Estimating Regional Matching Efficiency In The Indian Labor Market
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| Author | : Ung Yi |
| Publisher | : |
| Total Pages | : 45 |
| Release | : 2015 |
| Genre | : Labor market |
| ISBN | : 9788932242514 |
Download Estimating Regional Matching Efficiency in the Indian Labor Market Book in PDF, Epub and Kindle
We analyze state-level matching efficiency in the Indian labor market using stochastic frontier analysis. The key contribution of this research is the estimation of matching efficiency at the state level because the estimates can be used for a state-level measure of labor market conditions. Next, we explore the relation between estimated matching efficiency and population density (or labor market flexibility. The results show that matching efficiency is heterogeneous across states with considerable variation in accordance with the regional diversity in India. However, we find that there is no relationship between the estimated matching efficiency and the well-known labor market conditions of interest. The correlations are either close to zero or not statistically significant, suggesting that other regional diversity may affect mathching efficiency in India.
| Author | : Lee Woong |
| Publisher | : |
| Total Pages | : 45 |
| Release | : 2015 |
| Genre | : Labor market |
| ISBN | : 9788932240268 |
Download Estimating Regional Matching Efficiency in the Indian Labor Market Book in PDF, Epub and Kindle
We analyze state-level matching efficiency in the Indian labor market using stochastic frontier analysis. The key contribution of this research is the estimation of matching efficiency at the state level because the estimates can be used for a state-level measure of labor market conditions. Next, we explore the relation between estimated matching efficiency and population density (or labor market flexibility. The results show that matching efficiency is heterogeneous across states with considerable variation in accordance with the regional diversity in India. However, we find that there is no relationship between the estimated matching efficiency and the well-known labor market conditions of interest. The correlations are either close to zero or not statistically significant, suggesting that other regional diversity may affect mathching efficiency in India.
| Author | : Lee Woong |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2015 |
| Genre | : Labor market |
| ISBN | : 9788932240268 |
Download Estimating Regional Matching Efficiency in the Indian Labor Market Book in PDF, Epub and Kindle
We analyze state-level matching efficiency in the Indian labor market using stochastic frontier analysis. The key contribution of this research is the estimation of matching efficiency at the state level because the estimates can be used for a state-level measure of labor market conditions. Next, we explore the relation between estimated matching efficiency and population density (or labor market flexibility. The results show that matching efficiency is heterogeneous across states with considerable variation in accordance with the regional diversity in India. However, we find that there is no relationship between the estimated matching efficiency and the well-known labor market conditions of interest. The correlations are either close to zero or not statistically significant, suggesting that other regional diversity may affect mathching efficiency in India.
| Author | : |
| Publisher | : |
| Total Pages | : |
| Release | : 2015 |
| Genre | : |
| ISBN | : 9788932240268 |
Download Estimating Regional Matching Efficiency in the Indian Labor Market Book in PDF, Epub and Kindle
| Author | : Woong Lee |
| Publisher | : |
| Total Pages | : 55 |
| Release | : 2015-05-01 |
| Genre | : |
| ISBN | : 9788932242477 |
Download Labor Market Flexibility and Different Job-Matching Technologies across Regions in India(KIEP Workin Book in PDF, Epub and Kindle
| Author | : Woong Lee |
| Publisher | : |
| Total Pages | : 67 |
| Release | : 2015 |
| Genre | : |
| ISBN | : |
Download Labor Market Flexibility and Different Job-Matching Technologies Across Regions in India Book in PDF, Epub and Kindle
This paper examines the relationship between labor market flexibility and matching function efficiency in India. With state-level disaggregated data, the matching function in India is estimated to investigate differences in the matching function efficiency across regions of different labor market flexibility. In addition, matching parameters are estimated in the respective regions that categorized by the degree of labor market flexibility. It is the first original work that uses state-level data to estimate matching function in India. The data are drawn from Employment Exchange in India, the only public job centre in this country. The results show that there is no link between labor market flexibility and matching function efficiency. The evidence indicates that regions having inflexible labor markets reveal entirely vacancy-driven job matching process, which implies lack of labor demand. For these regions, it is recommended that policies to boost labor demand such as employment subsidies are appropriate to create more employment.
| Author | : Pekka Ilmakunnas |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2003 |
| Genre | : |
| ISBN | : |
Download Regional Labour Market Matching Functions and Efficiency Analysis Book in PDF, Epub and Kindle
Stochastic production frontiers are used for estimating regional matching functions where unemployment outflow is 'produced' by the unemployed and vacancies. The frontier is estimated using regional panel data from Finland from 1988 to 1997 and the Battese and Coelli frontier model, where the explanatory factors are included in the inefficiency term. The stochastic frontier matching function has constant returns, whereas in OLS estimation with fixed effects the returns are slightly increasing. Unemployment and vacancies in neighbouring regions have a spillover effect on efficiency. Excess job reallocation in a region deteriorates matching efficiency. The decomposition of total factor productivity change in matching to efficiency change and change in matching technology is also investigated by interpreting the matching frontier as a distance function and using Malmquist indexes. There is a downward trend in the technology, but short-term variations are dominated by cyclical changes in efficiency.
| Author | : Fabian Lange |
| Publisher | : |
| Total Pages | : 37 |
| Release | : 2020 |
| Genre | : Job vacancies |
| ISBN | : |
Download Beyond Cobb-Douglas Book in PDF, Epub and Kindle
Exploiting results from the literature on non-parametric identification, we make three methodological contributions to the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires. First, we show how to non-parametrically identify the matching function. Second, we estimate the matching function allowing for unobserved matching efficacy, without imposing the usual independence assumption between matching efficiency and search on either side of the labor market. Third, we allow for multiple types of jobseekers and consider an "augmented” Beveridge curve that includes them. Our estimated elasticity of hires with respect to vacancies is procyclical and varies between 0.15 and 0.3. This is substantially lower than common estimates suggesting that a significant bias stems from the commonly-used independence assumption. Moreover, variation in match efficiency accounts for much of the decline in hires during the Great Recession.
| Author | : René Fahr |
| Publisher | : |
| Total Pages | : 32 |
| Release | : 2002 |
| Genre | : |
| ISBN | : |
Download Estimations of Occupational and Regional Matching Efficiencies Using Stochastic Production Frontier Models Book in PDF, Epub and Kindle
| Author | : Pierre-Richard Agénor |
| Publisher | : International Monetary Fund |
| Total Pages | : 98 |
| Release | : 1995-11-01 |
| Genre | : Business & Economics |
| ISBN | : 1451854781 |
Download The Labor Market and Economic Adjustment Book in PDF, Epub and Kindle
This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.
