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| Titre : | Hiring costs and labor market tightness (2018) |
| Auteurs : | Samuel Muehlemann ; Mirjam Strupler Leiser |
| Type de document : | Article : texte imprimé |
| Dans : | Labour economics (vol. 52, June 2018) |
| Article en page(s) : | pp. 122-131 |
| Langues: | Anglais |
| Catégories : |
Thésaurus CEREQ RECRUTEMENT ; ECONOMIE D'ENTREPRISE ; SITUATION DU MARCHE DU TRAVAIL ; SUISSE |
| Résumé : | We provide new empirical evidence on the magnitude and determinants of a firm’s hiring costs when filling a vacancy for skilled workers. In Switzerland, the average hiring costs amount to about 16 weeks of wage payments. The main components of hiring costs are post-match hiring costs, resulting from the initial low productivity and formal training needed for a new hire (53%), and disruption costs, resulting from the informal instruction of a new hire (26%). Pre-match hiring costs (i.e., search costs) account for just 21% of a firm’s hiring costs. Moreover, we find that search costs are positively associated with labor market tightness (i.e., the v/u ratio), both in the cross-section and over time. Our results will help to calibrate the hiring cost parameter in search models. (Source : revue) |
| Document Céreq : | Non |
| En ligne : | https://www.sciencedirect.com/science/article/pii/S092753711630152X |
