The Canadian labour market experienced a period of unprecedented turmoil following the onset of the COVID-19 pandemic. We analyze the main changes using standard labour force statistics and new data on job postings. Envisaging a phase of temporary severing of employment relationships followed by...

We scrutinize the use of value at risk as traders' limit in banks. Thereby, we compare a bank with uninformed traders dealing on a perfect capital market, with a bank in which traders receive a noisy signal about the future price of the stock they are dealing in. Additionally, they are able to...

Labour Market Flows and Worker Trajectories in Canada during COVID-1We use the confidential-use files of the Labour Force Survey (LFS) to study the employment dynamics in Canada from the beginning of the COVID-19 pandemic through to mid-summer. Using the longitudinal dimension of this dataset,...