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
Labor Market Shocks and Monetary Policy (2026)
Zitatform
Birinci, Serdar, Fatih Karahan, Yusuf Mercan & Kurt See (2026): Labor Market Shocks and Monetary Policy. In: Journal of monetary economics, Jg. 159. DOI:10.1016/j.jmoneco.2026.103928
Abstract
"We develop a heterogeneous-agent New Keynesian model with a frictional labor market and on-the-job search to study how employer-to-employer (EE) transitions affect macroeconomic outcomes and monetary policy. We show that accounting for market incompleteness quantitatively alters the positive and normative implications of EE fluctuations. Under imperfect self-insurance, when a higher EE rate causes higher inflation and a higher real interest rate, wealthy individuals — who are more sensitive to interest rate changes — cut consumption by more. As a result, an economy with perfect self-insurance overestimates the decline in aggregate demand when the EE rate is higher. The optimal simple monetary policy rule responds to inflationary pressures from a higher EE rate by raising the nominal rate less aggressively when markets are complete relative to a model with imperfect self-insurance." (Author's abstract, IAB-Doku, Published by Elsevier B.V.) ((en))
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Literaturhinweis
Imperfect Self-knowledge about Skills and Skill Mismatch (2026)
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Goller, Daniel, Enzo Brox & Stefan C. Wolter (2026): Imperfect Self-knowledge about Skills and Skill Mismatch. (Working paper / Swiss Leading House 253), Zürich, 40 S., App.
Abstract
"Why do young people sort into poorly fitting occupations? This paper shows that imperfect self-knowledge about skills is an important source of skill mismatch at labor market entry. We use unique data from standardized professional aptitude tests linked to administrative records on educational trajectories and early labor market outcomes in Switzerland. The data allow us to observe objective skills and subjective skill beliefs for many productivity-relevant skills in a high-stakes setting. We document large differences among individuals in how well their beliefs align with their skills. Imperfect self-knowledge predicts misaligned occupational aspirations, higher realized skill mismatch, and a higher probability of dropout. Guided by a Roy-style model of occupational choice with imperfect self-knowledge, we interpret these findings as evidence that distorted self-assessments at the school-to-work transition contribute to the misallocation of talent." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Projecting Labour Market Imbalances and Skill Mismatch Under Demographic Change in the EU (2026)
Zitatform
Marois, Guillaume, Michaela Potancoková, Agnieszka Bezat & Jesús Crespo Cuaresma (2026): Projecting Labour Market Imbalances and Skill Mismatch Under Demographic Change in the EU. In: European Journal of Population, Jg. 42, H. 1. DOI:10.1007/s10680-025-09758-2
Abstract
"We assess long-term labour mismatches in the European Union (EU27) by projecting the occupational distribution of workers and skill-specific labour demand up to 2060. Using a dynamic microsimulation approach (Link4Skills-Mic ), we jointly model demographic, educational, and labour force dynamics at the individual level and combine country-specific projections of labour supply with projections of occupational demand. The analysis highlights growing imbalances: although the supply of highly educated workers continues to rise, shifts in demand are not evenly distributed across skill levels. Consequently, underutilization of high-skilled workers is projected to coexist with persistent vacancies in medium- and low-skilled occupations. Rather than indicating widespread labour shortages, these trends point to structural mismatches driven by the misalignment of worker qualifications, job characteristics, and hiring practices. To explore potential responses, we examine a series of policy scenarios such as expanded immigration, education reform, mid-career retraining, delayed retirement, and employer-led automation and upskilling. The findings show that, while certain policies can reduce specific mismatches, no single intervention closes all the gaps that emerge. Notably, automation reduces vacancies but increases underutilization, whereas human capital strategies shift mismatches across skill levels. These results suggest that addressing future labour mismatches will require coordinated, comprehensive and varied strategies that integrate demographic realities with evolving job demands in Europe’s ageing and increasingly digitalized and knowledge-based economies." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Older Worker’s Job Search Activities and Employment Transition (2026)
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Yeo, Hyesu (2026): Older Worker’s Job Search Activities and Employment Transition. In: Research on Aging, Jg. 48, H. 1, S. 28-43. DOI:10.1177/01640275251343107
Abstract
"This study investigated job search patterns among American older workers. Data from the 2016-2018 Health and Retirement Study included 1501 individuals aged 50+ who were looking for jobs in 2016. Latent Class Analysis (LCA) was conducted to identify job search patterns based on nine types of job search activities. Multinomial logistic regression was then used to examine membership in each class. Five job search patterns emerged from the LCA analysis, including No Ads, Ads only, Friends & Ads, Phone & Ads, and Agencies & Ads. Employment transitions were related to job search patterns. Unemployed older workers, despite utilizing more diverse job search methods, were less likely to secure new jobs compared to their employed peers. These findings highlight the need for workforce development programs to focus on workplace skill-building training and educational opportunities before becoming unemployed and age-friendly workforce development tailored to older workers with low-skilled and low income." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Job Applications and Labor Market Flows (2025)
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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)
Zitatform
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
Is labor matching effectiveness dependent on education level, age or gender? (2025)
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Cheregi, Valentina Ioana (2025): Is labor matching effectiveness dependent on education level, age or gender? In: Baltic journal of economics, Jg. 25, H. 1, S. 1-20. DOI:10.1080/1406099x.2024.2442841
Abstract
"This paper explores the role of employment pool composition on labor matching effectiveness in ten Central and Eastern European countries from 2005 to 2023. We control for the structure of the labor force in terms of education, age, and gender. The results point towards a significant impact of labor force structure on labor market outcomes. In particular, an improvement in labor matching is associated with a larger share of the labor force with advanced education. In contrast, the opposite is true for the share of women and younger persons in the labor force. The results are robust to different specifications of the model when we control for the role of institutional factors in regulating national labor markets. From a policy perspective, this study highlights the need for targeted policies to increase the efficiency of the matching process aimed at specific structures of the labor force." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Marshallian agglomeration, labour pooling and skills matching (2025)
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Corradini, Carlo, David Morris & Enrico Vanino (2025): Marshallian agglomeration, labour pooling and skills matching. In: Cambridge Journal of Economics, Jg. 49, H. 3, S. 527-557. DOI:10.1093/cje/beaf010
Abstract
"Better skills matching has long been proposed as one of the key advantages of agglomeration economies. Yet, support for this improved matching has remained largely founded upon indirect proxies for skills such as wages and education. This paper contributes to the literature by offering novel empirical evidence on the relationship between specific measures of localised skills deficiencies and agglomeration economies, in the form of industrial density. Developing an instrumental variable approach and controlling for unobserved heterogeneity and other region-industry idiosyncratic effects across a panel dataset for the period 2009–2019 in England and Wales, our analysis reveals a positive effect of agglomeration economies in reducing both skills gaps within the employed workforce and skills shortages in the labour market external to the firm. We consider these findings in the context of persistent regional imbalances and the importance of strengthening skills provision within current regional industrial strategies." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Job Mismatch and Early Career Success (2025)
Zitatform
Cullen, Julie Berry, Gordon B. Dahl & Richard De Thorpe (2025): Job Mismatch and Early Career Success. (CESifo working paper 12104), München, 47 S.
Abstract
"How does being over- or underqualified at the beginning of a worker's career affect skill acquisition, retention, and promotion? Despite the importance of mismatch for the labor market, self-selection into jobs has made estimating these effects difficult. We overcome endogeneity concerns in the context of the US Air Force, which allocates new enlistees to over 130 different jobs based, in part, on test scores. Using these test scores, we create simulated job assignments based on factors outside of an individual's control: the available slots in upcoming training programs and the quality of other recruits entering at the same time. These factors create quasi-random variation in job assignment and hence how cognitively demanding an individual's job is relative to their own ability. We find that being overqualified for a job causes higher attrition, both during technical training and afterward when individuals are working in their assigned jobs. It also results in more behavioral problems, worse performance evaluations, and lower scores on general knowledge tests about the military taken by all workers. On the other hand, overqualification results in better performance relative to others in the same job: job-specific test scores rise both during technical training and while on the job, and these individuals are more likely to be promoted. Combined, these patterns suggest that overqualified individuals are less motivated, but still outperform others in their same job. Underqualification results in a polar opposite set of findings, suggesting these individuals are motivated to put forth more effort, but still struggle to compete when judged relative to others. Consistent with differential incentives, individuals who are overqualified are in jobs which are less valuable in terms of outside earnings potential, while the reverse is true for those who are underqualified." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
How to Attract Talent? Field-Experimental Evidence on Emphasizing Flexibility and Career Opportunities in Job Advertisements (2025)
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Fuchs, Larissa, Matthias Heinz, Pia Pinger & Max Thon (2025): How to Attract Talent? Field-Experimental Evidence on Emphasizing Flexibility and Career Opportunities in Job Advertisements. (CEPR discussion paper / Centre for Economic Policy Research 20916), London, 80 S.
Abstract
"We conduct a randomized controlled trial (RCT) with a leading technology firm to study how highlighting flexibility and career advancement in job advertisements causally affects the applicant pool. Highlighting career advancement increases the number of applications from men for entry-level positions and attracts additional applicants with strong qualifications and a good fit, which in turn leads to more interview invitations. By contrast, highlighting flexibility increases applications from both women and men at the entry level but provides limited evidence of attracting higher-quality or better-fit applicants. A complementary survey experiment among STEM students shows how job advertisements shape beliefs about the firm’s job characteristics and work environment. Overall, our results show that the amenities firms choose to highlight can powerfully influence both the size and characteristics of their applicant pool." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Output costs of education and skill mismatch in OECD countries (2025)
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Garibaldi, Pietro, Pedro Gomes & Thepthida Sopraseuth (2025): Output costs of education and skill mismatch in OECD countries. In: Economics Letters, Jg. 250. DOI:10.1016/j.econlet.2025.112278
Abstract
"We quantify the output costs of education and skills mismatch for 17 OECD economies, using a calibrated model of vertical mismatch. Eliminating the frictions generating mismatch would raise output by 3% to 4% on average, varying between 0.5% to 9% across countries. Although the education and skill mismatch measures are constructed using different methods and differ in size, the output costs are similar between the two measures." (Author's abstract, IAB-Doku, © 2025 The Authors. Published by Elsevier B.V.) ((en))
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Literaturhinweis
Estimation of the wage offer distribution using both accepted and rejected offers (2025)
Zitatform
Guo, Junjie (2025): Estimation of the wage offer distribution using both accepted and rejected offers. In: Labour Economics, Jg. 96. DOI:10.1016/j.labeco.2025.102756
Abstract
"This paper estimates the wage offer distribution using workers who received multiple offers in a short period of time, including both accepted and rejected offers. We show that, after accounting for worker heterogeneity and measurement error, each wage offer is a random draw from the same distribution, and a normal distribution with a standard deviation of 0.137 is consistent with data. The dispersion is smaller than most estimates in the literature, increasing in the unemployment rate for workers without a bachelor’s degree, but not significantly related to a worker’s age or employment status." (Author's abstract, IAB-Doku, © 2025 Elsevier B.V. All rights are reserved, including those for text and data mining, AI training, and similar technologies.) ((en))
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Literaturhinweis
Search and multiple jobholding (2025)
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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
Workplace variation in migrant job searches: cohesion unites, bonuses do not divide (2025)
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Mandemakers, Luuk, Eva Jaspers & Tanja van der Lippe (2025): Workplace variation in migrant job searches: cohesion unites, bonuses do not divide. In: European Societies, S. 1-46. DOI:10.1162/euso.a.70
Abstract
"Dutch workplaces suffer from labor shortages and interest in diverse workforces is growing, making the retention of employees with a migration background vital. Yet, migrant employees continue to experience exclusion in the workplace, making them more prone to search for different jobs than non-migrant employees. This article is novel as it locates drivers of migrant job searches at the organizational level and examines the impact of indicators of relative distances between groups within organizations. First it assesses whether workplace cohesion mitigates differences between migrant and non-migrant employees, as cohesion may reduce intergroup distances through positive inter-ethnic contact. Second, it is examined whether workplaces that divide resources through bonus payment systems have lager job search disparities, as in such workplaces individual performance based incentives may reinforce intergroup conflict. Using unique employer-employee linked data from the Netherlands, this research finds that migrants search for jobs more often than non-migrants, that being part of cohesive workplaces as a migrant mitigates this gap and that the prevalence of bonus payment systems has no effect. To retain migrant employees and to improve the diversity of workforces, organizations should invest in increasing workplace cohesion. Further implications for theory, research and practice are discussed." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Fiscal tightening and skills mismatch (2025)
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Mavrigiannakis, Konstantinos, Andreas Vasilatos & Eugenia Vella (2025): Fiscal tightening and skills mismatch. In: European Economic Review, Jg. 174. DOI:10.1016/j.euroecorev.2025.104984
Abstract
"The paper establishes a new link between fiscal tightening and the vertical skills mismatch rate, defined as the share of over-qualified workers. Using cross-country evidence for Europe, we show that fiscal tightening can increase skills mismatch. We then introduce the latter in a DSGE model with heterogeneous households, capital-skill complementarity (CSC) and labor frictions. We calibrate the model for Greece, where the over-qualification rate exceeds one-third. A fiscal tightening shock raises the mismatch rate in the model, in line also with SVAR analysis. Skills mismatch can act as a buffer for high-skilled workers during recessions induced by tax shocks and is more counter-cyclical when CSC is weak. We also use the model to conduct welfare and policy analyses." (Author's abstract, IAB-Doku, © 2025 Elsevier B.V. All rights are reserved, including those for text and data mining, AI training, and similar technologies.) ((en))
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Literaturhinweis
Business cycle models with labour market frictions: the role of the matching function (2025)
Naraidoo, Ruthira; Paez-Farrell, Juan;Zitatform
Naraidoo, Ruthira & Juan Paez-Farrell (2025): Business cycle models with labour market frictions: the role of the matching function. (Sheffield economic research paper series / The University of Sheffield, Department of Economics 2025006), Sheffield, 25 S.
