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Driving forces of the Canadian economy : an accounting exercise
Cociuba, Simona E. (contributor);  … - 2008
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
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Schooling, inequality and government policy
Kryvtsov, Oleksiy (contributor);  … - 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/10003463634
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Trends in U.S. hours and the labor wedge
Cociuba, Simona E.; Ueberfeldt, Alexander - 2010
From 1980 until 2007, U.S. average hours worked increased by thirteen percent, due to a large increase in female hours. At the same time, the U.S. labor wedge, measured as the discrepancy between a representative household's marginal rate of substitution between consumption and leisure and the...
Persistent link: https://www.econbiz.de/10008695460
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Labor demand response to labor supply incentives : lessons from the German Mini-Job Reform
Galassi, Gabriela - 2021 - Last updated: March 29, 2021
This paper analyzes how firms respond to changes in tax benefits for low-earning workers and how, through equilibrium effects, such policies also affect non-targeted, high-earning workers. I explore establishment-level outcomes around Germany's 2003 Mini-Job Reform, which entailed a significant...
Persistent link: https://www.econbiz.de/10012493308
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Reconciling Jaimovich-Rebelo preferences, habit in consumption and labor
Holden, Tom D.; Levine, Paul; Swarbrick, Jonathan M. - 2018
This note studies a form of a utility function of consumption with habit and leisure that (a) is compatible with long-run balanced growth, (b) hits a steady-state observed target for hours worked and (c) is consistent with micro-econometric evidence for the inter-temporal elasticity of...
Persistent link: https://www.econbiz.de/10011864588
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Labour supply and firm size
Shao, Lin; Sohail, Faisal; Yurdagul, Emircan - 2023 - Last updated: August 25, 2023
Larger firms feature i) longer hours worked, ii) higher wages, and iii) smaller (larger) wage penalties for working long (short) hours. We reconcile these patterns in a general equilibrium model, which features the endogenous interaction of hours, wages, and firm size. In the model, workers...
Persistent link: https://www.econbiz.de/10014456607
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Electronic transactions as high-frequency indicators of economic activity
Galbraith, John W. (contributor); Tkacz, Greg (contributor) - 2007
are correlated with Statistics Canada's revisions to GDP; (iv) high-frequency analyses of transactions around extreme …
Persistent link: https://www.econbiz.de/10003641311
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A wave of protectionism? : an analysis of economic and political considerations
Maier, Philipp (contributor) - 2008
are important. An analysis of the economic effects using the Bank of Canada's Global Economy Model shows that the gains …
Persistent link: https://www.econbiz.de/10003641330
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What affects MFP in the long-run? : evidence from Canadian industries
Leung, Danny (contributor); Zheng, Isabel Yi (contributor) - 2008
KLEMS database for Canada. We estimate a dynamic heterogeneous panel error-correction model of twelve 2-digit level …
Persistent link: https://www.econbiz.de/10003641346
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The welfare implications of fiscal dominance
De Resende, Carlos (contributor); Rebei, Nooman (contributor) - 2008
dominance in both Mexico and South Korea, but almost no fiscal dominance in Canada and the U.S. The country-specific estimates …
Persistent link: https://www.econbiz.de/10003772978