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matching – Suchprozesse am Arbeitsmarkt

Offene Stellen bei gleichzeitiger Arbeitslosigkeit - was Arbeitsmarkttheorien u. a. mit "unvollkommener Information" begründen, ist für Unternehmen und Arbeitsuchende oft nur schwer nachzuvollziehen: Unternehmen können freie Stellen nicht besetzen, trotzdem finden Arbeitsuchende nur schwer den passenden Job. Wie gestalten sich die Suchprozesse bei Unternehmen und Arbeitsuchenden, welche Konzessionen sind beide Seiten bereit einzugehen, wie lässt sich das "matching" verbessern?
Diese Infoplattform bietet wissenschaftliche Literatur zur theoretischen und empirischen Auseinandersetzung mit dem Thema.

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  • Literaturhinweis

    Bargaining with Renegotiation in Models with On-the-Job Search (2026)

    Gottfries, Axel;

    Zitatform

    Gottfries, Axel (2026): Bargaining with Renegotiation in Models with On-the-Job Search. In: Review of Economic Dynamics, Jg. 61. DOI:10.1016/j.red.2026.101343

    Abstract

    "I present an on-the-job search model with bargaining and renegotiation in which turnover depends on the contracted wage. There is a unique monotone Markov equilibrium. The model encompasses elements of dynamic monopsony and rent sharing. Firms benefit from the reduced turnover associated with a higher wage and workers extract rents due to their bargaining power. Shorter wage contracts reduce the response of turnover to the contracted wage, reducing a firm’s willingness to increase pay, and thereby the worker’s equilibrium share of the match surplus. As renegotiation becomes continuous, linear surplus sharing is obtained. The model further generates spillover effects from minimum wages due to firms’ incentives to increase contracted wages to reduce turnover. These incentives, and therefore the spillovers, are weaker when wage contracts are shorter. Finally, I endogenize the frequency of renegotiation, and find that, generically, the equilibrium features infrequently renegotiated wages." (Author's abstract, IAB-Doku, © 2026 The Author(s). Published by Elsevier Inc.) ((en))

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  • Literaturhinweis

    Berufseinsteiger*innen im Fokus: Unternehmen setzen auf Soft Skills und Künstliche Intelligenz (2026)

    Hennrich, Jonas; Schaller, Daria;

    Zitatform

    Hennrich, Jonas & Daria Schaller (2026): Berufseinsteiger*innen im Fokus: Unternehmen setzen auf Soft Skills und Künstliche Intelligenz. In: Ifo-Schnelldienst, Jg. 79, H. 01, S. 77-84.

    Abstract

    "Das ifo Institut befragt in Zusammenarbeit mit Randstad Deutschland quartalsweise deutsche HR-Abteilungen zu personalpolitisch relevanten Themen. Neben wiederkehrenden Standardfragen standen im vierten Quartal Berufseinsteiger*innen und die Bedeutung von Berufserfahrung im Fokus. Etwa ein Drittel der Unternehmen sieht Berufserfahrung inzwischen als stärkeres Einstellungskriterium, während die Mehrheit keinen Bedeutungszuwachs beobachtet. Bei Einsteiger*innen zählen vor allem Kommunikations- und Teamfähigkeit, gefolgt von Selbstorganisation und Verantwortungsbewusstsein. Außerdem gewinnt Künstliche Intelligenz (KI) an Bedeutung: Viele Unternehmen planen, KI bei typischen Einsteigeraufgaben einzusetzen, einen großflächigen Ersatz von Mitarbeitenden erwarten jedoch nur wenige. Die meisten Betriebe planen, die Zahl der Einstiegsstellen stabil zu halten." (Autorenreferat, IAB-Doku)

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  • Literaturhinweis

    Teaching two-sided labor search theory to undergraduates: A model and some exercises (2026)

    Loewy, Michael B.;

    Zitatform

    Loewy, Michael B. (2026): Teaching two-sided labor search theory to undergraduates: A model and some exercises. In: The journal of economic education, Jg. 57, H. 1, S. 27-38. DOI:10.1080/00220485.2025.2549718

    Abstract

    "Although the Diamond-Mortensen-Pissarides (DMP) model originated roughly 40 years ago and its authors shared the 2010 Nobel Memorial Prize in Economic Sciences, their work is still absent from several recent editions of popular intermediate macroeconomics textbooks. In contrast, Stephen Williamson's textbook (2014, 2018) presents an early static version of the DMP model accessible to undergraduates. This article's author compensates for the topic's omission in some intermediate-level textbooks by discussing Williamson's static DMP model and presenting four additional exercises not covered in his main text: (1) a change in a vacancy's posting price; (2) an increase in workers' relative bargaining power; (3) the introduction of a minimum wage; and (4) the introduction of an endogenous unemployment insurance benefit. The latter exercise yields an interesting neutrality result." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Legitimizing Beauty in Hiring: An Analysis of Cultural Repertoires in Defense of Appearances as Selection Criteria (2026)

    Vonk, Laura ; De Keere, Kobe ;

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    Vonk, Laura & Kobe De Keere (2026): Legitimizing Beauty in Hiring: An Analysis of Cultural Repertoires in Defense of Appearances as Selection Criteria. In: Work and occupations, Jg. 53, H. 2, S. 545-575. DOI:10.1177/07308884251362257

    Abstract

    "This article builds upon the body of literature confirming that aesthetics matter for finding work by investigating how gatekeepers reflect on the relevance of appearances in their evaluations of job candidates. Starting from the notion that in hiring the relevance of appearance conflicts with ideals of meritocracy and fairness, we seek to understand how gatekeepers solve this dispute and how they morally legitimize the importance of aesthetics. The analyses are based on in-depth interviews with 40 employee gatekeepers from the cultural (n = 17) and corporate (n = 23) sector, and show that although the gatekeepers problematize the importance of beauty, they do acknowledge that it plays a role in their evaluations. Three cultural repertoires for solving this contradiction and for legitimizing appearances as a hiring criterion are discerned from the data: (1) beauty as a business case; (2) appearances express personality; (3) looking right is a matter of effort. What the gatekeepers try to do is to come to a hiring decision using evaluation criteria that can be considered contextually legitimate. Yet, this can lead to applying evaluation criteria and, more structurally, labor market outcomes that they find morally problematic. This study highlights the relevance of cultural repertoires in processes of legitimation for understanding reproductions of inequalities related to appearances." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    When an Accountant Becomes a Taxi Driver: Unemployment, Labor Market Institutions, and Economic Theory (2025)

    Benanav, Aaron;

    Zitatform

    Benanav, Aaron (2025): When an Accountant Becomes a Taxi Driver: Unemployment, Labor Market Institutions, and Economic Theory. In: History of political economy, Jg. 57, H. S1, S. 81-110. DOI:10.1215/00182702-12134470

    Abstract

    "This article reconstructs the history of how economists came to understand unemployment as a distinct category and how that understanding transformed over time. In the early twentieth century, governments regulated access to unemployment benefits and established labor market protections, drawing sharper boundaries between employment and unemployment. Historians have shown that these boundaries were politically constructed, but economic theory largely treated them as given. Postwar Keynesian models assumed that unemployment was a temporary and measurable condition between spells of stable, high-wage work. However, that assumption rested on a historically specific labor market structure that began to unravel in the 1970s and 1980s. As stable jobs contracted, more workers cycled through precarious employment rather than remaining fully unemployed or finding new stable work. Economic theory responded with new models focused on individual incentives and firm behavior, but these also tended to treat emerging patterns as evidence of how unemployment had always functioned, rather than as signs of a shifting institutional landscape. By tracing how the category of unemployment was constructed and transformed—and how economists responded to those shifts—this article shows how changes in institutional context shape the development of economic thought itself." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Job Applications and Labor Market Flows (2025)

    Birinci, Serdar ; Wee, Shu Lin; See, Kurt;

    Zitatform

    Birinci, Serdar, Kurt See & Shu Lin Wee (2025): Job Applications and Labor Market Flows. In: The Review of Economic Studies, Jg. 92, H. 3, S. 1438-1496. DOI:10.1093/restud/rdae064

    Abstract

    "Job applications have risen over time, yet job-finding rates remain unchanged. Meanwhile, separations have declined. We argue that increased applications raise the probability of a good match rather than the probability of job-finding. Using a search model with multiple applications and costly information, we show that when applications increase, firms invest in identifying good matches, reducing separations. Concurrently, increased congestion and selectivity over which offer to accept temper increases in job-finding rates. Our framework contains testable implications for changes in offers, acceptances, reservation wages, applicants per vacancy, and tenure, objects that enable it to generate the trends in unemployment flows." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Job search under changing labour taxes (2025)

    Bryson, Alex ; Dale-Olsen, Harald ;

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    Bryson, Alex & Harald Dale-Olsen (2025): Job search under changing labour taxes. In: Labour Economics, Jg. 95. DOI:10.1016/j.labeco.2025.102750

    Abstract

    "Workers’ job mobility decisions are related to firms’ wage policies but also depend on tax schedules. Using Norwegian population-wide administrative linked employer-employee data for 2010–2019, we study how the job-to-job turnover of employees is affected by marginal taxes and firms’ pay policies, thus drawing inferences on job search behaviour. By paying higher wages, job-to-job separation rates drop, but this negative relationship is weakened when income taxes increase, consistent with higher taxes reducing search activity. However, consistent with theory, the tax effect is smaller where workers receive performance bonuses." (Author's abstract, IAB-Doku, © 2025 The Author(s). Published by Elsevier B.V.) ((en))

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  • Literaturhinweis

    Search, Screening, and Sorting (2025)

    Cai, Xiaoming ; Wolthoff, Ronald; Gautier, Pieter;

    Zitatform

    Cai, Xiaoming, Pieter Gautier & Ronald Wolthoff (2025): Search, Screening, and Sorting. In: American Economic Journal. Macroeconomics, Jg. 17, H. 3, S. 205-236. DOI:10.1257/mac.20240026

    Abstract

    "We examine how search frictions impact labor market sorting by constructing a model consistent with evidence that employers interview a subset of a pool of applicants. We derive necessary and sufficient conditions for sorting in applications and matches. Positive sorting is obtained when production complementarities outweigh a counterforce measured by a (novel) quality-quantity elasticity. Interestingly, the threshold for the complementarities depends on the fraction of high-type workers and can be increasing in the number of interviews. Our model shows how policies like Ban the Box can backfire because when screening workers becomes harder, firms may discourage certain workers from applying." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Firm Pay and Worker Search (2025)

    Caldwell, Sydnee; Haegele, Ingrid; Heining, Jörg;

    Zitatform

    Caldwell, Sydnee, Ingrid Haegele & Jörg Heining (2025): Firm Pay and Worker Search. (IAB-Discussion Paper 04/2025), Nürnberg, 141 S. DOI:10.48720/IAB.DP.2504

    Abstract

    "Ob und wie Arbeitnehmer am Arbeitsplatz suchen, hängt von ihren Vorstellungen über die Bezahlung und die Arbeitsbedingungen in anderen Unternehmen ab. Dennoch ist wenig darüber bekannt, wie viel Arbeitnehmer tatsächlich über die Arbeitsentgelte außerhalb ihrer aktuellen Beschäftigung Bescheid wissen. Wir nutzen eine groß angelegte Umfrage unter deutschen Vollzeitbeschäftigten, welche mit Sozialversicherungsdaten verknüpft wurde, um Gehaltserwartungen und Präferenzen gegenüber bestimmten externen Unternehmen zu ermitteln. Arbeitnehmer glauben, dass sie mit erheblicher Heterogenität hinsichtlich der Vergütung bei anderen Unternehmen konfrontiert sind und richten ihre Suche nach einem neuen Arbeitsplatz auf Unternehmen aus, von denen sie ausgehen, dass diese mehr bezahlen. Die von den Arbeitnehmern erwarteten unternehmensspezifischen Lohnaufschläge korrelieren sowohl stark mit den Vergütungsschemata, die sich anhand von administrativen Daten zeigen, als auch mit der Würdigung von firmenspezifischer Annehmlichkeiten. Die meisten Arbeiter sind auch bei einer erheblichen Erhöhung des Gehalts nicht bereit, sich einen neuen Job zu suchen – oder ihr derzeitiges Unternehmen zu verlassen. Die Kosten eines Jobwechsel betragen zwischen 7 und 18 Prozent des Jahreslohns eines Arbeitnehmers. Die Zugehörigkeit zu einem Arbeitgeber variiert je nach Arbeitgeber und kann nicht anhand von Unterschieden in firmenspezifischen Annehmlichkeiten oder den Kosten des Jobwechsels erklärt werden." (Autorenreferat, IAB-Doku)

    Beteiligte aus dem IAB

    Heining, Jörg;
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  • Literaturhinweis

    Search and multiple jobholding (2025)

    Lalé, Etienne ;

    Zitatform

    Lalé, Etienne (2025): Search and multiple jobholding. In: Economic Theory, Jg. 80, H. 3, S. 891-939. DOI:10.1007/s00199-025-01647-3

    Abstract

    "This paper develops an equilibrium model of the labor market that incorporates hours worked, off- and on-the-job search, and both single and multiple jobholders. Central to the model’s mechanism is that taking on a second job ties the worker to her primary employer, while simultaneously providing the worker with a stronger outside option when bargaining with the secondary employer. The model quantitatively accounts for both the incidence of multiple jobholding and worker flows in and out of second jobs. It also sheds light on how multiple jobholding shapes outcomes that are typically the focus of search models. Multiple jobholding has opposing effects on job-to-job transitions, which largely offset each other. At the same time, the option of holding second jobs extends the survival of a worker’s main job, thereby reducing job separations and increasing the employment rate. These findings have significant implications for calibrating standard search models that ignore multiple jobholding." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Homeownership and (un)employment: Search theory and empirical evidence from a system GMM (2025)

    Lisi, Gaetano ;

    Zitatform

    Lisi, Gaetano (2025): Homeownership and (un)employment: Search theory and empirical evidence from a system GMM. In: Economics Bulletin, Jg. 45, H. 4, S. 1723-1734.

