the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires …. First, we show how to non-parametrically identify the matching function. Second, we estimate the matching function allowing … for unobserved matching efficacy, without imposing the usual independence assumption between matching efficiency and …

unemployment can be derived and how the elasticity of inflation with respect to unemployment depends on structural characteristics … of the labor market such as the matching technology that pairs vacancies with unemployed workers. We estimate on US data …