Empirical matching functions: estimation and interpretation using disaggregate data
In this paper, we estimate matching functions using disaggregate data. We find strong support for the matching approach, with most specifications implying slightly increasing returns to scale. This finding does not appear to arise from our inclusion of additional controls or from the level of disagg...
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
1995
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| Schriftenreihe: | Working paper series / National Bureau of Economic Research
5001 |
| Schlagworte: | |
| Zusammenfassung: | In this paper, we estimate matching functions using disaggregate data. We find strong support for the matching approach, with most specifications implying slightly increasing returns to scale. This finding does not appear to arise from our inclusion of additional controls or from the level of disaggregation, and so we conclude that earlier findings of constant returns in the US may be due to the various approximations needed to construct an aggregate time series. We also find evidence of endogenous job competition between the employed and nonemployed, so that the estimated parameters from a matching function cannot be interpreted as structural parameters. |
| Beschreibung: | 18, 6 S. graph. Darst. |
Internformat
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| 520 | |a In this paper, we estimate matching functions using disaggregate data. We find strong support for the matching approach, with most specifications implying slightly increasing returns to scale. This finding does not appear to arise from our inclusion of additional controls or from the level of disaggregation, and so we conclude that earlier findings of constant returns in the US may be due to the various approximations needed to construct an aggregate time series. We also find evidence of endogenous job competition between the employed and nonemployed, so that the estimated parameters from a matching function cannot be interpreted as structural parameters. | ||
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| 650 | 4 | |a Job hunting |z United States |v Statistics | |
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| indexdate | 2024-07-09T17:47:10Z |
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| language | English |
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| physical | 18, 6 S. graph. Darst. |
| publishDate | 1995 |
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| spelling | Anderson, Patricia M. 1963- Verfasser (DE-588)124280595 aut Empirical matching functions estimation and interpretation using disaggregate data Patricia M. Anderson ; Simon M. Burgess Cambridge, Mass. 1995 18, 6 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Working paper series / National Bureau of Economic Research 5001 In this paper, we estimate matching functions using disaggregate data. We find strong support for the matching approach, with most specifications implying slightly increasing returns to scale. This finding does not appear to arise from our inclusion of additional controls or from the level of disaggregation, and so we conclude that earlier findings of constant returns in the US may be due to the various approximations needed to construct an aggregate time series. We also find evidence of endogenous job competition between the employed and nonemployed, so that the estimated parameters from a matching function cannot be interpreted as structural parameters. Statistik Job hunting United States Statistics Labor market United States Statistics Unemployment United States Statistics USA Burgess, Simon M. 1960- Verfasser (DE-588)124213553 aut National Bureau of Economic Research Working paper series 5001 (DE-604)BV002801238 5001 |
| spellingShingle | Anderson, Patricia M. 1963- Burgess, Simon M. 1960- Empirical matching functions estimation and interpretation using disaggregate data Statistik Job hunting United States Statistics Labor market United States Statistics Unemployment United States Statistics |
| title | Empirical matching functions estimation and interpretation using disaggregate data |
| title_auth | Empirical matching functions estimation and interpretation using disaggregate data |
| title_exact_search | Empirical matching functions estimation and interpretation using disaggregate data |
| title_full | Empirical matching functions estimation and interpretation using disaggregate data Patricia M. Anderson ; Simon M. Burgess |
| title_fullStr | Empirical matching functions estimation and interpretation using disaggregate data Patricia M. Anderson ; Simon M. Burgess |
| title_full_unstemmed | Empirical matching functions estimation and interpretation using disaggregate data Patricia M. Anderson ; Simon M. Burgess |
| title_short | Empirical matching functions |
| title_sort | empirical matching functions estimation and interpretation using disaggregate data |
| title_sub | estimation and interpretation using disaggregate data |
| topic | Statistik Job hunting United States Statistics Labor market United States Statistics Unemployment United States Statistics |
| topic_facet | Statistik Job hunting United States Statistics Labor market United States Statistics Unemployment United States Statistics USA |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT andersonpatriciam empiricalmatchingfunctionsestimationandinterpretationusingdisaggregatedata AT burgesssimonm empiricalmatchingfunctionsestimationandinterpretationusingdisaggregatedata |