Arbeitspapier

Recruitment Policies, Job-Filling Rates and Matching Efficiency

Recruitment behavior is important for the matching process in the labor market. Using unique linked survey-administrative data, we explore the relationships between hiring and recruitment policies. Faster hiring goes along with higher search effort, lower hiring standards and more generous wages. To analyze the mechanisms behind these patterns, we develop a directed search model in which firms use different recruitment margins in response to productivity shocks. The calibrated model points to an important role of hiring standards for matching efficiency and for the impact of labor market policy, whereas search effort and wage policies play only a minor role.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 8299

Klassifikation
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Labor Demand
Labor Turnover; Vacancies; Layoffs
Thema
vacancies
recruitment
labor market matching

Ereignis
Geistige Schöpfung
(wer)
Carrillo-Tudela, Carlos
Gartner, Hermann
Kaas, Leo
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and Ifo Institute (CESifo)
(wo)
Munich
(wann)
2020

Handle
Letzte Aktualisierung
20.09.2024, 08:25 MESZ

Objekttyp

  • Arbeitspapier

Beteiligte

  • Carrillo-Tudela, Carlos
  • Gartner, Hermann
  • Kaas, Leo
  • Center for Economic Studies and Ifo Institute (CESifo)

Entstanden

  • 2020

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