NBER WORKING PAPER SERIES SOCIAL SECURITY AND TRUST FUND MANAGEMENT Takashi Oshio
... sustain the trust fund at a certain level, they have to give up an opportunity to pay lower taxes or receive higher benefits. Indeed, the MHLW plans to continue raising the tax rate over the next decades, albeit with the trust fund at hand at a high level. More and more politicians and economists no ...
... sustain the trust fund at a certain level, they have to give up an opportunity to pay lower taxes or receive higher benefits. Indeed, the MHLW plans to continue raising the tax rate over the next decades, albeit with the trust fund at hand at a high level. More and more politicians and economists no ...
Focus on Risk Adjusted Returns
... Given the option to add hedge funds to your portfolio, investors should be aware of the particular risk and return benefits to assess when analysing them. “Hedge funds are less constrained than long only investment products and incorporate additional investment strategies such as gearing, scrip borr ...
... Given the option to add hedge funds to your portfolio, investors should be aware of the particular risk and return benefits to assess when analysing them. “Hedge funds are less constrained than long only investment products and incorporate additional investment strategies such as gearing, scrip borr ...
Budget Speech 2011 - Government of Seychelles
... collection for Other Taxes is anticipated mainly on account of an increase in Stamp Duty collection. Dividend from our Investments is expected to be 128% above estimates on account of higher dividends combined from Nouvobanq and Indian Ocean Tuna. ...
... collection for Other Taxes is anticipated mainly on account of an increase in Stamp Duty collection. Dividend from our Investments is expected to be 128% above estimates on account of higher dividends combined from Nouvobanq and Indian Ocean Tuna. ...
answers to "do you understand" text questions
... rates, and indexed rates in lending agreements. Anticipating open market operations efforts might also be used as a speculative venture. DO YOU UNDERSTAND? 1. Describe the likely consequences for GDP growth when the FOMC directs the trading desk at the New York Fed to sell Treasury securities. Solut ...
... rates, and indexed rates in lending agreements. Anticipating open market operations efforts might also be used as a speculative venture. DO YOU UNDERSTAND? 1. Describe the likely consequences for GDP growth when the FOMC directs the trading desk at the New York Fed to sell Treasury securities. Solut ...
Financial Intermediation Services Indirectly Measured (FISIM)
... Revisions to non-resident FISIM will be predominantly downwards across the period. These are for the most part driven by the exclusion of interbank FISIM FI business. As outlined in section 3.2.1, export FISIM is currently calculated on business with all non-resident FIs, while the new methodology w ...
... Revisions to non-resident FISIM will be predominantly downwards across the period. These are for the most part driven by the exclusion of interbank FISIM FI business. As outlined in section 3.2.1, export FISIM is currently calculated on business with all non-resident FIs, while the new methodology w ...
Talk: Exchange Rates
... The exchange rate can move for many other reasons than changes in the domestic interest rate. Expectations play a large role in the determination of the exchange rate. Flexible exchange rate may be subject to large fluctuations which, in turn, require large movements in the interest rate which can m ...
... The exchange rate can move for many other reasons than changes in the domestic interest rate. Expectations play a large role in the determination of the exchange rate. Flexible exchange rate may be subject to large fluctuations which, in turn, require large movements in the interest rate which can m ...
FISCAL POLICY LEVERS INTRODUCTION TAXES AND
... Fiscal policy is somewhat hampered because it takes time to recognize that a problem exists and then formulate policy to address the problem. In addition, the very nature of the macro problems could change if the economy is hit with other internal or external shocks. ...
... Fiscal policy is somewhat hampered because it takes time to recognize that a problem exists and then formulate policy to address the problem. In addition, the very nature of the macro problems could change if the economy is hit with other internal or external shocks. ...
PowerPoint-presentasjon
... reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forwardlooking statements as a result of various factors. Important factors that may c ...
... reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Accordingly, results could differ materially from those set out in the forwardlooking statements as a result of various factors. Important factors that may c ...
Finland - European Commission
... low inflation and low growth environment, the strategy of restoring cost competitiveness through low wage adjustments has had only a limited effect. On 29 February 2016, the central labour market organisations reached an agreement, refered to as the Competitiveness Pact, to increase, from 2017, annu ...
... low inflation and low growth environment, the strategy of restoring cost competitiveness through low wage adjustments has had only a limited effect. On 29 February 2016, the central labour market organisations reached an agreement, refered to as the Competitiveness Pact, to increase, from 2017, annu ...
A positive analysis of immigration policy
... agents receive an unemployment benefit which is financed by contributory taxes and is proportional to the wage level. Entrepreneurs support migration as this reduces wages and increases employment and profits while (unskilled) workers would rather restrict immigrants inflows5 . We first investigate ...
... agents receive an unemployment benefit which is financed by contributory taxes and is proportional to the wage level. Entrepreneurs support migration as this reduces wages and increases employment and profits while (unskilled) workers would rather restrict immigrants inflows5 . We first investigate ...
Outline SNA 2008 Changes Impact on GDP 1 Key Considerations in Implementing SNA 2008
... • For example, loans of own funds and other forms of equity will only generate high output as interest payable is nil. • Money lenders output ...
... • For example, loans of own funds and other forms of equity will only generate high output as interest payable is nil. • Money lenders output ...
Outline of Lecture 1 – Basic Economics Concepts
... Stock market booms households become wealthier consumer spending It becomes attractive for firms to issue new shares of stock Investment spending Since one of the central bank’s goals is to stabilize AD The central bank may lower the supply of money & raise the interest rates Stocks be ...
