Archive - Philip’s economic commentary

The use of multiplicative decompositions in economic analysis

Multiplicative decompositions are often used in economics, although they may not always be thought of as such.

Nov 7 •

September 2024

Real GDP per capita vs real HDI per capita since 2019

Why have they evolved so differently? What are the implications?

Sep 10 •

July 2024

An interesting and not widely understood aspect of the Labour Force Survey

Jul 5 •

June 2024

Accounting for the decline of Canada's real GDP per capita since mid 2022

This paper offers an explanation as to why Canada’s real GDP per capita has been declining since mid 2022.

Jun 6 •

March 2024

Assessing Canada's potential output growth

The recent surge in population growth and prolonged weakness in labour productivity make it difficult to discern Canada's potential economic growth at…

Mar 21 •

January 2024

What can be done to reverse the decline of Canada's real GDP per capita?

There has been much concern among economists and policymakers in Canada recently about the decline in real GDP per capita since mid 2022.

Jan 2 •

September 2023

What drives changes in real GDP per capita?

Economists often use the trend in real GDP per capita as a rough proxy for the trend in overall welfare.

Sep 12, 2023 •

August 2023

Interpreting recent productivity performance in Canada

Exploring why productivity has been decreasing recently

Aug 11, 2023 •

June 2023

The state of the Canadian household sector

Coping with higher interest rates and real wage losses due to unanticipated inflation, are households approaching a crisis or are they still in…

Jun 20, 2023 •

May 2023

Productivity performance in Canada compared to other developed countries

How has Canada fared when juxtaposed with similar economies?

May 29, 2023 •

Canada's recent strong population growth in perspective

An exploration of the relative roles of births, deaths, immigration, emigration and non-permanent residents in ten charts

May 15, 2023 •

Canada's economic outcome in 2022

Canadian GDP growth was quite strong in 2022. Here is a quick review of what happened to production across provinces and territories and industries

May 11, 2023 •

#nojs-banner { position: fixed; bottom: 0; left: 0; padding: 16px 16px 16px 32px; width: 100%; box-sizing: border-box; background: red; color: white; font-family: -apple-system, "Segoe UI", Roboto, Helvetica, Arial, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol"; font-size: 13px; line-height: 13px; } #nojs-banner a { color: inherit; text-decoration: underline; } This site requires JavaScript to run correctly. Please turn on JavaScript or unblock scripts