Dennis Alexis Valin DittrichLabor Demand on a Tight Leash http://d.repec.org/n?u=RePEc:iza:izadps:dp16837&r=lma
"…reports own-wage elasticity of demand for full-time workers of -0.7
…the observed doubling in labor market #tightness between 2012 and 2019 reduced firms’ employment by 5%
…the vacancy-to-job-seeker ratio amplifies hiring frictions: A reduction in labor demand by one firm improves the recruitment opportunities for all other firms in the same market"
#LaborMarkets #externalities
"…reports own-wage elasticity of demand for full-time workers of -0.7
…the observed doubling in labor market #tightness between 2012 and 2019 reduced firms’ employment by 5%
…the vacancy-to-job-seeker ratio amplifies hiring frictions: A reduction in labor demand by one firm improves the recruitment opportunities for all other firms in the same market"
#LaborMarkets #externalities