Building a composite Help-Wanted Index over 1951-2009
This paper presents a measure of vacancy posting that captures the behavior of total --print and online-- help-wanted advertising. By modeling the share of online job advertising as the diffusion of a new technology --online job posting and job search-- I can combine information on both print and online help-wanted advertising. I use this consistent measure of vacancy posting over 1951-2009 to estimate the elasticity of the matching function and find an estimate of 0.58.
|Date of creation:||15 Dec 2009|
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- Barbara Petrongolo & Christopher A. Pissarides, 2000.
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CEP Discussion Papers
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- Barbara Petrongolo & Christopher Pissarides, 2000. "Looking into the black box: a survey of the matching function," LSE Research Online Documents on Economics 2122, London School of Economics and Political Science, LSE Library.
- Petrongolo, Barbara & Pissarides, Christopher, 2000. "Looking Into The Black Box: A Survey Of The Matching Function," CEPR Discussion Papers 2409, C.E.P.R. Discussion Papers.
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Wiley Blackwell, vol. 61(3), pages 397-415, July.
- Dale T. Mortensen & Christopher A. Pissarides, 1993. "Job Creation and Job Destruction in the Theory of Unemployment," CEP Discussion Papers dp0110, Centre for Economic Performance, LSE.
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