How Broadband Internet Affects Labor Market Matching
Manudeep Bhuller (),
Andreas R. KostÃ¸l () and
Trond C. Vigtel ()
Additional contact information
Andreas R. KostÃ¸l: Arizona State University
Trond C. Vigtel: University of Oslo
Authors registered in the RePEc Author Service: Andreas Ravndal Kostøl
No 2002, CReAM Discussion Paper Series from Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi-experimental variation in internet use. This paper helps fill this gap using plausibly exogenous roll-out of broadband infrastructure in Norway, and comprehensive data on recruiters, vacancies and job seekers. We document that broadband expansions increased online vacancy-postings and lowered the average duration of a vacancy and the share of establishments with unfilled vacancies. These changes led to higher job-finding rates and starting wages and more stable employment relationships after an unemployment-spell. Consequently, our calculations suggest that the steady-state unemployment rate fell by as much as one-fifth.
Keywords: Unemployment; Information; Job Search; Matching (search for similar items in EconPapers)
JEL-codes: D83 J63 J64 L86 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ict, nep-pay and nep-ure
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Working Paper: How broadband internet affects labor market matching (2020)
Working Paper: How Broadband Internet Affects Labor Market Matching (2020)
Working Paper: How Broadband Internet Affects Labor Market Matching (2019)
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