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The recent report of the Expert Panel on Older Workers provided an important focus on retirement income policy. We comment here on the Panel's recommendations that aim to support continued work by older Canadians. We find that the focus on removing barriers to continued work is well-motivated,...
Persistent link: https://www.econbiz.de/10008628310
This paper examines the incentives for retirement imposed by Canada's public pension system. A series of simulations clearly illustrate the various components of the pension system that create incentives and disincentives among older Canadians for continued work. We find the largest work...
Persistent link: https://www.econbiz.de/10005424616
In this article, I extend the analysis of head-count measures of income and consumption poverty to all currently available microdata. Along with standard measures, I implement a relative poverty indicator using the well-being of working age families as a benchmark. I find that poverty among...
Persistent link: https://www.econbiz.de/10005431956
Considerable concern has recently been expressed worldwide about growing income inequality. Much of the discussion, though, has been in general terms and focused on the US experience. To understand whether and how Canada ought to respond to this development, we need to be clear on the facts....
Persistent link: https://www.econbiz.de/10010833363
In this paper, we investigate the relationship between the substantial changes in tax and transfer programs and the movements in after-tax income inequality over the 1980s and 1990s. We show that in the 1980s, tax and transfer programs became more redistributive, offsetting substantial increases...
Persistent link: https://www.econbiz.de/10008628307
Persistent link: https://www.econbiz.de/10008641791
We develop a framework for the dynamic analysis of unemployment and use it to examine the difference in unemployment rates between Canada and the United States over the period 1980-1993. An examination of both the incidence and the duration of unemployment uncovers a series of stylized facts...
Persistent link: https://www.econbiz.de/10005431790
We construct a new time series on the Canadian female/male pay ratio. The new series is based on wage data rather than the earnings data that have been used in the past. Wages more closely correspond to the price of labour, while earnings combine information on the price of labour with...
Persistent link: https://www.econbiz.de/10008800865