NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Andreas Kettemann

Department of Economics, University of Zurich
Schoenberggasse 1
8001 Zurich
Switzerland

E-Mail: andreas.kettemann@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 Zweim├╝ller: w25118
This paper explores the relationship between the duration of a vacancy and the starting wage of a new job, using unusually informative data comprising detailed information on vacancies, the establishments posting the vacancies and the workers eventually filling the vacancies. We find that vacancy durations are negatively correlated with the starting wage and that this negative association is particularly strong with the establishment component of the starting wage. We also confirm previous findings that growing establishments fill their vacancies faster. To understand the relationship between establishment growth, vacancy filling and entry wages, we calibrate a model with directed search and ex-ante heterogeneous workers and firms. We find a strong tension between matching the sharp increa...
 
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