TY - JOUR AU - Baldwin,John AU - Dunne,Timothy AU - Haltiwanger,John TI - A Comparison of Job Creation and Job Destruction in Canada and the United States JF - National Bureau of Economic Research Working Paper Series VL - No. 4726 PY - 1994 Y2 - May 1994 UR - http://www.nber.org/papers/w4726 L1 - http://www.nber.org/papers/w4726.pdf N1 - Author contact info: John Baldwin Statistics Canada E-Mail: baldjoh@statcan.ca Timothy Dunne Department of Economics Hester Hall University of Oklahoma Norman, OK 73019 Tel: 405 325 2863 E-Mail: tim.dunne@clev.frb.org John C. Haltiwanger Department of Economics University of Maryland College Park, MD 20742 Tel: 301/405-3504 Fax: 301/405-3542 E-Mail: haltiwan@econ.umd.edu AB - In recent years a growing number of countries have constructed data series on job creation and job destruction using establishment- level data sets. This paper provides a description and detailed comparison of these new data series for the United States and Canada. First, the Canadian and United States industry-level job creation and destruction rates are remarkably similar. Industries with high (low) job creation in the U.S. exhibit high (low) job creation in Canada. The same is true for job destruction. In addition, the overall magnitude of gross job flows in the two countries is comparable. Second, the time-series patterns of creation and destruction are qualitatively similar but do differ in a number of important respects. In both countries, job destruction is much more cyclically volatile than job creation. This cyclical asymmetry is, however, more pronounced in the United States. The paper finishes with a characterization of the job flow patterns using a modified Blanchard and Diamond (1992) model. ER -