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The Bank of Canada's "horse race" of alternative monetary policy frameworks: some interim results from model simulations

Dorich, José; Mendes, Rhys; Zhang, Yang - 2021

Since 1991, the Bank of Canada has had an inflation‐targeting (IT) framework established by a joint agreement between … the Bank and the Government of Canada. The framework is reviewed every five years as part of the process for renewing the … 2020 workshop, "Towards the 2021 Renewal of the Bank of Canada's Monetary Policy Framework." The Bank will publish updated …

Persistent link: https://www.econbiz.de/10012613645

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

Seeking Success in Canada and the United States : The Determinants of Labour Market Outcomes Among the Children of Immigrants

Picot, Garnett; Hou, Feng - 2012

Canada and in the U.S. New research on labour market outcomes in Canada is also presented. In the aggregate, and with no … U.S., the second generation’s advantage in labour market outcomes disappears; in Canada, among second-generation members …

Persistent link: https://www.econbiz.de/10014172076

Pension Coverage and Earnings Replacement Rates Among Canadian Couples

Ostrovsky, Yuri; Schellenberg, Grant - 2012

Using data from the Longitudinal Administrative Database (LAD), this paper compares the earnings replacement rates achieved in retirement by a sample of married and common-law couples in which the husband was aged 55 to 57 in 1991. Emphasis is placed on the outcomes experienced by couples in...

Persistent link: https://www.econbiz.de/10014171312

Pension Coverage, Retirement Status, and Earnings Replacement Rates Among a Cohort of Canadian Seniors

Ostrovsky, Yuri - 2012

Data from the Longitudinal Administrative Data (LAD) base are used to compare the retirement status and earnings replacement rates achieved by individuals who were, and individuals who were not, Registered Pension Plan members in 1991 and/or 1992, when they were in their mid-fifties. Among men...

Persistent link: https://www.econbiz.de/10013104406

A Note on Pension Coverage and Earnings Replacement Rates of Retired Men : A Closer Look at Distributions

Ostrovsky, Yuri - 2012

In spite of the importance of registered pension plans (RPPs) in discussions of Canada's retirement income system, very …

Persistent link: https://www.econbiz.de/10013108426

Involuntary unemployment and the business cycle

Christiano, Lawrence J.; Trabandt, Mathias; Walentin, Karl - 2010

We propose a monetary model in which the unemployed satisfy the official US definition of unemployment: they are people without jobs who are (i) currently making concrete efforts to find work and (ii) willing and able to work. In addition, our model has the property that people searching for...

Persistent link: https://www.econbiz.de/10009640338

Changing Labour Market Participation Since the Great Recession: A Regional Perspective

Cheung, Calista; Granovsky, Dmitry; Velasco, Gabriella - Bank of Canada - 2015

This paper discusses broad trends in labour force participation and part-time employment across different age groups …, weak business conditions appear to be the main driver behind the shift toward part-time employment since the Great …

Persistent link: https://www.econbiz.de/10011253081

Deconstructing Structural Unemployment

Schmitt, John; Warner, Kris - Center for Economic and Policy Research (CEPR) - 2011

Some economic observers argue “structural unemployment” has increased in the wake of the Great Recession, but in this paper we find little support for either of two arguments that suggest that structural unemployment has been on the rise. The first argument focuses on the large increase in...

Persistent link: https://www.econbiz.de/10008867484

Labor Market Policy in the Great Recession: Some Lessons from Denmark and Germany

Schmitt, John - Center for Economic and Policy Research (CEPR) - 2011

when the economy is at or near full employment, but have not been effective during the downturn. German labor … economy is operating at or near full employment, but have performed well in the Great Recession. The paper also discusses …

Persistent link: https://www.econbiz.de/10009024458