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Job Vacancy Rates in the Firm: An Empirical Analysis

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Author Info
Holzer, Harry J

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Abstract

This paper presents some evidence on the magnitudes and determinants of job vacancy rates in U.S. firms based on data from a survey in 1980 and 1982. The results show low overall vacancy rates but substantial variation across firms, occupations, industries, and local areas. Local unemployment, unionization, and employer size have negative effects on vacancy rates, while turnover and sales growth have positive effects. The results are generally consistent with the predictions of job-matching models. Copyright 1994 by The London School of Economics and Political Science.

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Publisher Info
Article provided by London School of Economics and Political Science in its journal Economica.

Volume (Year): 61 (1994)
Issue (Month): 241 (February)
Pages: 17-36
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Handle: RePEc:bla:econom:v:61:y:1994:i:241:p:17-36

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. McKinley L. Blackburn & David E. Bloom & Richard B. Freeman, 1989. "The Declining Economic Position of Less-Skilled American Males," NBER Working Papers 3186, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Harry J. Holzer, 1990. "Wages, Employer Costs, and Employee Performance in the Firm," NBER Working Papers 2830, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  3. Holzer, Harry J & Katz, Lawrence F & Krueger, Alan B, 1991. "Job Queues and Wages," The Quarterly Journal of Economics, MIT Press, vol. 106(3), pages 739-68, August. [Downloadable!] (restricted)
  4. Albrecht, James W & Axell, Bo, 1984. "An Equilibrium Model of Search Unemployment," Journal of Political Economy, University of Chicago Press, vol. 92(5), pages 824-40, October. [Downloadable!] (restricted)
    Other versions:
  5. Barron, John M & Bishop, John & Dunkelberg, William C, 1985. "Employer Search: The Interviewing and Hiring of New Employees," The Review of Economics and Statistics, MIT Press, vol. 67(1), pages 43-52, February. [Downloadable!] (restricted)
  6. Harry J. Holzer, 1988. "Structural/Frictional and Demand-Deficient Unemployment in Local Labor Markets," NBER Working Papers 2652, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  7. Cragg, John G, 1971. "Some Statistical Models for Limited Dependent Variables with Application to the Demand for Durable Goods," Econometrica, Econometric Society, vol. 39(5), pages 829-44, September. [Downloadable!] (restricted)
  8. Sattinger, Michael, 1990. "Unemployment, the Market for Interviews, and Wage Employment," Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 356-71, April. [Downloadable!] (restricted)
  9. repec:fth:coluec:452 is not listed on IDEAS
  10. Hosios, Arthur J, 1990. "Factor Market Search and the Structure of Simple General Equilibrium Models," Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 325-55, April. [Downloadable!] (restricted)
  11. Hansen, Bent, 1970. "Excess Demand, Unemployment, Vacancies, and Wages," The Quarterly Journal of Economics, MIT Press, vol. 84(1), pages 1-23, February. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. H. J. Holzer, . "Employer Demand for Welfare Recipients and the Business Cycle: Evidence from Recent Employer Surveys," Institute for Research on Poverty Discussion Papers 1185-99, University of Wisconsin Institute for Research on Poverty. [Downloadable!]
    Other versions:
  2. Harry J. Holzer & Michael A. Stoll, 2000. "Employer Demand for Welfare Recipients By Race," JCPR Working Papers 197, Northwestern University/University of Chicago Joint Center for Poverty Research.
    Other versions:
  3. Michele Pellizzari, 2005. "Employers' Search and the Efficiency of Matching," IZA Discussion Papers 1862, Institute for the Study of Labor (IZA). [Downloadable!]
  4. Alan Manning, 1999. "Pretty Vacant: Recruitment in Low Wage Labour Markets," CEP Discussion Papers dp0418, Centre for Economic Performance, LSE. [Downloadable!]
    Other versions:
  5. Morissette, René & Zhang, Xuelin, 2001. "Which Firms Have High Job Vacancy Rates in Canada?," Analytical Studies Branch Research Paper Series 2001176e, Statistics Canada, Analytical Studies Branch. [Downloadable!]
  6. Broersma, L., 1996. "Are large firms more efficient in matching jobs to job searchers than small firms?," Serie Research Memoranda 0010, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics. [Downloadable!]
  7. R. Jason Faberman, 2005. "Studying the Labor Market with the Job Openings and Labor Turnover Survey," Working Papers 388, U.S. Bureau of Labor Statistics. [Downloadable!]
  8. Uschi Backes-Gellner & Simone Tuor, 2007. "Avoiding Labor Shortages by Employer Signaling - On the Importance of Good Work Climate and Labor Relations," Economics of Education Working Paper Series 0010, University of Zurich, Institute for Strategy and Business Economics (ISU). [Downloadable!]
    Other versions:
  9. Uschi Backes-Gellner, 2004. "Personnel Economics: An Economic Approach to Human Resources Management," Working Papers 0050, University of Zurich, Institute for Strategy and Business Economics (ISU), revised Apr 2004. [Downloadable!]
    Other versions:
  10. H. J. Holzer, . "Why do small establishments hire fewer blacks than large ones," Institute for Research on Poverty Discussion Papers 1119-97, University of Wisconsin Institute for Research on Poverty. [Downloadable!]
  11. Noritaka Kudoh & Masaru Sasaki, 2007. "Employment and Hours of Work," Discussion Papers in Economics and Business 07-35, Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP). [Downloadable!]
    Other versions:
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