How Broadband Internet Affects Labor Market Matching

How Broadband Internet Affects Labor Market Matching
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ISBN-10 : OCLC:1176191050
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Book Synopsis How Broadband Internet Affects Labor Market Matching by : Manudeep Bhuller

Download or read book How Broadband Internet Affects Labor Market Matching written by Manudeep Bhuller and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

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