Abstract
"Standard business cycle models with search and matching frictions in the labour market increasingly rely on the assumption that firms face hiring, as opposed to, search costs in recruiting workers. We show that although this modification im-proves the model's empirical performance, it causes the matching function to play no role in macroeconomic dynamics. Assuming both costs can overcome this short-coming but for reasonable parameter values it implies that matching efficiency shocks have no effects." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
More Than a Match: “Fit” as a Tool in Hiring Decisions (2025)
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Nichols, Bethany J., David S. Pedulla & Jeff T. Sheng (2025): More Than a Match: “Fit” as a Tool in Hiring Decisions. In: Work and occupations, Jg. 52, H. 2, S. 175-203. DOI:10.1177/07308884231214279
Abstract
"The concept of “fit” has become important for understanding hiring decisions and labor market outcomes. While social scientists have explored how fit functions as a legitimized evaluative criterion to match candidates to jobs in the hiring process, less is known about how fit functions as a hiring tool to aid in decision-making when hiring decisions cannot—or should not—be justified. Drawing on in-depth interviews with 53 hiring professionals, we develop a theoretical argument that hiring professionals can use fit as a tool to circumvent legitimized hiring criteria and justify their hiring goals. Specifically, we show how hiring professionals use fit as a tool to explain their hiring decisions when these decisions cannot or should not be justified and we outline two mechanisms through which this process occurs: (1) fit as a tool for circumventing human capital concerns, and (2) fit as a tool to circumvent hiring policies based upon social characteristics. We argue that fit is more than an evaluative criterion for matching individuals to jobs. Hiring professionals deploy fit as a tool to justify their decisions amid uncertainty and constraint. Fit, then, becomes a placeholder when these hiring decisions are not able to be justified through legitimized means. Our findings reveal some of the potential negative consequences of using fit during the hiring process and contribute important theoretical insights about the role of fit in scholarship on inequality and labor markets." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Post-pandemic recovery: Search and matching, market power, and endogenous labor demand (2025)
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Platonov, Konstantin (2025): Post-pandemic recovery: Search and matching, market power, and endogenous labor demand. In: Economic Modelling, Jg. 151. DOI:10.1016/j.econmod.2025.107183
Abstract
"Following the COVID-19 pandemic, United States (US) output rebounded quickly, labor productivity rose above pre-pandemic levels, profit rates increased, and the labor market tightened, all despite high unemployment. These observations can be reconciled in a search and matching model of the labor market with two new assumptions of strong firm market power and endogenous labor demand. Market power encourages firm entry when prices rise, while endogenous labor demand enables firms to adapt to shocks rather than shut down. Two regimes arise: one with weak market power, representing the pre-pandemic era and another with strong market power, explaining the post-pandemic recovery. Under strong market power, firm entry drives recovery following recessions, the labor market becomes tight, wages and producer prices rise, and the average firm size shrinks, which is consistent with the post-pandemic data. This study demonstrates how a typical business cycle can be reconciled with US post-pandemic recovery within a unified model, highlighting the non-trivial role of firms’ market power in shaping macroeconomic outcomes." (Author's abstract, IAB-Doku, © 2025 The Author. Published by Elsevier B.V.) ((en))
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Literaturhinweis
Testing for wage-specific search intensity (2025)
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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
Anonymous job applications and hiring discrimination: Blind recruitment can level the playing field in access to jobs but cannot prevent all forms of discrimination (2025)
Zitatform
Rinne, Ulf (2025): Anonymous job applications and hiring discrimination. Blind recruitment can level the playing field in access to jobs but cannot prevent all forms of discrimination. (IZA world of labor 48,3), Bonn, o. Sz. DOI:10.15185/izawol.48.v3
Abstract
"Anonymisierte Bewerbungsverfahren sind potenziell geeignet, Einstellungshindernisse aufgrund von Diskriminierung einzelner Arbeitsmarktgruppen abzubauen. Bei effektiver Umsetzung sorgen solche Verfahren für Chancengleichheit im Bewerbungsprozess, da sie den Fokus der Personalentscheider auf die Qualifikationen und Fähigkeiten der Bewerber lenken. Allerdings sind anonyme Bewerbungen weder in allen Fällen sinnvoll umsetzbar, noch können sie jegliche Form der Bewerberdiskriminierung verhindern." (Autorenreferat, IAB-Doku)
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auch erschienen als: IZA world of labor, 454 -
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
Hiring intentions at the intersection of gender, parenthood, and social status. A factorial survey experiment in the UK labour market (2025)
Zitatform
Zamberlan, Anna, Filippo Gioachin & Paolo Barbieri (2025): Hiring intentions at the intersection of gender, parenthood, and social status. A factorial survey experiment in the UK labour market. In: European Sociological Review, Jg. 41, H. 3, S. 395-410. DOI:10.1093/esr/jcae043
Abstract
"Extant literature points to the gender, parenthood, and social status of job applicants as crucial factors influencing employers’ hiring preferences and behaviors. However, little is known about whether and to what extent the intersection of these attributes leads to specific forms of hiring discrimination. This study aims to fill this research gap by examining whether labor market (dis)advantages related to gender, parenthood, and social status occur in an additive or interactive relationship. We conducted a factorial survey experiment in which more than 2,500 UK-based individuals with recruiting experience rated the profiles of fictitious candidates for various job vacancies. We found significant and substantial discrimination against mothers, indicating the existence of a cumulative disadvantage between being a woman and having children, while high-status candidates were more favourably positioned, albeit with noteworthy differences depending on how social status was signalled. Most interestingly, the motherhood penalty was significantly reduced (up to almost half) for high-status candidates, suggesting a compensatory effect of signalling a high status. This novel evidence in the British context highlights the importance of examining the intersection of different dimensions of discrimination and inequality." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Words matter: Experimental evidence from job applications (2024)
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Abraham, Lisa, Johannes Hallermeier & Alison Stein (2024): Words matter: Experimental evidence from job applications. In: Journal of Economic Behavior & Organization, Jg. 225, S. 348-391. DOI:10.1016/j.jebo.2024.06.013
Abstract
"If women are more sensitive to listed qualifications in job ads, does lowering the bar draw in relatively more women and increase diversity in the applicant pool? We examine this question by randomizing 60,000 viewers into one of two job ad versions for over 600 corporate jobs at Uber, where the treatment removed optional and superfluous qualifications. There are two main findings. First, job seekers of both genders respond to qualifications: applications increase by 7%, owing to similar increases in the number of applications from men and women. Second, reducing the qualifications impacts the type of individual who chooses to apply differently by gender. Reducing the qualifications draws in less skilled women and causes an outflow of some highly skilled women. Conversely, the treatment draws in men from across the skill distribution, including the upper end. We find gender differences in application behavior and explore potential mechanisms in a separate, large-scale survey using the RAND American Life Panel. These results highlight that sensitivity to listed requirements is complex, and simply lowering the qualifications in job postings is not guaranteed to increase applicant diversity." (Author's abstract, IAB-Doku, © 2024 Elsevier) ((en))
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Literaturhinweis
The Pay and Non-Pay Content of Job Ads (2024)
Zitatform
Audoly, Richard, Manudeep Bhuller & Tore Adam Reiremo (2024): The Pay and Non-Pay Content of Job Ads. (arXiv papers 2407.13204), 54 S.
Abstract
"How informative are job ads about the actual pay and amenities offered by employers? Using a comprehensive database of job ads posted by Norwegian employers, we develop a methodology to systematically classify the information on both pay and non-pay job attributes advertised in vacancy texts. We link this information to measures of employer attractiveness, which we derive from a job search model estimated on observed wages and worker mobility flows. About 55 percent of job ads provide information related to pay and nearly all ads feature information on non-pay attributes. We show that publicly advertised job attributes are meaningful predictors of employer attractiveness, and non-pay attributes are about as predictive as pay-related attributes. High-pay employers mention pay-related attributes more often, while high-amenity employers are more likely to advertise flexible working hours and contract duration." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Skill Signals in a Digital Job Search Market and Duration in Employment Gaps (2024)
Zitatform
Baird, Matthew, Paul Ko & Nikhil Gahlawat (2024): Skill Signals in a Digital Job Search Market and Duration in Employment Gaps. In: Journal of labor research, Jg. 45, H. 3, S. 403-435. DOI:10.1007/s12122-024-09363-y
Abstract
"With the rise of the digital job search market, new opportunities for signaling skills and competencies to employers have emerged. In this paper, we examine listed skills on individuals’ LinkedIn profiles in the United States between 2015 and 2021, both those members add themselves and skills for which they are endorsed from others in their network. We use an inverse probability weighted proportional hazards model with time varying covariates to estimate the relationship between listed skills on shortening employment gaps (time between jobs). We find that, for self-added and peer-endorsed skills respectively, an additional ten skills on the profile decreases median employment gap duration by about 0.7 and 0.4 months, from a median baseline of around 6 months gap. Individuals with no education listed on their profile have the largest benefit from listed skills in terms of reducing employment gaps. Disruptive tech and soft skills also are related to higher returns. Additionally, skills added during the employment break have a substantially stronger relationship than pre-existing added skills. More experienced workers have larger returns than less experienced workers, consistent with the hypothesis that these skills are otherwise difficult to signal to potential employers. These findings are consistent with online job markets’ use of technology offering more efficient ways to signal skills, shortening time to reemployment." (Author's abstract, IAB-Doku, © Springer-Verlag) ((en))
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Literaturhinweis
The Shifting Reasons for Beveridge Curve Shifts (2024)
Zitatform
Barlevy, Gadi, R. Jason Faberman, Bart Hobijn & Ayşegül Şahin (2024): The Shifting Reasons for Beveridge Curve Shifts. In: The Journal of Economic Perspectives, Jg. 38, H. 2, S. 83-106. DOI:10.1257/jep.38.2.83
Abstract
"We discuss how the relative importance of factors that contribute to movements of the US Beveridge curve has changed from 1959 to 2023. We review these factors in the context of a simple flow analogy used to capture the main insights of search and matching theories of the labor market. Changes in inflow rates, related to demographics, accounted for Beveridge curve shifts between 1959 and 2000. A reduction in matching efficiency, that depressed unemployment outflows, shifted the curve outwards in the wake of the Great Recession. In contrast, the most recent shifts in the Beveridge curve appear driven by changes in the eagerness of workers to switch jobs. Finally, we argue that, while the Beveridge curve is a useful tool for relating unemployment and job openings to inflation, the link between these labor market indicators and inflation depends on whether and why the Beveridge curve shifted. Therefore, a careful examination of the factors underlying movements in the Beveridge curve is essential for drawing policy conclusions from the joint behavior of unemployment and job openings." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Firm Human Resource Practices and Educational Mismatch (2024)
Zitatform
Berloffa, Gabriella, Daniela Piazzalunga & Fabio Pieri (2024): Firm Human Resource Practices and Educational Mismatch. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 17424), Bonn, 46 S.
