Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/53971
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dc.contributor.authorCao, Shutaoen_US
dc.contributor.authorLeung, Dannyen_US
dc.date.accessioned2011-12-15T12:58:57Z-
dc.date.available2011-12-15T12:58:57Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/53971-
dc.description.abstractThis paper documents the rate at which labour flows between industries and between firms within industries using the most recent data available. It examines the determinants of these flows and their relationship with the productivity growth. It is found that the dispersion of industry employment growth rates has been elevated since 2005, and that this increase is not likely to be related to the business cycle. It is also found that changes in real exchange rates and commodity prices can account for a significant part of the employment dispersion across industries, especially since 2005. However, shifts of employment labour between industries have generally not contributed positively to aggregate labour productivity growth. With respect to movements of labour between firms within industries, it is found that the job reallocation rates have fallen steadily over the past decade and a half. Finally, unlike labour flows between industries, excess job reallocation rates within industries are found to be strongly related to multifactor productivity and labour productivity growth at the industry level.en_US
dc.language.isoengen_US
dc.publisher|aBank of Canada |cOttawaen_US
dc.relation.ispartofseries|aBank of Canada Working Paper |x2010,2en_US
dc.subject.jelD23en_US
dc.subject.jelJ6en_US
dc.subject.jelE32en_US
dc.subject.ddc330en_US
dc.subject.keywordProductivityen_US
dc.subject.keywordInflation and pricesen_US
dc.subject.keywordLabour marketsen_US
dc.subject.stwArbeitsmobilitäten_US
dc.subject.stwKonjunkturen_US
dc.subject.stwUnternehmensentwicklungen_US
dc.subject.stwInflationsrateen_US
dc.subject.stwWechselkursen_US
dc.subject.stwProduktivitäten_US
dc.subject.stwKanadaen_US
dc.titleLabour reallocation, relative prices and productivityen_US
dc.typeWorking Paperen_US
dc.identifier.ppn618957499en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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