economically small. -- Economic models ; Interest rates ; Transmission of monetary policy ; Productivity ; Potential output …

growth model with macroeconomic variables observed in the data. The paper finds that total factor productivity and the … consumptionleisure trade-off the productivity and labor factors are key to understanding the changes in output, labor supply and labor … productivity observed in the Canadian economy. The paper performs a decomposition of the labor factor for Canada and the United …