Policy Formation in an Open Economy, Svazek 1

adjustment age-sex groups aggregate demand aggregate unemployment rate analysis approach assets assumptions average balance of payments balance-of-payments Canada Pension Plan capital changes coefficient constraint costs countries differentials domestic credit economic policy economists effects equation equilibrium estimate excess demand expected expenditure exports financial institutions fiscal fixed exchange rate foreign full employment growth implies important incomes policy increase industries inflation inflationary interest rates international reserves investment labour force labour market tightness long-term measure ment million monetary policy money supply objective function Ontario output paper percent period personal income Phillips curve political pollution price level prime-age male rate problems production programs provinces rate of inflation reduce regional disparities relative Rest-of-World rise sector shift spending Statistics Canada strategy Table tion trade balance U.S. dollars unem unemployed UNIVERSITY OF CALIFORNIA University of Waterloo variables wage workers