J2 - Demand and Supply of Labor

• Uncertainty and the Specificity of Human Capital

  Staff Working Paper 2007-57 Martin Gervais, Igor Livshits, Césaire Meh

  This paper studies the choice between general and specific human capital. A trade-off arises because general human capital, while less productive, can easily be reallocated across firms.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Economic models JEL Code(s): D, D9, D92, J, J2, J24, J4, J41, J6, J62

• Education and Self-Employment: Changes in Earnings and Wealth Inequality

  Staff Working Paper 2006-40 Yaz Terajima

  The author quantitatively studies the interaction between education and occupation choices and its implication for the relationship between the changes in earnings inequality and the changes in wealth inequality in the United States over the 1983–2001 period.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Economic models, Labour markets JEL Code(s): D, D3, D31, I, I2, I21, J, J2, J23

• Intertemporal Substitution in Macroeconomics: Evidence from a Two-Dimensional Labour Supply Model with Money

  Staff Working Paper 2005-30 Ali Dib, Louis Phaneuf

  The hypothesis of intertemporal substitution in labour supply has a history of empirical failure when confronted with aggregate time-series data.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Business fluctuations and cycles, Econometric and statistical methods, Labour markets JEL Code(s): C, C5, C52, E, E2, E24, E3, E32, J, J2, J22

• Learning-by-Doing or Habit Formation?

  Staff Working Paper 2005-15 Hafedh Bouakez, Takashi Kano

  In a recent paper, Chang, Gomes, and Schorfheide (2002) extend the standard real business cycle (RBC) model to allow for a learning-by-doing (LBD) mechanism whereby current labour supply affects future productivity.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Business fluctuations and cycles, Econometric and statistical methods, Economic models, Labour markets JEL Code(s): C, C5, C52, E, E3, E32, J, J2, J22

• Educational Spillovers: Does One Size Fit All?

  Staff Working Paper 2005-10 Robert Baumann, Raphael Solomon

  In a search model of production, where agents accumulate heterogeneous amounts of human capital, an individual worker's wage depends on average human capital in the searching population.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Labour markets JEL Code(s): I, I2, I29, J, J2, J24, J3, J31

• Recent Developments in Self-Employment in Canada

  Staff Working Paper 2005-8 Nadja Kamhi, Danny Leung

  The authors document the recent evolution of the self-employment rate in Canada. Between 1987 and 1998, the self-employment rate rose 3.5 percentage points from 13.8 per cent to 17.3 per cent.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Labour markets JEL Code(s): J, J2, J23, J24

• Translog ou Cobb-Douglas? Le rôle des durées d'utilisation des facteurs

  Staff Working Paper 2004-19 Eric Heyer, Florian Pelgrin, Arnaud Sylvain

  Using French data on industrial firms over the period 1989-2001, the authors estimate a "flexible" Translog production function that accounts for the volumes and durations of factor utilization.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Economic models JEL Code(s): C, C3, C33, D, D2, D24, J, J2, J23

• Durées d'utilisation des facteurs et fonction de production : une estimation par la méthode des moments généralisés en système

  Staff Working Paper 2004-12 Eric Heyer, Florian Pelgrin, Arnaud Sylvain

  Although a number of studies have demonstrated the importance of the degree of factor utilization in economic analysis, the impact of the durations of utilization in a production function remains largely unknown, particularly in terms of the duration of equipment utilization.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Economic models JEL Code(s): C, C3, C33, D, D2, D24, J, J2, J23

• Public Venture Capital and Entrepreneurship

  Staff Working Paper 2004-10 Oana Secrieru, Marianne Vigneault

  Entrepreneurship is a key factor in promoting growth in output and employment. Consequently, to encourage new start-ups, most governments in developed countries have public venture capital programs.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Financial markets, Fiscal policy, Labour markets JEL Code(s): D, D2, G, G2, G24, G28, J, J2, J24, M, M1, M13

• Do Peer Group Members Outperform Individual Borrowers? A Test of Peer Group Lending Using Canadian Micro-Credit Data

  Staff Working Paper 2003-33 Rafael Gomez, Eric Santor

  Microfinance institutions now serve over 10 million poor households in the developing and developed world, and much of their success has been attributed to their innovative use of peer group lending. There is very little empirical evidence, however, to suggest that group lending schemes offer a superior institutional design over lending programs that serve individual borrowers.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Development economics JEL Code(s): E, J, J2, J23, O, O1, O17