Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/246104 
Year of Publication: 
2020
Series/Report no.: 
Working Paper No. 1/2020
Publisher: 
Norges Bank, Oslo
Abstract: 
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.
Subjects: 
Unemployment
Information
Job Search
Matching
JEL: 
D83
J63
J64
L86
Persistent Identifier of the first edition: 
ISBN: 
978-82-8379-134-1
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper
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