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Erschienen in:
1992 | OriginalPaper | Buchkapitel
Extensions of the Basic Matching Model
verfasst von : Univ. Doz. Dr. Josef Christl
Erschienen in: The Unemployment/Vacancy Curve
Verlag: Physica-Verlag HD
Enthalten in: Professional Book Archive
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So far, we assumed in our analysis of the matching process thatfirstly, the contact probability c, which is the probability that a job seeker will find at least one particular unfilled vacancy, is a function of unemployment and vacancies only andsecondly, the acceptance probability r, which is the conditional probability that a match is formed if a contact between a job seeker and a vacancy takes place, is exogenously given.