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Canadian immigrants at the time of immigration fall short of the earnings of comparable Canadian-born individuals, and (2 … recent changes in Canadian immigration policy, labor market discrimination against visible minorities, and the prolonged …
Persistent link: https://www.econbiz.de/10012474260
skills declined following changes in Canada's immigration policies in 1974 that led to a sharp increase in the proportion of … complete until 13 to 22 years after entry into Canada. These results are revealed clearly in both the pseudo-longitudinal and … increases with their duration of stay in Canada, and since there are no differential immigrant-native changes in higher …
Persistent link: https://www.econbiz.de/10012476013
Three possible explanations for the emergence of the Canadian central bank in 1935 are examined: that it reflected the need of competitive banking systems for a lender of the last resort; that it was necessary to anchor the unregulated Canadian monetary system after the abandonment of the gold...
Persistent link: https://www.econbiz.de/10012476991
Canada, like many countries, has recently experienced difficulties in achieving money growth stability and money supply … suggests that the problems have arisen from the Bank of Canada suse of an interestrate control mechanism.The paper argues that …
Persistent link: https://www.econbiz.de/10012477613
This paper revisits Canada's pioneering experience with floating exchange rate over the period 1950-1962. It examines … whether the floating rate was the best option for Canada in the 1950s by developing and estimating a New Keynesian small open … that monetary policy was more volatile in the post-1957 period and Canada's macroeconomic performance suffered as a result …
Persistent link: https://www.econbiz.de/10012465041
On the seventieth birthday of the Bank of Canada, we evaluate the Bank's contribution to monetary policy in an …
Persistent link: https://www.econbiz.de/10012467091
several former colonies of Great Britain: the United States, Canada, Australia, New Zealand and South Africa. We trace out …
Persistent link: https://www.econbiz.de/10012468857
United States and Canada, 1870-1913. Both countries adhered to the international gold standard. This meant that the domestic … response to supply' shocks. For Canada the results are murkier. As in the U.S., the money supply shocks before 1896 are … shocks play a larger role in determining output behavior in Canada. The key conclusion of our analysis is that the simple …
Persistent link: https://www.econbiz.de/10012469182
attribute to the merger movement in Canada after 1900 which allowed the Canadian banking system to evolve from a system with …
Persistent link: https://www.econbiz.de/10012473021
were generally higher in Canada; (2) interest income received on securities was generally slightly higher in Canada; (3 …) interest rates charged on loans were generally quite similar; (4) net rates of return to equity were generally higher in Canada …
Persistent link: https://www.econbiz.de/10012474396