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There has been much talk in the popular press about the difficulty of attaining credibility in the bond markets for the low-inflation policies that have been adopted by a number of central banks in recent years. This credibility problem is particularly severe for those countries that have a...
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rate of the 11 groups of the consumer price index (CPI) in Australia using the Box and Tiao intervention analysis. It was …
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The paper provides estimates of the long-run, tax-adjusted, user cost elasticity of capital (UCE) in a small open economy, exploiting three sources of variation in Canadian tax policy: across provinces, industries, and years. Estimates of the UCE with Canadian data are less prone to the...
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At present there are two general points of view on the economy of early Canada. The dominant viewpoint is that the … approximations of real gross domestic product for early Canada. Comprehensive and accurate censuses prepared for Canada by colonial … per capita output series and growth rate, and permit for empirically grounded comparisons of early Canada with British …
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