Accessibility navigation

Wage and unemployment: evidence from online job vacancy data

Faryna, O., Pham, T., Talavera, O. and Tsapin, A. (2022) Wage and unemployment: evidence from online job vacancy data. Journal of Comparative Economics, 50 (1). pp. 52-70. ISSN 0147-5967

Text - Accepted Version
· Available under License Creative Commons Attribution Non-commercial No Derivatives.
· Please see our End User Agreement before downloading.


It is advisable to refer to the publisher's version if you intend to cite from this work. See Guidance on citing.

To link to this item DOI: 10.1016/j.jce.2021.05.003


This paper examines the relationship between labour market conditions and wage dynamics by exploiting a unique dataset of more than one million online job vacancies. We find a weak trade-off between aggregate wage inflation and unemployment. This link becomes more evident when the wage inflation is disaggregated at the sectoral and occupational level. The examination, using vacancy-level data, shows a negative correlation between offered wage and unemployment. The degree of wage elasticity, however, is different across regions and skill segments. Our findings suggest the importance of micro-level data’s unique dimensions in examining the wage – unemployment relationship.

Item Type:Article
Divisions:Arts, Humanities and Social Science > School of Politics, Economics and International Relations > Economics
ID Code:97951


Downloads per month over past year

University Staff: Request a correction | Centaur Editors: Update this record

Page navigation