By applying a stochastic production frontier approach to the matching process of unemployed and vacancies, this paper provides novel detailed insights into the process of job creation in Spain over the 2006-2012 period. The methodology produces estimates of the relative importance of demand and...

In this paper, we analyze the wage effects of the adoption of a labor reform aiming at making labor institutions more flexible. We are working with a quasi-experimental setting referring to a sample of Italian companies before and after the introduction of the Treu Reform (1997). Our...