...Adian A. McFarlane; Anupam Das; Murshed Chowdhury Purpose – The purpose of this paper is to examine the relationship among employment, real wage, and output growth in Canada. Design/methodology/approach – Using quarterly data from 1994q2 to 2012q3, this paper employs a vector autoregressive...

... identification scheme were used in the empirical analysis. With the aid of quarterly data covering the period 1990:1 to 2008:4, the identified true models are used to estimate various impulse‐response functions. The impulse‐response functions represent the responses of real output and interest rates to shocks...

...Philip Lawler Examines the effects of a monetary expansion on certain key macroeconomic variables, in particular the nominal exchange rate,competitiveness, and domestic output and employment, using a modified version of the Dornbusch (Journal of Political Economy, 1976)model. Dornbusch′s...