Labor Market Adjustment In Canada And The United States

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Labor Market Adjustment In Canada And The United States

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Author : Mr.Eswar Prasad
language : en
Publisher: International Monetary Fund
Release Date : 1997-01-01

Labor Market Adjustment In Canada And The United States written by Mr.Eswar Prasad and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-01-01 with Business & Economics categories.

This paper provides a quantitative assessment of the relative importance of different labor market adjustment mechanisms in Canada and the United States and also examines the effects of the unemployment insurance (UI) system on labor market adjustment. At the aggregate level, employment growth shocks result in similar unemployment rate responses but smaller wage responses in Canada relative to the United States. Although overall UI generosity has increased aggregate unemployment persistence in Canada, the endogenous component of UI has affected unemployment persistence only marginally. The lower degree of aggregate real wage flexibility in Canada has not been an important determinant of unemployment persistence.

Labor Market Adjustments In The Pacific Basin

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Author : Peter Chinloy
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Labor Market Adjustments In The Pacific Basin written by Peter Chinloy and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.

Peter T. Chinloy and Ernst W. Stromsdorfer I. Background to Adjustments in Labor Markets The book examines the process of adjustment in labor markets across countries arising from external shocks and shifts in international competi tiveness. The examination of specific countries and their data permits a comparison of alternative institutions for compensating and redeploying labor. Four countries are involved, whose labor markets are both competi tive and complementary: Canada, Japan, Mexico, and the United States. Both public labor market institutions, such as direct government com~ pensation of displaced workers and the effect of unemployment insurance, and private market arrangements, such as em loyer-employee agreements on layoffs, the work contract, and severance pay, are considered. Compara tive examination across countries of labor market and related insitutions is thus possible. The book has a common theme, namely the adjustment of labor markets to exogenous shocks, particularly those externally induced. The unifying focus in on workers whose specific skills in an industry or firm render them relatively immobile.

Labour Market Adjustment In Canada And The United States

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Author : Canada. Human Resources Development Canada. Applied Research Branch
language : en
Publisher:
Release Date : 1997

Labour Market Adjustment In Canada And The United States written by Canada. Human Resources Development Canada. Applied Research Branch and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Labor market categories.

Labor Market Policies In Canada And Latin America Challenges Of The New Millennium

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Author : R. Albert Berry
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-14

Labor Market Policies In Canada And Latin America Challenges Of The New Millennium written by R. Albert Berry and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-14 with Business & Economics categories.

Canada and the countries of Latin America are in the midst of major changes and choices in the area of labor markets and related social policy. These decisions are likely to have profound consequences for the quality of life of workers throughout the hemisphere. Labor Market Policies in Canada and Latin America: Challenges of the New Millennium reviews the evidence of Canada and Latin America on three major labor policy instruments - unemployment insurance, minimum wages and training - and on the effects of the payroll taxes which are the main means of funding the unemployment insurance system and other components of social expenditure. This is the first study attempting an in-depth comparison of these labor policy instruments between Canada and Latin America. The useful juxtaposition of Canadian and Latin American experiences comes at a time when the trend in Canada is to back away from the perhaps overly generous or ineffectively administered elements of the labor legislation/social security net and when Latin American countries have undertaken significant reforms of their past systems but require further changes to move toward the sorts of legislation and support systems that characterize developed countries. The experiences of Canada and Latin America are mutually relevant since all are small economies forced to adjust to events at the world or hemispheric level and most are inclined to approach policy in an intermediate fashion which falls between the more market-oriented American and the more interventionist European models. Together with its comparative aspect, this volume attempts a more balanced and in-depth assessment in each of the policy areas than has hitherto been available. The gradually increasing base of available empirical data on the period after the reforms has been used in the studies, which provide thorough syntheses of the available research for Canada and Latin America.

