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Decomposing Recruitment Elasticity in Job Matching

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  • Kambayashi, Ryo
  • Kawaguchi, Kohei
  • Otani, Suguru

Abstract

This study estimates and decomposes recruitment elasticity, a key measure of employer market power, across job-matching stages using data from Japan's largest job-matching intermediary. On average, recruitment elasticity is negative but not statistically significantly different from zero. However, this masks heterogeneity across stages. The negative elasticity arises from lower-wage workers avoiding higher-wage vacancies during inquiry. Posted wages positively influence application, interview attendance, and offer acceptance decisions, with elasticity decreasing in that order. Other important patterns are also examined.

Suggested Citation

  • Kambayashi, Ryo & Kawaguchi, Kohei & Otani, Suguru, 2024. "Decomposing Recruitment Elasticity in Job Matching," SocArXiv wavdn_v1, Center for Open Science.
  • Handle: RePEc:osf:socarx:wavdn_v1
    DOI: 10.31219/osf.io/wavdn_v1
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