Search Results - subject:"Matching function"

Labor market reforms and unemployment dynamics

Murtin, Fabrice; Robin, Jean-Marc - 2014

In this paper, we quantify the contribution of labor market reforms to unemployment dynamics in nine OECD countries (Australia, France, Germany, Japan, Portugal, Spain, Sweden, the United Kingdom and the United States). We build and estimate a dynamic stochastic search-matching model with...

Persistent link: https://www.econbiz.de/10010368197

Can matching frictions explain the increase in Mexican unemployment after 2008?

Arroyo Miranda, Juan; Gómez Cram, Roberto; Lever … - 2014

global financial crisis. We find evidence of a statistically signicant reduction in the efficiency of the matching function …

Persistent link: https://www.econbiz.de/10010392383

Meeting Technologies and Optimal Trading Mechanisms in Competitive Search Markets

Lester, Benjamin R.; Visschers, Ludo; Wolthoff, Ronald P. - 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/10010398299

Forecasting with a mismatch-enhanced labor market matching function

Hutter, Christian; Weber, Enzo - 2014

labor market matching function. In theory, higher mismatch lowers matching efficiency which increases the risk that the … findings can be improved by a mismatch-enhanced labor market matching function. For this purpose, we construct so …

Persistent link: https://www.econbiz.de/10010420651

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/10010420654

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/10010421141

Revisiting the Matching Function

Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - Institute for the Study of Labor (IZA) - 2014

Persistent link: https://www.econbiz.de/10011103268

Meeting Technologies and Optimal Trading Mechanisms in Competitive Search Markets

Lester, Benjamin; Visschers, Ludo; Wolthoff, Ronald - University of Toronto, Department of Economics - 2014

In a market in which sellers compete by posting mechanisms, we allow for a general meeting technology and show that its properties crucially affect the mechanism that sellers select in equilibrium. In general, it is optimal for sellers to post an auction without a reserve price but with a fee,...

Persistent link: https://www.econbiz.de/10011158359

Regional matching (in)efficiency on the Croatian labour market

Tomić, Iva - In: Acta Oeconomica 64 (2014) September, pp. 287-312

matching function in Croatia. The empirical analysis is conducted on a regional level using regional office-level monthly data …

Persistent link: https://www.econbiz.de/10011094491

Meeting technologies and optimal trading mechanisms in competitive search markets

Lester, Benjamin; Visschers, Ludo; Wolthoff, Ronald - Federal Reserve Bank of Philadelphia - 2014

Persistent link: https://www.econbiz.de/10010765416