Alternative Measures of the Average Duration of Unemployment
Statistics Canada; University of Ottawa; Institute for the Study of Labor (IZA)
Government of Canada - Analytical Studies Branch
Statistics Canada Working Paper 83
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.
Number of Pages in PDF File: 18
JEL Classification: E24, E32, C13, J20working papers series
Date posted: August 5, 1996
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