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Due to technological progress, recent performance is often more informative about future performance prospects than is older performance. We incorporate information decay in a career concern model in which performance depends on type and effort and contract renewal is based on the performance...
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employing data on job search activity. Worker's willingness to pay for the remaining duration of the employment contract is … derived. We provide evidence that workers attach substantial value to the remaining contract duration. A temporary worker with …
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employing data on job search activity. Workers' willingness to pay for the remaining duration of the employment contract is … derived. We provide evidence that workers attach substantial value to the remaining contract duration. A temporary worker with …
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