This paper considers a real business cycle model with labor search frictions where two types of incentive pay are explicitly introduced following the insights from the mi[...]

This paper examines the role of the extensive and intensive margins of labour input in the context of a business cycle model with a financial friction. We document signif[...]

This paper studies the choice between general and specific human capital. A trade-off arises because general human capital, while less productive, can easily be reallocat[...]

To properly account for the dynamics of key macroeconomic variables, researchers incorporate various internal-propagation mechanisms in their models. In general, these me[...]

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[...]

This paper examines whether restructuring in the public sector contributed to the slower cyclical recovery in Canada than in the United States during the 1990s. Changes i[...]

The authors construct a simple general equilibrium model of unemployment and calibrate it to the Canadian economy. Job creation and destruction are endogenous. In this mo[...]

A small-open-economy model is developed to examine how the method of food aid disbursement affects labor employment, food security and aggregate welfare, in recipient cou[...]