TY  - RPRT
        AU  - Carranza, Eliana
AU  - Garlick, Robert
AU  - Orkin, Kate
AU  - Rankin, Neil
        TI  - Job Search and Hiring with Two-Sided Limited Information about Workseekers' Skills
        PY  - 2021/Jul/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 14529
        UR  - https://www.iza.org/index.php/publications/dp14529
        AB  - We present field experimental evidence that limited information about workseekers' skills distorts both firm and workseeker behavior. Assessing workseekers' skills, giving workseekers their assessment results, and helping them to credibly share the results with firms increases workseekers' employment and earnings. It also aligns their beliefs and search strategies more closely with their skills. Giving assessment results only to workseekers has similar effects on beliefs and search, but smaller effects on employment and earnings. Giving assessment results only to firms increases callbacks. These patterns are consistent with two-sided information frictions, a new finding that can inform the design of information-provision mechanisms.
        KW  - labor markets
KW  - wages
KW  - employment
KW  - job search
KW  - skills
KW  - active labor market
        ER  -