Business fluctuations and cycles

• September 21, 2015

  Riding the Commodity Cycle: Resources and the Canadian Economy

  Remarks Stephen S. Poloz Calgary Economic Development Calgary, Alberta

  Governor Poloz speaks about cycles in commodity prices and how Canada has used its endowment of natural resources to build a prosperous economy.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, International topics, Monetary policy, Monetary policy and uncertainty, Recent economic and financial developments, Trade integration

• The Carrot and the Stick: The Business Cycle Implications of Incentive Pay in the Labor Search Model

  Staff Working Paper 2015-35 Julien Champagne

  This paper considers a real business cycle model with labor search frictions where two types of incentive pay are explicitly introduced following the insights from the micro literature on performance pay (e.g. Lazear, 1986).

  Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Labour markets JEL Code(s): E, E2, E24, J, J3, J33, J4, J41