Research Repository

A test between stock-flow matching and the random matching function approach

Coles, M and Petrongolo, B (2008) 'A test between stock-flow matching and the random matching function approach.' International Economic Review, 49 (4). 1113 - 1141. ISSN 0020-6598

Full text not available from this repository.

Abstract

This article tests between the standard "random matching function" approach and "stock-flow" matching while controlling for temporal aggregation bias. Consistent with previous empirical work, the random matching function fits the matching data reasonably well. But match flows are more highly correlated with vacancy inflows than is consistent with the random matching approach. Instead the data support stock-flow matching, where unemployed workers match directly with suitable new vacancies as such vacancies come on to the market. © (2008) by the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences > Economics, Department of
Depositing User: Jim Jamieson
Date Deposited: 05 Jan 2013 16:36
Last Modified: 04 Feb 2019 11:15
URI: http://repository.essex.ac.uk/id/eprint/4917

Actions (login required)

View Item View Item