Replication data for: Aggregate Recruiting Intensity

Giovanni L. Violante, Alessandro Gavazza & Simon Mongey
We develop an equilibrium model of firm dynamics with random search in the labor market where hiring firms exert recruiting effort by spending resources to fill vacancies faster. Consistent with microevidence, fast-growing firms invest more in recruiting activities and achieve higher job-filling rates. These hiring decisions of firms aggregate into an index of economy-wide recruiting intensity. We study how aggregate shocks transmit to recruiting intensity, and whether this channel can account for the dynamics of...
This data repository is not currently reporting usage information. For information on how your repository can submit usage information, please see our documentation.