Macro-Structural Linkages and Business Dynamism
21 Pages Posted: 29 Nov 2015 Last revised: 9 Nov 2016
Date Written: October 26, 2015
This policy brief comments on a number of macro-structural linkages that have implications for firm-level dynamism, which may have served as contributing factors to the stag-deflation that has gripped the OECD region as a whole, including Canada, in recent years. Specific linkages considered include the implications for firm-level dynamics of monetary, trade, innovation and industrial policies. The brief makes a number of recommendations for policy reform both in Canada and in the OECD more generally.
Keywords: macro-structural linkages, business dynamism, exchange rate regimes, trade policy, innovation policy, industrial policy
JEL Classification: E31, E44, E52, E65, F15, F33, L52, O25, O38, O51
Suggested Citation: Suggested Citation