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Interest Rates, Unemployment and Inflation in the 1990s: The Canadian Experience

Fortin, Pierre - Center for the Study of Living Standards (CSLS); The …

In this chapter, Pierre Fortin provides a critique of the conduct of Canadian monetary policy in the 1990s, a critique that he developed throughout the decade. While not denying that the US economic slowdown in the early 1990s reduced growth in Canada, Fortin lays the blame for the inferior...

Persistent link: https://www.econbiz.de/10005157590

Deficit Elimination, Economic Performance and Social Progress in Canada in the 1990s

Drummond, Don - Center for the Study of Living Standards (CSLS); The …

In this chapter, Don Drummond makes the case that with large deficits there was little room for the Bank of Canada to reduce interest rates to stimulate the economy and generate revenues. It was imperative that the deficit be eliminated. Tax rates were already high so the government had no...

Persistent link: https://www.econbiz.de/10005157589

Editor’s Overview

Sharpe, Andrew - In: International Productivity Monitor 12 (2006) Spring, pp. 1-4

This twelth issue of the International Productivity Monitor, published by the Centre for the Study of Living Standards …

Persistent link: https://www.econbiz.de/10005157592

Monetary Policy and the Economic Well-being of Canadians

Jenkins, Paul; O'Reilly, Brian - Center for the Study of Living Standards (CSLS); The …

In this chapter, Paul Jenkins and Brian O'Reilly survey the monetary policy developments in the 1990s, focusing on links between monetary policy and the economic well-being of Canadians. The Bank of Canada economists do admit that tight monetary policy in the early 1990s hurt growth in the...

Persistent link: https://www.econbiz.de/10005481816

The current state of research on the two-way linkages between productivity and well-being

Sharpe, Andrew; Fard, Shahrzad Mobasher - 2022

productivity slowdown. Since productivity growth is recognized as being by far the most important long-term source of sustainable … developments raise a number of issues related to the two-way linkages between productivity and well-being. First, does slower … productivity growth constitute a significant threat to the betterment of the well-being of the world's population, and, if so, by …