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In this paper I apply the work of Abrams and Iossifov (2006) to monetary policy in canada to see if same political party affiliation is needed to produce evidence of political opportunism. After modifying their anaylsis to maintain consistency in the time series dimensions of their variables for...
Persistent link: https://www.econbiz.de/10005838412
In a series of recent papers, education economists such as Charles Manski (1992), Dennis Epple and Richard Romano (1998a, 1998b) and Thomas Nechyba (1999) have emphasized the presence of one particular educational spillover in the use of school vouchers – the “peer group” problem. This is...
Persistent link: https://www.econbiz.de/10005838419
This paper asks whether comprehensive, non-interest government size has an inverted Ushaped effect on private economic output in Canada and whether its current size is too large relative to the estimated tipping point. Using data from 1929 through 2011 and controlling for both correlations...
Persistent link: https://www.econbiz.de/10011251851
This paper examines the regularity that business cycle peaks and federal elections often arise together in parliamentary democracies as it applies to Canadian data over the post Confederation time period (1870 onwards). Breaking the simultaneity of these two events and properly identifying...
Persistent link: https://www.econbiz.de/10009004854
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In this paper we show that the abundance of a natural resource such as oil need not present a curse for the domestic economy, dooming the non-oil sector to secondary status and a long period of stagnation and decline. Rather oil revenues can themselves be source of economy wide growth. What is...
Persistent link: https://www.econbiz.de/10010928927
This paper re-examines the relation between private economic performance and federal government size in Canada over the long 1870-2011 time period. The particular focus is on whether the effect of government size on private output has an inverted U shape with a tipping point. Its innovation is...
Persistent link: https://www.econbiz.de/10010928932