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Measuring Search Frictions Using Japanese Microdata

Author

Listed:
  • Masaru Sasaki

    () (Osaka University)

  • Miki Kohara

    (Osaka University)

  • Tomohiro Machikita

    (IDE-JETRO)

Abstract

This paper estimates matching functions to measure search frictions in the Japanese labor market and presents determinants of search duration to explain the effect of unemployment benefits on a job seeker fs behavior. We employ administrative micro data that track the job search process of individuals who left or lost their job in August 2005 and subsequently registered at their local public employment service. Our finding is that the matching function would exhibit decreasing returns-to-scale for job seekers and vacancies, rather than constant return-to-scale. We also find that generous unemployment benefits lengthen (shorten) the duration of job search for job seekers who voluntarily (involuntarily) leave employment.

Suggested Citation

  • Masaru Sasaki & Miki Kohara & Tomohiro Machikita, 2011. "Measuring Search Frictions Using Japanese Microdata," Discussion Papers in Economics and Business 11-07-Rev, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP), revised May 2012.
    • Handle: RePEc:osk:wpaper:1107r
    as

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    File URL: http://www2.econ.osaka-u.ac.jp/library/global/dp/1107R.pdf
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    References listed on IDEAS

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    Cited by:

    1. Koyo Miyoshi & Masaru Sasaki, 2016. "The Long-Term Impacts of the 1998 Nagano Winter Olympic Games on Economic and Labor Market Outcomes," Asian Economic Policy Review, Japan Center for Economic Research, vol. 11(1), pages 43-65, January.

    More about this item

    Keywords

    Job Search; Matching Model; Unemployment; Unemployment Benefits;

    JEL classification:

    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • J65 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment Insurance; Severance Pay; Plant Closings

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