Gabriela Galassi - Latest

• Beyond the averages: Measuring underlying wage growth using Labour Force Survey microdata

  Staff Analytical Note 2024-23 Fares Bounajm, Tessa Devakos, Gabriela Galassi

  When it comes to understanding the influence of labour costs on inflation, average wage growth is a misleading indicator because it is affected by composition effects. We propose an alternative measure that corrects for these effects by using microdata from the Labour Force Survey. Our new measure has many desirable properties, including reduced volatility and a better relationship with labour market fundamentals.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Econometric and statistical methods, Labour markets JEL Code(s): C, C3, C31, J, J2, J21, J3, J30, J31, J8, J82

• Benchmarks for assessing labour market health: 2024 update

  Staff Analytical Note 2024-8 Erik Ens, Alexander Lam, Kurt See, Gabriela Galassi

  We assess the health of the Canadian labour market. We find that it has seen gradual but material easing since 2023, amid some signs of structural changes.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Business fluctuations and cycles, Econometric and statistical methods, Labour markets, Monetary policy JEL Code(s): E, E2, J, J2, J3, J6

• Digitalization: Labour Markets

  Staff Discussion Paper 2023-16 Alex Chernoff, Gabriela Galassi

  In this paper, the authors assess the relationship between digitalization and labour demand and supply, and how this relationship affects wages and income inequality. We also explore implications of recent digitalization trends for the future of work.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Digitalization, Labour markets JEL Code(s): I, I2, I23, J, J2, J23, J24, O, O3, O33

• What COVID-19 May Leave Behind: Technology-Related Job Postings in Canada

  Staff Working Paper 2022-17 Alejandra Bellatin, Gabriela Galassi

  COVID-19 affects technology adoption: online job postings for technology-related occupations fall less during pandemic lockdowns and pick up faster during reopenings than postings for more traditional occupations.

  Content Type(s): Staff research, Staff working papers Topic(s): Coronavirus disease (COVID-19), Econometric and statistical methods, Labour markets JEL Code(s): J, J2, J23, J24, O, O1, O14

• 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 Topic(s): Coronavirus disease (COVID-19), Labour markets JEL Code(s): E, E2, E24, J, J2, J23, J6, J63, J64, O, O3, O33

• Labor Demand Response to Labor Supply Incentives: Lessons from the German Mini-Job Reform

  Staff Working Paper 2021-15 Gabriela Galassi

  How do firms change their employment decisions when tax benefits for low-earning workers are expanded? Some firms increase employment overall, whereas others replace high-earning workers with low-earning workers, according to German linked employer-employee data.

  Content Type(s): Staff research, Staff working papers Topic(s): Economic models, Firm dynamics, Labour markets JEL Code(s): E, E2, E24, E6, E64, H, H2, H20, H24, H3, H32, I, I3, I38, J, J2, J23, J3, J38
• October 7, 2020

  The payoffs of higher education

  

  Youngmin Park, Gabriela Galassi, Natalia Kyui

  More education typically leads to higher pay, but as more people become educated, wages can decrease. Your education choices significantly affect your future earning potential.

  Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Labour markets, Potential output, Productivity

• The Intergenerational Correlation of Employment: Is There a Role for Work Culture?

  Staff Working Paper 2019-33 Gabriela Galassi, David Koll, Lukas Mayr

  We document a substantial positive correlation of employment status between mothers and their children in the United States, linking data from the National Longitudinal Survey of Youth 1979 (NLSY79) and the NLSY79 Children and Young Adults. After controlling for ability, education and wealth, a one-year increase in a mother’s employment is associated with six weeks more employment of her child on average.

  Content Type(s): Staff research, Staff working papers Topic(s): Econometric and statistical methods, Economic models, Labour markets JEL Code(s): E, E2, E24, J, J2, J21, J22, J6, J62

• Online Job Seekers in Canada: What Can We Learn from Bing Job Queries?

  Staff Analytical Note 2019-18 André Binette, Karyne B. Charbonneau, Nicholas Curtis, Gabriela Galassi, Scott Counts, Justin Cranshaw

  Labour markets in Canada and around the world are evolving rapidly with the digital economy. Traditional data are adapting gradually but are not yet able to provide timely information on this evolution.

  Content Type(s): Staff research, Staff analytical notes Topic(s): Central bank research, Labour markets, Monetary policy JEL Code(s): C, C8, C80, E, E2, E24, J, J2, J21