Vacancy Durations and Entry Wages: Evidence from Linked Vacancy-Employer-Employee Data

Andreas Mueller, Damian Osterwalder, Josef Zweimüller (josef.zweimueller@econ.uzh.ch) and Andreas Kettemann

No 25118, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper explores the relationship between the duration of a vacancy and the starting wage of a new job, using linked data on vacancies, the posting establishments and the workers eventually filling the vacancies. The unique combination of large-scale, administrative worker-, establishment- and vacancy-data is critical for separating establishment- and job-level determinants of vacancy duration from worker-level heterogeneity. Conditional on worker observables, we find that vacancy duration is negatively correlated with the starting wage and its establishment component, with precisely estimated elasticities of -0.04 and -0.10, respectively. While the negative relationship is qualitatively consistent with models of wage posting, these elasticities are small, suggesting that firms’ wage policies can account only for a small fraction of the variation in vacancy filling across establishments.

JEL-codes: E24 J31 J63 (search for similar items in EconPapers)
Date: 2018-10
New Economics Papers: this item is included in nep-dge, nep-hrm, nep-lma and nep-mac
Note: EFG LS
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (21)

Published as Andreas I Mueller & Damian Osterwalder & Josef Zweimüller & Andreas Kettemann, 2024. "Vacancy Durations and Entry Wages: Evidence from Linked Vacancy–Employer–Employee Data," Review of Economic Studies, vol 91(3), pages 1807-1841.

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Related works:
Journal Article: Vacancy Durations and Entry Wages: Evidence from Linked Vacancy–Employer–Employee Data (2024)
Working Paper: Vacancy Durations and Entry Wages: Evidence from Linked Vacancy-Employer-Employee Data (2018)
Working Paper: Vacancy Durations and Entry Wages: Evidence from Linked Vacancy-Employer-Employee Data (2018)
Working Paper: Vacancy Durations and Entry Wages: Evidence from Linked Vacancy-Employer-Employee Data (2018)
Working Paper: Vacancy durations and entry wages: evidence from linked vacancy-employer-employee data (2018)
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