Search Costs and the Determinants of Job Search

Arbeitspapier

This paper examines how individuals select into job search in terms of their individual qualifications and perceptions and measures how recruiting additional applicants with a modest job-search subsidy affects selection. I use experimental evidence to examine individuals' decisions to attend and participate in a job fair. Thirteen percent of invited but unsubsidized respondents attend the job fair, and they are positively selected from the overall distribution of respondents. While the subsidy attracts those who are less qualified and less confident in their ability to find work abroad, the least qualified do not search intensively. Although the subsidy does not lead to any additional offers, it induces individuals with a high degree of uncertainty about their likelihood of job-finding to apply with recruitment agencies. These results demonstrate the importance of imperfect information about the returns to search and highlight how reducing search costs can increase search effort among those most uncertain about their prospects.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 13793

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Economic Development: Human Resources; Human Development; Income Distribution; Migration ; Unemployment: Models, Duration, Incidence, and Job Search ; Search; Learning; Information and Knowledge; Communication; Belief; Unawareness ; Field Experiments
• Thema: recruitment ; job search ; perceived returns ; migration ; field experiment

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Beam, Emily A.
• Ereignis: Veröffentlichung
• (wer): Institute of Labor Economics (IZA)
• (wo): Bonn
• (wann): 2020

Weitere Informationen

• Handle: http://hdl.handle.net/10419/227320
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