Tape Reading By Linda Bradford Raschke 5 potx
Tape Reading By Linda Bradford Raschke_5 potx
... Time: 05: 40pm chapter 05. tex 36 • Chapter 5 Jointly with the condition for optimum retirement, u c ∗ (0) exp R∗ 0 (ρ − δ) σ dx w(R ∗ ) = e(R ∗ ), (5. 21) equations (5. 15) and (5. 21) determine ... e(z) = e, and ρ = δ>0. From (5. 20) and (5. 21), R ∗ is then determined by the condition u w(1 − e −ρ R ∗ ) 1 − e −ρT w = e (5. 25) August 20, 2007 Time: 05: 46pm chapte...
Ngày tải lên: 22/06/2014, 18:20
Tape Reading By Linda Bradford Raschke_1 pot
... = h(z,α,g)µ(z,α) ∞ 0 h(z,α,g)µ(z,α)dz − h(z,α,g)z ∞ 0 h(z,α,g)zdz (12A .5) Since ∞ 0 ϕ(z,α,g) dz = 0,ϕchanges sign at least once, say at z = ˜ z. At this point, by (12A .5) , µ( ˜ z,α) ∞ 0 h(z,α,g)µ(z,α) dz = ˜ z ∞ 0 h(z,α,g)zdz (12A.6) Differentiating ... directly by government-run social security systems and taxes/subsidies can, if so desired, be applied to the prices of annu...
Ngày tải lên: 22/06/2014, 18:20
Tape Reading By Linda Bradford Raschke_2 pdf
... Pension Annuity (in $). Period=certain Age 50 Age 65 Age 70 MFMFMF 0-year 51 4 492 655 6 05 747 677 10-year 50 9 490 630 59 2 694 649 20-year 498 484 56 9 55 5 59 1 58 3 Notes: M, male; F, female. Income ... offered by X-annuities is dom- inated by regular annuities and life insurance which jointly provide for nonrandom consumption and bequests. However, we shall now show that X...
Ngày tải lên: 22/06/2014, 18:20
Tape Reading By Linda Bradford Raschke_3 pptx
... 0.440 451 0 .58 62 05 0 .59 39 75 0.706870 83 0.39 958 1 0 .55 0 354 0 .55 6727 0.674371 84 0. 358 884 0 .51 3134 0 .51 8386 0.639648 85 0.3188 05 0.474641 0.479222 0.602670 86 0.279836 0.4 350 65 0.43 956 1 0 .56 3491 87 0.242486 ... 0.7437 35 0. 758 039 0.838109 78 0 .59 8 456 0.7 150 46 0.72 857 8 0.8 157 99 79 0 .56 0408 0.6 850 27 0.697360 0.791601 80 0 .52 1200 0. 653 5 85 0.664...
Ngày tải lên: 22/06/2014, 18:20
Tape Reading By Linda Bradford Raschke_4 pdf
... (by assumption, w (z) ≤ 0). Hence, ˜ z is unique, implying, by (5. 5), ϕ(T,α) >µ( ˜ z,α) T 0 F (z,α)w(z) T 0 F (z,α)w(z) dz − F (z,α) T 0 F (z,α) dz dz = 0. (5. 6) Since, under (5. 5), ... finance lower consumption. August 20, 2007 Time: 05: 40pm chapter 05. tex CHAPTER 5 Comparative Statics, Discounting, Partial Annuitization, and No Annuities 5. 1 Increase in Wages Supp...
Ngày tải lên: 22/06/2014, 18:20
Tape Reading By Linda Bradford Raschke_6 pdf
... 03 :51 pm chapter02.tex Benchmark Calculations • 13 Table 2.1 Consumption, Savings, and Wealth at Retirement. ρ = 1 2 ρ = 2 3 M = 0 M = 5 M = 0 M = 5 c .89 .68 .86 .66 1 − c .11 .32 .14 .34 W 5. 37 ... chapter 5 performs comparative statics calculations showing how these choices are affected by changes in income and by changes in longevity. The effects of a positive subjective time...
Ngày tải lên: 22/06/2014, 18:20
Tape Reading By Linda Bradford Raschke_7 pptx
... change in ˆ a 0 (from (16A .5) ). Condition (16A.7) ensures that ϕ(q 1 1 ) < 0forE(p) ≤ p < ¯ p. August 18, 2007 Time: 11:25am chapter16.tex 152 August 18, 2007 Time: 11:25am chapter16.tex Financial ... purchase by rational individuals. By deliberately delaying implementation of the purchase of annuities, this plan may accommodate hyperbolic discounters (Laibson, August 18, 2007 T...
Ngày tải lên: 22/06/2014, 18:20
Tape Reading By Linda Bradford Raschke_8 pdf
... long-term, 6, 26, 59 , 62–66; low returns and, 35; money’s worth of, 10; moral hazard and, 51 55 , 79–80; no-arbitrage condition and, 5, 24– 25, 60–62, 70–71; optimum taxation of, 1 25 28; options and, ... and, 104 5 Stiglitz, J., xiv, 67 stochastic dominance, 5, 16, 56 subjective time preference, 5 subsidization, 5, 13, 114, 144n52 survival functions, xiii, 15 18; aggregate saving...
Ngày tải lên: 22/06/2014, 18:20
Báo cáo khoa học: Malonyl-CoA decarboxylase (MCD) is differentially regulated in subcellular compartments by 5¢AMP-activated protein kinase (AMPK) Studies using H9c2 cells overexpressing MCD and AMPK by adenoviral gene transfer technique potx
... activity from series of Ad.CA-AMPK concentrations (5, 10, 25 and 50 moiÆcell )1 ). Some cells were double infected with Ad.MCD (5 moi) and Ad.CA-AMPK ( 25 moi) to study the effect of overexpressed AMPK ... the end of 5min,15lL of the incubation mixture was blotted onto a 1cm 2 phosphocellulose paper. The paper was then washed three times for 10 min in 150 m M phosphoric acid followed b...
Ngày tải lên: 16/03/2014, 16:20
Tape Reading And Day Trading_2 potx
... “Cup and handle ABCD, trigger $20 .50 , stop $20. 25 ? No. One of them may see, “Buy ABCD when $20 .50 is getting hit.” Another one may see, “Wait for ABCD to clear $20 .50 and go up, pull back, and then buy ... Trader’s Intuition 81 ARE YOU THE MAJORITY OR THE MINORITY? Tape- reading principles suggest that the majority is usually wrong. The idea of tape reading is based on the obviou...
Ngày tải lên: 21/06/2014, 09:20