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Empirical Matching Functions

Searchers, Vacancies, and (Un‐)biased Elasticities

Bibliographic Data

ID9728262
AuthorsUwe Sunde (0000-0002-2110-7822, University of Bonn, corresponding author)
Year2007
Volume74
Issue295
Pages537-560
Publication date2007-08-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEconomica (JOURNAL)
Journal identifiersISSN: 0013-0427 • E-ISSN: 1468-0335
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1468-0335.2006.00573.x
OpenAlexW2010624350
LanguageEN
Citations received3
References cited25

This paper shows that conventional empirical estimates of matching functions are systematically biased, because unobservable and endogenous search behaviour, such as on‐the‐job search by workers or the use of different search channels by firms, is neglected. I propose an approach for recovering unbiased elasticities under different scenarios of competition for workers and jobs without the need for constructing proxies for unobserved stocks of searchers and vacancies. Using German administrative data, I estimate the biases affecting conventional studies and derive bias‐corrected estimates of the matching elasticities under different scenarios

Competition (biology) · Econometrics · Economics · German · Matching (statistics) · Statistics · Unobservable · Game Theory and Voting Systems · Labor market dynamics and wage inequality · Mathematics · Politics, Economics, and Education Policy

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  • The Impact of Labour Market Reforms and Economic Performance on the Matching of the Short‐term and the Long‐term Unemployed

    Open Access•Sabine Klinger, Thomas Rothe•Scottish Journal of Political…•2012

  • Linear Statistical Inference and its Applications

    Open Access•C Radhakrishna Rao•Linear Statistical Inference and…•1973

  • Looking into the Black Box

    Barbara Petrongolo, Christopher A Pissarides•Journal of Economic Literature•2001

  • Empirical Matching Functions

    Patricia M Anderson, Stephen Burge et al.•The Review of Economics and…•2000

  • Job Search Outcomes for the Employed and Unemployed

    David M Blau, Philip K Robins•Journal of Political Economy•1990

  • Cross-Section Estimation of the Matching Function

    Melvyn G Coles, Melvyn Coles et al.•Economica•1996

  • Unemployment and Search Externalities in a Model with Heterogeneous Jobs and Workers

    Open Access•Pieter A Gautier•Economica•2002

  • A Model of Competition Between Unemployed and Employed Job Searchers

    Stephen Burge, Simon M Burgess•The Economic Journal•1993

Unique citing works3
Citations per year0,21
Citation span2012 - 2025 (14)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 3

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