Labour markets

• February 10, 2015

  Minding the Labour Gap

  Remarks Carolyn A. Wilkins Ottawa Economics Association Ottawa, Ontario

  Senior Deputy Governor Carolyn Wilkins discusses the state of the labour market, the impact of lower oil prices on Canada’s economic outlook and the importance of both for monetary policy.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Inflation and prices, Inflation targets, Labour markets, Monetary policy, Potential output, Productivity

• Changing Labour Market Participation Since the Great Recession: A Regional Perspective

  Staff Discussion Paper 2015-2 Calista Cheung, Dmitry Granovsky, Gabriella Velasco

  This paper discusses broad trends in labour force participation and part-time employment across different age groups since the Great Recession and uses provincial data to identify changes related to population aging, cyclical effects and other factors.

  Content Type(s): Staff research, Staff discussion papers Topic(s): Labour markets, Recent economic and financial developments, Regional economic developments JEL Code(s): E, E2, E24, E3, E32, J, J1, J2, J21, J6

• Does Financial Integration Increase Welfare? Evidence from International Household-Level Data

  Staff Working Paper 2015-4 Christian Friedrich

  Despite a vast empirical literature that assesses the impact of financial integration on the economy, evidence of substantial welfare gains from consumption risk sharing remains elusive. While maintaining the usual cross-country perspective of the literature, this paper explicitly accounts for household heterogeneity and thus relaxes three restrictive assumptions that have featured prominently in the past.

  Content Type(s): Staff research, Staff working papers Topic(s): International financial markets, International topics, Labour markets, Recent economic and financial developments JEL Code(s): E, E2, E21, F, F3, I, I3, I31