Bossler, Mario; Popp, Martin - 2023
instruments to the universe of administrative employment data on Germany. In line with theory, the IV results suggest that a 10 … percent increase in labor market tightness reduces firms' employment by 0.5 percent. When accounting for search externalities …-post evaluations. Moreover, the doubling of tightness between 2012 and 2019 led to a significant slowdown in employment growth by 1 …