Canadian Firm and Job Dynamics /

To understand better Canada's smooth reallocation of labor in response to the recent commodity price boom, but seemingly poor productivity performance, this paper examines job and firm dynamics in Canada relative to the United States. Overall, it finds that while Canada's labor market effi...

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Detalles Bibliográficos
Autor Principal: Balakrishnan, Ravi
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/031
Acceso en liña:Full text available on IMF
Descripción
Summary:To understand better Canada's smooth reallocation of labor in response to the recent commodity price boom, but seemingly poor productivity performance, this paper examines job and firm dynamics in Canada relative to the United States. Overall, it finds that while Canada's labor market efficiency seems comparable to that of the United States, product market rigidities appear to be reducing Canada's capacity for creative destruction, hence undermining productivity growth.
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Descrición Física:1 online resource (25 pages)
Formato:Mode of access: Internet
ISSN:1018-5941
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