Estimating matching functions when recruiting intensity matters

Bertil Holmlund

Applied Economics Letters, 2018, vol. 25, issue 17, 1212-1217

Abstract: The article estimates matching functions – the relationships between new hires, job vacancies and unemployment – using monthly time series data for Sweden. The data contain rich information on types of job vacancies which provides information on firms’ recruiting efforts. The analysis shows that the aggregate flow of new hires is well explained by an augmented version of a standard matching function that incorporates data on firms’ recruiting intensity.

Date: 2018
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DOI: 10.1080/13504851.2017.1412066

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