(AWE) QMI - Office for National Statistics
... of rates of pay and can be affected by changes in the composition of an enterprise’s workforce. AWE estimates are usually expressed as a level, in pounds per employee per week, which represents the month as a whole. AWE is calculated from returns to the Monthly Wages and Salaries Survey (MWSS), and ...
... of rates of pay and can be affected by changes in the composition of an enterprise’s workforce. AWE estimates are usually expressed as a level, in pounds per employee per week, which represents the month as a whole. AWE is calculated from returns to the Monthly Wages and Salaries Survey (MWSS), and ...
A Dynamic Model of Aggregate Demand and Aggregate Supply
... aggregate supply (DAD-DAS) determines both – real GDP (Y), and – the inflation rate (π) ...
... aggregate supply (DAD-DAS) determines both – real GDP (Y), and – the inflation rate (π) ...
Who Works for Whom? Worker Sorting in a Model of Entrepreneurship ∗
... entrepreneurial sector. First, the model generates a lower wage per unit of worker efficiency, as well as lower average worker earnings, in the entrepreneurial sector relative to the corporate sector. This difference is consistent with the observed firm age-worker earnings premium. In the model, highe ...
... entrepreneurial sector. First, the model generates a lower wage per unit of worker efficiency, as well as lower average worker earnings, in the entrepreneurial sector relative to the corporate sector. This difference is consistent with the observed firm age-worker earnings premium. In the model, highe ...
The Impact of Higher Interest Rates on the Cost of Servicing
... on debt interest payments (the “interest bite”). More revenue going to interest payments on the debt means less is available for programs that taxpayers value, such as health care and education, or tax relief. This study analyzes the budgetary implications of interest rate risks faced by governments ...
... on debt interest payments (the “interest bite”). More revenue going to interest payments on the debt means less is available for programs that taxpayers value, such as health care and education, or tax relief. This study analyzes the budgetary implications of interest rate risks faced by governments ...
Passthrough Efficiency in the Fed`s New Monetary Policy Setting
... to modify the SLR rule insofar as its application to U.S. government securities repos. 6. Many of these effects are likely to strengthen as the Fed raises its policy rates. Moreover, it is likely that the take-up at the Fed’s RRP facility will increase significantly once rates rise. ...
... to modify the SLR rule insofar as its application to U.S. government securities repos. 6. Many of these effects are likely to strengthen as the Fed raises its policy rates. Moreover, it is likely that the take-up at the Fed’s RRP facility will increase significantly once rates rise. ...
chapter 11
... purchase various goods and services. What are the functions that money is performing in this case? Answer: Since Sheena is using money as means to purchase goods and services, it is acting as a medium of exchange. Moreover, she receives her salary on the first of every month and spends it over the m ...
... purchase various goods and services. What are the functions that money is performing in this case? Answer: Since Sheena is using money as means to purchase goods and services, it is acting as a medium of exchange. Moreover, she receives her salary on the first of every month and spends it over the m ...
Markets Overview
... forecast of +0.7% and from 1.4% in 4Q 2015). This is the lowest reading since 1Q 2014. All sectors of the economy weakened except housing market (as spending on home purchases jumped nearly 15% in 1Q, the biggest advance since late 2102.) while consumer spending (which accounts for 70 % of economic ...
... forecast of +0.7% and from 1.4% in 4Q 2015). This is the lowest reading since 1Q 2014. All sectors of the economy weakened except housing market (as spending on home purchases jumped nearly 15% in 1Q, the biggest advance since late 2102.) while consumer spending (which accounts for 70 % of economic ...
Business Cycles and Public Finances
... items are determined on the basis of information on the taxation system and detailed revenue data in 2003. The elasticity of unemployment benefit expenditure to unemployment is assumed to be 1. The sensitivity of the budget items to their bases may change in the event of changes in the taxation syst ...
... items are determined on the basis of information on the taxation system and detailed revenue data in 2003. The elasticity of unemployment benefit expenditure to unemployment is assumed to be 1. The sensitivity of the budget items to their bases may change in the event of changes in the taxation syst ...
Cheon, Byung You, Chang, Jiyeun Hwang, Gyu Seong Shin, Jin
... Going through the financial crisis calling for economic restructuring, not only potential economic growth rate, but also population growth rate and fertility rate have decreased, which deteriorate performance of labour market. Moreover, employment was the most hard-hit by the financial crisis. While ...
