Showing 1 - 10 of 199
There is a widespread view that the adjustment of U.S. trade prices--and hence merchandise trade flows--in the face of the substantial dollar depreciation since early 1985 has been slower than might have been expected. This paper examines the recent behavior of U.S. trade prices, and concludes...
Persistent link: https://www.econbiz.de/10014396298
Persistent link: https://www.econbiz.de/10004069189
Trade integration can play a much larger role in boosting shared prosperity. The current focus on trade tensions threatens to obscure the great untapped benefits possible from further trade reform. The opportunities provided by information technology and other fundamental changes in the global...
Persistent link: https://www.econbiz.de/10014408459
In most macroeconomic models, the substitutability between domestic and foreign goods is calibrated using aggregated data. This imposes homogeneous elasticities across goods, and the calibration is only valid under this assumption. If elasticities are heterogeneous, the aggregate...
Persistent link: https://www.econbiz.de/10014402215
The issue of productivity growth in Canada has received considerable attention reflecting its marked slowdown since the … in Canada, it is useful to decompose total factor productivity (TFP) into investment-specific productivity change (ISP …) and technologically neutral productivity change (TNP). The gap in manufacturing productivity growth between Canada and the …
Persistent link: https://www.econbiz.de/10014402843
The paper presents Canada’s report on the Observance of Standards and Codes on the Financial Action Task Force (FATF …) recommendations for Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). Canada has strengthened its overall …
Persistent link: https://www.econbiz.de/10014404389
The spillovers from the U.S. economy to Canada have been assessed. It uses structural vector autoregressions to analyze … the role of financial linkages in real and financial spillovers from the United States to Canada. The implications of … Canada’s predictable price level have been analyzed. Innovative small and medium-size enterprises have significantly greater …
Persistent link: https://www.econbiz.de/10014406867
slowdown in large part has reflected the slowing in the United States economy, which has reduced growth in Canada’s exports and …
Persistent link: https://www.econbiz.de/10014406995
This paper documents two aspects of Canada’s regional diversity and compares the results with those across U.S. regions … the reduction in macroeconomic volatility in Canada after the introduction of inflation targeting is largely attributable …
Persistent link: https://www.econbiz.de/10014407045
This Selected Issues paper assesses the long-term fiscal position of Canada. Simulations based on current tax and …
Persistent link: https://www.econbiz.de/10014407120