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OverviewMacroeconomic 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. Full Product DetailsAuthor: Panos Afxentiou , Apostolos SerletisPublisher: Springer-Verlag New York Inc. Imprint: Springer-Verlag New York Inc. Edition: Softcover reprint of the original 1st ed. 2002 Dimensions: Width: 15.50cm , Height: 1.20cm , Length: 23.50cm Weight: 0.349kg ISBN: 9781461353539ISBN 10: 146135353 Pages: 208 Publication Date: 24 October 2012 Audience: Professional and scholarly , Professional & Vocational Format: Paperback Publisher's Status: Active Availability: Manufactured on demand  We will order this item for you from a manufactured on demand supplier. Table of Contents1 Long Run Growth.- 1. Canadian Economic Development.- 2 Fiscal Policy.- 2. Government Functions and Policies.- 3. Testing Wagner’s Law.- 3 Convergence.- 4. Convergence in GDP.- 5. Convergence in Government Spending.- 4 Policy in the Open Economy.- 6. The Role of Exports.- 7. Saving, Investment, and Capital Flows.- 5 Monetary Policy.- 8. Monetary Aggregates and Monetary Policy.- 9. Common and Codependent Cycles.- 6 Elections and Policy Cycles.- 10. Electoral and Partisan Cycle Regularities.- Conclusions and Epilogue.- References.- Author Index.- Topic Index.ReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
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