Showing 1 - 10 of 12
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
Quebec’s relative growth performance with Ontario has always been an issue of concern for economic historians. In his paper Pierre Fortin discusses trends in Quebec’s real domestic income relative to that in Ontario over the last half-century. He finds that per capita real domestic income in...
Persistent link: https://www.econbiz.de/10005481825
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
participation in Canada in the 1990s. In the first article in the symposium, Pierre Fortin and Mario Fortin attempt to determine the …
Persistent link: https://www.econbiz.de/10005650262
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