We use detailed tariff data and a dynamic trade and reallocation model with downward nominal wage rigidities to quantitatively assess the economic consequences of the recent increase in U.S. import tariffs and the responses of its trading partners. Higher tariffs trigger an expansion in U.S....

Our difference-in-difference analysis indicates that Covid-19 had a disproportionately adverse effect on the employment of recent immigrants relative to the Canadian-born and this was especially the case in lower-level occupations and in industries hard hit by the pandemic. The effects of Covid...

Remote work arrangements are compelling examples of an organization's ability to utilize digital technology. This study analyzes data from a representative survey of Atlantic Canadian employers to evaluate three phenomena: how remote work evolved during the recent COVID-19 pandemic; the factors...

This paper presents a review of global evidence and World Bank operational experience and distills lessons to support the empowerment of youth. The review of global literature reveals three fundamental principles: (i) interventions that seek to promote jobs and economic empowerment of youth are...

We introduce a summary indicator based on the Canadian Survey of Consumer Expectations (CSCE). This indicator provides a summary measure of consumer opinions that we can track over time. We construct three underlying indexes-financial health, labour market and consumer spending-that capture...

This report provides a comprehensive review of the implementation of the iTEKAD initiative, a social finance initiative first introduced by Bank Negara Malaysia in 2020. The review examines the implementation practices of Participating Financial Institutions and their Implementation Partners,...

Remote work arrangements are compelling examples of an organization's ability to utilize digital technology. This study analyzes data from a representative survey of Atlantic Canadian employers to evaluate three phenomena: how remote work evolved during the recent COVID-19 pandemic; the factors...

As extreme weather risks escalate and related insured losses grow in magnitude, the availability and affordability of home insurance is coming under increasing pressure in certain regions. This is being amplified by various socioeconomic factors, including poor land use, outdated building codes,...

This paper introduces a novel approach to predicting future asset quality deterioration in euro area banks: "asset-quality-at-risk". Non-performing loans (NPLs) have been at the core of financial sector policy discussions since the Great Financial Crisis. In this study, we first investigate the...

Informing people about historical atrocities and injustice is considered critical for sustaining democracies and preventing similar atrocities in the future. Yet, what remains unknown is whether exposure to factual information about ingroups' historical injustices, such as genocide, slavery, or...

Since September 2017, the EU-Canada Comprehensive Economic and Trade Agreement (CETA) has been provisionally (and partially) applied. In line with established EU practice, the European Commission has requested an ex-post evaluation to be conducted at least five years after the provisional...

Since September 2017, the EU-Canada Comprehensive Economic and Trade Agreement (CETA) has been provisionally (and partially) applied. In line with established EU practice, the European Commission has requested an ex-post evaluation to be conducted at least five years after the provisional...

The Comprehensive Economic and Trade Agreement (CETA) is a free trade agreement (FTA) between Canada and the EU and its Member States. It aims to reduce trade barriers, enhance economic cooperation, and promote investment and sustainable development. On 21 September 2024, CETA marked the 7th...

The Comprehensive Economic and Trade Agreement (CETA) is a free trade agreement (FTA) between Canada and the EU and its Member States. It aims to reduce trade barriers, enhance economic cooperation, and promote investment and sustainable development. On 21 September 2024, CETA marked the 7th...

Since September 2017, the EU-Canada Comprehensive Economic and Trade Agreement (CETA) has been provisionally (and partially) applied. In line with established EU practice, the European Commission has requested an ex-post evaluation to be conducted at least five years after the provisional...