Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/170896
Authors: 
Weinstein, Russell
Year of Publication: 
2017
Series/Report no.: 
IZA Discussion Papers 10912
Abstract: 
This paper analyzes labor market matching in the presence of search and informational frictions, by studying employer recruiting on college campuses. Based on employer and university interviews, I develop a model describing how firms choose target campuses given relevant frictions. The model predicts that with screening costs, the decision to recruit and the wage are driven by the selectivity of surrounding universities, in addition to the university's selectivity. The prediction has strong support using data from 39 finance and consulting firms and the Baccalaureate and Beyond. Structural estimation of an equilibrium model directly quantifies the impact of reducing screening costs.
Subjects: 
labor market search
employer recruiting
return to university education
screening costs
JEL: 
J23
J31
D83
I26
M51
Document Type: 
Working Paper

Files in This Item:
File
Size
2.24 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.