In this paper, we analyze hyper-return periods from 1976 to 1994 for 20 emerging stock markets. We define a hyper-return period as a calendar year during which a cumulative geometric return in excess of 70% is observed. According to this definition, the hyper-return periods represent 23% of the...

This paper analyzes the impact of a recent recommendation made by Quebec's Comité consultatif de lutte contre la pauvreté et l'exclusion sociale to guarantee every individual an income equal to 80% of Statistics Canada's Market Basket Measure (MBM). Workers with earnings at least equivalent to...

Les données de l'Institut canadien d'information en santé (ICIS) et le modèle de micro-simulation dynamique de SIMUL permettent à la fois de projeter les dépenses en santé du Québec jusqu'en 2030 et d'en évaluer l'importance par rapport au PIB et aux revenus de l'État. Un scénario...

Le gouvernement fédéral a annoncé dans son dernier budget son intention de reporter l'âge d'admissibilité aux prestations de la Sécurité de la Vieillesse et de Supplément de Revenu Garanti de 65 à 67 ans. À terme (c'est-à-dire, en 2030), ce report devrait augmenter les revenus nets du...

We analyse the American Small Business Investment Companies (SBIC) program designed to help small and medium sized businesses find venture capital. SBICs are private entities that may be financed by the Small Business Administration under favourable conditions. The success of this program should...

This in-depth analysis of the Québec Stock Savings Plan (QSSP) proposes to evaluate the Plan dealing with its different sections and offering interpretation of its onjectives. The Plan had the short-term effect of generating a stream of primary issues from small companies. A large proportion of...