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His greatest error was to underestimate the impact of rating revaluation which resulted in Scotland getting the poll tax early.
"I think politicians overestimate the impact of rating decisions and underestimate the impact of their own statements, which often move the markets more".
In summary, the effects of timing and response rates of evaluation activities are ambiguous, and few studies from the US provide evidence of a significant impact of rating scale design on evaluation results.
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II: Impact of rate coefficient uncertainties.
"The Impact of Rate Regulation on Claims: Evidence from Massachusetts Automobile Insurance," with Richard A. Derrig, Risk Management and Insurance Review 14(2) Fall 2011: 173-2011
Monetary transmission mechanisms – who cares? (Me actually) 10.52am BST A question about the impact of rate rises on mortgages holders.
Banks said the impact of rate rises would probably be less damaging if, as expected, the Bank of England increases rates slowly, giving borrowers time to manage their finances.
Given this timetable, the paper says, states should immediately begin evaluating steps to "minimize the impact of rate increases" in 2014.
Figure 13 Impact of rate-distortion characteristic on the average MOS.
Enterprise Minister Edwina Hart said she was aware of concerns regarding the potential impact of rates on the sustainability of businesses.
Lastly, the Fed gradual pace of interest rate increases has in effect deferred the brunt of the impact of rate increases and borrowing costs on high yield issuers.
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