Fiscal Spillovers: The Case of US Corporate and Personal Income Taxes Staff working paper 2021-41 Madeline Hanson, Daniela Hauser, Romanos Priftis How do changes to personal and corporate income tax rates in the United States affect its trading partners? Spillover effects from cuts in the two taxes differ. They are generally small and negative for corporate taxes, but sizable and positive for personal income taxes. Content Type(s): Staff research, Staff working papers JEL Code(s): E, E3, E32, E6, E62, F, F4, F44, H, H2, H20 Research Theme(s): Financial system, Financial stability and systemic risk, Monetary policy, Real economy and forecasting, Structural challenges, International trade, finance and competitiveness
Measuring the Effectiveness of Salespeople: Evidence from a Cold-Drink Market Staff working paper 2021-40 Haofeng Jin, Zhentong Lu Salespeople are widely employed in many industries. We leverage a unique data set on retail sales from a leading Chinese cold-drink manufacturer and information on the firm’s salespeople assignment rule to measure the causal effect of salespeople on product revenue. Content Type(s): Staff research, Staff working papers JEL Code(s): L, L8, L81, M, M3, M5 Research Theme(s): Monetary policy, Real economy and forecasting, Structural challenges, Demographics and labour supply
August 19, 2021 Quarterly Financial Report - Second Quarter 2021 Quarterly Financial Report - Second Quarter 2021 - For the period ended June 30, 2021 Content Type(s): Publications, Quarterly Financial Report
Canadian job postings in digital sectors during COVID-19 Staff analytical note 2021-18 Alejandra Bellatin, Gabriela Galassi Digital technologies have helped maintain economic activity while allowing people to remain physically distant throughout the COVID-19 crisis. This note shows that the number of online postings for jobs related to the production of digital technologies in Canada decreased less than the number for other jobs and recovered more quickly after lockdowns were lifted. Content Type(s): Staff research, Staff analytical notes JEL Code(s): E, E2, E24, J, J2, J23, J6, J63, J64, O, O3, O33 Research Theme(s): Structural challenges, Demographics and labour supply, Digitalization and productivity