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, we connect the fact that shrinking establishments post more vacancies and are less selective than those with a constant …
Persistent link: https://www.econbiz.de/10012425590
Recruitment behavior is important for the matching process in the labor market. Using unique linked survey …-administrative data, we explore the relationships between hiring and recruitment policies. Faster hiring goes along with higher search … directed search model in which firms use different recruitment margins in response to productivity shocks. The calibrated model …
Persistent link: https://www.econbiz.de/10012833745
Recruitment behavior is important for the matching process in the labor market. Using unique linked survey …-administrative data, we explore the relationships between hiring and recruitment policies. Faster hiring goes along with higher search … directed search model in which firms use different recruitment margins in response to productivity shocks. The calibrated model …
Persistent link: https://www.econbiz.de/10012227639
unusually informative data comprising detailed information on vacancies, the establishments posting the vacancies and the … workers eventually filling the vacancies. We find that vacancy durations are negatively correlated with the starting wage and … confirm previous findings that growing establishments fill their vacancies faster. To understand the relationship between …
Persistent link: https://www.econbiz.de/10012892235
In recessions, unemployment increases despite the—perhaps counterintuitive—fact that thenumber of unemployed workers finding jobs expands. On net, unemployment rises only becauseeven more workers lose their jobs. We propose a theory of unemployment fluctuations resting onthis...
Persistent link: https://www.econbiz.de/10013314859
connect the fact that shrinking establishments post more vacancies and are less selective than those with a constant workforce …
Persistent link: https://www.econbiz.de/10013314963
We analyze a general search model with on-the-job search and sorting of heterogeneous workers into heterogeneous jobs. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the max-mean wage differential. The latter measure of...
Persistent link: https://www.econbiz.de/10010274790
seekers and firms behave during the recruitment process. In this paper we identify new patterns about the recruitment … planned search period and decreases thereafter, why most applicants arrive early in the recruitment process, and why the …
Persistent link: https://www.econbiz.de/10012892289
An advantage of collective wage agreement is that search and business-stealing externalities can be internalized. A disadvantage is that it takes more time before an optimal allocation is reached because more productive firms (for a particular worker type) can no longer signal this by posting...
Persistent link: https://www.econbiz.de/10011388154
In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important distinction to be made: While the rule-based component...
Persistent link: https://www.econbiz.de/10010333423