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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
Income Supplement in 1968 and the reduction in poverty after 1973 to the maturing of the Canada/Quebec Pension Plan regimes … universal medicare. Osberg also finds that relative to the United States, Sweden and the United Kingdom, Canada has done the … best job in boosting the income levels of seniors above the poverty line. In his view, Canada has done a remarkable job in …
Persistent link: https://www.econbiz.de/10005481823
, stocks of wealth, economic equality and economic security) for Canada and the provinces for the 1981-2008 period. It finds …
Persistent link: https://www.econbiz.de/10008489040
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