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Decomposing Recruitment Elasticity in Job Matching

Ryo Kambayashi (), Kohei Kawaguchi and Suguru Otani

No wavdn_v1, SocArXiv from Center for Open Science

Abstract: This study estimates and decomposes recruitment elasticity, a key measure of employer market power, across job-matching stages using data from Japan's largest job-matching intermediary. On average, recruitment elasticity is negative but not statistically significantly different from zero. However, this masks heterogeneity across stages. The negative elasticity arises from lower-wage workers avoiding higher-wage vacancies during inquiry. Posted wages positively influence application, interview attendance, and offer acceptance decisions, with elasticity decreasing in that order. Other important patterns are also examined.

Date: 2024-12-03
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Working Paper: Decomposing Recruitment Elasticity in Job Matching (2025) Downloads
Working Paper: Decomposing Recruitment Elasticity in Job Matching (2024) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:osf:socarx:wavdn_v1

DOI: 10.31219/osf.io/wavdn_v1

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