Long time out: Unemployment and joblessness in Canada and the United States

Kory Kroft*, Fabian Lange, Matthew J. Notowidigdo, Matthew Tudball

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

5 Scopus citations

Abstract

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.

Original languageEnglish (US)
Pages (from-to)S355-S397
JournalJournal of Labor Economics
Volume37
Issue numberS2
DOIs
StatePublished - Jul 1 2019

ASJC Scopus subject areas

  • Industrial relations
  • Economics and Econometrics

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