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Canada, comparing Canada with the United States and reviewing briefly what the literature says about the most likely drivers … of the rise in inequality. Data show that income inequality in Canada increased substantially during the 1980s and first … has been higher than in Canada for the last four decades, with the main differences observed at the high end of the income …
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The intergenerational income elasticity is a crucial measure of income mobility. In this paper we develop a structural model to examine the channels through which this elasticity operates. Using data from the Panel Study of Income Dynamics, we separately identify the human capital and the...
Persistent link: https://www.econbiz.de/10012902643
This paper examines the challenges faced by the European Central Bank since the outbreak of the global financial crisis. From 2008 to 2014, the need to preserve the correct functioning of the monetary policy transmission mechanism and ensure the supply of credit to the private sector stretched...
Persistent link: https://www.econbiz.de/10012865150
properties which is what we explore in this paper. For Canada, we show that the magnitude of redistributions of an unexpected 1 …
Persistent link: https://www.econbiz.de/10003773003
inflation such as the U.S. and Canada. For example, in Canada, a systematic review of the current inflation targeting framework … assessing the redistributional effects of inflation in Canada that arise through the revaluation of nominal assets and …
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