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Valuation and Matching: A Conventionalist Explanation of Labor Markets by Firms' Recruitment Channels
Valuation und Matching: Eine konventionentheoretische Erklärung der Arbeitsmärkte durch die Rekrutierungskanäle der Unternehmen
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Abstract In line with the conventionalist works on recruitment and intermediation in the labor market, this article argues that, in order to shape uncertainty about the quality of matching, recruitment channels used by firms rely on "investments in forms." The first investment corresponds to the definition o... view more
In line with the conventionalist works on recruitment and intermediation in the labor market, this article argues that, in order to shape uncertainty about the quality of matching, recruitment channels used by firms rely on "investments in forms." The first investment corresponds to the definition of the boundaries of the labor market (i.e., the outline of the labor supply from the firm's point of view); the second one corresponds to the format of information (i.e., the "standard" or "personalized" language used by channels to convey information). The firm’s resort to a given channel is explained by its internal organization and its valuation of what is a good applicant (depending on its "labor quality con-vention"). By crossing-over the two types of investment in forms, we distinguish four matching dynamics. Each type of dynamics is illustrated by examples coming from a qualitative survey of recruitment practices in four French service oriented sectors.... view less
Keywords
human resources; recruitment; available workers; hiring; applicant; employment service; France; labor market; service enterprise
Classification
Labor Market Research
Human Resources Management
Free Keywords
Economics of convention; investment in forms; labor quality convention; valuation; recruitment channel; job matching; service oriented sectors; case studies
Document language
English
Publication Year
2019
Page/Pages
p. 52-72
Journal
Historical Social Research, 44 (2019) 1
Issue topic
Markets, Organizations, and Law - Perspectives of Convention Theory on Economic Practices and Structures
ISSN
0172-6404
Status
Published Version; peer reviewed