Measures of excess demand and unemployment in Canada and the United States. From: Industrial Relations (Canadian) | Date: June 22, 1994| Author: Siebert, Calvin D.; Zaidi, Mahmood A. | COPYRIGHT 1994 Department des Relations Industrielles. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The authors consider the reasons for the shifts in the unemployment vacancy (UV) relationship in Canada and the United States during the past two decades to see whether these shifts can explain the gap in the unemployment between the two countries which arose about 1980 and may be increasing. We find that changing structural imbalances in the labor markets by themselves cannot explain the shifts in the UV curves or the gap in the unemployment rates in the two countries. We conclude that aggre...

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