Recently, several studies have analysed active labour market policies by using a recently proposed matching estimator … matching approach per se is no panacea for solving all the problems of evaluation studies, but that its success depends …

In aggregate U.S. data, exogenous shocks to labor productivity induce highly persistent and hump-shaped responses to … both the vacancy- unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching … the matching model with sunk costs, vacancies react sluggishly to shocks, leading to highly realistic dynamics. …

Based on administrative data from the federal employment office in Germany, we apply matching techniques to estimate …