Abstract

Understanding the relationships between different signals that indicate the characteristics of workers and firms is essential to improving job matching efficiency. Using a field experiment, we investigate student leadership experience premiums and explore the relationships between signals reflecting personal qualities and signals reflecting vacancy-related qualities. We find that, first, there is no universal causal effect of student leadership experience on job accessibility in China. Second, student leadership experience complements other personal qualities for individuals majoring in science and engineering. Third, student leadership experience is a complementary factor for small firms. Fourth, higher-level student leaders enjoy a larger premium in job accessibility. Finally, student leaders are not preferred by high-paying positions but favored by positions with large payment variances.

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