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Corporate versus pass-through status trades off productivity benefits (related to perpetual identity, limited liability … productivity (TFP) and corporate shares of economic activity, implies that, for 1958-2013, the declining wedge and gap between … corporate and pass-through productivity contributed 0.37% per year out of the total TFP growth rate of 1.09% per year. From 1994 …
Persistent link: https://www.econbiz.de/10012860291
Using real time data, we show that the monetary policy rule in Canada is better described by a Taylor rule augmented … Canada’s quarterly Business Outlook Survey, we study the impact of monetary policy on firms’ expectations of sales and prices …
Persistent link: https://www.econbiz.de/10012908682
relation to Canada’s fiscal structure. By fiscal structure we mean three distinct but interrelated fiscal dimensions of the …
Persistent link: https://www.econbiz.de/10012908683
Persistent link: https://www.econbiz.de/10012892290
threat President Trump has made if the proposed United States-Mexico-Canada Agreement is not passed by the U.S. Congress. We … the biggest loser; Canada is the biggest loser. Canada's welfare (per capita income) loss of 2.11 percent is nearly two …
Persistent link: https://www.econbiz.de/10012866366
Transferring public benefits to people in no need of them appears to be a waste of public money. Thus, there seems to be support for a move away from universal child benefits and towards means testing. This study presents a critique of this overly-simplistic view and proposes a very simple...
Persistent link: https://www.econbiz.de/10012828975
entry and exit of candidates and parties are analyzed for Canada from 1870 through 2015 first using an auto …
Persistent link: https://www.econbiz.de/10012829328
This paper uses a new dataset on the universe of Canadian imports and tariffs between 1924 and 1936, disaggregated into 1697 goods originating in 112 countries, to analyse the impact on Canadian imports of interwar Canadian trade policy, including the 1932 Ottawa trade agreements. Rather than...
Persistent link: https://www.econbiz.de/10014356600
Brain drain is a core economic policy problem for many developing countries today. Does relative inequality in source and destination countries influence the brain-drain phenomenon? We explore human capital selectivity during the period 1820-1909.We apply age heaping techniques to measure human...
Persistent link: https://www.econbiz.de/10010280801
Most pre-crisis explanations of the various corporate governance systems have considered the separation between ownership and control to be an advantage of the Anglo-American economies. They have also attributed the failure of other countries to achieve these efficient arrangements to their...
Persistent link: https://www.econbiz.de/10013116042