Standard models suggest that adverse labor demand shocks will lead to bigger employment losses if institutional factors like minimum wages and trade unions prevent downward wage adjustments. Some economists have argued that this insight explains the contrast between the United States, where real...

Standard models suggest that adverse labor demand shocks will lead to bigger employment losses if institutional factors like minimum wages and trade unions prevent downward wage adjustments. Some economists have argued that this insight explains the contrast between the United States, where real...

We use Statistics Canada's Labour Force Survey to explore the labor market impacts of the novel coronavirus (COVID-19). Specifically, we adopt a unique identification strategy to examine the heterogeneous causal effects of the COVID-19 economic shutdown by governments on hours worked across the...