E24 - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T14:36:06+00:00Housework and Fiscal Expansions
https://www.bankofcanada.ca/2014/08/working-paper-2014-34/
We build an otherwise-standard business cycle model with housework, calibrated consistently with data on time use, in order to discipline consumption-hours complementarity and relate its strength to the size of fiscal multipliers.2014-08-08T10:51:51+00:00enHousework and Fiscal Expansions2014-08-08Business fluctuations and cyclesFiscal policyWorking Paper 2014-34https://www.bankofcanada.ca/wp-content/uploads/2014/08/wp2014-34.pdfHousework and Fiscal ExpansionsStefano GnocchiDaniela HauserEvi PappaAugust 2014EE2E24E3E32E5E52E6E62Beyond the Unemployment Rate: Assessing Canadian and U.S. Labour Markets Since the Great Recession
https://www.bankofcanada.ca/wp-content/uploads/2014/05/boc-review-spring14-zmitrowicz.pdf
This article provides a broad perspective on the performance of the labour market in Canada and the United States since the Great Recession. It also presents a simple way to summarize much of this information in a single composite labour market indicator (LMI) for both countries. The LMI suggests that the unemployment rate in Canada has evolved largely in line with overall labour market conditions since the recession, but may have modestly overstated the extent of recent improvement. The U.S. unemployment rate, in contrast, appears to have substantially overstated the post-recession improvement in labour market conditions.2014-05-13T09:44:01+00:00enBeyond the Unemployment Rate: Assessing Canadian and U.S. Labour Markets Since the Great Recession2014-05-13Labor Market Participation, Unemployment and Monetary Policy
https://www.bankofcanada.ca/2014/03/working-paper-2014-9/
We incorporate a participation decision in a standard New Keynesian model with matching frictions and show that treating the labor force as constant leads to incorrect evaluation of alternative policies.2014-03-12T11:17:56+00:00enLabor Market Participation, Unemployment and Monetary Policy2014-03-12Business fluctuations and cyclesLabour marketsMonetary policy transmissionWorking Paper 2014-9https://www.bankofcanada.ca/wp-content/uploads/2014/03/wp2014-9.pdfLabor Market Participation, Unemployment and Monetary PolicyAlessia CampolmiStefano GnocchiMarch 2014EE2E24E3E32E5E52Technology Shocks, Labour Mobility and Aggregate Fluctuations
https://www.bankofcanada.ca/2014/01/working-paper-2014-4/
We provide evidence regarding the dynamic behaviour of net labour flows across U.S. states in response to a positive technology shock. Technology shocks are identified as disturbances that increase relative state productivity in the long run for 226 state pairs, encompassing 80 per cent of labour flows across U.S. states in the 1976 - 2008 period.2014-01-23T14:14:21+00:00enTechnology Shocks, Labour Mobility and Aggregate Fluctuations2014-01-23Business fluctuations and cyclesLabour marketsWorking Paper 2014-4https://www.bankofcanada.ca/wp-content/uploads/2014/01/wp2014-4.pdfTechnology Shocks, Labour Mobility and Aggregate FluctuationsDaniela HauserJanuary 2014EE2E24E3E32JJ6J61