Money variables are in euros of 2002/2003 Source: Spanish time use survey, 2002 2003, INE (^{mathrm{a}}) Working days (^{mathrm{b}}) Includes vocational training (^{mathrm{c}}) Includes the military (^{mathrm{d}}) Includes extractive industries (^{mathrm{e}}) Computed from HM1.
The insurers make money on variable annuities by charging a fee on the amount invested.
Doctors worried about malpractice suits, for example, might do well to stash some money in variable annuities.
Rather than the money market variables, the Fried man School would have the Federal Reserve focus its pri mary attention on one or more of the broad monetary aggregates to try to keep it (or them) growing at a rate consistent with over‐all pol icy goals.
But from statements by Federal Reserve officials— for example, Mr. Maisel— it seems clear that the first aim of policy actions is to produce a defined set of rela tionships among the money market variables, on the as sumption that this, in time, will produce desired changes in the broader monetary ag gregates, and hence, eventu ally, in "real" economic ac tivity — production, jobs and incomes.
The spline consisted of a main effect "money", a dummy variable "receiving dummy" and an interaction variable "money*receiving dummy".
By tracing seemingly unrelated economic pathologies to a single variable, money, he had identified a potential cure: Stabilize the value of money — that is, avoid inflation or deflation — and so stabilize economic activity.
Wanna put your money on that variable?
A form of life insurance, it provides a silver lining for anyone who put money into a variable annuity.
Again, the agency advises, before paying the extra money for a variable annuity, "Carefully consider whether you need the benefit".
The regulators are concerned that sales representatives are pushing these investments to people who are nearing retirement and may need to spend the money in their variable annuities long before the penalty period is over.
