Unemployment dynamics and labour market tightness: An empirical evaluation of matching function models
总结了匹配函数模型对劳动力市场紧度与就业转换概率关系的理论含义，并使用加拿大三个省份的月度数据，通过灵活回归方法检验这些含义，发现理论与实证大致吻合，非线性证据支持搜索理论模型。
Abstract The implications of matching function models for the relationship between labour market tightness and the transition probability into employment are summarized. These implications are then tested using monthly data for three Canadian provinces: British Columbia, Ontario, and Quebec. Testing methods use flexible regression techniques so as to reduce the effect of any extraneous restrictions. The results show rough concordance between theoretical assumptions and empirical facts. Evidence of non‐linearity in the estimated relationships favours a search‐theoretic model of labour markets over one based on queues and some quantitative results offer guidance to those using ‘calibrated’ search models in theoretical analysis.