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Title: Shocking Aspects of Canadian Labour Markets

Author(s): Tamim Bayoumi, Bennett Sutton and Andrew J. Swiston

Publication Date: September 2006

Keyword(s): economic flexibility, labour market and migration

Programme Area(s): International Macroeconomics

Abstract: We analyze the flexibility of the Canadian labour market across provinces in both an inter- and intra-national context using macroeconomic data on employment, unemployment, participation, and (for Canada) migration and real wages. We find that Canadian labour markets respond in a similar manner to their U.S. counterparts and are more flexible than those in major euro area countries. Within Canada, the results indicate that labour markets in Ontario and provinces further west are more flexible, particularly with regard to migration, while those further east are less so.

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Bibliographic Reference

Bayoumi, T, Sutton, B and Swiston, A. 2006. 'Shocking Aspects of Canadian Labour Markets'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=5847