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
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
Arbeitslose im Grundsicherungsbezug: Väter nehmen ungünstige Arbeitszeiten und lange Arbeitswege eher in Kauf als Mütter (2024)
Zitatform
Frodermann, Corinna (2024): Arbeitslose im Grundsicherungsbezug: Väter nehmen ungünstige Arbeitszeiten und lange Arbeitswege eher in Kauf als Mütter. In: IAB-Forum H. 20.11.2024. DOI:10.48720/IAB.FOO.20241120.01
Abstract
"Daten des Panels „Arbeitsmarkt und soziale Sicherung“ (PASS) zeigen, dass Arbeitslose, die Leistungen der Grundsicherung beziehen, eine hohe Bereitschaft haben, eine neue Arbeitsstelle auch unter schlechteren Bedingungen anzunehmen. Bei dieser sogenannten Konzessionsbereitschaft gibt es allerdings große Unterschiede zwischen Männern und Frauen, vor allem unter Berücksichtigung des familiären Kontextes." (Autorenreferat, IAB-Doku)
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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
IAB-Monitor Arbeitskräftebedarf 2/2024: Rund 400.000 offene Stellen weniger als im Vorjahresquartal (Serie "Arbeitskräftesicherung") (2024)
Zitatform
Gürtzgen, Nicole, Alexander Kubis & Martin Popp (2024): IAB-Monitor Arbeitskräftebedarf 2/2024: Rund 400.000 offene Stellen weniger als im Vorjahresquartal (Serie "Arbeitskräftesicherung"). In: IAB-Forum H. 16.09.2024 Nürnberg. DOI:10.48720/IAB.FOO.20240916.01
Abstract
"Das gesamtwirtschaftliche Stellenangebot ist gegenüber dem Vorjahresquartal weiterhin rückläufig. Im zweiten Quartal 2024 liegt die Zahl der offenen Stellen insgesamt 23 Prozent unter dem Niveau des Vorjahres. Gerade kleinere Betriebe halten sich derzeit am Arbeitsmarkt zurück und suchen weniger Personal." (Autorenreferat, IAB-Doku)
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Literaturhinweis
Do employers learn more from referrals than from other recruitment channels? (2024)
Zitatform
Gürtzgen, Nicole & Laura Pohlan (2024): Do employers learn more from referrals than from other recruitment channels? In: Labour Economics, Jg. 89, 2024-05-16. DOI:10.1016/j.labeco.2024.102574
Abstract
"We study whether referrals deliver better information about the productivity of new hires than other recruiting channels. Using combined vacancy-register data, we document that referrals are associated with less screening and lower search costs. We demonstrate that the referral wage premium is informative on referrals’ information advantage only if differences in screening are accounted for. Consistent with the predictions from a learning model, referrals increase new hires’ job stability and wages, with the effects diminishing over time. Results suggest that the referral information advantage is particularly pronounced for males and when employers use referrals as the only search channel." (Author's abstract, IAB-Doku, © Elsevier) ((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
New Empirical Findings about the Interaction between Public Employment Agency and Private Search Effort (2024)
Zitatform
Holzner, Christian & Makoto Watanabe (2024): New Empirical Findings about the Interaction between Public Employment Agency and Private Search Effort. (CESifo working paper), München, 46 S.
Abstract
"The Public Employment Agency (PEA) helps unemployed to find work and mediates PEAregistered job vacancies to job seekers via vacancy referrals. Using the spatial and temporal variation resulting from the regional roll-out of the Hartz 3 reform we are able to show that Hartz 3, which changed the counseling process of unemployed, decreased the fraction of unemployed that received vacancy referrals, increased the job-finding probability of unemployed without vacancy referrals, left the job-finding probability of unemployed with vacancy referrals unaffected, and increased average wages of newly hired, previously unemployed. Since the existing literature is not able to explain this set of findings, we develop a simple theoretical directed search model, which does. It does so by considering the interaction between the private market and the intermediation provided by the PEA." (Author's abstract, IAB-Doku) ((en))
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Literaturhinweis
Skill vs. education types of labor mismatch and their association with earnings (2024)
Iakovlev, Vsevolod;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
Arbeits- und Fachkräftemangel trotz Arbeitslosigkeit (2024)
Klaus, Anton; Beckmann, Ralf;Zitatform
Klaus, Anton & Ralf Beckmann (2024): Arbeits- und Fachkräftemangel trotz Arbeitslosigkeit. (Berichte: Arbeitsmarkt kompakt / Bundesagentur für Arbeit), Nürnberg, 19 S.