    Abstract

    "This paper suggests that the sign of the relation between homeownership and (un)employment changes according to both the type of homeowner and the market considered. In the housing market, employment positively affects homeownership with a mortgage (home search), whereas, in the labour market, outright homeownership negatively affects employment (job search). A panel analysis (on 27 European countries for the period 2014-2023) confirms the theoretical hypotheses. An augmented Generalized Method of Moments (GMM) version, known as “system GMM”, is used to tackle endogeneity." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    The Immobile Incumbent Problem in a Model of Short-Term Wage-Posting (2025)

    Manning, Alan ;

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    Manning, Alan (2025): The Immobile Incumbent Problem in a Model of Short-Term Wage-Posting. In: German Economic Review, Jg. 26, H. 4, S. 315-360. DOI:10.1515/ger-2024-0127

    Abstract

    "This paper takes the canonical Burdett-Mortensen model of wage-posting and relaxes the assumption that wages are set once-for-all, instead assuming they can only be committed one period at a time. It derives a closed-form solution for a steady-state Markov Rank-Preserving Equilibrium and shows how this relates to the canonical model and performs some comparative statics on it. But it is shown that a Rank-Preserving Equilibrium may fail to exist because employers have more monopsony power over existing workers than new recruits and that this non-existence can be a problem for plausible parameter values. It is shown how a Rank-Inverting Equilibrium may exist. It is argued that this problem is likely to occur in a wide range of search models." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Testing for wage-specific search intensity (2025)

    Rendon, Silvio ;

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    Rendon, Silvio (2025): Testing for wage-specific search intensity. In: Journal for labour market research, Jg. 59. DOI:10.1186/s12651-024-00389-4

    Abstract

    "Most job search intensity models assume uniform search effort across all potential wage offers. I depart from this conventional assumption by proposing that agents allocate wage-specific search intensity, strategically avoiding effort on low-paying, unacceptable jobs or high-paying, improbable ones. This alternative model generates wage distributions at acceptance that differ markedly from the truncated distributions typical of models with constant arrival rates for wage offers. I leverage these distinct empirical predictions to develop two new nonparametric tests, applied to NLSY97 data, both of which reject the hypothesis of constant search intensity across wages. Furthermore, I estimate the structural parameters identifiable in each model, revealing that wage-specific search leads to greater total search effort, faster transitions into the upper tail of the wage distribution, and ultimately higher accepted wages—more than a 25% increase following unemployment. For low wages, the classic random search model delivers a fair replication of the actual data, but for higher wages targeted search is better. Wage-specific search suggests that job seekers not only need to search more, but also search better. This insight has important implications for employment policy, particularly in promoting job search literacy among the unemployed." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Location choice when the number of jobs matters: Matching in spatial equilibrium (2025)

    Venables, Anthony J. ;

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    Venables, Anthony J. (2025): Location choice when the number of jobs matters: Matching in spatial equilibrium. (CEP discussion paper / Centre for Economic Performance 2087), London, 22 S.

    Abstract

    "The idea that people want to go to where the jobs are is intuitive yet is absent from the standard quantitative spatial modelling approach in which location choices are guided by prices, without reference to quantities (the number of jobs in a place). The purpose of this paper is to fill this gap by making jobs, as well as places, the objects of household choice. This involves minor change to the modelling approach used in the literature and provides a simple description of labour market matching. Similar modification of the modelling of firms’ location choices captures the idea that these are shaped by both wage costs and the availability of workers with appropriate skill. These modifications yield powerful agglomeration forces, as workers’ location choices become positively influenced by the number of jobs in a place, and firms’ decision are shaped by the number of workers with appropriate skills. Results are established analytically and in a regional model in which the equilibrium distributions of workers and sectors are demonstrated." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Optimal unemployment insurance with multiple applications (2025)

    Wee, Shu Lin;

    Zitatform

    Wee, Shu Lin (2025): Optimal unemployment insurance with multiple applications. In: Journal of monetary economics, Jg. 154. DOI:10.1016/j.jmoneco.2025.103798

    Abstract

    "This paper examines how unemployment transfers should be allocated over the business cycle. When risk-averse workers can submit multiple applications, the optimal UI policy is countercyclical. In contrast, optimal policy in a standard search model featuring one-to-one matching is procyclical. In the latter, more generous UI during a downturn discourages search effort, dampening job creation. In the former, decreased search effort aids job creation. Because firms cannot coordinate and commit to not making the same worker an offer, lower search effort by reducing the number of applications sent mitigates this coordination friction. This in turn boosts job creation incentives, supporting employment outcomes." (Author's abstract, IAB-Doku, © 2025 The Author. Published by Elsevier B.V.) ((en))

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  • Literaturhinweis

    Labor Demand on a Tight Leash (2024)

    Bossler, Mario ; Popp, Martin ;

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    Bossler, Mario & Martin Popp (2024): Labor Demand on a Tight Leash. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16837), Bonn, 99 S.

    Abstract

    "We develop a labor demand model that encompasses pre-match hiring cost arising from tight labor markets. Through the lens of the model, we study the effect of labor market tightness on firms’ labor demand by applying novel shift-share instruments to the universe of German firms. In line with theory, we find that a doubling in tightness reduces firms’ employment by 5 percent. Taking into account the resulting search externalities, the wage elasticity of firms’ labor demand reduces from -0.7 to -0.5 through reallocation effects. In light of our results, pre-match hiring cost amount to 40 percent of annual wage payments." (Author's abstract, IAB-Doku) ((en))

    Beteiligte aus dem IAB

    Bossler, Mario ; Popp, Martin ;
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  • Literaturhinweis

    The cyclicality of on-the-job search (2024)

    Bransch, Felix ; Mihm, Benedikt ; Malik, Samreen;

    Zitatform

    Bransch, Felix, Samreen Malik & Benedikt Mihm (2024): The cyclicality of on-the-job search. In: Labour Economics, Jg. 87. DOI:10.1016/j.labeco.2024.102517

    Abstract

    "On-the-job search is increasingly recognized as an important potential driver of labor market dynamics over the business cycle. Using the UK Labor Force Survey, we find robust empirical evidence that on-the-job search is countercyclical and that the cyclical fluctuations have important repercussions for labor market dynamics. We also find that the cyclical pattern is not explained by precautionary search motives but rather appears to be driven by job-ladder-motivated searches. This finding is surprising because, as we confirm, the expected returns to on-the-job search are procyclical. We find evidence that three features of search behavior may contribute to this finding: greater search effort in response to lower job-to-job transition probabilities, a prevalence of non-pecuniary motivated searches that are less affected by lower expected wage gains, and procyclicality in average match quality, which has a significant impact on the search behavior of new hires over the business cycle." (Author's abstract, IAB-Doku, © 2024 Elsevier) ((en))

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  • Literaturhinweis

    The Effect of Wealth on Worker Productivity (2024)

    Eeckhout, Jan ; Sepahsalari, Alireza;

    Zitatform

    Eeckhout, Jan & Alireza Sepahsalari (2024): The Effect of Wealth on Worker Productivity. In: The Review of Economic Studies, Jg. 91, H. 3, S. 1584-1633. DOI:10.1093/restud/rdad059

    Abstract

    "We propose a theory that analyzes how a workers’ asset holdings affect their job productivity. In a labor market with uninsurable risk, workers choose to direct their job search trading off productivity and wages against unemployment risk. Workers with low asset holdings have a precautionary job search motive, they direct their search to low productivity jobs because those offer a low risk at the cost of low productivity and a low wage. Our main theoretical contribution shows that the presence of consumption smoothing can reconcile the directed search model with negative duration-dependence on wages, a robust empirical regularity that the canonical directed search model cannot rationalize. We calibrate the infinite horizon economy and find this mechanism to be quantitatively important. We evaluate a tax financed unemployment insurance (UI) scheme and analyze how it affects welfare. Aggregate welfare is inverted U-shaped in benefits: the insurance effect UI dominates the incentive effects for low levels of benefits and vice versa for high benefits. In addition, when UI increases, total production falls in the economy while worker productivity increases." (Author's abstract, IAB-Doku) ((en))

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    Worker mobility and UI extensions (2024)

    Goensch, Johannes ; Kospentaris, Ioannis; Gulyas, Andreas ;

    Zitatform

    Goensch, Johannes, Andreas Gulyas & Ioannis Kospentaris (2024): Worker mobility and UI extensions. In: European Economic Review, Jg. 162. DOI:10.1016/j.euroecorev.2024.104672

    Abstract

    "We develop an equilibrium search model with a labor force participation decision, job-to-job transitions, and endogenous separations. The calibrated model perfectly matches the observed labor market flows in US data. We use the model to simulate the effects of an extension of unemployment insurance benefits to 99 weeks. The reform leads to a decrease in employment, an increase in the labor force participation and unemployment rate, while it leaves labor productivity roughly constant. Using a model-based decomposition, as well as comparisons with alternative simplified models, we show that modeling workers’ participation decisions, job-to-job transitions, and endogenous separations together is crucial for a complete and accurate analysis of UI reforms." (Author's abstract, IAB-Doku, © 2024 Elsevier) ((en))

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  • Literaturhinweis

    The Welfare Impact of Reemployment Bonuses (2024)

    Komatsu, Katsuhiro;

    Zitatform

    Komatsu, Katsuhiro (2024): The Welfare Impact of Reemployment Bonuses. (SSRN papers), Rochester, NY, 39 S. DOI:10.2139/ssrn.4534315

    Abstract

    "This paper investigates the welfare impact of reemployment bonuses in a dynamic job search model. Reemployment bonuses, monetary incentives offered to workers who obtain employment, may mitigate the moral hazard in unemployment insurance (UI) while preserving consumption smoothing. Using a sufficient statistics approach, I first show the substantial positive impact of reemployment bonuses on welfare given the current level of UI benefits. Then, by using a quantitative model of job search, consumption, and saving, I study the optimal combination of UI benefits and reemployment bonuses. I find that the optimal UI benefit level is higher when reemployment bonuses are incorporated. Compared to the welfare gain achieved by implementing only the optimal level of UI benefits, the optimal combination of UI benefits and reemployment bonuses achieves a 56 percent larger welfare gain." (Author's abstract, IAB-Doku) ((en))

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    On the Job Search and Business Cycles (2024)

    Moscarini, Giuseppe ; Postel-Vinay, Fabien;

    Zitatform

    Moscarini, Giuseppe & Fabien Postel-Vinay (2024): On the Job Search and Business Cycles. In: Revue economique, Jg. Vol. 51, H. 1, S. 73-112. DOI:10.3917/reco.751.0073

    Abstract

    "We propose a highly tractable way of analyzing business cycles in an environment with random job search both off- and on-the-job (OJS). Heterogeneity in productivity across jobs generates a job ladder. Firms Bertrand-compete for employed workers, as in the Sequential Auctions protocol of Postel-Vinay and Robin [2002]. We identify three channels through which OJS amplifies and propagates aggregate shocks: 1) a higher estimated elasticity of the matching function when allowing for OJS; 2) the differential returns to hiring employed and unemployed job applicants, whose proportions naturally vary over the business cycle; 3) the slow reallocation of workers through OJS across rungs of the job ladder, generating endogenous, slowly evolving opportunities for further poaching, which feed back on job creation incentives." (Author's abstract, IAB-Doku) ((en))

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    Vacancy Durations and Entry Wages: Evidence from Linked Vacancy–Employer–Employee Data (2024)

    Mueller, Andreas I.; Zweimüller, Josef; Osterwalder, Damian ; Kettemann, Andreas;

    Zitatform

    Mueller, Andreas I., Damian Osterwalder, Josef Zweimüller & Andreas Kettemann (2024): Vacancy Durations and Entry Wages: Evidence from Linked Vacancy–Employer–Employee Data. In: The Review of Economic Studies, Jg. 91, H. 3, S. 1807-1841. DOI:10.1093/restud/rdad051

    Abstract

    "This article explores the relationship between the duration of a vacancy and the starting wage of a new job, using linked data on vacancies, the posting establishments, and the workers eventually filling the vacancies. The unique combination of large-scale, administrative worker, establishment, and vacancy data is critical for separating establishment- and job-level determinants of vacancy duration from worker-level heterogeneity. Conditional on observables, we find that vacancy duration is negatively correlated with the starting wage and its establishment component, with precisely estimated elasticities of −0.07 and −0.21, respectively. While the negative relationship is qualitatively consistent with search-theoretic models where firms use the wage as a recruiting device, these elasticities are small, suggesting that firms’ wage policies can account only for a small fraction of the variation in vacancy filling across establishments." (Author's abstract, IAB-Doku) ((en))

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    Destabilizing search technology (2024)

    Potter, Tristan;

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    Potter, Tristan (2024): Destabilizing search technology. In: Journal of monetary economics, Jg. 145. DOI:10.1016/j.jmoneco.2024.103557

    Abstract

    "Modern job search technologies enable job seekers to monitor the arrival of newly posted vacancies. This paper conceptualizes search as a monitoring decision and shows that monitoring technologies give rise to a novel source of strategic complementarities in search and can thus lead to potentially destabilizing multiplicity of equilibria. The model provides a theory of belief-driven fluctuations in labor supply that can permanently shift the path of the economy, and offers an explanation for persistently weak wage growth despite low unemployment during the recovery from the Great Recession." (Author's abstract, IAB-Doku, © 2024 Elsevier) ((en))

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    Feeling Observed? A Field Experiment on the Effects of Intense Survey Participation on Job Seekers’ Labour Market Outcomes (2024)

    Stephan, Gesine ; Hetschko, Clemens ; Lawes, Mario ; Schmidtke, Julia ; Eid, Michael ;

    Zitatform

    Stephan, Gesine, Clemens Hetschko, Julia Schmidtke, Michael Eid & Mario Lawes (2024): Feeling Observed? A Field Experiment on the Effects of Intense Survey Participation on Job Seekers’ Labour Market Outcomes. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 17347), Bonn, 29 S.

