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Record W2281385583

Learning for the Past: How Canadian Fiscal Policies of the 1990s Can Be Applied Today

2011· article· en· W2281385583 on OpenAlexaffabout
Neils Veldhuis, Jason Clemens, Milagros Palacios

Bibliographic record

VenueSSRN Electronic Journal · 2011
Typearticle
Languageen
FieldSocial Sciences
TopicCanadian Policy and Governance
Canadian institutionsFraser Institute
Fundersnot available
KeywordsRevenueDebtGovernment (linguistics)Deficit spendingFederal budgetGovernment revenueEconomic policyMistakeFiscal yearEconomicsBalance (ability)BusinessFinancePolitical science
DOInot available

Abstract

fetched live from OpenAlex

This work provides a historical overview that identifies parallels between the fiscal challenges facing Canadian governments in the 1990s and those facing governments in 2011. It highlights how the federal government, as well as various provincial governments in the 1980s, failed to balance their budgets when they attempted to slow the growth in program spending and wait for revenues to rebound strongly enough to close the gap between spending and resources. But it wasn’t until the spending reductions of the 1990s that both the federal government and the provinces returned to fiscal balance and achieved declining debt and interest costs. As the November 2011 budget update from Ottawa showed, the federal government is following the same plan as governments of the 1980s and now doesn’t expect to balance its budget until 2015/16, a year later than originally anticipated. Worse, most provincial governments are poised to make the same budget mistake as Ottawa: relying on rosy revenue projections while attempting to slow the growth in spending. The study singles out Ontario and Quebec, Canada’s two largest provinces, as facing among the most serious debt and deficit problems while praising Saskatchewan as the only province currently showing a balanced budget. The authors conclude that wishing for revenue growth will not balance the budget, but real spending reductions, based on the successes of the 1990s, will. They outline the decisive steps that Ottawa and the provinces must take to rein in spending and set the Canadian economy to rights.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.007
metaresearch head score (Gemma)0.016
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.320
Threshold uncertainty score0.789

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0070.016
Meta-epidemiology (narrow)0.0010.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0060.012
Science and technology studies0.0280.010
Scholarly communication0.0200.008
Open science0.0020.004
Research integrity0.0030.007
Insufficient payload (model declined to judge)0.0100.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.017
GPT teacher head0.238
Teacher spread0.221 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations4
Published2011
Admission routes2
Has abstractyes

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Same venueSSRN Electronic JournalSame topicCanadian Policy and GovernanceFrench-language works237,207