FORMAL SEARCH AND REFERRALS FROM A FIRM'S PERSPECTIVE
研究了企业特征如何影响招聘策略，发现大企业更倾向正式搜索，高技能岗位也更多使用正式渠道，且使用推荐的企业会减少正式搜索投入。
Abstract We explore the relationship between firms' characteristics and recruitment strategies. We present a theoretical search model with two search channels: a costly formal channel and a costless informal channel (referrals). We empirically test the model predictions and find that: larger firms search more formally; firms search more formally for high‐skilled workers; the positive relationship between firm's size and formal search intensity also holds for firms not using referrals; firms using referrals invest less into formal search compared to firms not using referrals; larger firms hire less often by referrals than smaller firms; and larger search effort leads to more applicants.