These quotes were
for nominal income, did not make adjustments for inflation, and were current when this paper was written.
Not exact matches
Phaseouts that are not adjusted
for inflation affect more taxpayers over time, as inflation raises
nominal incomes and thus lifts more taxpayers above the phaseout thresholds.
The
nominal UST interest rate (its coupon rate) includes an implied amount
for future inflation that must be reinvested to maintain a real (inflation adjusted)
income.
The components of
nominal GDP represent the applicable tax bases
for personal and corporate
income tax revenues, which represent about 60 % of total federal revenues.
A distinct feature of Market Monetarist thinking is that our starting point
for monetary analysis is
nominal income and that monetary policy determines
nominal income or
nominal GDP (NGDP).
At two decimal places, the
nominal 0.22 % month - over-month change in disposable
income was trimmed to 0.18 % when we adjust
for inflation.
Under a progressive tax system, rising
nominal income can move taxpayers into higher tax brackets, even if their real
income (after adjusting
for inflation) remains constant.
Scott Sumner told us in September 2009 that «the real problem was
nominal,» that is, the recession and its high unemployment were primarily due to an unsatisfied excess demand
for money (combined with real effects on debt burdens of
nominal income being below its previous path).
The Department of Finance disaggregates the average private sector forecasts
for real and
nominal GDP into its components — personal
income, corporate profits, etc..
The Department of Finance decomposes the forecast values
for real and
nominal GDP into their its expenditure and
income components, respectively.
The lack of growth in
nominal incomes and spending in the economy, in turn, makes it difficult
for businesses and banks to improve their balance sheets and is reinforcing the reluctance of Japanese banks to lend.
We are cautious on duration, but rising inflation means owning Treasury Inflation Protected Securities (TIPS) in lieu of
nominal Treasuries can be an important hedge
for fixed
income portfolios.
Based on our analysis, the split between sectors that benefited from rising
nominal yields and those that suffered was clear: Defense - oriented sectors — those that are
income - driven but light on growth — fared worse as the opportunity cost
for holding them grew.
For the higher - income $ 100,000 per year spenders who rely on portfolio withdrawals for a bigger portion of their retirement, these distributions would also decrease in nominal terms over these two decades, assuming Social Security benefits were $ 40,000 with 2 percent inflati
For the higher -
income $ 100,000 per year spenders who rely on portfolio withdrawals
for a bigger portion of their retirement, these distributions would also decrease in nominal terms over these two decades, assuming Social Security benefits were $ 40,000 with 2 percent inflati
for a bigger portion of their retirement, these distributions would also decrease in
nominal terms over these two decades, assuming Social Security benefits were $ 40,000 with 2 percent inflation.
Comparisons have to proceed from the (
nominal or effective) tax rates
for a given bracket /
income, the fact that a given share of revenue comes from the richest doesn't make a system progressive.
We sell them
for a
nominal fee, so manga artists can expect increased
income from an expanded readership.
In my (limited) experience, people about to retire focus mainly on
nominal income and capital protection, without sparing a thought
for the cripling effect of inflation.
More likely though, is that commodities that are in short supply globally would rise, like coal, steel, oil, gold, rare minerals, etc., and only after a while, would housing prices rise, as
nominal incomes become large enough, and household formation great enough
for the excess supply to disappear.
The formula
for the real
income of an investment at year N is: Inflation adjusted dividend
income = (initial dividend amount) * -LCB-[1 + (
nominal dividend growth rate)-RSB- ^ N -RCB- / -LCB-[1 + (inflation rate)-RSB- ^ N -RCB- Typically, you would use a
nominal dividend growth rate of 5.5 % per year in the absence of other information and 3 % per year inflation.
Think of 1979 - 82: by the time bond yields were nearing their peak levels, bond managers were making money in
nominal terms with rates rising because the
income from the coupons was so high, and it set up the tremendous rally in bonds that would last
for ~ 30 years or so.
I have replaced my original «
Income Stream Allocator» with «CD
Income Stream Allocator A,» which replaces the word «TIPS» with «CD» and which identifies the CD interest rate as
NOMINAL, not adjusted
for inflation.
But while dividend
income has accounted
for nearly 50 percent of the long - term
nominal annual return on stocks and 75 percent of the real annual return, even these figures dramatically understate the cumulative role played by dividends.
Mounting private debt claims a portion of
nominal economic growth
for debt service and therefore increased emissions that contributes only to the welfare of the credit issuers, mostly large financial institutions or speculative traders and not to overall social welfare or, on average, net
incomes of the borrowers.
Climate - health calculations therefore use a Value of a Statistical Life (VSL) of $ 1.7 million (
for 2010), which is the
nominal US - based VSL of $ 7.5 million adjusted to account
for carbonaceous aerosol exposure - and population - weighted country - specific
income differences from prior analyses (UNEP 2011).
The site will sustain itself through a
nominal fee of $ 1
for every story posted on the website and
income from advertising.
Given that seniors often live on
nominal and fixed
incomes, most have not saved sufficient funds
for funeral services or cremation at their time of death.
This most often occurs when the custodial parent earns a very high
income and has no real need
for the money and the paying parent earns a
nominal or modest
income.
One option,
for example, involves the landlord paying a
nominal fee
for a policy providing access to three months of rental
income, as well as to funds and resources if you need to pursue a tenant in court.
This is due to low mortgage rates, which are almost an entire percentage point lower than last year, and a 1.4 percent increase in
nominal family
income from 2010 to 2011 — NAR projects a subsequent increase
for 2012.
While virtually all economists and reporters use «real» as meaning inflation - adjusted numbers
for gross domestic product, wages and household
income, real estate numbers are always
nominal.