Overview
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Table of contents (11 chapters)
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Front Matter
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Long Run Growth
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Front Matter
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Fiscal Policy
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Front Matter
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Convergence
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Front Matter
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Policy in the Open Economy
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Front Matter
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Monetary Policy
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Front Matter
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Elections and Policy Cycles
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Front Matter
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Elections and Policy Cycles
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Back Matter
Keywords
About this book
Macroeconomic Policy in the Canadian Economy investigates developments in Canada over the last forty years, using recent advances in the field of applied econometrics. In particular, the book analyzes the theoretical foundations of public sector activities and evaluates the several theories of government growth. Issues of convergence are also investigated as they manifest themselves in per capita income across Canadian provinces, and as to how successful government income equalization policies have been in furthering such convergence. Moreover, the openness of the Canadian economy is investigated in terms of the importance of exports on GDP growth and of its participation in the world of an internationally integrated capital market.
The book also analyzes monetary policy issues and investigates the role of monetary aggregates and the effectiveness of monetary policy. Finally, it addresses the issue of the existence or not of electoral and partisan cycles in Canada, by incorporating both fiscal and monetary principles and applying them to the lively world of Canadian politics.
Authors and Affiliations
Bibliographic Information
Book Title: Macroeconomic Policy in the Canadian Economy
Authors: Panos Afxentiou, Apostolos Serletis
DOI: https://doi.org/10.1007/978-1-4615-1017-8
Publisher: Springer New York, NY
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eBook Packages: Springer Book Archive
Copyright Information: Springer Science+Business Media New York 2002
Hardcover ISBN: 978-1-4020-7069-3Published: 31 July 2002
Softcover ISBN: 978-1-4613-5353-9Published: 24 October 2012
eBook ISBN: 978-1-4615-1017-8Published: 06 December 2012
Edition Number: 1
Number of Pages: XII, 208
Topics: Macroeconomics/Monetary Economics//Financial Economics, History of Economic Thought/Methodology, Econometrics, Development Economics