Table 1 Matching function estimation
| Â | Model 1 (OLS) | Model 2 (GMM) |
|---|---|---|
\(\ln \lambda _{t}^{UE}\) | \(\ln \lambda _{t}^{UE}\) | |
ln (tightness) | 0.1546*** (3.74) | 0.1691 (4.46) |
Constant | −1.1823*** (-14.81) | −0.4005*** (-16.13) |
Observations | 51 | 49 |
| Â | Model 1 (OLS) | Model 2 (GMM) |
|---|---|---|
\(\ln \lambda _{t}^{UE}\) | \(\ln \lambda _{t}^{UE}\) | |
ln (tightness) | 0.1546*** (3.74) | 0.1691 (4.46) |
Constant | −1.1823*** (-14.81) | −0.4005*** (-16.13) |
Observations | 51 | 49 |