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Vacancy Durations - A Model for Employer's Search

Author

Listed:
  • Weber, Andrea

    (Department of Economics, Institute for Advanced Studies, Vienna)

Abstract

This paper investigates a Dutch data set on vacancy durations and numbers of applicants to inquire employer's search strategies. A non-sequential search process assumes that most vacancies are filled from a pool of applicants, which is formed shortly after the posting of the vacancy. The time spent on recruiting applicants and the duration of the selection process are estimated with a proportional hazard model, via the arrival - and attrition rates of applicants.

Suggested Citation

  • Weber, Andrea, 1997. "Vacancy Durations - A Model for Employer's Search," Economics Series 41, Institute for Advanced Studies.
  • Handle: RePEc:ihs:ihsesp:41
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    File URL: https://irihs.ihs.ac.at/id/eprint/959
    File Function: First version, 1997
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    Cited by:

    1. John Adams & Malcolm Greig & Ronald W. McQuaid, 2002. "Mismatch in Local Labour Markets in Central Scotland: The Neglected Role of Demand," Urban Studies, Urban Studies Journal Limited, vol. 39(8), pages 1399-1416, July.
    2. Cacciatore, Matteo & Duval, Romain & Fiori, Giuseppe & Ghironi, Fabio, 2016. "Short-term pain for long-term gain: Market deregulation and monetary policy in small open economies," Journal of International Money and Finance, Elsevier, vol. 68(C), pages 358-385.
    3. Matteo Cacciatore & Romain Duval & Giuseppe Fiori & Fabio Ghironi, 2021. "Market Reforms at the Zero Lower Bound," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 53(4), pages 745-777, June.
    4. Christoffel, Kai & Kuester, Keith & Linzert, Tobias, 2009. "The role of labor markets for euro area monetary policy," European Economic Review, Elsevier, vol. 53(8), pages 908-936, November.
    5. Cacciatore, Matteo & Duval, Romain & Furceri, Davide & Zdzienicka, Aleksandra, 2021. "Fiscal multipliers and job-protection regulation," European Economic Review, Elsevier, vol. 132(C).
    6. Cacciatore, Matteo & Ghironi, Fabio, 2021. "Trade, unemployment, and monetary policy," Journal of International Economics, Elsevier, vol. 132(C).
    7. Bemjamin Villena-Roldan, 2009. "Aggregate Implications of Employer Search and Recruiting Selection," 2009 Meeting Papers 97, Society for Economic Dynamics.
    8. Cacciatore, Matteo & Duval, Romain & Fiori, Giuseppe & Ghironi, Fabio, 2016. "Market reforms in the time of imbalance," Journal of Economic Dynamics and Control, Elsevier, vol. 72(C), pages 69-93.
    9. Timo Bettendorf & Miguel A. León‐Ledesma, 2019. "German Wage Moderation and European Imbalances: Feeding the Global VAR with Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 51(2-3), pages 617-653, March.
    10. Wilhelm, Stefan, 2023. "Efficiency of short-time work schemes and the role of monetary policy," Journal of Macroeconomics, Elsevier, vol. 78(C).
    11. Campolmi, Alessia & Faia, Ester, 2011. "Labor market institutions and inflation volatility in the euro area," Journal of Economic Dynamics and Control, Elsevier, vol. 35(5), pages 793-812, May.
    12. Bleninger, Philipp & Kettner, Anja & Pausch, Stephanie & Szameitat, Jörg, 2012. "Können offene Stellen als Vorlaufindikator für Neueinstellungen dienen? : Ergebnisse aus der IAB-Erhebung des gesamtwirtschaftlichen Stellenangebots," IAB-Forschungsbericht 201204, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    13. Matteo Cacciatore & Giuseppe Fiori, 2016. "The Macroeconomic Effects of Goods and Labor Marlet Deregulation," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 20, pages 1-24, April.
    14. Cacciatore, Matteo & Fiori, Giuseppe & Ghironi, Fabio, 2016. "Market deregulation and optimal monetary policy in a monetary union," Journal of International Economics, Elsevier, vol. 99(C), pages 120-137.

    More about this item

    Keywords

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    JEL classification:

    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers

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