Measurement of the Output Gap

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Publisher :
ISBN 13 : 9780662260196
Total Pages : 62 pages
Book Rating : 4.2/5 (61 download)

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Book Synopsis Measurement of the Output Gap by : Pierre St.-Amant

Download or read book Measurement of the Output Gap written by Pierre St.-Amant and published by . This book was released on 1997 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses some methodologies for estimating potential output and the output gap that have recently been studied at the Bank of Canada. The assumptions and econometric techniques used by the different methodologies are discussed in turn, and applications to Canadian data are presented. The first group of methods considered are those that simply use some implicit or explicit assumptions about the dynamics of real output to identify the output gap, including the Hodrick and Prescott filter for identifying the cyclical component of output. The second group consists of approaches that combine their assumptions with information from assumed or structural relationships between the output gap and other economic variables. The third class of methods uses multivariate rather than univariate dynamic relationships, often in combination with structural relationships from economic theory, to estimate output gap as a particular transitory component of real output.

Gross National Product, Canada, 1870-1926

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Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 0773563636
Total Pages : 725 pages
Book Rating : 4.7/5 (735 download)

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Book Synopsis Gross National Product, Canada, 1870-1926 by : M. Urquhart

Download or read book Gross National Product, Canada, 1870-1926 written by M. Urquhart and published by McGill-Queen's Press - MQUP. This book was released on 1993-03-24 with total page 725 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book, prepared by M.C. Urquhart, includes shapters on specific sectors of the economy by Alan G. Green, Thomas K. Rymes, Alastair Sinclair, and Marion Steele, and contributions by D.M. McDougall and R.M. McInnis. Gross National Product, Canada, 1870-1926: The Derivation of the Estimates will be an essential reference tool for further investigation into the new basic estimates, qualitative economic history, and Canadian Econometrics.

The Canada Year Book

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ISBN 13 :
Total Pages : 960 pages
Book Rating : 4.:/5 (36 download)

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Book Synopsis The Canada Year Book by : Canada. Dominion Bureau of Statistics

Download or read book The Canada Year Book written by Canada. Dominion Bureau of Statistics and published by . This book was released on 1975 with total page 960 pages. Available in PDF, EPUB and Kindle. Book excerpt:

A Simple Multivariate Filter for Estimating Potential Output

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Publisher : International Monetary Fund
ISBN 13 : 1475565135
Total Pages : 30 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis A Simple Multivariate Filter for Estimating Potential Output by : Patrick Blagrave

Download or read book A Simple Multivariate Filter for Estimating Potential Output written by Patrick Blagrave and published by International Monetary Fund. This book was released on 2015-04-07 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Estimates of potential output are an important ingredient of structured forecasting and policy analysis. Using information on consensus forecasts, this paper extends the multivariate filter developed by Benes and others (2010). Although the estimates in real time are more robust relative to those of naïve statistical filters, there is still significant uncertainty surrounding the estimates. The paper presents estimates for 16 countries and provides an example of how the filtered estimates at the end of the sample period can be improved with additional information.

Global Productivity

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Publisher : World Bank Publications
ISBN 13 : 1464816093
Total Pages : 552 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Productivity by : Alistair Dieppe

Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD

Trends in American Economic Growth, 1929-1982

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Publisher : Brookings Institution Press
ISBN 13 : 9780815718093
Total Pages : 141 pages
Book Rating : 4.7/5 (18 download)

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Book Synopsis Trends in American Economic Growth, 1929-1982 by : Edward Fulton Denison

Download or read book Trends in American Economic Growth, 1929-1982 written by Edward Fulton Denison and published by Brookings Institution Press. This book was released on 1985 with total page 141 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growth rate of national income has fluctuated widely in the United States since 1929. In this volume, Edward F. Denison uses the growth accounting methodology he pioneered and refined in earlier studies to track changes in the trend of output and its determinants. At every step he systematically distinguishes changes in the economy’s ability to produce--as measured by his series on potential national income--from changes in the ratio of actual output to potential output.Using data for earlier years as a backdrop, Denison focuses on the dramatic decline in the growth of potential national income that started in 1974 and was further accentuated beginning in 1980, and on the pronounced decline from business cycle to business cycle in the average ratio of actual to potential output, a slide under way since 1969. The decline in growth rates has been especially pronounced in national income per person employed and other productivity measures as growth of total outputhas slowed despite a sharp acceleration in growth of employment and total hours at work. Denison organizes his discussion around eight table that divide 1929-82 into three long periods (the last, 1973-82) and seven shorter periods (the most recent, 1973-79 and 1979-82). These tables provide estimates of the sources of growth for eight output measures in each period. Denison stresses that the 1973-82 period of slow growth in unfinished. He observes no improvement in the productivity trend, onlya weak cyclical recovery from a 1982 low. Sources-of-growth tables isolate the contributions made to growth between "input” and "output per unit of input.” Even so, it is not possible to quantify separately the contribution of all determinants, and Denison evaluates qualitatively the effects of other developments on the productivity slowdown.

