Showing 1 - 10 of 73
plant’s placement within the productivity distribution. Appreciations of the local currency expose domestic plants to more … plants are forced from the market, which truncates the lower end of the productivity distribution. For surviving plants …, appreciations can lead to a reduction in plant size, which, in the presence of scale economies, can lower productivity. We examine …
Persistent link: https://www.econbiz.de/10008679908
In Canada, temporary workers account for 14 per cent of jobs in the non-farm business sector, are present in a range of industries, and account for 40 per cent of the total job reallocation. Yet most models of job reallocation abstract from temporary workers. This paper evaluates the importance...
Persistent link: https://www.econbiz.de/10008694042
In this paper we explore variables that may have an impact on multifactor productivity (MFP) in the long-run using the …
Persistent link: https://www.econbiz.de/10005808323
This paper analyzes endogenous fluctuations in total factor productivity (TFP) in a dynamic general equilibrium model … firms, and fluctuations in TFP in response to firm-level productivity and aggregate credit-market shocks. I also analyze the …
Persistent link: https://www.econbiz.de/10005808340
The authors provide an extensive review of the rapidly expanding research on productivity, both at the macro and micro …, especially the United States, where such work sheds important light on particular aspects of productivity growth. The authors …
Persistent link: https://www.econbiz.de/10005536846
-down approach of Diewert and Yu (2012). Inputs and outputs are measured and used to estimate the quarterly total factor productivity …
Persistent link: https://www.econbiz.de/10011157208
productivity, by altering the makeup of plants that populate the market. An appreciation of the local currency increases the level … structural model that captures the effect of plantlevel productivity and real exchange rate fluctuations on plant entry and exit … decisions in the Canadian agricultural implements industry, and how this, in turn, affects aggregate productivity. The model …
Persistent link: https://www.econbiz.de/10008461122
The authors address empirically the implications of structural breaks in the variance-covariance matrix of inflation and import prices for changes in pass-through. They define pass-through within a correlated vector autoregression (VAR) framework as the response of domestic inflation to an...
Persistent link: https://www.econbiz.de/10005808319
This paper examines the transmission of U.S. real and financial shocks to Canada and, in particular, the role of financial frictions in affecting the transmission of these shocks. These questions are addressed within the Bank of Canada's Global Economy Model (de Resende et al. forthcoming), a...
Persistent link: https://www.econbiz.de/10008765826
The authors investigate financial spillovers across countries with an emphasis on the effect of shocks to financial conditions in the United States on financial conditions and economic activity in Canada. These questions are addressed within a global vector autoregression model. The framework...
Persistent link: https://www.econbiz.de/10008800990