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Discussion Papers In Economics And Business. 2012, 11-07-Rev.

Measuring Search Frictions Using Japanese Microdata

Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University

英語

text

2012-05

http://www2.econ.osaka-u.ac.jp/library/global/dp/1107R.pdf

* Revised: [11-07, 2011]

This paper estimates matching functions to measure search frictions in theJapanese labor market and presents determinants of search duration to explain the effectof unemployment benefits on a job seeker's behavior. We employ administrative microdata that track the job search process of individuals who left or lost their job in August2005 and subsequently registered at their local public employment service. Our findingis that the matching function would exhibit decreasing returns-to-scale for job seekersand vacancies, rather than constant return-to-scale. We also find that generousunemployment benefits lengthen (shorten) the duration of job search for job seekerswho voluntarily (involuntarily) leave employment.

13372

Measuring Search Frictions Using Japanese Microdata

Graduate School of Economics and Osaka School of International Public Policy (OSIPP), Osaka University

英語

2012-05

Discussion Papers In Economics And Business

11-07-Rev.

https://hdl.handle.net/11094/13372

http://www2.econ.osaka-u.ac.jp/library/global/dp/1107R.pdf