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1 - 10 van 82 voor steady state
appendix derivations dsge model pdf
... are represented by it kt-1 - . this form enables them to be zero in the steady state. let the constant number of shares in the representative firm be zt, the real share ...
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Flexibility, Dualism and the Great Recession
... complete reforms with a long phasing-in transitional dynamics may depart significantly from steady state outcomes of complete reforms. immediately increase in volatility of employment and unemployment. ... reforms with a long phasing-in transitional dynamics may depart significantly from steady state outcomes of complete reforms. immediately increase in volatility of employment and unemployment. ...
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Two-Tier Labor Markets in the Great Recession: France vs. Spain
... hinders job creation. in sum, besides the unemployment rate (see below), the steady-state equilibrium values of the other three unknowns in our model, , c , and ... steady state) by n f n p + n a f(d ) + f(d) (36) secondly, we use temporary jobs in the total stock of jobs (in steady state), given by n t n t + n p + n a pf(d ) + f(d) 1 - pf(c) + pf(d) (37) lastly, we use the steady-state ...
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Athena
... size to accommodate employees and equipment, on equipment where the minimal size depends on the state of technology (a production line must be of a minimal size) and on some ... steady-state consumption equation are estimated directly on the basis of the cointegration relation that exists between the variables of this equation. the short run consumption equation used is obtained from the steady state ...
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analysis individual accounts unemployment risk netherlands pdf
... constraints in unemployment is limited. key words individual savings accounts, benefits, unemployment, welfare state abstract in dutch een regelmatig terugkerende hervormingsoptie voor de werkloosheidsverzekering is de introductie ... unemployed for less than one month. the relation above only holds for a steady state. furthermore, we can not exclude the possibility that the data are not fully ...
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Microsoft Word - DP ECA voorblad.doc
... two reasons. first, the formula determines the distribution of the tax base across jurisdictions. a state that is abundant in capital-intensive production facilities will receive a relatively large share of ... of sales in the formula. 13 nationally on competitive labour markets. we focus on the steady state outcomes of the model. we compute the compensating variation to measure the welfare e ects ...
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Microsoft Word - DP CCCTB voorblad.doc
... unilateral and multilateral corporate tax policies. it concentrates on the long-run effects in the steady state. the structure of each country is the same and countries are linked via trade in ... , which is approximately 60% in europe. consolidation would then reduce the corporate tax burden by steady state equilibrium of cortax, the reduction in the tax base is smaller due to losses carried ...
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Microsoft Word - DP_voorblad_scale_def.doc
... size and productivity in an industry with scale economies steady state and actual distribution firm size productivity steady state, imperfect competition steady state, competitive market imperfect competition, possible lower threshold of ... the industry's productivity frontier are not represented in the long-term steady-state' firm distribution (olley et al. 1996; de wit 2005). the same conclusion ...
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Microsoft PowerPoint - Kox_CEPS_Brussel_Febr_1_2011_v2.ppt [Compatibility Mode]
... scale inefficiencies as proxy for effectiveness of market selection (1) 1. thought experiment consider steady state in a competitive industry with a homogeneous product and scale economies firms grow ... decomposing the relation between size and productivity in an industry with scale economies steady state actual entry and growth barriers exit barriers , market power x-inefficiencies, sub-frontier ...
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Cross-Country Sectoral Energy Productivity Performance: The EU KLEMS Database
... fast, building upon the proposition that growth rates tend to decline as countries approach their steady state. in this study we limit ourselves to the descriptive analysis of -convergence and leave a ...
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