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1570 Results

November 12, 2002

Staying the Course

Remarks David Dodge a panel discussion at the Banco de México Mexico City, Mexico
The dramatic events of the last two years and growing concern about the near-term prospects for the global economy have created a climate in which policy-makers focus only on current economic developments and lose sight of longer-term goals.
October 15, 2007

The Global Foreign Exchange Market: Growth and Transformation

Barker examines changes in the foreign exchange market, which is in a period of transition. Since the mid-1990s, three closely inter-related and mutually reinforcing factors–electronic trading platforms, a changing mix of market participants, and computer-driven algorithmic trading strategies–have been accelerating market growth and are creating a profound structural transformation. As the balance of market participation shifts between bank and non-bank accounts, large and small participants, and domestic and global players, the market is adopting some of the characteristics of an "exchange" model and is arguably becoming more liquid and operationally efficient.

The Distributional Origins of the Canada-US GDP and Labour Productivity Gaps

Staff working paper 2024-49 James (Jim) C. MacGee, Joel Rodrigue
We find the top 10% of the income distribution accounts for three-quarters of the gap in GDP per adult between Canada and the United States. The large gaps in income for high-income earners help distinguish between alternative explanations of this persistent gap in GDP per adult.
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