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RECENT PUBLICATIONS

RESEARCH STUDIES

Structural Racism in Multicultural Canada
May 2021
The present study looks into racism in multicultural Canada. It examines the factors which have been making the nation increasingly multicultural demographically. It analyses the education, employment, income, and poverty outcomes and finds how racism has played a huge role in the performance of these structural factors. The aboriginal population seems to pay the highest price for their aboriginal identity in terms of the worst education, employment, income, and poverty outcomes. Then follows the visible minorities who are observed to pay the price for their color and (non-Caucasian) race in terms of worse employment, income, and poverty outcomes; this is despite their better performance at university level education than all other population groups. The vicious trap of lower outcomes for the racial population is no accident; it can relate to deliberate, unfair, and discriminatory actions of the white majority population who generally own and control Canada’s institutions.
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Inflation Targeting in Canada Re-evaluated
February 2020
The present study re-evaluates the inflation-targeting monetary framework in Canada with a broader perspective by analyzing its impact on the real economy, macro economy, and financial economy rather than typically the performance of the inflation rate alone. It establishes that under this framework: Canada’s real economy has seen lower rates of domestic investment and GDP growth besides higher rates of unemployment; macro economy has experienced low inflation by virtue of cheap imports
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PAY GAP SURVEYS

Pay Gap between CEOs and Workers in Canadian Industry, 2019
January 2020

2019 survey examines the pay gap between the CEOs and workers in the Canadian industry as a whole and also in its different sectors.

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Pay Gap between CEOs and Workers in Canadian Industry, 2018
January 2019

2018 survey covers how big is the pay gap between the CEOs and all other workers in the Canadian industry as a whole and also in its different sectors

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COMMENTARIES

Why Macroeconomic Structural and Wage-Price Indicators are Puzzling the Policy-Makers
JULY 2019
This commentary tries to answer the puzzling questions – why there is disconnect between inflation and unemployment, unemployment rate and wage rate, monetary policy rate stance and real economy, economic buoyancy and price-wage indicators; and also, why neutral interest rate and natural unemployment rate are declining. it points to the non-representation of the structural realities by the economic data. As official measurements have been deviating
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Inflation Targeting Needs Re-examination in the Developed Economies
October 2018
This commentary investigates how the targeted inflation rate has been achieved successfully amidst stagnant economic growth, declining domestic manufacturing, boiling asset economy, and piling financial vulnerabilities in the developed economies. It re-examines the modus operandi of the inflation targeting as an integral part of the management of the macroeconomy in these economies.
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