By Denis N. Magnusson, Daniel A. Soberman, William R. Lederman, Queen's University
Patrick Monahan (Osgoode corridor) and Francois Chevrette (Montreal) examine Lederman's position in federalism scholarship; Robin Elliott (UBC) rethinks S.96 based on rights instead of energy; Diana Majury (Carleton) examines equality in a postmodern period; Kathleen Mahoney (Calgary) compares Canadian and American jurisprudence on the subject of pornography, hate propaganda, and freedom of expression; Don Stuart (Queen's) evaluates the consequences of constitution rights on felony legislation; Darlene Johnson (Ottawa) examines crew rights as regarding Aboriginal peoples; and Madame Justice Bertha Wilson examines equipment of appointment and pluralism. different participants contain Christine Boyle (UBC), Tom Cromwell (Dalhousie), Jacques Fremont (Montreal), Martha Jackman (Carleton), Wayne MacKay (Dalhousie), Ian Scott (Gowling, Strathy and Henderson), and Lynn Smith (UBC). Canadian Constitutional Dilemmas Revisited contributes invaluable scholarly views for Canadians and others confronted with the duty of redefining political groups and resolving urgent constitutional matters.
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Extra resources for Canadian Constitutional Dilemmas Revisited (Institute of Intergovernmental Relations)
Conversely, with respect to output, unemployment-employment sensitivity tended to increase. Countries in the sample with stable inflation levels did not exhibit such an inverse relationship. The most important determinants of the flexibility indicators are labor market reforms. Long-term relationships are studied using a standard production function and the permanent component of the HP decomposition of the series. In all seven countries that implemented a price stabilization program, the output elasticity of employment increased, implying higher productivity and lower employment generation.
There has been a deterioration of the labor share since the early 1970s. This paper makes three important contributions to the debate over labor market reform in Latin America. First, this is the first time that Okun coefficients or any other uniform methodology has been applied over such a long time period and wide range of countries. In fact, there is surprisingly little comparative econometric work on Latin American labor markets. In addition, this paper compares results with the United States.
Okun ratios greater than 1 indicate that output fluctuations magnify wage responses in Argentina, Bolivia, Chile, Costa Rica, Mexico, Peru, Uruguay, and Venezuela. The transmission mechanism is that inflation allows for rapid real-wage adjustments through less-than-full nominal wage indexation. The observation corroborates the fact that output shocks in Latin America place a large burden on salaried employees rather than creating unemployment. S. labor market to cyclical output shocks when compared with any country in Latin America.