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We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the recent rise in U.S. unemployment by exploiting two sources...
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According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when …
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This paper provides detailed empirical evidence on the scope of mismatch in Germany in the past decade, using a comprehensive administrative data set that allows for disaggregation at the levels of industry, occupation and region. The findings suggest that regional mismatch did not play an...
Persistent link: https://www.econbiz.de/10009788092
whether changes in matching frictions can explain the large and persistent increase in Mexican unemployment after the 2008 … global financial crisis. We find evidence of a statistically signicant reduction in the efficiency of the matching function … unemployment rate. Hence, these results suggest that changes in matching frictions cannot explain most of the increase in …
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