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Pay settlements and average earnings outline
Pay settlements and average earnings outline

... the living wage on their own initiative. A UNISON Freedom of Information survey covering local government, the NHS, universities, further education colleges and police authorities that drew over 900 responses found that 51% of employers across these sectors already pay at least the living wage to t ...
Viewpoint on Executive Compensation
Viewpoint on Executive Compensation

... beginning  after  December  15,  2015.    The  objective  of  this  change  by  FASB  is  to  simplify  income   statement  presentation  requirements  in  Subtopic  225-­‐20  (Income  Statement  –  Extraordinary  and   Unusual  Items).   ...
click here [1] - University of Kent
click here [1] - University of Kent

... In the …ve months immediately following the collapse of Lehman Brothers the Bank of England’s Monetary Policy Committee (MPC) cut Bank Rate aggressively from 5% to just 0.5% by March 2009. Even coupled with a large depreciation of sterling and a …scal stimulus, conventional interest rate policy seem ...
Why does the investment rate do not increase? Capital
Why does the investment rate do not increase? Capital

... main driving forces of economic growth. The starting point to shed some light on the reasons why the Brazilian economy has lost its vigour is to assume that short-term stabilization polices relying on interest rate as the main instrument to control inflation have long-run effects on the level of out ...
Public Debt Monitor, 2017-1
Public Debt Monitor, 2017-1

... The debt-to-GDP ratio for the General Government sector dropped four tenths of a percentage point in 2016 up to the target of 99.4%. However, in nominal terms public indebtedness has reached a new historic annual peak. Moreover, the legal requirement for a yearly reduction of at least 2% of GDP has ...
Macroeconomics, 6e (Abel et al.) Chapter 2 The Measurement and
Macroeconomics, 6e (Abel et al.) Chapter 2 The Measurement and

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Sovereign wealth funds for macroeconomic purposes
Sovereign wealth funds for macroeconomic purposes

... government spending of petroleum revenues, which could have destroyed internationally competitive sectors and triggered oil-price driven macroeconomic instability. Another purpose of the Fund is to act as a future generations fund. As in most other OECD countries, government spending is expected to ...
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Malaysia- Budget focused on fiscal and economic sustainability

... Overall, we believe the Government has provided some reasonable compensation packages to ease the GST burden on low and medium income households in Budget 2015, and will likely look at ways to increase the disposable income of households going forward. Economic distortion from GST will likely be man ...
Research and Monetary Policy Department Working Paper  No:07/04
Research and Monetary Policy Department Working Paper No:07/04

... ongoing normalization process of the economy, thanks to continued fiscal prudence. Interest rate pass-through The main policy instrument of inflation targeters is short-term interest rates. In fact, there is a consensus in the literature that aggregate demand depends more on long-term rates than sho ...
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“Exchange rate movements in the presence of the zero lower bound”

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6. Public Finance

... were annulled by Law No. 6360. On the other hand, privatization revenues, which were 2.3 billion TL during January-March 2014 period, amounted to 1.6 billion TL in the first quarter of 2015. Having turned positive amid tax hikes in September 2012 as well as the base effect, the annual rate of change ...
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Slide 1

... average citizen that can read and write. Also shows the percentage of the total population that can read and write. This essentially shows the accessibility of education to the public and if its expensive or not. If the poverty rate is high but there is still a good amount of educated, then there ...
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FISCAL POLICY IN THE IS

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PPT

... – All accounts = percent of total assets (%TA) • Common-Size Income Statements – All line items = percent of sales or revenue (%SLS) • Standardized statements are useful for: – Comparing financial information year-to-year – Comparing companies of different sizes, particularly within the same industr ...
Final Exam Review Questions and Answers: Lecture W8 (Aggregate
Final Exam Review Questions and Answers: Lecture W8 (Aggregate

... 17. What is fiscal policy? What are the tools of fiscal policy? Fiscal policy is the policy that use by the government for revenue collection (taxation) and expenditure (spending) to achieve the macroeconomic goals namely sustained economic growth and full employment. The tools of fiscal policy are ...
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PDF Download

