While the matching function relates hirings (H) to vacancies (V) and unemployment, the duration function relates the … average duration of vacancies as measured by V/H to unemployment. Shifts of the duration function are equivalent to shifts of … unemployment, have no direct effects on hirings. Second, the effect of longer recruitment times on hirings through higher …

vacancies divided by the number of hirings per month. Second, measure direct effects of recruitment times on employment by …How can vacancy statistics be used to measure friction in job matching and the effects of friction on unemployment …? First, measure deviations from instantaneous hirings by the average duration of recruitment as measured by the number of job …

comovement between matches, unemployment, and vacancies in dynamic labor market models: either by assuming a standard Cobb …

vacancies on the other hand, which is observationally equivalent to a constant returns Cobb-Douglas function commonly used to …

The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding …

The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding …

Firms create ‘vacancies’ in one sense (recruitment processes) in order to avoid ‘vacancies’ in another sense (unmet …

The Beveridge curve depicts a negative relationship between unemployed workers and job vacancies, a robust finding …