The Canadian Economic and Fiscal Model (CEFM) is used by the Department of Finance to forecast key economic and fiscal indicators as well as to simulate the economic and fiscal effects of policy or economic changes. This paper documents the dynamic forecasting and simulation properties of the...

The first version of the Canadian Economic and Fiscal Model (CEFM) was completed in 1986. Since then, CEFM has been used by the Department of Finance for macroeconomic forecasting and policy analysis. The model has gone through many rounds of revision since its original version. This report...

The Canadian Economic and Fiscal Model (CEFM) is used by the Department of Finance to forecast key economic and fiscal indicators and to simulate the economic and fiscal impacts of policy or economic changes. The theoretical structure of the 1996 version of the model, CEFM96, as well as its...

<TABLE> <TD> <img src="/images/publication/2011MO-01.jpg"></TD> <TD>Sous la direction de Marcelin Joanis et Luc Godbout <p> Si le Québec a été frappé moins durement qu'ailleurs par la dernière récession, il fait toujours face aux importants défis économiques qui se posaient avant la récession : la contraction prochaine du bassin de travailleurs...</p></td></td></table>

Sous la direction de Marcelin Joanis et Luc Godbout Si le Québec a été frappé moins durement qu'ailleurs par la dernière récession, il fait toujours face aux importants défis économiques qui se posaient avant la récession : la contraction prochaine du bassin de travailleurs potentiels,...

In their choice of a field of study, students are assumed by the "neoclassical" theory to be rational, well informed, flexible, and to react to changes in monetary variables. Data from a survey are used to show that students are economic men and women only in a weak sense: 1) they appear to be...

Economists have grown accustomed to measuring the profitability of education with an all-purpose rate of return. Even though the benefits of education are received in the future, the rate of return is obtained by comparing costs and increments in earnings observed in a single period. Since...