Abstract
"The paper introduces a new measure of educational mismatch at the firm level, constructed by merging firm and individual data at the sector-firm size-year level. This measure captures both the intensity of mismatch and its type – whether overeducation, undereducation, or a mix of the two. We assess the role of human resource practices in reducing the intensity of educational mismatch in Italian firms by estimating econometric models that control for a rich set of firm characteristics, as well as year and industry-region fixed effects. Firm-fixed effects and instrumental variable models complement the analysis. Findings indicate that the use of private recruitment agencies, on-the-job training, and structured supervision is associated with a reduction in mismatch intensity. The impact of other practices varies by mismatch type: higher job turnover rates correlate with lower undereducation but increased overeducation, while second-level bargaining increases undereducation and reduces overeducation." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
A Simple Explanation of Countercyclical Uncertainty (2024)
Zitatform
Bernstein, Joshua, Michael Plante, Alexander W. Richter & Nathaniel A. Throckmorton (2024): A Simple Explanation of Countercyclical Uncertainty. In: American Economic Journal. Macroeconomics, Jg. 16, H. 4, S. 143-171. DOI:10.1257/mac.20220134
Abstract
"This paper documents that labor search and matching frictions generate countercyclical uncertainty because the inherent nonlinearity in the flow of new matches makes employment uncertainty increasing in the number of people searching for work. Quantitatively, this mechanism is strong enough to explain uncertainty and real activity dynamics, including their correlation. Through this lens, uncertainty fluctuations are endogenous responses to changes in real activity that neither affect the severity of business cycles nor warrant policy intervention, in contrast with leading theories of the interaction between uncertainty and real activity dynamics." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Mismatch Unemployment During COVID-19 and the Post-Pandemic Labor Shortages (2024)
Zitatform
Birinci, Serdar, Yusuf Mercan & Kurt See (2024): Mismatch Unemployment During COVID-19 and the Post-Pandemic Labor Shortages. (Working paper / Federal Reserve Bank of St. Louis 2024-025), Saint Louis, MO, 35 S. DOI:10.20955/wp.2024.025
Abstract
"We examine the extent to which mismatch unemployment—employment losses relative to an efficient allocation where the planner can costlessly reallocate unemployed workers across sectors to maximize output—shaped labor market dynamics during the COVID-19 pandemic and the subsequent recovery episode characterized by labor shortages. We find that, for the first time in our sample, mismatch unemployment turned negative at the onset of the pandemic. This result suggests that the efficient allocation of job seekers would involve reallocating workers toward longer-tenure and more-productive jobs, even at the expense of fewer hires. We show that sectoral differences in job separations were the main driver behind this result, while differences in vacancies caused positive mismatch unemployment during the recovery episode. We also establish an empirical link between mismatch unemployment and the surge in the labor cost during the recovery, documenting that sectors with larger mismatch unemployment experienced higher employment cost growth." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Asymmetric market power and wage suppression (2024)
Zitatform
Blumkin, Tomer & David Lagziel (2024): Asymmetric market power and wage suppression. In: The Scandinavian Journal of Economics, Jg. 126, H. 1, S. 38-59. DOI:10.1111/sjoe.12545
Abstract
"We study a labor market in which two identical firms compete over a pool of homogenous workers. Firms pre-commit to their outreach to potential employees, either through their informative advertising choices, or through their screening processes, before engaging in a wage competition ('a la Bertrand). Although firms are homogeneous, the unique pure-strategy equilibrium is asymmetric: one firm maximizes its outreach whereas the other compromises on a significantly smaller market share. The features of the asymmetric equilibrium extend to a general oligopsony with any finite number of firms. This article is protected by copyright. All rights reserved." (Author's abstract, IAB-Doku, Published by arrangement with John Wiley & Sons) ((en))
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Literaturhinweis
Re-assessing the Spatial Mismatch Hypothesis (2024)
Zitatform
Card, David, Jesse Rothstein & Moises Yi (2024): Re-assessing the Spatial Mismatch Hypothesis. (NBER working paper / National Bureau of Economic Research 32252), Cambridge, Mass, 25 S.
Abstract
"We use detailed location information from the Longitudinal Employer-Household Dynamics (LEHD) database to develop new evidence on the effects of spatial mismatch on the relative earnings of Black workers in large US cities. We classify workplaces by the size of the pay premiums they offer in a two-way fixed effects model, providing a simple metric for defining “good” jobs. We show that: (a) Black workers earn nearly the same average wage premiums as whites; (b) in most cities Black workers live closer to jobs, and closer to good jobs, than do whites; (c) Black workers typically commute shorter distances than whites; and (d) people who commute further earn higher average pay premiums, but the elasticity with respect to distance traveled is slightly lower for Black workers. We conclude that geographic proximity to good jobs is unlikely to be a major source of the racial earnings gaps in major U.S. cities today." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
The Effect of Wages on Job Vacancy Duration: Evidence from a Spatial Discontinuity (2024)
Zitatform
Carter, Charles, Judith M. Delaney & Kerry L. Papps (2024): The Effect of Wages on Job Vacancy Duration: Evidence from a Spatial Discontinuity. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 17273), Bonn, 30 S.
Abstract
"We exploit a spatial discontinuity in the wages paid by the United Kingdom's National Health Service to examine how wages affect the duration of time a vacancy is advertised. NHS workers in inner London are mandated by law to be paid an extra 4.3% more than those who work in outer London. We use a regression discontinuity design and estimate an elasticity of duration with respect to wages of -6.3. This number is larger than reported by previous studies and suggests that firms can fill worker shortages faster by raising wages. This also highlights the importance this margin of worker recruitment when analysing firm search and job match. Our results are robust to various checks including a placebo test using fictitious borders and are robust to changes in the bandwidth and the duration measure. The estimates are similar across all occupational groups in the NHS and are not limited to jobs that require specific skills such as nurses and therapists. Our results provide evidence for policy makers which suggests that increasing the wages paid to NHS workers may lead to increased cost savings by reducing the need to hire expensive agency staff and may also lead to better health outcomes of the population through reduced staff shortages." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Occupational reallocation and mismatch in the wake of the Covid-19 pandemic: Cross-country evidence from an online job site (2024)
Ciminelli, Gabriele ; Samek, Lea; Haramboure, Antton; Sinclair, Tara; Schwellnus, Cyrille ; Shrivastava, Allison;Zitatform
Ciminelli, Gabriele, Antton Haramboure, Lea Samek, Cyrille Schwellnus, Allison Shrivastava & Tara Sinclair (2024): Occupational reallocation and mismatch in the wake of the Covid-19 pandemic: Cross-country evidence from an online job site. (OECD productivity working papers 35), Paris, 29 S. DOI:10.1787/128b92aa-en
Abstract
"Employment has recovered strongly from the COVID-19 pandemic despite large structural changes in labor markets, such as the widespread adoption of digital business models and remote work. We analyse whether the pandemic has been associated with labor reallocation across occupations and triggered mismatches between occupational labor demand and supply using novel data on employers' job postings and jobseekers' clicks across 19 countries from the online job site Indeed. Findings indicate that, on average across countries, the pandemic triggered large and persistent reallocation of postings and clicks across occupations. Occupational mismatch initially increased but was back to pre-pandemic levels at the end of 2022 as employers and workers adjusted to structural changes. The adjustment was substantially slower in countries that resorted to short-time work schemes to preserve employment during the pandemic." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Occupation-Industry Mismatch in the Cross Section and the Aggregate (2024)
Zitatform
Darougheh, Saman (2024): Occupation-Industry Mismatch in the Cross Section and the Aggregate. In: Journal of Political Economy Macroeconomics, Jg. 2, H. 3, S. 375-408. DOI:10.1086/731536
Abstract
"I define occupations that are employed in more industries as “broader ” occupations. I study the implications of broadness for mismatch of the unemployed and vacancies across occupations and industries. I empirically find that workers in broader occupations are better insured against industry specific shocks. A recent literature has found that mismatch did not significantly contribute to the rise in unemployment during the Great Recession. I build a general equilibrium model that uses occupational broadness as a microfoundation of mismatch. The model uncovers a general equilibrium channel that realigns the strong crosssectional effects of mismatch with its missing aggregate impact. I argue that mismatch across occupations and industries cannot significantly contribute to aggregate unemployment fluctuations" (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Application Flows (2024)
Zitatform
Davis, Steven J. & Brenda Samaniego de la Parra (2024): Application Flows. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16903), Bonn, 61 S.
Abstract
"We build and analyze a new U.S. database that links 125 million applications to job vacancies and employer-side clients on Dice.com, an online platform for jobs and workers in software design, computer systems, engineering, financial analysis, management consulting, and other occupations that require technical skills. We find, first, that posting durations are quite short, often only two or three days, with a median of seven days. Second, labor market tightness has tiny effects on posting durations. Third, job seekers display a striking propensity to target new postings, with almost half of applications flowing to openings posted in the past 48 hours. Fourth, applications per posting are much too uneven to reflect random search, even within narrow market segments and job categories. Moreover, posted offer wages play no role in explaining the deviations from a random-search benchmark. Fifth, intermediaries play a huge role on both sides of the platform: Recruitment and staffing firms account for two-thirds of all postings and attract most of the applications. We relate these and other findings to theories of labor market search." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
In search of a job—But which one? How unemployed people revise their occupational expectations (2024)
Zitatform
Demazière, Didier (2024): In search of a job—But which one? How unemployed people revise their occupational expectations. In: Social Policy and Administration, Jg. 58, H. 7, S. 1025-1041. DOI:10.1111/spol.13011
Abstract
"Conducting a job search implies the identification of a target—an intended job. However, this assumption has been little studied, and just two main conclusions have been drawn, namely: jobseekers have an incentive to adjust their targets to the jobs available, and returning to work tends to lead to occupational downgrading. This article explores how job search experiences shape and alter targets. Biographical interviews were conducted with 57 unemployed people registered with the French public employment service. Ultimately, all of them revise their occupational expectations as, faced with the uncertainties inherent to the job search and experiencing difficulties in reaching their priority targets, they try to adapt and define more realistic goals. Four contrasting processes of expectation revision are used to track these tensions between desirability and realism. In conclusion, we stress the following facts: that unemployed people are flexible and develop rationales in order to adapt to the labour market; that their experience of failure, alongside advice and beliefs arising in the course of the job search feed directly into these revisions, and that these revisions both vary in magnitude and reflect inequalities in the defining process of target jobs." (Author's abstract, IAB-Doku, Published by arrangement with John Wiley & Sons) ((en))
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Literaturhinweis
Search, unemployment, and the Beveridge curve: Experimental evidence (2024)
Zitatform
Duffy, John & Brian C. Jenkins (2024): Search, unemployment, and the Beveridge curve: Experimental evidence. In: Labour Economics, Jg. 87. DOI:10.1016/j.labeco.2024.102518
Abstract
"We report on a laboratory experiment testing the predictions of the Diamond–Mortensen–Pissarides (DMP) search-and-matching model, which is a workhorse, decentralized model of unemployment and the labor market. We focus on the job vacancy posting problem that firms face in the DMP model. We explore the model’s comparative statics predictions concerning variations in the separation rate, the vacancy posting cost, and the firm’s surplus earned per employee. Across all treatments, we find strong evidence for an inverse relationship between vacancies and unemployment, consistent with the Beveridge curve. We also find that the results of our various comparative statics exercises are in-line with the predictions of the theory." (Author's abstract, IAB-Doku, © 2024 Elsevier) ((en))
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Literaturhinweis
The Effect of Wealth on Worker Productivity (2024)
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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Literaturhinweis
Directed Search, Wages, and Non-wage Amenities: Evidence from an Online Job Board (2024)
Zitatform
Escudero, Verónica, Hannah Liepmann & Damián Vergara (2024): Directed Search, Wages, and Non-wage Amenities: Evidence from an Online Job Board. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 17211), Bonn, 38 S.
