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  • 1. Alternative Measures of the Average Duration of Unemployment Archived
    Surveys and statistical programs – Documentation: 11F0019M1995083
    Geography: Canada
    Description:

    This paper examines the robustness of a measure of the average complete duration of unemployment in Canada to a host of assumptions used in its derivation. In contrast to the average incomplete duration of unemployment, which is a lagging cyclical indicator, this statistic is a coincident indicator of the business cycle. The impact of using a steady state as opposed to a non steady state assumption, as well as the impact of various corrections for response bias are explored. It is concluded that a non steady state estimator would be a valuable compliment to the statistics on unemployment duration that are currently released by many statistical agencies, and particularly Statistics Canada.

    Release date: 1995-12-30
  • 2. The Duration of Unemployment: A User Guide Archived
    Articles and reports: 11F0019M1995084
    Geography: Canada
    Description:

    The objective of this paper is to introduce in a new measure of the average duration of unemployment spells using Canadian data. The paper summarizes the work of Corak (1993) and Corak and Heisz (1994) on the average complete duration of unemployment in a non-technical way by focusing on the distinction between it and the average incomplete duration of unemployment, which is regularly released by Statistics Canada. It is pointed out that the latter is a lagging cyclical indicator. The average complete duration of unemployment is a more accurate indicator of prevailing labour market conditions, but some assumptions required in its derivation also imply that it lags actual developments.

    Release date: 1995-12-30
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  • 1. The Duration of Unemployment: A User Guide Archived
    Articles and reports: 11F0019M1995084
    Geography: Canada
    Description:

    The objective of this paper is to introduce in a new measure of the average duration of unemployment spells using Canadian data. The paper summarizes the work of Corak (1993) and Corak and Heisz (1994) on the average complete duration of unemployment in a non-technical way by focusing on the distinction between it and the average incomplete duration of unemployment, which is regularly released by Statistics Canada. It is pointed out that the latter is a lagging cyclical indicator. The average complete duration of unemployment is a more accurate indicator of prevailing labour market conditions, but some assumptions required in its derivation also imply that it lags actual developments.

    Release date: 1995-12-30
Reference (1)

Reference (1) ((1 result))

  • 1. Alternative Measures of the Average Duration of Unemployment Archived
    Surveys and statistical programs – Documentation: 11F0019M1995083
    Geography: Canada
    Description:

    This paper examines the robustness of a measure of the average complete duration of unemployment in Canada to a host of assumptions used in its derivation. In contrast to the average incomplete duration of unemployment, which is a lagging cyclical indicator, this statistic is a coincident indicator of the business cycle. The impact of using a steady state as opposed to a non steady state assumption, as well as the impact of various corrections for response bias are explored. It is concluded that a non steady state estimator would be a valuable compliment to the statistics on unemployment duration that are currently released by many statistical agencies, and particularly Statistics Canada.

    Release date: 1995-12-30
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