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
| Department/Agency | Canada. Human Resources Development Canada. Unemployment Insurance. |
|---|---|
| Title | The UI system as an automatic stabilizer in Canadaby Peter Dungan and Steve Murphy. |
| Series title | Unemployment Insurance evaluation series |
| Publication type | Series - View Master Record |
| Language | [English] |
| Format | Paper |
| Other formats | Electronic-[English], Electronic-[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. |
| Binding | Softcover |
| Description | 53p. : graphs, tables ; 30 cm. |
| ISBN | 0-662-24150-9 |
| Catalogue number |
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| Departmental catalogue number | IN-AH-209E-08-95 |
| Subject terms | Employment insurance |
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