Research Repository

Understanding the Matching Function: The Role of Newspapers and Job Agencies

Coles, M (1994) Understanding the Matching Function: The Role of Newspapers and Job Agencies. UNSPECIFIED. CEPR Discussion Papers.

Full text not available from this repository.

Abstract

This paper provides a microeconomic model of matching which implies that the standard, reduced form approach, is misspecified. A simple model is analysed (with help-wanted/employment-needed advertising) where the matching rate depends not only on the stocks of unemployed and vacancies in the market, but also on the flows of new vacancies and new job seekers. The model is consistent with the empirical fact that one-quarter of all new vacancies posted in a job centre are filled the same day.

Item Type: Monograph (UNSPECIFIED)
Uncontrolled Keywords: Job Centres; Matching; Returns to Scale
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 05 Jan 2013 19:12
Last Modified: 17 Aug 2017 18:04
URI: http://repository.essex.ac.uk/id/eprint/4898

Actions (login required)

View Item View Item