Arbeitspapier
Formalized Employee Search and Labor Demand
Firms often use social networks to find workers, limiting the pool of potential applicants. We conduct a field experiment subsidizing firms' formal vacancy posting. The subsidies increase non-network employee search and shift vacancies towards high-skilled positions. Post-treatment, firms continue searching for high-skilled workers despite reverting to network-based search. This change in skill requirements does not increase vacancy posting or hiring, suggesting substitutability between workers of different skill levels. Finally, we experimentally show that information asymmetries about applicants' skills do not limit firms' formal search. Our results highlight that exposure to different labor market segments can permanently change firms' labor demand.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 14839
- Klassifikation
-
Wirtschaft
Firm Behavior: Empirical Analysis
Labor Demand
Informal Labor Markets
Field Experiments
- Thema
-
formalization
social networks
hiring
firms
field experiments
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Hensel, Lukas
Tekleselassie, Tsegay
Witte, Marc
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Hensel, Lukas
- Tekleselassie, Tsegay
- Witte, Marc
- Institute of Labor Economics (IZA)
Entstanden
- 2021
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