Job Search and Hiring with Two-sided Limited Information about Workseekers’ Skills

Eliana Carranza, Robert Garlick, Kate Orkin (kate.orkin@bsg.ox.ac.uk) and Neil Rankin

No 2020-10, CSAE Working Paper Series from Centre for the Study of African Economies, University of Oxford

Abstract: We present field experimental evidence that limited information about workseekers’ skills distorts both firm and workseeker behavior. Assessing workseekers’ skills, giving workseekers their assessment results, and helping them to credibly share the results with firms increases workseekers’ employment and earnings. It also aligns their beliefs and search strategies more closely with their skills. Giving assessment results only to workseekers has similar effects on beliefs and search, but smaller effects on employment and earnings. Giving assessment results only to firms increases callbacks. These patterns are consistent with two-sided information frictions, a new finding that can inform design of information-provision mechanisms.

JEL-codes: J23 J24 J31 J41 O15 O17 (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-bec, nep-exp and nep-lma
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Citations: View citations in EconPapers (23)

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Related works:
Working Paper: Job Search and Hiring with Two-Sided Limited Information about Workseekers' Skills (2021)
Working Paper: Job Search and Hiring with Two-sided Limited Information about Workseekers’ Skills (2020)
Working Paper: Job Search and Hiring with Two-Sided Limited Information about Workseekers' Skills (2020)
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