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employees over time. Contrary to the model without employer learning, we find that the Intuitive Criterion does not always … uncertain about their productivity, the separating level of education is ambiguously related to the speed of employer learning …
Persistent link: https://www.econbiz.de/10013324859
Previous research has shown that feedback about past performance has ambiguous effects on subsequent performance. We argue that feedback affects beliefs in different dimensions – namely beliefs about the level of human capital and beliefs about the ability to learn – and this may explain...
Persistent link: https://www.econbiz.de/10012926724
Employer learning about workers' abilities plays a key role in determining how workers sort into jobs and are … compensated. This study explores whether learning is symmetric or asymmetric, i.e., whether potential employers have the same … information about worker ability as the incumbent firm. I develop a model of asymmetric learning that nests the symmetric learning …
Persistent link: https://www.econbiz.de/10013087866
private returns to education within the employer learning framework of Farber and Gibbons [1996] and Altonji and Pierret [2001 …
Persistent link: https://www.econbiz.de/10012842034
This paper studies the design of optimal contracts in dynamic environments where agents learn by doing. We derive a condition under which contracts are fully incentive compatible. A closed-form solution is obtained when agents have CARA utility. It shows that human capital accumulation...
Persistent link: https://www.econbiz.de/10013058309
We analyze the offering, asking, and granting of help or other benefits as a three-stage game with bilateral private information between a person in need of help and a potential help-giver. Asking entails the risk of rejection, which can be painful: since unawareness of the need can no longer be...
Persistent link: https://www.econbiz.de/10014076462
fundamental, properties in graph theory allow us to interpret the variation in the patterns of behavior that arise in the …
Persistent link: https://www.econbiz.de/10013136030
children. Spillovers to neighboring (untreated) mothers can be through social learning or imitation. Results from a difference … control group. Neighboring mothers exhibit learning spillovers, changes in dietary behavior and a reduction in food …
Persistent link: https://www.econbiz.de/10012985678
We design and implement a field experiment that provides students from less advantaged backgrounds with individualized feedback on academic performance during the transition from middle to high school. The intervention reduces the gap between expected and actual performance, as well as shrinks...
Persistent link: https://www.econbiz.de/10012978953
initial uncertainty in the external market but the possibility of subsequent learning about match-specific productivity, we …
Persistent link: https://www.econbiz.de/10012870212