The Exchange Rate, Productivty, and the Standard of Living
نویسندگان
چکیده
• Canada’s standard of living relative to the United States as well as the Canadian-U.S. dollar exchange rate have both declined over the 1990s. This coincident occurrence has led some observers to maintain that these two key economic variables are intimately and causally related. Indeed, they argue that Canada’s flexible exchange rate is responsible for the relative fall in the standard of living and that the decline could have been avoided had Canada been on a fixed exchange rate over this period.
منابع مشابه
An Analysis of Economic Implications of the UK Leaving the EU
W hether the United Kingdom (UK) should remain in the European Union (EU) or not has been a fiercely debated issue both before and after the referendum in the UK on June 23, 2016. The main purpose of this paper is to evaluate the pros and cons of the UK leaving the EU. It is concluded that if the UK leaves the EU, the resulting economic shock would risk adverse effects on macroecono...
متن کاملبررسی اثرات نامتقارن نوسانات نرخ ارز بر قیمت کالاهای صادراتی
A standard assumption in the empirical literature is that exchange rate pass-through is both linear and symmetric. This implies that size (large-versus-small exchange rate changes) and direction (currency appreciations-versus-depreciations) have similar effects. In this paper these assumptions have investigated for Iran's export prices. So, this paper examines the asymmetric exchange rate pass-...
متن کاملMeasure the Fluctuation of the Stock Index According to Approximate Entropy and Standard Deviation
Abstract. The concept of entropy has been widely extended to other fields, including information theory and economic research. The economic financial sector of any country is the supplier of financial resources and real economic activities, which are divided into two parts: the money market and the capital market. In this paper, two criteria, approximate entropy and standard deviation have been...
متن کاملThe study of the status of living standards and related socioeconomic factors among the elderly in Tehran
Expended Abstract Introduction: Today, due to advances in health and economic development, we are witnessing improvements in living standards and life expectancy. On the other hand, after a period of fertility, in recent decades the proportion of the elderly has grown by decreasing women’s fertility rates. The phenomenon of increasing the aging population is one of the most important challenge...
متن کاملThe Effect of Economic Growth Volatility on Selected Industries in Tehran Stock Exchange
The main purpose of this study is to investigate the effects of economic growth rate shock on the selected industries value in the Tehran Stock Exchange; For this purpose, in the present study, the effects of economic growth rate shock were investigated by applying the time-varying parameter factor-augmented vector autoregressive model (TVP-FAVAR) and using quarterly data during the period (2...
متن کامل