Stephen S. Poloz - Latest
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The Causes of Unemployment in Canada: A Review of the Evidence
This paper reviews various competing theories of structural unemployment and considers whether they may be used to explain any of the rise in unemployment experienced by Canada during the most recent economic cycle. -
Is Hysteresis a Characteristic of the Canadian Labour Market? A Tale of Two Studies
This paper replicates and extends the econometric work of two previous studies of output-inflation dynamics in Canada -- Fortin (1991) and Cozier and Wilkinson (1991) -- in an attempt to reconcile their divergent conclusions.