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This paper uses data on very small UK geographies to investigate the effective size of local labor markets. Our approach treats geographic space as continuous, as opposed to a collection of non-overlapping administrative units, thus avoiding problems of mismeasurement of local labor markets...
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employment agency data for the UK over the period 1985-99. Although the standard random matching approach provides a reasonably …
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We survey the microfoundations, empirical evidence and estimation issues underlying the aggregate matching function. Several microeconomic matching mechanisms have been suggested in the literature with some successes but none is generally accepted as superior to all others. Instead, an aggregate...
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acceptable assumption by estimating individual re-employment probabilities on a sample of entrants into unemployment. This is …
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