A Comparative Analysis of Unemployment in Canada and the United States PDF Download

Author: David Edward Card
Publisher: Department of Economics, University of British Columbia
ISBN:
Category : Unemployment
Languages : en
Pages : 70

View

Book Description

Author: United States. Bureau of Labor Statistics
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 24

View

Book Description

Author: Herbert G. Grubel
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 88

View

Book Description

Author: David Card
Publisher: University of Chicago Press
ISBN: 0226092895
Category : Business & Economics
Languages : en
Pages : 288

View

Book Description
This volume, the first in a new series by the National Bureau of Economic Research that compares labor markets in different countries, examines social and labor market policies in Canada and the United States during the 1980s. It shows that subtle differences in unemployment compensation, unionization, immigration policies, and income maintenance programs have significantly affected economic outcomes in the two countries. For example: -Canada's social safety net, more generous than the American one, produced markedly lower poverty rates in the 1980s. -Canada saw a smaller increase in earnings inequality than the United States did, in part because of the strength of Canadian unions, which have twice the participation that U.S. unions do. -Canada's unemployment figures were much higher than those in the United States, not because the Canadian economy failed to create jobs but because a higher percentage of nonworking time was reported as unemployment. These disparities have become noteworthy as policy makers cite the experiences of the other country to support or oppose particular initiatives.

Author: David Card
Publisher:
ISBN:
Category : Unemployment
Languages : en
Pages : 48

View

Book Description

Author: Kory Kroft
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

View

Book Description
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.

Author: Russell Sage Foundation. Library
Publisher:
ISBN:
Category : Charities
Languages : en
Pages : 16

View

Book Description

Author: Mr.Eswar Prasad
Publisher: International Monetary Fund
ISBN: 1451841728
Category : Business & Economics
Languages : en
Pages : 25

View

Book Description
This paper provides a quantitative assessment of the relative importance of different labor market adjustment mechanisms in Canada and the United States and also examines the effects of the unemployment insurance (UI) system on labor market adjustment. At the aggregate level, employment growth shocks result in similar unemployment rate responses but smaller wage responses in Canada relative to the United States. Although overall UI generosity has increased aggregate unemployment persistence in Canada, the endogenous component of UI has affected unemployment persistence only marginally. The lower degree of aggregate real wage flexibility in Canada has not been an important determinant of unemployment persistence.

Author: Amela Karabegović
Publisher: The Fraser Institute
ISBN:
Category : Canada
Languages : en
Pages : 96

View

Book Description

Author: Martin Schnitzer
Publisher: New York : Praeger Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 280

View

Book Description