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collapse; for example, artificial increases in employment in nonproductive public services entailing low productivity …; increasing wages above those guaranteed by productivity increases; an increasing budget deficit which was used primarily for …
Persistent link: https://www.econbiz.de/10011093757
unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not … succeed in finding workable mechanisms. They rather fought stagflation with the ideology of the day, shifting from vulgar … seemed to solve stagflation but only repressed it and resulted into the crisis since 2007. The return of regulation also …
Persistent link: https://www.econbiz.de/10011108214
OECD countries we find an explanation for the Great Stagflation since 1970 that was masked by financial deregulation. (6c …
Persistent link: https://www.econbiz.de/10011109700
This paper examines the policies of Australia and Canada towards international reconstruction after World War Two and …
Persistent link: https://www.econbiz.de/10005775742
This is a review article by Andrew Sharpe from the Centre for the Study of Living Standards of Angus Maddison's path-breaking new book, The World Economy: A Millennial Perspective. The article summarizes Maddison's key findings in a number of areas, with particular emphasis on his estimates of...
Persistent link: https://www.econbiz.de/10005518964
Expenditure Surveys of Statistics Canada. Simple OLS regressions show that the determinants of Canadian diversity demand are … bestätigen, dass die Nachfrage nach Lebensmittelvielfalt in Kanada von ähnlichen Determinanten bestimmt ist wie in anderen …
Persistent link: https://www.econbiz.de/10009326504
Persistent link: https://www.econbiz.de/10004998681
Persistent link: https://www.econbiz.de/10005056400
article, Benoit Robidoux and Bing-Sun Wong from Finance Canada examine the issue of whether trend productivity growth has … authors find that Canada experienced a greater pick-up in total factor productivity growth than the United States. Increased …Trend productivity growth is a crucial determinant of future living standards as well as fiscal balances. In this …
Persistent link: https://www.econbiz.de/10005292740
cent of that in Ontario in 1960 to 86 per cent in 1999. He decomposes this change into three sources: productivity …
Persistent link: https://www.econbiz.de/10005481825