Zihao Sheng is interested in how live-in immigrant caregivers can help improve the productivity of Canadian women, and benefit both the immigrant families and the Canadian economy.
“Immigrants can benefit native-born workers and contribute to the Canadian economy through an unconventional channel.”
@Zihao_Sheng
As the COVID-19 pandemic struck in March 2020, Canada plunged into a deep economic recession. The employment rate decreased from around 61% to just over 52% within the first two months, and unemployment peaked at about 14% in April 2020. Remarkably, by the fall of 2021, Canada’s labor market had returned to pre-COVID levels. However, […]
In early October 2023, the prestigious Nobel Prize in Economic Sciences was awarded to Claudia Goldin, a distinguished professor from Harvard University. She marked history as the third female laureate for the economics prize and the first woman to win an unshared economics prize. As an economic researcher in a closely allied field, I fully […]
Earlier this month, while analyzing Canada’s macroeconomic data, I observed a significant trend: the monetary aggregate M1+, which measures the money stock in circulation, had surged by more than 33% since the onset of the COVID-19 pandemic. M1+ comprises all currency outside of banks plus balances held in chequing accounts, and it is usually used […]
In our previous blog back in May, we took a dive into the relationship between inflation and interest rates, recognizing how these factors impact our everyday lives. However, there’s more to the economic puzzle than just those two pieces. Picture this: you’re planning your winter escape to the sun-soaked beaches of Miami. As you plan, […]
Just in the past few months, three small- to mid-size U.S. banks failed after a bank run was triggered, raising concerns about the possibility of a recession. With rising interest rate, high inflation, and bank failures, should we worry about another potential financial crisis? Although it is difficult to forecast the future business cycle, in […]
In recent times, you may have come across news about rising inflation rates in Canada. In June 2022, Canada experienced a significant increase in its inflation rate, reaching a peak of 8.1%. Simultaneously, the interest rate was increasing rapidly and soared to a record high of 4.5% in January. However, have you ever wondered why […]
In my previous blog, we discussed the ongoing debate surrounding community water fluoridation. If you are interested in this topic, I recommend reading an article on Nature that discusses the difficulty researchers from various fields face in finding common ground. My PhD study is concerned with how economics can add to our understanding of many […]
Do you know if your tap water is fluoridated? Since Brantford, Ontario began fluoridating their water supply in 1945, community water fluoridation has been a widely used and successful public health measure in Canada for over 70 years. In fact, the U.S. Centre for Disease Control considers it one of the ten greatest public health […]
In 2016, the British Medical Journal published a study by Martin Makary and Michael Daniel from John Hopkins, which claims that medical errors may be responsible for more than 250,000 deaths per year in the United States. They suggest that medical error is the third leading cause of death in the US. Although criticized for […]
