Labor selection over the business cycle: An empirical assessment

Arbeitspapier

This paper is the first to analyze how much the probability of selecting a worker from a pool of applicants fluctuates over the business cycle. We use the German Job Vacancy Survey to construct the selection rate on the regional, industry, and national level and show that it is negatively correlated with unemployment. In addition, panel estmations reveal a positive comovement between the selection rate and market tightness, which is in line with the theoretical prediction from labor selection models.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: FAU Discussion Papers in Economics ; No. 02/2016

Classification and Topics

• Classification: Wirtschaft ; Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity ; Business Fluctuations; Cycles ; Unemployment: Models, Duration, Incidence, and Job Search
• Subject: Labor Selection ; Job-finding Rate ; Labor Market Dynamics ; Business Cycle

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Hochmuth, Brigitte ; Gartner, Hermann ; Kohlbrecher, Britta ; Merkl, Christian
• Event: Veröffentlichung
• (who): Friedrich-Alexander-Universität Erlangen-Nürnberg, Institute for Economics
• (where): Nürnberg
• (when): 2016

Further information

• Handle: http://hdl.handle.net/10419/130163
• Last update: 10.03.2025, 11:42 AM CET