Belloc, Filippo; Burdín, Gabriel; Landini, Fabio - 2020
rationalize the role of ER within a knowledge-based model of hierarchies, where the firm's choice of hierarchical layers depends … on the trade-off between communication and knowledge acquisition costs. Using a sample of more than 20000 private … correlates with job training and skill development, suggesting that the effect of ER (if any) is to reduce knowledge costs …