Canada: Selected Issues
August 5, 1998
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This Selected Issues paper reviews the factors that may explain high and persistent unemployment in Canada, with particular emphasis on the role that a decline in the relative cost of capital may have had on trend unemployment. The analysis suggests that in Canada a declining trend in the cost of capital, associated with technological changes and innovations, has been an important factor in explaining the rise and persistence of unemployment. The paper also analyzes recent trends in personal saving in Canada and macroeconomic effects of the government debt
Subject: Expenditure, Health, Health care, Health care spending, Inflation, National accounts, Prices, Private savings
Keywords: Africa, Asia and Pacific, Canada, Canada's official development assistance, Central and Eastern Europe, CR, Global, Health care, Health care spending, Inflation, ISCR, North America, ODA priority, price level, price-level target, Private savings, saving rate, traditional ODA
Pages:
90
Volume:
1998
DOI:
Issue:
055
Series:
Country Report No. 1998/055
Stock No:
1CANEA0021998
ISBN:
9781451806915
ISSN:
1934-7685
