Nonparametric Estimation of Matching Efficiency and Elasticity on a Private On-the-Job Search Platform: Evidence from Japan, 2014-2024
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arXiv
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| Format: | Preprint |
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2024
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| _version_ | 1866908658023006208 |
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| author | Otani, Suguru |
| author_facet | Otani, Suguru |
| contents | I analyze proprietary data from BizReach (2014-2024) to estimate the matching function for high-skill workers on a private on-the-job search platform using Lange and Papageorgiou (2020) nonparametric approach. Comparing it to Hello Work, I find that matching efficiency on the private platform is both more volatile and higher, reflecting its growing popularity. Matching elasticity with respect to users is around 0.75 , while for vacancies, it reaches 1.0 , suggesting a more balanced elasticity than Hello Work. The study also uncovers industry-level heterogeneity, highlighting differences in matching dynamics across sectors. |
| format | Preprint |
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arxiv_https___arxiv_org_abs_2410_17011 |
| institution | arXiv |
| publishDate | 2024 |
| record_format | arxiv |
| spellingShingle | Nonparametric Estimation of Matching Efficiency and Elasticity on a Private On-the-Job Search Platform: Evidence from Japan, 2014-2024 Otani, Suguru General Economics Economics I analyze proprietary data from BizReach (2014-2024) to estimate the matching function for high-skill workers on a private on-the-job search platform using Lange and Papageorgiou (2020) nonparametric approach. Comparing it to Hello Work, I find that matching efficiency on the private platform is both more volatile and higher, reflecting its growing popularity. Matching elasticity with respect to users is around 0.75 , while for vacancies, it reaches 1.0 , suggesting a more balanced elasticity than Hello Work. The study also uncovers industry-level heterogeneity, highlighting differences in matching dynamics across sectors. |
| title | Nonparametric Estimation of Matching Efficiency and Elasticity on a Private On-the-Job Search Platform: Evidence from Japan, 2014-2024 |
| topic | General Economics Economics |
| url | https://arxiv.org/abs/2410.17011 |