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Erscheinungsjahr: 
2016
Schriftenreihe/Nr.: 
FAU Discussion Papers in Economics No. 02/2016
Verlag: 
Friedrich-Alexander-Universität Erlangen-Nürnberg, Institute for Economics, Nürnberg
Zusammenfassung: 
This paper is the first to analyze how much the probability of selecting a worker from a pool of applicants fluctuates over the business cycle. We use the German Job Vacancy Survey to construct the selection rate on the regional, industry, and national level and show that it is negatively correlated with unemployment. In addition, panel estmations reveal a positive comovement between the selection rate and market tightness, which is in line with the theoretical prediction from labor selection models.
Schlagwörter: 
Labor Selection
Job-finding Rate
Labor Market Dynamics
Business Cycle
JEL: 
E24
E32
J64
Dokumentart: 
Working Paper

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