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Occupational job creation: patterns and implications

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  • René Fahr
  • Uwe Sunde

Abstract

This paper empirically investigates the matching process of job seekers and job vacancies, on different occupational labor markets, and reveals the relative importance of supply and demand factors, and frictions in the job creation process. Using data from German administrative records, we estimate matching functions both on the aggregate level, and for different occupational and educational groups. The data allow to avoid some of the usual problems in empirical matching studies; extensive robustness and stationarity tests are carried out. The results indicate substantial heterogeneity in the matching processes at disaggregate levels. This information can be useful for policymakers, since policy interventions that are effective in creating employment on some occupational labor markets might lead to unsatisfactory results for other occupations. Copyright 2004, Oxford University Press.

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File URL: http://hdl.handle.net/10.1093/oep/gpf059
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Bibliographic Info

Article provided by Oxford University Press in its journal Oxford Economic Papers.

Volume (Year): 56 (2004)
Issue (Month): 3 (July)
Pages: 407-435

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Handle: RePEc:oup:oxecpp:v:56:y:2004:i:3:p:407-435

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Citations

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Cited by:
  1. Brown, Alessio J. G. & Merkl, Christian & Snower, Dennis J., 2009. "An Incentive Theory of Matching," IZA Discussion Papers 4145, Institute for the Study of Labor (IZA).
  2. Frank Oskamp & Dennis J. Snower, 2007. "Interactions between Employment and Training Policies," Kiel Working Papers 1389, Kiel Institute for the World Economy.
  3. Michael Stops & Thomas Mazzoni, 2010. "Matchingprozesse auf beruflichen Teilarbeitsmärkten Job Matching on Occupational Labour Markets," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 230(3), pages 287-312, June.
  4. Brown, Alessio J G & Merkl, Christian & Snower, Dennis J., 2007. "Comparing the Effectiveness of Employment Subsidies," CEPR Discussion Papers 6334, C.E.P.R. Discussion Papers.
  5. Rene Fahr & Uwe Sunde, 2006. "Regional dependencies in job creation: an efficiency analysis for Western Germany," Applied Economics, Taylor and Francis Journals, vol. 38(10), pages 1193-1206.
  6. Frank Oskamp & Dennis J. Snower, 2006. "The Effect of Low-Wage Subsidies on Skills and Employment," Kiel Working Papers 1292, Kiel Institute for the World Economy.
  7. Otto, Philipp E. & Bolle, Friedel, 2009. "Small numbers matching markets: Unstable and inefficient due to over-competition?," Discussion Papers 270, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
  8. Fahr, Rene & Sunde, Uwe, 2006. "Spatial mobility and competition for jobs: Some theory and evidence for Western Germany," Regional Science and Urban Economics, Elsevier, vol. 36(6), pages 803-825, November.
  9. René Fahr & Uwe Sunde, 2009. "Did the Hartz Reforms Speed-Up the Matching Process? A Macro-Evaluation Using Empirical Matching Functions," German Economic Review, Verein für Socialpolitik, vol. 10, pages 284-316, 08.

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