The Harper Factor

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Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 0773548726
Total Pages : 305 pages
Book Rating : 4.7/5 (735 download)

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Book Synopsis The Harper Factor by : Jennifer Ditchburn

Download or read book The Harper Factor written by Jennifer Ditchburn and published by McGill-Queen's Press - MQUP. This book was released on 2016-10-19 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political legacy is a concept that is often tossed around casually, hastily defined by commentators long before a prime minister leaves office. In the case of the polarizing Stephen Harper, clear-eyed analysis of his tenure is hard to come by. The Harper Factor offers a refreshingly balanced look at the Conservative decade under his leadership. What impact did Harper have on the nation’s finances, on law and order, and on immigration? Did he accomplish what he promised to do in areas such as energy and intergovernmental affairs? How did he change the conduct of politics, the workings of the media, and Parliament? A diverse group of contributors, including veteran economists David Dodge and Richard Dion, immigration advocate Senator Ratna Omidvar, Stephen Harper’s former policy director Paul Wilson, award-winning journalists such as Susan Delacourt, and vice-provost of Aboriginal Initiatives at Lakehead University Cynthia Wesley-Esquimaux, make reasoned cases for how Harper succeeded and how he fell short in different policy domains between 2006 and 2015. Stephen Harper’s record is decidedly more nuanced than both his admirers and detractors will concede. The Harper Factor provides an authoritative reference for Canadians on the twenty-second prime minister’s imprint on public policy while in office, and his political legacy for generations to come.

Merger Of The Century

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Publisher : Harper Collins
ISBN 13 : 1443424412
Total Pages : 329 pages
Book Rating : 4.4/5 (434 download)

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Book Synopsis Merger Of The Century by : Diane Francis

Download or read book Merger Of The Century written by Diane Francis and published by Harper Collins. This book was released on 2013-09-27 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: No two nations in the world are as integrated, economically and socially, as are the United States and Canada. We share geography, values and the largest unprotected border in the world. Regardless of this close friendship, our two countries are on a slow-motion collision course—with each other and with the rest of the world. While we wrestle with internal political gridlock and fiscal challenges and clash over border problems, the economies of the larger world change and flourish. Emerging economies sailed through the meltdown of 2008. The International Monetary Fund forecasts that by 2018, China's economy will be bigger than that of the United States; when combined with India, Japan and the four Asian Tigers—South Korea, Taiwan, Singapore and Hong Kong--China's economy will be bigger than that of the G8 (minus Japan). Rather than continuing on this road to mutual decline, our two nations should chart a new course. Bestselling author Diane Francis proposes a simple and obvious solution: What if the United States and Canada merged into one country? The most audacious initiative since the Louisiana Purchase would solve the biggest problems each country expects to face: the U.S.'s national security threats and declining living standards; and Canada's difficulty controlling and developing its huge land mass stemming from a lack of capital, workers, technology and military might. Merger of the Century builds both a strong political argument and a compelling business case, treating our two countries not only as sovereign entities but as merging companies. We stand on the cusp of a new world order. Together, by marshalling resources and combining efforts, Canada and America have a greater chance of succeeding. As separate nations, the future is in much greater doubt indeed.

World Economic Outlook, October 2019

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Publisher : International Monetary Fund
ISBN 13 : 1513516175
Total Pages : 208 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis World Economic Outlook, October 2019 by : International Monetary Fund. Research Dept.

Download or read book World Economic Outlook, October 2019 written by International Monetary Fund. Research Dept. and published by International Monetary Fund. This book was released on 2019-10-15 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global growth is forecast at 3.0 percent for 2019, its lowest level since 2008–09 and a 0.3 percentage point downgrade from the April 2019 World Economic Outlook.

Canada

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Publisher : International Monetary Fund
ISBN 13 : 1498321119
Total Pages : 85 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Canada by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book Canada written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2019-06-24 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Financial System Stability Assessment paper discusses that Canada has enjoyed favorable macroeconomic outcomes over the past decades, and its vibrant financial system continues to grow robustly. However, macrofinancial vulnerabilities—notably, elevated household debt and housing market imbalances—remain substantial, posing financial stability concerns. Various parts of the financial system are directly exposed to the housing market and/or linked through housing finance. The financial system would be able to manage severe macrofinancial shocks. Major deposit-taking institutions would remain resilient, but mortgage insurers would need additional capital in a severe adverse scenario. Housing finance is broadly resilient, notwithstanding some weaknesses in the small non-prime mortgage lending segment. Although banks’ overall capital buffers are adequate, additional required capital for mortgage exposures, along with measures to increase risk-based differentiation in mortgage pricing, would be desirable. This would help ensure adequate through-the cycle buffers, improve mortgage risk-pricing, and limit procyclical effects induced by housing market corrections.

The Growth Report

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Publisher : World Bank Publications
ISBN 13 : 0821374923
Total Pages : 198 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis The Growth Report by : Commission on Growth and Development

Download or read book The Growth Report written by Commission on Growth and Development and published by World Bank Publications. This book was released on 2008-07-23 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.

