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This paper analyzes the implication of employment protection legislation on a firm's screening process. We present a model in which human-capital-intensive firms (high-tech) with imperfect information about their workers' type attempt during a trial period to identify those incompetent workers...
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In this paper, a theory of total factor productivity (TFP) that incorporates a model of intelligence is formulated and … is based on item response theory, which is widely used in psychology and psychometrics. TFP is assumed to be an …
Persistent link: https://www.econbiz.de/10011259766
This study analyzes the total factor productivity of 1,067 Japanese manufacturing firms. In production estimation, we …
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