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Marketplace matching in Britain: Evidence from individual unemployment spells

Kuo, M and Smith, E (2009) 'Marketplace matching in Britain: Evidence from individual unemployment spells.' Labour Economics, 16 (1). pp. 37-46. ISSN 0927-5371

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Abstract

This paper investigates job matching patterns in Great Britain. Evidence from individual transitions out of unemployment demonstrates that recently unemployed workers are likely to find jobs in the existing stock of vacancies. If, however, they are unlucky and fail to match early on, job seekers cease matching with existing vacancies. Workers with longer unemployment spells instead form matches with the flow of new vacancies. This pattern is more pronounced for workers who experienced only short spells of employment prior to their current job search. This evidence provides robust support for stock-flow matching but is difficult to reconcile with random matching.

Item Type: Article
Uncontrolled Keywords: Unemployment duration; Stock-flow market
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences
Faculty of Social Sciences > Economics, Department of
SWORD Depositor: Elements
Depositing User: Elements
Date Deposited: 29 Jun 2012 20:08
Last Modified: 06 Jan 2022 13:30
URI: http://repository.essex.ac.uk/id/eprint/2673

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