NBER

Damian Osterwalder

University of Zurich
Department of Economics
Schönberggasse 1, Room SOF-E21
Zurich 8001
Switzerland

E-Mail: damian.osterwalder@econ.uzh.ch
Institutional Affiliation: University of Zurich

NBER Working Papers and Publications

October 2018Vacancy Durations and Entry Wages: Evidence from Linked Vacancy-Employer-Employee Data
with Andreas I. Mueller, Josef Zweimüller, Andreas Kettemann: w25118
This paper explores the relationship between the duration of a vacancy and the starting wage of a new job, using linked data on vacancies, the posting establishments and the workers eventually filling the vacancies. The unique combination of large-scale, administrative worker-, establishment- and vacancy-data is critical for separating establishment- and job-level determinants of vacancy duration from worker-level heterogeneity. Conditional on worker observables, we find that vacancy duration is negatively correlated with the starting wage and its establishment component, with precisely estimated elasticities of -0.04 and -0.10, respectively. While the negative relationship is qualitatively consistent with models of wage posting, these elasticities are small, suggesting that firms’ wage po...

National Bureau of Economic Research
1050 Massachusetts Ave.
Cambridge, MA 02138
617-868-3900
info@nber.org

Twitter RSS

View Full Site: One timeAlways