Können offene Stellen als Vorlaufindikator für Neueinstellungen dienen? : Ergebnisse aus der IAB-Erhebung des gesamtwirtschaftlichen Stellenangebots
"In economic research, empirical evidence has been missing on the question whether vacancies can be seen as a forward indicator for employment. Discussing current trends in vacancies, this is often assumed: An increase in the number of job vacancies gets linked to good prospects for employment. What has been missing is empirical evidence that is grounded on representative data for an economy as a whole. Based on data from the German Job Vacancy Survey, we shed some light on the relationship between job vacancies and hires. For the first time this is explored with data on job vacancies in Germany that is representative for the economy as a whole. We estimate a dynamic linear panel model taking into account the time series structure of the data. The analyses show a significant and positive relationship between immediately to be filled vacancies and new hires. The latter were drawn from the statistics of the German Federal Employment Agency. The effect is strongest with a time-lag of two quarters. Including marginal, small-scale employment (geringfügige Beschäftigung) into our estimation we also found a positive and significant effect of vacancies on hirings in the same quarter. The findings presented herein will be the starting point for our further research on the role of job vacancies in the labor market." (Author's abstract, IAB-Doku) ((en))
|Date of creation:||05 Mar 2012|
|Date of revision:|
|Contact details of provider:|| Postal: Regensburger Str. 104, D-90327 Nürnberg|
Web page: http://www.iab.de/
More information through EDIRC
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.:
- Holtz-Eakin, Douglas & Newey, Whitney & Rosen, Harvey S, 1988.
"Estimating Vector Autoregressions with Panel Data,"
Econometric Society, vol. 56(6), pages 1371-95, November.
- Tom Doan, . "RATS program to demonstrate IV estimation of VAR in panel data," Statistical Software Components RTZ00185, Boston College Department of Economics.
- Gross, D.M., 1991.
"Equilibrium Vacancy and Unemployment: A Flow Approach to the Beveridge Curve,"
dp91-02, Department of Economics, Simon Fraser University.
- Gross, Dominique M., 1993. "Equilibrium vacancy and unemployment: A flow approach to the beveridge curve," Journal of Macroeconomics, Elsevier, vol. 15(2), pages 301-327.
- Olivier Blanchard, 2005.
"European Unemployment: The Evolution of Facts and Ideas,"
NBER Working Papers
11750, National Bureau of Economic Research, Inc.
- Olivier Blanchard, 2006. "European unemployment: the evolution of facts and ideas," Economic Policy, CEPR;CES;MSH, vol. 21(45), pages 5-59, 01.
- Barbara Petrongolo & Christopher Pissarides, 2000.
"Looking into the black box: a survey of the matching function,"
LSE Research Online Documents on Economics
2122, London School of Economics and Political Science, LSE Library.
- Christopher A. Pissarides & Barbara Petrongolo, 2001. "Looking into the Black Box: A Survey of the Matching Function," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 390-431, June.
- Petrongolo, Barbara & Pissarides, Christopher, 2000. "Looking Into The Black Box: A Survey Of The Matching Function," CEPR Discussion Papers 2409, C.E.P.R. Discussion Papers.
- Barbara Petrongolo & Christopher A. Pissarides, 2000. "Looking Into the Black Box: A Survey of the Matching Function," CEP Discussion Papers dp0470, Centre for Economic Performance, LSE.
- Katharine G. Abraham, 1987. "Help-Wanted Advertising, Job Vacancies, and Unemployment," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 18(1), pages 207-248.
- Gorter, Cees & Hassink, Wolter H. J. & Russo, Giovanni, 2003. "The structure of hiring and labour market tightness," Economics Letters, Elsevier, vol. 80(1), pages 99-103, July.
- Dale T. Mortensen & Christopher A. Pissarides, 1993.
"Job Creation and Job Destruction in the Theory of Unemployment,"
CEP Discussion Papers
dp0110, Centre for Economic Performance, LSE.
- Mortensen, Dale & Pissarides, Christopher, 2011. "Job Creation and Job Destruction in the Theory of Unemployment," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 19 pages.
- Dale T. Mortensen & Christopher A. Pissarides, 1994. "Job Creation and Job Destruction in the Theory of Unemployment," Review of Economic Studies, Oxford University Press, vol. 61(3), pages 397-415.
- Manuel Arellano & Stephen Bond, 1991.
"Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations,"
Review of Economic Studies,
Oxford University Press, vol. 58(2), pages 277-297.
- Tom Doan, . "RATS program to replicate Arellano-Bond 1991 dynamic panel," Statistical Software Components RTZ00169, Boston College Department of Economics.
- Steven J. Davis & R. Jason Faberman & John C. Haltiwanger, 2013.
"The Establishment-Level Behavior of Vacancies and Hiring,"
The Quarterly Journal of Economics,
Oxford University Press, vol. 128(2), pages 581-622.
- Steven J. Davis & R. Jason Faberman & John Haltiwanger, 2009. "The establishment-level behavior of vacancies and hiring," Working Papers 09-14, Federal Reserve Bank of Philadelphia.
- Steven J. Davis & R. Jason Faberman & John C. Haltiwanger, 2010. "The Establishment-Level Behavior of Vacancies and Hiring," NBER Working Papers 16265, National Bureau of Economic Research, Inc.
- Lippman, Steven A & McCall, John J, 1976. "The Economics of Job Search: A Survey," Economic Inquiry, Western Economic Association International, vol. 14(3), pages 347-68, September.
- Oliver Jean Blanchard & Peter Diamond, 1989. "The Beveridge Curve," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 20(1), pages 1-76.
- Mortensen, Dale T., 1994. "The cyclical behavior of job and worker flows," Journal of Economic Dynamics and Control, Elsevier, vol. 18(6), pages 1121-1142, November.
- Andrea Weber, 2000.
"Vacancy durations - a model for employer's search,"
Taylor & Francis Journals, vol. 32(8), pages 1069-1075.
- Judson, Ruth A. & Owen, Ann L., 1999. "Estimating dynamic panel data models: a guide for macroeconomists," Economics Letters, Elsevier, vol. 65(1), pages 9-15, October.
- Pissarides, C A, 1979. "Job Matchings with State Employment Agencies and Random Search," Economic Journal, Royal Economic Society, vol. 89(356), pages 818-33, December.
When requesting a correction, please mention this item's handle: RePEc:iab:iabfob:201204. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (IAB, Geschäftsbereich Dokumentation und Bibliothek)
If references are entirely missing, you can add them using this form.