    Abstract

    "We ran a field experiment to causally identify the effects of intense survey participation on key labor market outcomes. We randomly excluded individuals willing to sign up for the German Job Search Panel, a high-frequency survey with a focus on job search and wellbeing. Using administrative data on labor market outcomes (e.g., employment, earnings), we find that, on average, survey participation had no effect on labor market outcomes during the year after signing up. Furthermore, there is no strong heterogeneity across subgroups. Overall, this is good news for the validity of survey-based research involving labor market outcomes. We also demonstrate that a comparison of individuals signing up for the survey with individuals not responding to the invitation could have been misleading. Even when controlling for a wide range of observable characteristics, survey participation and the subsequent take up of training programs correlate significantly. This speaks to the importance of experimental research designs in our context." (Author's abstract, IAB-Doku) ((en))

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    Stephan, Gesine ; Schmidtke, Julia ;
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    Job search intensity and wage rigidity in business cycles (2024)

    Uemura, Yuki ;

    Zitatform

    Uemura, Yuki (2024): Job search intensity and wage rigidity in business cycles. In: Journal of macroeconomics, Jg. 82. DOI:10.1016/j.jmacro.2024.103624

    Abstract

    "Search intensity, as well as the aggregate economic condition, is a crucial factor that determines unemployed workers’ success in job searches. Their search intensity is predicted to be procyclical in standard search and matching models. However, many empirical studies show that search intensity is countercyclical. This study examines the job search behavior of unemployed workers over business cycles using a search and matching model that incorporates wage rigidity and a generalized matching function. Unlike previous studies, the proposed model can generate both procyclical and countercyclical search intensities by introducing wage rigidity. This study calibrates the model to the U.S. economy and provides various impulse response analyses. The numerical exercises show that the model successfully and simultaneously reproduces countercyclical search efforts and sizable labor market fluctuations." (Author's abstract, IAB-Doku, © 2024 Elsevier) ((en))

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  • Literaturhinweis

    Partially directed search in the labor market (2024)

    Wu, Liangjie;

    Zitatform

    Wu, Liangjie (2024): Partially directed search in the labor market. In: Journal of Economic Theory, Jg. 220. DOI:10.1016/j.jet.2024.105858

    Abstract

    "I study the labor market implications of an equilibrium search model with flexible degrees of information availability, which nests the random and directed search models as special cases. Workers have limited information about the payoffs of applying to different firms. Firms use wages to attract workers and mediate externalities among applicants. Limited information interacts with the allocative role of wages, leading to new predictions. Reducing information friction has non-monotonic impacts on efficiency. When the cost of acquiring information is low (high), alleviating the information friction reduces (exacerbates) the distortion in the market equilibrium. I then apply this model to discuss the implications of improvements in information technology and the spillover effects among workers in the labor market." (Author's abstract, IAB-Doku, © 2024 Elsevier) ((en))

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    What does job applicants' body art signal to employers? (2023)

    Baert, Stijn ; Herregods, Jolien; Sterkens, Philippe ;

    Zitatform

    Baert, Stijn, Jolien Herregods & Philippe Sterkens (2023): What does job applicants' body art signal to employers? (Working paper / Ghent University. Faculty of Economics and Business Administration 2023,1072), Gent, 30 S.

    Abstract

    "In this study, we present a state-of-the-art scenario experiment which, for the first time in the literature, directly measures the stigma surrounding job candidates with tattoos and piercings using real recruiters. We find that job candidates with body art are perceived as less pleasant to work with, less honest, less emotionally stable, less agreeable, less conscientious and less manageable. This goes hand in hand with lower hireability for men with body art but not for women. Compared to candidates who reveal obesity, a characteristic we also randomise, those with body art score better overall in terms of hireability and rated personality, similar in terms of rated taste to collaborate but worse in terms of rated direct productivity drivers." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Labor economics (2023)

    Borjas, George J. ;

    Zitatform

    Borjas, George J. (2023): Labor economics. New York: MacGraw-Hill, 494 S.

    Abstract

    "Labor Economics, ninth edition by George J. Borjas provides a modern introduction to labor economics, surveying the field with an emphasis on both theory and facts. Labor Economics is thoroughly integrated with the adaptive digital tools available in McGraw-Hill’s Connect, proven to increase student engagement and success in the course. All new Data Explorer questions using data simulation to help students grasp concepts Materials are fresh and up to date by introducing and discussing the latest research studies where conceptual or empirical contributions have increased our understanding of the labor market. The book has undergone Diversity, Equity, and Inclusion reviews to implement content around topics including generalizations and stereotypes, gender, abilities/disabilities, race/ethnicity, sexual orientation, diversity of names, and age." (Author's abstract, IAB-Doku) ((en))

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    Labor Demand on a Tight Leash (2023)

    Bossler, Mario ; Popp, Martin ;

    Zitatform

    Bossler, Mario & Martin Popp (2023): Labor Demand on a Tight Leash. (LASER discussion papers 143), Erlangen, 77 S. DOI:10.48720/IAB.DP.2302

    Abstract

    "In diesem Aufsatz stellen wir ein Arbeitsnachfrage-Modell auf, das Einstellungskosten berücksichtigt, die aufgrund eines angespannten Arbeitsmarktes bei der Besetzung offener Stellen anfallen. Darauf aufbauend schätzen wir den Effekt der Arbeitsmarktanspannung auf die betriebliche Arbeitsnachfrage, indem wir neuartige Bartik-Instrumente sowie administrative Beschäftigungsdaten für Deutschland heranziehen. Im Einklang mit der Theorie deuten die IV-Ergebnisse darauf hin, dass ein zehnprozentiger Anstieg der Arbeitsmarktanspannung die betriebliche Beschäftigung um rund 0,5 Prozent reduziert. Außerdem zeigt sich, dass die betriebliche Lohnelastizität der Arbeitsnachfrage durch Einbeziehung von Suchexternalitäten auf der aggregierten Ebene von -0,7 auf -0,5 sinkt. In Bezug auf die Einführung des gesetzlichen Mindestlohns im Jahr 2015 implizieren die Elastizitäten nur geringfügig negative Beschäftigungseffekte, was die Ergebnisse empirischer Ex-Post-Evaluationen widerspiegelt. Darüber hinaus führte die Verdoppelung der Arbeitsmarktanspannung in Deutschland zwischen 2012 und 2019 zu einer Verringerung des Beschäftigungswachstums um rund 1,1 Millionen Arbeitsplätze." (Autorenreferat, IAB-Doku)

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    Bossler, Mario ; Popp, Martin ;
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    Inefficient Labor Market Sorting (2023)

    Eckel, Carsten ; Yeaple, Stephen R.;

    Zitatform

    Eckel, Carsten & Stephen R. Yeaple (2023): Inefficient Labor Market Sorting. (Discussion paper / Rationality & Competition, CCR TRR 190 437), München ; Berlin, 47 S.

    Abstract

    "A growing empirical literature attributes much of the productivity advantages of large, "superstar" firms to their adoption of best practice management techniques that allow them to better identify and use talented workers. The reasons for the incomplete adoption of these "structured management practices" and their welfare implications are not well understood. This paper provides a positive and normative analysis of these issues in a theoretical framework in which structured management practices induce sorting of talent across firms. Incomplete adoption arises because worker talent is in limited supply. In equilibrium there is excessive adoption of structured management practices and too much sorting of talented workers into large firms. In this second-best environment, policy changes that favor large firms, such as trade liberalization, have the potential to lower welfare." (Author's abstract, IAB-Doku) ((en))

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    Why Personal Ties (Still) Matter: Referrals and Congestion (2023)

    Mylius, F.;

    Zitatform

    Mylius, F. (2023): Why Personal Ties (Still) Matter: Referrals and Congestion. (Cambridge working papers in economics 2356), Cambridge, 21 S.

    Abstract

    "The internet has reduced search costs significantly, making it much easier to apply for a large number of jobs. In spite of that, the share of jobs found through personal contacts has remained stable over the past decades. My theoretical framework explores a new channel that makes referred candidates favorable for firms: a higher likelihood to accept a job offer. This trait becomes particularly advantageous whenever firms face large uncertainty over whether their candidates would accept their job offer. As we see, if search barriers vanish and workers apply to more firms, a referred candidate expects to face more competitors. On the other hand, with more applications being sent out, workers are, on average, less interested in each firm they apply to, which makes referred candidates stand out more. This means the chances of getting a job offer through a referral can increase if competing workers send out more applications." (Author's abstract, IAB-Doku) ((en))

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    Wage-Specific Search Intensity (2023)

    Rendon, Silvio ;

    Zitatform

    Rendon, Silvio (2023): Wage-Specific Search Intensity. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 15971), Bonn, 32 S.

    Abstract

    "I propose a model in which agents decide on job search intensity for each possible wage, unlike the usual setup of constant search intensity over wage draws. The proposed framework entails efficiency gains in that agents do not waste effort to searching for low paying unacceptable jobs or less offered high paying jobs. The proposed framework generates accepted wages distributions that differ substantially from the truncated distributions stemming from the usual setup. These different empirical implications are exploited for building two nonparametric tests, which reject constant search intensity over wages, using NLSY97 data. I further estimate the identifiable structural parameters of the two models resulting in better fit for the wage-specific setup. I quantify the increased effectiveness of wage-specific search in more total search intensity, faster transitions to the upper tail of the wage distribution, and higher wages, in particular, more than 25% increase in accepted wages after unemployment." (Author's abstract, IAB-Doku) ((en))

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    Consumption Commitments and Unemployment Insurance (2023)

    Segovia, Javier López;

    Zitatform

    Segovia, Javier López (2023): Consumption Commitments and Unemployment Insurance. (CRC TR 224 discussion paper series / EPoS Collaborative Research Center Transregio 224 458), Bonn, 49 S.

    Abstract

    "Households allocate around 40% of their budget to goods and services that are difficult to adjust, such as rents, mortgages, or mobile plans, which are called “commitments”. Only about 11% of households adjust the consumption of these goods every quarter. Commitments imply monthly payments that are hard to avoid and make employment and income fluctuations more costly. This paper analyzes the role of unemployment insurance in the presence of commitments using a heterogeneous agents search model with incomplete markets and unemployment shocks. The model is calibrated to the US data and matches key features of the US labor market. Using this framework, we show that the existence of commitment goods amplifies the effects of unemployment insurance on search effort and unemployment duration. Commitments also induce households to build larger precautionary savings. Morover, we show that welfare gains from elimating UI increase from 3.4% to 4.2% when commitments are considered. The optimal replacement rate is 57% in the benchmark economy, higher than the current US policy (50%)." (Author's abstract, IAB-Doku) ((en))

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    Who Set Your Wage? (2022)

    Card, David ;

    Zitatform

    Card, David (2022): Who Set Your Wage? (NBER working paper 29683), Cambridge, Mass, 30 S. DOI:10.3386/w29683

    Abstract

    "I discuss the recent literature that has led to new interest in the idea of monopsonistic wage setting. Building on advances in search theory and in models of differentiated products, researchers have used a number of different strategies to identify the elasticity of firm-specific labor supply. A growing consensus is that firms have some wage-setting power, though many questions remain about the sources of that power." (Author's abstract, IAB-Doku) ((en))

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    Evidence on Job Search Models from a Survey of Unemployed Workers in Germany (2022)

    DellaVigna, Stefano; Schmieder, Johannes F.; Trenkle, Simon ; Heining, Jörg;

    Zitatform

    DellaVigna, Stefano, Jörg Heining, Johannes F. Schmieder & Simon Trenkle (2022): Evidence on Job Search Models from a Survey of Unemployed Workers in Germany. In: The Quarterly Journal of Economics, Jg. 137, H. 2, S. 1181-1232., 2021-09-11. DOI:10.1093/qje/qjab039

    Abstract

    "Die Wahrscheinlichkeit eine neue Beschäftigung zu finden nimmt für Bezieher von Leistungen aus der Arbeitslosenversicherung in den ersten Monaten der Arbeitslosigkeit zunächst ab, steigt dann aber zum Ende der Bezugsdauer wieder an, um danach erneut abzuflachen. Zahlreiche theoretische Ansätze wurden bisher vorgeschlagen, um dieses Muster zu erklären, jedoch ist dies kaum möglich sofern dafür nur Daten über die Tatsache der Arbeitsaufnahme an sich herangezogen werden. Um die zugrundeliegenden Mechanismen besser zu verstehen, haben wir mittels SMS-Kurznachrichten eine groß angelegte Befragung von Arbeitslosen durchgeführt. Insgesamt wurden über 6.800 Leistungsbezieher zweimal pro Woche über jeweils vier Monate über den zeitlichen Aufwand bei der Suche nach einem neuen Arbeitsplatz befragt. Aufgrund der resultierenden Panelstruktur war es uns nun möglich Erkenntnisse zu sammeln, wie sich dieser zeitliche Aufwand auf individueller Ebene über die Dauer der Arbeitslosigkeit hinweg entwickelt. Unsere drei Hauptergebnisse lauten: 1) Der Suchaufwand verläuft flach zu Beginn der Arbeitslosigkeit. 2) Weiter steigt der Suchaufwand zum Ende der Bezugsdauer an, nimmt im Anschluss daran jedoch wieder ab. 3) Es gibt keine Anzeichen dafür, dass Leistungsbezieher die Aufnahme einer neuen Beschäftigung bewusst an das Ende der Bezugsdauer verzögern. Insbesondere das zweite und das dritte dieser Ergebnisse lassen sich kaum mit den Standardmodellen zur Arbeitssuche basierend auf unbeobachteter Heterogenität bzw. so genannten Storable Offer Modellen erklären. Dagegen können die genannten Ergebnisse gut mittels eines Suchmodells mit Reference Dependence erklärt werden." (Autorenreferat, IAB-Doku)

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    Trenkle, Simon ; Heining, Jörg;
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    Applicant Reactions to Digital Selection Methods: A Signaling Perspective on Innovativeness and Procedural Justice (2022)

    Folger, Nicholas ; Welpe, Isabell M.; Brosi, Prisca ; Stumpf-Wollersheim, Jutta;

    Zitatform

    Folger, Nicholas, Prisca Brosi, Jutta Stumpf-Wollersheim & Isabell M. Welpe (2022): Applicant Reactions to Digital Selection Methods. A Signaling Perspective on Innovativeness and Procedural Justice. In: Journal of Business and Psychology, Jg. 37, H. 4, S. 735-757. DOI:10.1007/s10869-021-09770-3

