Jobs and Matches: Quits, Replacement Hiring, and Vacancy Chains and Vacancy Chains

Mercan, Yusuf; Schoefer, Benjamin

doi:10.1257/aeri.20190023

Cited by 18 publications

(14 citation statements)

References 33 publications

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“…25 Mercan and Schoefer (2020) show that quits trigger vacancies. These vacancies generate other vacancies through replacement hiring -the so-called vacancy chain.…”

Section: Hiring Margins and Worker Churnmentioning

confidence: 99%

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Recruiting intensity and hiring practices: Cross-sectional and time-series evidence

Lochner

Merkl

Stüber³

et al. 2021

Labour Economics

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Using the German IAB Job Vacancy Survey, we look into the black box of recruiting intensity and hiring practices from the employers' perspective. Our paper evaluates three important channels for hiring -namely vacancy posting, the selectivity of hiring (labor selection), and the number of search channels-through the lens of an undirected search model. Vacancy posting and labor selection show a U-shape over the employment growth distribution.The number of search channels is also upward sloping for growing establishments, but relatively flat for shrinking establishments. We argue that growing establishments react to positive establishment-specific productivity shocks by using all three channels more actively. Furthermore, we connect the fact that shrinking establishments post more vacancies and are less selective than those with a constant workforce to churn triggered by employmentto-employment transitions. In line with our theoretical framework, all three hiring margins are procyclical over the business cycle.

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“…25 Mercan and Schoefer (2020) show that quits trigger vacancies. These vacancies generate other vacancies through replacement hiring -the so-called vacancy chain.…”

Section: Hiring Margins and Worker Churnmentioning

confidence: 99%

“…Using the JVS,Mercan and Schoefer (2020) show that replacement hiring is a significant share among all hiring in Germany.…”

mentioning

confidence: 99%

Recruiting intensity and hiring practices: Cross-sectional and time-series evidence

Lochner

Merkl

Stüber³

et al. 2021

Labour Economics

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“…Yet in Jäger et al (2018), we document that in Austria, wages of stayers are insensitive to UI-induced boosts in workers' outside option, even for older workers such as our sample here, and during the 1980s. We also do not focus on potential labor market spillovers through replacement hiring (Jäger, 2016;Mercan and Schoefer, 2018) or through search externalities (Lalive et al, 2011).…”

Section: Classifying Rebp Separations: Survey and Administrative Datamentioning

confidence: 99%

Marginal Jobs and Job Surplus: A Test of the Efficiency of Separations

2018

Self Cite

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provided excellent research assistance. Jäger and Schoefer acknowledge financial support from the Boston Retirement Research Center, the National Science Foundation, and the Sloan Foundation. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peerreviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications.

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“…Next to using individual-level data, the authors use the IAB JVS to structurally estimate their model and to simulate a variety of policy changes. Mercan and Schoefer (2020) incorporate the role of and replacement hiring into a search and matching model that distinguishes between short-lived workerfirm matches and longer-lived jobs that persist even after a given match dissolves. In their model, job resignations quits trigger vacancies, which in turn create further vacancies through replacement hiring.…”

Section: Research On Employers' Search and Recruitment Processesmentioning

confidence: 99%

The IAB Job Vacancy Survey: design and research potential

Bossler

Gürtzgen

Kubis

et al. 2020

J Labour Market Res

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This article provides an overview of the IAB Job Vacancy Survey and its research potential. The IAB Job Vacancy Survey is a quarterly establishment survey covering the (un-)satisfied labor demand in Germany. This survey identifies the entire number of vacancies on the German labor market, including those vacancies that are not reported to the Federal Employment Agency. The main questionnaire obtains information about the number and structure of vacancies, future labor demand, the current economic situation and the expected development of participating establishments. In addition, the questionnaire collects information about the last new hiring and the last case of a failed recruitment process. Finally, the questionnaire enquires about employer attitudes and firms’ use of current labor market instruments. The Research Data Centre of the German Federal Employment Agency offers access to the data starting from the survey waves 2000 onwards.

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Jobs and Matches: Quits, Replacement Hiring, and Vacancy Chains and Vacancy Chains

Cited by 18 publications

References 33 publications

Recruiting intensity and hiring practices: Cross-sectional and time-series evidence

Recruiting intensity and hiring practices: Cross-sectional and time-series evidence

Marginal Jobs and Job Surplus: A Test of the Efficiency of Separations

The IAB Job Vacancy Survey: design and research potential

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