This paper extends the analytical framework provided by Glick and Rogoff (JME 1995) to an economy with traded and nontraded goods, and it analyzes the impact of country-specific and global productivity shocks on the current account and investment that are largely consistent with the empirical...

The goal of this paper is to compare the well-being of young children in Canada, Norway and the United States. Many economic models focus on children's eventual well-being by adopting an investment perspective. While this is important, children's well-being today should also count when we assess...

Direct measures of skill attainment, such as the International Adult Lite racy Survey, have been justified as a way to assess the relative importance of specific skills in determining labout market oucomes, but such scores are the product of complex statistical procedures, and alternative...

This paper uses a poverty intensity measure to provide additional empirical evidence on the assimilation of immigrant cohorts over time in Canada. This method is used because a reliable, and conservative, indicator of the poor integration of immigrants is the disproportional, prolonged poverty...

The objective of this paper is to develop an index of economic weel-being for Canada for the period 1971 to 1997 using a framework originally laid out by Osberg (1985). Although the economic well-being of a society depends on the level of average consumption flows, aggregate accumulation of...

In this paper we discuss the axiomatic approach to poverty measures and propose a unified framework for the Sen indices of poverty intensity which shows an explicit connection between the indices and their common underlying social evaluation function. We also identify the common multiplicative...

This paper analyzes the impact of hedging activities of large Canadian oil and gas companies on their stock returns and firm value. Differing from the existing literature this research finds that some of these relationships are nonlinear based on the framework of nonlinear generalized additive...