Using detailed labor recruitment data in combination with randomized variation in
individuals' outside job opportunities, I show that providing job certainty during recruitment …

This paper examines the relationship between employment risk and job-seeker
performance. To induce exogenous variation in employment risk, the outside options for job …

Uncertainty presents a major challenge to employers who are formulating a hiring policy.
Despite their best efforts, worker quality is not known with certainty at the time of hire …

We empirically investigate the effect of uncertainty on corporate hiring. Using novel data
from the labor market for MBA graduates, we show that uncertainty regarding how well job …

The goal of this paper is to shed new light on idiosyncratic income risk using a unique and
confidential dataset from the Social Security Administration on individuals' earnings histories …

We study a fixed-wage relationship between a firm and a worker in which neither knows how
well-suited the worker is to the job. The worker decides how to allocate his time on the job, a …

This paper introduces asymmetric information about workers' abilities into the turnover-
training model of Phelps (1994) and Salop (1979). This makes hiring an investment under …

Job security, often measured using the perceived risk of job loss in the near future, is a
significant determinant of job satisfaction. We posit that the impact job security has on job …

We examine the effects of establishment-and industry-level labor market turnover on
employees' well-being. The linked employer-employee panel data contain both survey …

We examine the effects of labor market tightness on firms' recruitment behavior and job
seekers' activity. We use a novel dataset from an online job board with highfrequency …