Pure-Chance Jobs versus a Labor Market: The Impact on Careers of a Random Serial Dictatorship for First Job Seekers

Autor:	Jonas Hjort, Ashna Arora, Leonard Goff
Rok vydání:	2021
Předmět:	Labour economics Amenity media_common.quotation_subject 05 social sciences Instrumental variable General Medicine Dictatorship Affect (psychology) Seekers 0502 economics and business Value (economics) Economics 050207 economics Welfare 050205 econometrics media_common
Zdroj:	AEA Papers and Proceedings. 111:470-475
ISSN:	2574-0776 2574-0768
Popis:	Do workers' first jobs affect their careers? Do such first-job effects (FJEs) vary across worker types? If so, can policy improve upon a “free” labor market by altering initial worker-employer matches? We study these questions using Norway's pre-2013 system of assigning doctors to their first job–residencies–through a random serial dictatorship. This generated individual-level variation in workers' choice sets over employers, which we use as instrumental variables to estimate FJEs. We then decompose workers' preferences over first employers into FJEs-on-earnings and employer “amenity value” components, showing how matches and worker welfare changed in the post-2013 decentralized labor market.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::c07a686199a5df7aecd5c26ff21fe49f https://doi.org/10.1257/pandp.20211010 Zobrazit plný text záznamu Plný text ve formátu PDF