Abstract
"We leverage rich data from a prominent online job board in Uruguay to assess directed search patterns in job applications, focusing on posted wages and advertised non-wage amenities. We find robust evidence of directed search based on posted wages in the crosssection, with stark heterogeneity by occupation: the wage-application correlation is driven by vacancies attached to lower-skill occupations, with applications to vacancies attached to higher-skill occupations showing no responsiveness to posted wages. By applying text analysis to the job ads, we elicit advertised non-wage amenities and find evidence of directed search based on non-wage amenities. Applications to vacancies attached to lower-skill occupations are consistent with lexicographic application preferences: amenities predict applications to these vacancies only when wages are not posted. Finally, we exploit industry-by-occupation minimum wage variation to demonstrate that the observed occupational heterogeneity in directed search patterns is supported by quasi-experimental difference-in-differences estimates of the impact of wages on job applications." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Social media and hiring: a survey experiment on discrimination based on online social class cues (2024)
Zitatform
Galos, Diana Roxana (2024): Social media and hiring: a survey experiment on discrimination based on online social class cues. In: European Sociological Review, Jg. 40, H. 1, S. 116-128. DOI:10.1093/esr/jcad012
Abstract
"Discrimination based on social class is challenging to study, and therefore likely to be underappreciated due to its subtle nature. Social class is often difficult to gauge from traditional resumes, yet, the expansion of social networking platforms provides employers with an additional source of information. Given that many individuals have a social media presence today, employers can increasingly rely on additional information gleaned from such online platforms (e.g., Twitter, Instagram), which may alter hiring decisions. To study the role of social networking platforms vis-à-vis potential discrimination based on social class cues, I leverage an original online survey experiment in the United States. The aim of the investigation is (i) to measure the effect of cultural markers of social class expressed on social media profiles in a hypothetical hiring situation and (ii) to analyse potential channels that might explain class-based discrimination. I show that subjects favour the upper-class-signalling candidate over the lower-class-signalling candidate and that perceived competence and perceived warmth are two channels through which class-based discrimination may occur. The individual’s online presence might not be part of the formal application process, yet it seems to shape inferences about individuals’ employability, competence, and warmth." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Age-Related Differences in Job Search Behavior: Do Older Jobseekers Need a Larger Social Network? (2024)
Guillemyn, Inés; Horemans, Jeroen;Zitatform
Guillemyn, Inés & Jeroen Horemans (2024): Age-Related Differences in Job Search Behavior: Do Older Jobseekers Need a Larger Social Network? In: Work, Aging and Retirement, Jg. 10, H. 3, S. 213-224. DOI:10.1093/workar/waad003
Abstract
"Increasing the employment rate of individuals aged 55+ is a key challenge in many OECD countries. While labor market discrimination and policy measures have been put forward as possible explanations, the role of job search remains largely unexplored. Yet, it determines to a large extent the match between supply and demand on the labor market. In this paper, we examine age-related differences in job search behavior. As skills have often become outdated for older workers, but job mobility may enhance their employment, we analyze search behavior for the unemployed as well as the employed adopting multiple parameters: job search intensity, use of the public employment agency, and social networking. The results indicate that jobseekers of different age employ different search methods, and that this relationship should be analyzed within the employment context of the jobseeker." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Information Frictions and Skill Signaling in the Youth Labor Market (2024)
Zitatform
Heller, Sara B. & Judd B. Kessler (2024): Information Frictions and Skill Signaling in the Youth Labor Market. In: American Economic Journal. Economic Policy, Jg. 16, H. 4, S. 1-33. DOI:10.1257/pol.20220544
Abstract
"This paper provides evidence that information frictions limit the labor market trajectories of US youth. We provide credible skill signals— recommendation letters based on supervisor feedback—to a random subset of 43,409 participants in New York’s summer jobs program. Letters increase employment the following year by 3 percentage points (4.5 percent). Earnings effects grow over four years to a cumulative $1,349 (4.9 percent). We find little evidence of increased job search or confidence; instead, signals may help employers better identify successful matches with high-productivity workers. Pulling youth into the labor market can, however, hamper on-time graduation, especially among low-achieving students." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Skill vs. education types of labor mismatch and their association with earnings (2024)
Zitatform
Iakovlev, Vsevolod (2024): Skill vs. education types of labor mismatch and their association with earnings. (Accountancy, Economics, and Finance Working Papers / Heriot-Watt University, Department of Accountancy, Economics, and Finance 2024,12), Edinburgh, 82 S.
Abstract
"This work aims to determine whether the difference between skill and education-based measures of labor mismatch affects the estimates of the labor mismatch-earnings relationship as specified by Verdugo and Verdugo's (1989) version of over, required and undereducation (ORU) Mincer earnings function. The analysis employs crossectional data for 26 countries from the 1st Cycle of the OECD Survey of Adult Skills (PIAAC) conducted between 2011 and 2012. The preliminary results of the graphical analysis show that education and skill mismatch may exhibit opposite relationships with earnings at the country level. Specifically, over and under-education are found to be positively associated with median earnings, whereas over and under-skilling show a negative association. To investigate the source of the opposite correlations, an error components model is used. Additionally, the paper explores the heterogeneity in earnings and labor mismatch across a set of commonly used controls. The analysis produces mixed coefficient estimates for under and over-education but predominantly negative estimates for under and over-skilling at both individual and market levels. The market-level unobserved heterogeneity is found to be driving the coefficients away from zero. Although removing it often leads to a slight loss of magnitude, some exceptions exhibit a change of sign or loss of statistical significance. It is, thus, concluded that education and skill mismatch should be distinguished both conceptually and empirically and, if used as a proxy for each other, are unlikely to produce accurate results in the analysis of the Mincer earnings function." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Unemployed Job Search across People and over Time: Evidence from Applied-for Jobs (2024)
Zitatform
Maibom, Jonas, Nikolaj Harmon, Anita Glenny & Jonas Fluchtmann (2024): Unemployed Job Search across People and over Time: Evidence from Applied-for Jobs. In: Journal of labor economics, Jg. 42, H. 4, S. 1175-1217. DOI:10.1086/725165
Abstract
"Using data on applied-for jobs for the universe of Danish UI recipients, we examine variation in job search behavior both across individuals and over time during unemployment spells. We find large differences in the level of applied-for wages across individuals but over time all individuals adjust wages downward in the same way. The decline in applied-for wages over time is descriptively small but economically important in standard models of job search. We find similar results when examining variation in the non-wage characteristics of applied-for jobs and in the search methods used to find them. We discuss implications for theory." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
On the Job Search and Business Cycles (2024)
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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Literaturhinweis
Vacancy Durations and Entry Wages: Evidence from Linked Vacancy–Employer–Employee Data (2024)
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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Literaturhinweis
Immigration and Worker-Firm Matching (2024)
Zitatform
Orefice, Gianluca & Giovanni Peri (2024): Immigration and Worker-Firm Matching. In: The Review of Economics and Statistics, S. 1-45. DOI:10.1162/rest_a_01476
Abstract
"Positive assortative matching increases both the wages of more productive workers and wage dispersion. We study the effect of immigration on positive assortative matching using French employer-employee data from 1995 to 2005. We find that increases in the share of immigrants, driven by historical networks across local labor markets, generated stronger positive assortative matching between workers and firms. We present evidence suggesting that this effect was associated to higher wages for more productive workers and that the findings are consistent with increased workers' screening by firms." (Author's abstract, IAB-Doku, © MIT Press Journals) ((en))
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Literaturhinweis
Nonparametric Estimation of Matching Efficiency and Mismatch in Labor Markets via Public Employment Security Offices in Japan, 1972-2024 (2024)
Otani, Suguru;Zitatform
Otani, Suguru (2024): Nonparametric Estimation of Matching Efficiency and Mismatch in Labor Markets via Public Employment Security Offices in Japan, 1972-2024. (arXiv papers 2407.20931), 29 S.
Abstract
"I examine changes in matching efficiency and elasticities in Japan's labor market via Hello Work for unemployed workers from January 1972 to April 2024 using a nonparametric identification approach by y Lange and Papageorgiou (2020). I find a declining trend in matching efficiency, consistent with decreasing job and worker finding rates. The implied match elasticity with respect to unemployment is 0.5-0.9, whereas the implied match elasticity with respect to vacancies varies between -0.4 and 0.4. Decomposing aggregate data into full-time and part-time ones, I find that the sharp decline of matching efficiency after 2015 shown in the aggregate trend is driven by the decline of both full-time and part-time ones. Second, I extend the mismatch index proposed by Sahin et al (2014) to the nonparametric version and develop the computational methodology. I find that the mismatch across occupations is more severe than across prefectures and the original Cobb-Douglas mismatch index is underestimated." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Destabilizing search technology (2024)
Potter, Tristan;Zitatform
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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Literaturhinweis
Matching Candidates to Culture: How Assessments of Organisational Fit Shape the Hiring Process (2024)
Zitatform
Tholen, Gerbrand (2024): Matching Candidates to Culture: How Assessments of Organisational Fit Shape the Hiring Process. In: Work, Employment and Society, Jg. 38, H. 3, S. 705-722. DOI:10.1177/09500170231155294
Abstract
"Organisational fit represents a crucial criterion in the hiring process. This article aims to understand how employers and external recruitment consultants define and apply organisational fit in professional labour markets, such as engineering, marketing and finance. It also investigates how the use of organisational fit in hiring can lead to social bias within these labour markets. It relies on semi-structured interviews with 47 external recruitment consultants who assist employers in these sectors. The article draws on Relational Inequality Theory to demonstrate how hiring managers and consultants use organisational fit to create and justify boundaries between acceptable and unacceptable candidates. Claim-making supports the rationalisation and legitimisation in the exclusion of groups of candidates. The article critically informs human resource management, business and psychology literature that perceive organisational fit as a largely benign criterion for recruitment. It also extends sociological and critical management literature by delineating three main exclusionary mechanisms in matching candidates for organisational fit." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Job search intensity and wage rigidity in business cycles (2024)
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
Skill Demand and Wages: Evidence From Linked Vacancy Data (2024)
Zitatform
Ziegler, Lennart (2024): Skill Demand and Wages: Evidence From Linked Vacancy Data. In: Benjamin Elsner; Solomon W. Polachek (eds.) (2024): Big Data Applications in Labor Economics, Part B, Cheltenham, S. 101-130. DOI:10.1108/S0147-91212024000052B025
Abstract
"This study provides new evidence on skill requirements in the labor market and shows to what extent skill demand is associated with wages and vacancy duration. In a sample of more than 1.5 million job postings administered by the Austrian public employment service, I identify the most common skill requirements mentioned in job descriptions. Accounting for a broad set of detailed job characteristics, there exists a robust association between the number of skill requirements and wages. In particular, jobs with many skill requirements pay substantially higher wages. While I estimate large effects for managerial and analytical skills, associations with most soft skills are small. Employers also need longer to fill vacancies with many skill requirements. Robustness tests show that measurement error is unlikely to explain these results and that the estimates can be replicated using vacancy postings from another job board." (Author's abstract, IAB-Doku, © Emerald) ((en))
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Literaturhinweis
Minimum Wage and Skills - Evidence from Job Vacancy Data (2023)
Andrieu, Elodie; Kuczera, Malgorzata;Zitatform
Andrieu, Elodie & Malgorzata Kuczera (2023): Minimum Wage and Skills - Evidence from Job Vacancy Data. (TPI working papers / The Productivity Institute 034), Manchester, 62 S.
