Shocking Aspects of Canadian Labor Markets

 
Author/Editor: Bayoumi, Tamim ; Sutton, Bennett ; Swiston, Andrew
 
Publication Date: March 01, 2006
 
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
 
Summary: 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.
 
Series: Working Paper No. 06/83
Subject(s): Canada | Labor markets | Labor mobility | Wages

Author's Keyword(s): Labor market | migration | economic flexibility
 
English
Publication Date: March 01, 2006
ISBN/ISSN: 0 / 1934-7073 Format: Paper
Stock No: WPIEA2006083 Pages: 30
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