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The trend unemployment rate in Canada : searching for the unobservable
Brouillette, Dany; Robitaille, Marie-Noëlle; … - 2019
In this paper, we assess several methods that have been used to measure the Canadian trend unemployment rate (TUR). We also consider improvements and extensions to some existing methods. The assessment is based on four criteria: (i) the extent to which methods provide explanations for changes in...
Persistent link: https://www.econbiz.de/10011992476
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Four decades of Canadian earnings inequality and dynamics across workers and firms
Bowlus, Audra J.; Gouin-Bonenfant, Émilien; Liu, Huju; … - 2021 - Last updated: April 28, 2021
This paper studies the evolution of individual earnings inequality and dynamics in Canada from 1983 to 2016 using tax … declining gender gap), Canada experienced relatively modest changes in overall earnings inequality, volatility, and mobility …
Persistent link: https://www.econbiz.de/10012507206
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Exchange rate fluctuations and labour market adjustments in Canadian manufacturing industries
Bruneau, Gabriel; Moran, Kevin - 2015
that exchange rate fluctuations have significant long-term effects on the labour input of Canada's manufacturing industries …
Persistent link: https://www.econbiz.de/10011408683
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Extending the labour market indicator to the Canadian provinces
Fritsche, Alexander; Ragan, Katherine - 2016
Calculating the labour market indicator (LMI) at the provincial level provides useful insights into Canada's regional …
Persistent link: https://www.econbiz.de/10011414577
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Wage dynamics and returns to unobserved skill
Lochner, Lance; Park, Youngmin; Shin, Youngki - 2017
Economists disagree about the factors driving the substantial increase in residual wage inequality in the U.S. over the past few decades. We identify and estimate a general model of log wage residuals that incorporates: (i) changing returns to unobserved skills, (ii) a changing distribution of...
Persistent link: https://www.econbiz.de/10011777789
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Local labor markets in Canada and the United States
Albouy, David; Chernoff, Alex; Lutz, Chandler; Warman, Casey - 2019
We examine local labor markets in the United States and Canada from 1990 to 2011 using comparable household and … business data. Wage levels and inequality rise with city population in both countries, albeit less in Canada. Neither country … nominal wages similarly, although in Canada they attract immigrant and highly skilled workers more, while raising housing …
Persistent link: https://www.econbiz.de/10011992463
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Toward a HANK model for Canada: Estimating a Canadian income process
Karibzhanov, Iskander - 2020
Heterogenous agent models rely on good estimates of the distribution of individual income growth to model the consumption behaviour of households and its macroeconomic implications. I study the distribution of income growth among Canadian workers and find that it is characterized by large,...
Persistent link: https://www.econbiz.de/10012619164
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Skill heterogeneity and market labour income inequality
Medrano Adán, Luís Ángel; Salas-Fumás, Vicente; … - In: SERIEs : Journal of the Spanish Economic Association 15 (2024) 2, pp. 203-234
Occupational choice models predict that, ceteris paribus, countries with higher dispersion of skill will have higher market labour income inequality. However, an extended conclusion from empirical research is that cross-country variations in dispersion of skill explain little of the variation in...
Persistent link: https://www.econbiz.de/10015073135
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The intergenerational correlation of employment : is there a role for work culture?
Galassi, Gabriela; Koll, David; Mayr, Lukas - 2019
We document a substantial positive correlation of employment status between mothers and their children in the United States, linking data from the National Longitudinal Survey of Youth 1979 (NLSY79) and the NLSY79 Children and Young Adults. After controlling for ability, education and wealth, a...
Persistent link: https://www.econbiz.de/10012061132
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Reconciling Jaimovich-Rebelo preferences, habit in consumption and labor
Holden, Tom D.; Levine, Paul; Swarbrick, Jonathan M. - 2018
This note studies a form of a utility function of consumption with habit and leisure that (a) is compatible with long-run balanced growth, (b) hits a steady-state observed target for hours worked and (c) is consistent with micro-econometric evidence for the inter-temporal elasticity of...
Persistent link: https://www.econbiz.de/10011864588