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Given the tremendous volatility of commodity prices, models used to test the efficiency of futures markets often contain unstable parameter estimates. This instability may cause the results of hypothesis tests to become sensitive to the sample period. As a result, tests based on constant parameter s...
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Potatoes contribute one-third of total farm cash receipts in Prince Edward Island, Canada, and account for 20-25% of total Canadian potato production, and over 50% of total Canadian potato exports. Fluctuations in prices, production and exports have considerable affect on the Province's economy. A m...
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Redistributive effects of Canadian higher education are examined from an economic viewpoint. Children of high income families tend to reap the most financial rewards, but low income families often pay a disproportionately large share of educational expenses. (Author/MSE)