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We augment the standard asymmetric learning model with costly effort. With this adjustment, wages become fully … wage controls and salary history bans. Permitting workers to disclose their wages to outside firms results in an …
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This paper develops and tests a new model of asymmetric information in the labour market involving employer learning. In the model, I provide theoretical conditions for the identification - based on the experience and tenure profiles of estimated returns to ability and education - of employer...
Persistent link: https://www.econbiz.de/10013319931
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This paper develops and tests a new model of asymmetric information in the labour market involving employer learning. In the model, I provide theoretical conditions for the identification – based on the experience and tenure profiles of estimated returns to ability and education – of...
Persistent link: https://www.econbiz.de/10010262759
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