Abstract
"• Trotz konjunktureller Schwäche klagen viele Unternehmen über Fachkräftemangel. Die letzte Fachkräfteengpassanalyse der Statistik der Bundesagentur für Arbeit weist für das Jahr 2022 200 Engpassberufe aus. Da stellt sich die Frage: Wie ist das mit einer Zahl von 2,6 Millionen Arbeitslosen im Jahresdurchschnitt 2023 zu vereinbaren?
ÐA• Arbeitslosigkeit ist kein statischer Block. Am Arbeitsmarkt gibt es viel Bewegung. Von Januar bis Dezember 2023 haben sich in Deutschland mehr als 2,2 Millionen Menschen im Anschluss an eine Erwerbstätigkeit arbeitslos gemeldet. Im selben Zeitraum haben 1,7 Millionen Arbeitslose eine Beschäftigung aufgenommen.
ÐA• In der Arbeitslosenversicherung sind die Wechsel zwischen Beschäftigung und Arbeitslosigkeit deutlich dynamischer als in der Grundsicherung für Arbeitsuchende.
ÐA• In der Grundsicherung für Arbeitsuchende, in der zwei Drittel der Arbeitslosen betreut werden, ist deshalb die durchschnittliche Dauer der Arbeitslosigkeit länger und der Anteil an Langzeit-arbeitslosen mit 47 Prozent sehr viel höher.
ÐA• Dies lässt sich unter anderem auf häufig auftretende multiple Vermittlungshemmnisse zurückführen. Knapp die Hälfte der Arbeitslosen im SGB II hat mindestens zwei vermittlungs-hemmende Merkmale wie zum Beispiel keine formale Berufsausbildung und langzeitarbeitslos.
ÐA• Der Arbeitsmarktausgleich wird darüber hinaus durch einen erheblichen Mismatch erschwert. Dieser lässt sich statistisch vor allem aus qualifikatorischer, beruflicher oder auch regionaler Sicht beschreiben.
ÐA• Über die Hälfte der Arbeitslosen sucht eine Beschäftigung auf Helferniveau. Jedoch richten sich fast 80 Prozent der gemeldeten Stellen an Fachleute.
ÐA• Während auf Ebene der Helfer rein rechnerisch rund 9 Arbeitslose auf eine Stelle kommen, liegt die Relation bei qualifiziertem Fachpersonal bei knapp 2:1.
ÐA• Engpässe sind vor allemin Pflege-, Gesundheits- und Sozialberufen, in Bau- und Handwerks-berufen oder auch in IT-Berufen auszumachen. Dagegen gibt es zum Beispiel in Büroberufen, in der Lagerlogistik oder auch in künstlerisch-kreativen Berufen vergleichsweise viele Arbeitslose auf wenige gemeldete Stellen.
ÐA• Regional fallen vor allem Unterschiede zwischen den Flächenländern und den Stadtstaaten auf. Während es in Bayern rechnerisch gesehen weniger arbeitslose Fachkräfte als gemeldete Stellen gibt, treffen in Hamburg oder Berlin im Schnitt gut 3 bis 5 arbeitslose Fachkräfte auf eine gemeldete Stelle.
