Macro Economic Theory and the Canadian Economy PDF Download
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Author: Paul Arthur Phillips
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 142
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Book Description
Author: Paul Arthur Phillips
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 142
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Book Description
Author: Panos Afxentiou
Publisher: Springer Science & Business Media
ISBN: 1461510171
Category : Business & Economics
Languages : en
Pages : 214
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Book Description
Macroeconomic Policy in the Canadian Economy investigates developments in Canada over the last forty years, using recent advances in the field of applied econometrics. In particular, the book analyzes the theoretical foundations of public sector activities and evaluates the several theories of government growth. Issues of convergence are also investigated as they manifest themselves in per capita income across Canadian provinces, and as to how successful government income equalization policies have been in furthering such convergence. Moreover, the openness of the Canadian economy is investigated in terms of the importance of exports on GDP growth and of its participation in the world of an internationally integrated capital market. The book also analyzes monetary policy issues and investigates the role of monetary aggregates and the effectiveness of monetary policy. Finally, it addresses the issue of the existence or not of electoral and partisan cycles in Canada, by incorporating both fiscal and monetary principles and applying them to the lively world of Canadian politics.
Author: Richard G. Lipsey
Publisher: Cheltenham, UK : E. Elgar Pub.
ISBN:
Category : Business & Economics
Languages : en
Pages : 498
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Book Description
An autobiographical introduction is followed by 20 essays which consider the Phillips Curve, wage rates and profits; the various theories of the causes of inflation, exploring issues such as the depreciation of money, monetarism, and cost-push versus demand-pull inflation; anti-inflation policies, focusing on incomes policies, trade credit and monetary policy and wage-price controls; an evaluation of Keynesian microeconomics, as well as inflation and the national income model; and supply-side economics. No index. Annotation copyrighted by Book News, Inc., Portland, OR
Author: John Arthur Sawyer
Publisher:
ISBN:
Category : Canada
Languages : en
Pages :
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Book Description
Author: John A. Sawyer
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 424
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Book Description
Author: Robert Ernest Hall
Publisher: New York : W.W. Norton
ISBN: 9780393965445
Category : Business & Economics
Languages : en
Pages : 626
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Book Description
Covers recent issues such as the changing industrial structure of the Canadian economy, the effect of the introduction of the GST, monetary policy and regional disparity, and the pros and cons of exchange rate intervention. This second edition includes material on open economy macroeconomics and international trade, additional chapters on growth, trends, and policy applications of macroeconomic theory, and exercises using MacroSolve software. Annotation copyright by Book News, Inc., Portland, OR
Author: Christopher T. S. Ragan
Publisher:
ISBN: 9780134835822
Category : Macroeconomics
Languages : en
Pages : 560
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Book Description
Note: You are purchasing a standalone product; MyLab Economics does not come packaged with this content. Students, if interested in purchasing this title with MyLab Economics, ask your instructor for the correct package ISBN and Course ID. Instructors, contact your Pearson representative for more information. Ragan is a classic text known for its rigor, detail, breadth, and balance. It provides clarity without intellectual compromise and is considered the most trusted and reliable text in the market.. If you would like to purchase both the physical text and MyLab Economics, search for: 0135322855 / 9780135322857 Macroeconomics Plus MyLab Economics with Pearson eText -- Access Card Package, 16/e Package consists of: 0134835832 / 9780134835839 Macroeconomics, Sixteenth Canadian Edition, 16/e 0135233453 / 9780135233450 MyLab Economics with Pearson eText -- Standalone Access Card -- for Macroeconomics, 16e
Author: Douglas Curtis
Publisher:
ISBN: 9781511779333
Category :
Languages : en
Pages : 466
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Book Description
