In unemployment insurance (UI) in the United States, the average high-cost multiple (AHCM) is a commonly used actuarial measure of Unemployment Trust Fund adequacy. Technically, AHCM is defined as reserve ratio (i.e., the balance of UI trust fund expressed as % of total wages paid in covered employment) divided by average cost rate of three high-cost years in the state's recent history (typically 20 years or a period covering three recessions, whichever is longer). In this definition, cost rate for any duration of time is defined as benefit cost divided by total wages paid in covered employment for the same duration, usually expressed as a percentage.
Intuitively, the AHCM provides an estimate of the length of time (measured in number of years) current reserve in the trust fund (without taking into account future revenue income) can pay out benefits at historically high payout rate. For example, if a state's AHCM is 1.0 immediately prior to a recession, and if the incoming recession is of the average magnitude of the past three recessions, then the state is expected to be able to pay one year of UI benefits using the money already in its trust fund alone. If the AHCM is 0.5, then the state is expected to be able to pay out six months of benefits when the a similar recession hits.
and 20 Related for: Average high cost multiple information
In unemployment insurance (UI) in the United States, the averagehigh-costmultiple (AHCM) is a commonly used actuarial measure of Unemployment Trust Fund...
assist governments in making decisions regarding energy policy. On average the levelized cost of electricity from utility scale solar power and onshore wind...
scenarios and report solvency measures (such as Reserve Ratio, Averagehighcostmultiple, etc.) on an annual basis. If the trust fund should become insolvent...
cost in those days. Multiple albums were budgeted with a cost between $350,000 and $500,000 by late 1970s, whereas popular rock albums had an average...
radio, multiple-input and multiple-output (MIMO) (/ˈmaɪmoʊ, ˈmiːmoʊ/) is a method for multiplying the capacity of a radio link using multiple transmission...
Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time can be operationalized in a cost-of-living...
Target costing is an approach to determine a product's life-cycle cost which should be sufficient to develop specified functionality and quality, while...
In the Facebook social networking platform, the term pertains to the averagecost for each link click and it serves as a metric in online advertising for...
typically have high capital expenditure for building plants. Fuel, operational, and maintenance costs are relatively small components of the total cost. The long...
approach, and cost of introduction of an approach should be considered in a selection process. The most common measure of the average estimation accuracy...
Assuming we use a simple ensemble of averaging K {\displaystyle K} classifiers. Then the Amended Cross-Entropy Cost is e k = H ( p , q k ) − λ K ∑ j ≠ k...
Turnover = Cost of Goods Sold Average Inventory at Cost {\displaystyle {\text{Inventory Turnover}}={\frac {\text{Cost of Goods Sold}}{\text{Average Inventory...
lines, moving averages, and the Average Directional Index (ADX) to determine the existence and strength of trends. Dollar costaveraging (DCA), also known...
the averagecost of its products decreases and increases. A natural monopoly has a very different cost structure. A natural monopoly has a high fixed...
cost $50,000, while training of the PaLM (i.e. a 540-billion-parameters model) in 2022 cost $8 million, and Megatron-Turing NLG 530B (in 2021) cost around...
enforcement. Increasing costs in labor-intensive service industries, or below averagecost decreases, are not necessarily a result of inefficiency. Due to income...
used in flip-chip. The cost of designing and developing a complex integrated circuit is quite high, normally in the multiple tens of millions of dollars...
The M270 Multiple Launch Rocket System (M270 MLRS) is an American armored self-propelled multiple launch rocket system. The U.S. Army variant of the M270...
export, or if the seller does load the goods, they do so at buyer's risk and cost. If the parties agree that the seller should be responsible for the loading...
Days Average payment period Accounts Payable/Annual Credit Purchases × 365 Days Asset turnover Net Sales/Total Assets Stock turnover ratio Cost of Goods...