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matching – Suchprozesse am Arbeitsmarkt

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

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  • Literaturhinweis

    Occupational Matching and Cities (2022)

    Papageorgiou, Theodore ;

    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

    Search Costs and Wage Inequality (2022)

    Pi, Jiancai ; Zhang, Kaiqi ;

    Zitatform

    Pi, Jiancai & Kaiqi Zhang (2022): Search Costs and Wage Inequality. In: The B.E. Journal of Theoretical Economics, Jg. 22, H. 1, S. 67-104. DOI:10.1515/bejte-2019-0168

    Abstract

    "This paper analyzes how search costs affect skilled-unskilled wage inequality. In the basic model, we find that an increase in skilled labor's search costs will decrease wage inequality if the skilled labor market and the unskilled labor market are separated. In the extended model, our findings are as follows: (i) Even if there exists free entry into the unskilled labor market or the endogenous provision of public goods, an increase of search costs in the skilled labor market will decrease wage inequality; and (ii) if skilled search costs are negatively related to the skilled wage, wage inequality will be increased." (Author's abstract, IAB-Doku, © De Gruyter) ((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)

    Shi, Lulu P. ; Wang, Senhu ;

    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

    Job Search during a Pandemic Recession: Survey Evidence from the Netherlands (2021)

    Balgová, Mária ; Trenkle, Simon ; Pestel, Nico ; Zimpelmann, Christian ;

    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))

    Beteiligte aus dem IAB

    Trenkle, Simon ;
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  • Literaturhinweis

    Job search intensity of unemployed Workers and the business cycle (2021)

    Bransch, Felix ;

    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))

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  • Literaturhinweis

    Contagious Unemployment (2021)

    Engbom, Niklas;

    Zitatform

    Engbom, Niklas (2021): Contagious Unemployment. (NBER working paper 28829), Cambridge, MA, 46, 24 S.

    Abstract

    "Recent micro evidence of how workers search for jobs is shown to have critical implications for the macroeconomic propagation of labor market shocks. Unemployed workers send over 10 times as many job applications in a month as their employed peers, but are less than half as likely per application to make a move. I interpret these patterns as the unemployed applying for more jobs that they are less likely to be a good fit for. During periods of high unemployment, it consequently becomes harder for firms to assert who is a good fit for the job. By raising the cost of recruiting, a short-lived adverse shock has a persistent negative impact on the job finding rate. I provide evidence that firms spend more time on recruiting when unemployment is high, quantitatively consistent with the theory." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Recruiting Intensity, Hires, and Vacancies: Evidence from Firm-Level Data (2021)

    Forsythe, Eliza ; Weinstein, Russell ;

    Zitatform

    Forsythe, Eliza & Russell Weinstein (2021): Recruiting Intensity, Hires, and Vacancies: Evidence from Firm-Level Data. (IZA discussion paper 14138), Bonn, 42 S.

    Abstract

    "We investigate employer recruiting behavior, using detailed firm-level data from a national survey of employers hiring recent college graduates. We show employers adjust recruiting effort, hiring standards, and compensation with the business cycle, beliefs about tightness, and their own hiring plans. We then show that firms expending greater recruiting effort hire more individuals per vacancy. The results suggest that when firms want to increase hires they adjust vacancies and recruiting intensity per vacancy, which may help explain the breakdown in the standard matching function during the Great Recession. Our measure of recruiting effort explains roughly 16% of the residual elasticity of the vacancy yield with respect to hires." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Matching for three: big data evidence on search activity of workers, firms, and employment service (2021)

    Hartl, Tobias ; Weber, Enzo ; Hutter, Christian ;

    Zitatform

    Hartl, Tobias, Christian Hutter & Enzo Weber (2021): Matching for three: big data evidence on search activity of workers, firms, and employment service. (IAB-Discussion Paper 01/2021), Nürnberg, 14 S.

    Abstract

    "Wir generieren Maße für die Suchintensität von Arbeitgebern und Arbeitssuchenden und zum ersten Mal - für die Vermittlungsintensität von Arbeitsagenturen. Zu diesem Zweck greifen wir auf Big Data zu Online-Aktivitäten aus der Online Jobbörse der Bundesagentur für Arbeit und ihrer internen Vermittlungssoftware zurück. Wir verwenden diese Daten, um eine erweiterte Matchingfunktion zu schätzen, bei der der Effizienzparameter mit den Such- und Vermittlungsintensitäten variiert. Die Ergebnisse zeigen, dass alle drei Intensitätsmaße erheblich zur Erklärung der Job-findings-Variation beitragen." (Autorenreferat, IAB-Doku)

