On the Job Screening, up or out Rules, and Firm Growth.
This paper uses on-the-job screening to derive a stochastic and dynamic model of hiring, promotion, and dismissal policies, and their impact on total firm employment and output. The model provides an explanation of the up-or-out rule observed in many organizations. It also provides an explanation for a cost-of-adjustment mechanism for the stock of human capital in a firm.
Year of publication: |
1992
|
---|---|
Authors: | O'Flaherty, Brendan ; Siow, Aloysius |
Published in: |
Canadian Journal of Economics. - Canadian Economics Association - CEA. - Vol. 25.1992, 2, p. 346-68
|
Publisher: |
Canadian Economics Association - CEA |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Up-or-Out Rules in the Market for Lawyers.
O'Flaherty, Brendan, (1995)
-
O'Flaherty, Brendan, (1991)
-
Up or out rules in the market for lawyers
O'Flaherty, Brendan, (1990)
- More ...