The phrase "average replacement rate" is correct and usable in written English.
It can be used in contexts related to economics, demographics, or social sciences, often referring to the proportion of individuals or resources that are replaced over a specific period.
Example: "The average replacement rate of employees in the company has increased over the past year, indicating higher turnover."
Alternatives: "mean substitution rate" or "typical replacement ratio".
For the majority of Americans who rely on Social Security as their primary source of retirement income, the average replacement rate will fall to 21%, a substantial decrease in their standard of living.
There is no doubt that the average replacement rate (RR) will decline due to ageing pressure.
The intensity of the ageing process will inevitably make the average replacement rate drop significantly.
But Phillip Watts, head of exploration and production, boldly reported a three-year average replacement rate of 102%.
To avoid an unrealistic savings profile, we introduced the historical evolution of the social security system through our indirect estimation of the average replacement rate.
The average replacement rate before 1850 and after 2000 is assumed to stay constant at the levels observed in 1850 and 2000, respectively.
According to the Organisation for Economic Co-operation and Development, (for the love of Serps, stay with me for a few moments more) Britain is offering its pensioners one of the lowest national average replacement rates among developed nations.
Following the approach in Nickell et al. (2005) and Bassanini and Duval (2009), the underlying benefit duration variable is computed indirectly as the ratio of (OECD measures of) average replacement rates over a five-year unemployment spell to first-year replacement rates5.
Further, these four sites reside in helices that host the majority of CF missense mutations and have slower than average replacement rates.
Once normalized replacement rates were calculated for each site, we identified sites that have had higher-than-average, average, and lower than average replacement rates in the history of the membrane-spanning domains of CFTR.
We thus compute the average actual wage, the average net replacement rate and the average of the progressivity variable in each percentile as follows: w ¯ k t = n k t − 1 ∑ i ∈ k w it, ρ ¯ k t = n k t − 1 ∑ i ∈ k ρ it w ^ it M μ ¯ k t = n k t − 1 ∑ i ∈ k μ it w ^ it M, where k denotes the percentile, and n kt denotes group size.