Abstract
"Low-wage occupations tend to be populated by workers with low levels of education. An increase in the minimum wage, while designed to protect workers in the lower part of the wage distribution, might result in unintended consequences for those same workers. In this paper, we study firms’ reaction to higher minimum wages, exploiting a change to the minimum-wage policy in the UK in 2016. We document how an increase in the minimum wage affects the labour hiring for different education and technical skill levels of workers. The results show that an increase in the minimum wage compressed both the demand for low educated workers and the demand for workers with low levels of technical skills (tech workers) for graduates in low and middle skilled occupations. Using a difference-in-differences framework, we find that a large and unexpected change to the minimum wage led to a 11 percentage point decrease in the proportion of non-graduate vacancies and a 15 percentage point decline in the share of low-tech ads. There is evidence for labour-labour substitution at the low-end of the skill distribution and labour-technology substitution for more educated workers as a way to compensate for labour costs increases." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
But which skills? Natural Language Processing tools and the identification of high-demand skills in online Job advertisements (2023)
Anelli, Gianni;Zitatform
Anelli, Gianni (2023): But which skills? Natural Language Processing tools and the identification of high-demand skills in online Job advertisements. In: Work Organisation, Labour and Globalisation, Jg. 17, H. 2, S. 91-104.
Abstract
"Skills assessment is essential for today’s labor market.There are many factors hat change the requirements for the workplace. More than ever, it is important to monitor which skills are in high demand so that workers stay employed and ompanies do not lose productivity. This research discusses the relevance of data from online job portals for this task. It then uses a skill extractor in online ob advertisements from Chile to identify and extract the skills employers place n their online job advertisements through skills dictionaries. The study shows modest results when using the European Skills, Competences and Occupations 28ESCO) dictionary but an enhanced and much-improved result when adding an inductively constructed dictionary of the national labor market. Using this method would allow a new input of information to be incorporated into labor arket information systems that would enable better decisions to be made by he various actors in the labor market." (Author's a bstract, IAB-Doku, © Pluto Journals Ltd.) ((en))
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Literaturhinweis
Educational mismatches of newly hired workers: Short- and medium-term effects on wages (2023)
Zitatform
Araújo, Isabel & Anabela Carneiro (2023): Educational mismatches of newly hired workers: Short- and medium-term effects on wages. In: International Labour Review, Jg. 162, H. 3, S. 355-383. DOI:10.1111/ilr.12374
Abstract
"This paper examines the short- and medium-term effects of over- and undereducation on individual wages using a matched employer-employee dataset from 1998 to 2012 and a novel measure of educational mismatch based on the flows of newly hired workers. The findings reveal that the wage differential between adequately matched and mismatched workers decreases substantially once the unobserved heterogeneity of the worker and the firm is considered. Workers' unobserved characteristics explain a large proportion of both the overeducated wage penalty and the undereducated wage premium. Additionally, variations in firms' pay policies contribute to the wage gap among mismatched workers. Finally, findings show that job mismatches have the greatest impact on early-career individuals' wages." (Author's abstract, IAB-Doku, Published by arrangement with John Wiley & Sons) ((en))
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Literaturhinweis
Gender-age differences in hiring rates and prospective wages: Evidence from job referrals to unemployed workers (2023)
Zitatform
Bamieh, Omar & Lennart Ziegler (2023): Gender-age differences in hiring rates and prospective wages. Evidence from job referrals to unemployed workers. In: Labour Economics, Jg. 83. DOI:10.1016/j.labeco.2023.102395
Abstract
"This paper uses matched worker-vacancy data to study gender differences in hiring outcomes of jobseekers in Austria. When registered at the public employment office, jobseekers are assigned caseworkers who refer them to suitable vacancies. Our findings show that female and male jobseekers are equally likely to get hired via such a referral, but it takes women longer to get a job offer. Most of the observed gender differences stem from younger jobseekers (below age 35) and are explained by rejections of employers. Young women are also less often hired for better-paying jobs. We argue that these differences are consistent with hiring discrimination against women in their fertile age. Our analysis shows that young female jobseekers are much more likely to go on parental leave in the future, while men almost never take extended parental leave. Consistent with this hypothesis, we find that hiring differences are larger for jobs associated with higher replacement costs and smaller in tight labor markets." (Author's abstract, IAB-Doku, © 2023 Elsevier) ((en))
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Literaturhinweis
The Shifting Reasons for Beveridge-Curve Shifts (2023)
Zitatform
Barlevy, Gadi, Bart Hobijn, Jason Faberman & Ayşegül Şahin (2023): The Shifting Reasons for Beveridge-Curve Shifts. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16517), Bonn, 29 S.
Abstract
"We discuss how the relative importance of factors that contribute to movements of the U.S. Beveridge curve has changed from 1960 to 2023. We review these factors in the context of a simple flow analogy used to capture the main insights of search and matching theories of the labor market. Changes in inflow rates, related to demographics, accounted for Beveridge curve shifts between 1960 and 2000. A reduction in matching efficiency, that depressed unemployment outflows, shifted the curve outwards in the wake of the Great Recession. In contrast, the most recent shifts in the Beveridge curve appear driven by changes in the eagerness of workers to switch jobs. We argue that, while the Beveridge curve is a useful tool for relating unemployment and vacancies to inflation, the link between these labor market indicators and inflation depends on whether and why the Beveridge curve shifted. Therefore, a careful examination of the factors underlying movements in the Beveridge curve is essential for drawing policy conclusions from the joint behavior of unemployment and job openings." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Vacancy duration and wages (2023)
Zitatform
Bassier, Ihsaan, Alan Manning & Barbara Petrongolo (2023): Vacancy duration and wages. (CEP discussion paper / Centre for Economic Performance 1943), London, 45 S.
Abstract
"We estimate the elasticity of vacancy duration with respect to posted wages, using data from the near-universe of online job adverts in the United Kingdom. Our research design identifies duration elasticities by leveraging firm-level wage policies that are plausibly exogenous to hiring difficulties on specific job vacancies, and control for job and market-level fixed-effects. Wage policies are defined based on external information on pay settlements, or on sharp, internally-defined, firm-level changes. In our preferred specifications, we estimate duration elasticities in the range −3 to −5, which are substantially larger than the few existing estimates." (Résumé d'auteur, IAB-Doku) ((en))
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Literaturhinweis
What Makes Hiring Difficult? Evidence from Linked Survey-Administrative Data (2023)
Zitatform
Bertheau, Antoine, Birthe Larsen & Zeyu Zhao (2023): What Makes Hiring Difficult? Evidence from Linked Survey-Administrative Data. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16268), Bonn, 56 S.
Abstract
"We design a survey that asks firms about the obstacles that discourage them from hiring despite having potential needs. Using Danish administrative data and subjective beliefs elicited from our survey, we show how hiring obstacles vary across firms. Over two-thirds of employers agree that skill shortages are a hiring obstacle. One-third of employers consider labor costs, the time to find candidates, and the time to train new recruits as hiring obstacles. High-wage firms are less discouraged by labor costs, while younger or smaller firms are more discouraged by search and training time. Around thirty percent of employers prefer to hire the already employed over the unemployed because they believe that unemployed workers have lower abilities due to negative selection or skill depreciation during unemployment. Firms with such preferences are more likely to report hiring obstacles." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Demand for Personality Traits, Tasks, and Sorting (2023)
Zitatform
Brencic, Vera & Andrew McGee (2023): Demand for Personality Traits, Tasks, and Sorting. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16576), Bonn, 69 S.
Abstract
"In job ads, employers express demand for personality traits when seeking workers to perform tasks that can be completed with different behaviors (e.g., communication, problem-solving) but not when seeking workers to perform tasks involving narrowly prescribed sets of behaviors such as routine and mathematics tasks. For many tasks, employers appear to demand narrower personality traits than those measured at the Big Five factor level. The job ads also exhibit substantial heterogeneity within occupations in the tasks mentioned. Workers may thus sort based on personality-derived comparative advantages in tasks into jobs rather than occupations. In the National Longitudinal Survey of Youth 1997, we confirm that personality sorting based on tasks occurs at both the occupation and job levels. In this sample, however, there is little evidence of task-specific wage returns to personality traits, which would influence the supply of traits to jobs with particular tasks. This may explain why personality sorting based on tasks in the sample is very limited in spite of the correlations between tasks and employers' demands for traits." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Entrepreneurship, the initial labor force, and the location of new firms (2023)
Zitatform
Carias, Cristina, Steven Klepper & Rui Baptista (2023): Entrepreneurship, the initial labor force, and the location of new firms. In: Small business economics, Jg. 60, H. 3, S. 865-890. DOI:10.1007/s11187-022-00618-5
Abstract
"We propose that new firm founders locate their firms close to their home region in order to hire workers they know about through their prior employment, since it is easier to find high productivity employees among talent pools for which you have significant personal experience. We test our proposition using a matched employer–employee dataset for Portugal. Consistent with our predictions, new firms in the same industry as their founder's prior employer (i.e., spinoffs) are more likely to locate in their founder's home region, to hire workers from the founder's prior employer and other firms in the same region and industry, to employ them longer, and to perform better than other new firms. Results suggest that the agglomeration of high performing spinoffs next to their parent firms should facilitate the emergence of successful industrial clusters." (Author's abstract, IAB-Doku, © Springer-Verlag) ((en))
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Literaturhinweis
Public-sector employment, wages and education decisions (2023)
Zitatform
Chassamboulli, Andri & Pedro Gomes (2023): Public-sector employment, wages and education decisions. In: Labour Economics, Jg. 82. DOI:10.1016/j.labeco.2023.102345
Abstract
"We set up a search and matching model with a private and a public sector to understand the effects of employment and wage policies in the public sector on unemployment and education decisions. The effects on the educational composition of the labor force depend crucially on the structure of the labor market. An increase of skilled public-sector wages has a small positive impact on educational composition and larger negative impact on the private employment of skilled workers, if the two sectors are segmented. If there are movements across the two sectors, it has large positive impacts on education and on skilled private employment. We highlight the usefulness of the model for policymakers by calculating the value of public-sector job security for skilled and unskilled workers." (Author's abstract, IAB-Doku, © 2023 Elsevier) ((en))
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Literaturhinweis
Active and passive labor-market policies: the outlook from the Beveridge curve (2023)
Zitatform
Destefanis, Sergio, Matteo Fragetta & Nazzareno Ruggiero (2023): Active and passive labor-market policies: the outlook from the Beveridge curve. In: Applied Economics, Jg. 55, H. 55, S. 6538-6550. DOI:10.1080/00036846.2022.2159010
Abstract
"Following a panel ARDL approach, we appraise the impact of various indicators of active and passive labor-market policies within the framework of the Beveridge curve across fourteen OECD countries from 1985 to 2013, controlling for other factors, both institutional (tax wedge) and structural (technological progress, globalization). We embed the role of these variables within the specification of the Beveridge curve, finding that the generosity of unemployment benefits has a detrimental impact on labor-market matching, with the duration of benefits and the strictness of the rules pertaining to the deployment of benefits taking a key role in driving this result. Among active labor-market policies, employment incentives and especially training have a favourable effect on matching. There is evidence of a virtuous interaction between active and passive policies. A significantly detrimental role emerges for the tax wedge. These results are consistent across various specifications, and structural relationships are stable throughout the 2008–2013 period." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Finding a job: An intersectional analysis of search strategies and outcomes among U.S. STEM graduates (2023)
Zitatform
Glass, Jennifer, Kara Takasaki, Sharon Sassler & Emily Parker (2023): Finding a job: An intersectional analysis of search strategies and outcomes among U.S. STEM graduates. In: Research in Social Stratification and Mobility, Jg. 83. DOI:10.1016/j.rssm.2023.100758
Abstract
"Many STEM degree holders, especially women and minorities, are not employed in STEM occupations in the United States, and transitions into the STEM labor force among recent graduates have been declining since the 1980′s. We examine transitions from school to work at two large U.S. universities in 2015–16, focusing on the internship experiences and job search strategies of graduating chemistry and chemical engineering majors. Surprisingly, 28% of our STEM respondents had no post-graduation plans, though women were significantly more likely than men to already have a job. Overall race differences in post-graduation plans were insignificant, though Black and Hispanic students were more likely to have no post-graduation plans compared to Whites and Asians. While Black, Hispanic, and LGBT students reported fewer job search behaviors overall, potentially explaining this pattern, no gender differences in job search behaviors or internship experiences emerged to explain women's employment advantage. However, better grades led to early job offers, reducing most of women's initial hiring advantage along with positive internship experiences, which did not alter men's likelihood of a job offer but were associated with a higher likelihood of a job offer among women." (Author's abstract, IAB-Doku, © 2023 Elsevier) ((en))
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Literaturhinweis
Jobseekers’ Beliefs about Comparative Advantage and (Mis)Directed Search (2023)
Zitatform
Kiss, Andrea, Robert Garlick, Kate Orkin & Lukas Hensel (2023): Jobseekers’ Beliefs about Comparative Advantage and (Mis)Directed Search. (Upjohn Institute working paper 388), Kalamazoo, Mich., 99 S. DOI:10.17848/wp23-388
Abstract
"Worker sorting into tasks and occupations has long been recognized as an important feature of labor markets. But this sorting may be inefficient if jobseekers have inaccurate beliefs about their skills and therefore apply to jobs that do not match their skills. To test this idea, we measure young South African jobseekers’ communication and numeracy skills and their beliefs about their skill levels. Many jobseekers believe they are better at the skill in which they score lower, relative to other jobseekers. These beliefs predict the skill requirements of jobs where they apply. In two field experiments, giving jobseekers their skill assessment results shifts their beliefs toward their assessment results. It also redirects their search toward jobs that value the skill in which they score relatively higher—using measures from administrative, incentivized task, and survey data—but does not increase total search effort. It also raises earnings and job quality, consistent with inefficient sorting due to limited information." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Time aggregation and unemployment volatility (2023)
Zitatform
Kudoh, Noritaka & Hiroaki Miyamoto (2023): Time aggregation and unemployment volatility. In: Economics Bulletin, Jg. 43, H. 2, S. 968-977.
