Sentences with phrase «economic assumptions»

In conclusion, conducting monetary policy with systematic rules as a reference (but not as a guide) is favored by senior policymakers in respect to changing economic assumptions in a complex economy.
Our characterization of responses is informed by basic economic assumptions underlying competitive markets and the premise that functional markets will lead to a rising tide of achievement for all students.
We began our study by making the standard economic assumption that a woman's decision to teach is influenced in part by her expected pay within teaching and her expected pay in other occupations.
As a result, they do not reflect the most latest economic assumptions and policy decisions.
Changing the process will open the debate on the applicable economic assumptions to use for budget planning.
Nevertheless, in the budget we could provide a general discussion of longer - term growth scenarios under different economic assumptions.
That way, for a given forecast case, they know variation in model output is due to differing climate - related assumptions rather than differing economic assumptions.
The 2018 budget largely evades both options in a chapter entitled Path to Balance: it's 15 pages thick with handy - dandy charts, economic assumptions of modest growth, and holds out the expectation that the Trans Mountain pipeline expansion will go ahead and bring further prosperity to Alberta.
This meant that Main Estimates of government spending, which were tabled on February 28, 2012, were based on economic assumptions presented in the previous Fall 2011 Update and not those in the 2012 budget.
This brought a certain sense of complacency amongst some pension actuarial consultants and regulators, making it seem reasonable to use optimistic economic assumptions to calculate the present value of future pension liabilities.
In such a scenario, the Main Estimates should be based on budget economic assumptions and spending plans.
And, as you're trying to predict future greenhouse gas emissions, you have to start throwing economic assumptions into the models on top of the physical assumptions you threw in for question 2.
The $ 4,000 pay raise is a long - term estimate based on rosy economic assumptions by the White House Council of Economic Advisers.
Premium rates are currently based on analysis done by the Chief Actuary with the underlying economic assumptions provided by the Minister of Finance.
Premium rates will continue to be based on analysis done by the Chief Actuary with the underlining economic assumptions continued to be provided by the Minister of Finance.
In addition, the spending estimates in the Main Estimates are based on out of date economic assumptions included in the previous year's Fall Economic Update.
OMB's Mid-Session Review, however, resolves this ambiguity by stating in Tables 15 and 16 (page 31) that the Administration would exclude the «fiscal dividend» — i.e., «pull the trigger» — in order to balance the budget under the CBO economic assumptions.
Very few corporations have an interest in a system set to self - destruct, so as the urge to rethink our basic economic assumptions becomes louder, those who will continue to prosper will be those who adapt to the times.
Judge Jackson's ruling exposes the bogus economic assumptions underlying nearly all of BLM's coal leasing decisions, and it will help hold BLM accountable for the climate impacts of other decisions on coal and fossil fuel extraction.
Castles and Henderson have pointed out that the storylines used to produce IPCCs predictions of future warming are based on ludicrously improbable economic assumptions
Let's look briefly at some of the underlying socio - economic assumptions behind RCP8.5, then we'll examine how the latest research on the terrestrial carbon cycle makes the GHG concentrations in the RCP8.5 model easier to reach.
As Christie explained, RGGI is based upon faulty economic assumptions and «does nothing more than impose a tax on electricity» for no real environmental benefit.
Economic assumptions Nordhaus explains that the assumptions used for the cost - benefit analyses, which are used to justify global carbon pricing, are theoretical; arguably, they are unrealistic for the real world.
As has been the case for six of the government's eight budgets, the Main Estimates will not be based on the most recent budget economic assumptions and policy decisions.
Carbon Tracker believes that fossil fuel management are overly focused on demand and price scenarios that assume business as usual and so there may be a risk assessment «gap» between a management's view of the future and that which would result from action on climate change, technology developments and changing economic assumptions.
Among other things, it has been criticized as a scam — based on economic assumptions that are described as «laughable» — and has come under fire from the U.S. Senate for the ease with which drug dealers and other subversive elements can make use of it.
You might do a few small initiatives, but for the most part, you will continue to rely on favorable economic assumptions and «unexplained adjustments» to balance the budget.
The results of such calculations, using standard economic assumptions and actuarial survivor probabilities, are shown in Figure 1, where we plot the growth of pension wealth over the career cycle for a typical educator in Missouri under three different promotion scenarios, in 2012 dollars.
Then, as now, the economic assumptions were optimistic, to say the least.
In our earlier commentary on the Parliamentary Budget Office's (PBO) latest Economic and Fiscal Outlook Update, we stated that economic assumptions were based on a survey of private sector economists.
A key part of any budget is the economic assumptions underpinning the budget's numbers.
This implies that the Budget should be tabled in late January or in early - to mid-February, in order to give the Treasury Board Secretariat time to make the Main Estimates of spending consistent with the economic assumptions and spending decisions underlying the Budget.
The average of the private sector forecasts forms the basis for the economic assumptions used for fiscal planning purposes in the budget and fall update.
Cohen said the economic assumptions underpinning the system were «laughable» and ignore hundreds of years of understanding about how currencies work.
Great dollar rally of 2014 as Fukuyama's History returns in tooth and claw China and Japan are on a quasi-war footing, one misjudgement away from a chain of events that would shatter all economic assumptions (By Ambrose Evans - Pritchard Tks Fred!)
Using more optimistic economic assumptions, for example, would reduce the deficit by $ 3.5 billion per year on average; more pessimistic economic assumptions would raise the deficit by $ 3.0 billion per year on average.
The Government's 2010 estimate of the impact of changes to the corporate tax rate is questionable and is already out - of - date as it is not based on the March 2011 Budget economic assumptions and fiscal projections.
However, there are always changes in economic assumptions and spending forecasts between the Economic and Fiscal Statements and the most up - to - date Budget.
The economic assumptions in the June 2011 Budget were basically unchanged from those in the March 2011 Budget (see Table 1).
The economic assumptions underlying the 2011 budget are clearly out of date.
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