This paper presents an empirical analysis on the macroeconomic determinants of aggregate job-related training activity across fourteen OECD countries. Training data comes from the International Adult Literacy Survey. We find that compression at the bottom of the wage distribution has a...

The first note treats the transition from a barter economy to a monetary one from the viewpoint of the theory of clubs. The second note demonstrates the possibility that in general equilibrium the use of a less costly means of exchange man not be beneficial to every agent. The third note shows...

In this paper, we assess the current federal fiscal policy using the budget forecast of February 1984 and some macroeconomic concepts. The payments of interest on the public debt are of considerable importance in our analysis. We also give our opinion on the macroeconomic impact of a certain...

The objective of this paper is to analyse the evolution of regional disparities in income/output per capita in Canada over a long time interval in light of the recent studies on convergence. We analyse regional convergence in Canada by estimating β-convergence and testing stationarity of...

In this paper, an explanation of the situation of Francophone Quebekers in the National Hockey League will be presented. This explanation is in contradiction with the one proposed by Michel Boucher in the September 1984 issue of this review. We call upon the economic theory of discrimination in...

In this paper, we investigate whether it is preferable for Canadian regions to individually adopt the U.S. dollar or to remain with the current currency arrangement. The empirical analysis focuses on the cross-correlations of various business cycle measures of Canadian regions, of Canada, and of...

This paper provides an empirical analysis of the comparative evolution of interprovincial and international trade and their effects on regional growth for the Canadian provinces since 1981. Two sets of results emerge from the analysis. First, it appears that the rapid expansion of international...

This paper investigates the conditional convergence of both human capital indicators and nominal per capita income across Canadian provinces in a panel-data empirical framework. Long-run relative provincial steady states are determined by relative rates of urbanization, onetime shocks to...

We derive synthetic time series over the 1960-1995 period on the literacy level of labor market entrants from the demographic profile of the 1994 International Adult Literacy Survey. This information is then used as a measure of investment in education in a two-way error correction panel data...

We derive synthetic time series over the 1951-2001 period of the skills of labor market entrants for the 10 Canadian provinces from the 2003 ALL survey. The effect of the skills variable on regional income is significant and substantial. Skills acquired by one extra year of schooling result in...