Patrick Georges

University of Ottawa · Graduate School of Public and International Affairs

A good understanding of the theories of the interest rate term structure is important when elaborating a debt management strategy and, in particular, when choosing the maturity structure of the public debt. “Best practises” of debt management suggest the use of modern theories of the term structures based on the seminal papers by Vasicek (1977) and...

This paper proposes a statistical analysis that captures similarities and differences between classical music composers with the eventual aim to understand why particular composers ‘sound’ different even if their ‘lineages’ (influences network) are similar or why they ‘sound’ alike if their ‘lineages’ are different. In order to do this we use stati...

This paper applies clustering techniques and multi-dimensional scaling (MDS) analysis to a 500 × 500 composers’ similarity/distance matrix. The objective is to visualize or translate the similarity matrix into dendrograms and maps of classical (European art) music composers. We construct dendrograms and maps for the Baroque, Classical, and Romantic...

This paper illustrates different information visualization techniques (data visualization) applied to a classical composers' database. In particular we present composers network graphs, heat maps and multidimensional scaling maps (the latter two obtained from a composer distance matrix), composers' classification maps using support-vector machine a...

We build an overlapping generation (OLG) general equilibrium model of Turkey with survival rates and endogenous labour supply to simulate the economic, fiscal, welfare, and intergenerational redistribution impacts of the medium and high fertility demographic scenarios projected by the United Nations. We assume that the high fertility variant is a r...

This paper provides a comprehensive assessment of the total (market and non-market) gender-based production and consumption activities of Turkish men and women at different stages of their life-cycle. Turkey, one of the few emerging economies within the OECD, offers an interesting case-study as its female labour force participation rate is one of t...

For a recent publication, the authors identified a seven-region model of mammal family distribution patterns, in which each unit contributes equally to the system's overall statistical characteristics of diversity, despite its individual units having measurably different levels of diversity and endemism. This systemization presents a highly efficie...

Biological evolution is generally regarded as a stochastic or probabilistic process, per the ideas of Darwin in the nineteenth century. Even if this is true at the meso-scale, it still may, however, be impacted by overarching constraints that we have not yet identified. In this paper, we revisit the subject of mammal faunal regions with a mind to e...

This article illustrates different information visualization techniques applied to a database of classical composers and visualizes both the macrocosm of the Common Practice Period and the microcosms of twentieth century classical music. It uses data on personal (composer-to-composer) musical influences to generate and analyze network graphs. Data...

This article and its companion article (II. An Application of Multidimensional Scaling and Machine-Learning Classification Maps) illustrate different information visualisation techniques applied to a database of classical composers. In the first article we use data on personal (composer-to-composer) musical influences to generate and analyze (socia...

This paper and its companion article (I. An Application of Network Graphs) illustrate different information visualization techniques applied to a database of classical composers. In the first paper we used data on 'personal' (composer-to-composer) musical influences to generate and analyze (social) network graphs. In this second article we derive a...

This paper analyses the trade policy options of Canada under Trump and reviews some arguments that have been made by economists and others in the current debate surrounding U.S. return to protectionism and mercantilism. For Canada, both imports and exports are vital, and trade with the U.S. and with the rest of the world is of key importance. The n...

The absence of clear convergence in incomes per capita and welfare between the North and the South, even in the face of spectacular growth rates in GDP in the emerging South, might be due to a terms of trade deterioration resulting from an expansion of production in the South which depresses the product’s price on world markets. This may originate...

Related records searching, now a common option within bibliographic databases, is applied to an individual result record as a secondary way of refining the retrieval set obtained from the primary subject search operation. In one approach, an individual result record is linked to other article records on the basis of the number of references cited t...

In a recent article the authors inferred classical composer similarities on the basis of their common and distinct personal (individual) musical influences. In this paper, the authors examine how much, if any, additional explanation can be added when ‘ecological’ measures (i.e., other characteristics such as time period, geographical location, scho...

Data from "The Classical Music Navigator" (CM/V) website are used to generate statistics bearing on the relative stylistic similarities of 500 classical music composers. When the CMN was compiled, notice was taken of which composers are thought to have influenced which others; it is reasoned here that composers with similar arrays of composer influ...

In this paper we estimate the benefit for the ageing North countries of diversifying some of their trade away from other North countries in favour of South countries. To this end we use a six-region overlapping generations model that takes into account the demographic trends of the 21st century and trade patterns. We show that ageing North countrie...

This paper uses an international multi-region dynamic computable general equilibrium model to investigate the transmission effect of population ageing in a global context. The model represents 7 regions of the world. The analysis shows that faster ageing countries like Japan will be most negatively affected. For China, the impact of population agei...

This paper examines the trade, FDI, and welfare impacts of (liberalizing) 9/11 security measures at the Canada–US border. First, the study provides econometric estimates of the impact of post 9/11 security measures on bilateral (US–Canada) trade flows. Second, we compute sectoral tariff rates “equivalent” to the 9/11 security measures using these e...

