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Slide 1
Slide 1

... Source: Keeping the Promise, based on data from AIOS, FIAP (data for Colombia). Note: Information for Colombia refers only to the mandatory pension fund system. ...
Business Factor Tax
Business Factor Tax

... Extend 6% corporate income tax to business income with a possible exemption of $250,000raises $550-$700 million Retain a 0.1% gross receipts tax on all businessraises $250 million Impose a tax on selected services such as sports tickets and service contracts Provide a $20,000 pension exemption for i ...
Practice MCQs: If a shift in the AD curve has no impact on the price
Practice MCQs: If a shift in the AD curve has no impact on the price

Macroeconomic Controversies
Macroeconomic Controversies

... population changes ...
Unemployment - Alvinisd.net
Unemployment - Alvinisd.net

... Discouraged workers-do not have jobs, can work but are not really looking for work within the past 4 weeks. Full time-35 or more hours per week Part time-under 35 hours per week Involuntary part time-looking for a full time job, but are employed part time ...
Powerpoint on Deficits, Debt and LR Issues
Powerpoint on Deficits, Debt and LR Issues

... • We need to raise taxes by 4% (under the optimistic scenario) – And by more with (a) greater longevity and (b) higher healthcare expenses, both looking likely ... and don’t you want (a) longevity?! ...
Macroeconomics: Fiscal Policy
Macroeconomics: Fiscal Policy

... during a surplus period as revenues from taxes will be high (and temporary tax cuts can be retired), there will be less transfer payments (EI), & government expenditure can be reduced. This is called countercyclical fiscal policy. In the long term (over a period of years), the government’s budget s ...
OITNueva_ING
OITNueva_ING

... • A key role will be played in this crisis by the protection of domestic consumption, which means protecting jobs, the purchasing power of wages, and income levels. ...
Thoughts on the Econalypse
Thoughts on the Econalypse

... Source: BLS ...
Quarterly Market Letter
Quarterly Market Letter

... it was 4.8%. Another example, according to Bloomberg, the California Public Employees’ Retirement System, the largest U.S. pension fund, has missed its 7.5% target for five of the last ten fiscal years. While CALPERS has averaged 7.8% over twenty years, it has returned only 6.2% over the ten years e ...
Venzuela_en.pdf
Venzuela_en.pdf

... Fiscal policy remained expansionary in 2007, as it had been in recent years, although at a more moderate level. In the period from January to August 2007, central government current expenditure rose by 12.8% (56.2% for the same period in 2006), while revenue was up by 13.8% (43.5% for the same perio ...
Really Fun Worksheet
Really Fun Worksheet

... Question 8 If we know the exchange rate between Country A’s currency and Country B’s currency, and we know the exchange rate between Country B’s currency and Country C’s currency, then we can compute the exchange rate between Country A’s currency and Country C’s currency. (Assume PPP holds.) (Next C ...
FinalJanuaryEdition2001
FinalJanuaryEdition2001

... Under the MSA concept, eligible persons (self-employed individuals, and employees of employers with 50 or fewer employees) were allowed to purchase high-deductible health plans to contribute on a tax-free basis to medical expense reimbursement accounts. A two-year extension of the program is include ...
Slide 1
Slide 1

... consistently, extending in early 2008 to the property, consumer credit such as motorbike loans and credit cards. ...
Click Here for the Final Exam Jeopardy Review Game 2
Click Here for the Final Exam Jeopardy Review Game 2

... Theme ...
Economic Survey of Brazil, 2001 Summary Brazil has made
Economic Survey of Brazil, 2001 Summary Brazil has made

... young population, and is above the OECD average. This drains resources away from other areas, such as much needed social investment in health and education. Recent reform of the general regime have gone a long way to ensuring a fair, equitable and transparent pension scheme, available to all workers ...
3.3 E Poor Investment Decisions
3.3 E Poor Investment Decisions

... For example, a mortgage on buildings may be taken out at a variable rate of 6% per annum. When the bank increases or decreases the interest rate, the business’s interest expense will increase or decrease accordingly. Loans and mortgages may be taken out with fixed rates which guarantee the interest ...
To the Recent Developments in Word Document
To the Recent Developments in Word Document

PRESENTATION -
PRESENTATION -

... Fiscal consolidation –2 billion euros of savings • In order to stabilise the public debt by 2017, the deficit must be reduced to below 1 billion euros (from the current amount exceeding 2.6 billion euros) – However, some expenditures will be growing: payment of interests (as long as there is a grow ...
PDF Download
PDF Download

... outstanding, and were put under bond issuance restrictions by the central government. Second, Government saving has declined since the early to some of the public investment funds provided by the mid-1990s, with tax reductions supporting aggrestimulus packages remained unused because of gate demand ...
Word
Word

... year 2005. The energy intensity ratio is determined by dividing the gross inland consumption by the GDP. Since gross inland consumption is measured in kgoe (kilogram of oil equivalent) and GDP in 1 000 EUR, this ratio is measured in kgoe per 1 000 EUR. Table 28-20. Electricity generated from renewab ...
Portsmouth PowerPoint Presentations
Portsmouth PowerPoint Presentations

... SOURCE: Data from the Department of Treasury, 2009 Financial Report of the United States Government. Compiled by PGPF. NOTE: Numbers may not add due to rounding. Estimates for Medicare and Social Security benefits are from the Social Security and Medicare Trustees reports, which are as of January 1, ...
UK Total Rewards Overview
UK Total Rewards Overview

... All permanent employees are eligible to participate in the Childcare Voucher Scheme. The maximum amount that can be contributed is determined by limits set by Her Majesty’s Revenue and Customs. This can be exchanged for an equivalent amount of childcare vouchers (electronic or paper), which can be u ...
File
File

... for banks to borrow, therefore they will likely lend out more. The Fed can use Open Market Operations. They can buy bonds from banks and people. This will increase the amount of reserves and money available to lend out and spend. Each one of these tools is aimed at increasing Aggregate demand, shift ...
The Economics of Climate Change April 2009
The Economics of Climate Change April 2009

... • Cost of future damage – Most accept an estimated value between 1 to 2.5% of a country’s GDP on average – For US, that is equivalent to a range of $117.5 to $293.75 billion – Stern estimate is 5 – 20% of global GDP – Damage not evenly distributed, some will incur more – Africa 4%, India 5%, US less ...
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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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