Labor economists have developed elaborate theoretical models and conducted very advanced econometric analyses of the decision making of households. But this emphasis on the supply side of the labor market has not been matched by any corresponding degree of sophistication in empirical analysis of...

This paper examines the importance of pensions (employment and social security), taxes and government transfers for alternative retirement savings drawdown strategies, based on Canadian evidence. Using as examples single elderly Canadians at the 10th, median and 90th percentiles of the income...

This paper proposes a new and unified framework for the Sen and Sen-Shorrocks-Thon indices of poverty intensity, which shows an explicit connection between the two indices and the underlying social evaluation function. This paper also identifies the common multiplicative decomposition of the two...

One of the costs of high levels of inflation may be misperceptions of relative prices and excessive volatility in sectoral output. This paper, therefore, examines the relationship between the level of inflation and sectoral output growth variability in Canada from 1961:1 to 1995:4. Despite the...