00000nam 2200000zi 4500 9.867852 CaOODSP 20250821075113 m o d f cr ||||||||||| 190131s20192019onc #o f|0| 0 eng d CaOODSP eng rda CaOODSP eng fre n-cn--- FB3-7/2019-3E-PDF Cormier, Anne-Katherine, author. Drivers of weak wage growth in advanced economies / by Anne-Katherine Cormier, Michael Francis, Kristina Hess and Guillaume Poulin-Bellisle. [Ottawa, Ontario] : Bank of Canada, 2019. ©2019 1 online resource (iii, 18 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff analytical note = Note analytique du personnel, 2369-9639 ; 2019-3 Title from cover. Includes bibliographic references. "Since the global financial crisis, advanced-economy wage growth has been generally low relative to past recoveries, especially after accounting for the evolution of labour market conditions over this period. This paper investigates a variety of potential explanations for this weakness, drawing on findings from the literature as well as analysis of recent labour market data in advanced economies. Overall, we find that much of the unexplained weakness is likely explained by alternative measures of labour market slack—particularly the rise of involuntary part-time work. In addition, changing inflation dynamics and a number of structural factors may also be contributing to the weakness"--Abstract, p. ii. Includes abstract in French. gccst Salaries gccst Labour market gccst Economic development Francis, Michael, 1968- author. Hess, Kristina, author. Poulin-Bellisle, Guillaume, author. Bank of Canada. Staff analytical note (Bank of Canada) 2369-9639 ; 2019-3. (CaOODSP)9.807323 PDF 832 KB https://publications.gc.ca/collections/collection_2019/banque-bank-canada/FB3-7-2019-3-eng.pdf