Assessment of trends in Canadian living standards is incomplete if family money incomes are not adjusted for the shrinking size of Canadian families. This paper uses OECD and Statistics Canada equivalence scales to examine the level and distribution of equivalent money income in 1975, 1981,1984,...

One of the costs of high levels of in ation may be misperceptions of relative prices and excessive volatility in sectoral output. This paper therefore examines the relationship between the level of inflation and sectoral output growth variability in Canada from 1961:1 to 1995:4. Despite the...