| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25236 |
| 来源ID | Working Paper 25236 |
| Long Time Out: Unemployment and Joblessness in Canada and the United States | |
| Kory Kroft; Fabian Lange; Matthew J. Notowidigdo; Matthew Tudball | |
| 发表日期 | 2018-11-12 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | We compare patterns of unemployment and joblessness between Canada and the U.S. during the Great Recession. Similar to previous findings for the U.S. in Kroft et al. [2016], we document a rise in long-term unemployment in Canada. This increase is not accounted for by changes in the observable composition of the unemployed. We then extend the matching model in Kroft et al. [2016] to exploit the restricted-access panel data from the Canadian Labor Force Survey which contains information on the time since the last job (“joblessness duration”) for both unemployed individuals and non-participants. This allows us to model duration dependence in all labor force flows involving either unemployment or non-participation. To calibrate the extended matching model, we create a new historical vacancy series for Canada based on relative employment in “recruiting industries”, allowing us to construct a monthly Beveridge curve for Canada. We find that the calibrated model matches the time series of unemployment fairly well, but does less well matching non-participation. Our results also indicate that allowing for duration dependence in flows between unemployment and non-participation is crucial for explaining overall levels in long-term joblessness, and that changes in the duration distribution among the unemployed and non-participants contributed less to the deterioration of labor market conditions in Canada, relative to the U.S. In part, this difference comes from the fact that the U.S. recession was much more severe. |
| 主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Unemployment and Immigration |
| URL | https://www.nber.org/papers/w25236 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582910 |
| 推荐引用方式 GB/T 7714 | Kory Kroft,Fabian Lange,Matthew J. Notowidigdo,et al. Long Time Out: Unemployment and Joblessness in Canada and the United States. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25236.pdf（1020KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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