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dc.contributor.authorFitzenberger, Bernden
dc.contributor.authorFurdas, Marinaen
dc.date.accessioned2012-04-13-
dc.date.accessioned2012-04-18T11:42:55Z-
dc.date.available2012-04-18T11:42:55Z-
dc.date.issued2012-
dc.identifier.piurn:nbn:de:bsz:180-madoc-322073en
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
dc.language.isoengen
dc.publisher|aZentrum für Europäische Wirtschaftsforschung (ZEW) |cMannheimen
dc.relation.ispartofseries|aZEW Discussion Papers |x12-023en
dc.subject.jelC14en
dc.subject.jelJ68en
dc.subject.jelR50en
dc.subject.ddc330en
dc.subject.keywordmatching functionen
dc.subject.keywordregional employment officesen
dc.subject.keywordperformance measurementen
dc.subject.keywordnonparametric matchingen
dc.subject.keywordconditional quantile positionsen
dc.titleBenchmarking regions: Estimating the counterfactual distribution of labor market outcomes-
dc.typeWorking Paperen
dc.identifier.ppn690110170en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:zewdip:12023en

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