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establishment growth, vacancy filling and entry wages, we calibrate a model with directed search and ex-ante heterogeneous workers …This paper explores the relationship between the duration of a vacancy and the starting wage of a new job, using … response of vacancy filling to firm-level wages. We discuss the implications of this finding as well as potential resolutions. …
Persistent link: https://www.econbiz.de/10011916402
wages affect the duration of time a vacancy is advertised. NHS workers in inner London are mandated by law to be paid an … duration with respect to wages of -6.3. This number is larger than reported by previous studies and suggests that firms can … fill worker shortages faster by raising wages. This also highlights the importance this margin of worker recruitment when …
Persistent link: https://www.econbiz.de/10015062008
associated with wages and vacancy duration. Using more than 1.5 million job postings administered by the Austrian public … jobs to wage postings. Moreover, I estimate skill associations with starting wages for a subset of vacancies which can be … occupation fixed-effects, there exists a robust association between the number of skill requirements and wages. In particular …
Persistent link: https://www.econbiz.de/10012583545
We estimate the elasticity of vacancy duration with respect to posted wages, using data from the near-universe of … online job adverts in the United Kingdom. Our research design identifies duration elasticities by leveraging firm-level wage …-defined, firm-level changes. In our preferred specifications, we estimate duration elasticities in the range -3 to -5, which are …
Persistent link: https://www.econbiz.de/10014326452
Little is known about how workers update expectations about job search and earnings when exposed to labor market news …. Individuals also revise their expectations about outside offers upward, anchoring their beliefs to Foxconn's announced wages. They …
Persistent link: https://www.econbiz.de/10014394219
find that a 10% increase in labor market concentration decreases hires by 12.4% and the wages of new hires by nearly 0 … employers in the retail industry would be most damaging, with about 24 million euros in annual lost wages for new hires, and an …
Persistent link: https://www.econbiz.de/10012213951
-2008 financial crisis. We study the evolution of both employment and wages in a large sample of Italian workers followed for nine … also high-type (and therefore more expensive) workers, even though wages do react to the slack. All in all, our results …
Persistent link: https://www.econbiz.de/10012207357
applications, focusing on posted wages and advertised non-wage amenities. We find robust evidence of directed search based on …We leverage rich data from a prominent online job board in Uruguay to assess directed search patterns in job … posted wages in the cross-section, with stark heterogeneity by occupation: the wage-application correlation is driven by …
Persistent link: https://www.econbiz.de/10015046083
wage losses of workers displaced due to firm closure based on the comparison of workers' wages differentials before and …
Persistent link: https://www.econbiz.de/10011307887
-sided heterogeneity, multiple search channels and endogenous recruitment effort. The estimation reveals that networks are the most cost …, all of which help to ameliorate labor market frictions. In this paper we investigate the extent to which these search … employment, wages and labor market sorting, we structurally estimate an equilibrium job ladder model featuring two …
Persistent link: https://www.econbiz.de/10014423755