The aggregate matching (hiring) function relates gross hires to labor market tightness. Decompositions of aggregate … to show what part of the residual of the aggregate hiring function can be explained by the composition of vacancies. The …

The aggregate matching (hiring) function relates gross hires to labor market tightness. Decompositions of aggregate … to show what part of the residual of the aggregate hiring function can be explained by the composition of vacancies. The …

Two key relations in theoretical work on labor market flows are analyzed; the hiring function and the uv-curve. The …