ÐA• Als Potenzial für die Besetzung offener Stellen kommen nicht nur Arbeitslose in Frage, sondern auch beispielsweise nichtarbeitslose Arbeitsuchende, (junge) Menschen, die in Kürze einen beruflichen Abschluss erwerben, Personen aus der Stillen Reserve oder auch zugewanderte Menschen." (Autorenreferat, IAB-Doku)Weiterführende Informationen
Link zur aktuellen Version, ältere Fassungen online nicht mehr verfügbar. -
Literaturhinweis
Social capital, job search and labor market outcomes (2024)
Zitatform
Krug, Gerhard (2024): Social capital, job search and labor market outcomes. In: S. McDonald, R. Côté & J. Shen (Hrsg.) (2024): The Handbook on Inequality and Social Capital, 2023-02-01. DOI:10.4337/9781802202373.00034
Abstract
"This chapter gives an overview of the role of social capital in job search. Based on the conceptual distinction between accessed, activated and mobilized social capital, the author first posits a theoretical model of how social capital relates to individuals’ job search behavior and shapes labor market outcomes. This model is used to specify the contributions of a variety of empirical studies from disciplines such as sociology, labor market economics and social psychology to the social capital literature. The author also reviews empirical studies on employers’ use of social capital and social networks and studies on the role of personal contacts as intermediaries between job seekers and employers seeking to fill a vacancy. The chapter concludes with a discussion of frequently encountered methodological problems in research on social capital and job search and of possible directions for future research." (Author's abstract, IAB-Doku, © Elgar) ((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
Recruiting mid-qualified workers in product-innovating firms: Which personality traits matter? (2024)
Zitatform
Minssen, Luisa, Mark Levels, Harald Pfeifer & Caroline Wehner (2024): Recruiting mid-qualified workers in product-innovating firms: Which personality traits matter? In: Journal of Behavioral and Experimental Economics, Jg. 112. DOI:10.1016/j.socec.2024.102267
Abstract
"Change in the work context is an important characteristic of product-innovating firms, and the innovation's profitability often depends on the workers’ adaptive capability to cope with change. Personality traits shape the individual adaptive capability. Nevertheless, the current economic recruitment literature does not discuss personality trait-oriented recruitment in product-innovating firms. We investigate whether recruiters in product-innovating firms prefer mid-qualified job applicants with certain Big Five personality traits. We conduct a discrete choice experiment among 799 firms in Germany and use mixed logit models to estimate the heterogeneous personality preferences of recruiters by distinguishing between firms performing i) radical and ii) incremental product innovations. We find that recruiters prefer more emotionally stable workers regardless of the firm's innovation type. However, recruiters from firms engaging in radical innovations also prefer more conscientious applicants. Our findings have practical implications for firms, applicants and policy makers designing training curricula, because we show that recruiters from product-innovating firms consider personality trait-oriented recruitment not only for high-qualified workers but also for mid-qualified workers." (Author's abstract, IAB-Doku, © 2024 Elsevier) ((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
Predicting Job Match Quality: A Machine Learning Approach (2024)
Zitatform
Mühlbauer, Sabrina & Enzo Weber (2024): Predicting Job Match Quality: A Machine Learning Approach. (IAB-Discussion Paper 09/2024), Nürnberg, 25 S. DOI:10.48720/IAB.DP.2409
Abstract
"Dieses Papier beschäftigt sich mit einer groß angelegten Datenanalyse um die Matching‑Qualität auf dem Arbeitsmarkt zu untersuchen. Hierfür verwenden wir einen sehr umfangreichen administrativen Datensatz zu Arbeitsmarktbiographien in Deutschland. Die Schätzungen werden sowohl mit maschinellem Lernen (extreme gradient boosting), als auch mit traditionellen statistischen Methoden (OLS, logit) durchgeführt. Bei der Gegenüberstellung beider Methoden wird deutlich, dass maschinelles Lernen insbesondere in den Bereichen Mustererkennung, Analyse von sehr großen Datensätzen und Minimierung der Fehlerrate deutliche Vorteile gegenüber den herkömmlichen Methoden aufweist. Schließlich werden die Prognosen für Matching‑Qualität (Stabilität und Löhne) mit Matching‑Wahrscheinlichkeiten kombiniert. Anhand dieser Ergebnisse wird für jede arbeitssuchende Person eine Liste mit Berufsvorschlägen generiert. Damit können Arbeitsvermittlern und Arbeitssuchenden Alternativen aufgezeigt werden, wodurch sich ihr Suchverhalten auf dem Arbeitsmarkt erweitern könnte." (Autorenreferat, IAB-Doku)
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Literaturhinweis
Skill mismatch and the costs of job displacement (2024)
Zitatform
Neffke, Frank, Ljubica Nedelkoska & Simon Wiederhold (2024): Skill mismatch and the costs of job displacement. In: Research Policy, Jg. 53. DOI:10.1016/j.respol.2023.104933
Abstract
"Establishment closures have lasting negative consequences for the workers displaced from their jobs. We study how these consequences vary with the amount of skill mismatch that workers experience after job displacement. Developing new measures of occupational skill redundancy and skill shortage, we analyze the work histories of individuals in Germany between 1975 and 2010. We estimate difference-in-differences models, using a sample of displaced workers who are matched to statistically similar non-displaced workers. We find that displacements increase the probability of occupation change eleven-fold. Moreover, the magnitude of post-displacement earnings losses strongly depends on the type of skill mismatch that workers experience in such job switches. Whereas skill shortages are associated with relatively quick returns to the earnings trajectories that displaced workers would have experienced absent displacement, skill redundancy sets displaced workers on paths with permanently lower earnings. We show that these differences can be attributed to differences in mismatch after displacement, and not to intrinsic differences between workers making different post-displacement career choices." (Author's abstract, IAB-Doku, © Elsevier) ((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))