    Beteiligte aus dem IAB

    Weber, Enzo ; Hutter, Christian ;
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  • Literaturhinweis

    Cyclicality of labour market search: a new big data Approach (2021)

    Hutter, Christian ;

    Zitatform

    Hutter, Christian (2021): Cyclicality of labour market search: a new big data Approach. In: Journal for labour market research, Jg. 55, 2020-12-11. DOI:10.1186/s12651-020-00283-9

    Abstract

    "This paper exploits big data on online activity from the job exchange of the German Federal Employment Agency and its internal placement-software to generate measures for search activity of employers and job seekers and - as a novel feature - for placement activity of employment agencies. In addition, the average search perimeter in the job seekers’ search profiles can be measured. The data are used to estimate the behaviour of the search and placement activities during the business and labour market cycle and their seasonal patterns. The results show that the search activities of firms and employment agencies are procyclical. By contrast, job seekers’ search intensity shows a countercyclical pattern, at least before the COVID-19 crisis." (Author's abstract, © 2021 Springer) ((en))

    Beteiligte aus dem IAB

    Hutter, Christian ;
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  • Literaturhinweis

    Flexible work practices and organizational attractiveness in Germany: The mediating role of anticipated organizational support (2021)

    Kröll, Claudia; Nüesch, Stephan ; Foege, J. Nils ;

    Zitatform

    Kröll, Claudia, Stephan Nüesch & J. Nils Foege (2021): Flexible work practices and organizational attractiveness in Germany. The mediating role of anticipated organizational support. In: The International Journal of Human Resource Management, Jg. 32, H. 3, S. 543-572. DOI:10.1080/09585192.2018.1479876

    Abstract

    "This study analyzes how flexible work practices (FWPs) such as flexible work schedules, telecommuting, and sabbaticals affect the organizational attractiveness of companies to job seekers in the German job market. We apply conservation of resource theory to propose that FWPs are positively related to perceived organizational attractiveness. Furthermore, we use organizational support theory to suggest that this link is mediated by job seekers' anticipated organizational support. We test our predictions using two complementary studies among German job seekers: A field study (N = 188) at two job fairs and an online scenario experiment (N = 469). Our findings indicate that flexible work practices, in particular flexible work schedules and sabbaticals, significantly increase organizational attractiveness as perceived by job seekers and that these effects are indeed mediated by anticipated organizational support. Our results further suggest that this link is independent of job seekers' attitudes towards FWPs and that the effect of sabbaticals is stronger than the effect of either flexible work schedules or telecommuting." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Predicting the self-regulated job search of mature-aged job seekers: The use of elective selection, loss-based selection, optimization, and compensation strategies (2021)

    Watermann, Henriette; Fasbender, Ulrike ; Klehe, Ute-Christine ;

    Zitatform

    Watermann, Henriette, Ulrike Fasbender & Ute-Christine Klehe (2021): Predicting the self-regulated job search of mature-aged job seekers: The use of elective selection, loss-based selection, optimization, and compensation strategies. In: Journal of vocational behavior, Jg. 128. DOI:10.1016/j.jvb.2021.103591

    Abstract

    "Job search is a demanding and often demotivating process, challenging job-seekers' self-regulation. Particularly, mature-aged job seekers face lower reemployment chances – and may benefit from strategies known from the lifespan literature. The current study examined whether and when the use of aging strategies (elective selection, loss-based selection, optimization, and compensation; SOC strategies) can support mature-aged job seekers in their self-regulated job search process (goal establishment and goal pursuit). We collected data from 659 mature-aged job seekers in three countries (Germany, United Kingdom, and United States) at four different times over two months. Results of multi-level modeling showed no support for gain-oriented strategies, namely elective selection (prioritizing one instead of multiple goals) and optimization (investing every effort to reach one's goal). In contrast, loss-oriented strategies, namely loss-based selection (prioritizing or selecting a new goal after a setback) and compensation (using new or previously unused means in the face of obstacles), supported mature-aged job seekers' goal establishment and goal pursuit. Moreover, with increasing age, mature-aged job seekers reported lower reemployment efficacy (the confidence to find a new job), which moderated the relation between compensation with goal pursuit. Compensation was particularly helpful for mature-aged job seekers' goal pursuit in weeks in which they reported lower (vs. higher) reemployment efficacy. These findings highlight the importance of loss-oriented aging strategies as beneficial coping strategies. With regard to practice, the present study speaks to the benefits of SOC strategies and points to the development of interventions targeted toward mature-aged job seekers." (Author's abstract, IAB-Doku, © 2021 Elsevier) ((en))

