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forms of unconventional stimulative monetary policy, including quantitative easing. For its part, Canada has averaged 1 … Canada became an inflation-targeting central bank. We improve on previous work on Canadian monetary policy effectiveness by … estimate the impact of aging in Canada more precisely. Results are ambiguous on monetary policy's effectiveness over the last …
Persistent link: https://www.econbiz.de/10012923545
Purpose - Our generation is witnessing the greatest demographic transition and Africa is at the heart of it. There is mounting concern over corresponding rising unemployment and depleting per capita income. I examine the issues in this paper from a long-run perspective by assessing the...
Persistent link: https://www.econbiz.de/10011410551
provides evidence how the shift in the relative labor supply affects labor productivity, taking into account that differently … the expected shift in the age structure affects labor productivity indicates that the productivity of younger and middle … aged workers will increase. In contrast, the productivity of older workers will significantly decline caused by their …
Persistent link: https://www.econbiz.de/10011711005
provides evidence how the shift in the relative labor supply affects labor productivity, taking into account that differently … the expected shift in the age structure affects labor productivity indicates that the productivity of younger and middle … aged workers will increase. In contrast, the productivity of older workers will significantly decline caused by their …
Persistent link: https://www.econbiz.de/10011517710
Persistent link: https://www.econbiz.de/10003859269
Persistent link: https://www.econbiz.de/10008905040
Persistent link: https://www.econbiz.de/10003630859
, coupled with sluggish total factor productivity and investment trend growth, contributes to the decline. Our results highlight …
Persistent link: https://www.econbiz.de/10014482654
This paper investigates growth differences in the urban system of the EU12 over the last decades of the 20th Century. Models in which growth of real GDP p.c. and rates of population growth are the dependent variables are compared. This suggests that it makes sense to model GDP growth in a...
Persistent link: https://www.econbiz.de/10014054323
demographics and the productivity of those who will still be active during the up-coming period of demographic ageing. As … productivity is difficult to investigate at a micro level, the paper builds on a large macro-data panel covering developed as well … output per worker as well as on total factor productivity (TFP). The results confirm earlier findings by Feyrer (2007 …
Persistent link: https://www.econbiz.de/10013316605