Kahn, Lisa B. - Institute for the Study of Labor (IZA) - 2013
information about worker ability as the incumbent firm. I develop a model of asymmetric learning that nests the symmetric learning … find strong support for asymmetric information. I first exploit the fact that groups of workers differ in their variances … interest in my model representing the degree to which information is asymmetric. My estimates imply that in one period, outside …