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The government of Quebec has launched a major public infrastructure spending program funded essentially by debt. This choice can have long term consequences on growth if the eviction effect is strong. In this paper, we use a recursive dynamic model of the Quebec economy to analyse alternative...
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The economic literature has been investigating the positive relation between public infrastructure spending and the productivity of the private sector since Munnell (1992). We have introduced this relationship into a recursive dynamic computable general equilibrium model of the Quebec economy to...
Persistent link: https://www.econbiz.de/10010971253
In 2005, a wage subsidy program was established in Québec to encourage low-income individuals, particularly recipients of social assistance, to work, by offering them fiscal relief. We analyse the effect of this program (the Prime au travail) with a microsimulation model which determines the...
Persistent link: https://www.econbiz.de/10010833382
The economic literature has been investigating the positive relation between public infrastructure spending and the productivity of the private sector since Munnell (1992). We have introduced this relationship into a recursive dynamic computable general equilibrium model of the Quebec economy to...
Persistent link: https://www.econbiz.de/10010684813
We consider the issue of income distribution modeling in the context of poverty analysis impact based on computable general equilibrium micro-simulation models. The empirical distribution function (EDF) is by far the most commonly used estimator in practice. It is, however, not the only...
Persistent link: https://www.econbiz.de/10010719348