In this paper we estimate aggregate matching functions taking advantage of a rich data base that enables us to compute … observations on the variables in the matching function at (virtually) any frequency to assess the importance of the time … stock-slow matching. Finally, we assess the contribution of labour market programme participants to matching.Our evidence …

trends in empirical matching functions. We investigate whether these trends simply arise from omitted variable bias … variable bias. As suggested by this result, we present evidence that empirical matching functions can be interpreted as … versions of the law of motion for vacancies: the coefficients in matching functions coincide with the coefficients in the law …

trends in empirical matching functions. We investigate whether these trends simply arise from omitted variable bias … variable bias. As suggested by this result, we present evidence that empirical matching functions can be interpreted as … versions of the law of motion for vacancies: the coefficients in matching functions coincide with the coefficients in the law …

I analyze the matching process in the Spanish labor market from 1994-2005. I use monthly registered unemployment data … queuing model, which is the most relevant description of the labor market matching process in Spain, according to the …

strong approximation theory of sample averages of serially dependent random vectors with dimensions growing with the sample …–Pissarides search and matching model for equilibrium unemployment, and shed new light on the unemployment volatility puzzle from an …