Les marchés du travail régionaux : une comparaison entre le Canada et les États-Unis
The purpose of this study is to compare the behaviour of regional labour markets in Canada and the United States. The study shows that the degree of persistence of unemployment is significantly higher in the provinces of Canada than it is in the various American regions. Among other things, it shows that there has been almost no change over the last 30 years in the relative ranking of Canadian provinces with respect to unemployment in contrast to what has happened in the United States. The study also uses vector autoregressive analysis (VAR) to examine how different variables behave when there is a sudden drop in employment in the average province or region of each country. It shows that, when employment falls, relative rates of unemployment and labour market participation hardly move in the United States, while in Canada, relative unemployment in the province affected rises considerably. These very different results are explained in part by the greater degree of labour mobility in the United States, a factor that may also go at least part way in explaining the current gap between Canadian and American unemployment rates.
|Date of creation:||1997|
|Date of revision:|
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References listed on IDEAS
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- Eswar Prasad & Alun Thomas, 1998.
"Labour Market Adjustment in Canada and the United States,"
Canadian Public Policy,
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- Alun H. Thomas & Eswar Prasad, 1997. "Labor Market Adjustment in Canada and the United States," IMF Working Papers 97/2, International Monetary Fund.
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- Peter C.B. Phillips, 1995. "Impulse Response and Forecast Error Variance Asymptotics in Nonstationary VAR's," Cowles Foundation Discussion Papers 1102, Cowles Foundation for Research in Economics, Yale University.
- John F. Helliwell, 1996. "Convergence and Migration among Provinces," Canadian Journal of Economics, Canadian Economics Association, vol. 29(s1), pages 324-30, April.
- Olivier Jean Blanchard & Lawrence F. Katz, 1992. "Regional Evolutions," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 23(1), pages 1-76.
- Lefebvre, M. & Poloz, S.S., 1996. "The Commodity-Price Cycle and Regional Economic Performance in Canada," Working Papers 96-12, Bank of Canada.
- Mario Lefebvre, . "Les provinces canadiennes et la convergence : une evaluation empirique," Working Papers 94-10, Bank of Canada.
- Marvin McInnis, 1968. "The Trend of Regional Income Differentials in Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 1(2), pages 440-470, May.
- Sims, Christopher A, 1980. "Macroeconomics and Reality," Econometrica, Econometric Society, vol. 48(1), pages 1-48, January.
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