Staff working papers

• The Causes of Unemployment in Canada: A Review of the Evidence

  Staff Working Paper 1994-11 Stephen S. Poloz

  This paper reviews various competing theories of structural unemployment and considers whether they may be used to explain any of the rise in unemployment experienced by Canada during the most recent economic cycle.

  Content Type(s): Staff research, Staff working papers Topic(s): Labour markets

• Les provinces canadiennes et la convergence : une évaluation empirique

  Staff Working Paper 1994-10 Mario Lefebvre

  This paper examines whether the hypothesis of economic convergence holds for the Canadian provinces. Using data on real gross domestic product per capita and on factor productivity from 1966 to 1992, the paper shows, using two different methods, that the convergence hypothesis cannot be rejected. This evidence supports the findings of other authors who have studied convergence among Canadian provinces.

  Content Type(s): Staff research, Staff working papers Topic(s): Recent economic and financial developments

• Symétrie des chocs touchant les régions canadiennes et choix d'un régime de change

  Staff Working Paper 1994-9 Alain DeSerres, René Lalonde

  The authors attempt to determine whether the primary advantage of the flexible exchange rate between Canada and the United States—the rapid adjustment of the real exchange rate following an asymmetrical shock—is as evident at the regional as at the national level.

  Content Type(s): Staff research, Staff working papers Topic(s): Exchange rates