Labour markets - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T13:55:27+00:00Building on success
https://www.bankofcanada.ca/2021/12/building-on-success/
Governor Tiff Macklem speaks about the Bank of Canada’s monetary policy framework review and the agreement between the Government of Canada and the Bank to renew the 2 percent inflation target.2021-12-15T12:00:05+00:00Building on success2021-12-15Tiff MacklemOur monetary policy framework: Continuity, clarity and commitment
https://www.bankofcanada.ca/2021/12/monetary-policy-framework-continuity-clarity-and-commitment/
Governor Tiff Macklem discusses the Bank of Canada’s renewed monetary policy framework. He reviews Canada’s experience with flexible inflation targeting and explains why the Bank and the Government of Canada agreed to renew the 2 percent inflation target.2021-12-15T08:38:54+00:00Our monetary policy framework: Continuity, clarity and commitment2021-12-15Tiff MacklemLabour market uncertainties and monetary policy
https://www.bankofcanada.ca/2021/11/labour-market-uncertainties-and-monetary-policy/
Deputy Governor Lawrence Schembri talks about changes to the labour market, and how the pandemic affected Canadian workers. He also discusses how the Bank is adapting labour market analysis tools to help guide monetary policy decisions that will support a more inclusive recovery.2021-11-16T12:00:51+00:00Labour market uncertainties and monetary policy2021-11-16Lawrence L. SchembriMeasuring changes to the labour market
https://www.bankofcanada.ca/2021/11/measuring-changes-to-the-labour-market/
Deputy Governor Lawrence Schembri discusses how the Canadian labour market has changed during the pandemic. He explains why better tools to measure the health of the job market will help the Bank of Canada set monetary policy that supports the recovery.2021-11-16T08:12:21+00:00Measuring changes to the labour market2021-11-16Lawrence L. SchembriJob Applications and Labour Market Flows
https://www.bankofcanada.ca/2021/10/staff-working-paper-2021-49/
Although the number of job applications has risen, job-finding rates remain relatively unchanged while job-separation rates have significantly declined. Rather than raising the probability of finding a job, we find that a rise in applications raises the probability of finding a good match, as evidenced by the decline in separation rates.2021-10-12T15:46:40+00:00enJob Applications and Labour Market Flows2021-10-12Labour marketsProductivityStaff Working Paper 2021-49https://www.bankofcanada.ca/wp-content/uploads/2021/10/swp2021-49.pdfStaff Working Paper 2021-49Serdar BirinciKurt SeeShu Lin WeeOctober 2021EE2E24JJ6J63J64Assessing Labour Market Slack for Monetary Policy
https://www.bankofcanada.ca/2021/10/staff-discussion-paper-2021-15/
Measuring labour market slack is essential for central banks: without full employment in the economy, inflation will not stay close to target. We propose a comprehensive approach to assessing labour market slack that reflects the complexity and diversity of the labour market.2021-10-06T10:00:14+00:00enAssessing Labour Market Slack for Monetary Policy2021-10-06Business fluctuations and cyclesCoronavirus disease (COVID-19)Econometric and statistical methodsLabour marketsMonetary policyErik EnsLaurence Savoie-ChabotKurt SeeShu Lin WeeOctober 2021EE2E24JJ2J21J6From He-Cession to She-Stimulus? The Labor Market Impact of Fiscal Policy Across Gender
https://www.bankofcanada.ca/2021/09/staff-working-paper-2021-42/
The effects of fiscal policy shocks on labour market outcomes across gender depend on the type of public expenditure. Women benefit most from increases in the government wage bill, while men are the main beneficiaries of higher investment spending.2021-09-10T08:51:03+00:00enFrom He-Cession to She-Stimulus? The Labor Market Impact of Fiscal Policy Across Gender2021-09-10Business fluctuations and cyclesFiscal policyLabour marketsStaff Working Paper 2021-42https://www.bankofcanada.ca/wp-content/uploads/2021/09/swp2021-42.pdfFrom He-Cession to She-Stimulus? The Labor Market Impact of Fiscal Policy Across GenderAlica Ida BonkLaure SimonSeptember 2021EE3E32E6E62JJ1J16J2J21Monetary policy as the recovery progresses
https://www.bankofcanada.ca/2021/09/monetary-policy-as-the-recovery-progresses/
Governor Tiff Macklem talks about the Bank of Canada’s decision yesterday to leave the policy rate unchanged. He also talks about how the Bank could adjust monetary policy once the economy needs less support.2021-09-09T12:00:31+00:00Monetary policy as the recovery progresses2021-09-09Tiff MacklemEconomic progress report: Monetary policy for the recovery
https://www.bankofcanada.ca/2021/09/economic-progress-report-monetary-policy-recovery/
Bank of Canada Governor Tiff Macklem talks about the Bank’s latest interest rate announcement and discusses how the Bank could adjust monetary policy and its quantitative easing program as the recovery progresses.2021-09-09T09:00:37+00:00Economic progress report: Monetary policy for the recovery2021-09-09Tiff MacklemMeasuring the Effectiveness of Salespeople: Evidence from a Cold-Drink Market
https://www.bankofcanada.ca/2021/08/staff-working-paper-2021-40/
Salespeople are widely employed in many industries. We leverage a unique data set on retail sales from a leading Chinese cold-drink manufacturer and information on the firm’s salespeople assignment rule to measure the causal effect of salespeople on product revenue.2021-08-20T09:49:47+00:00enMeasuring the Effectiveness of Salespeople: Evidence from a Cold-Drink Market2021-08-20Labour marketsService sectorStaff Working Paper 2021-40https://www.bankofcanada.ca/wp-content/uploads/2021/08/swp2021-40.pdfHaofeng JinZhentong LuAugust 2021LL8L81MM3M5