Measuring Search Frictions Using Japanese Microdata

Masaru Sasaki, Miki Kohara, Tomohiro Machikita

    Publikation: Working paperForskning

    Abstrakt

    This paper estimates matching functions to measure search frictions in the
    Japanese labor market and presents determinants of search duration to explain the effect of unemployment benefits on a job seeker’s behavior. We employ administrative micro data that track the job search process of individuals who left or lost their job in August 2005 and subsequently registered at their local public employment service. Our finding is that the matching function would exhibit decreasing returns-to-scale for job seekers and vacancies, rather than constant return-to-scale. We also find that generous unemployment benefits lengthen (shorten) the duration of job search for job seekers who voluntarily (involuntarily) leave employment.
    OriginalsprogEngelsk
    UdgivelsesstedOsaka
    UdgiverOsaka University
    Antal sider34
    StatusUdgivet - maj 2012
    NavnDiscussion Papers In Economics And Business
    Nummer11-07-Rev.

    Emneord

    • Job Search
    • Matching Model
    • Unemployment
    • Unemployment Benefits

    Citationsformater