Arbeitspapier
Job market signaling and screening: an experimental comparison
We analyze the Spence education game in experimental markets. We compare a signaling and a screening variant, and we analyze the effect of increasing the number of competing employers from two to three. In all treatments, more efficient workers invest more often in education and employers offer higher wages for workers who have invested. However, separation is incomplete, e.g., investment does not pay on average for efficient worker types. Increased competition leads to higher wages in the signaling sessions, not with screening. In the signaling version, we observe significantly more separating outcomes than in the screening version of the game.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 1794
- Klassifikation
-
Wirtschaft
Multiple or Simultaneous Equation Models: Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
Human Capital; Skills; Occupational Choice; Labor Productivity
Comparative Studies of Particular Economies
- Thema
-
Job-market signaling
job-market screening
sorting
Bayesian games experiments
Arbeitsuche
Personalbeschaffung
Bildungsverhalten
Signalling
Test
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kübler, Dorothea
Müller, Wieland
Normann, Hans-Theo
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Kübler, Dorothea
- Müller, Wieland
- Normann, Hans-Theo
- Institute for the Study of Labor (IZA)
Entstanden
- 2005