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We use a novel approach to identify economic developments that drive exchange rates in the long run. Using a panel of six quarterly U.S. bilateral real exchange rates – A[...]
2010 | Text | Staff Working Paper - Document de travail du personnel |
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This paper analyzes the differences in wage ratios of university graduates to less than university graduates, the education premium, in Canada and the United States from [...]
2009 | Text | Staff Working Paper - Document de travail du personnel |
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Why do employed persons in large firms earn more than employed persons in small firms, even after controlling for observable characteristics? Complementary to previous re[...]
2008 | Text | Staff Working Paper - Document de travail du personnel |
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This paper asks: What is the effect of government policy on output and inequality in an environment with education and labor-supply decisions? The answer is given in a ge[...]
2007 | Text | Staff Working Paper - Document de travail du personnel |
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In a search model of production, where agents accumulate heterogeneous amounts of human capital, an individual worker's wage depends on average human capital in the searc[...]
2005 | Text | Staff Working Paper - Document de travail du personnel |
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To properly account for the dynamics of key macroeconomic variables, researchers incorporate various internal-propagation mechanisms in their models. In general, these me[...]
2005 | Text | Staff Working Paper - Document de travail du personnel |
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L'objet de ce survol est de mettre en évidence les implications des rigidités des salaires (et des revenus d'emploi) liées au partage du risque, pour la reproduction de c[...]
2003 | Texte | Document de travail du personnel - Staff Working Paper |
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It has been well documented that the education premium measured by the wage difference between university and high school graduates has remained constant over the past tw[...]
2003 | Text | Staff Working Paper - Document de travail du personnel |
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The existing macroeconometric evidence lends support to the wage Phillips curve by showing a negative relation between the rate of change in wages and the unemployment ra[...]
2002 | Text | Staff Working Paper - Document de travail du personnel |
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10.
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In this paper, we use firm-level wage and employment data to address whether there is evidence of downward nominal-wage rigidity, and whether that rigidity is associated [...]
2000 | Text | Staff Working Paper - Document de travail du personnel |
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