The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores ….S. data, it shows that the model with frictions is able to fit the data. A key element is the interaction of hiring and … investment costs. It is significant and negatively signed, implying complementarity between investment and hiring. There is a …

their application and hiring decisions. I analyze the magnitude of these frictions. For this purpose, I present an … and firms. This ignores the frictions that arise when workers and firms meet in a multilateral way and cannot coordinate … determine the loss in social surplus compared to a Walrasian world. Frictions on the worker and the firm side each cause …

their application and hiring decisions. I analyze the magnitude of these frictions. For this purpose, I present an … and firms. This ignores the frictions that arise when workers and firms meet in a multilateral way and cannot coordinate … determine the loss in social surplus compared to a Walrasian world. Frictions on the worker and the firm side each cause …

This paper contributes to the existing literature on ethnic discrimination of immigrants in hiring by addressing the …

recruited for jobs at higher hierarchical levels. Second, a larger fraction of jobs below the focal level of hiring within the …

hiring process, they will rely more on education when less is otherwise known about applicants. We find that employers are … more likely to lower educational standards when an informal, more informative recruitment channel is used, so we conclude … that education is used as a signal in the hiring process. …

' recruitment practices, shows that more intensive recruitment leads to matches of better quality that pay higher wages, last longer …