    Abstract

    "Research has shown that the use of digital technologies in the personnel selection process can have both positive and negative effects on applicants’ attraction to an organization. We explain this contradiction by specifying its underlying mechanisms. Drawing on signaling theory, we build a conceptual model that applies two different theoretical lenses (instrumental-symbolic framework and justice theory) to suggest that perceptions of innovativeness and procedural justice explain the relationship between an organization’s use of digital selection methods and employer attractiveness perceptions. We test our model by utilizing two studies, namely one experimental vignette study among potential applicants (N = 475) and one retrospective field study among actual job applicants (N = 335). With the exception of the assessment stage in Study 1, the positive indirect effects found in both studies indicated that applicants perceive digital selection methods to be more innovative. While Study 1 also revealed a negative indirect effect, with potential applicants further perceiving digital selection methods as less fair than less digitalized methods in the interview stage, this effect was not significant for actual job applicants in Study 2. We discuss theoretical implications for the applicant reactions literature and offer recommendations for human resource managers to make use of positive signaling effects while reducing potential negative signaling effects linked to the use of digital selection methods." (Author's abstract, IAB-Doku) ((en))

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    Hiring in border regions: experimental and qualitative evidence from a recruiter survey in Luxembourg (2022)

    Gutfleisch, Tamara ; Samuel, Robin ;

    Zitatform

    Gutfleisch, Tamara & Robin Samuel (2022): Hiring in border regions: experimental and qualitative evidence from a recruiter survey in Luxembourg. In: Journal for labour market research, Jg. 56. DOI:10.1186/s12651-022-00327-2

    Abstract

    "Firms in border regions typically deal with heterogeneous applicant pools that include both (foreign) domestic workers and cross-border commuters. However, we know little about recruiters’ workforce needs and hiring practices in cross-border labour markets. Based on a survey of real recruiters in Luxembourg, this study presents experimental and qualitative findings on the role of country of residence in recruiters’ hiring intentions against foreigners. Luxembourg presents a rarely studied but highly relevant case for hiring practices owing to a combination of a strong economy, strict labour market regulations, and a transnational workforce. Drawing on data from a factorial survey experiment, we found no discrimination against Portuguese and French applicants living in Luxembourg. Yet, (highly skilled) cross-border workers from France and Germany faced disadvantages regarding recruiters’ hiring intentions. However, differences in effect sizes between foreigners and cross-border workers were small and not statistically significant. When further asked about the potential challenges of recruiting in Luxembourg’s cross-border labour market, respondents expressed concerns about flexibility, poor social fit, and cultural differences in hiring foreign and cross-border employees. Overall, our study provides further points of reference for studies on hiring intentions in cross-border labour markets across Europe." (Author's abstract, IAB-Doku, © Springer-Verlag) ((en))

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    Labour search with endogenous outside option (2022)

    Jain, Ritesh; Murali, Srinivasan ;

    Zitatform

    Jain, Ritesh & Srinivasan Murali (2022): Labour search with endogenous outside option. In: Economics Bulletin, Jg. 42, H. 2, S. 1092-1102.

    Abstract

    "We incorporate the extended version of Nash bargaining proposed by Vartiainen (2007) in a standard labour search and matching model to endogenously determine the outside option of workers along with their wages. We find that the optimal outside option of a worker under this framework is zero and this equilibrium maximizes social welfare when the economy is constrained efficient." (Author's abstract, IAB-Doku) ((en))

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    Business cycle asymmetries and the labor market (2022)

    Kohlbrecher, Britta; Merkl, Christian ;

    Zitatform

    Kohlbrecher, Britta & Christian Merkl (2022): Business cycle asymmetries and the labor market. In: Journal of macroeconomics, Jg. 73. DOI:10.1016/j.jmacro.2022.103458

    Abstract

    "This paper shows that a search and matching model with idiosyncratic training cost shocks can explain the asymmetric movement of the job-finding rate over the business cycle and the decline of matching efficiency in recessions. Large negative aggregate shocks move the hiring cutoff into a part of the training cost distribution with higher density. The position of the hiring cutoff in the distribution is disciplined by the empirical elasticity of the job-finding rate with respect to market tightness. Our model explains a large fraction of the matching efficiency decline during the Great Recession and generates state-dependent effects of policy interventions." (Author's abstract, IAB-Doku, © 2022 Elsevier) ((en))

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    Nonlinear Search and Matching Explained (2021)

    Bernstein, Joshua; Throckmorton, Nathaniel; Richter, Alexander W.;

    Zitatform

    Bernstein, Joshua, Alexander W. Richter & Nathaniel Throckmorton (2021): Nonlinear Search and Matching Explained. (Working paper / Federal Reserve Bank of Dallas, Research Department 2106), Dallas, TX, 28 S. DOI:10.24149/wp2106

    Abstract

    "Competing explanations for the sources of nonlinearity in search and matching models indicate that they are not fully understood. This paper derives an analytical solution to a textbook model that highlights the mechanisms that generate nonlinearity and quantifies their contributions. Procyclical variation in the matching elasticity creates nonlinearity in the job finding rate, which interacts with the law of motion for unemployment. These results show the matching function choice is not innocuous. Quantitatively, the Den Haan et al. (2000) matching function more than doubles the skewness of unemployment and welfare cost of business cycles, compared to the Cobb-Douglas specification." (Author's abstract, IAB-Doku) ((en))

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    Employer Search Behavior: Reasons for Internal Hiring (2021)

    Bertheau, Antoine ;

    Zitatform

    Bertheau, Antoine (2021): Employer Search Behavior: Reasons for Internal Hiring. In: Labour Economics, Jg. 73. DOI:10.1016/j.labeco.2021.102064

    Abstract

    "This article studies reasons for internal hiring, i.e., re-assigning or promoting an employee instead of recruiting an external candidate. We exploit a representative survey of establishments covering all European Union countries to measure employers' search for internal candidates. Internal search is a widespread practice: 66% of establishments typically search internally. The accumulation of specific skills and the provision of incentives for employees are the main advantages of hiring internally in the theoretical literature. Ordered probit estimates show that on-the-job training and internal search are positively associated. On the contrary, incentive schemes such as variable pay are not associated with employer search. These results help to assess competing theories, and in particular, suggest that specific human capital is an important driver of internal hiring. Finally, we uncover two interesting facts that need further research: internal hiring is less likely in service firms and in non-competitive product markets." (Author's abstract, IAB-Doku, © 2022 Elsevier) ((en))

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    "Are you in the right job?" Human Capital Mismatch in the UK (2021)

    Galanakis, Yannis ;

    Zitatform

    Galanakis, Yannis (2021): "Are you in the right job?" Human Capital Mismatch in the UK. (GLO discussion paper / Global Labor Organization 976), Essen, 58 S.

    Abstract

    "This paper examines a problem of worker misallocation into jobs. A theoretical model, allowing for heterogeneous workers and firms, shows that job search frictions generate mismatch between employees and employers. In the empirical analysis, the British Household Panel Survey (BHPS), the UK household Longitudinal Study (UKHLS) and British Cohort Study 1970 (BCS70) data are used to measure the incidence of mismatch, how it changes over time and whether it can be explained by unobserved ability. Results show that (i) the incidence of mismatch increases after the Great Recession. (ii) Individual transitions to/from matching take place due to workers' occupational mobility and over-time skills development. (iii) Employees can find better jobs or their mobility occurs earlier than the aggregate change of skills. (iv) Controlling for individual heterogeneity, measured by cognitive and non-cognitive skill test scores throughout childhood, does not decrease the incidence of mismatch. This suggests that unobserved productivity does not generate mismatch in the labour market." (Author's abstract, IAB-Doku) ((en))

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    Unemployment Insurance and Job Search Behavior (2021)

    Marinescu, Ioana ; Skandalis, Daphné;

    Zitatform

    Marinescu, Ioana & Daphné Skandalis (2021): Unemployment Insurance and Job Search Behavior. In: The Quarterly Journal of Economics, Jg. 136, H. 2, S. 887-931. DOI:10.1093/qje/qjaa037

    Abstract

    "How does unemployment insurance (UI) affect unemployed workers’ search behavior? Search models predict that until benefit exhaustion, UI depresses job search effort and increases reservation wages. Over an unemployment spell, search effort should increase up to benefit exhaustion and stay high thereafter. Meanwhile, reservation wages should decrease up to benefit exhaustion and stay low thereafter. To test these predictions, we link administrative registers to data on job search behavior from a major online job search platform in France. We follow over 400,000 workers, as long as they remain unemployed. We analyze the changes in search behavior around benefits exhaustion and take two steps to isolate the individual response to unemployment benefits. First, our longitudinal data allows us to correct for changes in sample composition over the spell. Second, we exploit data on workers eligible for 12–24 months of UI as well as workers ineligible for UI, to control for behavior changes over the unemployment spell that are independent of UI. Our results confirm the predictions of search models. We find that search effort (the number of job applications) increases by at least 50% during the year preceding benefits exhaustion and remains high thereafter. The target monthly wage decreases by at least 2.4% during the year preceding benefits exhaustion and remains low thereafter. In addition, we provide evidence for duration dependence: workers decrease the wage they target by 1.5% over each year of unemployment, irrespective of their UI status." (Author's abstract, IAB-Doku) ((en))

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    Testing the independence of job arrival rates and wage offers (2020)

    Braun, Christine; Rupert, Peter; Griffy, Benjamin ; Engelhardt, Bryan ;

    Zitatform

    Braun, Christine, Bryan Engelhardt, Benjamin Griffy & Peter Rupert (2020): Testing the independence of job arrival rates and wage offers. In: Labour Economics, Jg. 63. DOI:10.1016/j.labeco.2020.101804

    Abstract

    "Is the arrival rate of a job independent of the wage that it pays? We answer this question by testing whether unemployment insurance alters the job finding rate differentially across the wage distribution. To do this, we use a Mixed Proportional Hazard Competing Risk Model in which we classify quantiles of the wage distribution as competing risks faced by searching unemployed workers. Allowing for flexible unobserved heterogeneity across spells, we find that unemployment insurance increases the likelihood that a searcher matches to higher paying jobs relative to low or medium paying jobs, rejecting the notion that wage offers and job arrival rates are independent. We show that dependence between wages and job offer arrival rates explains 9% of the increase in the duration of unemployment associated with unemployment insurance." (Author's abstract, IAB-Doku, © 2020 Elsevier) ((en))

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    Efficiency Of Wage Bargaining With On-The-Job Search (2020)

    Cai, Xiaoming ;

    Zitatform

    Cai, Xiaoming (2020): Efficiency Of Wage Bargaining With On-The-Job Search. In: International Economic Review, Jg. 61, H. 4, S. 1749-1775. DOI:10.1111/iere.12478

    Abstract

    "This article studies efficiency in a general class of search models where both unemployed and employed workers search for better jobs and can meet multiple firms simultaneously. Employers can respond to outside offers and wages are a weighted average of the productivities of the current employer and a credible poaching firm. I derive a condition that balances firms' bargaining power and their meeting externality. This condition ensures efficiency of both worker turnover and firm entry. Finally, the efficiency condition unifies and extends many of the results on the efficiency of equilibrium search models." (Author's abstract, IAB-Doku, Published by arrangement with John Wiley & Sons) ((en))

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    Evidence on job search models from a survey of unemployed workers in Germany (2020)

    DellaVigna, Stefano; Schmieder, Johannes F.; Trenkle, Simon ; Heining, Jörg;

    Zitatform

    DellaVigna, Stefano, Jörg Heining, Johannes F. Schmieder & Simon Trenkle (2020): Evidence on job search models from a survey of unemployed workers in Germany. (IAB-Discussion Paper 13/2020), Nürnberg, 60 S.

    Abstract

    "Die Wahrscheinlichkeit eine neue Beschäftigung zu finden nimmt für Bezieher von Leistungen aus der Arbeitslosenversicherung in den ersten Monaten der Arbeitslosigkeit zunächst ab, steigt dann aber zum Ende der Bezugsdauer wieder an, um danach erneut abzuflachen. Zahlreiche theoretische Ansätze wurden bisher vorgeschlagen, um dieses Muster zu erklären, jedoch ist dies kaum möglich sofern dafür nur Daten über die Tatsache der Arbeitsaufnahme an sich herangezogen werden. Um die zugrundeliegenden Mechanismen besser zu verstehen, haben wir mittels SMS-Kurznachrichten eine groß angelegte Befragung von Arbeitslosen durchgeführt. Insgesamt wurden über 6.800 Leistungsbezieher zweimal pro Woche über jeweils vier Monate über den zeitlichen Aufwand bei der Suche nach einem neuen Arbeitsplatz befragt. Aufgrund der resultierenden Panelstruktur war es uns nun möglich Erkenntnisse zu sammeln, wie sich dieser zeitliche Aufwand auf individueller Ebene über die Dauer der Arbeitslosigkeit hinweg entwickelt. Unsere drei Hauptergebnisse lauten: 1) Der Suchaufwand verläuft flach zu Beginn der Arbeitslosigkeit. 2) Weiter steigt der Suchaufwand zum Ende der Bezugsdauer an, nimmt im Anschluss daran jedoch wieder ab. 3) Es gibt keine Anzeichen dafür, dass Leistungsbezieher die Aufnahme einer neuen Beschäftigung bewusst an das Ende der Bezugsdauer verzögern. Insbesondere das zweite und das dritte dieser Ergebnisse lassen sich kaum mit den Standardmodellen zur Arbeitssuche basierend auf unbeobachteter Heterogenität bzw. so genannten Storable Offer Modellen erklären. Dagegen können die genannten Ergebnisse gut mittels eines Suchmodells mit Reference Dependence erklärt werden." (Autorenreferat, IAB-Doku)

    Beteiligte aus dem IAB

    Trenkle, Simon ; Heining, Jörg;

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    Online Appendix
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    The role of search frictions in the long-run relationships between inflation, unemployment and capital (2020)

    Gomis-Porqueras, Pedro; Huangfu, Stella ; Sun, Hongfei ;

