Gartner, Hermann and Rothe, Thomas and Weber, Enzo (2023) The Quality-Weighted Matching Function: Did the German Labor Market Reforms Trade-Off Efficiency against Job Quality? JOURNAL OF MONEY CREDIT AND BANKING. ISSN 0022-2879, 1538-4616
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We evaluate the quantity-quality trade-off on the labor market by estimating an augmented matching function weighting the matches by quality measures. We use the approach to evaluate the German labor market reforms conducted between 2003 and 2005. Indeed, we find a significant quantity-quality trade-off. However, even after controlling for job quality, a good half of the positive effect of the reforms on matching efficiency remains.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | BEVERIDGE CURVE; UNEMPLOYMENT; DYNAMICS; TERM; matching approach; quantity-quality trade-off; labor market reforms; Germany |
| Subjects: | 300 Social sciences > 330 Economics |
| Divisions: | Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Empirische Wirtschaftsforschung, insbesondere Makroökonomie und Arbeitsmarkt (Prof. Dr. Enzo Weber) |
| Depositing User: | Dr. Gernot Deinzer |
| Date Deposited: | 22 Mar 2024 11:21 |
| Last Modified: | 22 Mar 2024 11:23 |
| URI: | https://pred.uni-regensburg.de/id/eprint/59835 |
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