Cover IMF Working Papers
Shocking Aspects of Canadian Labor Markets
Author: Mr. Bennett W Sutton, Mr. Tamim Bayoumi, and Mr. Andrew J Swiston
Series:
IMF Working Papers
Volume/Issue:
Volume 2006: Issue 083
Language:
English
Publication Date:
01 Mar 2006
DOI:
https://doi.org/10.5089/9781451863437.001
ISBN:
9781451863437
ISSN:
1018-5941
Pages:
30
Keywords:
WP; exchange rate; employment ratio
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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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.
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund