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What is the socially optimal level of liquidity in a retirement savings system? Liquid retirement savings are desirable because liquidity enables agents to flexibly respond to pre-retirement events that raise the marginal utility of consumption. On the other hand, pre-retirement liquidity is...
Persistent link: https://www.econbiz.de/10013022597
We show how to construct a ranking of U.S. undergraduate programs based on students' revealed preferences. We construct examples of national and regional rankings, using hand-collected data on 3,240 high- achieving students. Our statistical model extends models used for ranking players in...
Persistent link: https://www.econbiz.de/10013141242
We show how to construct a ranking of U.S. undergraduate programs based on students' revealed preferences. We construct examples of national and regional rankings, using hand-collected data on 3,240 high-achieving students. Our statistical model extends models used for ranking players in...
Persistent link: https://www.econbiz.de/10014069303
in Canada. We empirically assess these trends by measuring the strength of the ‘push' from weak labor markets versus the … the growth path observed in Canada …
Persistent link: https://www.econbiz.de/10012956375
We compare patterns of unemployment and joblessness between Canada and the U.S. during the Great Recession. Similar to … previous findings for the U.S. in Kroft et al. [2016], we document a rise in long-term unemployment in Canada. This increase is … the extended matching model, we create a new historical vacancy series for Canada based on relative employment in …
Persistent link: https://www.econbiz.de/10012908170
We examine local labor markets in the U.S. and Canada from 1990 to 2011 using comparable household and business data …. Wage levels and inequality rise with city population in both countries, albeit less in Canada. Neither country saw wage … similarly, although in Canada they attract immigrant and highly-skilled workers more, while raising housing costs less. Chinese …
Persistent link: https://www.econbiz.de/10012889486
gap has widened. We also find that unemployment in Canada was 2 to 3 percentage points higher in 1983 and 1984 than … predicted by Canadian output. We have investigated a variety of hypotheses to explain the slow growth of employment in Canada … unemployment in Canada is due to differences in the regulation of the labor market in the two countries. Minimum wage laws and …
Persistent link: https://www.econbiz.de/10013219732
This paper measures and compares the relative earnings of French and English speakers in Canada, and of Spanish and … English speakers in the U.S., in the 1970s and 1980s. In Canada, the earnings gap between French and English speakers narrowed … gap between French and English speakers in Canada could be accounted for by differences in annual hours worked, marital …
Persistent link: https://www.econbiz.de/10013220946
were generally higher in Canada; (2) interest income received on securities was generally slightly higher in Canada; (3 …) interest rates charged on loans were generally quite similar; (4) net rates of return to equity were generally higher in Canada …
Persistent link: https://www.econbiz.de/10013224945
States and Canada. First, the Canadian and United States industry-level job creation and destruction rates are remarkably … similar. Industries with high (low) job creation in the U.S. exhibit high (low) job creation in Canada. The same is true for …
Persistent link: https://www.econbiz.de/10013225575