After a 1.5-year break, we are pleased to restart BICEPS/SSE Riga research seminars and invite you to the first seminar, which will take place on Wednesday, October 13, at 17:00 at the usual venue – room 611.
We are delighted to welcome Ija Trapeznikova (Royal Holloway) as the first speaker. Ija Trapeznikova is a senior lecturer at Royal Holloway, University of London. Her research interests include a search and matching theory and structural estimation of labour market models. She has published in highly ranked general interest journals such as the Economic Journal and International Economic Review. Ija Trapeznikova earned her PhD in Economics from Northwestern University (IL, USA).
Speaker: Ija Trapeznikova (Royal Holloway)
Title: Vacancies, Employment Outcomes and Firm Growth: Evidence from Denmark
Co-authors: Jesper Bagger (Royal Holloway, Aarhus University), Francois Fontaine (Paris School of Economics, Université Paris 1–Panthéon Sorbonne), Manolis Galenianos (Royal Holloway)
Time: Wednesday, October 13, 17:00
Venue: SSE Riga, room 611
We use comprehensive data from Denmark that combine online job advertisements with a matched employer-employee dataset and a firm-level dataset with information on revenues and value added to study the relationship between vacancy-posting and various firm outcomes. Posting a vacancy is associated with a 4.5 percentage point increase in a firm’s hiring rate and two-thirds of the additional hiring occurs within two months. The response of hiring from employment is twice as large as the response of hiring from non-employment. Firms that are smaller, low-wage and fast-growing are associated with larger hiring responses and that response materializes faster at larger firms, low-wage firms and fast-growing firms. We also find that separations are associated with subsequent vacancy posting and this effect is stronger for separations to employment, consistent with replacement hiring and the presence of vacancy chains. Growth in revenue and value added strongly predict vacancy-posting, with negative shocks having a stronger effect than positive shocks and larger shocks having less-than-proportional responses.
Please note that you will need an ID and a Covid vaccination certificate to enter SSE Riga building. Also, please note that this seminar will take place on Wednesday, not Thursday (our usual day).
No prior registration for the seminar is necessary. For any questions about the seminar, or if you have a colleague that would like to be added to the distribution list, please write to Nicolas Gavoille.