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A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers and firms. This ignores the frictions that arise when workers and firms meet in a multilateral way and cannot coordinate their application and hiring decisions. I analyze the...
Persistent link: https://www.econbiz.de/10008833885
This paper estimates the causal effect of the wage on the recruitment rate at the establishment level. During the 1990s … schools with severe recruitment problems in the past and located in one specific region. The empirical approach exploits … for teachers. In a difference-in-differences framework, I find that the wage premium increased the recruitment rate by 6 …
Persistent link: https://www.econbiz.de/10010877907
Recruitment is often delegated to senior employees. Delegated recruitment, however, is vulnerable to moral hazard … relates to the candidates’ ‘type’. Delegation is then superior to direct (owner) recruitment and offering ‘tenure’ or … guaranteed seniority to the senior employee is neither always desirable for the owner nor necessary to ensure good recruitment …
Persistent link: https://www.econbiz.de/10005406051
The aim of this paper is to examine the evolution of recruitment of elites and to investigate the nature of the links … between recruitment of elites and economic growth. The main change that occurred in the way the Western world trained its … elites is that meritocracy became the basis for their recruitment. Although meritocratic selection should result in the best …
Persistent link: https://www.econbiz.de/10005406159