ISSN: 0137-3056


MoSaHE points:

13



Editor in chief:
prof. dr hab. Tomasz Żylicz
tzylicz@wne.uw.edu.pl

Editorial assistant:
Marta Höffner
ekonomia@wne.uw.edu.pl
(48) 22 55 49 184

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Underestimated or Overestimated: Matching Funtion Elasticities Biased Due to Worker Inflows and Outflows

E. Gałecka-Burdziak

ABSTRACT: Matching function elasticities are biased, that is, underestimated or overestimated, if inflows and outflows of job seekers are omitted. I analyse mathematically the direction of this bias and estimate parameters for random, stock-flow and job queuing models, adjusted econometrically for the temporal aggregation bias in the data. I analyse various sets of endogenous and exogenous variables from registered unemployment data in Poland. Estimates show that unemployment affects matching more than discouragement, and that unemployment stock elasticity is underestimated if discouraged workers are neglected.

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Issue number: 47

In this issue:

Underestimated or Overestimated: Matching Funtion Elasticities Biased Due to Worker Inflows and Outflows
E. Gałecka-Burdziak
ABSTRACT | PDF
Do Entrants Take It All? The Evolution of Task Content of Jobs in Poland
W. Hardy, R. Keister, P. Lewandowski
ABSTRACT | PDF
Does It Pay to Invest in the Education of Children?
J. Liwiński, E. Bedyk
ABSTRACT | PDF
Applying Exogenous Variables and Regime Switching to Multi-Factor Models on Equity Indices
P. Sakowski, R. Ślepaczuk, M. Wywiał
ABSTRACT | PDF
Aggregation with a Double Non-Convex Labor Supply Decision: Indivisible Private- and Public-Sector Hours
A. Vasilev
ABSTRACT | PDF
Revisiting Conventional Wisdom: Does Financialization Have to Leave Sovereigns Subordinated?
A. Ząbkowicz, S. Czech
ABSTRACT | PDF
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