Canadian Firm and Job Dynamics

February 1, 2008

Preview Citation

Format: Chicago

Ravi Balakrishnan. Canadian Firm and Job Dynamics, (USA: International Monetary Fund, 2008) accessed December 27, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

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.

Subject: Employment, Job creation, Job destruction, Labor, Labor markets

Keywords: Canada, Firm, Job reallocation, WP

Publication Details

Pages:

25
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2008/031
Stock No:

WPIEA2008031
ISBN:

9781451868937
ISSN:

1018-5941

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