This is Stephen Gordon's Typepad Profile.
Join Typepad and start following Stephen Gordon's activity
Join Now!
Already a member? Sign In
Stephen Gordon
Recent Activity
That's quite enough attitude, thank you.
1 reply
We also saw the same thing in Canadian economics departments. Probably other disciplines as well. There were just enough actual cases of people accepting a US job that the threat to leave was usually taken seriously.
1 reply
The entire analysis in the paper is at the margin. People may decide that those costs are enough to accept a certain gap between Canadian and US salaries, but there will be some behavioural response if the gap widens. If nothing else, salaries would have to increase to attract people who are just starting out and who haven't yet made those sunk costs.
1 reply
Hugo André: The story is really only one for Canada, and maybe some other English-speaking countries, where the threat to emigrate to the US is most credible.
1 reply
Vladimir: Yes, I think I used that example in an earlier post. I think I'll add that and the FT story of the bankers' bonus tax to the introduction as anecdotes to illustrate the point. Avon Barksdale: The bargaining power is based on a 'wage arbitrage' story, not monopoly power.
1 reply
Frances - Yes, that is an issue. I think the way to address it is for the organizers to fin one or two heavy hitters who are willing to be a good sport and do a poster. In my case, I was able to get Don Andrews to do a poster, and used that as leverage with people who thought they were being relegated to the second tier.
1 reply
Yes! Yes! A thousand times yes! I first saw posters at the Bayesian meetings, and I got so much out of them that I insisted on introducing them when I organised the CESGs all those years ago. Add beer and snacks, and it's the best session of any conference you can name.
1 reply
No, I can't break it down further than that. There are data by industry, but then you lose the public/private distinction. But there is a huge seasonal spike in public sector layoffs in July; those are presumably teachers. There's also a seasonal spike in public sector hires in May (summer jobs?) and again in September (probably teachers again).
1 reply
Nick: No, the current labour force status is reported as 'unemployed'. If they were retired, it would be 'not in labour force.' Frances: That's what I was thinking as well. A public sector worker is probably more likely to be in a position to accept a short transition in and out out unemployment during what is essentially a job-to-job transition.
1 reply
On entend moins sur la conjecture de Malthus ces jours-ci. Peut-être il va avoir raison cette fois?
1 reply
On que la Chine est le premier pays de devenir vieux avant de devenir riches
1 reply
Il est à noter que les pensions au Canada et au Québec ne sont pas financées par les recettes courantes. Le Régime des pensions du Canada (RPC) et la Régime des rentes du Québec (RRQ) sont financées à partir des cotisations des employés et des employeurs. Les deux systèmes ont des fonds de retrait qu'ils jugent suffisants pour absorber la vague des retraits.
1 reply
Oof. This hits home. I'm trying to do something similar (there's a post upcoming), and it's just as frustrating
1 reply
I prefer the word 'conjuncture' as well - it's the label for my file folder with all my current analysis stuff.
1 reply
Kevin - 380-0080 doesn't break down federal govt spending/revenues by province.
1 reply
The drop in GDI has been pretty large. For GDP, I'm also thinking of transition costs associated with a structural shift.
1 reply
How about as an oil price shock with the signs reversed because we're an oil exporter?
1 reply
I also think a negative productivity shock is how we should be looking at the most recent data. The drop in resource prices has sharply reduced our terms of trade, and that's best interpreted as a negative supply shock. Inflation has been creeping up over the past few months, too. Just what we'd expect from a negative supply shock.
1 reply
WCI gets results!
1 reply
In an email two years ago, they told me that not to worry; the GFS was going to be *even better.*
1 reply
Oh for Pete's sake. I can`t even get it to load properly.
1 reply
And the tax can be avoided outright if the revenues are retained in the small business and passed on to their children. Here are Kevin Milligan's notes on the 'estate freeze'
1 reply
On the other hand, demand for services should increase.
1 reply
Too costly to maintain, and not enough people using it?
1 reply
We don't have any trouble making that distinction. At least, I don't. It's either implicit or explicit throughout the post.
1 reply