J31 - Wage Level and Structure; Wage Differentials - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T02:26:39+00:00Towards a HANK Model for Canada: Estimating a Canadian Income Process
https://www.bankofcanada.ca/2020/12/staff-discussion-paper-2020-13/
How might one simulate a million realistic income paths and compute their statistical moments in under a second? Using CUDA-based methods to estimate the Canadian earnings process, I find that the distribution of labour income growth is sharply peaked with heavy tails—similar to that in the United States.2020-12-11T09:42:20+00:00enTowards a HANK Model for Canada: Estimating a Canadian Income Process2020-12-11Economic modelsLabour marketsStaff Discussion Paper 2020-13https://www.bankofcanada.ca/wp-content/uploads/2020/12/sdp2020-13.pdfTowards a HANK Model for Canada: Estimating a Canadian Income ProcessIskander KaribzhanovDecember 2020DD3D31EE2E24JJ3J31Optimal Taxation in Asset Markets with Adverse Selection
https://www.bankofcanada.ca/2020/04/staff-working-paper-2020-11/
What is the optimal tax schedule in over-the-counter markets, e.g., those for corporate bonds? I find that an optimal tax schedule is often non-monotonic. For example, trading of some high-price assets should be subsidized, and trading of some low-price assets should be taxed.2020-04-06T09:36:37+00:00enOptimal Taxation in Asset Markets with Adverse Selection2020-04-06Economic modelsFinancial marketsFinancial system regulation and policiesMarket structure and pricingStaff Working Paper 2020-11https://www.bankofcanada.ca/wp-content/uploads/2020/04/swp2020-11.pdfOptimal Taxation in Asset Markets with Adverse SelectionMohammad DavoodalhosseiniApril 2020DD8D82D83EE2E24GG1G10JJ3J31J6J64