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    Gomis-Porqueras, Pedro, Stella Huangfu & Hongfei Sun (2020): The role of search frictions in the long-run relationships between inflation, unemployment and capital. In: European Economic Review, Jg. 123. DOI:10.1016/j.euroecorev.2020.103396

    Abstract

    "This paper explores the long-run relationships between inflation, unemployment and capital accumulation by proposing a model with search frictions in both goods and labor markets. This framework allows us to identify a negative extensive margin effect of inflation on the number of firms demanding capital and a positive intensive margin effect of inflation on the capital demanded per firm. The two effects together generate a hump-shaped relationship between long-run inflation and aggregate capital. These results are consistent with our empirical evidence from a cross-section of 76 countries, which suggests a non-monotonic relationship between inflation and investment to GDP ratio in the long run. Our calibrated results are also consistent with empirical findings from the U.S. data on the effect of inflation on capital stock, unemployment and the real interest rates." (Author's abstract, IAB-Doku, © 2020 Elsevier) ((en))

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    The German job search panel (2020)

    Hetschko, Clemens ; Schmidtke, Julia ; Stephan, Gesine ; Schöb, Ronnie ; Lawes, Mario ; Eid, Michael ;

    Zitatform

    Hetschko, Clemens, Julia Schmidtke, Michael Eid, Mario Lawes, Ronnie Schöb & Gesine Stephan (2020): The German job search panel. (OSF preprints), 2020-04-23. DOI:10.31219/osf.io/7jazr

    Abstract

    "This report introduces the German Job Search Panel, a longitudinal survey that follows people who register as job seeking over the course of up to two years. The focus of the survey is on job seekers’ well-being and health. An innovative survey app is used to allow for frequent measurement every month and for conducting the experience sampling method. The collected data may be linked to administrative records of the Federal Employment Agency, provided that people give their consent. A subsample of surveyed job seekers took part in hair sampling to measure their cortisol levels. In this report, we describe the sampling procedure, adjustments over the recruitment period and the collected data. We moreover examine selective participation in the panel. It turns out that high-skilled workers, young individuals and women were more likely to sign up. Age increases the probability to take part in the hair sampling. People working in East Germany were more likely to consent to the linkage of survey data and administrative records." (Author's abstract, IAB-Doku) ((en))

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    Schmidtke, Julia ; Stephan, Gesine ;
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    Discriminated by an algorithm: a systematic review of discrimination and fairness by algorithmic decision-making in the context of HR recruitment and HR development (2020)

    Köchling, Alina ; Wehner, Marius Claus ;

    Zitatform

    Köchling, Alina & Marius Claus Wehner (2020): Discriminated by an algorithm. A systematic review of discrimination and fairness by algorithmic decision-making in the context of HR recruitment and HR development. In: Schmalenbach Journal of Business Research, Jg. 13, H. 3, S. 795-848. DOI:10.1007/s40685-020-00134-w

    Abstract

    "Algorithmic decision-making is becoming increasingly common as a new source of advice in HR recruitment and HR development. While firms implement algorithmic decision-making to save costs as well as increase efficiency and objectivity, algorithmic decision-making might also lead to the unfair treatment of certain groups of people, implicit discrimination, and perceived unfairness. Current knowledge about the threats of unfairness and (implicit) discrimination by algorithmic decision-making is mostly unexplored in the human resource management context. Our goal is to clarify the current state of research related to HR recruitment and HR development, identify research gaps, and provide crucial future research directions. Based on a systematic review of 36 journal articles from 2014 to 2020, we present some applications of algorithmic decision-making and evaluate the possible pitfalls in these two essential HR functions. In doing this, we inform researchers and practitioners, offer important theoretical and practical implications, and suggest fruitful avenues for future research." (Author's abstract, IAB-Doku) ((en))

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    Labor force participation, job search effort and unemployment insurance in the laboratory (2020)

    Lechthaler, Wolfgang ; Ring, Patrick ;

    Zitatform

    Lechthaler, Wolfgang & Patrick Ring (2020): Labor force participation, job search effort and unemployment insurance in the laboratory. (Kiel working paper 2149), Kiel, 39 S.

    Abstract

    "How the provision of unemployment benefits affects employment and unemployment is a debated issue. In this paper, we aim at complementing theoretical and empirical contributions to this debate with a laboratory experiment: We simulate a job market with search effort and labor force participation decisions while varying the maximum length of unemployment benefit eligibility. Our results reveal two separable, opposing effects: Individuals within the labor force search with lower effort when unemployment benefits are extended. However, individuals are more likely to participate in the labor force and to actively search for a job. Concerning employment, the second effect dominates so that unemployment benefits raise employment." (Author's abstract, IAB-Doku) ((en))

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    Labor participation externalities and unemployment (2020)

    Lu, Chia-hui ;

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    Lu, Chia-hui (2020): Labor participation externalities and unemployment. In: Economics Bulletin, Jg. 40, H. 2, S. 1002-1010.

    Abstract

    "Introducing labor participation externalities into a standard search model, this paper investigates the impact of such externalities and the reform of unemployment compensation on macroeconomic performance. This paper finds that keeping up with the Joneses behavior on labor participation accompanying the reduction in unemployment benefits can decrease the unemployment rate and increase the labor participation rate." (Author's abstract, IAB-Doku) ((en))

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    Declining Search Frictions, Unemployment and Growth (2020)

    Martellini, Paolo; Menzio, Guido ;

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    Martellini, Paolo & Guido Menzio (2020): Declining Search Frictions, Unemployment and Growth. In: Journal of Political Economy, Jg. 128, H. 12, S. 4387-4437. DOI:10.1086/710975

    Abstract

    "For a search-theoretic model of the labor market, we seek conditions for the existence of a Balanced Growth Path (BGP), an equilibrium in which unemployment, vacancy, and worker's transition rates remain constant in the face of improvements in the production and search technologies. A BGP exists iff firm-worker matches are inspection goods, and the idiosyncratic component of productivity of a match is drawn from a Pareto distribution. Declining search frictions contribute to the growth of the economy with an intensity that depends on the tail coeffcient of the Pareto distribution. A corollary of the theory is that market size does not affect unemployment, vacancy and worker's transition rates even with non-constant returns to scale in search. We develop a strategy to measure the rate of decline of search frictions, the returns to scale in search, and their contribution to growth." (Author's abstract, IAB-Doku) ((en))

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    Search, shirking and labor market volatility (2020)

    Martin, Christopher ; Wang, Bingsong;

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    Martin, Christopher & Bingsong Wang (2020): Search, shirking and labor market volatility. In: Journal of macroeconomics, Jg. 66. DOI:10.1016/j.jmacro.2020.103243

    Abstract

    "This paper proposes a modified version of the standard search and matching model of the labor market that includes a shirking mechanism. We show that our model delivers a close match to the simulated volatilities, correlations and autocorrelations of unemployment, vacancies, labor market tightness and the job finding rate with values observed in US data. In doing so, it outperforms prominent alternative models. Our model also has novel policy implications for the impact of income taxes, subsidies on hiring and employment taxes on unemployment and its volatility." (Author's abstract, IAB-Doku, © 2020 Elsevier) ((en))

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    Efficiency in a search and matching model with endogenous labor participation and different skill groups (2020)

    Masui, Makoto;

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    Masui, Makoto (2020): Efficiency in a search and matching model with endogenous labor participation and different skill groups. In: Economics Bulletin, Jg. 40, H. 4, S. 2648-2653.

    Abstract

    "This study addresses endogenous labor force participation based on a search and matching model with workers' productivity dispersion within different skill groups. I show that equilibrium vacancy creation can be both excessive and insufficient from the viewpoint of economic efficiency, depending on the relative share of workers in a high-skill group." (Author's abstract, IAB-Doku) ((en))

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    Estimation of a Roy/search/compensating differential model of the labor market (2020)

    Taber, Christopher; Vejlin, Rune ;

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    Taber, Christopher & Rune Vejlin (2020): Estimation of a Roy/search/compensating differential model of the labor market. In: Econometrica, Jg. 88, H. 3, S. 1031-1069. DOI:10.3982/ECTA14441

    Abstract

    "In this paper, we develop a model that captures key components of the Roy model, a search model, compensating differentials, and human capital accumulation on-the-job. We establish which components of the model can be non-parametrically identified and which ones cannot. We estimate the model and use it to assess the relative contribution of the different factors for overall wage inequality. We find that variation in premarket skills (the key feature of the Roy model) is the most important component to account for the majority of wage variation. We also demonstrate that there is substantial interaction between the other components, most notably, that the importance of the job match obtained by search frictions varies from around 4% to around 29%, depending on how we account for other components. Inequality due to preferences for non-pecuniary aspects of the job (which leads to compensating differentials) and search are both very important for explaining other features of the data. Search is important for turnover, but so are preferences for non-pecuniary aspects of jobs as one-third of all choices between two jobs would have resulted in a different outcome if the worker only cared about wages." (Author's abstract, IAB-Doku) ((en))

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    Structural empirical evaluation of job search monitoring (2019)

    Berg, Gerard J. van den ; Klaauw, Bas van der ;

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    Berg, Gerard J. van den & Bas van der Klaauw (2019): Structural empirical evaluation of job search monitoring. In: International Economic Review, Jg. 60, H. 2, S. 879-903. DOI:10.1111/iere.12376

    Abstract

    "To evaluate search effort monitoring of unemployed workers, it is important to take account of post-unemployment wages and job-to-job mobility. We structurally estimate a model with search channels, using an RCT in which monitoring is randomized. The data include registers and survey data on search behavior. We find that the opportunity to move to better-paid jobs in employment reduces the extent to which monitoring induces substitution towards formal search channels in unemployment. Job mobility compensates for adverse long-run effects of monitoring on wages. We examine counterfactual policies against moral hazard, like reemployment bonuses and changes of the benefits path." (Author's abstract, Published by arrangement with John Wiley & Sons) ((en))

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    Financial risk and unemployment (2019)

    Eckstein, Zvi; Weiss, David ; Setty, Ofer ;

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    Eckstein, Zvi, Ofer Setty & David Weiss (2019): Financial risk and unemployment. In: International Economic Review, Jg. 60, H. 2, S. 475-516. DOI:10.1111/iere.12360

    Abstract

    "There is a strong correlation between corporate interest rates, their spreads relative to Treasuries, and the unemployment rate. We model how corporate interest rates affect equilibrium unemployment and vacancies, in a Diamond - Mortesen - Pissarides search and matching model. Our simple model permits the exploration of U.S. business cycle statistics through the lens of financial shocks. We calibrate the model using U.S. data without targeting business cycle statistics. Volatility in the corporate interest rate can explain a quantitatively meaningful portion of the labor market. Data on corporate firms support the hypothesis that firms facing more volatile financial conditions have more volatile employment." (Author's abstract, Published by arrangement with John Wiley & Sons) ((en))

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    Inconsistent time preferences and on-the-job search: When it pays to be naive (2019)

    Fahn, Matthias; Seibel, Regina ;

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    Fahn, Matthias & Regina Seibel (2019): Inconsistent time preferences and on-the-job search. When it pays to be naive. (CESifo working paper 7604), München, 21 S.

    Abstract

    "We study optimal employment contracts for present-biased employees who can conduct on-the-job-search. Presuming that firms cannot offer long-term contracts, we find that individuals who are naive about their present bias will actually be better off than sophisticated or time-consistent individuals. Moreover, they search more, which partially counteracts the inefficiencies caused by their present bias." (Author's abstract, IAB-Doku) ((en))

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    Job search under asymmetric information: endogenous wage dispersion and unemployment stigma (2019)

    Feng, Shuaizhang ; Zheng, Bingyong; Lefgren, Lars ; Platt, Brennan C.;

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    Feng, Shuaizhang, Lars Lefgren, Brennan C. Platt & Bingyong Zheng (2019): Job search under asymmetric information: endogenous wage dispersion and unemployment stigma. In: Economic Theory, Jg. 67, H. 4, S. 817-851. DOI:10.1007/s00199-018-1099-7

    Abstract

    "We present a model of directed job search with asymmetric information regarding worker type. While job applicants know their productivity type, firms can only observe the duration of unemployment as well as a noisy signal of worker type. Firms can offer an unscreened wage or a wage that is conditioned on passing the screening and the duration of unemployment. This framework leads to three possible equilibria, which depend on model parameter values. We describe the circumstances under, which each equilibrium may result and the empirical implications of each equilibrium. Our model sheds light into wage scarring, unemployment duration, wage dispersion and firm-wage sorting, as well as the effects of unemployment insurance and minimum wages on search behavior and the distribution of wages." (Author's abstract, IAB-Doku) ((en))

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    Labor supply, income distribution, and tax progressivity in a search model (2019)

    Fu, Zhiming; Wu, Liang ; Zhuang, Ziguan;

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    Fu, Zhiming, Liang Wu & Ziguan Zhuang (2019): Labor supply, income distribution, and tax progressivity in a search model. In: The B.E. Journal of Macroeconomics, Jg. 19, H. 1, S. 1-18. DOI:10.1515/bejm-2017-0185

    Abstract

    "We develop a search model with risk-averse households to study the impact of tax progressivity on labor supply and income inequality across education groups. Labor supply responses are considered along both intensive and extensive margins. Our quantitative results are consistent with those of the existing empirical literature. First, we find that a decline in tax progressivity associated with the Tax Reform Act of 1986 has a significant impact on the aggregate labor supply with approximately 61 percent occurred along the extensive margin. Second, households differ in their labor and income responses to tax reform. A decline in tax progressivity changes the income composition of each household by affecting labor supplies and asset holdings. This leads to an increase in income inequality. Therefore, the tax share paid by the most educated group rises due to an increase in capital income after tax reforms are instituted." (Author's abstract, © De Gruyter) ((en))

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    The Beveridge curve and labour market flows - a reinterpretation (2019)

    Gottfries, Nils; Stadin, Karolina;

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    Gottfries, Nils & Karolina Stadin (2019): The Beveridge curve and labour market flows - a reinterpretation. (CESifo working paper 7689), München, 52 S.

