Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/215024 
Year of Publication: 
2019
Series/Report no.: 
CESifo Working Paper No. 8022
Publisher: 
Center for Economic Studies and ifo Institute (CESifo), Munich
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
Document Type: 
Working Paper
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