Poeschel, Friedrich - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2012
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 …