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| Tekijä: | Mori, P. A. |
| Otsikko: | Job signalling and the returns to private information |
| Lehti: | Oxford Economic Papers
1991 : JUL, VOL. 43:3, p.351-367 |
| Asiasana: | HUMAN RESOURCE ACCOUNTING GROUPS HUMAN RESOURCE MANAGEMENT INFORMATION SYSTEMS EMPLOYEES WORK |
| Kieli: | eng |
| Tiivistelmä: | According to the human capital theory the source of the discrepancies between actual and opportunity marginal product of a group of employees with homogeneous observable characteristics is technological. Another cause of this divergence is investigated in a job signalling context. The main facts of the analysis are that: (1) an informational surplus due to information differentials among firms about worker abilities may arise; (2) symmetric information between employer and employees is incompatible with a positive informational surplus if the parties engage in wage bargaining; (3) group performance signals are a cause of interdependence between job assignments even in the absence of technical complementarity. |
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