Table 4. Causal Effect of Recruitment Competition on Wages Advertised in LCAs

Note: This table presents OLS and IV estimates of the relationship between the standardized number of job postings advertised by start-ups on the local labor market and wages advertised in submitted LCAs. The average standard deviation in the number of job postings is 14. Standard errors are clustered by county and six-digit SOC codes. Sources: BGT, Crunchbase, and the US Department of Labor.
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