aikyam school

Tag

directed_search

3 findings

Labour & employmentConstant Returns to Marginal Job Search EffortMarginal applications induced by treatment yielded a 5.87% interview probability (95% CI [4.9%, 6.9%]), which is statistically indistinguishable from the 6.29% interview probability for inframarginal control applications (p = 0.647).RCTLabour & employmentDual Coordination Frictions in Application-Based MatchingWhile higher search effort per worker resolves the first friction (reducing empty vacancies), it exacerbates the second friction (increasing double-job offers and candidate loss), causing aggregate matching efficiency to flatten and diminish beyond optimal application thresholds.Expert TheoryLabour & employmentPartially Directed Search under Behavioral FrictionJobseekers apply to higher-salary jobs at higher rates, but control jobseekers apply to under 0.1% of top-salary quintile matches. Marginal applications induced by phone call initiation match the distribution of inframarginal applications across salary quintiles (p = 0.739), whereas forcing random search via vacancy ordering yields sharply lower interview returns (2.4% vs 6.3%, p = 0.077).RCT

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