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ABSTRACT The US has witnessed an unprecedented period of employment expansion following the 2008/09 recession. This article uses a Beveridge curve approach to estimate US labour matching efficiency over the… Click to show full abstract
ABSTRACT The US has witnessed an unprecedented period of employment expansion following the 2008/09 recession. This article uses a Beveridge curve approach to estimate US labour matching efficiency over the course of the last decade. It then analyses the effect of increasing employment on this efficiency. The results show that employment and labour market efficiency are co-integrated and as employment rises the efficiency of the matching process decreases.
Keywords:
high levels;
levels employment;
matching efficiency;
efficiency;
employment;
labour matching
Journal Title: Applied Economics Letters
Year Published: 2019
Link to full text (if available)
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Journal Title: Applied Economics Letters
Year Published: 2019
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!