TY  - RPRT
        AU  - Fahr, René
AU  - Sunde, Uwe
        TI  - Estimations of Occupational and Regional Matching Efficiencies Using Stochastic Production Frontier Models
        PY  - 2002/Aug/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 552
        UR  - https://www.iza.org/index.php/publications/dp552
        AB  - By applying a stochastic production frontier approach to the matching process of unemployed
and vacancies, this paper provides novel detailed insights into the process of job creation.
For different labor markets as defined by occupation and region, the methodology produces
estimates of the relative importance of demand and supply factors for the creation of new
jobs, and of the overall efficiency of job creation. Some crucial determinants of the overall
matching efficiency are identified and analyzed. This allows to make differentiated statements
about the appropriateness of labor market policies, and therefore provides policy makers with
novel relevant information.

        KW  - occupational unemployment
KW  - stochastic frontier
KW  - matching efficiency
KW  - regional unemployment
        ER  -