Literacy Scores, Human Capital and Growth Across Fourteen OECD Countries

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Author :
Publisher : Geological Survey of Canada
ISBN 13 :
Total Pages : 88 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Literacy Scores, Human Capital and Growth Across Fourteen OECD Countries by : Serge Coulombe

Download or read book Literacy Scores, Human Capital and Growth Across Fourteen OECD Countries written by Serge Coulombe and published by Geological Survey of Canada. This book was released on 2004 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a measure of investment in education from the literacy level of labour market entrants, using the 1994 International Adult Literacy Survey.

Factor Forecasting Using International Targeted Predictors

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Factor Forecasting Using International Targeted Predictors by : Christian Schumacher

Download or read book Factor Forecasting Using International Targeted Predictors written by Christian Schumacher and published by . This book was released on 2016 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers factor forecasting with national versus factor forecasting withinternational data. We forecast German GDP based on a large set of about 500 time series, consisting of German data as well as data from Euro-area and G7 countries. For factor estimation, we consider standard principal components as well as variable preselection prior to factor estimation using targeted predictors following Bai and Ng [Forecasting economic time series using targeted predictors, Journal of Econometrics 146 (2008), 304-317]. The results are as follows: Forecasting without data preselection favours the use of German data only, and no additional information content can be extracted from international data. However, when using targeted predictors for variable selection, international data generally improves the forecastability of German GDP.

Trends in the American Economy in the Nineteenth Century

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Publisher :
ISBN 13 : 9780870141805
Total Pages : 791 pages
Book Rating : 4.1/5 (418 download)

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Book Synopsis Trends in the American Economy in the Nineteenth Century by :

Download or read book Trends in the American Economy in the Nineteenth Century written by and published by . This book was released on 1960 with total page 791 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Canada’s Top Climate Change Risks

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Publisher : Council of Canadian Academies
ISBN 13 : 1926522672
Total Pages : 88 pages
Book Rating : 4.9/5 (265 download)

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Book Synopsis Canada’s Top Climate Change Risks by : The Expert Panel on Climate Change Risks and Adaptation Potential

Download or read book Canada’s Top Climate Change Risks written by The Expert Panel on Climate Change Risks and Adaptation Potential and published by Council of Canadian Academies. This book was released on 2019-07-04 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Canada’s Top Climate Change Risks identifies the top risk areas based on the extent and likelihood of the potential damage, and rates the risk areas according to society’s ability to adapt and reduce negative outcomes. These 12 major areas of risk are: agriculture and food, coastal communities, ecosystems, fisheries, forestry, geopolitical dynamics, governance and capacity, human health and wellness, Indigenous ways of life, northern communities, physical infrastructure, and water. The report describes an approach to inform federal risk prioritization and adaptation responses. The Panel outlines a multi-layered method of prioritizing adaptation measures based on an understanding of the risk, adaptation potential, and federal roles and responsibilities.

The Value of Commercial Marine Shipping to Canada

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Publisher :
ISBN 13 : 9781926522265
Total Pages : 116 pages
Book Rating : 4.5/5 (222 download)

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Book Synopsis The Value of Commercial Marine Shipping to Canada by : Council of Canadian Academies. Expert Panel on the Social and Economic Value of Marine Shipping in Canada

Download or read book The Value of Commercial Marine Shipping to Canada written by Council of Canadian Academies. Expert Panel on the Social and Economic Value of Marine Shipping in Canada and published by . This book was released on 2017-05 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The high standard of living that Canadians enjoy is dependent, in part, on Canada's involvement in global trade. About one third of exports and over a quarter of imports by value are transported by water. Shipping is vital to the competitiveness of Canadian commodity exports and is a lynchpin in many Canadian supply chains. In addition to its economic value, shipping is also critical to coastal community survival and food security in the Arctic, as it is often the only source of food and other supplies for Canada's most northern communities. Current trends in technology, climate change, emerging markets, and other factors, however, may influence the value of commercial marine shipping in the future. This assessment will explore the extent of both economic and social value of shipping on Canada and its regions while also looking at how shipping trends now underway might affect Canadian marine shipping activity in the future. Question What is the social and economic value of commercial marine shipping to Canada and its regions? How will global trends related to shipping affect future shipping activity in Canada?--

Historical Statistics of Canada. M.C. Urquhart, Editor. K.A.H. Buckley, Assistant Editor. [With Contribs by H. Marshall, J.H. Perry, E.P. Neufeld A.o.].

Download Historical Statistics of Canada. M.C. Urquhart, Editor. K.A.H. Buckley, Assistant Editor. [With Contribs by H. Marshall, J.H. Perry, E.P. Neufeld A.o.]. PDF Online Free

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Publisher :
ISBN 13 :
Total Pages : 672 pages
Book Rating : 4.:/5 (943 download)

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Book Synopsis Historical Statistics of Canada. M.C. Urquhart, Editor. K.A.H. Buckley, Assistant Editor. [With Contribs by H. Marshall, J.H. Perry, E.P. Neufeld A.o.]. by :

Download or read book Historical Statistics of Canada. M.C. Urquhart, Editor. K.A.H. Buckley, Assistant Editor. [With Contribs by H. Marshall, J.H. Perry, E.P. Neufeld A.o.]. written by and published by . This book was released on 1965 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: