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来源类型Working Paper
规范类型报告
DOI10.3386/w22508
来源IDWorking Paper 22508
Opening the Black Box of the Matching Function: the Power of Words
Ioana Marinescu; Ronald Wolthoff
发表日期2016-08-15
出版年2016
语种英语
摘要How do employers attract the right workers? How important are posted wages vs. other job characteristics? Using data from the leading job board CareerBuilder.com, we show that most vacancies do not post wages, and, for those that do, job titles explain more than 90% of the wage variance. Job titles also explain more than 80% of the across-vacancies variance in the education and experience of applicants. Finally, failing to control for job titles leads to a spurious negative elasticity of labor supply. Thus, our results uncover the previously undocumented power of words in the job matching process.
主题Labor Economics ; Labor Compensation ; Unemployment and Immigration
URLhttps://www.nber.org/papers/w22508
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/580181
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GB/T 7714
Ioana Marinescu,Ronald Wolthoff. Opening the Black Box of the Matching Function: the Power of Words. 2016.
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