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Does Online Search Crowd Out Traditional Search and Improve Matching Efficiency? Evidence from Craigslist.” Mimeo (2008)

by K Kroft, D G Pope
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by Manuel F. Bagues, Mauro Sylos Labini
"... This paper evaluates the impact of the availability of electronic labor markets on the university-to-work transition. In particular, we analyze the effect of the intermediation activity carried on by the inter-university consortium, AlmaLaurea, on graduates ’ labor market outcomes. The different tim ..."
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This paper evaluates the impact of the availability of electronic labor markets on the university-to-work transition. In particular, we analyze the effect of the intermediation activity carried on by the inter-university consortium, AlmaLaurea, on graduates ’ labor market outcomes. The different timing of universities ’ enrolment in AlmaLaurea allows us to apply the difference-in-differences method to a repeated cross section data set. If the usual assumption concerning parallel outcomes holds, AlmaLaurea reduces the individual unemployment probability and improves matching quality. Interestingly, we also find that on-line intermediaries foster graduates ’ geographic mobility. JEL Classification: J64, J68, O3.
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