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156
result(s)
The Impact of Globalization and Digitalization on the Phillips Curve
Staff Working Paper 2022-7
Christian Friedrich,
Peter Selcuk
Globalization is in retreat, yet digitalization is on the rise. How will these trends impact inflation?
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Business fluctuations and cycles,
Inflation and prices,
International topics,
Labour markets,
Recent economic and financial developments,
Trade integration
JEL Code(s):
E,
E3,
E31,
E32,
F,
F6
Job Applications and Labour Market Flows
Staff Working Paper 2021-49
Serdar Birinci,
Kurt See,
Shu Lin Wee
Although the number of job applications has risen, job-finding rates remain relatively unchanged while job-separation rates have significantly declined. Rather than raising the probability of finding a job, we find that a rise in applications raises the probability of finding a good match, as evidenced by the decline in separation rates.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Labour markets,
Productivity
JEL Code(s):
E,
E2,
E24,
J,
J6,
J63,
J64
Assessing Labour Market Slack for Monetary Policy
Staff Discussion Paper 2021-15
Erik Ens,
Laurence Savoie-Chabot,
Kurt See,
Shu Lin Wee
Measuring labour market slack is essential for central banks: without full employment in the economy, inflation will not stay close to target. We propose a comprehensive approach to assessing labour market slack that reflects the complexity and diversity of the labour market.
Content Type(s):
Staff research,
Staff discussion papers
Topic(s):
Business fluctuations and cycles,
Coronavirus disease (COVID-19),
Econometric and statistical methods,
Labour markets,
Monetary policy
JEL Code(s):
E,
E2,
E24,
J,
J2,
J21,
J6
From He-Cession to She-Stimulus? The Labor Market Impact of Fiscal Policy Across Gender
Staff Working Paper 2021-42
Alica Ida Bonk,
Laure Simon
The effects of fiscal policy shocks on labour market outcomes across gender depend on the type of public expenditure. Women benefit most from increases in the government wage bill, while men are the main beneficiaries of higher investment spending.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Business fluctuations and cycles,
Fiscal policy,
Labour markets
JEL Code(s):
E,
E3,
E32,
E6,
E62,
J,
J1,
J16,
J2,
J21
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
Topic(s):
Labour markets,
Service sector
JEL Code(s):
L,
L8,
L81,
M,
M3,
M5
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
Exploring the potential benefits of inflation overshooting
Staff Analytical Note 2021-16
Robert Amano,
Marc-André Gosselin,
Kurt See
After a period with the interest rate at the effective lower bound, temporarily overshooting inflation may offer important economic benefits. This may be especially true for vulnerable segments of the population, such as workers with low attachment to the labour force and the long-term unemployed.
Content Type(s):
Staff research,
Staff analytical notes
Topic(s):
Inflation targets,
Labour markets,
Monetary policy,
Monetary policy framework
JEL Code(s):
E,
E3,
E31,
E5,
E52,
J,
J2,
J20
COVID-19 and Implications for Automation
Staff Working Paper 2021-25
Alex Chernoff,
Casey Warman
Occupations held by females with mid-level education face the highest risk of accelerated automation as a result of the COVID-19 pandemic.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Coronavirus disease (COVID-19),
International topics,
Labour markets
JEL Code(s):
I,
I1,
I14,
I2,
I24,
J,
J1,
J15,
J16,
R,
R1,
R12
Four Decades of Canadian Earnings Inequality and Dynamics Across Workers and Firms
Staff Working Paper 2021-20
Audra Bowlus,
Émilien Gouin-Bonenfant,
Huju Liu,
Lance Lochner,
Youngmin Park
We use four decades of Canadian matched employer-employee data to explore how inequality and the dynamics of individual earnings have evolved over time in Canada. We also examine how the earnings growth of individuals is related to the growth of their employers.
Content Type(s):
Staff research,
Staff working papers
Topic(s):
Econometric and statistical methods,
Firm dynamics,
Labour markets,
Potential output,
Productivity
JEL Code(s):
D,
D2,
D22,
D3,
D31,
E,
E2,
E24,
J,
J2,
J24,
J3,
J31,
J6,
J63