Arbeitspapier

Job search and hiring with two-sided limited information about workseekers' skills

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.

Language
Englisch

Bibliographic citation
Series: Upjohn Institute Working Paper ; No. 20-328

Classification
Wirtschaft
Labor Demand
Human Capital; Skills; Occupational Choice; Labor Productivity
Wage Level and Structure; Wage Differentials
Labor Contracts
Economic Development: Human Resources; Human Development; Income Distribution; Migration
Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
Subject
Job search
hiring
two-sided limited information
worker assessment
field experiment
employment
earnings

Event
Geistige Schöpfung
(who)
Carranza, Eliana
Garlick, Robert
Orkin, Kate
Rankin, Neil
Event
Veröffentlichung
(who)
W.E. Upjohn Institute for Employment Research
(where)
Kalamazoo, MI
(when)
2020

DOI
doi:10.17848/wp20-328
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Carranza, Eliana
  • Garlick, Robert
  • Orkin, Kate
  • Rankin, Neil
  • W.E. Upjohn Institute for Employment Research

Time of origin

  • 2020

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