Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/224559
Authors: 
Lochner, Benjamin
Merkl, Christian
Stüber, Heiko
Gürtzgen, Nicole
Year of Publication: 
2020
Series/Report no.: 
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2020: Gender Economics
Abstract: 
Using the German IAB Job Vacancy Survey, we look into the black box of recruiting intensity and hiring practices from the employers' perspective. Our paper evaluates three important channels for hiring -namely vacancy posting, the selectivity of hiring (labor selection), and the number of search channels- through the lens of an undirected search model. Vacancy posting and labor selection show a U-shape over the employment growth distribution. The number of search channels is also upward sloping for growing establishments, but relatively flat for shrinking establishments. We argue that growing establishments react to positive establishment-specific productivity shocks by using all three channels more actively. Furthermore, we connect the fact that shrinking establishments post more vacancies and are less selective than those with a constant workforce to churn triggered by employment-to-employment transitions. In line with our theoretical framework, all three hiring margins are procyclical over the business cycle.
Subjects: 
recruiting intensity
vacancies
labor selection
administrative data
survey data
JEL: 
E24
J63
Document Type: 
Conference Paper

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