We examine the implications of increased unconventional crude oil production in North America. This production increase has been made possible by the existence of alterna[...]

In this paper, the author considers whether fundamentals or other factors can explain the yen's ongoing weakness. In particular, the importance of capital outflows due to[...]

This paper discusses broad trends in labour force participation and part-time employment across different age groups since the Great Recession and uses provincial data to[...]

The international business cycle is very important for Latin America’s economic performance as the recent global crisis vividly illustrated. This paper investigates how c[...]

This paper examines the relationship between aggregate consumer spending and credit availability in the United States. The author finds that consumer spending falls (rise[...]

Despite a vast empirical literature that assesses the impact of financial integration on the economy, evidence of substantial welfare gains from consumption risk sharing [...]

We examine the ability of the simple linear-quadratic model under rational expectations to explain dynamic behaviour of aggregate Canadian imports. In contrast to authors[...]

Futurists have been speculating about the prospects for a cashless society for many years, and such predictions became more frequent following the introduction of "smart"[...]

The authors explore the usefulness of macroeconomic models in analyzing global economic developments by examining movements in commodity prices between July 2007 and July[...]

We examine whether there is a significant relationship between government and private consumption for Canada. We derive estimating equations between the two types of cons[...]