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006	m     o  d f
007	cr |n|||||||||
008	211013t20212021oncd    ob   f|0| 0 eng d
040	|aCaOODSP|beng|erda|cCaOODSP
043	|an-cn---
086	1 |aFB3-5/2021-49E-PDF
100	1 |aBirinci, Serdar, |eauthor.
245	10|aJob applications and labour market flows / |cby Serdar Birinci, Kurt See, Shu Lin Wee.
264	1|aOttawa, Ontario, Canada : |bBank of Canada = Banque du Canada, |c2021.
264	4|c©2021
300	|a1 online resource (1 volume (various pagings)) : |bcharts.
336	|atext|btxt|2rdacontent
337	|acomputer|bc|2rdamedia
338	|aonline resource|bcr|2rdacarrier
490	1 |aStaff working paper = |aDocument de travail du personnel, |x1701-9397 ; |v2021-49
500	|a"Last updated: October 12, 2021."
504	|aIncludes bibliographical references (pages 35-36).
520	|a"Job applications have risen over time, yet job-finding rates have remained unchanged. Meanwhile, job separations have declined. We argue that an increase in the number of applications raises the probability of finding a good match rather than the probability of findinga job. Using a search model with multiple applications and costly information, we show that when applications increase, firms invest in identifying good matches, thereby reducing separations. Concurrently, increased congestion and selectivity over which offer to accept temper increases in job-finding rates. Our framework contains testable implications for changes in offers, acceptances, reservation wages, applicants per vacancy, and tenure, factors that enable us to generate the trends in unemployment flows"--Abstract.
650	0|aApplications for positions.
650	0|aLabor market.
650	6|aDemandes d'emploi.
650	6|aMarché du travail.
710	2 |aBank of Canada, |eissuing body.
830	#0|aStaff working paper (Bank of Canada)|v2021-49.|w(CaOODSP)9.806221
856	40|qPDF|s883 KB|uhttps://publications.gc.ca/collections/collection_2021/banque-bank-canada/FB3-5-2021-49-eng.pdf