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Empirical evidence suggests that people dislike ads in media products like TV programs. In such situations standard economic theory prescribes that the advertising volume can be optimally reduced by levying a tax on ads. However, making use of recent advances in the theory of Industrial...
Persistent link: https://www.econbiz.de/10003820002
policy. We study how firms form their inflation expectations using quarterly firm-level data from the Bank of Canada … structural shift specifications suggests that inflation expectations in Canada have drifted downward since the Great Recession …
Persistent link: https://www.econbiz.de/10011540769
,rather than exchange rate regimes and questions of policy credibility and political accountability are crucial. Canada's recent … performance are assessed. The most economically attractive among alternative monetary orders, the adoption by Canada of the US … politically attainable. Intermediate arrangements are unattractive and clearly inferior to Canada's current monetary order. …
Persistent link: https://www.econbiz.de/10011541166
viewpoint of the foreign country. Calibrating the model to match industry-level data in the U.S. and Canada, we show that at …
Persistent link: https://www.econbiz.de/10011481156
intertemporal spatial voting framework to study the fiscal history of the Government of Canada from 1870 to 2000. The long time …
Persistent link: https://www.econbiz.de/10011509394
This paper evaluates two approaches to work-sharing by examining both within the same macro model. The standard approach involves imposing a quantity constraint on labour market participants (a maximum number of standard hours for each worker). This approach is compared to a revenue-neutral...
Persistent link: https://www.econbiz.de/10009781660
relation to Canada’s fiscal structure. By fiscal structure we mean three distinct but interrelated fiscal dimensions of the …
Persistent link: https://www.econbiz.de/10011899070
real time in Canada. Stronger survey results lead to a significantly higher policy rate over the period of study (2001 …. We use data from the Bank of Canada’s quarterly Business Outlook Survey. Given our short sample, we however focus on …
Persistent link: https://www.econbiz.de/10011899117
companies to reduce subnational corporate taxes in Canada. A simple theoretical model shows how interjurisdictional tax planning … suggests income shifting has pronounced effects on provincial tax bases in Canada. According to our preferred estimate, the …
Persistent link: https://www.econbiz.de/10011399729
incentives by firms. Using a large panel data set of workplaces in Canada, our identification strategy relies on exogenous …
Persistent link: https://www.econbiz.de/10003854411