Theoretical and Applied Economics
No. 1 / 2023 (634), Spring
Financial difficulties and economic recession: Evidence from Canadian seniors
Université du Québec en Outaouais, Canada
Wilner PREDELUS
Université du Québec en Outaouais, Canada
Abstract. Pressured by financial difficulties and the relatively low income from participating in the labour market, many seniors become insolvent. In this article, we analyze the financial situation facing Canadian seniors who have accessed the insolvency system due to a deterioration in their socio-economic and financial conditions, particularly since the 2008 economic crisis. Using federal statistical data, we observed that seniors who used the insolvency system during the recession period were more indebted than those who accessed it before, and less indebted than those who accessed it after the recession.
Contents
Obstacles to innovation and policy implications: exploring the case of Romanian firms
Adjusting the 5C pentagon for better health policymaking: observing the leading behavioural risks factors (diet, smoking, and alcohol consumption)
Incentivizing CEOs via pay and forced turnover: Do tenure and managerial ability matter?
Forecasting the Romanian inflation rate: An Autoregressive Integrated Moving-Average (ARIMA) approach
The effects of geopolitical risks on tourism revenues of the Middle East and Asian countries
The potential of macroeconomic forces and ICT in affecting the sectorial growth: ARDL approach in the context of East Asian countries
Validity of asset pricing models in Istanbul Stock Exchange (ISE) information technology index
Dynamic relationship between external debt and unemployment in Sub-Saharan Africa
An analysis of factors influencing empowerment of rural women through Deendayal Antyodaya Yojana – National Rural Livelihood Mission (SGSY)
The impact of Covid-19 payment moratoria on the Romanian banking system
Uncertainty and monetary policy during the Covid-19 pandemic in Tunisia: Evidence from a Bayesian VAR
Research on the evolution of migration in Romania after the fall of the communist regime
Black Sea and East Mediterranean approach on sustainable development
An economic analysis of trade war and deglobalization in current international relations within the paradigm of globalization
Financial difficulties and economic recession: Evidence from Canadian seniors
Inflation targeting and exchange rate pass-through in India: Lessons from international experience
The circular economics of constructions
Market mood index and stock market. Evidence from National Stock Exchange
Analysis of the effects of social and fiscal policy on incomes during the COVID-19 pandemic in Romania