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On the measurement of mismatch

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Author Info
Carsten Ochsen

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Abstract

We use a definition of an equilibrium rate of unemployment as a mismatch indicator. An application of the indicator to nine Organization for Economic Cooperation and Development (OECD) countries leads to diverging results. Most of the considered countries have experienced increasing mismatch in the 1970s and decreasing mismatch in the 1990s. The latter result is somewhat surprising, since mismatch was expected to be increasing in the 1990s. However, the estimates for Germany are against this international trend. Mismatch is not in general lower in countries with a more flexible labour market, but is decreasing in some of the countries which have chosen more flexibility on the labour market.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Applied Economics Letters.

Volume (Year): 16 (2009)
Issue (Month): 4 ()
Pages: 405-409
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Handle: RePEc:taf:apeclt:v:16:y:2009:i:4:p:405-409

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Hoyt Bleakley & Jeffrey C. Fuhrer, 1997. "Shifts in the Beveridge Curve, job matching, and labor market dynamics," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 3-19. [Downloadable!]
  2. Holmlund, Bertil, 2003. "The Rise and Fall of Swedish Unemployment," Working Paper Series 2003:13, Uppsala University, Department of Economics. [Downloadable!]
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  3. Nickell, Stephen & Bell, Brian, 1995. "The Collapse in Demand for the Unskilled and Unemployment across the OECD," Oxford Review of Economic Policy, Oxford University Press, vol. 11(1), pages 40-62, Spring.
  4. Bowden, Roger J, 1980. "On the Existence and Secular Stability of u-v Loci," Economica, London School of Economics and Political Science, vol. 47(185), pages 35-50, February. [Downloadable!] (restricted)
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  6. Nickell, Stephen, 1998. "Unemployment: Questions and Some Answers," Economic Journal, Royal Economic Society, vol. 108(448), pages 802-16, May. [Downloadable!] (restricted)
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  8. Richard Archambault & Mario Fortin, 2001. "The Beveridge curve and unemployment fluctuations in Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 34(1), pages 58-81, February. [Downloadable!] (restricted)
  9. Manacorda, Marco & Petrongolo, Barbara, 1999. "Skill Mismatch and Unemployment in OECD Countries," Economica, London School of Economics and Political Science, vol. 66(262), pages 181-207, May. [Downloadable!] (restricted)
  10. Layard, R. & Nickell, S., . "Layard-Nickell," Instructional Stata datasets for econometrics layardnickell, Boston College Department of Economics. [Downloadable!]
  11. Jackman, R & Roper, S, 1987. "Structural Unemployment," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 49(1), pages 9-36, February.
  12. Borsch-Supan, Axel H, 1991. "Panel Data Analysis of the Beveridge Curve: Is There a Macroeconomic Relation between the Rate of Unemployment and the Vacancy Rate?," Economica, London School of Economics and Political Science, vol. 58(231), pages 279-97, August. [Downloadable!] (restricted)
  13. Andrés Fuentes, 2002. "On-the-Job Search and the Beveridge Curve," IMF Working Papers 02/37, International Monetary Fund.
  14. Thisse, Jacques-Francois & Zenou, Yves, 2000. "Skill mismatch and unemployment," Economics Letters, Elsevier, vol. 69(3), pages 415-420, December. [Downloadable!] (restricted)
  15. Hall, Alastair R, 1994. "Testing for a Unit Root in Time Series with Pretest Data-Based Model Selection," Journal of Business & Economic Statistics, American Statistical Association, vol. 12(4), pages 461-70, October.
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Cited by:
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  1. Carsten Ochsen, 2005. "Labour Market Institutions and Unemployment Revisited," Thuenen-Series of Applied Economic Theory 49, University of Rostock, Institute of Economics, Germany. [Downloadable!]
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