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This paper forwards an alternative approach of characterizing the adjustment trajectory by a cumulative probability distribution function. Estimates of Wilton's (1975) automobile import equation over the period 1984-1973 are obtained in the case where a binomial CDF is used. Confirming Wilton's...
Persistent link: https://www.econbiz.de/10005688482
We use micro data from the Canadian Annual Work Patterns Survey for 1978, 1980 and 1982 to compare the distributions of the annual unemployment experiences of persons. Whether one groups the unemployed by age and sex or by major region, a smaller fraction of total weeks of unemployed is found in...
Persistent link: https://www.econbiz.de/10005688515
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This paper examines what has happened to immigrant earnings in Canada and test two alternative hypotheses of Chiswick and Borjas re changing immigrant earnings differentials. The paper use a 1973 survey containing detailed information on immigrant status, family background, and a direct measure...
Persistent link: https://www.econbiz.de/10005688591
This paper examines the conceptual issues involved in measuring duration of completed spells of unemployment from Gross Flows. We find that such measures can avoid the "interruption" bias of Labour Force stock data, but that they cannot correct the oversampling of long spells. We also conclude...
Persistent link: https://www.econbiz.de/10005688614
Persistent link: https://www.econbiz.de/10005497256
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This paper reports estimates of family background effects on earnings in the context of a more extensive multi-equation model of earnings generation. This allows more complete characterization of direct versus indirect background effects. In addition to education, occupational attainment, and...
Persistent link: https://www.econbiz.de/10005641650
This paper examines how the distribution of household wealth in Canada varies with age over the life cycle. The wealth distribution is characterized in terms of decile means and decile shares for each of six age groups, and comparisons between age-specific distributions are based on first- and...
Persistent link: https://www.econbiz.de/10005653031
In this paper, a new method is forwarded of estimating the effect of short-run macroeconomic fluctuations on concentration in the size distribution of personal income. In particular, the impacts of changes in unemployment and participation rates and in the level of wage and salary income upon...
Persistent link: https://www.econbiz.de/10005653039