We construct a simple general equilibrium model of unemployment and calibrate it to the Canadian economy. Job creation …-run increase in the Canadian unemployment rate: a more generous unemployment insurance system, higher layoff costs, higher … on the unemployment rate is small …

unskilled unemployment via consumer demand: longer work hours and higher labor force participation imply higher incomes and less … consumer demand toward unskill-intensive goods. Relative demand for unskilled labor rises and unemployment falls. Finally, we …

in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance … unemployment, low geographical mobility and high unemployment insurance, and one American steadystate featuring low unemployment …, high mobility and low unemployment insurance. …

The path breaking work of Card and Krueger (1993), showing higher minimum wage can increase employment turned the age … and we show that higher minimum wage can raise aggregate employment. Expansion in the non-traded sector following a wage …

Survey (LFS) to construct worker transition rates across employment, unemployment, and inactivity. Our approach involves … splitting of unemployment outflows between employment and inactivity. In turn, the estimated job search factor can be used in a … transition rates: (a) from employment to unemployment have fallen over time (b) from unemployment to employment were unusually …

This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada … leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical …

We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S. Using two … marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are … complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the …

We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S.. Using two … marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are … complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the …