Job Search and Hiring with Two-Sided Limited Information about Workseekers' Skills
This paper presents field experimental evidence that limited information about workseekers' skills distorts both firm and workseeker behavior. Assessing workseekers' skills, giving workseekers their assessment results, and helping them to...
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World Bank, Washington, DC
2020
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okr-10986-342762022-09-20T00:10:56Z Job Search and Hiring with Two-Sided Limited Information about Workseekers' Skills Carranza, Eliana Garlick, Robert Orkin, Kate Rankin, Neil AFRICA GENDER POLICY GENDER INNOVATION LAB LABOR MARKET LABOR SKILLS LIMITED INFORMATION EMPLOYMENT WAGES SEARCH STRATEGY ACTIVE LABOR MARKET PROGRAM GENDER WOMEN AND YOUTH EMPLOYMENT This paper presents field experimental evidence that limited information about workseekers' skills distorts both firm and workseeker behavior. Assessing workseekers' skills, giving workseekers their assessment results, and helping them to credibly share the results with firms increases workseekers' employment and earnings. It also aligns their beliefs and search strategies more closely with their skills. Giving assessment results only to workseekers has similar effects on beliefs and search, but smaller effects on employment and earnings. Giving assessment results only to firms increases callbacks. These patterns are consistent with two-sided information frictions, a new finding that can inform the design of information-provision mechanisms. 2020-08-06T13:28:01Z 2020-08-06T13:28:01Z 2020-07 Working Paper http://documents.worldbank.org/curated/en/797911596131488697/Job-Search-and-Hiring-with-Two-Sided-Limited-Information-about-Workseekers-Skills http://hdl.handle.net/10986/34276 English Policy Research Working Paper;No. 9345 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Africa Sub-Saharan Africa South Africa |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
AFRICA GENDER POLICY GENDER INNOVATION LAB LABOR MARKET LABOR SKILLS LIMITED INFORMATION EMPLOYMENT WAGES SEARCH STRATEGY ACTIVE LABOR MARKET PROGRAM GENDER WOMEN AND YOUTH EMPLOYMENT |
spellingShingle |
AFRICA GENDER POLICY GENDER INNOVATION LAB LABOR MARKET LABOR SKILLS LIMITED INFORMATION EMPLOYMENT WAGES SEARCH STRATEGY ACTIVE LABOR MARKET PROGRAM GENDER WOMEN AND YOUTH EMPLOYMENT Carranza, Eliana Garlick, Robert Orkin, Kate Rankin, Neil Job Search and Hiring with Two-Sided Limited Information about Workseekers' Skills |
geographic_facet |
Africa Sub-Saharan Africa South Africa |
relation |
Policy Research Working Paper;No. 9345 |
description |
This paper presents field experimental
evidence that limited information about workseekers'
skills distorts both firm and workseeker behavior. Assessing
workseekers' skills, giving workseekers their
assessment results, and helping them to credibly share the
results with firms increases workseekers' employment
and earnings. It also aligns their beliefs and search
strategies more closely with their skills. Giving assessment
results only to workseekers has similar effects on beliefs
and search, but smaller effects on employment and earnings.
Giving assessment results only to firms increases callbacks.
These patterns are consistent with two-sided information
frictions, a new finding that can inform the design of
information-provision mechanisms. |
format |
Working Paper |
author |
Carranza, Eliana Garlick, Robert Orkin, Kate Rankin, Neil |
author_facet |
Carranza, Eliana Garlick, Robert Orkin, Kate Rankin, Neil |
author_sort |
Carranza, Eliana |
title |
Job Search and Hiring with Two-Sided Limited Information about Workseekers' Skills |
title_short |
Job Search and Hiring with Two-Sided Limited Information about Workseekers' Skills |
title_full |
Job Search and Hiring with Two-Sided Limited Information about Workseekers' Skills |
title_fullStr |
Job Search and Hiring with Two-Sided Limited Information about Workseekers' Skills |
title_full_unstemmed |
Job Search and Hiring with Two-Sided Limited Information about Workseekers' Skills |
title_sort |
job search and hiring with two-sided limited information about workseekers' skills |
publisher |
World Bank, Washington, DC |
publishDate |
2020 |
url |
http://documents.worldbank.org/curated/en/797911596131488697/Job-Search-and-Hiring-with-Two-Sided-Limited-Information-about-Workseekers-Skills http://hdl.handle.net/10986/34276 |
_version_ |
1764480557130973184 |