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linkages between financial and real sector economy pdf
... real expenditure response is also at odds with a purely monetarist interpretation. a policy shock mainly affects short-term rates, while on the expenditure side the main response is from real ... non-financial sectors. boivin et al. (2010) conclude that changes in the monetary transmission mechanism were mainly due to changes in policy rules and related changes in expectations of the private sector ...
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Microsoft Word - CPB Memorandum 143.doc
... trade took place mainly through long-term (i.e. several decades) contracts with take-or-pay clauses, at oil-linked prices. these long-term contracts were considered necessary to give ... international transport, storage, trade and retail. in the past, these activities, except exploration production were mainly done by fully integrated state-owned monopolies. now, many different players are active in ...
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Microsoft Word - discussion55.doc
... pen and paper. in the early years of model building, many scatter plots were also drawn, but these were overtaken with the emergence of the computer. the sample period was 1923-1933 ... model, which distinguishes 18 industries. b and 90s sectoral models were mainly used for short- and medium-term analyses. macroeconomic forecasts were complemented by results on the sectoral level. in recent years, the ...
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Harry ter Rele | www.cpb.nl
... ter rele works at cpb since last twenty years or so his main research interests were the sustainability of public finances, ageing, generational accounting, pensions, the fiscal effects of immigration, housing ... , the review of income and wealth and de economist. in the near future he will mainly be engaged in a) an update of the sustainability assessment of dutch public finances; b ...
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Microsoft Word - Charting CPB's course.doc
... the end of 2008 (and has by now reached 53%). the research staff consists mainly of economists and econometricians, next to some mathematicians and physicists. the number of staff ... , italy; and wifo, oesterreichisches institut fuer wirtschaftsforschung, vienna. charting cpb's course overview presentations were given-- 73 of which took place at international conferences and workshops. usually, the ...
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paper-flex-martin-2.pdf
... employment protection. past two decades, most oecd countries have reformed their system of employment protection mainly to increase the adaptability of their labour markets in response to growing pressures from ... employment. this implies that, each year, on average almost 15% of all job matches were destroyed but were offset by new matches with other firms and or with other workers within ...
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Microsoft Word - Holland 110111
... and firms facing recruitment problems. although there was an increasing inflow of migrant workers, there were clear signs of excess demand. this may in part have been strengthened by firms hoarding ... the 2000s there has thus been a clear cyclical pattern in the wage share, reflecting mainly some variations in labour productivity. figure 8 productivity and wage competitiveness note (a) hourly labour ...
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Microsoft Word - paper_flex_kramarz.doc
... justice is mainly dispensed by the prud'hommes which is the relevant jurisdiction to every labor dispute arising at the individual level in france. prud'hommes jurisdictions were spread all ... to the main activity of the firm agriculture, retail trade, manufacturing, and other activities (mainly services). a fifth section is dedicated to cases involving managers, engineers, and professionals ...
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Four Futures of the Netherlands
... formulating policy for such strategic questions is complicated, for a number of reasons. the questions mainly concern the long-term future. there is great uncertainty about the scale of future ... sector has always had a low productivity growth rate, because many services were characterised by personal interaction and were difficult to automate (consider the hairdresser as the standard example). the ...
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paper-flex-fitzenberger_0.pdf
... at workshops in berlin and freiburg. parts of this paper were written while dirk antonczyk was visiting the institute for research ... wage gap between young college- and high-school graduates is mainly driven by a slowdown in the growth of college graduates ... with high tenure. thus, new hirings, comprising disproportionately young workers, were affected to a large extent by the increase in inequality, ...
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