Showing 1 - 10 of 11
In this chapter, Don Drummond makes the case that with large deficits there was little room for the Bank of Canada to … argues that the elimination of the deficit has reduced risk premia and allowed the Bank of Canada to bring interest rates …
Persistent link: https://www.econbiz.de/10005157589
in Canada, Fortin lays the blame for the inferior economic performance of the Canadian economy relative to the U ….S. economy squarely on the back of the Bank of Canada, and dismisses structural explanations of the recession as lacking an …
Persistent link: https://www.econbiz.de/10005157590
distributional changes that have occurred in Canada in the 1990s as well as useful comparative perspectives both in terms of trends … income in Canada during the 1990s. …
Persistent link: https://www.econbiz.de/10005481815
links between monetary policy and the economic well-being of Canadians. The Bank of Canada economists do admit that tight …
Persistent link: https://www.econbiz.de/10005481816
Productivity and income growth rates and differentials vary widely among OECD countries. In this chapter, Bart van Ark develops a framework for the understanding of these productivity and income differences. The framework breaks GDP per capita into two basic drivers: labour supply and labour...
Persistent link: https://www.econbiz.de/10005650205
particularly important measurement problems, namely the estimation of real output in the non-market sector where output is not … measured independently of inputs and the estimation of price indices (which are needed to calculate real output) for products …; the decline in Canada's relative international productivity ranking; and the widening of the Canada-US manufacturing …
Persistent link: https://www.econbiz.de/10005650208
In this chapter, Daniel Schwanen addresses the impact of the major trade liberalization efforts undertaken by Canada … and its trading partners beginning with the Canada-U.S. Free Trade Agreement (FTA) in 1989. The author focuses in … Canada in the 1990s. The author divides Canadian manufacturing industries into five groups according to their sensitivity to …
Persistent link: https://www.econbiz.de/10005518909
Productivity research is Canada has traditionally focused on narrow economic issues. In our view, it has given … Economic Performance and Social Progress is to attempt to fill, at least in part, the lacuna in the literature in Canada on … trends in Canada and OECD countries. The two papers in the second section examine the impact productivity has on government …
Persistent link: https://www.econbiz.de/10005518911
In this chapter, Jim Stanford agrees that measures were needed to eliminate the deficit. But he argues that Paul Martin's program spending cuts were larger than necessary and caused real pain in many areas of Canadian life. He shows that a strategy in which program spending was frozen in nominal...
Persistent link: https://www.econbiz.de/10005518912
persistent mythologies which in his estimation have served to insulate government from effective criticism and prevented the … income security system. He concludes that on the whole the emerging post-welfare state will better serve Canada's evolving … state, which in his estimation never worked all that well. …
Persistent link: https://www.econbiz.de/10005518913