@TechReport{iza:izadps:dp8175,
            	author={Brown, Meta and Setren, Elizabeth and Topa, Giorgio},
            	title={Do Informal Referrals Lead to Better Matches? Evidence from a Firm's Employee Referral System},
            	year={2014},
	month={May},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={8175},
            	url={https://www.iza.org/index.php/publications/dp8175},
	abstract={Using a new firm-level dataset that includes explicit information on referrals by current employees, we investigate the hiring process and the relationships among referrals, match quality, wage trajectories and turnover for a single U.S. corporation, and test various predictions of theoretical models of labor market referrals. We find that referred candidates are more likely to be hired; experience an initial wage advantage which dissipates over time; and have longer tenure in the firm. Further, the variances of the referred and non-referred wage distributions converge over time. The observed referral effects appear to be stronger at lower skill levels. The data also permit analysis of the role of referrer-referee pair characteristics.},
	keywords={turnover;human resources;referrals;wage trajectory},
            }