Abstract
"This paper explores the importance of time aggregation for labor market fluctuations. Instead of correcting time aggregation bias in the data, we develop a simple search-matching model in which some individuals lose and find a job within a period to artificially generate the bias. The magnitude of time aggregation bias is highly procyclical. An increase in the degree of time aggregation bias is associated with a significantly lower unemployment volatility." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Matching and sorting across regions (2023)
Zitatform
Lacava, Chiara (2023): Matching and sorting across regions. In: Journal of economic geography, Jg. 23, H. 4, S. 801-822. DOI:10.1093/jeg/lbac038
Abstract
"This article measures the effects of workers' mobility across regions characterised by different productivity levels through the lens of a search and matching model with heterogeneous workers and firms estimated using administrative data. In an application to Italy, the model estimates imply that the relocation of workers to the most productive region boosts employment and output at the country level, reduces inequality and widens productivity gaps. There is an interplay between the sorting of workers across regions and across firms, and migration mitigates the frictions caused by worker–firm sorting. The model allows for the evaluation of general equilibrium effects of place-based policies towards the least productive region. Subsidising the creation of high-technology jobs reduces migration substantially while increasing employment and productivity. In contrast, subsidies for hiring unemployed or high-skill migrants imply indirect effects that limit policy effectiveness." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
The Macroeconomics of Skills Mismatch in the Presence of Emigration (2023)
Zitatform
Liontos, George, Konstantinos Mavrigiannakis & Eugenia Vella (2023): The Macroeconomics of Skills Mismatch in the Presence of Emigration. (Working paper series / Athens University of Economics and Business, Department of International and European Economic Studies 2023-14), Athen, 52 S.
Abstract
"Employment in mismatch (low-skill) jobs is a potential factor in the emigration of highly qualified workers. At the same time, high-skilled emigration and emigration of mismatch workers can free up positions for stayers. In bad times, it could also amplify demand losses and the unemployment spell, which in turn affects the mismatch rate. In this paper, we investigate the link between vertical skills mismatch and emigration of both non-mismatch and mismatch workers in a DSGE model. The model features also skill and wealth heterogeneous households, capital-skill complementarity (CSC) and labor frictions. We find that an adverse productivity shock reduces investment and primarily hurts the high-skilled who react by turning to both jobs abroad and mismatch jobs in the domestic labor market. A negative shock to government spending crowds-in investment and primarily hurts the low-skilled who thus turn to jobs abroad. Following the fiscal cut, the high-skilled instead reduce their search for mismatch employment and later they also reduce their search for jobs abroad." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
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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Literaturhinweis
Labour market tightness and matching efficiency in different labour market segments – do differences in education and occupation matter? (2023)
Obadić, Alka; Viljevac, Viktor;Zitatform
Obadić, Alka & Viktor Viljevac (2023): Labour market tightness and matching efficiency in different labour market segments – do differences in education and occupation matter? (EFZG working paper series 2303), Zagreb, 47 S.
Abstract
"This paper analyses the existing educational and occupational structures of several EU member countries and their alignment with the needs of the labour market. Such a situation may indicate a structural mismatch in labour market in which the mismatch between the skills taught in schools and universities and the skills needed in the workplace appears. To evaluate this mismatch, the paper investigates the matching needs of employers and unemployed job seekers by disaggregating the registered employment office data by education and occupation groups in selected EU countries separately. More educated workers, as well as workers in more complex and better-paid occupations, might fare better when it comes to the aggregate labour market trends. For example, economic downturns and increases in unemployment might be felt more heavily by workers with lower education and those who work in professions requiring fewer skills. In this paper, we analyse the data for a selected group of countries (Austria, Croatia, Estonia, Slovenia, and Spain) from 2010 till 2022, using the Beveridge curves and estimate the labour market tightness and matching efficiency for different education and occupation groups. Our results show that differences in education levels and occupation result in relatively small deviations from aggregate trends in the labour market. Aggregate labour market trends therefore strongly impact all groups in the labour market, whether the market is segmented by education levels or by occupation. In other words, both the improvements in the labour market conditions and the worsening of labour market conditions have similar effects across different labour market segments." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Population size and the job matching of college graduates (2023)
Zitatform
Pominova, Mariya & Todd Gabe (2023): Population size and the job matching of college graduates. In: Applied Economics Letters, Jg. 30, H. 20, S. 2994-2997. DOI:10.1080/13504851.2022.2117774
Abstract
"This paper examines the relationship between a region’s population size and the match of college-educated workers to jobs that require a degree. Results show a positive relationship between degree match and county population size in the United States, with a 100,000-person increase in population associated with a 1.3-percentage point increase in the likelihood of a match. The analysis uses a person’s grade point average in college to account for the potential sorting of higher-skilled workers into larger urban areas and the dataset has individuals across a wide range of regions from small rural areas to big cities." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Measuring skill gaps in firms: the PIAAC Employer Module (2023)
Quintini, Glenda; Marcolin, Luca;Zitatform
Quintini, Glenda & Luca Marcolin (2023): Measuring skill gaps in firms: the PIAAC Employer Module. (OECD social, employment and migration working papers 292), Paris, 42 S.
Abstract
"This paper introduces the Employer Module of the OECD Survey of Adult Skills (PIAAC), a new OECD survey designed to measure the imbalance between the supply of and demand for the skills needed in the workplace (skill gaps), and how this relates to companies' business strategy and hiring, training and human resource practices. The document first describes the added value of collecting such data, and the different streams of economic research it can contribute to. It then shows how the Module can complement worker-level information on skill imbalances collected in the OECD Survey of Adult Skills. Lastly, it presents the key technical features of the survey, including the questionnaire's conceptual development, the units of observation and coverage, the mode of administration, and the requirements for data cleaning and validation." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Wage-Specific Search Intensity (2023)
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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Literaturhinweis
Bidding for Talent: A Test of Conduct in a High-Wage Labor Market (2023)
Zitatform
Roussille, Nina & Benjamin Scuderi (2023): Bidding for Talent: A Test of Conduct in a High-Wage Labor Market. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16352), Bonn, 69 S.
Abstract
"We develop a procedure for adjudicating between models of firm wage-setting conduct. Using data on workers' choice sets and decisions over real jobs from a U.S. job search platform, we first estimate workers' rankings over firms' non-wage amenities. We document three key findings: 1) On average, workers are willing to accept 12.3% lower salaries for a 1-S.D. improvement in amenities. 2) Between-worker preference dispersion is equally large, indicating that preferences are not well-described by a single ranking. 3) High-paying firms have better amenities. Following the modern IO literature, we use these estimates to formulate a test of conduct based on exclusion restrictions. Oligopsonistic models incorporating strategic interactions between firms and tailoring of wage offers to workers' outside options are rejected in favor of simpler monopsonistic models featuring near-uniform markdowns. Misspecification has meaningful consequences: while our preferred model predicts average markdowns of 19.5%, others predict average markdowns as large as 26.6%." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Labor Market News and Expectations about Jobs & Earnings (2023)
Zitatform
Schmidpeter, Bernhard (2023): Labor Market News and Expectations about Jobs & Earnings. (Working paper / Department of Economics, Johannes Kepler Universität of Linz 2023-14), Linz, 30 S.
Abstract
"Little is known about how workers update expectations about job search and earnings when exposed to labor market news. To identify the impact of news on expectations, I exploit Foxconn's unexpected announcement to build a manufacturing plant in Racine County. Exposure to positive news leads to an increase in expected salary growth at the current firm. Individuals also revise their expectations about outside offers upward, anchoring their beliefs to Foxconn's announced wages. They act on their updated beliefs with a small increase in current consumption. Negative news from a scaled-down plan leads to a revision of expectations back toward baseline." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Labor Market Dynamics with Sorting (2023)
Zitatform
Schulz, Bastian (2023): Labor Market Dynamics with Sorting. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16467), Bonn, S. 37.
Abstract
"I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor market sorting, and aggregate shocks. In response to a positive productivity shock, incentives to sort increase disproportionately. Firms respond by posting additional vacancies, and the strength of the response is increasing in firm productivity. The distribution of unemployment worker types adjusts slowly, which amplifies job creation in the short run. In the long run, falling unemployment curtails the firms' vacancy posting. The model closely matches time-series moments from U.S. labor market data and produces realistic degrees of wage dispersion and labor market sorting." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Vertical and Horizontal Mismatch in the UK: Are Graduates' Skills a Good Fit for Their Jobs? (2023)
Zitatform
Vecchi, Michela, Catherine Robinson, Maja Savic & Marina Romiti (2023): Vertical and Horizontal Mismatch in the UK: Are Graduates' Skills a Good Fit for Their Jobs? (NIESR discussion paper 548), London, 39 S.
Abstract
"Understanding the skill mismatch among graduates, its causes and consequences is crucial for an economy as it reveals an inefficient allocation of resources that can lead to a decline in workers' wages and in a country's overall productivity performance. This study contributes to the skill mismatch debate by examining graduates' vertical and horizontal mismatch in the UK. Using the 2017 Annual Population Survey, we introduce a new, objective measure of horizontal mismatch (fit index) and account for skills beyond education. Performance of the fit index is compared with a standard measure of vertical mismatch, that typically refers to graduates employed in non-graduate jobs. We find that approximately 30% of graduates in the UK are employed in non-graduate jobs, while nearly 33% work in fields unrelated to their degree subject. Using information on the skill classification of occupations (SOC2010), we adjust these overall figures controlling for unobservable skills. This allows us to derive six skill groups, each capturing the distance between graduates' skills and those required on the job. At the top of skill distribution, we find graduates who are matched in terms of qualification and skills (44%), followed by those who are only horizontally mismatched, that is those who are employed in an occupation requiring a university degree but whose field of study does not match the requirements of the job (23%). At the bottom of the skill distribution, we find graduates who are overqualified on paper but whose skills are likely to be very close to those required on the job (16%). These graduates are particularly penalized in terms of wages. In fact, our estimates show that they earn approximately 40% less compared to those with a perfect job match. This wage penalty, on the other hand, is substantially lower for graduates who are only horizontally mismatched (approximately 2%). However, although for individuals a pure horizontal mismatch does not impose a strong downward p" (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Duration Dependence in Finding a Job: Applications, Interviews, and Job Offers (2023)
Zitatform
Zuchuat, Jeremy, Rafael Lalive, Aderonke Osikominu, Lorenzo Pesaresi & Josef Zweimüller (2023): Duration Dependence in Finding a Job: Applications, Interviews, and Job Offers. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 16602), Bonn, 94 S.
