The Quality‐Weighted Matching Function: Did the German Labor Market Reforms Trade‐Off Efficiency against Job Quality?

B-Tier
Journal: Journal of Money, Credit, and Banking
Year: 2024
Volume: 56
Issue: 7
Pages: 1905-1914

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We evaluate the quantity–quality trade‐off on the labor market by estimating an augmented matching function weighting the matches by quality measures. We use the approach to evaluate the German labor market reforms conducted between 2003 and 2005. Indeed, we find a significant quantity–quality trade‐off. However, even after controlling for job quality, a good half of the positive effect of the reforms on matching efficiency remains.

Technical Details

RePEc Handle
repec:wly:jmoncb:v:56:y:2024:i:7:p:1905-1914
Journal Field
Macro
Author Count
3
Added to Database
2026-01-25