Receipt of unemployment insurance by immigrant men and social assistance by immigrant families are analysed using thirteen surveys from Canada. Estimates from a cohort fixed effects model are found to be sensitive to the choice of survey years. This is due to the mis-specification of the fixed...

We present theoretical and empirical results on consumption during an unemployment spell.

As debt work-outs facilitate recovery from Asia'a recession, GDP there can be expected to rise and manufactured exports to expand. Asian imports and investment will remain low, however, as crisis-enhanced foreign debt is serviced and domestic savings continue to be sent abroad. Superficially,...