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On the Measurement of Mismatch

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  • Ochsen, Carsten

Abstract

This paper introduces and examines a definition of an equilibrium rate of unemployment that can be used as mismatch indicator, too. In contrast to existing indicators this measurement method is based directly on the Beveridge-Curve. An application of the indicator to nine OECD countries leads to diverging results. Most of the considered countries have experienced increasing mismatch in the seventies and decreasing mismatch in the nineties. The latter result is somewhat surprising, since mismatch was expected to be increasing in the nineties. However, the estimates for Germany are against this international trend, due to the fact that mismatch has increased steadily since the middle of the sixties.

Suggested Citation

  • Ochsen, Carsten, 2004. "On the Measurement of Mismatch," Thuenen-Series of Applied Economic Theory 44, University of Rostock, Institute of Economics.
    • Handle: RePEc:zbw:roswps:44
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    References listed on IDEAS

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    Cited by:

    1. Dag Kolsrud, 2018. "Mismatch in the Norwegian Labour Market 2003–2013: Did Immigrants Make a Difference?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 137(3), pages 979-997, June.
    2. Ochsen, Carsten, 2005. "Labour market institutions and unemployment revisited," Thuenen-Series of Applied Economic Theory 49, University of Rostock, Institute of Economics.

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    More about this item

    Keywords

    Mismatch; Beveridge-Curve; equilibrium unemployment;
    All these keywords.

    JEL classification:

    • J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
    • J69 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Other
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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