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The Impact of Pay Transparency in Job Postings on the Labor Market / David Arnold, Simon Quach, Bledi Taska.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Arnold, David.
Contributor:
Quach, Simon.
Taska, Bledi.
National Bureau of Economic Research.
Series:
Working Paper Series (National Bureau of Economic Research) no. w34480.
NBER working paper series no. w34480
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2025.
Summary:
This paper studies the labor market effects of recent state-level policies that require employers to disclose salary information in job postings. Leveraging a difference-in-differences design, we show that employers increased the fraction of postings with salary information by 30 percentage points. Across three datasets, we find consistent evidence of an increase in wages of 1.3-3.6%. We find no impacts on pay dispersion, employment, the number of postings, or skill and education requirements. Our evidence is consistent with pay transparency increasing competition in the labor market, leading to positive spillovers on incumbent workers and always-posting firms.
Notes:
November 2025.
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