It is generally acknowledged that the Canadian retirement income system (RIS) has successfully contributed to poverty alleviation among seniors and helped maintain an adequate and relatively stable income replacement rate. However, increased longevity, the trend decline in registered pension...

Since Canada is a very open economy, globalisation and increased foreign competition may entail significant long-run labour market and distributional implications. Indeed, with increased foreign competition and China’s accession to the World Trade Organisation (WTO) in 2001, Canada is facing...

This paper presents some of the outstanding innovations featured in the static version of the large, multisector, bi-regional computable general equilibrium (CGE) model of Quebec and the Rest-of-Canada developed for the ministère des Finances du Québec. It focuses on the marginal effective tax...

In this study we assess the impact of the Working Income Tax Benefit (WITB) on labour supply, GDP and income distribution in Canada, using a general equilibrium microsimulation model. We also estimate labour supply and demand elasticities using survey data to ensure that households' behaviour is...

The objective of this paper is to examine the inter-industry and labour market occupational effects of population ageing in Canada, using a computable general equilibrium overlapping-generations model. The model is calibrated along a balanced-growth path, taking into account labour-augmenting...

This study focused on the choice of functional forms and their parametrization (estimation of free parameters and calibration of other parameters) in the context of CGE models. Various types of elasticities are defined, followed by a presentation of the functional forms most commonly used in...

Much current debate focuses on the role of growth in alleviating poverty. However, the majority of computable general equilibrium (CGE) models used in poverty and inequality analysis are static in nature. The inability of this kind of model to account for growth (accumulation) effects makes them...