Asymmetry has been well documented in the business cycle literature. The asymmetric business cycle suggests that major macroeconomic series, such as a country's unemployment rate, are non-linear and, therefore, the use of linear models to explain their behavior and forecast their future values...

An equilibrium model is developed to study the interaction of the business cycle, unemployment insurance (UI), and the labor market for young men in Canada. The model combines optimal job offer, layoff, and recall decisions within a numerically solved and restricted Bayesian-Nash equilibrium. We...

This paper examines salaries at the University of Manitoba to determine whether a 1994 remedy, paid in response to a 1993 salary study that demonstrated a gap between the salaries of males and females, has eliminated these differences. We use 1993 and 2003 data to approximate the earlier...

We develop a numerically solved equilibrium model of the labor market to study the effect of unemployment insurance (UI) over the business cycle. This model combines sequential job search, optimal job offer, layoff, and recall decisions, an aggregate productivity cycle, and details of an actual...