Scandinavian Working Papers in Economics
Working Paper Series,
Stockholm University, Swedish Institute for Social Research
No 8/2000: Job Openings, Hirings, and Unmet Demand: A New Approach to the Matching Function and the Beveridge Curve
Ante Farm ()
Additional contact information
Ante Farm: Swedish Institute for Social Research, Stockholm University, Postal: SE-106 91 Stockholm, Sweden
Abstract: Firms create ‘vacancies’ in one sense (recruitment processes) in order to avoid ‘vacancies’ in another sense (unmet demand). The paper clarifies the different roles of these two concepts in labour market analysis, not only when interpreting Beveridge curves and matching functions, but also when analysing the effect of recruitment problems on employment at the firm level.
Keywords: Vacancies; unemployment; Beveridge curve; matching function; search effectiveness
30 pages, December 6, 2000
Full text files
FULLTEXT01.pdf
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