Bassier, Ihsaan; Manning, Alan; Petrongolo, Barbara - 2023
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 …