Konferenzbeitrag
Regional Matching Frictions and Aggregate Unemployment
The study shows that a stochastic frontier approach applied to regional level data offers a convenient and interesting method to examine how regional differences in matching efficiency and structural factors contribute to aggregate unemployment. The study finds notable and time-wise stable differences in the matching efficiency across travel-to-work areas in Finland. If all areas were as efficient as the most efficient one, the number of hires would increase about 40 per cent. This would decrease the aggregate unemployment rate from the current 8.5 percent level to 6.0 per cent. If all the areas shared the same structural characteristics as the most favourable area, the aggregate unemployment rate would drop to 7.1 per cent.
- Language
-
Englisch
- Bibliographic citation
-
Series: 46th Congress of the European Regional Science Association: "Enlargement, Southern Europe and the Mediterranean", August 30th - September 3rd, 2006, Volos, Greece
- Classification
-
Wirtschaft
- Event
-
Geistige Schöpfung
- (who)
-
Hynninen, Sanna-Mari
Kangasharju, Aki
Pehkonen, Jaakko
- Event
-
Veröffentlichung
- (who)
-
European Regional Science Association (ERSA)
- (where)
-
Louvain-la-Neuve
- (when)
-
2006
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Konferenzbeitrag
Associated
- Hynninen, Sanna-Mari
- Kangasharju, Aki
- Pehkonen, Jaakko
- European Regional Science Association (ERSA)
Time of origin
- 2006