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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP8471 |
DP8471 Accounting For Endogenous Search Behavior in Matching Function Estimation | |
Fabien Postel-Vinay; Grégory Jolivet; Daniel Borowczyk-Martins | |
发表日期 | 2011-07-01 |
出版年 | 2011 |
语种 | 英语 |
摘要 | We show that equilibrium matching models imply that standard estimates of the matching function elasticities are exposed to an endogeneity bias, which arises from the search behavior of agents on either side of the market. We offer an estimation method which, under certain assumptions, is immune from that bias. Application of our method to the estimation of a basic version of the matching function using aggregate U.S. data from the Job Openings and Labor Turnover Survey (JOLTS) suggests that the bias is quantitatively important. |
主题 | Labour Economics |
关键词 | Job finding Matching function estimation Unemployment Vacancies |
URL | https://cepr.org/publications/dp8471 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537308 |
推荐引用方式 GB/T 7714 | Fabien Postel-Vinay,Grégory Jolivet,Daniel Borowczyk-Martins. DP8471 Accounting For Endogenous Search Behavior in Matching Function Estimation. 2011. |
条目包含的文件 | 条目无相关文件。 |
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