This paper analyzes how the levels of unemployment and vacancies affect the rate at which unemployed workers find employment--the worker-firm 'matching function.' In particular, the authors test the robustness of previous empirical work by checking whether they obtain the same estimated function using cross-section data rather than aggregate time-series data. The authors find strong evidence of constant returns to scale which is strikingly similar to previous work. Copyright 1996 by The London School of Economics and Political Science.
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Article provided by London School of Economics and Political Science in its journal Economica.
Volume (Year): 63 (1996) Issue (Month): 252 (November) Pages: 589-97 Download reference. The following formats are available: HTML
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