Wiring the Labor Market | Zendy

David Autor | Zendy

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Wiring the Labor Market

Author(s) -

David Autor

Publication year - 2001

Publication title -

the journal of economic perspectives

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 9.614

H-Index - 196

eISSN - 1944-7965

pISSN - 0895-3309

DOI - 10.1257/jep.15.1.25

Subject(s) - labour economics , quality (philosophy) , personnel economics , the internet , business , labor demand , industrial organization , economics , labor relations , microeconomics , wage , computer science , philosophy , epistemology , world wide web

Workers and jobs are naturally heterogeneous and the quality of their interaction when paired is difficult to forecast. The Internet promises to open new channels for worker-firm communications. What are the consequences of this opening? I discuss three labor market features that may be altered: how worker-firm matches are made; how labor services are delivered; and how local markets shape labor demand. Theory predicts these developments will produce social benefits. But the gains are unlikely to be uniform and realizing them will generate novel problems. One result may be the formation of new institutions to address issues accompanying these opportunities.

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