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The pressures for the harmonization of labor laws and policies under trade liberalization are outlined, with particular attention to inter-jurisdictional competition for investment and jobs. This is followed by an analysis of the linkages that are necessary for there to be downward harmonization, with some discussion of the empirical evidence (and lack of evidence) on those linkages. Opposing pressures towards divergence and away from convergence and harmonization are also discussed. The paper concludes with some observations on the advantages and disadvantages of harmonization and the appropriate policy responses.
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The article reviews the book, "Comparable Worth: Analyses And Evidence," by Mark R. Killingsworth and M. Anne Hill.
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This article reviews two books, "Unemployment and Labour Force Behaviour of Young People: Evidence from Canada and Ontario," by F.T. Denton, A.L. Robb & B.G. Spencer, and "Getting Started: The Youth Labor Market," by P. Osterman.
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The purpose of this paper is to analyse the time pattern of male-female wage différentials with a view towards determining whether or not equal pay legislation has narrowed the male-female wage gap.
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This article reviews the book, "The Unemployment of Youth: The Importance of Education for their Adjustment in the Canadian Labour Market," by Joya Sen.
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In this paper the author examines whether male-female wage differentials have narrowed over time, whether such differentials narrow or widen at the peak of a business cycle, and whether the stricter enforcement of equal pay legislation in recent years has influenced these differentials.
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Concepts of Public Expenditure Economies are applied to the operation of labour markets in general and training programs in particular to see if the free market provides a socially optimal amount of training. The case for government-supported training is discussed when there exist market imperfections and equity considerations, as well as market failure due to externalitiesyhigh risk and uncertainty, and merit goods.
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This article reviews the book, "Freedom, Democracy and Economic Welfare," by Michael A. Walker.
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A study examines the effect of layoff announcements on the market's valuation of firms. The event study methodology is applied to a sample of 214 announcements of layoffs made by major Canadian firms that traded on the Toronto Stock Exchange over the period 1982-1989. The main results are: 1. The market responds to the news of layoffs in a negative fashion, lowering the value of firms that announce layoffs. 2. Almost all of the negative response occurs on the day of the announcement, suggesting that the market is not able to fully anticipate the new information, but that it responds to it very quickly.
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A relatively new and potentially important administrative forum for interpreting the concept of reasonable accommodation has been created by the Ontario Workers' Compensation Act as amended in 1989. The revised act contained provisions requiring employers to reemploy, and where necessary make reasonable accommodations for, workers following an injury. Though representing an important reformation for the workers' compensation system, accommodation requirements are present in other labor market policy initiatives. The accommodation requirements in other legislation and jurisprudence in Canada are discussed, the recent reforms to the Ontario Workers' Compensation Act are described in which accommodation represents an integral component, and the new and emerging jurisprudence under the revised act are outlined.
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- Journal Article (10)