Training Retraining And Labour Market Adjustment

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Author : Melanie Courchene
language : en
Publisher: Kingston, Ont. : Industrial Relations Centre, Queen's University
Release Date : 1991

Training Retraining And Labour Market Adjustment written by Melanie Courchene and has been published by Kingston, Ont. : Industrial Relations Centre, Queen's University this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Business & Economics categories.

Job Loss And Labour Market Adjustment In The Canadian Economy

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Author : W. G. Picot
language : en
Publisher:
Release Date : 1987

Job Loss And Labour Market Adjustment In The Canadian Economy written by W. G. Picot and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Employees categories.

The paper assesses the labour market adjustment experiences of Canadian workers who were permanently laid off between 1981 and 1984. Such lay-offs could be due to structural or cyclical causes. Data from a special survey are used to answer a number of questions. What types of workers were most likely to experience job loss and in which industries or occupations did they work? What happened to these workers when their jobs were abolished? Did they adjust relatively quickly and successfully, finding new jobs in a short time at the same income level? Or did a significant number spend long periods seeking new jobs and undergo large pay cuts? How many turned to retraining or relocation in an attempt to find a new job? Were there major movements among industrial sectors in the process (say from manufacturing to services), and how did workers who made such a transition fare? Circumstances varied tremendously from one worker to another. Nearly one-quarter of the workers who found new jobs did so within three weeks, while 10% took more than one year. Of those finding new jobs, 55% found jobs paying higher wages, 45% took pay cuts in their new jobs. On the whole, however, these permanently laid off workers fared poorly compared to the rest of the labour force. Their unemployment rate in January, 1986 (the time of the survey) was 25%, more than double the national average. Even among workers with considerable experience in the lost job (3 years or more), the unemployment rate was 24%.

Shocking Aspects Of Canadian Labor Markets

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Author : Tamim A. Bayoumi
language : en
Publisher: International Monetary Fund
Release Date : 2006-03

Shocking Aspects Of Canadian Labor Markets written by Tamim A. Bayoumi and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-03 with Business & Economics categories.

We analyze the flexibility of the Canadian labor market across provinces in both an interand intra-national context using macroeconomic data on employment, unemployment, participation, and (for Canada) migration and real wages. We find that Canadian labor markets respond in a similar manner to their U.S. counterparts and are more flexible than those in major euro area countries. Within Canada, the results indicate that labor markets in Ontario and provinces further west are more flexible, particularly with regard to migration, while those further east are less so.

Adapting To Change

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Author : William Craig Riddell
language : en
Publisher:
Release Date : 1986

Adapting To Change written by William Craig Riddell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Business & Economics categories.

Essays on labour market adjustment to structural change and technological change in Canada - examines the role of education and training in view of changing skill requirements; considers the effects on employment and wages; comments on the role of labour legislation, trade unions and collective bargaining in dealing with layoffs, redundancy and plant shutdown. References, statistical tables.

Do Real Wages Respond Asymmetrically To Unemployment Shocks Evidence From The U S And Canada

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Author : Selahattin Dibooglu
language : en
Publisher:
Release Date : 2001

Do Real Wages Respond Asymmetrically To Unemployment Shocks Evidence From The U S And Canada written by Selahattin Dibooglu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.

Using a set of cointegration and error correction models with asymmetric adjustment, this paper investigates aggregate labor market adjustment in the U.S. and Canada in the post-1973 period. Empirical results show real wages, productivity, and unemployment are cointegrated. Adjustment towards the long-run equilibrium seems to be linear for the U.S. and non-linear for Canada. The dynamic adjustment of real wages to unemployment and productivity shocks show markedly different responses to positive shocks than negative shocks in Canada. However adjustment in the U.S. is mostly symmetric. This difference between the U.S. and Canadian real wage responses may provide an answer to the recent divergence of unemployment rates between the U.S. and Canada.

Patterns In Regional Labor Market Adjustment

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Author : Edward Montgomery
language : en
Publisher:
Release Date : 1993

Patterns In Regional Labor Market Adjustment written by Edward Montgomery and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Labor market categories.