{"title":"Estimating vacancies from firms’ hiring behavior: The case of a developing economy","authors":"L. Morales, José Lobo","doi":"10.3233/JEM-210473","DOIUrl":null,"url":null,"abstract":"We propose a procedure that allows recovering an estimate of vacancies from firms’ information on hires and separations. Using estimated vacancies, we analyze the aggregated behavior of vacancies for the Colombian labor market. In addition, we estimate matching functions to conclude that the matching formation process for the Colombian labor market is random; this finding support the idea that frictions are mainly due to informational restrictions, and not explained by a structural mismatch. Our method might be useful in developing economies, where there are no good official sources of information on the matter.","PeriodicalId":53705,"journal":{"name":"Journal of Economic and Social Measurement","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2021-02-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.3233/JEM-210473","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Economic and Social Measurement","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3233/JEM-210473","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 2
Abstract
We propose a procedure that allows recovering an estimate of vacancies from firms’ information on hires and separations. Using estimated vacancies, we analyze the aggregated behavior of vacancies for the Colombian labor market. In addition, we estimate matching functions to conclude that the matching formation process for the Colombian labor market is random; this finding support the idea that frictions are mainly due to informational restrictions, and not explained by a structural mismatch. Our method might be useful in developing economies, where there are no good official sources of information on the matter.
期刊介绍：
The Journal of Economic and Social Measurement (JESM) is a quarterly journal that is concerned with the investigation of all aspects of production, distribution and use of economic and other societal statistical data, and with the use of computers in that context. JESM publishes articles that consider the statistical methodology of economic and social science measurements. It is concerned with the methods and problems of data distribution, including the design and implementation of data base systems and, more generally, computer software and hardware for distributing and accessing statistical data files. Its focus on computer software also includes the valuation of algorithms and their implementation, assessing the degree to which particular algorithms may yield more or less accurate computed results. It addresses the technical and even legal problems of the collection and use of data, legislation and administrative actions affecting government produced or distributed data files, and similar topics. The journal serves as a forum for the exchange of information and views between data producers and users. In addition, it considers the various uses to which statistical data may be put, particularly to the degree that these uses illustrate or affect the properties of the data. The data considered in JESM are usually economic or social, as mentioned, but this is not a requirement; the editorial policies of JESM do not place a priori restrictions upon the data that might be considered within individual articles. Furthermore, there are no limitations concerning the source of the data.
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