Youngmin Park - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T08:45:26+00:00Democratic Political Economy of Financial Regulation
https://www.bankofcanada.ca/2021/11/staff-working-paper-2021-59/
We offer a theory of how inefficiently lax financial regulation could arise in a democratic society.2021-11-26T14:17:43+00:00enDemocratic Political Economy of Financial Regulation2021-11-26Financial stabilityFinancial system regulation and policiesHousingInterest ratesStaff Working Paper 2021-59https://www.bankofcanada.ca/wp-content/uploads/2021/11/swp2021-59.pdfStaff Working Paper 2021-59Igor LivshitsYoungmin ParkNovember 2021EE4E43E44GG0G01G2G21G28PP4P48Four Decades of Canadian Earnings Inequality and Dynamics Across Workers and Firms
https://www.bankofcanada.ca/2021/04/staff-working-paper-2021-20/
We use four decades of Canadian matched employer-employee data to explore how inequality and the dynamics of individual earnings have evolved over time in Canada. We also examine how the earnings growth of individuals is related to the growth of their employers.2021-04-29T10:53:01+00:00enFour Decades of Canadian Earnings Inequality and Dynamics Across Workers and Firms2021-04-29Econometric and statistical methodsFirm dynamicsLabour marketsPotential outputProductivityStaff Working Paper 2021-20https://www.bankofcanada.ca/wp-content/uploads/2021/04/swp2021-20.pdfFour Decades of Canadian Earnings Inequality and Dynamics Across Workers and FirmsAudra BowlusÉmilien Gouin-BonenfantHuju LiuLance LochnerYoungmin ParkApril 2021DD2D22D3D31EE2E24JJ2J24J3J31J6J63Potential output and the neutral rate in Canada: 2021 update
https://www.bankofcanada.ca/2021/04/staff-analytical-note-2021-6/
We expect potential output growth to be higher than in the October 2020 reassessment. By 2024, growth will be slightly above its average growth from 2010 to 2019. We assess that the Canadian nominal neutral rate continues to lie in the range of 1.75 to 2.75 percent.2021-04-21T10:01:22+00:00enPotential output and the neutral rate in Canada: 2021 update2021-04-21