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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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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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Cited by:
  1. Otto, Philipp E. & Bolle, Friedel, 2009. "Small numbers matching markets: Unstable and inefficient due to over-competition?," Discussion Papers, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics 270, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
  2. Alessio J. G. Brown, & Christian Merkl & Dennis J. Snower, 2006. "Comparing the Effectiveness of Employment Subsidies," Kiel Working Papers, Kiel Institute for the World Economy 1302, Kiel Institute for the World Economy.
  3. Brown, Alessio J. G. & Merkl, Christian & Snower, Dennis J., 2010. "An Incentive Theory of Matching," Open Access Publications from Kiel Institute for the World Economy, Kiel Institute for the World Economy (IfW) 37391, Kiel Institute for the World Economy (IfW).
  4. Rene Fahr & Uwe Sunde, 2006. "Regional dependencies in job creation: an efficiency analysis for Western Germany," Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 38(10), pages 1193-1206.
  5. Frank Oskamp & Dennis J. Snower, 2006. "The Effect of Low-Wage Subsidies on Skills and Employment," Kiel Working Papers, Kiel Institute for the World Economy 1292, Kiel Institute for the World Economy.
  6. Frank Oskamp & Dennis J. Snower, 2007. "Interactions between Employment and Training Policies," Kiel Working Papers, Kiel Institute for the World Economy 1389, Kiel Institute for the World Economy.
  7. 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, Justus-Liebig University Giessen, Department of Statistics and Economics, vol. 230(3), pages 287-312, June.
  8. 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, Verein für Socialpolitik, vol. 10, pages 284-316, 08.

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