Please use this form to submit your study for inclusion into our database. It will be checked by a member of the Innovation Growth Lab team, who may be in contact to ask for more information. Your email address * Your name * Title * The name of the study Short summary This paper analyses the impact of a large scale randomized experiment that targets firm labor demand by supporting its recruitment practices. A brief description of the project's goals and its current state Abstract <p>This paper analyzes the impact of a large scale randomized experiment that targets firm labor demand by supporting its recruitment practices. We evaluate the effect of a Public Employment Service’s (PES) intensive firm prospection campaign in which free recruitment services were proposed to a large number of small and medium sized firms in France. We find large impacts of this new active labor market policy: a 30% increase in vacancy postings with the PES and a 9% increase in permanent contract hires, translating into 48 more workdays created by treated firms on average over a sixmonth period. We find that these results are not driven by intertemporal substitution and that job creation impacts are centered in slack labor markets, suggesting that firm level displacement effects are likely minimal. We confront a simple model of firm search for candidates against data on vacancy characteristics and services delivered to these vacancies by the PES. We find non-experimental evidence that candidate prescreening may be a key component of the intervention because it reduces matching frictions associated with slack labor markets. Finally, the intervention might be significantly more cost-effective in low-demand labor markets than traditional job-placement policies that focus on jobseekers. These results suggest that active labor market policies that focus on firm labor demand may be a valuable addition to the labor policy toolkit.</p> The full abstract of the study, if available Links https://www.dropbox.com/s/fvcrjitm2xshno0/Value_of_a_vacancy_20180626.pdf Links to any published papers and related discussions Authors * Affiliations Academic and other institutes that the authors of the study are members of Delivery partner Organisations involved in delivering the trial, if appropriate Year Year Year199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026 Month MonthJanFebMarAprMayJunJulAugSepOctNovDec Day Day12345678910111213141516171819202122232425262728293031 Journal Journal publishing the study, if available Publication stage * Working Paper Published Ongoing Research Forthcoming Discussion Paper Research theme * Entrepreneurship Innovation Business Growth Country Country or countries where this study took place. Topics What sort of topics does the study cover? Sample attributes Hypotheses / research question Sample Trial population and sample selection Number of treatment groups Size of treatment groups Size of control group Unit of analysis Clustered? Yes No Cluster details Trial attributes Treatment description Rounds of data collection Baseline data collection and method Data collection method and data collected Evaluation Outcome variables Results Intervention costs Cost benefit ratio Reference Citation for use in academic references
