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dc.contributor.authorCao, Shutaoen_US
dc.contributor.authorLeung, Dannyen_US
dc.date.accessioned2010-11-05en_US
dc.date.accessioned2011-12-15T12:56:49Z-
dc.date.available2011-12-15T12:56:49Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/53852-
dc.description.abstractIn Canada, temporary workers account for 14 per cent of jobs in the non-farm business sector, are present in a range of industries, and account for 40 per cent of the total job reallocation. Yet most models of job reallocation abstract from temporary workers. This paper evaluates the importance of temporary workers in job reallocation in a multi-sector model with costly labour adjustment and temporary workers. The calibrated model captures some features of job reallocation in Canada. The paper shows that the adjustment cost parameters for permanent workers are underestimated if temporary workers are ignored. It also shows that when a shock occurs where permanent workers bear the brunt of reallocation (e.g. the 2005-2008 commodity price boom and the appreciation of the Canadian dollar), aggregate adjustment costs are underestimated if temporary workers are not accounted for.en_US
dc.language.isoengen_US
dc.publisherBank of Canada Ottawaen_US
dc.relation.ispartofseriesBank of Canada Working Paper 2010,27en_US
dc.subject.jelD24en_US
dc.subject.jelJ32en_US
dc.subject.ddc330en_US
dc.subject.keywordLabour marketsen_US
dc.subject.keywordProductivityen_US
dc.subject.stwArbeitsmarkten_US
dc.subject.stwLeiharbeiten_US
dc.subject.stwProduktivitäten_US
dc.subject.stwKanadaen_US
dc.titleStability versus flexibility: The role of temporary employment in labour adjustmenten_US
dc.typeWorking Paperen_US
dc.identifier.ppn638552087en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Bank of Canada Working Papers

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