Recruitment Policies, Job-Filling Rates and Matching Efficiency

Carlos Carrillo-Tudela, Hermann Gartner and Leo Kaas

No 13240, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: Recruitment behavior is important for the matching process in the labor market. Using unique linked survey-administrative data, we explore the relationships between hiring and recruitment policies. Faster hiring goes along with higher search effort, lower hiring standards and more generous wages. To analyze the mechanisms behind these patterns, we develop a directed search model in which firms use different recruitment margins in response to productivity shocks. The calibrated model points to an important role of hiring standards for matching efficiency and for the impact of labor market policy, whereas search effort and wage policies play only a minor role.

Keywords: labor market matching; recruitment; vacancies (search for similar items in EconPapers)
JEL-codes: E24 J23 J63 (search for similar items in EconPapers)
Pages: 52 pages
Date: 2020-05
New Economics Papers: this item is included in nep-dge and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (19)

Published - published in: Journal of the European Economic Association, 2023, 21 (6), 2413 - 2459

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Related works:
Journal Article: Recruitment Policies, Job-Filling Rates, and Matching Efficiency (2023)
Working Paper: Recruitment Policies, Job-Filling Rates and Matching Efficiency (2020)
Working Paper: Recruitment Policies, Job-Filling Rates and Matching Efficiency (2020)
Working Paper: Recruitment Policies, Job-Filling Rates and Matching Efficiency (2020)
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