    Abstract

    "According to search-matching theory, the Beveridge curve slopes downward because vacancies are filled more quickly when unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low inflow of new vacancies. We construct a simple model with on-the-job search and show that it is broadly consistent with the cyclical behaviour of stocks and flows in the labour market also without search frictions. In periods of high unemployment, fewer employed job seekers find new jobs and this leads to a smaller inflow of new vacancies." (Author's abstract, IAB-Doku) ((en))

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    Performance pay and applicant screening (2019)

    Jirjahn, Uwe ; Mohrenweiser, Jens ;

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    Jirjahn, Uwe & Jens Mohrenweiser (2019): Performance pay and applicant screening. In: BJIR, Jg. 57, H. 3, S. 540-575. DOI:10.1111/bjir.12443

    Abstract

    "Using German establishment data, we show that the relationship between intensity of individual-based performance pay and intensity of applicant screening depends on the nature of production. In establishments with increased multitasking, performance pay is positively associated with applicant screening. By contrast, in establishments without increased multitasking, performance pay is negatively associated with applicant screening.We do not find a similar pattern of results for group-based performance pay or profit-sharing. Our findings fit the hypothesis that individual-based performance pay induces a positive self-sorting of employees if jobs are less multifaceted. In this case, employers with a high intensity of performance pay do not need intensive applicant screening to ensure a high quality of matches between workers and jobs. However, if jobs are more multifaceted, individual-based performance pay can entail problems of adverse self-sorting. In order to mitigate or overcome these problems, employers making intensive use of performance pay also screen applicants more intensively." (Author's abstract, Published by arrangement with John Wiley & Sons) ((en))

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    The role of spatial and skill mismatches: explaining long-term unemployment in Paris (2019)

    L'Horty, Yannick ; Sari, Florent ;

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    L'Horty, Yannick & Florent Sari (2019): The role of spatial and skill mismatches. Explaining long-term unemployment in Paris. In: Regional Studies. Journal of the Regional Studies Association, Jg. 53, H. 2, S. 283-296. DOI:10.1080/00343404.2018.1462480

    Abstract

    "In the Paris region, one can observe simultaneously the coexistence of a large and dynamic job pool with long-lasting periods of unemployment. This paradox reveals the importance of skill and spatial mismatch mechanisms, which are often used to explain disparities in local labour market outcomes. This paper uses several spatial models to measure the effects of these two mechanisms on unemployment durations in the Paris region. The results show that both problems affect municipalities close to the centre of Paris, while unemployment situations in municipalities on the fringes of the region are mainly affected by a lack of local employment dynamism." (Author's abstract, IAB-Doku) ((en))

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    Search and multiple jobholding (2019)

    Lalé, Etienne ;

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    Lalé, Etienne (2019): Search and multiple jobholding. (IZA discussion paper 12294), Bonn, 52 S.

    Abstract

    "A search-theoretic model of the labor market with idiosyncratic fluctuations in hours worked, search both off- and on-the-job, and multiple jobholding is developed. Taking on a second job entails a commitment to hold onto the primary employer, enabling the worker to use the primary job as her outside option to bargain with the secondary employer. The model performs well at explaining multiple jobholding inflows and outflows, and it is informative for understanding the secular decline in multiple jobholding. While some worry that this decline heralds a less-flexible labor market, the model reveals that it has contributed to reducing search frictions." (Author's abstract, IAB-Doku) ((en))

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    Selective hiring and welfare analysis in labor market models (2019)

    Merkl, Christian ; Rens, Thijs van ;

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    Merkl, Christian & Thijs van Rens (2019): Selective hiring and welfare analysis in labor market models. In: Labour economics, Jg. 57, H. April, S. 117-130. DOI:10.1016/j.labeco.2019.01.008

    Abstract

    "Firms select not only how many, but also which workers to hire. Yet, in most labor market models all workers have the same probability of being hired. We argue that selective hiring crucially affects welfare analysis. We set up a model that is isomorphic to a search model under random hiring but allows for selective hiring. With selective hiring, the positive predictions of the model change very little, but implications for welfare are different for two reasons. First, a hiring externality occurs with random but not with selective hiring. Second, the welfare costs of unemployment are much larger with selective hiring, because unemployment risk is distributed unequally across workers." (Author's abstract, © 2019 Elsevier) ((en))

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    Horizontal mismatch between employment and field of education: evidence from a systematic literature review (2019)

    Somers, Melline A. ; Cabus, Sofie J.; Groot, Wim ; Maassen van den Brink, Henriëtte;

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    Somers, Melline A., Sofie J. Cabus, Wim Groot & Henriëtte Maassen van den Brink (2019): Horizontal mismatch between employment and field of education. Evidence from a systematic literature review. In: Journal of Economic Surveys, Jg. 33, H. 2, S. 597-603. DOI:10.1111/joes.12271

    Abstract

    "This paper provides a systematic review of the growing literature on the poor match between employees' field degree and the job requirements, also referred to as horizontal mismatch. We identify the different definitions used in the literature and find that each measure of horizontal mismatch yields substantially different incidence rates. We discuss the validity of the different measures and conclude that a more uniform definition of horizontal mismatch is needed. The likelihood of horizontal mismatch is among other things determined by the extent to which employees possess general skills as opposed to occupation-specific skills, and, it appears to be more frequently present among older workers. Compared to well-matched employees, horizontally mismatched workers generally incur a wage penalty, are less satisfied with their jobs, and are more likely to regret their study programme. The ensuing findings offer guidance to prevent horizontal mismatch as well as a roadmap for future research." (Author's abstract, Published by arrangement with John Wiley & Sons) ((en))

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    Soziologische Arbeitsmarkttheorien: Ein Überblick (2019)

    Weingärtner, Simon ;

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    Weingärtner, Simon (2019): Soziologische Arbeitsmarkttheorien. Ein Überblick. (Wirtschaft und Gesellschaft), Wiesbaden: Springer VS, 246 S. DOI:10.1007/978-3-658-23743-1

    Abstract

    "Die Arbeit stellt die erste Einführung und Übersicht zu soziologischen Arbeitsmarkttheorien im deutschsprachigen Raum vor und versucht einen Brückenschlag zwischen Wirtschafts- und Arbeitsmarktsoziologie. Anhand eines mehrdimensionalen Systematisierungskonzeptes werden arbeitsmarkttheoretische Erklärungsansätze aus verschiedenen sozialtheoretischen Forschungsrichtungen vorgestellt und anhand ihrer zentralen Aussagen und empirischen Schlussfolgerungen miteinander verglichen." (Verlagsangaben, © Springer)

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    The minimum wage and search effort (2018)

    Adams, Camilla; Meer, Jonathan ; Sloan, CarlyWill;

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    Adams, Camilla, Jonathan Meer & CarlyWill Sloan (2018): The minimum wage and search effort. (NBER working paper 25128), Cambrige, Mass., 36 S. DOI:10.3386/w25128

    Abstract

    "Labor market search-and-matching models posit supply-side responses to minimum wage increases that may lead to improved matches and lessen or even reverse negative employment effects. Yet there is no empirical evidence on this crucial assumption. Using event study analysis of recent minimum wage increases, we find that increases to minimum wage do not increase the likelihood of searching, but do lead to large yet very transitory spikes in search effort by individuals already looking for work. The results are not driven by changes in the composition of searchers." (Author's abstract, IAB-Doku) ((en))

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    On-the-job search with match-specific amenities (2018)

    Albrecht, James ; Carrillo-Tudela, ; Carlos, ; Vroman, Susan ;

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    Albrecht, James & Susan Vroman (2018): On-the-job search with match-specific amenities. In: Economics Letters, Jg. 162, H. January, S. 15-17. DOI:10.1016/j.econlet.2017.10.013

    Abstract

    "We construct an equilibrium on-the-job search model in which workers value wages and amenities. We show by example that in a standard (Burdett/Mortensen) model with a distribution of worker tastes over amenities, worker mobility need not imply equilibrium wage dispersion." (Author's abstract, © 2017 Elsevier) ((en))

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    Job search requirements, effort provision and labor market outcomes (2018)

    Arni, Patrick ; Schiprowski, Amelie ;

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    Arni, Patrick & Amelie Schiprowski (2018): Job search requirements, effort provision and labor market outcomes. (CESifo working paper 7200), München, 53 S.

    Abstract

    "How effective are effort targets? This paper provides novel evidence on the effects of job search requirements on effort provision and labor market outcomes. Based on large-scale register data, we estimate the returns to required job search effort, instrumenting individual requirements with caseworker stringency. Identification is ensured by the conditional random assignment of job seekers to caseworkers. We find that the duration of un- and non-employment both decrease by 3% if the requirement increases by one monthly application. When instrumenting actual applications with caseworker stringency, an additionally provided monthly application decreases the length of spells by 4%. In line with theory, we further find that the effect of required effort decreases in the individual's voluntary effort. Finally, the requirement level causes small negative effects on job stability, reducing the duration of re-employment spells by 0.3% per required application. We find a zero effect on re-employment wages." (Author's abstract, IAB-Doku) ((en))

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    Can job search assistance improve the labour market integration of refugees? evidence from a field experiment (2018)

    Battisti, Michele ; Laurentsyeva, Nadzeya; Giesing, Yvonne ;

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    Battisti, Michele, Yvonne Giesing & Nadzeya Laurentsyeva (2018): Can job search assistance improve the labour market integration of refugees? evidence from a field experiment. (CESifo working paper 7292), München, 31 S.

    Abstract

    "We conducted a field experiment to evaluate the impact of job-search assistance on the employment of recently arrived refugees in Germany. The treatment group received jobmatching support: an NGO identified suitable vacancies and sent the refugees' CVs to employers. Results of follow-up phone surveys show a positive and significant treatment effect of 13 percentage points on employment after twelve months. These effects are concentrated among low-educated refugees and those facing uncertainty about their residence status. These individuals might not search effectively, lack access to alternative support programmes, and may be disregarded by employers due to perceived higher hiring costs." (Author's abstract, IAB-Doku) ((en))

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    Economic job search and decision-making models (2018)

    Berg, Gerard J. van den ; Uhlendorff, Arne ;

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    Berg, Gerard J. van den & Arne Uhlendorff (2018): Economic job search and decision-making models. In: U.- C. Klehe & E. A. J. van Hooft (Hrsg.) (2018): The Oxford Handbook of job loss and job search, S. 243-255, 2015-03-15.

    Abstract

    "The economic job search theory is based on the assumption that individuals have imperfect information about jobs and wages. It takes time to find an acceptable job and individuals have to make decisions about their job search behavior. The optimal job search behavior is characterized by the reservation wage, that is, the wage above which job offers are accepted, and by the search effort. Both components depend on factors such as the income during job search and the probability of receiving a job offer. Search effort can be described by the amount of resources used for finding a job, which includes time but can also include the type of search channels. We present the basic models of economic job search theory and selected empirical findings, in which we focus on the job search behavior of unemployed individuals." (Author's abstract, IAB-Doku) ((en))

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    Uhlendorff, Arne ;
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    Financial constraints in search equilibrium: Mortensen Pissarides meet Holmstrom and Tirole (2018)

    Boeri, Tito ; Garibaldi, Pietro ; Moen, Espen R. ;

    Zitatform

    Boeri, Tito, Pietro Garibaldi & Espen R. Moen (2018): Financial constraints in search equilibrium. Mortensen Pissarides meet Holmstrom and Tirole. In: Labour economics, Jg. 50, H. March, S. 144-155. DOI:10.1016/j.labeco.2017.06.003

    Abstract

    "A key lesson from the Great Recession is that firms' leverage and access to finance are important for hiring and firing decisions. It is now empirically established that bank lending is correlated with employment losses when credit conditions deteriorate. We provide further evidence of this and make causal inferences on the effect of leverage on job losses drawing on a new firm-level dataset that we assembled on employment and financial positions of European firms. Yet, in the Diamond Mortensen Pissarides (DMP) model there is no role for finance. All projects that display positive net present values are realized and financial markets are assumed to be perfect. What if financial markets are not perfect? Does a different access to finance influence the firm's hiring and firing decisions? The paper uses the concept of limited pledgeability proposed by Holmstrom and Tirole to integrate financial imperfections and labor market imperfections. A negative shock wipes out the firm's physical capital and leads to job destruction unless internal cash was accumulated by firms. If firms hold liquid assets they may thus protect their search capital, defined as the cost of attracting and hiring workers. The paper explores the trade-off between size and precautionary cash holdings in both partial and general equilibrium. We find that if labor market frictions disappear, so does the motive for firms to hold liquidity. This suggests a fundamental complementarity between labor market frictions and holding of liquid assets by firms." (Author's abstract, © 2017 Elsevier) ((en))

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    Disentangling goods, labor, and credit market frictions in three European economies (2018)

    Brzustowski, Thomas; Wasmer, Etienne ; Petrosky-Nadeau, Nicolas ;

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    Brzustowski, Thomas, Nicolas Petrosky-Nadeau & Etienne Wasmer (2018): Disentangling goods, labor, and credit market frictions in three European economies. In: Labour economics, Jg. 50, H. March, S. 180-196. DOI:10.1016/j.labeco.2016.05.006

    Abstract

    "We build a flexible model with search frictions in three markets: credit, labor, and goods markets. We then apply this model (called CLG) to three different economies: a flexible, finance-driven economy (the UK), an economy with wage moderation (Germany), and an economy with structural rigidities (Spain). In these three countries, goods and credit market frictions play a dominant role in entry costs and account for 75% to 85% of the total entry costs. In the goods market, adverse supply shocks are amplified through their propagation to the demand side, as they also imply income losses for consumers. This adds up to, at most, an additional 15% to 25% to the impact of the shocks. Finally, the speed of matching in the goods market and the credit market accounts for a small fraction of unemployment: most variation in unemployment comes from the speed of matching in the labor market." (Author's abstract, © 2016 Elsevier) ((en))

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    Endogenous separations, wage rigidities and unemployment volatility (2018)

    Carlsson, Mikael ; Westermark, Andreas ;

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    Carlsson, Mikael & Andreas Westermark (2018): Endogenous separations, wage rigidities and unemployment volatility. (Working papers / Institute for Evaluation of Labour Market and Education Policy 2018,05), Uppsala, 33 S.

