Kato, Takao; Ogawa, Hiromasa; Ōwan, Hideo - 2016
asymmetric information: (i) the worker's cost of long working hours: and (ii) the worker's OJT ability (the worker's ability to … working hours signal the worker's commitment to the firm, which determines the surplus produced when the worker is promoted …, and derive an empirical testable hypothesis that the correlation between working hours and subsequent promotion will be …