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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
Canada, comparing Canada with the United States and reviewing briefly what the literature says about the most likely drivers … of the rise in inequality. Data show that income inequality in Canada increased substantially during the 1980s and first … has been higher than in Canada for the last four decades, with the main differences observed at the high end of the income …
Persistent link: https://www.econbiz.de/10013336143
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
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
We assess the importance of downward nominal wage rigidity (DNWR) in Canada using both firm- and worker-level microdata …-based survey data from the Survey of Labour Income Dynamics (SLID). MWS data cover large unionized firms in Canada, while SLID is a … rich rotating panel representative of the employed population in Canada. Combining both sources of information allows for a …
Persistent link: https://www.econbiz.de/10011523061
Calculating the labour market indicator (LMI) at the provincial level provides useful insights into Canada's regional …
Persistent link: https://www.econbiz.de/10011414577
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
The existence of downward nominal wage rigidity (DNWR) has often been used to justify a positive inflation target. It is traditionally assumed that positive inflation could "grease the wheels" of the labour market by putting downward pressure on real wages, easing labour market adjustments...
Persistent link: https://www.econbiz.de/10011697087
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
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