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in Canada established the Agreement on Internal Trade (AIT). This paper takes stock of the achievements and shortcomings … of the AIT. Because the internal barriers to trade being addressed by the AIT are not unique to Canada, the agreement …
Persistent link: https://www.econbiz.de/10014400835
There is a widespread view that the adjustment of U.S. trade prices--and hence merchandise trade flows--in the face of the substantial dollar depreciation since early 1985 has been slower than might have been expected. This paper examines the recent behavior of U.S. trade prices, and concludes...
Persistent link: https://www.econbiz.de/10014396298
effectiveness may moderate in graying societies. It then uses Bayesian estimation techniques for the U.S., Canada, Japan, U.K., and …
Persistent link: https://www.econbiz.de/10012667511
Persistent link: https://www.econbiz.de/10009423208
37 cities across the United States and Canada using quarterly data from 1983 to 2018. This paper finds that downside … risks to housing markets in the United States have seemingly fallen over the past decade, while having increased in Canada …
Persistent link: https://www.econbiz.de/10012251283
We assess the extent to which fiscal transfers smooth regional shocks in three large federations: the U.S., Canada, and …
Persistent link: https://www.econbiz.de/10011711804
.S., Canada, Australia and Germany. It finds that, as for central governments, fiscal fundamentals matter in the pricing of risk …
Persistent link: https://www.econbiz.de/10011374734
This paper assesses productivity trends in Canada vis-a-vis the United States from two perspectives. The first one is … underlying cause of the pickup in productivity in Canada and the narrowing of the productivity gap with the United States …
Persistent link: https://www.econbiz.de/10014403518
mechanisms in Canada and the United States and also examines the effects of the unemployment insurance (UI) system on labor … wage responses in Canada relative to the United States. Although overall UI generosity has increased aggregate unemployment … persistence in Canada, the endogenous component of UI has affected unemployment persistence only marginally. The lower degree of …
Persistent link: https://www.econbiz.de/10014401211
This paper documents the extent of financial linkages between Canada and the United States and explores the impact of … changes in U.S. financial conditions on financial conditions and real economic activity in Canada. It shows that close to a … autoregressions establishes that a tightening in U.S. financial conditions has significant implications for real activity in Canada …
Persistent link: https://www.econbiz.de/10014401284