The recent financial crisis and subsequent recession have spurred great interest in the sources of unemployment … across sectorspecific labour markets in the economy. In Canada, such differences are substantial. From 1991 to 2010 … the model using Canadian data from 1991 to 2010. I find that, in the long run, unemployment fluctuations are mainly driven …

unemployment rate to movements in output growth increasing recently over time in both Canada and the United States. -- Business …This article investigates the stability of Okun's law for Canada and the United States using a time varying parameter …

In this paper, we assess several methods that have been used to measure the Canadian trend unemployment rate (TUR). We … extent to which methods provide explanations for changes in trend unemployment; (ii) whether revisions to unemployment gap … (UGAP, the difference between the actual unemployment rate and TUR) estimates are well behaved; (iii) if UGAPs provide …

unemployment can be positive or negative depending on the primitives of the model. The key features are indivisible labor … have nonseparable preferences. In addition, the relationship between inflation and unemployment is robust to allowing free …

What are the effects of financial market imperfections on unemployment and vacancies? Since standard DSGE models do not … typically model unemployment, they abstract from this issue. In this paper I augment a standard monetary DSGE model with … volatile unemployment and vacancies, and a relatively rigid real wage. Further, I find that the financial accelerator mechanism …

generate the trends in unemployment flows. …

We study optimal unemployment insurance (UI) policy over the business cycle, using a heterogeneous agent job …