Abstract
"The job finding rate declines with the duration of unemployment. While this is a well established fact, the reasons are still disputed. We use monthly search diaries from Swiss public employment offices to shed new light on this issue. Search diaries record all applications sent by job seekers, including the outcome of each application – whether the employer followed up with a job interview and a job offer. Based on more than 600,000 applications sent by 15,000 job seekers, we find that job applications and job interviews decrease, but job offers (after an interview) increase with duration. A model with statistical discrimination by firms and learning from search outcomes by workers replicates these empirical duration patterns closely. The structurally estimated model predicts that 55 percent of the decline in the job finding rate is due to "true" duration dependence, while the remaining 45 percent is due to dynamic selection of the unemployment pool. We also discuss further drivers of the observed duration patterns, such as human capital depreciation, stock-flow matching, depletion of one's personal network, and changes in application targeting or quality." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
The Direct and Indirect Effects of Online Job Search Advice (2022)
Zitatform
Altmann, Steffen, Anita Marie Glenny, Robert Mahlstedt & Alexander Sebald (2022): The Direct and Indirect Effects of Online Job Search Advice. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 15830), Bonn, 44 S.
Abstract
"We study how online job search advice affects the job search strategies and labor market outcomes of unemployed workers. In a large-scale field experiment, we provide job seekers with vacancy information and occupational recommendations through an online dashboard. A clustered randomization procedure with regionally varying treatment intensities allows us to account for treatment spillovers. Our results show that online advice is highly effective when the share of treated workers is relatively low: in regions where less than 50% of job seekers are exposed to the treatment, working hours and earnings of treated job seekers increase by 8.5–9.5% in the year after the intervention. At the same time, we find substantial negative spillovers on other treated job seekers for higher treatment intensities, resulting from increased competition between treated job seekers who apply for similar vacancies." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Do the Long-Term Unemployed Benefit from Automated Occupational Advice during Online Job Search? (2022)
Zitatform
Belot, Michèle, Philipp Kircher & Paul Muller (2022): Do the Long-Term Unemployed Benefit from Automated Occupational Advice during Online Job Search? (IZA discussion paper 15452), Bonn, 34 S.
Abstract
"In a randomized field experiment, we provide personalized suggestions about suitable alternative occupations to long-term unemployed job seekers in the UK. The suggestions are automatically generated, integrated in an online job search platform, and fed into actual search queries. Effects on the primary pre-registered outcomes of “finding a stable job” and “reaching a cumulative earnings threshold” are positive, are significant among those who searched at least once, and are more pronounced for those who are longer unemployed. Treated individuals include more occupations in their search and find more jobs in recommended occupations." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
How wage announcements affect job search: a field experiment (2022)
Zitatform
Belot, Michèle, Philipp Kircher & Paul Muller (2022): How wage announcements affect job search. A field experiment. In: American Economic Journal. Macroeconomics, Jg. 14, H. 4, S. 1-67. DOI:10.1257/mac.20200116
Abstract
"In a field experiment, we study how job seekers respond to posted wages by assigning wages randomly to pairs of otherwise similar vacancies in a large number of professions. Higher wages attract significantly more interest. Still, a nontrivial number of applicants only reveal an interest in the low-wage vacancy. With a complementary survey, we show that external raters perceive higher-wage jobs as more competitive. These findings qualitatively support core predictions of theories of directed/competitive search, though in the simplest calibrated model, applications react too strongly to the wage. We discuss extensions such as on-the-job search that rectify this." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Worker-Firm Screening and the Business Cycle (2022)
Zitatform
Bradley, Jake (2022): Worker-Firm Screening and the Business Cycle. (IZA discussion paper 15017), Bonn, 50 S.
Abstract
"There has been a substantial body of work modeling the co-movement of employment, vacancies, and output over the business cycle. This paper builds on this literature, and informed by empirical investigation, models worker and firm search and hiring behavior in a manner consistent with recent micro-evidence. Consistent with empirical findings, for a given vacancy, a firm receives many applicants, and chooses their preferred candidate amongst the set. Similarly, workers in both unemployment and employment, can evaluate many open vacancies simultaneously and choose to which they make an application. Business cycles are propagated through turbulence in the economy. Structural parameters of the model are estimated on U.S. data, targeting aggregate time series. The model can generate large volatility in unemployment, vacancies, and worker flows across jobs and employment state. Further, it provides a theoretical mechanism for the shift in the Beveridge curve after the 2008 recession - a phenomenon often referred to as the jobless recovery. That is, persistently low employment after the recession, despite output per worker and vacancies having returned to pre-crisis levels." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Who Set Your Wage? (2022)
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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Literaturhinweis
JAQ of All Trades: Job Mismatch, Firm Productivity and Managerial Quality (2022)
Zitatform
Coraggio, Luca, Marco Pagano, Annalisa Scognamiglio & Joacim Tåg (2022): JAQ of All Trades: Job Mismatch, Firm Productivity and Managerial Quality. (IFN working paper / Research Institute of Industrial Economic 1427), Stockholm, 37 S.
Abstract
"Does the matching between workers and jobs help explain productivity differentials across firms? To address this question we develop a job-worker allocation quality measure (JAQ) by combining employer-employee administrative data with machine learning techniques. The proposed measure is positively and significantly associated with labor earnings over workers' careers. At firm level, it features a robust positive correlation with firm productivity, and with managerial turnover leading to an improvement in the quality and experience of management. JAQ can be constructed for any employer-employee data including workers' occupations, and used to explore the effect of corporate restructuring on workers' allocation and careers." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Hiring in border regions: experimental and qualitative evidence from a recruiter survey in Luxembourg (2022)
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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Literaturhinweis
Assortative labor matching, city size, and the education level of workers (2022)
Zitatform
Leknes, Stefan, Jørn Rattsø & Hildegunn E. Stokke (2022): Assortative labor matching, city size, and the education level of workers. In: Regional Science and Urban Economics, Jg. 96. DOI:10.1016/j.regsciurbeco.2022.103806
Abstract
"We investigate the heterogeneity of assortative labor matching with respect to geography, skills, and tasks. Our contribution is to separate plant quality by education level and occupation tasks using the AKM-model. We introduce a geology-related instrument to analyze the city effect and address limited mobility bias. Using rich administrative worker-plant dataset for Norway, we show that matching of the college educated have a strong city effect. The IV estimates indicate that a doubling of city size increases the correlation between worker and plant quality by 9 percentage points. A wage decomposition shows that matching accounts for 22% of the urban wage premium adjusted for sorting. In terms of occupations, better matching in cities is observed only for non-routine abstract tasks." (Author's abstract, IAB-Doku, © 2022 Elsevier) ((en))
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Literaturhinweis
Methoden der Stellensuche und Stellensucherfolg: Arbeitsmarktstudie (2022)
Zitatform
Liechti, David, Mirjam Suri, Thomas Möhr, Patrick Arni & Michael Siegenthaler (2022): Methoden der Stellensuche und Stellensucherfolg. Arbeitsmarktstudie. (Grundlagen für die Wirtschaftspolitik / Staatssekretariat für Wirtschaft SECO 33), Bern, 104 S.
Abstract
"Die Studie setzt sich mit der Frage auseinander, wie beim RAV gemeldete Stellensuchende nach Stellen suchen und was eine erfolgreiche Suche ausmacht. Die Analyse wurde mittels Befragungen von Stellensuchenden (Anmeldungen 2019, bzw. wiederholte Befragung Anmeldungen Mai 2021) sowie Daten der Arbeitslosenstatistik durchgeführt. Im Durchschnitt setzen Stellensuchende wöchentlich etwa 19 Stunden für Bewerbungen ein, etwas weniger als die Hälfte (knapp neun Stunden) werden für die Identifikation von passenden Stellen aufgewendet, die weiteren knapp zehn Stunden werden in das Verfassen von Bewerbungen investiert. Über 95 Prozent der Stellensuchenden nutzen sowohl analoge als auch Online-Suchkanäle. Die Kanäle, welche am häufigsten genutzt werden, sind allgemeine Jobbörsen, Suchmaschinen im Internet, Webseiten von Arbeitgebern, das persönliche Netzwerk sowie Initiativ-bewerbungen. Rund 62 Prozent aller Befragten nutzen arbeit.swiss/Job-Room – die Jobplattform der öffentlichen Arbeitsvermittlung – mehrmals monatlich für die Stellensuche. Die Nutzung der Plattform ist bei Geringqualifizierten und Personen ohne Kenntnisse der Landessprachen bedeutend geringer. Generell selten werden beispielsweise Inserate in Zeitungen als Suchkanal genutzt. Rund drei Viertel der Stellensuchenden nutzen zwischen sieben und elf Kanäle parallel (von zwölf in dieser Studie differenzierten Suchkanälen). Am häufigsten kam der entscheidende Hinweis auf die Stelle, welche angetreten werden konnte, aus dem persönlichen Netzwerk oder die Stelle wurde auf einer allgemeinen Jobbörse identifiziert. Regelmässig werden die Stellensuchenden aber auch von Personalvermittlungsfirmen oder Arbeitgebern direkt kontaktiert und kommen so an eine neue Stelle. Es zeigen sich Auffälligkeiten nach Untergruppen: Stellensuchende ab 55 Jahren nutzen im Vergleich zu jüngeren Stellensuchenden etwas seltener Online-Kanäle, sichten dafür aber häufiger Zeitungsinserate. In Bezug auf den Erfolg von Suchkanälen weichen die älteren Stellensuchenden allerdings nicht vom Durchschnitt ab (die drei erfolgreichsten Kanäle entsprechen denjenigen des Durchschnitts). Weiter sind Personen, welche nicht mindestens eine Landessprache gut beherrschen, mit Jobbörsen im Internet kaum erfolgreich. Da diese Gruppe aber Jobbörsen nicht signifikant seltener nutzt, interpretieren wir dies nicht als Hürde bei der Nutzung, sondern als Hindernis beim Erstellen des Bewerbungsdossiers. Zudem gehen beispielsweise für Initiativbewerbungen bei Hilfsarbeitskräften eine hohe Nutzung und hohe Erfolgsraten einher. Die gewählten Strategien unterscheiden sich kaum zwischen Stellensuchenden, die eine Stelle gefunden haben und solchen, die keine gefunden haben. Die Suchstrategie wird über eine längere Suchdauer teilweise angepasst. Kurzfristig, bzw. in den ersten Monaten der Arbeitslosigkeit, ist die Veränderung allerdings sehr gering (bezüglich Suchintensität und auch Wahl der genutzten Kanäle). Generell scheint es, dass eher das Suchfeld verbreitert wird und keine Anpassungen bezüglich der Wahl der Suchkanäle stattfindet." (Autorenreferat, IAB-Doku)
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Literaturhinweis
Matching Efficiency and Heterogeneous Workers in the UK (2022)
Lisauskaite, Elena;Zitatform
Lisauskaite, Elena (2022): Matching Efficiency and Heterogeneous Workers in the UK. (IZA discussion paper / Forschungsinstitut zur Zukunft der Arbeit 15610), Bonn, 40 S.
