Successful Employer Search? An Empirical Analysis of Vacancy Duration Using Micro Data

26 Pages Posted: 17 Jul 2008

See all articles by Martyn J. Andrews

Martyn J. Andrews

University of Manchester - School of Social Sciences

Steve Bradley

Lancaster University

David N. Stott

Lancaster University - Department of Economics

Richard Upward

University of Nottingham - School of Economics

Abstract

This paper provides the first estimates of the determinants of the duration of employer search in the UK. We model duration until a vacancy is either successfully filled or withdrawn from the market. The econometric techniques deal with multiple vacancies and unobserved heterogeneity (dependent risks), using flexible and parametric baseline hazards. The hazards to filling and withdrawing exhibit negative and positive duration dependence respectively, implying that the conditional probability of successful employer search decreases with duration. We also find that nonmanual vacancies are less likely to fill, consistent with there being skill shortages in the sample period.

Suggested Citation

Andrews, Martyn J. and Bradley, Steve and Stott, David N. and Upward, Richard, Successful Employer Search? An Empirical Analysis of Vacancy Duration Using Micro Data. Economica, Vol. 75, Issue 299, pp. 455-480, August 2008, Available at SSRN: https://ssrn.com/abstract=1161923 or http://dx.doi.org/10.1111/j.1468-0335.2007.00619.x

Martyn J. Andrews (Contact Author)

University of Manchester - School of Social Sciences ( email )

Oxford Road
Manchester, M13 9PL
United Kingdom
0161 275-4874 (Phone)

Steve Bradley

Lancaster University ( email )

The Management School
Department of Economics
Lancaster LA1 4YX
United Kingdom
+44 1524 593880 (Phone)
+44 1524 594244 (Fax)

David N. Stott

Lancaster University - Department of Economics ( email )

Lancaster LA1 4YX, LA1 4YX
United Kingdom

Richard Upward

University of Nottingham - School of Economics ( email )

University Park
Nottingham, NG7 2RD
United Kingdom
+44 115 951 5151 (Phone)
+44 115 951 4159 (Fax)

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