Theoretical and Applied Economics
No. 1 / 2023 (634), Spring
Financial difficulties and economic recession: Evidence from Canadian seniors
Samir AMINE
Université du Québec en Outaouais, Canada
Wilner PREDELUS
Université du Québec en Outaouais, Canada
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.
Keywords: seniors, income, asset, debt, recession.
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Contents
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Do tenure and managerial ability matter?
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- The effects of geopolitical risks on tourism revenues
of the Middle East and Asian countries
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- The potential of macroeconomic forces and ICT
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and unemployment in Sub-Saharan Africa
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- An analysis of factors influencing empowerment
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- Black Sea and East Mediterranean
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in current international relations
within the paradigm of globalization
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- Financial difficulties and economic recession:
Evidence from Canadian seniors
Samir AMINE
Wilner PREDELUS
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- Market mood index and stock market.
Evidence from National Stock Exchange
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- Analysis of the effects of social and fiscal policy
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Amalia CRISTESCU
Silvana BOBÂRNAT
