University of Minnesota, Duluth
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Les effets de la politique de crédit sur le choix des investissements dans une industrie lourde
Get PDFThe macro-economic impacts of the credit policy on the decisions of the firms are \nown. Through a micro-economic model of linear programming the present study tries to throw some light on the relationship between the choice of investment and the range of loans offered by a bank. The originality of the model in addition to the fact that it covers several periods, is to include parameters depending on the financier's decisions. Thus the macro-economic impacts of a credit policy can be estimated for a region or for a branch. A simplified game model translating the experiences of the model of the firm takes the uncertainty of our knowledge into account and makes us choose a less risky solution. Finally, the problem of the optimal equilibrium between « heavy » and « light » investments can be approached in this model
Aspects économiques de la pauvreté chez les agriculteurs québécois
Get PDFIn Canada, rural poverty has been sufficiently recognized for public opinion to be aroused and for the legislative powers to take action. Prompted by the federal law A.R.D.A. concerning Country Planning and Agricultural Development (1961), research projects have been undertaken and programmes of action put into operation. To-day, the Value of these efforts, which are perhaps not sufficiently important, and the orientation of which may be contested, is being questioned. The writer attempts to sum up the present position and to situate problems and solutions in a global and regional perspective, by limiting his study to the families of Quebec farmers. The study of poverty according to its level, , ans its importance compared with the Quebec agricultural workers as a whole and Us geographical situation underlines its persistent nature. The elements of econoomic analysis which make up the second part are intended to explore the links between poverty and certain general economic factors and mecanisms, such as the productivity of labour and the adaptation of agriculture to economic growth. In a third part, the writer engages in a rapid survey oof agricultural policies and the general economic policy connected with poverty. An evaluation of these policies, particularly of the A.R.D.A. law is attempted w the light of, the economic analysis of the second part
