Showing 1 - 10 of 191
In this paper, a quarterly growth-accounting data set is built for the Canadian business sector with the top-down approach of Diewert and Yu (2012). Inputs and outputs are measured and used to estimate the quarterly total factor productivity (TFP). In addition, the estimates of annual TFP growth...
Persistent link: https://www.econbiz.de/10010474746
policy. We study how firms form their inflation expectations using quarterly firm-level data from the Bank of Canada … structural shift specifications suggests that inflation expectations in Canada have drifted downward since the Great Recession …
Persistent link: https://www.econbiz.de/10011433529
The degree to which financial constraint is binding is often not directly observable in commonly used business data sets (e.g., Compustat). In this paper, we measure and estimate the likelihood of a firm being constrained by external financing using a data set of small- and medium-sized Canadian...
Persistent link: https://www.econbiz.de/10011538963
We assess the importance of downward nominal wage rigidity (DNWR) in Canada using both firm- and worker-level microdata …-based survey data from the Survey of Labour Income Dynamics (SLID). MWS data cover large unionized firms in Canada, while SLID is a … rich rotating panel representative of the employed population in Canada. Combining both sources of information allows for a …
Persistent link: https://www.econbiz.de/10011523061
macroprudential policy changes in Canada using a microsimulation model of mortgage demand of first-time homebuyers. Policies targeting …
Persistent link: https://www.econbiz.de/10011524648
This paper considers the problem of estimating a linear model between two heavy-tailed variables if the explanatory variable has an extremely low (or high) value. We propose an estimator for the model coefficient by exploiting the tail dependence between the two variables and prove its...
Persistent link: https://www.econbiz.de/10011458791
The number of workers who hold more than one job (a.k.a. multiple jobholders) has increased recently in Canada. While …
Persistent link: https://www.econbiz.de/10012135795
Using highly disaggregated transaction-level trade data, we document the importance of new firmlevel trade partner … trade with endogenous matching between heterogenous importers and exporters. Simulations of the model highlight a new … channel through which exchange rate movements can affect trade - through the short-run formation of new trade relationships …
Persistent link: https://www.econbiz.de/10012104327
I use firm-product-level data for Canadian online retailers to study how product scope (the average number of product categories per firm) evolved from 1999 to 2012. During this period, product scope dropped monotonically from 59 to 5 product categories. Using a theoretical model of...
Persistent link: https://www.econbiz.de/10012104375
In this paper, we study the impact of Canada's adoption of protectionist trade policy in 1879 on Canadian welfare … Canada using newly compiled granular trade and production data from 1870 to 1913, and newly estimated historically … terms of trade. We apply these theoretical insights in a reassessment of the welfare consequences of the National Policy for …
Persistent link: https://www.econbiz.de/10011646315