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Human Capital Risk and the Firmsize Wage Premium

Leung, Danny; Ueberfeldt, Alexander - Bank of Canada - 2008

Why do employed persons in large firms earn more than employed persons in small firms, even after controlling for observable characteristics? Complementary to previous results, this paper proposes a mechanism that gives an answer to this question. In the model, individuals accumulate human...

Persistent link: https://www.econbiz.de/10005673295

Schooling, Inequality and Government Policy

Kryvtsov, Oleksiy; Ueberfeldt, Alexander - Bank of Canada - 2007

This paper asks: What is the effect of government policy on output and inequality in an environment with education and labor-supply decisions? The answer is given in a general equilibrium model, consistent with the post 1960s facts on male wage inequality and labor supply in the U.S. In the...

Persistent link: https://www.econbiz.de/10005808302

Working Time over the 20th Century

Ueberfeldt, Alexander - Bank of Canada - 2006

types of workers become more productive. In a calibrated version of the model, productivity gains of supervisors account for …

Persistent link: https://www.econbiz.de/10005162501

What Accounts for the U.S.-Canada Education-Premium Difference?

Kryvtsov, Oleksiy; Ueberfeldt, Alexander - Bank of Canada - 2009

This paper analyzes the differences in wage ratios of university graduates to less than university graduates, the education premium, in Canada and the United States from 1980 to 2000. Both countries experienced a similar increase in the fraction of university graduates and a similar increase in...

Persistent link: https://www.econbiz.de/10005162527

Driving Forces of the Canadian Economy: An Accounting Exercise

Cociuba, Simona E.; Ueberfeldt, Alexander - Bank of Canada - 2008

growth model with macroeconomic variables observed in the data. The paper finds that total factor productivity and the … consumptionleisure trade-off -- the productivity and labor factors -- are key to understanding the changes in output, labor supply and … labor productivity observed in the Canadian economy. The paper performs a decomposition of the labor factor for Canada and …

Persistent link: https://www.econbiz.de/10005226959