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An econometric examination of the trend unemployment rate in Canada / by Denise Côté and Doug Hostland.FB3-2/96-7E-PDF

This paper attempts to identify the trend unemployment rate, an empirical concept, using cointegration theory. The authors examine whether there is a cointegrating relationship between the observed unemployment rate and various structural factors, focusing neither on the non-accelerating-inflation rate of unemployment (NAIRU), nor on the natural rate of unemployment, but rather on the trend unemployment rate which they define in terms of cointergration.--Abstract

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Publication information
Department/Agency
  • Bank of Canada.
TitleAn econometric examination of the trend unemployment rate in Canada / by Denise Côté and Doug Hostland.
Series title
  • Bank of Canada working paper 1701-9397 96-7
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Other formatsPhysical text-[English]
Note(s)
  • "This paper attempts to identify the trend unemployment rate, an empirical concept, using cointegration theory. The authors examine whether there is a cointegrating relationship between the observed unemployment rate and various structural factors, focusing neither on the non-accelerating-inflation rate of unemployment (NAIRU), nor on the natural rate of unemployment, but rather on the trend unemployment rate which they define in terms of cointergration."--Abstract.
  • The ISBN (0-662-24596-2) and ISSN (1192-5434) for the print edition have been incorrectly copied in this electronic publication.
  • Bibliography.
  • Résumé en français.
Publishing information
  • Ottawa - Ontario : Bank of Canada May 1996.
Description77p.glossary, graphs, tables
ISSN1701-9397
Catalogue number
  • FB3-2/96-7E-PDF
Subject terms
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