Aggregate job matching and returns to scale in Germany

被引:9
|
作者
Gross, DM
机构
关键词
aggregate matching; unemployment; vacancies; returns to scale;
D O I
10.1016/S0165-1765(97)81907-6
中图分类号
F [经济];
学科分类号
02 ;
摘要
It is found that, in 1984, the German matching function shifted from increasing to constant or even decreasing returns to scale. Such a regime-shift is consistent with a move from a multiple-equilibria environment to a single-equilibrium state where policies lose effectiveness. (C) 1997 Elsevier Science S.A.
引用
收藏
页码:243 / 248
页数:6
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