%0 Report %A Bhuller, Manudeep %A Kostøl, Andreas Ravndal %A Vigtel, Trond Christian %T How Broadband Internet Affects Labor Market Matching %D 2020 %8 2020 Jan %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 12895 %U https://www.iza.org/publications/dp12895 %X How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi-experimental variation in internet use. This paper helps fill this gap using plausibly exogenous roll-out of broadband infrastructure in Norway, and comprehensive data on recruiters, vacancies and job seekers. We document that broadband expansions increased online vacancy-postings and lowered the average duration of a vacancy and the share of establishments with unfilled vacancies. These changes led to higher job-finding rates and starting wages and more stable employment relationships after an unemployment-spell. Consequently, our calculations suggest that the steady-state unemployment rate fell by as much as one-fifth. %K unemployment %K information %K job search %K matching