Showing 1 - 10 of 2,498
This paper examines the recruitment process of firms. We test whether firms search sequentially or non …-sequentially using data compiled from filled vacancies. According to theory, in case of sequential hiring, the number of applicants is …. We distinguish between different types of recruitment methods. We find that the sequential hiring is rejected for a …
Persistent link: https://www.econbiz.de/10011337993
Persistent link: https://www.econbiz.de/10001477403
Firms hiring fresh graduates face uncertainty on the future productivity of workers. Theory suggests that starting …
Persistent link: https://www.econbiz.de/10011378868
This paper investigates whether observed executive compensation contracts are designed to provide risk-taking incentives in addition to effort incentives. We develop a stylized principal-agent model that captures the interdependence between firm risk and managerial incentives. We calibrate the...
Persistent link: https://www.econbiz.de/10011378949
Persistent link: https://www.econbiz.de/10003874449
In this paper we develop a structural model for job search behavior of students entering the labor market. The model includes endogenous search effort and on-the-job search. Since students usually do not start a regular job before graduation but start job search earlier, our model is non...
Persistent link: https://www.econbiz.de/10011335207
Persistent link: https://www.econbiz.de/10000956187
Persistent link: https://www.econbiz.de/10002128282
In this paper I determine the importance of adjustment costs in employers' hiring decisions. Temporary work arrangements offer potential ways to avoid adjustment costs. I estimate employers willingness to pay for the characteristics of these work arrangements. I distinguish regular contracts,...
Persistent link: https://www.econbiz.de/10011348353
Empirical studies of labor markets show that social contacts are an important source of job-related information [Ioannides and Loury (2004)]. At the same time, wage differences among workers may be explained only in part by differences in individual background characteristics. Such findings...
Persistent link: https://www.econbiz.de/10011348716