Terence Yuen

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Staff Working Papers

Do Exchange Rates Affect the Capital-Labour Ratio? Panel Evidence from Canadian Manufacturing Industries

Staff Working Paper 2005-12 Danny Leung, Terence Yuen
Using industry-level data for Canadian manufacturing industries from 1981 to 1997, the authors find empirical evidence of a negative relationship between the capital-labour ratio and the user cost of capital relative to the price of labour.
Content Type(s): Staff research, Staff working papers Topic(s): Exchange rates, Productivity JEL Code(s): F, F4

Technological Change and the Education Premium in Canada: Sectoral Evidence

Staff Working Paper 2003-18 Jean Farès, Terence Yuen
It has been well documented that the education premium measured by the wage difference between university and high school graduates has remained constant over the past two decades in Canada. Despite this stable pattern at the aggregate level, skill-biased technology could have important implications for the inter-industry wage structure.
Content Type(s): Staff research, Staff working papers Topic(s): Labour markets JEL Code(s): J, J3, J31, O, O3, O30

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