I3 - Welfare and Poverty - Bank of Canada
https://www.bankofcanada.ca/rss-feeds/
Bank of Canada RSS Feedsen2024-03-28T18:59:44+00:00Redefining Financial Inclusion for a Digital Age: Implications for a Central Bank Digital Currency
https://www.bankofcanada.ca/2023/10/staff-discussion-paper-2023-22/
We explore quantitative and qualitative information about Canadians who face barriers to making digital payments. We also consider the implications of ongoing digitalization for modern financial inclusion and a potential central bank digital currency.2023-10-04T14:28:10+00:00enRedefining Financial Inclusion for a Digital Age: Implications for a Central Bank Digital Currency2023-10-04AccessibilityBank notesCentral bank researchDigital currencies and fintechDigitalizationFinancial servicesStaff Discussion Paper 2023-22https://www.bankofcanada.ca/wp-content/uploads/2023/10/sdp2023-22.pdfStaff Discussion Paper 2023-22Alexandra Sutton-LalaniSebastian HernandezJohn MiedemaJiamin DaiBadr OmraneOctober 2023AA1A14EE4E42E5E50II3I31OO3O33O5O51Income Inequality in Canada
https://www.bankofcanada.ca/2022/07/staff-discussion-paper-2022-16/
Data show that income inequality in Canada increased substantially during the 1980s and first half of the 1990s but has been relatively stable over the past 25 years. This increase was felt mainly by low-income earners and younger people, while older people benefited from higher retirement income.2022-07-27T07:13:13+00:00enIncome Inequality in Canada2022-07-27Central bank researchLabour marketsMonetary and financial indicatorsStaff Discussion Paper 2022-16https://www.bankofcanada.ca/wp-content/uploads/2022/07/sdp2022-16.pdfIncome Inequality in CanadaSarah BurkinshawYaz TerajimaCarolyn A. WilkinsJuly 2022DD3D31D6D63II2I24I3I32JJ3J31J32NN3N32Labor Demand Response to Labor Supply Incentives: Lessons from the German Mini-Job Reform
https://www.bankofcanada.ca/2021/03/staff-working-paper-2021-15/
How do firms change their employment decisions when tax benefits for low-earning workers are expanded? Some firms increase employment overall, whereas others replace high-earning workers with low-earning workers, according to German linked employer-employee data.2021-03-29T11:30:36+00:00enLabor Demand Response to Labor Supply Incentives: Lessons from the German Mini-Job Reform2021-03-29Economic modelsFirm dynamicsLabour marketsStaff Working Paper 2021-15https://www.bankofcanada.ca/wp-content/uploads/2021/03/swp2021-15.pdfStaff Working Paper 2021-15Gabriela GalassiMarch 2021EE2E24E6E64HH2H20H24H3H32II3I38JJ2J23J3J38Identification of Random Resource Shares in Collective Households Without Preference Similarity Restrictions
https://www.bankofcanada.ca/2017/10/staff-working-paper-2017-45/
Resource shares, defined as the fraction of total household spending going to each person in a household, are important for assessing individual material well-being, inequality and poverty. They are difficult to identify because consumption is measured typically at the household level, and many goods are jointly consumed, so that individual-level consumption in multi-person households is not directly observed.2017-10-27T10:19:29+00:00enIdentification of Random Resource Shares in Collective Households Without Preference Similarity Restrictions2017-10-27Domestic demand and componentsEconometric and statistical methodsStaff Working Paper 2017-45https://www.bankofcanada.ca/wp-content/uploads/2017/10/swp2017-45.pdfIdentification of Random Resource Shares in Collective Households Without Preference Similarity RestrictionsGeoffrey R. DunbarArthur LewbelKrishna PendakurOctober 2017CC3C31DD1D11D12D13II3I32Sheltered Income: Estimating Income Under-Reporting in Canada, 1998 and 2004
https://www.bankofcanada.ca/2015/06/working-paper-2015-22/
We use data from the Survey of Financial Security and the Survey of Household Spending to estimate the incidence and extent of income under-reporting in Canada in 1998 and 2004. We estimate that the proportion of households under-reporting income is roughly 35 to 50 per cent in both years.2015-06-26T10:48:01+00:00enSheltered Income: Estimating Income Under-Reporting in Canada, 1998 and 20042015-06-26Domestic demand and componentsWorking Paper 2015-22https://www.bankofcanada.ca/wp-content/uploads/2015/06/wp2015-22.pdfSheltered Income: Estimating Income Under-Reporting in Canada, 1998 and 2004Geoffrey R. DunbarChunling FuJune 2015HH2H26II3I32KK4K42Does Financial Integration Increase Welfare? Evidence from International Household-Level Data
https://www.bankofcanada.ca/2015/02/working-paper-2015-4/
Despite a vast empirical literature that assesses the impact of financial integration on the economy, evidence of substantial welfare gains from consumption risk sharing remains elusive. While maintaining the usual cross-country perspective of the literature, this paper explicitly accounts for household heterogeneity and thus relaxes three restrictive assumptions that have featured prominently in the past.2015-02-02T07:18:39+00:00enDoes Financial Integration Increase Welfare? Evidence from International Household-Level Data2015-02-02International financial marketsInternational topicsLabour marketsRecent economic and financial developmentsWorking Paper 2015-4https://www.bankofcanada.ca/wp-content/uploads/2015/02/wp2015-4.pdfDoes Financial Integration Increase Welfare? Evidence from International Household-Level DataChristian FriedrichFebruary 2015EE2E21FF3II3I31