48 5.1 production and supervision costs . . . . . . . . . . . . . . . . . . 48 5.2 discounting the states of ... or loss. at rate el ul low-productive matches are hit by an idiosyncratic shock that leads to a separation of the worker and the rm. the associated capital ...
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N:\publicaties\...\cpbdoc30.wp [PFP#531103649]
... is developed and maintained at the cpb netherlands bureau for economic policy analysis. the acronym jade stands for joint analysis of dynamics and equilibrium. as the name indicates, the main feature of ... , or at least makes the proposal controversial. a proper economic analysis of such a policy, or of a certain exogenous shock of a similar nature, requires a discussion of both the equilibrium ...
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