haku: @indexterm training / yhteensä: 1335
viite: 278 / 1335
| Tekijä: | Demougin, D. Siow, A. |
| Otsikko: | Managerial husbandry and the dynamics of ongoing hierarchies |
| Lehti: | European Economic Review
1996 : AUG, VOL. 40:7, p. 1483-1499 |
| Asiasana: | WORK TRAINING GROWTH LABOUR MOBILITY EMPLOYMENT |
| Kieli: | eng |
| Tiivistelmä: | The paper deals with the supply and demand for on-the-job training where the success of training is stochastic, firms have strictly concave production functions and they have to pay hiring costs for employing skilled workers from the outside. The model explains how two commonly observed personnel regimes, up or out rules and fast track jobs may simultaneously operate in the same industry. There are predictions about firm level dynamics and interactions btw. labour mobility and firm performance. The model also generates intermittent labour market events such as lateral mobility, layoffs, promotions and variation in earnings across identically skilled workers. |
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