The literature on art auctions has overlooked the market for classical music manuscripts, and this paper explores, for the first time, the determinants of ‘hammer’ prices for about 360 classical music manuscripts auctioned at Sotheby’s (London) during the 1998–2009 period. We use hedonic price regressions in order to explain the price of classical...

This paper examines, for the first time, the trade and FDI impacts of a North American Security Perimeter that would liberalize the post 9/11 security measures at the Canada-US border. First, the study estimates econometrically the impact of post 9/11 security measures on bilateral (US-Canada) trade flows using a gravity model. Second, using these...

There may be considerable economic benefits to Canada of diversifying some of its trade away from the United States, provided that countries with more youthful populations and rapid economic growth, such as India, are targeted. Le Canada bénéficierait d’importants avantages économiques s’il choisissait de diversifier davantage ses relations commer...

The objective of this paper is to use a computable general equilibrium (CGE) methodology to estimate the economic gains, for both Canada and Mexico, of: (1) adopting a North American customs union (CU) that would also liberalise rules of origin (ROO); and (2) reviving the WTO scenario of multilateral free trade, thereby eliminating preferential com...

This paper develops a multi-country overlapping-generations general equilibrium model to gauge the economic impact of demographic changes in the global economy and its transmission effects on different countries. Although severe demographic pressures contribute to significantly lower real GDP per capita across several regions in the world, globalis...

This paper develops a multi-country overlapping-generations general equilibrium model to gauge the economic impacts of demographic changes in the global economy and its transmission effects on different countries. Although severe demographic pressures contribute to significantly lower real GDP per capita across several regions in the world, globali...

A recurrent theme from politicians and commentators alike is that Canada is too exposed to the U.S. economy and could benefit from diversifying its trade pattern. In this paper we examine the validity of these calls in a context of world demographic changes. Although population ageing in Canada is expected to have a negative impact on welfare, inte...

A recurrent theme from politicians and commentators alike is that Canada is too exposed to the U.S. economy and could benefit from diversifying its trade pattern. In this paper we examine the validity of these calls in a context of world demographic changes. Although population ageing in Canada is expected to have a negative impact on welfare, inte...

This paper shows that the general equilibrium impacts on Canadian GDP and welfare, of liberalizing NAFTA Rules of Origin (ROO), largely dominate the small effects of adopting a Common North American External Tariff (CET). Therefore, proposals for a North American CU should not be dismissed solely on the basis that a CET would marginally affect Cana...

Most computable general-equilibrium (CGE) studies assessing the welfare impact of moving from a North American Free Trade Agreement (NAFTA) to a deeper form of integration, for example a customs union (CU), typically proxy the integration as the adoption of a common external tariff toward the rest of the world. However, a CU is also an arrangement...

Most computable general equilibrium (CGE) studies assessing the welfare impact of moving from a North American Free Trade Agreement (NAFTA) to a deeper form of integration, for example a Customs Union (CU), typically proxy the integration as the adoption of a common external tariff towards the rest of the world. However, a CU is also an arrangement...

This paper considers a broader fiscal policy framework in public debt management decisions by examining the interrelations between interest rates and the economy. This approach has the potential to result in a new optimal debt maturity structure. A shorter debt structure is generally less expensive and may also contribute to stabilize the budget ba...

Abstract This paper considers a broader fiscal policy framework in public debt management decisions by examining the interrelations between interest rates and the economy. This approach has the potential to result in a new optimal debt maturity structure. A shorter debt structure is generally less expensive and may also contribute to stabilize the...

Firstly, the study illustrates in a stochastic simulation model that permanent commitments to tax and spending measures can be enriched significantly without substantially raising the risk of a deficit outcome. This result is obtained in a framework where the fiscal authority is able to monitor the origin of the economic shocks and has model-consis...

-Abstract- This paper shows that managing the risk of a budget deficit has (at least) two elements,

This paper shows that managing the risk of a budget deficit has (at least) two elements, the level of fiscal prudence, and the scope for discretionary measures (e.g., scope for reducing program spending). These two elements jointly determine the probability of a deficit outcome. The magnitude of the scope is limited by a multi-year pre-commitment t...

This paper develops a multi-country overlapping-generations general equilibrium model to gauge the economic impacts of demographic changes in the global economy and its transmission effects on different countries. Although severe demographic pressures contribute to significantly lower real GDP per capita across several regions in the world, globali...

This paper analyses alternative fiscal policy rules that would be useful if the government wanted to establish goals for the evolution of the debt-to-GDP ratio over time. It also examines the fiscal policy trade off, that is, how fiscal policy, with this particular goal in mind, balances three objectives: debt control, commitment to announced tax a...

Firstly, the study illustrates in a stochastic simulation model that permanent commitments to tax and spending measures can be enriched significantly without substantially raising the risk of a deficit outcome. This result is obtained in a framework where the fiscal authority is able to monitor the origin of the economic shocks and has model-consis...

This paper applies real option theory to demonstrate that increased uncertainty in the economic environment due to the Kyoto protocol generates additional inertia in investment decisions which are not taken into account in "traditional" (e.g., Computable General Equilibrium) models. Thus, if Kyoto were to increase only the volatility of cash flows...