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unemployment to the change in the level of labour force in Canada. Inherently, our model belongs to the class of Phillips curve … uncorrelated noise and systematic errors. Our previous model of inflation and unemployment in Canada is enhanced by the … price inflation accompanied by a substantial fall in the rate of unemployment. Therefore, the new monetary policy in Canada …
Persistent link: https://www.econbiz.de/10008927057
Potential links between inflation and unemployment in Canada have been examined. No consistent Phillips curve has been … between inflation, unemployment and labor force has been obtained for Canada. Similar relationships were reported previously … found likely due to strong changes in monetary policy of the Bank of Canada. However, there were two distinct periods where …
Persistent link: https://www.econbiz.de/10005623216
Using a recursive vector autoregression (VAR), this paper considers the relation between the U.S. real interest rate and the real oil price. Theoretically, as outlined in Hotelling (1931) and Working (1949), a lower real interest rate results in reduced production and increased storage, implying...
Persistent link: https://www.econbiz.de/10009397191
The Gulf Cooperation Council countries (GCC) include Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE. Their monetary policy objective is to stabilize the foreign price, i.e., exchange rate instead of the domestic price level, where the nominal interest rate is equalized with the US...
Persistent link: https://www.econbiz.de/10008529275
Using a half century of data, this empirical study adopts a simple loanable funds to investigate the impact of the budget deficits on the ex post real interest rate yield on high grade municipal bonds in the U.S. Autoregressive 2SLS estimates for the 1960-2012 study period find that the ex post...
Persistent link: https://www.econbiz.de/10011108975
This concept paper reviews the various definitions of the social economy in Canada. …
Persistent link: https://www.econbiz.de/10011211864
Canada has to do with the differential ‘purchasing power’ of their residents? Although the mean level of earnings/income per … ‘household financial health’, and use this to compare the state of affairs in the various provinces of Canada. …
Persistent link: https://www.econbiz.de/10005260297
satisfy demand. A large portion of the oil sands are located in Canada and this gives Canada an opportunity to improve its … economy. Since the discovery, Canada has seen a vast influx in investment for the purpose of extracting these oil deposits …
Persistent link: https://www.econbiz.de/10009402060
provinces. Overall, unemployment differential and income in the sending province appear to be the most important ones, with …
Persistent link: https://www.econbiz.de/10005786945
This paper compares policies with respect to seasonal unemployment in the five Nordic countries with Canada. A key … in spite of the weather fluctuations in seasonal unemployment were much less pronounced than in Canada. This paper … finding of this study is that unlike Canada Nordic countries do notspecifically address seasonal employment. Another was that …
Persistent link: https://www.econbiz.de/10005789581