Growth and unemployment in eastern Canada / by Neil Swan.: EC22-3/1978-105E-PDF

"For a generation or more, Quebec and the Atlantic region have had sharply higher unemployment rates than the rest of Canada, the United States, and Western Europe. Two explanations have generally been given for this problem. One, in a neoclassical tradition, suggests that seasonality, and structural and frictional problems in the labour market of Eastern Canada, account for the unemployment difference. The second sees the cause as weakness in demand for products from the region, especially exports of manufactured products to the rest of the country or the rest of the world. The paper argues that these explanations can only be part of the story, for each is contradicted by some of the observed data. A model is developed which is in closer conformity with observation. It incorporates elements of both the above theories, but also allows for additional chronic unemployment, caused by pressure to attain wage parity with the rest of Canada"--Summary, p. iv.

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Publication information
Department/Agency Economic Council of Canada.
Title Growth and unemployment in eastern Canada / by Neil Swan.
Series title Discussion paper ; no. 105
Publication type Series - View Master Record
Language [English]
Format Electronic
Electronic document
Note(s) "February 1978."
Digitized edition from print [produced by the Publishing and Depository Services Directorate].
Includes bibliographic references.
Includes summary in French.
Publishing information Ottawa : Minister of Supply and Services Canada, c1978.
Author / Contributor Swan, Neil M., 1937-
Description iv, 46 p. : charts
Catalogue number
  • EC22-3/1978-105E-PDF
Subject terms Unemployment
Income
Economic conditions
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