Canadian Firm and Job Dynamics

Ravi Balakrishnan

No 2008/031, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: WP; firm; Canada; job reallocation (search for similar items in EconPapers)
Pages: 25
Date: 2008-02-01
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Citations: View citations in EconPapers (5)

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