Labour markets - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T19:35:51+00:00Making cents of wages
https://www.bankofcanada.ca/2019/01/making-cents-of-wages/
Ever wonder how your wages are determined? You’re not the only one who cares about your wages. At the Bank of Canada, we care about them a lot too.2019-01-31T11:00:59+00:00enMaking cents of wages2019-01-31A Look Under the Hood of Canada’s Job Market
https://www.bankofcanada.ca/2019/01/look-under-hood-canadas-job-market/
Senior Deputy Governor Carolyn A. Wilkins discusses developments in the Canadian labour market and factors that may help explain why wage growth is slower than expected.2019-01-31T09:27:39+00:00A Look Under the Hood of Canada’s Job Market2019-01-31Carolyn A. WilkinsThe State of Labour Market Churn in Canada
https://www.bankofcanada.ca/2019/01/staff-analytical-note-2019-4/
The literature highlights that labour market churn, including job-to-job transitions, is a key element of wage growth. Using microdata from the Labour Force Survey, we compute measures of labour market churn and compare these with pre-crisis averages to assess implications for wage growth.2019-01-30T09:45:54+00:00enThe State of Labour Market Churn in Canada2019-01-30Drivers of Weak Wage Growth in Advanced Economies
https://www.bankofcanada.ca/2019/01/staff-analytical-note-2019-3/
Since the global financial crisis, advanced-economy wage growth has been generally low relative to past recoveries, especially after accounting for the evolution of labour market conditions over this period. This paper investigates a variety of potential explanations for this weakness, drawing on findings from the literature as well as analysis of recent labour market data in advanced economies.2019-01-28T08:59:36+00:00enDrivers of Weak Wage Growth in Advanced Economies2019-01-28Can Capital Deepening Explain the Global Decline in Labor’s Share?
https://www.bankofcanada.ca/2019/01/staff-working-paper-2019-3/
We estimate an aggregate elasticity of substitution between capital and labor near or below one, which implies that capital deepening cannot explain the global decline in labor's share. Our methodology derives from transition paths in the neo-classical growth model.2019-01-14T09:53:44+00:00enCan Capital Deepening Explain the Global Decline in Labor’s Share?2019-01-14Firm dynamicsInternational topicsLabour marketsStaff Working Paper 2019-3https://www.bankofcanada.ca/wp-content/uploads/2019/01/swp2019-3.pdfCan Capital Deepening Explain the Global Decline in Labor’s Share?Andrew GloverJacob ShortJanuary 2019EE1E13E2E22E25JJ3