Long Time Out: Unemployment and Joblessness in Canada and the United States

• 成果类型: Article
• 署名作者: Kroft, Kory; Lange, Fabian; Notowidigdo, Matthew J.; Tudball, Matthew
• 署名单位: University of Toronto; National Bureau of Economic Research; McGill University; Northwestern University
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/703258
• 发表日期: 2019
• 页码: S355-S397
• 关键词: vacancies; benefits

摘要

We compare patterns of unemployment between Canada and the United States during the Great Recession. We document a rise in long-term unemployment in Canada, similar to findings in earlier work. We consider an extended matching model using restricted-access data from the Canadian Labour Force Survey, which contains information on time since last job for both unemployed and nonparticipants. We create a new historical vacancy series for Canada based on relative employment in recruiting industries to construct a monthly Beveridge curve for Canada. Allowing for duration dependence in flows between unemployment and nonparticipation is crucial for explaining long-term joblessness.