Journal article
Vacancy duration and wages
- Abstract:
- We estimate the elasticity of vacancy duration with respect to posted wages, using data from the near-universe of online job adverts in the United Kingdom. Our research design leverages firm-level wage policies that are plausibly exogenous to hiring difficulties on specific job vacancies, and controls for job and marketlevel fixed-effects. Wage policies are defined based on external information on pay settlements, or on sharp, internally-defined, firm-level changes. In our preferred specifications, we estimate duration elasticities in the range −3 to −5, which are substantially larger than the few existing estimates.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
Actions
Access Document
- Files:
-
-
(Preview, Accepted manuscript, pdf, 1.2MB, Terms of use)
-
- Publisher copy:
- 10.1162/rest_a_01580
Authors
+ Economic and Social Research Council
More from this funder
- Funder identifier:
- https://ror.org/03n0ht308
- Grant:
- ES/T014431/1
- Publisher:
- Massachusetts Institute of Technology Press
- Journal:
- Review of Economics and Statistics More from this journal
- Publication date:
- 2025-03-05
- Acceptance date:
- 2024-12-16
- DOI:
- EISSN:
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1530-9142
- ISSN:
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0034-6535
- Language:
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English
- Pubs id:
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2071498
- Local pid:
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pubs:2071498
- Deposit date:
-
2024-12-18
Terms of use
- Copyright date:
- 2025
- Rights statement:
- © 2025 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology
- Notes:
- This is the accepted manuscript version of the article. The final version is available online from Massachusetts Institute of Technology Press at https://dx.doi.org/10.1162/rest_a_01580
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