In recent years, research opportunities in labour economics have expanded, due to the availability of large datasets capturing online job vacancies. While not a replacement for well-established labour market surveys, online job vacancy data have several advantages. They contain information that...

Der deutsche Arbeitsmarkt zeigt sich trotz wirtschaftlicher Schwäche und der wiederkehrenden Bezeichnung von Deutschland als "krankem Mann Europas" überraschend robust. Die Beschäftigungsquote liegt mit 77,4 Prozent weiterhin auf einem hohen Niveau, doch die Zahl der offenen Stellen ist seit...

Using a unique combination of Austrian administrative data, we show that start-ups' search and hiring decisions matter for their business success. Firms that report vacancies to the Public Employment Service in the early stage of their existence stay longer in the market and grow stronger....

Despite their importance for the success of firms, the job prospects of the unemployed and overall unemployment, the factors that determine firms' decisions to report vacancies to the Public Employment Service and to hire the unemployed are largely unexplored. We address this research gap by...

Central banks conduct monetary policy to achieve price stability, but decisions also have effects on labor-market outcomes. In this paper, we identify exogenous monetary shocks with the 'interest rate surprise' approach based on high-frequency changes in forward-looking interest rates and use...

Der deutsche Arbeitsmarkt zeigt sich trotz wirtschaftlicher Schwäche und der wiederkehrenden Bezeichnung von Deutschland als "krankem Mann Europas" überraschend robust. Die Beschäftigungsquote liegt mit 77,4 Prozent weiterhin auf einem hohen Niveau, doch die Zahl der offenen Stellen ist seit...

In recent years, research opportunities in labour economics have expanded, due to the availability of large datasets capturing online job vacancies. While not a replacement for well-established labour market surveys, online job vacancy data have several advantages. They contain information that...

We exploit a spatial discontinuity in the wages paid by the United Kingdom's National Health Service to examine how wages affect the duration of time a vacancy is advertised. NHS workers in inner London are mandated by law to be paid an extra 4.3% more than those who work in outer London. We use...