Labour markets

• Human Capital Risk and the Firmsize Wage Premium

  Staff Working Paper 2008-33 Danny Leung, Alexander Ueberfeldt

  Why do employed persons in large firms earn more than employed persons in small firms, even after controlling for observable characteristics? Complementary to previous results, this paper proposes a mechanism that gives an answer to this question.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Labour markets, Productivity JEL Code(s): J, J2, J24, J3, J31
• September 15, 2008

  Offshoring and Its Effects on the Labour Market and Productivity: A Survey of Recent Literature

  Bank of Canada Review - Autumn 2008 James Rossiter, Yi Zheng, Calista Cheung

  Offshoring has become an increasingly prominent aspect of the globalization process. Evidence over the past two decades suggests that offshoring has not exerted a noticeable impact on overall employment and earnings growth in advanced economies, but it has likely contributed to shifting the demand for labour towards higher-skilled jobs. There appear to be some positive effects of offshoring on productivity, but such effects differ by country.

  Content Type(s): Publications, Bank of Canada Review articles Topic(s): International topics, Labour markets, Productivity