The Households Sample Clauses

The Households. Both types of households derive utility from consumption of non-durable final goods and from the stock of durable goods. The borrowers differ from the savers in that they exhibit a lower patience rate, which implies higher propensity to consume for them.5 Note that, such an assumption allows for inter-temporal equilibrium trading of debt between savers and borrowers. In other words, this type of heterogeneity generates credit flow between two types of agents as an equilibrium phenomenon; patient households hold a positive amount of deposit with no borrowing, whereas impatient households borrow a positive amount of loans.6 Complementary to this 5 Here, in order to differentiate the patience rate of two types of households, the discount rate for the borrowers is set lower than discount rate of savers. For the examples of the models with heterogeneous agents, see Xxxxxxxx and Xxxxx (1997), Xxxxxxx and Xxxxx (1998) Xxxxxxxxxx (2005), Xxxxxxxx and Xxxxxxxxx (2005). 6 That is why the impatient household is called borrower and patience household is called saver. assumption, the borrowers face a collateral constraint, with the borrowing limit tied to the value of the stock of durable goods.7
Sample 1
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Related to The Households

  • Household The following persons may reside in the unit. Other persons may not be added to the household without prior written approval of the owner and the PHA.

  • Vehicles If an employee is required to use their own automobile in the performance of their duties, the Employer shall ensure that the position posting or advertisement shall include this requirement.

  • Personal Vehicles A. Employees who are directed by the Employer to use a personal vehicle for official state business shall do so in accordance with state fleet policies established by the Department of Budget and Management. When circumstances make it impractical for an employee to obtain a state vehicle on the day the vehicle will be used, such employee may request the vehicle at the end of the prior day's shift, and the appointing authority shall make reasonable accommodation, consistent with the efficient operation of the unit, to accommodate such request. If such request cannot be granted, the employee may use his/her own vehicle and be reimbursed at the full rate in accordance with state fleet policies.

  • Service Areas The MCP agrees to provide services to Aged, Blind or Disabled (ABD) members, Modified Adjusted Gross Income (MAGI) members, and Adult Extension members residing in the following service area(s): Central/Southeast Region ☒ Northeast Region ☒ West Region ☒ The ABD and MAGI categories of assistance are described in OAC rule 5160-26-02. The Adult Extension category is defined in Ohio’s Medicaid State Plan as authorized by the Centers for Medicare and Medicaid Services (CMS). The MCP shall serve all counties in any region they agree to serve.

  • Cemetery The Local Church agrees and insures that, after the Disaffiliation Date, its cemetery and/or columbarium, will continue to be maintained in substantially the same manner as presently maintained. In addition, Local Church will honor any and all contracts, deeds, and agreements for burial and/or internment in its cemetery or columbarium, as well as insuring and continued access for families and loved ones of United Methodists buried there and for burials in unfilled xxxxxx and columbarium slots (including granting an access easement to the Conference and members of the United Methodist Church for visitations, historical research, and related purposes).

  • Personal Services 1. Subject to the provisions of Articles 14, 16 and 17, salaries, wages and other similar remuneration or income derived by a resident of a Contracting State in respect of personal (including professional) services shall be taxable only in that State unless the services are rendered in the other Contracting State. If the services are so rendered, such remuneration or income as is derived therefrom may be taxed in that other State.

  • Users Licensee is responsible for each User’s compliance with this XXXX. Licensee will ensure that all use of the Software by Users is in accordance with the terms of this XXXX.

  • Service Area (a) SORACOM shall provide the SORACOM Air Global Service within the area designated on the web site of SORACOM (the “Service Area”), provided, that, the Service Area may be different if stated otherwise as specified by SORACOM separately. However, within the Service Area, you may not use the SORACOM Air Global Service in places where transmissions are difficult to send or receive.

  • Mailboxes Each department or unit shall make available a convenient receptacle at a designated location for Employees to receive College business correspondence.

  • Personal Safety 1. The employer and the Union agree that students must be held accountable for their conduct in the classroom, on campus, and at school-sponsored events.

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