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In the wake of the Great Depression, the Canadian government embarked on a stunning reversal in its commercial policy. A key element of its response was the promotion of intra-imperial trade at the Imperial Economic Conference of 1932. This paper addresses whether or not Canadian trade was able...
Persistent link: https://www.econbiz.de/10013122214
This paper builds a Bayesian VAR estimation model of growth for Canada, by focusing specifically on the role of … conditions explain one-third of the total variability in Canada's real GDP growth, although changes in U.S. real GDP growth still … responses shows that U.S. real GDP growth and lending standards will increasingly bear on Canada's growth, implying that a …
Persistent link: https://www.econbiz.de/10013148893
Recent evidence suggests that recessions play a crucial role in promoting automation and the reallocation of productive resources. Consistent with this, I show that in the three previous Canadian recessions, routine jobs were disproportionately lost. COVID-19 is likely to have a similar impact,...
Persistent link: https://www.econbiz.de/10012285610
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In the wake of the Great Depression, the Canadian government embarked on a stunning reversal in its commercial policy. A key element of its response was the promotion of intra-imperial trade at the Imperial Economic Conference of 1932. This paper addresses whether or not Canadian trade was able...
Persistent link: https://www.econbiz.de/10012461415
Persistent link: https://www.econbiz.de/10013531932
Persistent link: https://www.econbiz.de/10014636355
Persistent link: https://www.econbiz.de/10013164724
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