... Stock market booms households become wealthier consumer spending It becomes attractive for firms to issue new shares of stock Investment spending Since one of the central bank’s goals is to stabilize AD The central bank may lower the supply of money & raise the interest rates Stocks be ...
Fiscal Policy Explained Fiscal policy is the use of government
... economists recommend changes in fiscal policy in response to economic conditions—so-called discretionary fiscal policy—as a way to moderate business cycle swings. These suggestions are most frequently heard during recessions, when there are calls for tax cuts or new spending programs to “get the eco ...
... economists recommend changes in fiscal policy in response to economic conditions—so-called discretionary fiscal policy—as a way to moderate business cycle swings. These suggestions are most frequently heard during recessions, when there are calls for tax cuts or new spending programs to “get the eco ...
Short–Run Effects of Fiscal Policy with Forward–Looking Financial
... raditional analyses of fiscal policy imply that raising gov– ernment spending or reducing taxes stimulates economic activity in the short run. However, an alternative view developed by Blanchard (1984) and Branson (1985) emphasizes that such policies also induce responses in capital markets that ten ...
... raditional analyses of fiscal policy imply that raising gov– ernment spending or reducing taxes stimulates economic activity in the short run. However, an alternative view developed by Blanchard (1984) and Branson (1985) emphasizes that such policies also induce responses in capital markets that ten ...
FAQs ON INVESTMENT REGULATIONS
... determine the scheme’s compliance with the regulations. So long as the assets that underly these funds comply with the diversification and regulated market requirements, the investment in the insurance policy will be deemed to satisfy those same requirements. Thus, for instance, a typical managed fu ...
... determine the scheme’s compliance with the regulations. So long as the assets that underly these funds comply with the diversification and regulated market requirements, the investment in the insurance policy will be deemed to satisfy those same requirements. Thus, for instance, a typical managed fu ...
An IS-LM Model for a Closed Economy in a Stock
... increasing or decreasing. Thus net investment may be positive, so that the capital stock is increasing. Savings may be positive, so that household net worth is increasing. Yes, the government deficit may be positive, so that public debt, in some form monetary or non-monetary, is increasing. These st ...
... increasing or decreasing. Thus net investment may be positive, so that the capital stock is increasing. Savings may be positive, so that household net worth is increasing. Yes, the government deficit may be positive, so that public debt, in some form monetary or non-monetary, is increasing. These st ...
LCcarG778_en.pdf
... St. Vincent and the Grenadines' positive result is linked with tax measures to raise government revenues and the containment of current expenditure which will outstrip the expansion of capital expenditures, due to the implementation of the country’s public sector investment programme. ...
... St. Vincent and the Grenadines' positive result is linked with tax measures to raise government revenues and the containment of current expenditure which will outstrip the expansion of capital expenditures, due to the implementation of the country’s public sector investment programme. ...
VNP – Chương trình duy nhất cấp bằng MDE tại Việt Nam YÊU CẦU
... D. If the nominal interest rate is 4 percent and the inflation rate is 3 percent, then the real interest rate is 7 percent. Q. 19: An associate professor of economics gets a $100 a month raise. She figures that with her current monthly salary she can't buy as many goods as she could last year. A. He ...
... D. If the nominal interest rate is 4 percent and the inflation rate is 3 percent, then the real interest rate is 7 percent. Q. 19: An associate professor of economics gets a $100 a month raise. She figures that with her current monthly salary she can't buy as many goods as she could last year. A. He ...
PDF Download
... only for the medium run, but also for the short run, as questions about debt sustainability would undercut the near-term effectiveness of policy through adverse effects on financial markets, interest rates, and consumer spending. ...
... only for the medium run, but also for the short run, as questions about debt sustainability would undercut the near-term effectiveness of policy through adverse effects on financial markets, interest rates, and consumer spending. ...
doc
... every topic from here on in. It is quite general and applicable to all business decisions. Understanding present values is the key to understanding the difference between stocks and flows, wealth and income. Present values are the basis for making investment decisions, project appraisal, and costben ...
... every topic from here on in. It is quite general and applicable to all business decisions. Understanding present values is the key to understanding the difference between stocks and flows, wealth and income. Present values are the basis for making investment decisions, project appraisal, and costben ...
Demography, National Savings and International Capital Flows
... national savings and investment rates? And how will these variables—and hence the pace of capital formation—be affected by the even more dramatic changes expected for the decades to come?3 This paper undertakes an econometric investigation of the links between national age distributions and savings ...
... national savings and investment rates? And how will these variables—and hence the pace of capital formation—be affected by the even more dramatic changes expected for the decades to come?3 This paper undertakes an econometric investigation of the links between national age distributions and savings ...
“Multiplied”? - Cloudfront.net
... 2. Contractionary or Expansionary needed? 3. What are two options to fix the gap? 4. How much initial government spending is needed to close gap? AD1 ...
... 2. Contractionary or Expansionary needed? 3. What are two options to fix the gap? 4. How much initial government spending is needed to close gap? AD1 ...
Target Date Funds Can Help Investors Diversify
... To achieve its objective, a target date fund moves along a glide path that adjusts its portfolio over time, away from an asset allocation that may be considered riskier to one that is intended to be more conservative. In fact, the fund continues along its glide path after the target date – in many c ...
... To achieve its objective, a target date fund moves along a glide path that adjusts its portfolio over time, away from an asset allocation that may be considered riskier to one that is intended to be more conservative. In fact, the fund continues along its glide path after the target date – in many c ...
