Measures of core inflation enable a central bank to distinguish price movements that are transitory and generated by non-monetary events from those that are more permanent and related to prior monetary policy decisions. The author uses standard statistical measures to assess the behaviour of...

This paper uses a rich set of microeconomic labor market data--the 1988-90 Labour Market Activity Survey published by Statistics Canada--to test whether there is negative duration dependence in unemployment spells. It updates and extends similar work carried out by Jones (1995), who used the...