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来源类型Working Paper
规范类型报告
DOI10.3386/w20939
来源IDWorking Paper 20939
Measuring Job-Finding Rates and Matching Efficiency with Heterogeneous Jobseekers
Robert E. Hall; Sam Schulhofer-Wohl
发表日期2015-02-09
出版年2015
语种英语
摘要Matching efficiency is the productivity of the process for matching jobseekers to available jobs. Job-finding is the output; vacant jobs and active jobseekers are the inputs. Measurement of matching efficiency follows the same principles as measuring an index of productivity of production. We develop a framework for measuring matching productivity when the population of jobseekers is heterogeneous. The efficiency index for each type of jobseeker is the monthly job finding rate for the type adjusted for the overall tightness of the labor market. We find that overall matching efficiency declined smoothly over the period from 2001 through 2013. Measures of matching efficiency that neglect heterogeneity among the unemployed and also neglect jobseekers other than the unemployed suggest a 23 percent decline in efficiency between 2007 and 2009. We demonstrate that essentially all of this apparent decline results from changes in the composition of jobseekers rather than any true movement in efficiency. We also develop a new approach to measuring matching rates that avoids counting short-duration jobs as job-seeking successes.
主题Macroeconomics ; Consumption and Investment ; Labor Economics ; Unemployment and Immigration
URLhttps://www.nber.org/papers/w20939
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578613
推荐引用方式
GB/T 7714
Robert E. Hall,Sam Schulhofer-Wohl. Measuring Job-Finding Rates and Matching Efficiency with Heterogeneous Jobseekers. 2015.
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