... Going through the financial crisis calling for economic restructuring, not only potential economic growth rate, but also population growth rate and fertility rate have decreased, which deteriorate performance of labour market. Moreover, employment was the most hard-hit by the financial crisis. While ...
Poland
... public saving between 2015 and 2028 is projected to be negative. As the growth decomposition shows, TFP would contribute a vast 57 percent to growth in GDP per capita, and capital accumulation would contribute about 42 percent. This scenario assumes, however, that TFP will growth at the high pre-cri ...
... public saving between 2015 and 2028 is projected to be negative. As the growth decomposition shows, TFP would contribute a vast 57 percent to growth in GDP per capita, and capital accumulation would contribute about 42 percent. This scenario assumes, however, that TFP will growth at the high pre-cri ...
Oxera (2011) “Discount rates for low
... While the capital asset pricing model (CAPM) is the most commonly used method for estimating the cost of equity, in many instances it may not provide an accurate estimate of firms’ or investors’ required returns (‘hurdle rates’), for a number of reasons: its underlying assumptions may not be appropr ...
... While the capital asset pricing model (CAPM) is the most commonly used method for estimating the cost of equity, in many instances it may not provide an accurate estimate of firms’ or investors’ required returns (‘hurdle rates’), for a number of reasons: its underlying assumptions may not be appropr ...
The Political Economy of Public Debt in Brazil
... This paper studies the behavior of public debt management in Brazil since the early eighties. Our focus is on the political economy aspects and the conflict of interest among the players directly or indirectly engaged in public debt policy in this country. Apart from introduction and concluding rema ...
... This paper studies the behavior of public debt management in Brazil since the early eighties. Our focus is on the political economy aspects and the conflict of interest among the players directly or indirectly engaged in public debt policy in this country. Apart from introduction and concluding rema ...
Chapter 24 Monetary and Fiscal Policy in the ISLM Model
... to the right. (b) increases consumption expenditure by increasing disposable income, thereby shifting the LM curve to the right. (c) increases consumption expenditure by increasing disposable income, thereby shifting the IS curve to the right. (d) decreases consumption expenditure by reducing dispos ...
... to the right. (b) increases consumption expenditure by increasing disposable income, thereby shifting the LM curve to the right. (c) increases consumption expenditure by increasing disposable income, thereby shifting the IS curve to the right. (d) decreases consumption expenditure by reducing dispos ...
expected returns
... Shortages and capacity constraints: this may all sound like an unlikely scenario given the current 11% European unemployment rate. Although this may indeed be the mindset of many Europe-based institutional investors, there are a number of developments to keep in mind. First, although European unempl ...
... Shortages and capacity constraints: this may all sound like an unlikely scenario given the current 11% European unemployment rate. Although this may indeed be the mindset of many Europe-based institutional investors, there are a number of developments to keep in mind. First, although European unempl ...
Interest Rates and Their Role in the Economy during Transition. The
... developed and tested in, say, developed country with established financial and credit market with low level of inflation, may not always be appropriate when they are applied to transition, inflationary or other economy. Moreover, using different methods and models, economists may reach different con ...
... developed and tested in, say, developed country with established financial and credit market with low level of inflation, may not always be appropriate when they are applied to transition, inflationary or other economy. Moreover, using different methods and models, economists may reach different con ...
Private Debt Overhang and the Government Spending Multiplier
... New-Keynesian model, deficit-financed increases in government purchases generate a negative wealth effect that induces a reduction in consumption of intertemporal maximizing households. This crowding-out effect of government spending vanishes for households that do not participate in the financial mar ...
... New-Keynesian model, deficit-financed increases in government purchases generate a negative wealth effect that induces a reduction in consumption of intertemporal maximizing households. This crowding-out effect of government spending vanishes for households that do not participate in the financial mar ...
How to Retire Happy: The 12 Most Important Decisions You Must
... this book gives is good: the longer you wait (up to age 70), the larger the check you’ll receive. While Social Security is designed to provide a minimal standard for retirement income, its stream of benefits can be estimated to have a capital value of some $300,000 at age 70. That value is even bett ...