Abstract
"The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between vacancies and unemployed workers. This paper studies the changes in the labour market's efficiency over the period between 2001 and 2015 in the UK, and decomposes various factors behind it, such as industrial labour market segmentation and characteristics of unemployed, using the standard aggregate matching function. Consistent with the findings for the US (Barnichon and Figura (2015), Hall and Schulhofer-Wohl (2018)), I find that the UK labour market experienced a decrease in the matching efficiency during the Great Recession. However, contrary to what Barnichon & Figura (2015) observed in the US, composition of the labour market did not account for much of this decrease, leaving labour market tightness as the main factor for the decline in efficiency in matching unemployed workers and available vacancies. Accounting for labour market segmentation and worker heterogeneity, can explain 24% of movements in the matching efficiency over the period between 2001Q3 and 2014Q3." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Market Transition and Network-Based Job Matching in China: The Referrer Perspective (2022)
Zitatform
Obukhova, Elena & Brian Rubineau (2022): Market Transition and Network-Based Job Matching in China: The Referrer Perspective. In: ILR review, Jg. 75, H. 1, S. 200-224. DOI:10.1177/0019793920937234
Abstract
"To better understand how network-based job matching responds to market development, the authors investigate network matching in China. They examine this question from the perspective of referrers, those who share information about job opportunities with potential job candidates. Using unique data from a population survey and leveraging interprovincial differences in market development, the authors show that market development has a negative association with individuals’ propensity to share job information. People who work at firms that offer a referral bonus and people who work at private firms, however, are more likely to share information and share it with more people, and the number of such employers increases with market transition. This increase can produce a positive association between market development and overall prevalence of job information-sharing. Results clarify the role employer-side processes play in job information-sharing and carry important implications for understanding network matching." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
A Task-Based Theory of Occupations with Multidimensional Heterogeneity (2022)
Ocampo, Sergio;Zitatform
Ocampo, Sergio (2022): A Task-Based Theory of Occupations with Multidimensional Heterogeneity. (Centre for Human Capital and Productivity (CHCP) working paper series 2022-02), London, Ontario, 64 S.
Abstract
"I develop an assignment model of occupations with multidimensional heterogeneity in production tasks and worker skills. Tasks are distributed continuously in the skill space, whereas workers have a discrete distribution with a finite number of types. Occupations arise endogenously as bundles of tasks optimally assigned to a type of worker. The model allows us to study how occupations respond to changes in the economic environment, making it useful for analyzing the implications of automation, skill-biased technical change, offshoring, and worker training. Using the model, I characterize how wages, the marginal product of workers, the substitutability between worker types, and the labor share depend on the assignment of tasks to workers. I introduce automation as the choice of the optimal size and location of a mass of identical robots in the task space. Automation displaces workers by replacing them in the performance of tasks, generating a cascading effect on other workers as the boundaries of occupations are redrawn." (Author's abstract, IAB-Doku) ((en))
Ähnliche Treffer
auch erschienen als: 2019 Meeting Papers, 477 -
Literaturhinweis
Occupational Matching and Cities (2022)
Zitatform
Papageorgiou, Theodore (2022): Occupational Matching and Cities. In: American Economic Journal. Macroeconomics, Jg. 14, H. 3, S. 82-132. DOI:10.1257/mac.20180122
Abstract
"In this paper, I document that workers in larger cities have significantly more occupational options than workers in smaller ones. They are able to form better occupational matches and earn higher wages. I also note differences in occupation reallocation patterns across cities. I develop a dynamic model of occupation choice that microfounds agglomeration economies and captures the empirical patterns. The calibration of the model suggests that better occupational match quality accounts for approximately 35 percent of the observed wage premium and one-third of the greater inequality in larger cities." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Demand-side consequences of unemployment and horizontal skill mismatches across national contexts: An employer-based factorial survey experiment (2022)
Zitatform
Shi, Lulu P. & Senhu Wang (2022): Demand-side consequences of unemployment and horizontal skill mismatches across national contexts: An employer-based factorial survey experiment. In: Social science research, Jg. 104. DOI:10.1016/j.ssresearch.2021.102668
Abstract
"With growing flexibilization in the labour market, continuous and consistent career trajectories have become less the norm, and workers facing unemployment may need to look for employment opportunities outside the occupation they are trained in. But what are their employment chances? And what are the chances of returning to the occupation they were trained in after having worked in a different occupation? Despite much research on how employers evaluate job candidates with vertical skill mismatches (e.g. over-qualification and under-qualification) and unemployment, there is little research to investigate how employers view horizontal mismatch in comparison to unemployment, and whether a combination of both generates multiplicative negative effects. Using data gathered from an employer survey experiment in Switzerland and Greece, we find that in Switzerland both unemployment and horizontal mismatch significantly reduce employment chances, but the scarring effect of horizontal mismatch is much stronger. In contrast, in Greece horizontal mismatch significantly reduces employment chances but unemployment does not. Furthermore, we found that horizontal mismatch scarring is significantly stronger in Switzerland than in Greece. These findings suggest that the scarring effects of both unemployment and horizontal mismatch vary across contexts. Further analyses show that, rather than experiencing multiplicative scarring effects, unemployment does not add further disadvantages to mismatched candidates in either country, highlighting the importance of occupational specificity of skills in labour market matching. Overall, these findings facilitate a more nuanced understanding of demand-side labour market processes, highlighting the distinct interactive effects of unemployment and horizontal mismatch across national contexts." (Author's abstract, IAB-Doku, © 2022 Elsevier) ((en))
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Literaturhinweis
Economic conditions, task shares, and overqualification (2022)
Zitatform
Summerfield, Fraser (2022): Economic conditions, task shares, and overqualification. In: Oxford economic papers, Jg. 74, H. 1, S. 40-61. DOI:10.1093/oep/gpab002
Abstract
"This article demonstrates that economic conditions affect job match quality by influencing the task shares of available jobs. Cognitive (reasoning/communication) and physical (sensory/coordination) task shares and education-based overqualification measures are generated from Canada’s Labour Force Survey, the Career Handbook, and the Occupational Information Network database. In unfavourable labour markets, cognitive task intensity decreases and physical task intensity rises. The task content of newly formed jobs is then shown to be an important empirical determinant of overqualification. A calibrated search model that accounts for these findings quantifies the costs of increased overqualification. Each percentage point increase in unemployment raises overqualification by 5.8 percentage points, partly due to changes in task shares. Economic output subsequently decreases by about 0.6%." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Job Search Intensity and Wage Rigidity in Business Cycles (2022)
Zitatform
Uemura, Yuki (2022): Job Search Intensity and Wage Rigidity in Business Cycles. (KIER discussion paper series 1078), Kyoto, 34 S.
Abstract
"This paper examines the job search behavior of unemployed workers over the business cycle. The paper first constructs a standard search and matching model with endogenous search efforts, wage rigidity, and a generalized matching function. Contrary to the existing literature, the proposed model generates both procyclical and countercyclical search intensity, depending on the degree of wage rigidity and the elasticity parameter of the matching function. The paper then 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) ((en))
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Literaturhinweis
Nine Mechanisms of Job-Searching and Job-Finding Through Contacts Among Young Adults (2022)
Zitatform
Vacchiano, Mattia (2022): Nine Mechanisms of Job-Searching and Job-Finding Through Contacts Among Young Adults. In: Sociological research online, Jg. 27, H. 2, S. 361-378. DOI:10.1177/13607804211009525
Abstract
"Since Granovetter’s seminal works, the influence of personal networks on the labour market has attracted widespread attention. This article analyses the role played by contacts in the context of the labour trajectories of young people in Spain, for whom the use of personal networks represents one of the most important job-searching methods. Using narrative data extracted from a life-history grid and ego-network generator, the analysis brings to light nine mechanisms in which personal contacts intervene in job-searching and job-finding in a sample of 90 young people living in the Barcelona Metropolitan Area. The article emphasizes that contacts play primarily three roles in these processes as informers, employers, or influencers. This distinction offers a renewed framework for the study of networks in the labour market, further complementing the debate on the strength of ties. Using this framework allows me to create a map of the mechanisms that shed light on personal networks as tools with which to deal with labour insecurity and unemployment among young people, thus providing resources that to a large extent reaffirm the objective character of class differences. The article offers innovative insights into how social capital operates in the labour market and helps understand how youth precarity, which is widespread in Spain, is experienced in a relational way." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Studying the UK job market during the COVID-19 crisis with online job ads (2021)
Zitatform
Arthur, Rudy (2021): Studying the UK job market during the COVID-19 crisis with online job ads. In: PLoS ONE, Jg. 16, H. 5. DOI:10.1371/journal.pone.0251431
Abstract
"The COVID-19 global pandemic and the lockdown policies enacted to mitigate it have had profound effects on the labour market. Understanding these effects requires us to obtain and analyse data in as close to real time as possible, especially as rules change rapidly and local lockdowns are enacted. This work studies the UK labour market by analysing data from the online job board Reed.co.uk, using topic modelling and geo-inference methods to break down the data by sector and geography. I also study how the salary, contract type, and mode of work have changed since the COVID-19 crisis hit the UK in March. Overall, vacancies were down by 60 to 70% in the first weeks of lockdown. By the end of the year numbers had recovered somewhat, but the total job ad deficit is measured to be over 40%. Broken down by sector, vacancies for hospitality and graduate jobs are greatly reduced, while there were more care work and nursing vacancies during lockdown. Differences by geography are less significant than between sectors, though there is some indication that local lockdowns stall recovery and less badly hit areas may have experienced a smaller reduction in vacancies. There are also small but significant changes in the salary distribution and number of full time and permanent jobs. As well as the analysis, this work presents an open methodology that enables a rapid and detailed survey of the job market in unsettled conditions and describes a web application jobtrender.com that allows others to query this data set." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Vacancies, Employment Outcomes and Firm Growth: Evidence from Denmark (2021)
Zitatform
Bagger, Jesper, Francois Fontaine, Manolis Galenianos & Ija Trapeznikova (2021): Vacancies, Employment Outcomes and Firm Growth: Evidence from Denmark. (IZA discussion paper 14436), Bonn, 31 S.
Abstract
"We use comprehensive data from Denmark that combine online job advertisements with a matched employer-employee dataset and a firm-level dataset with information on revenues and value added to study the relationship between vacancy-posting and various firm outcomes. Posting a vacancy is associated with a 4.5 percentage point increase in a firm's hiring rate and two-thirds of the additional hiring occurs within two months. The response of hiring from employment is twice as large as the response of hiring from non-employment. Firms that are smaller, low-wage and fast-growing are associated with larger hiring responses and that response materializes faster at larger firms, low-wage firms and fast-growing firms. We also find that separations are associated with subsequent vacancy posting and this effect is stronger for separations to employment, consistent with replacement hiring and the presence of vacancy chains. Growth in revenue and value added strongly predict vacancy-posting, with negative shocks having a stronger effect than positive shocks and larger shocks having less-than-proportional responses." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Job Search during a Pandemic Recession: Survey Evidence from the Netherlands (2021)
Zitatform
Balgová, Mária, Simon Trenkle, Christian Zimpelmann & Nico Pestel (2021): Job Search during a Pandemic Recession: Survey Evidence from the Netherlands. (IZA discussion paper 14180), Bonn, 36 S.
Abstract
"This paper studies job search behavior in the midst of a pandemic recession. We use long-running panel data from the Netherlands (LISS) and complement the core survey with our own COVID-specific module, conducted in June 2020, surveying job search effort of employed as well as unemployed respondents. We estimate an empirical model of job search over the business cycle over the period 2008-2019 to explore the gap between predicted and actual job search behavior in 2020. We find that job search during the pandemic recession differs strongly from previous downturns. The unemployed search significantly less than what we would normally observe during a recession of this size, while the employed search mildly more. Expectations about the duration of the pandemic seem to play a key role in explaining job search effort for the unemployed in 2020. Furthermore, employed subjects affected by changes in employment status due to COVID-19 are more likely to search for a job. Conversely, beliefs about infection risk do not seem to be related to job search in a systematic way." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
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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Literaturhinweis
Job search intensity of unemployed Workers and the business cycle (2021)
Zitatform
Bransch, Felix (2021): Job search intensity of unemployed Workers and the business cycle. In: Economics Letters, Jg. 205, S. 1-4. DOI:10.1016/j.econlet.2021.109927
Abstract
"This paper provides empirical evidence for the cyclicality in the job search intensity of unemployed workers using data on job search behavior from the Dutch National Bank Household Survey (DHS), an annual panel survey, for the years 1993 until 2018. I find that job search intensity is counter-cyclical, adding to the mixed results of prior studies that mainly rely on data from the US. This finding is robust to using different measures of search intensity and business cycle indicators. The counter-cyclical pattern seems to be driven by changes in the composition of searchers." (Author's abstract, IAB-Doku, © 2021 Elsevier) ((en))
