• Study Resource
  • Explore Categories
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
chapter eleven - McGraw Hill Higher Education
chapter eleven - McGraw Hill Higher Education

... b) Government spending: 145. After 6 years the government has an accumulated deficit of – 5. Therefore to balance the budget over the 7-year cycle it needs a surplus of 5 in year 7. Since its predicted revenues are $150 (25% x $600), it needs to budget for spending of 145. c) Change in tax rate: 0.8 ...
The demand for loanable funds
The demand for loanable funds

... Suppose that the government decided to reduce deficit spending by funding government spending by increasing taxes and reduce borrowing. In this case the supply of bonds decreases (the government will not be issuing as many of them), bond prices increase and market interest rates decrease. If interes ...
Uneven Gains and Unbalanced Burdens? Three Decades of
Uneven Gains and Unbalanced Burdens? Three Decades of

... fit, and least globally engaged, shrinks (and shrinks faster than it used to). In the United States, that population of insular Americans is still quite large. At the level of firms and workers, models of this effect of global engagement5 show the following:  Increased global market opportunities—d ...
Governance, Transparency and Good Portfolio Management
Governance, Transparency and Good Portfolio Management

... 1. Resource constrained: financial (budget) and staffing 2. “In public eye”: decisions are reviewed publicly 3. Need to demonstrate that decisions not political; need to show financial impact of political constraints 4. Good governance and transparency critical ...
First Release In 2014 non-financial corporations almost doubled the
First Release In 2014 non-financial corporations almost doubled the

... million (7.0% of GDP) and was 61% higher than in the previous year. The size of the surplus was mainly influenced by the growth in exports of goods and services. Due to the growth in exports, which was 2.8 percentage points higher than the growth in imports, the balance of goods and services increas ...
The Causes, Solution and Consequences of the 1997
The Causes, Solution and Consequences of the 1997

... problem of co-existence of fixed exchange rate regime and liberalized capital flows minimal exchange rate risk for foreign capital positive interest-rate differential (Czech real interest rates higher than in other transition countries) increasing ratio of short-term capital on the financial account ...
Group Schemes Savings Portfolio
Group Schemes Savings Portfolio

... Although every effort has been made to present information consistent with your contract, the terms and conditions in your contract will apply where these differ from this guide. Old Mutual has also prepared a more detailed official document on its Principles and Practices of Financial Management (P ...
Chapter 9 M G F
Chapter 9 M G F

... back up. Assets were also growing at a lower rate than the fiscal liabilities. Overall buoyancy of assets during 1985-2006 was 0.73 indicating that for each one per cent increase in liabilities, assets had grown only at 0.73 per cent. Buoyancy of assets continued to decelerate from VIII Plan period ...
Chapter 23 Fiscal Policy
Chapter 23 Fiscal Policy

... 1. a. Probably not. The government is aware of the economic impact of the deficit, but its spending program and not the economic impact of the deficit is its primary consideration. b. If government spending falls, or taxes rise, we expect the level of income to fall. c. If MPS is 1/3 and government ...
4.5 Applications of Exponential Functions
4.5 Applications of Exponential Functions

... interest of a principal deposit, loan or debt. Compounding of interest allows a principal amount to grow at a faster rate than simple interest, which is calculated as a percentage of only the principal amount. ...
Risk Analysis - Purdue Agriculture
Risk Analysis - Purdue Agriculture

... outcomes that reduce return on an investment ...
Charity Finance Group Policy Briefing Budget 2016
Charity Finance Group Policy Briefing Budget 2016

... Continuing a trend set in earlier years, the Chancellor announced that the tax-free personal allowance for individuals is to increase again next year. This means that more individuals on low incomes, such as pensioners, will not pay any tax at all. For charities, a reduction in the numbers of taxpay ...
Investment, Human Capital and Growth Kevin Murphy, PhD’86 January 17, 2013
Investment, Human Capital and Growth Kevin Murphy, PhD’86 January 17, 2013

... Potential Pitfalls • Behavioral change is not free – people value behavior as well as health – people value eating and even smoking • Behavioral change that mitigates gains in longevity does not diminish the value of progress and maybe increases it • Behavioral factors increase in importance as car ...
Income_Approach.pps - Lindbergh School District
Income_Approach.pps - Lindbergh School District

... • Subtracting from NI, losses to income (Social Security contribution, corporate profits and retained earnings) • Adding to NI a source of income (transfer payments) ...
fiscal reforms from 2001 to 2005
fiscal reforms from 2001 to 2005

... • Gross wages (net) taxation system was introduced with personal income tax rate of 14% (in 2001) • A unique minimal basis for contributions was introduced - 40% of gross wage (previously 7 basis) from previous quarter (in 2004) • Payroll tax by employer of 3.5% was abolished (in 2004) • Contributio ...
Plan for life TM - VIP Room
Plan for life TM - VIP Room

... expectations of older workers (near-retirees aged 45-59 were surveyed). ...
Loanable Funds
Loanable Funds

... spending more than receiving in Taxes. (dissavings) ▪ Budget surplus – Government savings is positive. We are spending less than we are receiving in Taxes. ▪ Balanced Budget – Government savings is 0 ...
Two Ways to Calculate the Rate of Return on a Portfolio
Two Ways to Calculate the Rate of Return on a Portfolio

... same amounts. Their TIME-weighted rates of return were exactly the same. But one had a gain and the other a loss. How then does an investor evaluate the different rates of return? Which rate of turn is right? Which is best? Actually there is no right or wrong or best – they just have different meani ...
Vector Autoregressions
Vector Autoregressions

Country ratings: Initial Considerations
Country ratings: Initial Considerations

... – Impact of recession on exports expected to be high in Guyana, Honduras, Mauritania, Chad and the Republic of Congo. – Reserves are low in many of those HIPC countries that have not reached the completion point, yet. – The Fiscal positions are challenging in many HIPCs including those that have alr ...
2002-5
2002-5

... physical asset. In stock terms, a balanced budget in accrual accounting terms is equivalent to the maintenance of constant ‘net worth’ (Robinson 1998:448). ...
MANAGING THE ECONOMY WITH MONETARY POLICY
MANAGING THE ECONOMY WITH MONETARY POLICY

... Firms may put their money for Friday’s payroll into short term bonds or Treasury bills until Thursday afternoon. As firms buy bonds and Treasury bills, they push the price of them up. That pushes the interest rate down. As the interest rate falls, firms and people are more willing to hold cash. The ...
Repo, Reverse Repo, CRR, SLR, Inflation and Deflation
Repo, Reverse Repo, CRR, SLR, Inflation and Deflation

... CPI is a fixed quantity price index and considered by some a cost of living index. Under CPI, an index is scaled so that it is equal to 100 at a chosen point in time, so that all other values of the index are a percentage relative to this one. ...
During August 2012, company produced and sold 3000 boxes of
During August 2012, company produced and sold 3000 boxes of

... avoidedby buying are both variable costs as well as fixed costs. So, the total costs assume the character of variable costs. Costs that can be saved are ...
Click here to the 2008 Macro FRQ
Click here to the 2008 Macro FRQ

< 1 ... 204 205 206 207 208 209 210 211 212 ... 371 >

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.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report