Filter results by

Search Help
Currently selected filters that can be removed

Keyword(s)

Year of publication

2 facets displayed. 0 facets selected.

Author(s)

3 facets displayed. 1 facets selected.

Content

1 facets displayed. 0 facets selected.
Sort Help
entries

Results

All (3)

All (3) ((3 results))

  • Stats in brief: 45-28-0001202000100063
    Description:

    The COVID-19 pandemic has already resulted in a considerable slowdown in economic activity in Canada. Young people have been hit particularly hard. This article presents estimates of the cumulative earnings losses in the first five years after graduation that this year's graduating class could experience, depending on the depth of the economic downturn. Specifically, five scenarios for this year's youth unemployment rate are examined.

    Release date: 2020-07-28

  • Articles and reports: 11-626-X2020012
    Description:

    In this Economic Insights article, the potential earnings losses experienced by this year’s class of high school and postsecondary graduates as a result of COVID-19 are simulated. These graduates may face very challenging conditions as they enter the labour market, which could have long-term ramifications for their earnings prospects. Consequently, earnings losses are simulated up to five years after graduation, based on various scenarios of this year’s youth unemployment rate.

    Release date: 2020-07-28

  • Articles and reports: 11F0019M2017391
    Description:

    This paper assesses the extent to which education affects how Canadians save and accumulate wealth for retirement. The paper makes three contributions. First, a descriptive analysis is presented of differences in savings and home values across individuals based on their levels of educational attainment. To this end, new datasets that link survey respondents from the 1991 and 2006 censuses of Canada to their administrative tax records are used. These data provide a unique opportunity to jointly observe education, savings, home values, and a plethora of other factors of relevance. Second, the causal effect of high school completion on savings rates in tax-preferred accounts is estimated, exploiting compulsory schooling reforms in the identification. Third, building on a recent study by Messacar (2015), education is also found to affect how individuals re-optimize their savings rates in response to an automatic change in pension wealth accumulation. The implications of this study’s findings for the “nudge paradigm” in behavioural economics are discussed.

    Release date: 2017-03-27
Stats in brief (1)

Stats in brief (1) ((1 result))

  • Stats in brief: 45-28-0001202000100063
    Description:

    The COVID-19 pandemic has already resulted in a considerable slowdown in economic activity in Canada. Young people have been hit particularly hard. This article presents estimates of the cumulative earnings losses in the first five years after graduation that this year's graduating class could experience, depending on the depth of the economic downturn. Specifically, five scenarios for this year's youth unemployment rate are examined.

    Release date: 2020-07-28
Articles and reports (2)

Articles and reports (2) ((2 results))

  • Articles and reports: 11-626-X2020012
    Description:

    In this Economic Insights article, the potential earnings losses experienced by this year’s class of high school and postsecondary graduates as a result of COVID-19 are simulated. These graduates may face very challenging conditions as they enter the labour market, which could have long-term ramifications for their earnings prospects. Consequently, earnings losses are simulated up to five years after graduation, based on various scenarios of this year’s youth unemployment rate.

    Release date: 2020-07-28

  • Articles and reports: 11F0019M2017391
    Description:

    This paper assesses the extent to which education affects how Canadians save and accumulate wealth for retirement. The paper makes three contributions. First, a descriptive analysis is presented of differences in savings and home values across individuals based on their levels of educational attainment. To this end, new datasets that link survey respondents from the 1991 and 2006 censuses of Canada to their administrative tax records are used. These data provide a unique opportunity to jointly observe education, savings, home values, and a plethora of other factors of relevance. Second, the causal effect of high school completion on savings rates in tax-preferred accounts is estimated, exploiting compulsory schooling reforms in the identification. Third, building on a recent study by Messacar (2015), education is also found to affect how individuals re-optimize their savings rates in response to an automatic change in pension wealth accumulation. The implications of this study’s findings for the “nudge paradigm” in behavioural economics are discussed.

    Release date: 2017-03-27
Journals and periodicals (0)

Journals and periodicals (0) (0 results)

No content available at this time.

Date modified: