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Job searchers, job matches and the elasticity of matching ob searchers

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  • Broersma, L.

    (Vrije Universiteit Amsterdam, Faculteit der Economische Wetenschappen en Econometrie (Free University Amsterdam, Faculty of Economics Sciences, Business Administration and Economitrics)

Abstract

This paper stresses the importance of a specification of the matching function, where the measure of job matches as a dependent variable, corresponds to the stock of job searchers. In many empirical studies on the matching function this requirement has not been fulfilled. In this paper, we show that using unemployment outflow to a job as measure of job matches. related to unemployment and vacancies, gives a higher elasticity of matching with respect to unemployment, compared to the same elasticity when the flow of filled vacancies is used as measure of job matches. We have specified and estimated matching functions for The Netherlands to illustrate our point.

Suggested Citation

  • Broersma, L., 1996. "Job searchers, job matches and the elasticity of matching ob searchers," Serie Research Memoranda 0004, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    • Handle: RePEc:vua:wpaper:1996-4
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    References listed on IDEAS

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    1. Burda, Michael & Wyplosz, Charles, 1994. "Gross worker and job flows in Europe," European Economic Review, Elsevier, vol. 38(6), pages 1287-1315, June.
    2. Cees Gorter & Jan van Ours, 1994. "Matching Unemployment And Vacancies In Regional Labor Markets: An Empirical Analysis For The Netherlands," Papers in Regional Science, Wiley Blackwell, vol. 73(2), pages 153-167, April.
    3. van Ours, Jan C., 1995. "An empirical note on employed and unemployed job search," Economics Letters, Elsevier, vol. 49(4), pages 447-452, October.
    4. Burgess, Simon M., 1994. "Matching models and labour market flows," European Economic Review, Elsevier, vol. 38(3-4), pages 809-816, April.
    5. Burgess, Simon M, 1993. "A Model of Competition between Unemployed and Employed Job Searchers: An Application to the Unemployment Outflow Rate in Britain," Economic Journal, Royal Economic Society, vol. 103(420), pages 1190-1204, September.
    6. van Ours, J. C., 1991. "The efficiency of the Dutch labour market in matching unemployment and vacancies," Other publications TiSEM 4bbea82e-68fb-45e0-b32a-3, Tilburg University, School of Economics and Management.
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    Citations

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    Cited by:

    1. Rocus van Opstal, 2006. "Charting choices 2008-2011: economic effects of eight election platforms," CPB Document 139.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    2. Karen Mumford & Peter N. Smith, 1999. "The Hiring Function Reconsidered: on Closing the Circle," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(3), pages 343-364, August.
    3. Pierre Koning & Dinand Webbink & Nicholas Martin, 2015. "The effect of education on smoking behavior: new evidence from smoking durations of a sample of twins," Empirical Economics, Springer, vol. 48(4), pages 1479-1497, June.
    4. Jan Lemmen, 2006. "Is the renminbi undervalued?," CPB Memorandum 166.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    5. Jongen, Egbert L. W. & Gameren, Edwin van & Graafland, Johan J., 2000. "The impact of active labour market policies : an AGE analysis for The Netherlands," Serie Research Memoranda 0017, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    6. Bas ter Weel, 2011. "Does Manager Turnover Improve Firm Performance? Evidence from Dutch Soccer, 1986-2004," CPB Discussion Paper 166.rdf, CPB Netherlands Bureau for Economic Policy Analysis.

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    More about this item

    JEL classification:

    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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