Measuring Job-Finding Rates and Matching Efficiency with Heterogeneous Job-Seekers

被引:38
作者
Hall, Robert E. [1 ,2 ,3 ]
Schulhofer-Wohl, Sam [4 ]
机构
[1] Stanford Univ, Hoover Inst, Stanford, CA 94503 USA
[2] Stanford Univ, Dept Econ, Stanford, CA 94503 USA
[3] Natl Bur Econ Res, 1050 Massachusetts Ave, Cambridge, MA 02138 USA
[4] Fed Reserve Bank Chicago, 230 South LaSalle St, Chicago, IL 60604 USA
关键词
LABOR-MARKET; UNEMPLOYMENT; ERRORS;
D O I
10.1257/mac.20170061
中图分类号
F [经济];
学科分类号
02 ;
摘要
Matching efficiency is the productivity of the process for matching job-seekers to available jobs. Job-finding is the output; vacant jobs and active job-seekers are the inputs. We develop a framework for measuring matching productivity when the population of job-seekers is heterogeneous. 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 job-seekers other than the unemployed suggest a large 28 percent decline in efficiency between 2007 and 2009. Most of this apparent decline results from changes in the composition of job-seekers.
引用
收藏
页码:1 / 32
页数:32
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