Full Citation

Title: The Impact of Government Policy on the Matching Efficiency of Minnesota’s Labor Market

Citation Type: Dissertation/Thesis

Publication Year: 2018

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Abstract: Matching efficiency is one of the most important labor market indicators. It demonstrates how effectively the labor market matches unemployed workers to job vacancies. Various factors, including government policy, might have an impact on matching efficiency. The main objective of this thesis is to explore the influence of government policy on the matching efficiency of Minnesota in 1995-2017. The paper describes the process of calculating the monthly values of matching efficiency based on a Cobb-Douglas matching function with constant returns to scale. This empirically obtained variable is used for examining the relationship between the calculated matching efficiency of the labor market of Minnesota and elements of government policy. This research studies the impact of a minimum wage, government spending, refugee arrivals, and Medicaid enrollment on the state’s matching efficiency. Empirical analysis shows that only one investigated potential predictor of matching efficiency has a positive correlation with the response variable.

Url: http://repository.stcloudstate.edu/cgi/viewcontent.cgi?article=1011&context=econ_etds

User Submitted?: No

Authors: Azat, Nurmukhametov

Institution: St. Cloud State University

Department: Economics

Advisor: Mana Komai

Degree: Applied Economics: M.S.

Publisher Location: St. Cloud, MN

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Data Collections: IPUMS CPS

Topics: Labor Force and Occupational Structure, Migration and Immigration, Poverty and Welfare

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