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The Canadian labour market experienced a period of unprecedented turmoil following the onset of the COVID-19 pandemic. We analyze the main changes using standard labour force statistics and new data on job postings. Envisaging a phase of temporary severing of employment relationships followed by...
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We examine the optimal labor market-policy mix over the business cycle. In a search and matching model with risk-averse workers, endogenous hiring and separation, and unobservable search effort we first show how to decentralize the constrained-efficient allocation. This can be achieved by a...
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Most minimum wage studies are identified on small, plentiful, and expected wage changes, spread out over time. A recent set of changes have instead been large, unexpected, and quick, following the "Fight for $ 15" movement. Alberta is the first state or province to have this $ 15 minimum wage,...
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