Job-Advertising and Wage Control Spillovers
研究工资控制下企业如何在招聘中权衡工资与广告投入,发现工资受限时企业会增加非工资招聘手段,以尼克松工资控制对报纸招聘广告的影响为例验证假设。
This article examines the tradeoffs between wages and job-related advertising in the recruitment of new employees. We hypothesize that when wages are limited by controls, firms increase their use of nonwage recruiting methods. We find support for this hypothesis by examining the effect of the Nixon wage controls on newspaper help-wanted advertisements.