The Quality‐Weighted Matching Function: Did the German Labor Market Reforms Trade‐Off Efficiency against Job Quality?
通过质量加权的匹配函数评估德国2003-2005年劳动力市场改革,发现改革在提高匹配效率的同时牺牲了部分工作质量,但效率提升仍有半数以上与质量无关。
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.