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dc.contributor.authorFitzenberger, Bernden_US
dc.contributor.authorFurdas, Marinaen_US
dc.date.accessioned2012-04-13en_US
dc.date.accessioned2012-04-18T11:42:55Z-
dc.date.available2012-04-18T11:42:55Z-
dc.date.issued2012en_US
dc.identifier.piurn:nbn:de:bsz:180-madoc-322073-
dc.identifier.urihttp://hdl.handle.net/10419/57185-
dc.description.abstractThis paper develops and implements a new benchmarking approach for labor market regions. Based on panel data for regions, we use nonparametric matching techniques to account for observed labor market characteristics and for spatial proximity. As the benchmark, we estimate the counterfactual distribution of labor market outcomes for a region based on outcomes of similar regions. This allows to measure both the rank (relative performance) and the absolute performance based on the actual outcome for a region. Our outcome variable of interest is the hiring rate among the unemployed. We implement different similarity measures to account for differences in labor market conditions and spatial proximity, and we choose the tuning parameters in our matching approach based on a cross-validation procedure. The results show that both observed labor market characteristics and spatial proximity are important features to successfully match regions. Specifically, the modified Zhao (2004) distance measure and geographic distance in logs work best in our applications. Our estimated performance measures remain quite stable over time.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 12-023en_US
dc.subject.jelC14en_US
dc.subject.jelJ68en_US
dc.subject.jelR50en_US
dc.subject.ddc330en_US
dc.subject.keywordmatching functionen_US
dc.subject.keywordregional employment officesen_US
dc.subject.keywordperformance measurementen_US
dc.subject.keywordnonparametric matchingen_US
dc.subject.keywordconditional quantile positionsen_US
dc.titleBenchmarking regions: Estimating the counterfactual distribution of labor market outcomesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn690110170en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
dc.identifier.repecRePEc:zbw:zewdip:12023-
Appears in Collections:ZEW Discussion Papers
Publikationen von Forscherinnen und Forschern des ZEW

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