Matching Function

Matching Function

The mathematical relationship between the number of unemployed persons who find jobs and the number of jobs available over time. It is used in the study of frictional unemployment, which is unemployment experienced by those who have lost their positions and are actively looking for another. See also: Christopher Pissarides.
Mentioned in ?
References in periodicals archive ?
As evident from equation 5, which defines the Beveridge curve, as long as s is fixed, the only way for the Beveridge curve to shift is if the matching function m(u,v) itself somehow changes.
Chan, "On using lsb matching function for data hiding in pixels," Fundamenta Informaticae, vol.96, pp.49-59, 2009.
The number of newly-hired workers ([M.sub.t]) is a function of the number of job seekers ([S.sub.t]) and the number of vacancies ([V.sub.t]), which are combined using a "matching function".
Input: the standard piece data % Output: the diverse divided piece y Process: (1) Initialization (2) Compute the histogram normalization Ms and Mc (3) Compute the similarity specific value function m m = [M.sub.s] x [log.sub.2] ([M.sub.s]/[M.sub.c]) (4) Compute the similarity matching function S [MATHEMATICAL EXPRESSION NOT REPRODUCIBLE IN ASCII] (5) Determine the similarity matching of x and y, and choose the diverse divided piece y Considering the changes of surrounding, we capture one image data as the standard data once in a while and set other image data as the compared data.
Similarity measure based on matching function by using interval neutrosophic sets:
There is a time-consuming and costly process of matching workers and job vacancies, captured by a standard constant-returns-to-scale matching function m(u, v) = [m.sub.o][u.sup.[eta]][v.sup.1-[eta]], where u denotes the unemployment rate, v is vacancy rate, and [eta] and [m.sub.o] are the function parameters.
Earlier studies used aggregate time series data to estimate a single matching function for the labour market.
The project will support the company to attain a better version platform with sophisticated matching function and to have better and more tools for the videos.
To assess whether choice among games during the economic recession was described by a matching function, estimates of the relative average odds of winning any prize within a game (as a measure of rate of reinforcement) were compared to the relative average weekly sales drawn by that game (as a measure of behavior) during 2009, the year in which the recession made its greatest impact on the economy.
The new software continues a focus on streamlined functionality and ease-of-use as it features single button measurements and has made the unique spectrum matching function an optional approach (turned on or off by the user).
Her article differs from ours in that it introduces increasing returns in the matching function, which is a well-known mechanism to generate multiplicity in DSGE models (see Farmer and Guo [1994]).
Proposition 2 considers a special case explored by Hosios (1990), where the sharing parameter [beta] is related to the elasticity of the matching function. Hosios (1990) finds that if the elasticity of the matching technology is the same as the worker's degree of bargaining power, the supply of job vacancies is efficient without any taxes or government transfers.

Site: Follow: Share:
Open / Close