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DTSTART:20170326T010000
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DTSTART;TZID=Europe/Paris:20171107T121500
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DTSTAMP:20260715T073125
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LAST-MODIFIED:20241104T133505Z
UID:11959-1510056900-1510060500@crest.science
SUMMARY:Daphné Skandalis (CREST) - Breaking News: Information About Firms’ Hiring Needs Affects the Direction of Job Search
DESCRIPTION:\nThe Microeconometrics Seminar: Every Tuesday at 12:15 pm.\nTime: 12:15 pm – 1:15 pm\nDate: 7th of November 2017\nPlace: Room 3001.\nDaphné Skandalis (CREST) – Breaking News: Information About Firms’ Hiring Needs Affects the Direction of Job Search \nAbstract: \nRecent evidence suggests that posted job vacancies provide a poor signal of firms’ hiring needs. For job seekers\, this translates into uncertainty about their probability of being hired when they apply to a vacancy. In this paper\, I study how job seekers react when media outlets cover the expansion of a specific plant and thereby provide information about the hiring needs of the plant. I use new data about online job applications matched with administrative micro data about job seekers and firms’ vacancies and hires in France during 2014-2016. My empirical strategy exploits the quasi-random timing of media news in the short run. I estimate the impact of news on the applications sent to mentioned plants and the subsequent hiring in a differences- in-differences. I find that news coverage of the expansion of a plant increases its number of applicants by 60% in the following month. Job seekers who apply in reaction to the coverage have a good match quality and live further away than usual applicants. The average distance between applicants’ residence and plants’ location therefore increases by 27%–corresponding to 20km. Plants benefit from the diffusion of information as they hire a sizeable share of their additional applicants. Job seekers use the information to direct their search towards plants which have a relatively high hiring rate. But I also find evidence for displacement effects among job seekers. The inflow of applicants from further away decreases the hiring rate of local job seekers. Overall\, these results suggest that low-cost interventions providing information about hiring needs could both improve the matching process and increase geographical mobility.\n \n\nOrganizers:\nLaurent Davezies (CREST – ENSAE Paristech)\,  Arne Uhlendorff (CREST – ENSAE Paristech) & Yannick Guyonvarch (CREST – ENSAE ParisTech)\nSponsors:\nCREST\nLunch registration:\nfood provided\, no registration\n\n
URL:https://crest.science/event/daphne-skandalis-crest-tba/
CATEGORIES:Applied Seminar,Economics,Microeconometrics,Seminars
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