Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/62941 
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dc.contributor.authorBrown, Metaen
dc.contributor.authorSetren, Elizabethen
dc.contributor.authorTopa, Giorgioen
dc.date.accessioned2012-08-28-
dc.date.accessioned2012-09-20T13:06:02Z-
dc.date.available2012-09-20T13:06:02Z-
dc.date.issued2012-
dc.identifier.urihttp://hdl.handle.net/10419/62941-
dc.description.abstractThe limited nature of data on employment referrals in large business and household surveys has so far impeded our efforts to understand the relationships among employment referrals, match quality, wage trajectories, and turnover. Using a new firm-level data set that includes explicit information on whether a worker at the company was referred by a current employee, we are able to provide rich detail on these empirical relationships for a single U.S. corporation and to test various predictions of theoretical models of labor market referrals. Our results align with the following predictions: 1) referred candidates are more likely to be hired, 2) referred workers experience an initial wage advantage, 3) the wage advantage dissipates over time, 4) referred workers have longer tenure in the firm, and 5) the variances of the referred and nonreferred wage distributions converge over time. The richness of the data allows us to analyze the role of referrer-referee relationships, and the size and diversity of the corporation permit analysis of referrals at a wide variety of skill and experience levels.en
dc.language.isoengen
dc.publisher|aFederal Reserve Bank of New York |cNew York, NYen
dc.relation.ispartofseries|aStaff Report |x568en
dc.subject.jelJ30en
dc.subject.jelJ63en
dc.subject.jelJ64en
dc.subject.ddc330en
dc.subject.keywordreferralsen
dc.subject.keywordnetworksen
dc.subject.keywordpersonnelen
dc.subject.keywordwage mobilityen
dc.subject.keywordturnoveren
dc.titleDo informal referrals leads to better matches? Evidence from a firm's employee referral system-
dc.typeWorking Paperen
dc.identifier.ppn722370237en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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