Rebien, Martina; Stops, Michael; Zaharieva, Anna - 2017
costless informal channel, i.e. referrals. There is a continuum of heterogeneous vacancies in our model where every frm with an …'s size and formal search intensity can also be observed for firms that don't use referrals; (4) Firms that use referrals as a … search channel invest less effort into formal search compared to firms that don't use referrals; (5) Larger firms are less …