Long Time Out: Unemployment and Joblessness in Canada and the United States
比较加拿大和美国在大衰退期间的失业模式，发现加拿大长期失业增加，通过扩展匹配模型和构建贝弗里奇曲线，强调失业与非参与之间流动的持续时间依赖性是解释长期无业的关键。
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.