Examples of educational mismatch and overqualifcation in the labour market can often be found in the same office building – the clerical worker with a bachelor’s degree reporting to a manager with a high school education – as an example. Some have argued that mismatch in...

Lorsque l’indice Dow Jones a atteint un record absolu le 5 mars 2013, certains commentateurs ont déclaré que cette poussée soudaine de la valeur des actions indiquait une rupture de la barrière psychologique à laquelle les marchés faisaient face depuis la Grande récession. Mais...

Les récentes tendances de l’inégalité et de la pauvreté dans l’Ouest du Canada, région connue pour ses ressources énergétiques, semblent suivre les variations des prix de l’énergie, le plus gros de la hausse de l’inégalité et de la pauvreté s’étant produit lors du boom de...

The last decade has seen an increasing volume of research that reveals significant gaps in literacy and Essential Skills (LES) among the Canadian workforce. In addition to having negative impacts on firms’ productivity, research also suggests that workers suffer consequences of low...

We use a macro-econometric forecasting model to simulate the impact on the Canadian economy of a hypothetical increase in immigration. Our simulations generally yield positive impacts on such factors as real GDP and GDP per capita, aggregate demand, investment, productivity, and government...

In this paper, we use a risk framework to analyze the risks seniors face and discuss the success of Canada’s retirement income system in insuring against these risks. We focus on four types of risk: (i) the risk of low income at the onset of retirement, (ii) longevity risk, (iii) business...

The income security of retired Canadians has become an increasing challenge for Canadian policy makers. There has been a significant decline in the coverage of workplace pensions in the private sector and a dramatic shift in the structuring of private-sector pensions away from defined-benefit...

We use Census and Labour Force Survey (LFS) data for the period from 1971 to 2012 to investigate whether the Canadian wage and employment structures have polarized, that is, whether wages and employment have grown more in high and low than in middle paying occupations. We find that there has...

Many jurisdictions ban teacher strikes on the assumption that they negatively affect student achievement, but there is surprisingly little research on this question. The majority of existing studies make cross section comparisons of the achievement of students who do or do not experience a...

The Universal Child Care Benefit (UCCB) represents one of the largest transfer programs administered by the Canadian government, representing 4.5 percent of federal transfers to individuals. The UCCB – which provides $100 monthly to parents for every child under six years of age –...