论文标题
紧密牵引牵引的劳动需求
Labor Demand on a Tight Leash
论文作者
论文摘要
我们开发了一个劳动需求模型，该模型涵盖了紧张的劳动力市场而产生的赛前雇用成本。通过模型的镜头，我们通过将新颖的轮班奖工具应用于德国公司的宇宙来研究劳动力市场紧密性对公司劳动力需求的影响。与理论一致，我们发现紧密度的加倍将公司的就业减少了5％。考虑到由此产生的搜索外部性，通过重新分配效应，公司劳动力需求的工资弹性从-0.7降低到-0.5。鉴于我们的结果，赛前招聘费用为年工资支付的40％。
We develop a labor demand model that encompasses pre-match hiring cost arising from tight labor markets. Through the lens of the model, we study the effect of labor market tightness on firms' labor demand by applying novel shift-share instruments to the universe of German firms. In line with theory, we find that a doubling in tightness reduces firms' employment by 5 percent. Taking into account the resulting search externalities, the wage elasticity of firms' labor demand reduces from -0.7 to -0.5 through reallocation effects. In light of our results, pre-match hiring cost amount to 40 percent of annual wage payments.
