Showing 1 - 10 of 182
productivity observed in the Canadian economy. The paper performs a decomposition of the labor factor for Canada and the United … distortions. Moreover, the milder reduction in the labor market distortions observed in Canada, compared to the US, is due to a … relative increase in effective labor taxes in Canada. -- Labour markets ; Potential output ; Productivity …
Persistent link: https://www.econbiz.de/10003711689
This paper studies the evolution of individual earnings inequality and dynamics in Canada from 1983 to 2016 using tax … declining gender gap), Canada experienced relatively modest changes in overall earnings inequality, volatility, and mobility …
Persistent link: https://www.econbiz.de/10012507206
and firing rules. Using matched employer-employee data from Canada, we estimate the model's parameters. Increasing the …
Persistent link: https://www.econbiz.de/10009309460
We develop a model to analyze the link between financial leverage, worker pay structure and the risk of job termination. Contrary to the conventional view, we show that even in the absence of any agency problem among workers, variable pay can be optimal despite workers being risk averse and...
Persistent link: https://www.econbiz.de/10011443303
declined by as much as 50% since the mid-1980s despite a sizeable increase in residual inequality. Instead, the variance of …
Persistent link: https://www.econbiz.de/10011777789
This paper examines empirically the impact of financial stress on the transmission of monetary policy shocks in Canada …
Persistent link: https://www.econbiz.de/10003981316
In the Canadian large value payment system an important goal is to understand how liquidity is transferred through the system and hence how efficient the system is in settling payments. Understanding the structure of the underlying network of relationships between participants in the payment...
Persistent link: https://www.econbiz.de/10003981323
Real wage rigidities have recently been proposed as a way of building intrinsic persistence in inflation within the context of New Keynesian Phillips Curves. Using two recent illustrative structural models, we evaluate empirically the importance of real wage rigidities in the data and the extent...
Persistent link: https://www.econbiz.de/10003933276
the trading volume from the U.S. to Canada among financial stocks during the ban. Both price and volume effects are …-sales restrictions (Miller (1977)). Our findings also imply that pessimistic investors were more preponderant in the U.S. than in Canada … Canada prior to the ban. -- Financial markets ; International topics …
Persistent link: https://www.econbiz.de/10003933290
share of consumption growth during the housing market boom-bust cycle of the late 1980s. -- Business fluctuations and cycles …
Persistent link: https://www.econbiz.de/10003933334