Job Matching on non-separated Occupational Labour Markets

Michael Stops

VfS Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis from Verein für Socialpolitik / German Economic Association

Abstract: This work refers to analyses of matching processes on occupational labour markets in Germany. Up to now, all studies in this field are based on the crucial assumption of separate occupational labour markets. I outlined some theoretical considerations that occupational markets are probably not completely separated. By using information about similarities of occupational groups I constructed an "occupational topology" and finally tested my hypothesis of non-separated occupational labour markets with Spatial Econometric Estimators, particularly with a restricted version of a Spatial Durbin Model that includes “spatial” lags for regressors. The results show considerable dependencies between similar occupational groups in the matching process. Particularly, the results indicate occupational specific set-up and set-down processes in similar occupational groups. This has important implications for estimating the matching efficiencies of unemployed and vacancies, because the matching process is not only determined by the unemployed and vacancies in the same occupational group but also by those in other occupational groups.

Keywords: Unemployment; Vacancies; Matching Model; Panel data; Occupational Labour Markets (search for similar items in EconPapers)
JEL-codes: C21 J44 J64 (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Working Paper: Job Matching on non-separated Occupational Labour Markets (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc11:49161

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