Tag Archives: income

Real incomes and Presidential approval: most measures did not surpass pre-pandemic levels until 2023, or this year!  – by New Deal democrat This post is somewhat of a follow-up to one I wrote two weeks ago, about perceptions of income vs. inflation, as well as following up on yesterday’s post considering the electoral implications of the current economy. It’s a truism – if certainly an oversimplification – that people vote their pocketbook....

Spending soars, income stagnates, savings sink like the Titanic  – by New Deal democrat Real life intruded yesterday, so I didn’t put up any information about the Q3 GDP report. I’ll write in detail next week, but in the meantime there were 4 basic highlights: 1. Obviously it was an excellent report overall. 2. The long leading metric of real residential fixed spending also rose slightly, although as a share of real GDP it fell, so...

Real income continues to set records, while real spending and real total sales falter  – by New Deal democrat Real personal spending faltered in May, and real total sales continued to falter in April, as of this morning’s report; while real personal income continued to be aided by the big decline in gas prices that started a year ago. Let me start with the good news. Real personal income less government transfer receipts is one of the...

[unable to retrieve full-text content]I’ve written a blog post about what Canada’s recent federal budget did for housing and homelessness (which wasn’t very much). Here’s my analysis: https://nickfalvo.ca/canadas-2023-federal-budget/

On 28 February 2023, the Danielle Smith government tabled Alberta’s 2023-2024 budget. Projecting a $2.4 billion surplus for the coming fiscal year, the budget announced some spending increases; but many are effectively cuts when one accounts for both inflation and population growth. Here are 10 things to know: The budget itself contains projections pertaining to inflation and population change. In the upcoming fiscal year, the budget projects 3.3% inflation (using...

I was recently invited by the The Economics Society of Northern Alberta to speak at their 2022 Outlook Conference about the impact of the COVID-19 pandemic on homelessness. Here’s an overview of my presentation: https://nickfalvo.ca/covid-and-homelessness-ten-things-to-know/

I’ve just written a report for Employment and Social Development Canada on the current recession’s likely long-term impact on homelessness in Canada. An overview of the report can be found here. Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and is Section Editor of the Canadian Review of Social Policy/Revue canadienne de politique sociale. You can...

I’ve written a report for the Institute for Research on Public Policy about social assistance—specifically, about social assistance for employable single adults without dependants. A ‘top 10’ overview of the report can be found here. Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and is Section Editor of the Canadian Review of Social...

As part of my PhD thesis, I did some statistical analysis in which I asked the question: “Do higher social assistance benefit levels lead to higher caseloads?” I have recently updated the data and had it published in a journal. Here’s a short summary of the journal article’s main findings. Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and is...

As part of my PhD thesis, I did some statistical analysis in which I asked the question: “Do higher social assistance benefit levels lead to higher caseloads?” I have recently updated the data and had it published in a journal. Here’s a short summary of the journal article’s main findings. Nick Falvo is a Calgary-based research consultant with a PhD in Public Policy. He has academic affiliation at both Carleton University and Case Western Reserve University, and is...