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The UI system as an automatic stabilizer in Canadaby Peter Dungan and Steve Murphy.: LU2-153/209-1995E

This study examines the effectiveness and potential of Canada's Unemployment Insurance (UI) system to act as an automatic stabilizer of the Canadian macro-economy over the business cycle. A variety of simulations were conducted with the FOCUS macroeconometric model to investigate the stabilizing properties of UI. The model was used to simulate what might have been the economy's performance if the UI system had been made inoperative and was not allowed to respond to cyclical changes in the economy. This simulated performance is then compared with the actual performance of the economy to see whether and by how much the UI program has acted to reduce fluctuations in income and employment.--Abstract

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.612853&sl=0

Publication information
Department/Agency
  • Canada. Human Resources Development Canada. Unemployment Insurance.
TitleThe UI system as an automatic stabilizer in Canadaby Peter Dungan and Steve Murphy.
Series title
  • Unemployment Insurance evaluation series
Publication typeMonograph - View Master Record
Language[English]
FormatPhysical text
Other formatsDigital text-[English], Digital text-[English]
Note(s)
  • "This study examines the effectiveness and potential of Canada's Unemployment Insurance (UI) system to act as an automatic stabilizer of the Canadian macro-economy over the business cycle. A variety of simulations were conducted with the FOCUS macroeconometric model to investigate the stabilizing properties of UI. The model was used to simulate what might have been the economy's performance if the UI system had been made inoperative and was not allowed to respond to cyclical changes in the economy. This "simulated" performance is then compared with the actual performance of the economy to see whether and by how much the UI program has acted to reduce fluctuations in income and employment."--Abstract.
  • Bibliography.
Publishing information
  • Ottawa - Ontario : Human Resources Development Canada. 1995.
BindingSoftcover
Description53p. : graphs, tables ; 30 cm.
ISBN0-662-24150-9
Catalogue number
  • LU2-153/209-1995E
Departmental catalogue numberIN-AH-209E-08-95
Subject terms
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