00000nam 2200000zi 4500 9.904055 CaOODSP 20221107180433 m o d f cr |n||||||||| 211013t20212021oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP n-cn--- FB3-5/2021-49E-PDF Birinci, Serdar, author. Job applications and labour market flows / by Serdar Birinci, Kurt See, Shu Lin Wee. Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2021. ©2021 1 online resource (1 volume (various pagings)) : charts. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2021-49 "Last updated: October 12, 2021." Includes bibliographical references (pages 35-36). "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. Applications for positions. Labor market. Demandes d'emploi. Marché du travail. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2021-49. (CaOODSP)9.806221 PDF 883 KB https://publications.gc.ca/collections/collection_2021/banque-bank-canada/FB3-5-2021-49-eng.pdf