Deconstructing Job Search Behavior
Abstract
In this paper we empirically investigate job search, specifically how a number of theoretically relevant variables impact behavior in an online setting. We take advantage of an unusually rich proprietary dataset from a Chilean... [ view full abstract ]
In this paper we empirically investigate job search, specifically how a number of theoretically relevant variables impact behavior in an online setting. We take advantage of an unusually rich proprietary dataset from a Chilean job board to document and interpret a number of facts. We focus on how application behavior is influenced by (1) several demographics such as gender, age, and marital status, (2) alignment between applicants wage expectations and job ad wage offers, (3) applicant fit into job ad requirements in terms of education and experience, (4) timing variables, including unemployment duration, job tenure (for on-the-job searchers), and vacancy duration. We relate our results to a variety of theoretical models and discuss how our findings could be used to discipline current (and future) job search models.
Authors
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Stefano Banfi
(Ministerio de Energía)
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Sekyu Choi
(University of Bristol)
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Benjamin Villena
(Universidad de Chile)
Topic Areas
E. Macroeconomics and Monetary Economics: E2.Consumption, Saving, Production, Investment, , J. Labor and Demographic Economics: J2. Demand and Supply of Labor , J. Labor and Demographic Economics: J6. Mobility, Unemployment, Vacancies, and Immigrant W
Session
CS5-15 » Labor 8 (14:00 - Saturday, 11th November, Room 15)
Paper
OLjobsearch_BCV_MAR2017.pdf
Presentation Files
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