... available across sectors. Although many countries have systemic guarantees in place, it is practically impossible to document their existence directly. Systemic guarantees are not limited to promises to hand out a bailout payment to lenders in case of default. More generally, guarantees are implici ...
understandingyourpaycheck ppt
understandingyourpaycheck ppt

PDF Download
PDF Download

... capita terms, it is necessary to have b = 1 in order for the trajectory of the debt to GDP not to diverge in an infinite horizon. Quintos (1995) and Ahmed and Rogers (1995) further discuss the necessary conditions for sustainability in terms of the order of integration of public debt. 7 Notice that ...
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Economic insecurity in South Asia

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Solutions to Assignment 2

... propensity to consume MPC. When taxes do depend on income, a one-dollar increase in income means that disposable income increases by only (1 – t) dollars. Consumption increases by the product of the MPC and the change in disposable income, or (1 – t)MPC. This is less than the MPC. The key point is t ...
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ADBI Working Paper Series

... later, the collapse of Lehman Brothers in September 2008 and the global financial crisis threatened the entire world economy. In March 2011, a catastrophic earthquake and tsunami struck northeastern Japan. Japan’s government budget deficit-to-GDP ratio breached 200% in 2010, mainly because of the hi ...
Chapter 9 - Tamu.edu
Chapter 9 - Tamu.edu

... liabilities. It is computed by dividing current assets by current liabilities. For example, assuming current assets of $200,000 and current liabilities of $100,000, the current ratio would be $200,000/$100,000 = 2.0 (for each dollar of current liabilities there are two dollars of current assets). Th ...
Who is Better Able to Get Protection?
Who is Better Able to Get Protection?

... would increase by more than it would if protection were given to the second industry instead. Given that ŵ1 is likely to exceed ŵ2, does this mean that the return to capital in the first industry may not increase as much as it would in the second industry? No. It can easily be the case that compar ...
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Municipal Bond Fund Report

... The Bloomberg Barclays Municipal Bond Index is an unmanaged index composed of long-term tax-exempt bonds with a minimum credit rating of Baa. You cannot invest directly in an index. The Lipper averages are compiled by Lipper, Inc., an independent mutual fund research and rating service. Each Lipper ...
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Chapter 2 RESOURCES: TRENDS AND

... 2.11 In the years following the economic reforms, there were significant changes in structure of taxes. Wider coverage, broad base and moderate rates became the cornerstone of the new tax regime. There was also a shift from commodity-based taxation to less distortionary income based taxation. This s ...
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Pensions crisis

The pensions crisis is a predicted difficulty in paying for corporate, state, and federal pensions in the United States and Europe, due to a difference between pension obligations and the resources set aside to fund them. Shifting demographics are causing a lower ratio of workers per retiree; contributing factors include retirees living longer (increasing the relative number of retirees), and lower birth rates (decreasing the relative number of workers, especially relative to the Post-WW2 Baby Boom). There is significant debate regarding the magnitude and importance of the problem, as well as the solutions.For example, as of 2008, the estimates for the underfunding of U.S. states' pension programs range from $1 trillion using the discount rate of 8% to $3.23 trillion using U.S. Treasury bond yields as the discount rate. The present value of unfunded obligations under Social Security as of August 2010 was approximately $5.4 trillion. In other words, this amount would have to be set aside today such that the principal and interest would cover the program's shortfall between tax revenues and payouts over the next 75 years.Some economists question the concept of funding, and, therefore underfunding. Storing funds by governments, in the form of fiat currencies, is the functional equivalent of storing a collection of their own IOUs. They will be equally inflationary to newly written ones when they do come to be used.Reform ideas are in three primary categories: a) Addressing the worker-retiree ratio, via raising the retirement age, employment policy and immigration policy; b) Reducing obligations via shifting from defined benefit to defined contribution pension types and reducing future payment amounts (by, for example, adjusting the formula that determines the level of benefits); and c) Increasing resources to fund pensions via increasing contribution rates and raising taxes.
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