Data for: The labor wedge as a matching friction

Abstract of associated article: We use a search and matching model to decompose the labor wedge into three classes of labor market frictions and evaluate their role for the labor wedge and unemployment. We find that there is an asymmetric effect of labor market frictions on the labor wedge and unemployment. While the wedge is to a large extent explained by changes in matching efficiency, unemployment is accounted for by the combination of frictions to matching efficiency, job destruction and bargaining. If search and matching frictions give rise to the labor wedge, then it is relevant for explaining unemployment mainly through changes in matching efficiency.

相关研究论文摘要：本文采用搜索与匹配模型（search and matching model）将劳动楔（labor wedge）拆解为三类劳动力市场摩擦，并评估各类摩擦对劳动楔与失业率的影响。研究发现，劳动力市场摩擦对劳动楔与失业率存在非对称效应：劳动楔在很大程度上可由匹配效率（matching efficiency）的变动所解释，而失业率则可由匹配效率、岗位破坏（job destruction）与议价行为（bargaining）三类摩擦共同解释。若搜索与匹配摩擦是劳动楔的产生根源，则劳动楔主要通过匹配效率的变动对失业率的解释发挥作用。