|
EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/51741
|
| | |
| Title: | | Accounting for endogenous search behavior in matching function estimation  |
| Authors: | | Borowczyk Martins, Daniel Jolivet, Grégory Postel-Vinay, Fabien |
| Issue Date: | | 2011 |
| Series/Report no.: | | Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5807 |
| Abstract: | | We show that equilibrium matching models imply that standard estimates of the matching function elasticities are exposed to an endogeneity bias, which arises from the search behavior of agents on either side of the market. We offer an estimation method which, under certain assumptions, is immune from that bias. Application of our method to the estimation of a basic version of the matching function using aggregate U.S. data from the Job Openings and Labor Turnover Survey (JOLTS) suggests that the bias is quantitatively important. |
| Subjects: | | matching function estimation unemployment vacancies job finding |
| JEL: | | J63 J64 |
| Persistent Identifier of the first edition: | | urn:nbn:de:101:1-20110629963 |
| Document Type: | | Working Paper |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/51741
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|