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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Main Authors: Carranza, Eliana, Garlick, Robert, Orkin, Kate, Rankin, Neil
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access: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
id okr-10986-34276
recordtype oai_dc
spelling 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
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