The 1998 Adult Education and Training Survey (AETS) identifies immigrants for the first time and is used to compare the training experiences of immigrants and native-born Canadians. Previous Canadian research indicates that immigrants generally acquire less human capital after arrival than the...

One argument against a policy to achieve absolute price stability is that workers resist pay cuts. We examine several Canadian microdata sources and corroborate earlier evidence of pay-cut resistance, particularly recently as inflation has approached zero. We then use data on industrial sectors...

Despite the absence of a formal definition of the relationship between the marginal and the global effects of risk, in the literature termed the economics of uncertainty, intuition would suggest it unjustifiable to presume that these two concepts are categorically independent. This paper...