Ilmakunnas, Pekka; Pesola, Hanna - 2003
stochastic frontier matching function has constant returns, whereas in OLS estimation with fixed effects the returns are slightly …Stochastic production frontiers are used for estimating regional matching functions where unemployment outflow is … 'produced' by the unemployed and vacancies. The frontier is estimated using regional panel data from Finland from 1988 to 1997 …