We demonstrate that empirical evidence of employer learning is sensitive to how one defines the career start date and, in turn, measures cumulative work experience. Arcidiacono, Bayer, and Hizmo (2010) find evidence of employer learning for high school graduates but not for college graduates,...

I study the human capital development and firm-worker matching processes for PhD economists.This group is useful for this purpose because the types of jobs they hold can be easily categorized and they have an observable roductivity measure (that is,publications.)I derive a two-period model to...

This paper examines how career concerns can generate inefficiencies not only within firms but also in market outcomes. Career concerns may lead agents to avoid actions that, while value-increasing in expectation, could potentially be directly associated with a bad outcome. We apply this theory...