Long time out: Unemployment and joblessness in Canada and the United States
Authors: Kory Kroft, Fabian Lange, Matthew J. Notowidigdo, and Matthew Tudball
Overview
Abstract (English)
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.
Abstract (French)
Please note that abstracts only appear in the language of the publication and might not have a translation.
Details
Type | Journal article |
---|---|
Author | Kory Kroft, Fabian Lange, Matthew J. Notowidigdo, and Matthew Tudball |
Publication Year | 2019 |
Title | Long time out: Unemployment and joblessness in Canada and the United States |
Volume | 37 |
Journal Name | Journal of Labor Economics |
Number | S2 |
Pages | S355-S397 |
Publication Language | English |
- Kory Kroft
- Kory Kroft, Fabian Lange, Matthew J. Notowidigdo, and Matthew Tudball
- Long time out: Unemployment and joblessness in Canada and the United States
- Journal of Labor Economics
- 37
- 2019
- S2
- S355-S397