    Abstract

    "We show that in microdata, as well as in a search and matching model with flexible wages for new hires, wage rigidities of incumbent workers have substantial effects on separations and unemployment volatility. Allowing for an empirically relevant degree of wage rigidities for incumbent workers drives unemployment volatility, as well as the volatility of vacancies and tightness to that in the data. Thus, the degree of wage rigidity for newly hired workers is not a sufficient statistic for determining the effect of wage rigidities on macroeconomic outcomes. This finding affects the interpretation of a large empirical literature on wage rigidities." (Author's abstract, IAB-Doku) ((en))

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    Unemployment and vacancy dynamics with imperfect financial markets (2018)

    Carrillo-Tudela, Carlos ; Wälde, Klaus ; Graber, Michael ;

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    Carrillo-Tudela, Carlos, Michael Graber & Klaus Wälde (2018): Unemployment and vacancy dynamics with imperfect financial markets. In: Labour economics, Jg. 50, H. March, S. 128-143. DOI:10.1016/j.labeco.2017.04.005

    Abstract

    "This paper proposes a simple general equilibrium model with labour market frictions and an imperfect financial market. The aim of the paper is to analyse the transitional dynamics of unemployment and vacancies when financial constraints are in place. We model the financial sector as a monopolistically competitive banking sector that intermediates financial capital between firms. This structure implies a per period financial resource constraint which has a closed form solution and describes the transition path of unemployment and vacancies to their steady state values. We show that the transition path crucially depends on the degree of wage flexibility. When wages do not depend on the unemployment rate the transition path is always downward sloping. This implies unemployment and vacancies adjust in opposite directions as observed in the data. When calibrating the model to the Great Recession and its aftermath we find that the lack of an improvement in the financial sector's effectiveness to intermediate resources played a crucial role in the slow recovery of the labour market." (Author's abstract, © 2017 Elsevier) ((en))

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    Alternating offers with asymmetric information and the unemployment volatility puzzle (2018)

    Clerc, Pierrick ;

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    Clerc, Pierrick (2018): Alternating offers with asymmetric information and the unemployment volatility puzzle. In: Labour economics, Jg. 50, H. March, S. 87-91. DOI:10.1016/j.labeco.2017.08.001

    Abstract

    "To provide micro-founded real wage rigidities, the literature on the unemployment volatility puzzle has considered alternating offers on one side, and asymmetric information on the other. Separately, however, these two frameworks deliver a limited amount of wage stickiness and thus require questionable calibrations to raise unemployment fluctuations. In this paper, we argue that the alternating offers model with one-sided asymmetric information, which combines the two frameworks, gives a more satisfactory answer to the puzzle. The results are improved along two dimensions. First, we show that this model is capable to generate large unemployment movements for a realistic calibration. Secondly, the model produces a right degree of real wage pro-cyclicality for such a calibration and therefore delivers a micro-founded explanation to real wage rigidities." (Author's abstract, © 2017 Elsevier) ((en))

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    Imperfect monitoring of job search: structural estimation and policy design (2018)

    Cockx, Bart ; Dejemeppe, Muriel; Linden, Bruno Van der ; Launov, Andrey ;

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    Cockx, Bart, Muriel Dejemeppe, Andrey Launov & Bruno Van der Linden (2018): Imperfect monitoring of job search. Structural estimation and policy design. In: Journal of labor economics, Jg. 36, H. 1, S. 75-120. DOI:10.1086/693868

    Abstract

    "We build and estimate a nonstationary structural job search model that incorporates the main stylized features of a typical job search monitoring scheme in unemployment insurance (UI) and acknowledges that search effort and requirements are measured imperfectly. On the basis of Belgian data, monitoring is found to affect search behavior only weakly because assessments were scheduled late and infrequently, the monitoring technology was not sufficiently precise, and lenient Belgian UI results in caseloads that are less responsive to incentives than elsewhere. Simulations show how changing the aforementioned design features can enhance effectiveness and that precise monitoring is key in this." (Author's abstract, IAB-Doku) ((en))

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    Schneller Internetzugang hilft Arbeitslosen bei der Jobsuche (2018)

    Diegmann, André ; Gürtzgen, Nicole ; Berg, Gerard J. van den ; Pohlan, Laura ;

    Zitatform

    Diegmann, André, Nicole Gürtzgen, Laura Pohlan & Gerard J. van den Berg (2018): Schneller Internetzugang hilft Arbeitslosen bei der Jobsuche. In: IAB-Forum H. 13.12.2018, o. Sz., 2018-12-04.

    Abstract

    "Das Internet als Massenmedium hat die Art und Weise, wie Arbeitgeber und Arbeitsuchende zusammenfinden, entscheidend verändert. Eine aktuelle Studie zeigt, dass ein schneller Internetzugang in den ersten Jahren der Verbreitung des Breitbandinternets die Erfolgschancen der Jobsuche von Arbeitslosen in Deutschland verbessert hat." (Autorenreferat, IAB-Doku)

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    Dynamics and endogeneity of firms' recruitment behaviour (2018)

    Ehrenfried, Felix; Holzner, Christian ;

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    Ehrenfried, Felix & Christian Holzner (2018): Dynamics and endogeneity of firms' recruitment behaviour. (CESifo working paper 7283), München, 51 S.

    Abstract

    "Models of random search, directed search, or stock-ow matching differ substantially in the way they assume that job seekers and firms behave during the recruitment process. In this paper we identify new patterns about the recruitment behaviour of firms using the entropy balancing technique and argue that stock-flow matching models - if suitably amended by a timeconsuming screening technology - are best able to explain why the vacancy-filling hazard is increasing during the planned search period and decreases thereafter, why most applicants arrive early in the recruitment process, and why the willingness to pay higher wages or to hire less qualified or experienced applicants increases for firms, which have been unlucky and unable to hire until the intended starting date." (Author's abstract, IAB-Doku) ((en))

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    Evidence on the relationship between recruiting and the starting wage (2018)

    Faberman, R. Jason ; Menzio, Guido ;

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    Faberman, R. Jason & Guido Menzio (2018): Evidence on the relationship between recruiting and the starting wage. In: Labour economics, Jg. 50, H. March, S. 67-79. DOI:10.1016/j.labeco.2017.01.003

    Abstract

    "Using data from the Employment Opportunity Pilot Project, we examine the relationship between the starting wage paid to the worker filling a vacancy, the number of applications attracted by the vacancy, the number of candidates interviewed for the vacancy, and the duration of the vacancy. We find that the wage is positively related to the duration of a vacancy and negatively related to the number of applications and interviews per week. We show that these surprising findings are consistent with a view of the labor market in which firms post wages and workers direct their search based on these wages if workers and jobs are heterogeneous and the interaction between the worker's type and the job's type in production satisfies some rather natural assumptions." (Author's abstract, © 2017 Elsevier) ((en))

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    On the effects of ranking by unemployment duration (2018)

    Fernández-Blanco, Javier ; Preugschat, Edgar ;

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    Fernández-Blanco, Javier & Edgar Preugschat (2018): On the effects of ranking by unemployment duration. In: European Economic Review, Jg. 104, H. May, S. 92-110. DOI:10.1016/j.euroecorev.2018.02.003

    Abstract

    "We propose a theory based on the firm's hiring behavior that rationalizes the observed significant decline of callback rates for an interview and exit rates from unemployment and the mild decline of reemployment wages over unemployment duration. We build a directed search model with symmetric incomplete information on worker types and non-sequential search by firms. Sorting due to firms' testing of applicants in the past makes expected productivity fall with duration, which induces firms to rank applicants by duration. In equilibrium callback and exit rates both fall with unemployment duration. In our numerical exercise using U.S. data we show that our model can replicate quite well the observed falling patterns, with the firm's ranking decision accounting for a sizable part." (Author's abstract, © 2018 Elsevier) ((en))

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    Household search or individual search: does it matter? (2018)

    Flabbi, Luca ; Mabli, James ;

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    Flabbi, Luca & James Mabli (2018): Household search or individual search: does it matter? In: Journal of labor economics, Jg. 36, H. 1, S. 1-46. DOI:10.1086/693864

    Abstract

    "Most labor market search models ignore the fact that decisions are often made at the household level. We fill this gap by developing and estimating a household search model with on-the-job search and labor supply. We find that ignoring the household as a decision-making unit has relevant empirical consequences. In estimation, the individual search model implies gender wage offer differentials almost twice as large as the household search model. In the application, the individual search model implies female lifetime inequality 30% lower than the household search model. Labor market policy effects on lifetime inequality are also sensitive to the specification." (Author's abstract, IAB-Doku) ((en))

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    Identifying asymmetric effects of labor market reforms (2018)

    Gehrke, Britta ; Weber, Enzo ;

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    Gehrke, Britta & Enzo Weber (2018): Identifying asymmetric effects of labor market reforms. In: European Economic Review, Jg. 110, H. November, S. 18-40., 2018-07-17. DOI:10.1016/j.euroecorev.2018.07.006

    Abstract

    "This paper proposes a novel approach to identify structural long-term driving forces of the labor market and their short-run state-dependent effects. Based on search and matching theory, our empirical model extracts these driving forces within an unobserved components approach. We relate changes in the labor market structures to reforms that enhance the flexibility of the labor market in expansion and recession. Results for Germany and Spain show that labor market reforms have substantially weaker beneficial effects in the short run when implemented in recessions. From a policy perspective, these results highlight the costs of introducing reforms in recessions." (Author's abstract, © 2018 Elsevier) ((en))

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    Gehrke, Britta ; Weber, Enzo ;
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    Time-varying job creation and macroeconomic shocks (2018)

    Guglielminetti, Elisa ; Pouraghdam, Meradj ;

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    Guglielminetti, Elisa & Meradj Pouraghdam (2018): Time-varying job creation and macroeconomic shocks. In: Labour economics, Jg. 50, H. March, S. 156-179. DOI:10.1016/j.labeco.2017.09.008

    Abstract

    "In this paper we investigate the time-varying properties of job creation in the United States in connection to the macro-economy. We address this issue through a time-varying parameter VAR (TVP-VAR) with stochastic volatility. We identify four structural shocks by combining zero long-run restrictions and short-run sign restrictions based on a NK-DSGE model with frictional labor markets. Our main findings are as follows. First, at business cycle frequencies for most part of the sample the lion share of the volatility of job creation is explained by non-technology shocks; this challenges the conventional practice of addressing the labor market volatility puzzle (Shimer, 2005) under the assumption that technology shocks are the main driver of fluctuations in hiring. Second, permanent supply shocks had a negative impact on job creation during the Great Inflation period - a result reminiscent of the 'hours puzzle' (Galí, 1999). We show that the main candidate in explaining such structural change is the more passive conduct of monetary policy at that time. It follows that the results derived from partial equilibrium models of the labor market, which imply a rise in hiring as technology improves, neglect important transmission channels and may be misleading." (Author's abstract, © 2017 Elsevier) ((en))

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    The cyclicality of labor-market flows: a multiple-shock approach (2018)

    Hairault, Jean-Olivier; Zhutova, Anastasia;

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    Hairault, Jean-Olivier & Anastasia Zhutova (2018): The cyclicality of labor-market flows. A multiple-shock approach. In: European Economic Review, Jg. 103, H. April, S. 150-172. DOI:10.1016/j.euroecorev.2018.01.008

    Abstract

    "In this paper, we aim to establish some stylized facts about the relative contributions of the job-finding and separation rates to unemployment dynamics depending on the nature of structural shocks. The shocks in our Bayesian Structural VAR model are identified using a sign-restriction approach, and capture shifts in the three conditions determining labor-market equilibrium in matching models: the Beveridge curve, and the job-creation and job-destruction conditions. Using both US and French data, we identify an aggregate shock to match profitability (the aggregate-profitability shock), a shock specific to existing jobs (the reallocation shock) and a shock to the efficiency of the matching process (the matching-efficiency shock). We find that the relative contributions of the job finding and separation rates are notably different across shocks in both countries, but are similar across countries for each type of shock. Labor market dynamics appear to be Transatlantic despite well-known institutional differences. However, it must be emphasized that the reaction of the labor market variables to the matching-efficiency shock seems more muted in the US than in France." (Author's abstract, © 2018 Elsevier) ((en))

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    Social network formation and labor market inequality (2018)

    Horvath, Gergely; Zhang, Rui ;

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    Horvath, Gergely & Rui Zhang (2018): Social network formation and labor market inequality. In: Economics Letters, Jg. 166, H. May, S. 45-49. DOI:10.1016/j.econlet.2018.01.026

    Abstract

    "We study how differences in interpersonal skills lead to inequality among workers when social connections are endogenously formed and workers find jobs through their contacts. We show that the equilibrium network structure is very unequal in terms of links and access to jobs. The equilibrium network is not socially optimal because workers impose negative externality on each other by forming more links. The degree of inequality is larger in the equilibrium than what would be socially optimal. In the equilibrium, high-skilled individuals overinvest in networking while low-skilled individuals underinvest, which enlarges the impact of differences in interpersonal skills. The degree of inequality is largest when job availability is moderate." (Author's abstract, © 2018 Elsevier) ((en))

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    The Oxford Handbook of job loss and job search (2018)

    Klehe, Ute-Christine ; Hooft, Edwin A. J. van ;

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    Klehe, Ute-Christine & Edwin A. J. van Hooft (Hrsg.) (2018): The Oxford Handbook of job loss and job search. (Oxford Library of psychology), New York: Oxford University Press, 615 S.