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  • Literaturhinweis

    Wie die Corona-Krise die Suchprozesse am Arbeitsmarkt beeinflusst (Serie "Corona-Krise: Folgen für den Arbeitsmarkt") (2020)

    Bauer, Anja ; Mamertino, Mariano; Keveloh, Kristin; Weber, Enzo ;

    Zitatform

    Bauer, Anja, Kristin Keveloh, Mariano Mamertino & Enzo Weber (2020): Wie die Corona-Krise die Suchprozesse am Arbeitsmarkt beeinflusst (Serie "Corona-Krise: Folgen für den Arbeitsmarkt"). In: IAB-Forum H. 05.08.2020 Nürnberg, o. Sz., 2020-08-05.

    Abstract

    "Viele Branchen wurden von der Corona-Krise hart getroffen, andere nicht, einige konnten sogar profitieren. Damit ändert sich auch das Suchverhalten am Arbeitsmarkt. Dies zeigt eine Auswertung von Daten des beruflichen Netzwerkes." (Autorenreferat, IAB-Doku)

    Beteiligte aus dem IAB

    Weber, Enzo ;
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  • Literaturhinweis

    Competing for jobs: How COVID-19 changes search behaviour in the labour market (2020)

    Bauer, Anja ; Weber, Enzo ; Mamertino, Mariano; Keveloh, Kristin;

    Zitatform

    Bauer, Anja, Kristin Keveloh, Mariano Mamertino & Enzo Weber (2020): Competing for jobs: How COVID-19 changes search behaviour in the labour market. (IAB-Discussion Paper 33/2020), Nürnberg, 21 S.

    Abstract

    "Bislang ist wenig darüber bekannt, wie die Coronakrise die Suchprozesse auf dem Arbeitsmarkt verändert hat. Durch eine Analyse von Daten aus dem beruflichen Netzwerk LinkedIn für Deutschland erhalten wir Erkenntnisse zu einer Veränderung der Konkurrenz am Arbeitsmarkt, einer Umverteilung von Bewerbungen und einer möglichen Verschiebung in Richtung niedrigerer Karrierestufen. Wir stellen fest, dass der Wettbewerb unter den Arbeitnehmern um Arbeitsplätze stark zugenommen hat. Die Daten lassen den Rückschluss zu, dass dies eher auf zusätzliche Arbeitssuchende als auf eine höhere Suchintensität zurückgeht. Darüber hinaus zeigen die LinkedIn-Daten, dass sich Personen aus von der Krise besonders betroffenen Branchen sehr viel häufiger bewerben und dass sich die Zielbranchen für Bewerbungen erheblich verschoben haben. Schließlich stellen wir fest, dass sich Personen während der Krise deutlich häufiger unterhalb und deutlich seltener oberhalb der eigenen Karrierestufe beworben haben." (Autorenreferat, IAB-Doku)

    Beteiligte aus dem IAB

    Weber, Enzo ;
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  • Literaturhinweis

    Job Search and Hiring with Two-sided Limited Information about Workseekers' Skills (2020)

    Carranza, Eliana; Rankin, Neil ; Garlick, Robert; Orkin, Kate ;

    Zitatform

    Carranza, Eliana, Robert Garlick, Kate Orkin & Neil Rankin (2020): Job Search and Hiring with Two-sided Limited Information about Workseekers' Skills. (Upjohn Institute working paper 328), Kalamazoo, Mich., 70 S. DOI:10.17848/wp20-328

    Abstract

    "We present field experimental evidence that limited information about workseekers’ skills distorts both firm and workseeker behavior. Assessing workseekers’ skills, giving workseekers their assessment results, and helping them to credibly share the results with firms increases workseekers’ employment and earnings. It also aligns their beliefs and search strategies more closely with their skills. Giving assessment results only to workseekers has similar effects on beliefs and search, but smaller effects on employment and earnings. Giving assessment results only to firms increases callbacks. These patterns are consistent with two-sided information frictions, a new finding that can inform design of information-provision mechanisms." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

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

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

    Zitatform

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

    Abstract

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

    Beteiligte aus dem IAB

    Trenkle, Simon ; Heining, Jörg;

    Weiterführende Informationen

    Online Appendix
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  • Literaturhinweis

    Do ethnicity and sex of employers affect applicants’ job interest?: An experimental exploration (2020)

    Granberg, Mark ; Ottosson, Niklas; Ahmed, Ali ;

