Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/78278
Authors: 
Ochsen, Carsten
Year of Publication: 
2004
Series/Report no.: 
Thünen-Series of Applied Economic Theory 44
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.
Subjects: 
Mismatch
Beveridge-Curve
equilibrium unemployment
JEL: 
J41
J69
E24
Document Type: 
Working Paper

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