growth through selection and imitation is developed. It isconsistent with recent evidence on firm dynamics and on the …

This paper focuses on the predictive validity of the upper secondary grade point average (GPA), when used as selection …

of training they receive, which is often allocated on the basis of repeated selection. We analyze optimal selection … determinant for performance differentials within cohorts. We find that the optimal policy is pro-competitive at later selection … occur at early stages, where selection is either counter-competitive (i.e. individuals with low skill signals are selected …