Estimating the probability of a match using micro-economic data for the youth labour market
In this paper we estimate the probability of a match for contacts between job seekers and vacancies. We relate the determinants of a match to the characteristics of the job seeker, the vacancy, and aggregate labour market conditions. Our main results are: ethnic minorities are discriminated against but women are not; employers 'cream' the market and job seekers are ranked by their labour market status; high wage earners have a lower probability of a match; the probability of filling a job vacancy falls with duration; and the higher the stock of unemployed youths in a labour market, the lower the matching probability.
matching probability, two-sided search, youth labour market
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