haku: @author Huizinga, H. / yhteensä: 10
viite: 9 / 10
| Tekijä: | Huizinga, H. |
| Otsikko: | Intrafirm information management and wage dynamics |
| Lehti: | European Economic Review
2000 : JAN, VOL. 44:1, p. 163-180 |
| Asiasana: | Information Workers Production Pay Companies Models |
| Kieli: | eng |
| Tiivistelmä: | Firms continually have to decide what information to transfer to what workers. Generally, the firm is shown to gradually transfer information to its workers over their employment lives. Correspondingly, the model can explain an upward sloping wage schedule or a return to tenure. This paper specifically examines how the strategic information transfer by the firm to its workers over their work lives reflects i. the rate of depreciation of the information after a quit if any, ii. its risk of obsolescence, and iii. asymmetric information on the part of the worker regarding his outside options. Asymmetric information regarding outside options can explain that some workers leave the firm in mid-career. |
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