    Abstract

    "Job search is and always has been an integral part of people's working lives. Whether one is brand new to the labor market or considered a mature, experienced worker, job seekers are regularly met with new challenges in a variety of organizational settings. Edited by Ute-Christine Klehe and Edwin A.J. van Hooft, The Oxford Handbook of Job Loss and Job Search provides readers with one of the first comprehensive overviews of the latest research and empirical knowledge in the areas of job loss and job search.
    Multidisciplinary in nature, Klehe, van Hooft, and their contributing authors offer fascinating insight into the diverse theoretical and methodological perspectives from which job loss and job search have been studied, such as psychology, sociology, labor studies, and economics. Discussing the antecedents and consequences of job loss, as well as outside circumstances that may necessitate a more rigorous job hunt, this Handbook presents in-depth and up-to-date knowledge on the methods and processes of this important time in one's life. Further, it examines the unique circumstances faced by different populations during their job search, such as those working job-to-job, the unemployed, mature job seekers, international job seekers, and temporary employed workers.
    Job loss and unemployment are among the worst stressors individuals can encounter during their lifetimes. As a result, this Handbook concludes with a discussion of the various types of interventions developed to aid the unemployed. Further, it offers readers important insights and identifies best practices for both scholars and practitioners working in the areas of job loss, unemployment, career transitions, outplacement, and job search." (Publisher information, IAB-Doku) ((en))

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    Employment protection and unemployment benefits: on technology adoption and job creation in a matching model (2018)

    Lommerud, Kjell Erik; Vagstad, Steinar; Straume, Odd Rune ;

    Zitatform

    Lommerud, Kjell Erik, Odd Rune Straume & Steinar Vagstad (2018): Employment protection and unemployment benefits. On technology adoption and job creation in a matching model. In: The Scandinavian journal of economics, Jg. 120, H. 3, S. 763-793. DOI:10.1111/sjoe.12244

    Abstract

    "We analyse the effects of different labour-market policies (employment protection, unemployment benefits, and payroll taxes) on job creation and technology choices in a model where firms are matched with workers of different productivity and wages are determined by ex post bargaining. The model is characterized by two intertwined sources of inefficiency, namely a matching externality and a hold-up externality associated with the bargaining strength of workers. The results depend on the relative importance of the two externalities and on worker risk aversion. 'Flexicurity', meaning low employment protection and generous unemployment insurance, can be optimal if workers are sufficiently risk-averse and the hold-up problem is relatively important." (Author's abstract, Published by arrangement with John Wiley & Sons) ((en))

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    Unemployment volatility in a behavioural search model (2018)

    Martin, Chris; Wang, Bingsong;

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    Martin, Chris & Bingsong Wang (2018): Unemployment volatility in a behavioural search model. (Warwick economic research papers 1179), Coventry, 24 S.

    Abstract

    "Recent evidence that the opportunity cost of employment is pro cyclical implies that existing models based around search frictions in the labour market cannot match the large volatilities of unemployment and vacancies observed in the data. In this paper, we incorporate insights from behavioural economics into the search frictions framework. The resultant model can match observed volatilities even if the opportunity cost is strongly pro cyclical. The key mechanism in the model is that the pro-cyclicality of the opportunity cost has a limited impact on the reference wage of workers; this feeds through into a limited volatility of the wage and so to a large unemployment volatility." (Author's abstract, IAB-Doku) ((en))

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    Labor mismatches: Effects on wages and on job satisfaction in 17 OECD countries (2018)

    Mateos-Romero, Lucía; del Mar Salinas-Jiménez, María ;

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    Mateos-Romero, Lucía & María del Mar Salinas-Jiménez (2018): Labor mismatches: Effects on wages and on job satisfaction in 17 OECD countries. In: Social indicators research, Jg. 140, H. 1, S. 369-391. DOI:10.1007/s11205-017-1830-y

    Abstract

    "This study analyzes the effects of labor mismatches on wages and on job satisfaction in seventeen OECD countries by distinguishing between educational mismatch and skills mismatch. Using data from PIAAC, the results suggest that whereas educational mismatch shows greater effects on wages, the effects of labor mismatch on job satisfaction are generally better explained by skills mismatches. Both phenomena appear to be relevant for understanding the economic effects of labor mismatch and suggest that educational mismatch is not an accurate proxy for skills mismatch, mainly when the non-monetary effects of labor mismatch are addressed." (Author's abstract, © Springer-Verlag) ((en))

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    Short-time work subsidies in a matching model (2018)

    Meier, Volker ;

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    Meier, Volker (2018): Short-time work subsidies in a matching model. (CESifo working paper 7281), München, 35 S.

    Abstract

    "We consider positive and normative aspects of subsidizing work arrangements where subsidies are paid in time of low demand and reduced working hours so as to stabilize workers' income. In a matching framework such an arrangement increases labor demand. Tightening eligibility to short-time work benefits tends to reduce the wage while the impact on unemployment remains ambiguous. We develop a modified Hosios condition characterizing an efficient combination of labor market tightness and short-time benefit loss rate." (Author's abstract, IAB-Doku) ((en))

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    How unemployment scarring affects skilled young workers: Evidence from a factorial survey of Swiss recruiters (2018)

    Shi, Lulu P. ; Imdorf, Christian ; Sacchi, Stefan ; Samuel, Robin ;

    Zitatform

    Shi, Lulu P., Christian Imdorf, Robin Samuel & Stefan Sacchi (2018): How unemployment scarring affects skilled young workers. Evidence from a factorial survey of Swiss recruiters. In: Journal for labour market research, Jg. 52, S. 1-15. DOI:10.1186/s12651-018-0239-7

    Abstract

    "We ask how employers contribute to unemployment scarring in the recruitment process in the German-speaking part of Switzerland. By drawing on recruitment theories, we aim to better understand how recruiters assess different patterns of unemployment in a job candidate's CV and how this affects the chances of young applicants being considered for a vacancy. We argue that in contexts with tight school-work linkage and highly standardised Vocational Education and Training systems, the detrimental effect of early unemployment depends on how well the applicant's profile matches the requirements of the advertised position. To test this assumption, we surveyed Swiss recruiters who were seeking to fill positions during the time of data collection. We employed a factorial survey experiment that tested how the (un)employment trajectories in hypothetical young job applicants' CV affected their chances of being considered for a real vacancy. Our results show that unemployment decreases the perceived suitability of an applicant for a specific job, which implies there is a scarring effect of unemployment that increases with the duration of being unemployed. But we also found that these effects are moderated by how well the applicant's profile matches the job's requirements. Overall, the worse the match between applicant's profile and the job profile, the smaller are the scarring effects of unemployment. In sum, our findings contribute to the literature by revealing considerable heterogeneity in the scarring effects of unemployment. Our findings further suggest that the scarring effects of unemployment need to be studied with regard to country-specific institutional settings, the applicants' previous education and employment experiences, and the job characteristics." (Author's abstract, © Springer-Verlag) ((en))

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    Work as foraging: a smartphone study of job search and employment after prison (2018)

    Sugie, Naomi F. ;

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    Sugie, Naomi F. (2018): Work as foraging: a smartphone study of job search and employment after prison. In: American Journal of Sociology, Jg. 123, H. 5, S. 1453-1491. DOI:10.1086/696209

    Abstract

    "The past several decades have seen a decline in employment rates and labor force participation, particularly among low-skilled, minority men living in poor areas. As low-skill jobs disappear from poor places, how do marginalized job seekers navigate this landscape? Using over 8,000 daily measures of search and work collected from smartphones distributed to 133 men recently released from prison, this article presents the concept of work as foraging, where people work a variety of extremely precarious opportunities that span across job types. Sequence analysis methods describe distinct patterns of search and work that unfold over time, where most people cease their search efforts after the first month and maintain a state of very irregular and varied work. Although there is substantial heterogeneity in patterns, foraging is a common strategy of survival work." (Author's abstract, IAB-Doku) ((en))

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    Active labour market policies in Germany: do regional labour markets benefit? (2018)

    Wapler, Rüdiger; Wolf, Katja ; Werner, Daniel;

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    Wapler, Rüdiger, Daniel Werner & Katja Wolf (2018): Active labour market policies in Germany. Do regional labour markets benefit? In: Applied Economics, Jg. 50, H. 51, S. 5561-5578., 2018-05-01. DOI:10.1080/00036846.2018.1487526

    Abstract

    "This article examines on a regional level whether active labour market policies (ALMP) improve the matching process. To take the fact of heterogeneous search effectiveness during programme participation into account, we distinguish between current and former programme participants. Our findings based on a regional augmented matching function show that higher search effectiveness due to ALMP is not outweighed by indirect effects on nonparticipants. The total number of matches in a region increases with a higher share of former programme participants among the jobseekers. However, these effects largely differ between programme types." (Author's abstract, IAB-Doku) ((en))

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    Wapler, Rüdiger; Wolf, Katja ;
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    Insight into job search self-regulation: effects of employment self-efficacy and perceived progress on job search intensity (2018)

    da Motta Veiga, Serge P. ; Turban, Daniel B.;

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    da Motta Veiga, Serge P. & Daniel B. Turban (2018): Insight into job search self-regulation. Effects of employment self-efficacy and perceived progress on job search intensity. In: Journal of vocational behavior, Jg. 108, H. October, S. 57-66. DOI:10.1016/j.jvb.2018.06.010

    Abstract

    "This study builds on a self-regulation framework to examine the influence of employment self-efficacy and perceived progress on job search intensity. Results from a repeated-measures study with new labor market entrants indicated that job seekers with higher between-person chronic employment self-efficacy put more intensity in their job search compared to those with lower chronic employment self-efficacy. Notably, however, within-person analyses indicated that as employment self-efficacy increased, job search intensity subsequently decreased. These results provide support for social cognitive theory for between-person employment self-efficacy, and for control theory for within-person employment self-efficacy. Furthermore, increased perceived progress was positively related to subsequent job search intensity. The positive relationship of perceived progress with subsequent job search intensity was moderated by chronic employment self-efficacy, such that the relationship was positive only for job seekers with lower chronic employment self-efficacy." (Author's abstract, © 2018 Elsevier) ((en))

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    The impact of unemployment insurance on job search: evidence from Google search data (2017)

    Baker, Scott R.; Fradkin, Andrey ;

    Zitatform

    Baker, Scott R. & Andrey Fradkin (2017): The impact of unemployment insurance on job search: evidence from Google search data. In: The Review of Economics and Statistics, Jg. 99, H. 5, S. 756-768. DOI:10.1162/REST_a_00674

    Abstract

    "Job search is a key choice variable in theories of labor markets but is difficult to measure directly. We develop a job search activity index based on Google search data, the Google Job Search Index (GJSI). We validate the GJSI with both survey- and web-based measures of job search. Unlike those measures, the GJSI is high frequency, geographically precise, and available in real time. We demonstrate the GJSI's utility by using it to study the effects of unemployment insurance policy changes between 2008 and 2014. We find no evidence of an economically meaningful effect of these changes on aggregate search." (Author's abstract, © MIT Press Journals) ((en))

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    The demand side of hiring: employers in the labor market (2017)

    Bills, David B. ; Gërxhani, Klarita ; DiStasio, Valentina;

    Zitatform

    Bills, David B., Valentina DiStasio & Klarita Gërxhani (2017): The demand side of hiring: employers in the labor market. In: Annual review of sociology, Jg. 43, S. 291-310. DOI:10.1146/annurev-soc-081715-074255

    Abstract

    Soziologische Untersuchungen des Arbeitsmarkts haben sich bislang auf die Angebotsseite konzentriert, also etwa auf die Merkmale der Arbeitsuchenden und Arbeitsplatzinhaber. Trotz seiner wichtigen und vorrangigen Bedeutung bei den Arbeitsmarktprozessen hat die Nachfrageseite, haben insbesondere die Einstellungsentscheidungen der Arbeitgeber nach Ansicht der Autoren bisher zu wenig Aufmerksamkeit erhalten. Das Arbeitsverhältnis hat aber eine Nachfrage- und eine Angebotsseite sowie einen matching-Prozess, der beide zusammenführt. In der Soziologie der Nachfrageseite betrachten die Autoren mit dem Human-, Sozial- und kulturellen Kapital die drei Informationsquellen, auf denen die Einstellungsentscheidungen beruhen, und befassen sich damit auch mit den Mechanismen, die mit jeder einzelnen Informationsquelle verbunden sind. In diesem Ansatz sind die Arbeitgeber aktive Agenten, deren Einstellungsverhalten beschränkt, aber durch einen größeren gesellschaftlichen, organisationalen und institutionellen Kontext überhaupt erst möglich wird. Erforderlich dafür ist ein Forschungsprogramm, das zu einem umfassenderen empirischen und theoretischen Verständnis des Einstellungsverhaltens und dessen Stellenwerts in der Schichtenbildung des Arbeitsmarkts führt. (IAB)

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    Simultaneous search and efficiency of entry and search intensity (2017)

    Gautier, Pieter A. ; Holzner, Christian L.;

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    Gautier, Pieter A. & Christian L. Holzner (2017): Simultaneous search and efficiency of entry and search intensity. In: American Economic Journal. Microeconomics, Jg. 9, H. 3, S. 245-282. DOI:10.1257/mic.20160088

    Abstract

    "We consider a model where firms open vacancies and post and commit to a wage mechanism. Search is costly and workers simultaneously apply to multiple jobs. Firms can be connected to multiple workers and workers to multiple firms. We use a new method to derive the expected maximum number of matches in a large market as a function of the number of applications and market tightness. We also derive the conditions under which firm entry, worker participation, and search intensity are socially efficient. Finally, we show that a sequential auction under incomplete information can establish the social optimum and discuss some alternative mechanisms that can, under complete information of the entire network, also deliver social efficiency." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Identifying equilibrium models of labor market sorting (2017)

    Hagedorn, Marcus; Law, Tzuo Hann ; Manovskii, Iourii;

    Zitatform

    Hagedorn, Marcus, Tzuo Hann Law & Iourii Manovskii (2017): Identifying equilibrium models of labor market sorting. In: Econometrica, Jg. 85, H. 1, S. 29-65. DOI:10.3982/ECTA11301

    Abstract

    "We assess the empirical content of equilibrium models of labor market sorting based on unobserved (to economists) characteristics. In particular, we show theoretically that all parameters of the classic model of sorting based on absolute advantage in Becker, 1973 with search frictions can be nonparametrically identified using only matched employer - employee data on wages and labor market transitions. In particular, these data are sufficient to nonparametrically estimate the output of any individual worker with any given firm. Our identification proof is constructive and we provide computational algorithms that implement our identification strategy given the limitations of the available data sets. Finally, we add on-the-job search to the model, extend the identification strategy, and apply it to a large German matched employer - employee data set to describe detailed patterns of sorting and properties of the production function." (Author's abstract, IAB-Doku) ((en))

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