This open text provides complete, concise coverage of introductory macroeconomic theory and policy. It examines the Canadian economy as an economic system, and embeds current Canadian institutions and approaches to monetary policy and fiscal policy within that system. Particular attention is given to the recent structure, performance, and evolution of the Canadian economy, and to the current targets and instruments of Canadian monetary and fiscal policy.These are exciting and challenging times in which to study macroeconomics. We focus on short-run macroeconomic performance, analysis, and policy motivated by the recessions of the early 1980s and 1990s, the financial crisis and recession of 2008-2009, and the prolonged recovery in most industrial countries. To that end, the text examines macroeconomic institutions, performance, and policies in ways that help students understand and evaluate critically the news media coverage and broader public discussion of:- Recessions and recoveries, unemployment, inflation, deflation and conditions in financial markets-topics of ongoing reporting, discussion, and debate.- Monetary and fiscal policy announcements and discussions focused on inflation targets, interest rate settings, budget balances, tax rates, expenditures, and public debt targets as these affect economic performance.- Exports, imports, international capital flows, foreign exchange rates, and the importance of the international sector of the Canadian economy.- Economic growth, productivity growth, and the importance of productivity growth for standards of living in Canada and other countries.A traditional Aggregate Demand and Supply model is introduced to provide a consistent analytical framework for development of sector topics that follow. The analysis builds on a study of short-run business cycle fluctuations in output and employment, under constant equilibrium price conditions. The balance of payments, exchange rate policy, and monetary and fiscal policy under different exchange rate systems complete the short-run open economy model.A basic modern Aggregate Demand and Supply model of output and the inflation rate is also developed based on:- Current Canadian monetary policy based on inflation targets, interest rate policy instruments, and current Bank of Canada operating techniques, including the potential for quantitative or credit easing.- Current Canadian fiscal policy based on deficit and debt control targets, the government's budget function, the temporary shift to fiscal stimulus in 2009 and the implications for budget balances and the public debt.Numerical examples, diagrams, and basic algebra are used in combination to illustrate and explain economic relationships. Students learn about the importance of trade flows, consumption; government budgets; money supply; financial asset prices, yields, and interest rates; employment and unemployment; and other key relationships in the economy. Canadian and selected international data are used to provide real world examples and comparisons.The text is supported by Lyryx Learning, offering editorial services to develop and adapt open content, formative online assessment, course supplements, and support to both the students and instructors.
Author: Nanda K. Choudhry
Publisher: University of Toronto Press
ISBN: 144265466X
Category : Business & Economics
Languages : en
Pages : 166
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Book Description
The TRACE (Toronto annual Canadian econometric) model is an annual, non-linear econometric model of the Canadian economy designed primarily to forecast the statistics which appear in the principal tables of the Canadian National Income and Expenditure Accounts. TRACE is the first Canadian econometric model from which a published ex ante forecast has been made. In this book the authors describe the model and a high-speed computer. They show how the effects of alternative combinations of federal government policies can be examined by producing sets of conditional forecasts from the model. Both impact and long-run multiplier effects of changes in fiscal and monetary policy are derived from simulation experiments performed with the model. The results show the different effects that are obtained under régimes of fixed and floating foreign exchange rates. The book presents the economic theory underlying the model and provides information on estimates of the structural parameters of the Canadian economy. It will be of interest to those engaged in economic forecasting and policy analysis, as well as those studying macro-economic theory and econometric methods.
Author: Joseph E. Stiglitz
Publisher: New York : W.W. Norton
ISBN: 9780393970548
Category : Business & Economics
Languages : en
Pages : 489
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Book Description
Shaped by the groundbreaking research that earned Professor Stiglitzthe Nobel Prize in Economic Sciences, and by Professor Boadway'sintimate knowledge of the Canadian economy, the First Edition of thesecompanion texts changed the way introductory Canadian economics istaught. Paying close attention to significant topics neglected by mostprinciples-level texts-such as imperfect markets and the centrality oftechnological change in modern economies-the authors provided beginningstudents with the tools to interpret economic realities in the worldaround them. The Second Edition continues this tradition. Updated toreflect recent economic change and with more tightly focused chapters,the Second Edition remains the strongest text for students of Canadianeconomics.
