growth. Although U.S. shocks are the dominant influence on aggregate employment growth in Canada, sectoral shocks account for …

between Canada and U.S. are essentially zero. Both findings are at odds with the data. A specification that assumes correlated …

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 …

open economy model for Canada that decomposes output fluctuations into sources identifiable with world and country …-specific disturbances. We find that the onset, depth and duration of output collapse in both Canada and the U.S. are primarily attributable …

of three identified shocks - surprise TFP, news of future TFP, and "sentiment" - from the US to Canada. The US sentiment … business cycle comovement between the US and Canada, accounting for up to 50% of the forecast error variance of Canadian GDP …

covering multiple large wars and depressions in the U.S. and Canada. Using an extension of Ramey's (2011) military news series … higher multipliers during periods of slack in Canada, with some multipliers above unity …

dynamics are documented here to be specific to the U.S. and Canada. In other developed economies residential investment is …