Random or Non-Random Matching? Implications for the Use of the UV Curve as a Measure of Matching Performance
The instability of the Beveridge curve in Britain since the mid-50s has been interpreted as revealing a deterioration of labour market effectiveness in matching vacancies to unemployed job-seekers. This paper attemps to repeat the stability analysis of the matching technology, having relaxed some of the restrictions generally imposed in deriving a Beveridge curve.
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|Date of creation:||1997|
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