Kohlbrecher, Britta; Merkl, Christian; Nordmeier, Daniela - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2014
these two features combined generate an equilibrium comovement between matches on the one hand and unemployment and … model match formation. We use German administrative labor market data to show that the matching function correlation solely … based on idiosyncratic productivity and free entry is very close to the empirical matching function. Consequently, we argue …