TY - JOUR AB - We explore the relationship between firms' characteristics and recruitment strategies. We present a search theoretic 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. DA - 2020 DO - 10.1111/iere.12477 KW - etace_network_formation KW - etace_labour_economics LA - eng IS - 4 PY - 2020 SN - 0020-6598 T2 - International Economic Review TI - Formal Search and Referrals from a Firm's Perspective UR - https://nbn-resolving.org/urn:nbn:de:0070-pub-29455643 Y2 - 2024-11-22T05:18:23 ER -