Objective
Our project proposes to provide new empirical evidence on the search strategies of both job seekers and of recruiters in the labor market. This evidence will enhance our understanding of the information asymmetries at the root of search frictions.
We will leverage the extraordinary opportunities offered by online job boards, which record search activities in details. We will match for the first time these data with administrative data from unemployment-employment registers. This will enable us to jointly observe search activity and core economic outcomes (wage, job duration) on very large samples.
We will design randomized controlled trials, where we recommend new matches to both job seekers and recruiters. This will test for the extent of geographical and skill mismatch in the labor market. We will further test the assumptions of directed search models by displaying to job seekers the real-time length of the queue in front of vacancies. Finally, we will use new item-to-item collaborative filtering algorithms (amazon-type recommendations) to quantify the social value of the private information that job seekers gather when they screen vacancies.
Using quasi-experimental research designs, we will provide the first precise estimates of the direct and cross effects of search subsidies - unemployment insurance and reduction in vacancy advertising costs - on the search strategies of both sides of the market. We will then test the empirical relevance of behavioral mechanisms, such as reference-dependence or over-optimism.
We expect our direct empirical evidence on search strategies to trigger new developments in search theories. Our results will guide policy-makers who design job boards and search subsidies to both recruiters and job seekers. We hope that the social impact of our research will be to reduce frictional unemployment and to increase the productivity of workers through a reduction of mismatch in the labor market.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business economics production economics productivity
- social sciences economics and business business and management employment
- social sciences sociology social issues unemployment
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.1.1. - EXCELLENT SCIENCE - European Research Council (ERC)
MAIN PROGRAMME
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
ERC-STG - Starting Grant
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) ERC-2017-STG
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
20136 Milano
Italy
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.