Bhuller, Manudeep
[VerfasserIn]
;
Kostol, Andreas
[Sonstige Person, Familie und Körperschaft];
Vigtel, Trond
[Sonstige Person, Familie und Körperschaft]
How Broadband Internet Affects Labor Market Matching
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments December 19, 2019 erstellt
Beschreibung:
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi-experimental variation in internet use. This paper helps fill this gap using plausibly exogenous roll-out of broadband infrastructure in Norway, and comprehensive data on recruiters, vacancies and job seekers. We document that broadband expansions increased online vacancy-postings and lowered the average duration of a vacancy and the share of establishments with unfilled vacancies. These changes led to higher job-finding rates and starting wages and more stable employment relationships after an unemployment-spell. Consequently, our calculations suggest that the steady-state unemployment rate fell by as much as one-fifth