Why is labour productivity so weak?
My favourite post. Do you have an idea how we can actually measure the value of a match?
Good question. It is a hard thing - we have an initial stab in the appendix to this work here using an AKM model with estimated match effects (https://e61.in/wp-content/uploads/2023/11/Appendix-Lessons-from-JobKeeper.pdf) ... could be a fun topic for a future post!
Very keen to do a lot more work on this at the future, as understanding more about the quality of job matches is very much my tea. Just need to find a bit of time - perhaps in a year I'll have some good data for you :)
My favourite post. Do you have an idea how we can actually measure the value of a match?
Good question. It is a hard thing - we have an initial stab in the appendix to this work here using an AKM model with estimated match effects (https://e61.in/wp-content/uploads/2023/11/Appendix-Lessons-from-JobKeeper.pdf) ... could be a fun topic for a future post!
Very keen to do a lot more work on this at the future, as understanding more about the quality of job matches is very much my tea. Just need to find a bit of time - perhaps in a year I'll have some good data for you :)