Does unemployment invariance hypothesis hold for Canada?

Arbeitspapier

This article explores the long-run relationship between unemployment rate and labor force participation rate in Canada. The cointegration analysis vindicates the existence of a long-run relationship between these two variables. This finding leads us to doubt the pertinence of the unemployment invariance hypothesis for Canada. This is consistent with the empirical studies for Japan, Sweden and the United States, but contradicts the empirical studies for Australia, Romania and Turkey. There are contradictory studies for the United Kingdom.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Discussion Paper ; No. 2016/3

Classification and Topics

• Classification: Wirtschaft ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; Unemployment: Models, Duration, Incidence, and Job Search ; Labor Force and Employment, Size, and Structure
• Subject: Unemployment Invariance Hypothesis ; Unemployment ; Labor Force Participation ; Cointegration ; Canada

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Tansel, Aysit ; Ozdemir, Zeynel Abidin ; Aksoy, Emre
• Event: Veröffentlichung
• (who): Turkish Economic Association
• (where): Ankara
• (when): 2016

Further information

• Handle: http://hdl.handle.net/10419/180944
• Last update: 10.03.2025, 11:42 AM CET