How wage announcements affect job search - a field experiment
Philipp Kircher and
Paul Muller ()
No 13286, CEPR Discussion Papers from C.E.P.R. Discussion Papers
We study how job seekers respond to wage announcements by assigning wages randomly to pairs of otherwise similar vacancies in a large number of professions. High wage vacancies attract more interest, in contrast with much of the evidence based on observational data. Some applicants only show interest in the low wage vacancy even when they were exposed to both. Both findings are core predictions of theories of directed/competitive search where workers trade off the wage with the perceived competition for the job. A calibrated model with multiple applications and on-the-job search induces magnitudes broadly in line with the empirical findings.
Keywords: directed search; field experiments; Online job search; wage competition (search for similar items in EconPapers)
JEL-codes: C93 J31 J63 J64 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dge, nep-hrm and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at firstname.lastname@example.org
Working Paper: How Wage Announcements Affect Job Search - A Field Experiment (2018)
Working Paper: How wage announcements affect job search - a field experiment (2018)
Working Paper: How Wage Announcements Affect Job Search: A Field Experiment (2018)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:13286
Ordering information: This working paper can be ordered from
http://www.cepr.org/ ... rs/dp.php?dpno=13286
Access Statistics for this paper
More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().