Simple model host:cpb.nl

Simple model host:cpb.nl 



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Microsoft Word - paper_flex_kramarz.doc
... . to illustrate the links between judicial activity and labor dynamics, we build a simple model relating firing costs to judicial activities of the courts. the firing costs are ... between these different motives. 3 judicial activity and firing costs a simple theoretical model we develop a simple analytical model determining the relationships between judicial activities and firing costs, taking ...
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corporate tax policy and incorporation eu pdf
... mackie-mason and gordon (1997) and goolsbee (1998; 2004) propose a simple model for the choice between sole proprietorship and incorporation. the models suggest ... yields values of 1.5 for the log model, 2.3 for the semi-log model and 2.0 for the alternative tax. this ... with semi-elasticity of 1.5 for the linear model. the tax base elasticity in the model with the squared tax term is extremely sensitive ...
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dp175 systemic risk across sectors pdf
... factors such as interest rates, currencies, foreign exchanges, etc, or other mis-specifications of the simple market model (3.2). notice from (4.2) that the insurance sector and the construction sector ... investors employ a quadratic form of utility. it is therefore very well possible that this simple model does not capture the behavior in the tails of the market return. the observed skewness ...
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capital income taxation europe trends and trade offs pdf
... the extent that it exerts a positive impact on the efficiency of government policies. moreover, model simulations suggest that the welfare effects from tax coordination will be unequally distributed, both over ... income taxation in the eu over the last ten years. on the basis of a simple model of capital income taxation we can draw three conclusions. first, capital taxes have decreased. there ...
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appendix derivations dsge model pdf
... 39 references introduction this appendix derives the equations for our open economy monopolistic competition model. the model consists of a number of different blocks households, actuarial insurance firms, foreign ... utility over all time periods, with one budget constraint for each time period no simple task. there is, fortunately, an easier method available. it involves recursively rolling the ...
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Athena
... of infrastructure projects and environmental issues. these types of applications impose strong requirements on the model. the model should be dynamically stable, i.e. it should possess well-defined long term ... a country to other countries)11 the analogous equations for the various industries are kept simple. world re-exports of an industry are considered to grow somewhat faster than domestically ...
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gamma simulation model ageing pensions and public finances pdf
... used in this document. a dynamic open-economy overlapping generation model this chapter presents a technical description of the gamma model. the model distinguishes markets for goods, capital, labour and a market' for ... 4 firms private sector production in gamma is characterized by a simple neo-classical model for a representative firm.21 the model's perspective is long-run and so it is reasonable to ...
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macroeconomic resilience dsge model pdf
... expected lifetime utility we can see that there is not a simple one-to-one relationship between the movements of the macro ... a stationary world the distinction between permanent and temporary shocks is simple a temporary shock is where the impulse itself returns to zero ... of the . 4.6 discussion - using a closed economy model the model we have described here contains no foreign variables and no ...
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safe quarterly model dutch economy short term analyses pdf
... the outcomes of the macro-model and the sub-models are so minor in most cases that no subsequent iteration exercise is required. since safe does include simple equations (known as rules ... export mix also affect the growth of domestically produced exports. measuring these factors is not simple. the approach used consists of manufacturing industry's relative investment ratio, which is the difference ...
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worldscan model international economic policy analysis pdf
... . this publication brings the model changes together, explains the model's current structure and illustrates the model's usage with some applications ... gtap model (hertel, 1997), the mirage model (bchir et al., 2002), the linkage model (van der mensbrugghe, 2005), and the g-cubed model of ... section. for the 16-sector version we have divided the simple averages of table 3.2 by the macro 30 average ...
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