| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16265 |
| 来源ID | Working Paper 16265 |
| The Establishment-Level Behavior of Vacancies and Hiring | |
| Steven J. Davis; R. Jason Faberman; John C. Haltiwanger | |
| 发表日期 | 2010-08-12 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | This paper is the first to study vacancies, hires, and vacancy yields at the establishment level in the Job Openings and Labor Turnover Survey, a large sample of U.S. employers. To interpret the data, we develop a simple model that identifies the flow of new vacancies and the job-filling rate for vacant positions. The fill rate moves counter to aggregate employment but rises steeply with employer growth rates in the cross section. It falls with employer size, rises with worker turnover rates, and varies by a factor of four across major industry groups. We also develop evidence that the employer-level hiring technology exhibits mild increasing returns in vacancies, and that employers rely heavily on other instruments, in addition to vacancies, as they vary hires. Building from our evidence and a generalized matching function, we construct a new index of recruiting intensity (per vacancy). Recruiting intensity partly explains the recent breakdown in the standard matching function, delivers a better-fitting empirical Beveridge Curve, and accounts for a large share of fluctuations in aggregate hires. Our evidence and analysis provide useful inputs for assessing, developing and calibrating theoretical models of search, matching and hiring in the labor market. |
| 主题 | Microeconomics ; Households and Firms ; Macroeconomics ; Consumption and Investment ; Labor Economics ; Unemployment and Immigration |
| URL | https://www.nber.org/papers/w16265 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/573939 |
| 推荐引用方式 GB/T 7714 | Steven J. Davis,R. Jason Faberman,John C. Haltiwanger. The Establishment-Level Behavior of Vacancies and Hiring. 2010. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16265.pdf（596KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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