... this book gives is good: the longer you wait (up to age 70), the larger the check you’ll receive. While Social Security is designed to provide a minimal standard for retirement income, its stream of benefits can be estimated to have a capital value of some $300,000 at age 70. That value is even bett ...
8 - Weber State University
... A) how business changes its markups when output varies. B) whether the expansionary force in the economy is coming through monetary policy or fiscal policy. C) the percentage of GDP that is sold on auction markets. D) Both A and C. 16) The variable p(e) represents A) the inflation rate that workers ...
... A) how business changes its markups when output varies. B) whether the expansionary force in the economy is coming through monetary policy or fiscal policy. C) the percentage of GDP that is sold on auction markets. D) Both A and C. 16) The variable p(e) represents A) the inflation rate that workers ...
Exchange Rates - Carleton University
... The nominal exchange rate is simply the price of one currency in terms of another 1 . Any trade between two countries involves the exchange of currency; this enables one country to purchase goods from another country. Due to the necessity of exchanging currency, a foreign exchange market exists. It ...
... The nominal exchange rate is simply the price of one currency in terms of another 1 . Any trade between two countries involves the exchange of currency; this enables one country to purchase goods from another country. Due to the necessity of exchanging currency, a foreign exchange market exists. It ...
ESRB 2014 - European Systemic Risk Board
... Models (EWMs). These models identify indicators that signal economic vulnerabilities sufficiently early to enable policy-makers to take appropriate action in order to avoid crises or mitigate their severity. EWMs were first developed in the 1990s following currency crises in emerging market economie ...
... Models (EWMs). These models identify indicators that signal economic vulnerabilities sufficiently early to enable policy-makers to take appropriate action in order to avoid crises or mitigate their severity. EWMs were first developed in the 1990s following currency crises in emerging market economie ...
NATIONAL BANKSHARES INC
... directors at the Annual Meeting, the number of directors set forth in the by-laws is nine. The current term of office of the Class 1 directors expires at this 2015 Annual Meeting of Stockholders. The terms of Class 2 and Class 3 directors will expire in 2016 and 2017, respectively. The Board of Dire ...
... directors at the Annual Meeting, the number of directors set forth in the by-laws is nine. The current term of office of the Class 1 directors expires at this 2015 Annual Meeting of Stockholders. The terms of Class 2 and Class 3 directors will expire in 2016 and 2017, respectively. The Board of Dire ...
Weekend Effect of Stock Returns in the Indian Market
... In an ordinary week that does not contain any holidays, stocks purchased on a particular day will have to be paid by the end of next two trading days. So stocks purchased on business days other than Thursday and Friday give the buyer two calendar days before losing funds for stock purchases. These t ...
... In an ordinary week that does not contain any holidays, stocks purchased on a particular day will have to be paid by the end of next two trading days. So stocks purchased on business days other than Thursday and Friday give the buyer two calendar days before losing funds for stock purchases. These t ...
Ironbark Waverton Concentrated Global Share Fund
... June), and are normally paid to investors within 14 days of the period end. The Constitution allows up to two months from the end of the relevant distribution period. Subject to the law, Ironbark may change the distribution frequency without notice. An investor’s share of any distributable income is ...
... June), and are normally paid to investors within 14 days of the period end. The Constitution allows up to two months from the end of the relevant distribution period. Subject to the law, Ironbark may change the distribution frequency without notice. An investor’s share of any distributable income is ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research
... Monetary change in this' period was due primarily to two factors. One was the reduction in the government's borrowing from the banking system, which was associated with a reduction of the government's excess demand. This reduction may be seen in the data on the government's internal debt (column 1), ...
... Monetary change in this' period was due primarily to two factors. One was the reduction in the government's borrowing from the banking system, which was associated with a reduction of the government's excess demand. This reduction may be seen in the data on the government's internal debt (column 1), ...
Improving portfolio efficiency with absolute
... In addition, as Figure 8 illustrates, during the shorter time period of December 31, 2008, through December 31, 2013, an investor who maintained a 60% equity and 40% fixed-income allocation would have generated an excess return of 12.12%, with annualized volatility of about 9.90%, resulting in a Sha ...
... In addition, as Figure 8 illustrates, during the shorter time period of December 31, 2008, through December 31, 2013, an investor who maintained a 60% equity and 40% fixed-income allocation would have generated an excess return of 12.12%, with annualized volatility of about 9.90%, resulting in a Sha ...