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Vacancy Durations and Entry Wages: Evidence from Linked Vacancy-Employer-Employee Data / Andreas I. Mueller, Damian Osterwalder, Josef Zweimüller, Andreas Kettemann.
- Format:
- Book
- Author/Creator:
- Mueller, Andreas I.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w25118.
- NBER working paper series no. w25118
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Vacancy Durations and Entry Wages
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2018.
- Summary:
- This paper explores the relationship between the duration of a vacancy and the starting wage of a new job, using linked data on vacancies, the posting establishments and the workers eventually filling the vacancies. The unique combination of large-scale, administrative worker-, establishment- and vacancy-data is critical for separating establishment- and job-level determinants of vacancy duration from worker-level heterogeneity. Conditional on worker observables, we find that vacancy duration is negatively correlated with the starting wage and its establishment component, with precisely estimated elasticities of -0.04 and -0.10, respectively. While the negative relationship is qualitatively consistent with models of wage posting, these elasticities are small, suggesting that firms' wage policies can account only for a small fraction of the variation in vacancy filling across establishments.
- Notes:
- Print version record
- October 2018.
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