Canada and the United States. The simulation model determines the perfect foresight transition path of an economy in which … handling changes in demographics and fiscal policies, the model can be run for closed or open economies.In comparing Canada … interest rates obtained from the U.S. simulations are then used in the Canadian simulations. In the Canada simulations, Canada …

The persistence of high savings-investment correlations and home-country bias in portfolio construction at the national … level is contrasted with new evidence of savings behaviour in Canadian provinces. We confirm that national borders clearly … significant correlation between national savings and investment, among provinces that effect disappears. We discuss the …

pension system reform in Canada. In this paper, we draw on internationally comparable survey evidence on financial literacy … and retirement planning in Canada to investigate how financially literate Canadians are and who does plan for retirement … retirement savings …

particular? Britain placed half of her annual savings abroad during those seven years, and 76 percent of it went to the New World … countries of Canada, Australia, the USA, Argentina and the rest of Latin America. The resource abundant New World was endowed … analysis shows that these dependency burdens served to choke off domestic savings in the New World, thus creating an external …

Using unique survey and administrative data from the Canada Student Loans Program, we document that parental support … and personal savings substantially lower student loan repayment problems. We develop a theoretical model for studying … may be inefficient and lead to undesirable redistribution. Empirically, we demonstrate that expanding Canada’s income …

Recent evidence suggests that the default options implicit in economic choices (e.g., 401(k) savings by white … effect of defaults on savings among a highly policy-relevant population: low-income tax filers. In the control condition, tax … filers could choose (i.e., opt in) to receive some of their federal tax refund in the form of U.S. Savings Bonds. In the …

) through both a savings channel and an effective labor supply channel. The effects can be quantitatively large if the …