Hutter, Christian; Weber, Enzo - In: Oxford Bulletin of Economics and Statistics 79 (2017) 1, pp. 101-123
This paper investigates the role of structural imbalance between job seekers and job openings for the forecasting performance of a labour market matching function. Starting from a Cobb-Douglas matching function with constant returns to scale (CRS) in each frictional micro market shows that on...