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Measuring the Effect of Matching Problems on Unemployment
Stockholm University, Faculty of Social Sciences, The Swedish Institute for Social Research (SOFI).
2018 (English)In: International labour review (Print), ISSN 0020-7780, E-ISSN 1564-913XArticle in journal (Refereed) Epub ahead of print
Abstract [en]

This paper shows how matching problems reduce employment – and hence also raise unemployment – by creating a gap between labour demand and employment. It also shows how this gap can be measured by unfilled jobs (unmet demand) as distinct from job vacancies (recruitment processes) and reports results from a vacancy survey which measures both. In fact, while a shift of the matching function indicating longer recruitment times suggests increasing matching problems, it is only the measurement of unfilled jobs which can verify this and at the same time quantify the effect on unemployment.

Place, publisher, year, edition, pages
2018.
Keywords [en]
Vacancies, unemployment, Beveridge curve, matching function
National Category
Economics
Identifiers
URN: urn:nbn:se:su:diva-156563DOI: 10.1111/ilr.12095OAI: oai:DiVA.org:su-156563DiVA, id: diva2:1210081
Available from: 2018-05-25 Created: 2018-05-25 Last updated: 2018-09-04

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