Search Results - subject:"Matching Function"

Search Frictions, Competing Mechanisms and Optimal Market Segmentation

Cai, Xiaoming; Gautier, Pieter; Wolthoff, Ronald - 2016

In a market in which sellers compete for heterogeneous buyers by posting mechanisms, we analyze how the properties of the meeting technology affect the allocation of buyers to sellers. We show that a separate submarket for each type of buyer is the efficient outcome if and only if meetings are...

Persistent link: https://www.econbiz.de/10011526113

Disaggregating the Matching Function

Diamond, Peter A.; Sahin, Aysegül - 2016

The aggregate matching (hiring) function relates gross hires to labor market tightness. Decompositions of aggregate hires show how the hiring process differs across different groups of workers and of firms. Decompositions include employment status in the previous month, age, gender and...

Persistent link: https://www.econbiz.de/10011584965

The matching process: Search or mismatch?

Gottfries, Nils; Stadin, Karolina - 2016

We examine the matching process using monthly panel data for local labour markets in Sweden. We find that an increase in the number of vacancies has a very weak effect on the number of unemployed workers being hired: unemployed workers appear to be unable to compete for many available jobs....

Persistent link: https://www.econbiz.de/10012013530

A guide to estimating matching functions in spatial models

Brancaccio, Giulia; Kalouptsidi, Myrto; Papageorgiou, … - In: International journal of industrial organization 70 (2020), pp. 1-8

Persistent link: https://www.econbiz.de/10012581730

Increasing returns in matching and labour market dynamics: Comments on indeterminacy and search theory

Guerrazzi, Marco - Volkswirtschaftliche Fakultät, … - 2015

the social elasticity of the matching function with respect to unemployment. …

Persistent link: https://www.econbiz.de/10011157018

Revisiting the matching function

Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2014

model match formation. We use German administrative labor market data to show that the matching function correlation solely … based on idiosyncratic productivity and free entry is very close to the empirical matching function. Consequently, we argue … that standard matching function estimations are seriously biased if idiosyncratic productivity plays a role for match …

Persistent link: https://www.econbiz.de/10010350860

Meeting technologies and optimal trading mechanisms in competitive search markets

Lester, Benjamin; Visschers, Ludo; Wolthoff, Ronald - 2014

In a market in which sellers compete by posting mechanisms, we study how the properties of the meeting technology affect the mechanism that sellers select. In general, sellers have incentive to use mechanisms that are socially efficient. In our environment, sellers achieve this by posting an...

Persistent link: https://www.econbiz.de/10010387737

Revisiting the matching function

Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2014

This paper shows analytically and numerically that there are two ways of generating an observationally equivalent comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb-Douglas contact function or by combining a degenerate...

Persistent link: https://www.econbiz.de/10010410222

Meeting technologies and optimal trading mechanisms in competitive search markets

Lester, Benjamin; Visschers, Ludo; Wolthoff, Ronald - 2014

Persistent link: https://www.econbiz.de/10010413329

Revisiting the matching function

Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - 2014

Persistent link: https://www.econbiz.de/10010248216