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Job Search and Hiring with Two-Sided Limited Information about Workseekers' Skills / Eliana Carranza.
World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online
View online- Format:
- Book
- Government document
- Author/Creator:
- Carranza, Eliana.
- Series:
- Policy research working papers.
- World Bank e-Library.
- Language:
- English
- Subjects (All):
- Active Labor Market Program.
- Africa Gender Policy.
- Employment.
- Employment and Unemployment.
- Gender.
- Gender and Development.
- Gender and Economics.
- Gender and Rural Development.
- Gender Innovation Lab.
- Labor Market.
- Labor Markets.
- Labor Skills.
- Limited Information.
- Search Strategy.
- Social Protections and Labor.
- Wages.
- Wages, Compensation and Benefits.
- Local Subjects:
- Active Labor Market Program.
- Africa Gender Policy.
- Employment.
- Employment and Unemployment.
- Gender.
- Gender and Development.
- Gender and Economics.
- Gender and Rural Development.
- Gender Innovation Lab.
- Labor Market.
- Labor Markets.
- Labor Skills.
- Limited Information.
- Search Strategy.
- Social Protections and Labor.
- Wages.
- Wages, Compensation and Benefits.
- Physical Description:
- 1 online resource (73 pages)
- Place of Publication:
- Washington, D.C. : The World Bank, 2020.
- System Details:
- data file
- Summary:
- This paper presents field experimental evidence that limited information about workseekers' skills distorts both firm and workseeker behavior. Assessing workseekers' skills, giving workseekers their assessment results, and helping them to credibly share the results with firms increases workseekers' employment and earnings. It also aligns their beliefs and search strategies more closely with their skills. Giving assessment results only to workseekers has similar effects on beliefs and search, but smaller effects on employment and earnings. Giving assessment results only to firms increases callbacks. These patterns are consistent with two-sided information frictions, a new finding that can inform the design of information-provision mechanisms.
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