Building a composite Help-Wanted Index over 1951-2009

Barnichon, Regis (2009): Building a composite Help-Wanted Index over 1951-2009.

Abstract

This paper presents a measure of vacancy posting that captures the behavior of total --print and online-- help-wanted advertising. By modeling the share of online job advertising as the diffusion of a new technology --online job posting and job search-- I can combine information on both print and online help-wanted advertising. I use this consistent measure of vacancy posting over 1951-2009 to estimate the elasticity of the matching function and find an estimate of 0.58.

• Item Type: MPRA Paper
• Language: English
• Keywords: Vacancy posting, help-wanted advertising, online, newspaper
• Subjects: J - Labor and Demographic Economics > J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers > J63 - Turnover ; Vacancies ; Layoffs; J - Labor and Demographic Economics > J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers > J64 - Unemployment: Models, Duration, Incidence, and Job Search

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