Help Wanted, Job Needed: Estimates of a Matching Function from Employment Service Data
Help Wanted, Job Needed: Estimates of a Matching Function from Employment Service Data
复制标题
需要帮助,需要工作:根据就业服务数据估计匹配函数
DOI:
--
复制
发表时间:
1997
影响因子:
3.8
通讯作者:
E. Berman
中科院分区:
文献类型:
--
作者:
E. Berman
I estimate a function that matches vacant jobs and unemployed workers to produce new hires. Israeli law requiring vacancy registration yields unique data quality. The literature underestimates matching function coefficients because of a simultaneity bias, as the outflow of hires depletes stocks of unemployed and vacancies. Instruments and a new simulation method address this bias. A new test reveals strong evidence of heterogeneity in unemployed and vacancies. Estimates imply labor market dynamics that absorb shocks completely within only 2 months. Reductions in the hire rate of referrals can explain a 2.1 percentage point increase in unemployment between 1978 and 1990.