“…Our interest lies in the distribution of matching wedges, guided by scale parameter σ, that rationalizes observed workerjob matching patterns in a given country. In this sense, we conduct a positive accounting exercise within an equilibrium model, in the spirit of the literature on distortionary wedges in other areas of macroeconomics (Chari et al, 2007;Restuccia and Rogerson, 2008;Hsieh and Klenow, 2009;Hopenhayn, 2014;Hsieh et al, 2019;Birinci et al, 2024).…”