文章基本信息

标题：Matching Function Elasticities on the Polish Labor Market with Respect to Stock and Flow Variables
其他标题：Elastyczność funkcji dopasowań na rynku pracy w Polsce
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作者：Ewa Gałecka-Burdziak
期刊名称：Gospodarka Narodowa
印刷版ISSN：2300-5238
出版年度：2012
卷号：255
期号：4
页码：109-126
DOI：10.33119/GN/101035
出版社：Warsaw School of Economics
摘要：The article is concerned with a process of adjustment between job seekers and vacancies on Poland’s labor market from 1998 to 2010.The process is known as labor market matching.The aim of the paper is to estimate matching function elasticities on the basis of quarterly data with respect to stock variables (unemployment stock and vacancy stock) and flow variables (unemployment inflow and vacancy inflow).The empirical analysis is based on estimates of both random and non-random matching function models, including temporal data aggregation, which makes it possible to determine the main determinants of job creation. The results confirm the importance of flow variables, while not disproving the assumptions of the random matching model, the author says.The latter model may apply to those matches where luck is a key factor in gathering information about job offers, Gałecka-Burdziak adds. The parameter estimates made by the author suggest constant returns to scale.The matching function elasticities in random matching are around 0.6-0.7 with respect to the unemployment stock and 0.3 for the vacancy stock.In the case of non-random matching elasticities, the figures are around 0.6 and 0.1 for the stock variables – unemployment and vacancy respectively – and 0.25 and 0.15 for the inflow of the unemployed and vacancies respectively.
关键词：matching function; random matching; stock-flow matching; temporal data aggregation