J62 - Job, Occupational, and Intergenerational Mobility - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T05:03:48+00:00Labor Market Shocks and Monetary Policy
https://www.bankofcanada.ca/2023/10/staff-working-paper-2023-52/
We develop a heterogeneous-agent New Keynesian model featuring a frictional labor market with on-the-job search to quantitatively study the positive and normative implications of employer-to-employer transitions for inflation.2023-10-05T14:31:46+00:00enLabor Market Shocks and Monetary Policy2023-10-05Business fluctuations and cyclesInflation and pricesLabour marketsMonetary policyStaff Working Paper 2023-52https://www.bankofcanada.ca/wp-content/uploads/2023/10/swp2023-52.pdfStaff Working Paper 2023-52Serdar BirinciFatih KarahanYusuf MercanKurt SeeOctober 2023EE1E12E2E24E5E52JJ3J31J6J62J64Demographic Origins of the Decline in Labor’s Share
https://www.bankofcanada.ca/2023/04/staff-working-paper-2023-20/
Declining labour market dynamism of workers results in an increasing wedge between their earnings and their marginal product as they age. This wedge and the demographic shift in the earnings shares of older workers can account for 59% of the decline in labor’s share of earnings in the United States.2023-04-13T10:49:28+00:00enDemographic Origins of the Decline in Labor’s Share2023-04-13Labour marketsProductivityStaff Working Paper 2023-20https://www.bankofcanada.ca/wp-content/uploads/2023/04/swp2023-20.pdfStaff Working Paper 2023-20Andrew GloverJacob ShortApril 2023DD3D33EE2E25JJ1J3J6J62Earnings Dynamics and Intergenerational Transmission of Skill
https://www.bankofcanada.ca/2020/11/staff-working-paper-2020-46/
How are your past, current and future earnings related to those of your parents? We explore this by using 37 years of Canadian tax data on two generations.2020-11-04T10:09:40+00:00enEarnings Dynamics and Intergenerational Transmission of Skill2020-11-04Econometric and statistical methodsLabour marketsPotential outputProductivityStaff Working Paper 2020-46https://www.bankofcanada.ca/wp-content/uploads/2020/11/swp2020-46.pdfStaff Working Paper 2020-46Lance LochnerYoungmin ParkNovember 2020CC3C33JJ2J24J6J62The Intergenerational Correlation of Employment: Is There a Role for Work Culture?
https://www.bankofcanada.ca/2019/09/staff-working-paper-2019-33/
We document a substantial positive correlation of employment status between mothers and their children in the United States, linking data from the National Longitudinal Survey of Youth 1979 (NLSY79) and the NLSY79 Children and Young Adults. After controlling for ability, education and wealth, a one-year increase in a mother’s employment is associated with six weeks more employment of her child on average.2019-09-05T13:25:53+00:00enThe Intergenerational Correlation of Employment: Is There a Role for Work Culture?2019-09-05Econometric and statistical methodsEconomic modelsLabour marketsStaff Working Paper 2019-33https://www.bankofcanada.ca/wp-content/uploads/2019/09/swp2019-33.pdfThe Intergenerational Correlation of Employment: Is There a Role for Work Culture?Gabriela GalassiDavid KollLukas MayrSeptember 2019EE2E24JJ2J21J22J6J62Uncertainty and the Specificity of Human Capital
https://www.bankofcanada.ca/2007/12/working-paper-2007-57/
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.2007-12-03T09:36:41+00:00enUncertainty and the Specificity of Human Capital2007-12-03Economic modelsWorking Paper 2007-57 https://www.bankofcanada.ca/wp-content/uploads/2010/02/wp07-57.pdfUncertainty and the Specificity of Human CapitalMartin GervaisIgor LivshitsCésaire MehDecember 2007DD9D92JJ2J24J4J41J6J62