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Search, Hiring Strategies, and Labor Market Intermediaries

Author

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  • Bull, Clive
  • Ornati, Oscar
  • Tedeschi, Piero

Abstract

Labor-market intermediaries play an important role in turnover in many labor markets. This paper analyzes one class of such intermediaries, namely, search firms. The authors first model the hiring decision of the firm in both succession and replacement planning. They show that employers will, in equilibrium, use search firms to find new hires even where the search firms have no technological advantage in search. This can be interpreted as being due to the search firms' ability to diversify away sampling risk. Copyright 1987 by University of Chicago Press.

Suggested Citation

  • Bull, Clive & Ornati, Oscar & Tedeschi, Piero, 1987. "Search, Hiring Strategies, and Labor Market Intermediaries," Journal of Labor Economics, University of Chicago Press, vol. 5(4), pages 1-17, October.
    • Handle: RePEc:ucp:jlabec:v:5:y:1987:i:4:p:s1-17
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    Cited by:

    1. Oyer, Paul & Schaefer, Scott, 2011. "Personnel Economics: Hiring and Incentives," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 20, pages 1769-1823, Elsevier.
    2. Michael Beckmann & Julia Deimel & Bernd Schauenberg, 2004. "Vermittlungsgutscheine als neues Instrument der Arbeitsmarktpolitik: eine erste Analyse," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 5(2), pages 127-137, May.
    3. Michele Pellizzari, 2010. "Do Friends and Relatives Really Help in Getting a Good Job?," ILR Review, Cornell University, ILR School, vol. 63(3), pages 494-510, April.
    4. Sabatier, Mareva, 2002. "Modes de recherche d’emploi et durée de chômage des jeunes : applications microéconométriques au Panel Téléphonique du CEREQ," L'Actualité Economique, Société Canadienne de Science Economique, vol. 78(1), pages 41-66, Mars.
    5. Matthew Bidwell & Isabel Fernandez-Mateo, 2010. "Relationship Duration and Returns to Brokerage in the Staffing Sector," Organization Science, INFORMS, vol. 21(6), pages 1141-1158, December.
    6. Michele Mosca & Francesco Pastore, 2009. "Wage Effects of Recruitment Methods: The Case of the Italian Social Service Sector," AIEL Series in Labour Economics, in: Marco Musella & Sergio Destefanis (ed.), Paid and Unpaid Labour in the Social Economy, chapter 0, pages 115-141, Springer.
    7. Frijters, Paul, 2000. "The sale of relational capital through tenure profiles and tournaments," Labour Economics, Elsevier, vol. 7(4), pages 373-384, July.
    8. Sengul, Gonul, 2017. "Learning about match quality: Information flows and labor market outcomes," Labour Economics, Elsevier, vol. 46(C), pages 118-130.
    9. Mareva Sabatier, 2002. "Modes de Recherche d'Emploi et Durée de Chômage des Jeunes : Applications Econométriques au "Panel Téléphonique" du CEREQ," Post-Print hal-00825998, HAL.
    10. Christian Grund, 2006. "Selektionseffekte und Vermittlungserfolge privater Arbeitsvermittlung," Schmalenbach Journal of Business Research, Springer, vol. 58(2), pages 212-234, March.
    11. Sabatier, Mareva, 2002. "Strategies D'Insertion Et Duree D'Acces Au Premier Emploi [Job search strategies and unemployment duration before the first job]," MPRA Paper 10500, University Library of Munich, Germany.
    12. Daunfeldt, Sven-Olov & Engberg, Erik & Halvarsson, Daniel & Kokko, Ari & Tingvall, Patrik, 2019. "Wholesale firms: A catalyst for Swedish exports?," Ratio Working Papers 328, The Ratio Institute.

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