Macroeconomics and the Canadian income-security system : an overview / by Pierre Perron. : EC22-3/1987-336E-PDF

"This study considers the macroeconomic effects of the various income-security programs in Canada. We review the recent literature on this subject somewhat extensively. Four sets of programs are considered as they refer to different groups in the economy: the poor, the elderly, the family and the unemployed. Most of our attention centers on effects other than those directly related to distortions created in the labor market by changes in incentives to work. Thus our main concerns are the saving-consumption decisions of the household and their concomitant effects on variables such as: the capital stock, growth rates of the economy, inflation, the unemployment rate, etc. We also analyse the effects of economic conditions themselves on the income security programs and the level of poverty; in particular the influence of the overall growth in GNP on the poverty level. In each case we present both the theoretical considerations and the empirical evidence found to support them"--Abstract, p. iii.

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