    Zitatform

    Granberg, Mark, Niklas Ottosson & Ali Ahmed (2020): Do ethnicity and sex of employers affect applicants’ job interest? An experimental exploration. In: Journal for labour market research, Jg. 54, S. 1-15. DOI:10.1186/s12651-020-00281-x

    Abstract

    "Starting a business is one way out of unemployment for many people. Having a small pool of job applicants may, however, affect the quality of manpower available to employers. This paper reports the results of an experimental study that examined whether job-seekers discriminate against prospective employers based on those employers’ ethnicity and sex. We conducted an experiment with 889 university students, where we presented 10 hypothetical job vacancies in the restaurant sector to the participants. We then asked participants to state their willingness to apply to each job. The ethnicity and sex of the employers were conveyed through employers’ names by using typical male and female Arabic- and Swedish-sounding names. Overall, our results provided no evidence of ethnic or sex discrimination by job-seekers against employers." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    Wie die regionale Mobilität von Jugendlichen zur Besetzung von Ausbildungsplätzen beiträgt (2020)

    Herzer, Philip; Ulrich, Joachim Gerd;

    Zitatform

    Herzer, Philip & Joachim Gerd Ulrich (2020): Wie die regionale Mobilität von Jugendlichen zur Besetzung von Ausbildungsplätzen beiträgt. (BIBB-Report 2020,05), Leverkusen, 20 S.

    Abstract

    "Als Folge gestiegener Passungsprobleme zwischen Angebot und Nachfrage auf dem Ausbildungsmarkt hat sich die Zahl der unbesetzten Ausbildungsplätze stark vergrößert. Um die Probleme zu mildern, gilt neben mehr beruflicher Flexibilität eine höhere regionale Mobilität der Jugendlichen als eine der Schlüsselgrößen. Der BIBB-Report untersucht, wie sich die bislang gezeigte Mobilität der Jugendlichen auf die Ausbildungsmärkte vor Ort auswirkt. Dabei wird im Gegensatz zu früheren Darstellungen nicht die Perspektive der Jugendlichen, sondern die der Betriebe eingenommen. Es zeigt sich, dass Mobilität bislang vor allem die Rekrutierungschancen der Betriebe in Großstädten erhöht. In eher ländlichen Regionen im Umfeld der Großstädte kommt es dagegen oft zu Verschlechterungen. Vor diesem Hintergrund wird diskutiert, in welcher Weise die Mobilität der Jugendlichen weiter gefördert werden kann, um den ausbildungswilligen Betrieben mehr Nachfrage zu verschaffen." (Autorenreferat, IAB-Doku)

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  • Literaturhinweis

    The German job search panel (2020)

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

    Zitatform

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

    Abstract

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

    Beteiligte aus dem IAB

    Schmidtke, Julia ; Stephan, Gesine ;
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  • Literaturhinweis

    Worker overconfidence: Field evidence and implications for employee turnover and firm profits (2020)

    Hoffman, Mitchell; Burks, Stephen V. ;

    Zitatform

    Hoffman, Mitchell & Stephen V. Burks (2020): Worker overconfidence: Field evidence and implications for employee turnover and firm profits. In: Quantitative Economics, Jg. 11, H. 1, S. 315-348. DOI:10.3982/QE834

    Abstract

    "Combining weekly productivity data with weekly productivity beliefs for a large sample of truckers over 2 years, we show that workers tend to systematically and persistently overpredict their productivity. If workers are overconfident about their own productivity at the current firm relative to their outside option, they should be less likely to quit. Empirically, all else equal, having higher productivity beliefs is associated with an employee being less likely to quit. To study the implications of overconfidence for worker welfare and firm profits, we estimate a structural learning model with biased beliefs that accounts for many key features of the data. While worker overconfidence moderately decreases worker welfare, it also substantially increases firm profits." (Author's abstract, IAB-Doku) ((en))

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  • Literaturhinweis

    The Fundamental Surplus or the Fundamentality of Vacancy Posting Costs? (2020)

    Kiarsi, Mehrab;

    Zitatform

    Kiarsi, Mehrab (2020): The Fundamental Surplus or the Fundamentality of Vacancy Posting Costs? In: Economics Bulletin, Jg. 40, H. 2, S. 1011-1016.

    Abstract

    "In a recent influential paper, Ljungqvist and Sargent (2017) suggest that beneath the large responses of unemployment to movements in productivity in the various proposed reconfigurations of the standard Mortensen and Pissarides model is simply the small size of the fundamental surplus fraction. I show that the fundamental surplus fraction is small if and only if the per-vacancy posting cost is small." (Author's abstract, IAB-Doku) ((en))

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