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Job-Advertising and Wage Control Spillovers

William B. Goodwin and John Carlson

Journal of Human Resources, 1981, vol. 16, issue 1, 80-93

Abstract: This article examines the tradeoffs between wages and job-related advertising in the recruitment of new employees. We hypothesize that when wages are limited by controls, firms increase their use of nonwage recruiting methods. We find support for this hypothesis by examining the effect of the Nixon wage controls on newspaper help-wanted advertisements.

Date: 1981
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