(In)Efficiency of matching: the case of a post-transition economy

摘要

The aim of this paper is twofold. First, we provide estimates of the evolution in matching efficiencies in Poland, demonstrating decrease in estimated efficiency scores. These trends are accompanied by decreasing outputs in the matching function, as well as the lowering of the elasticities. Second, we relate the estimated efficiency scores to the use of active labour market measures. We find that job brokering intensity is conducive to matching efficiency, but active labour market policies coverage in general is not.