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Contractual Incentives and Career Concerns

Christensen, Peter O. - 2014

In a multi-period model of optimal contracting and career concerns, we show long-term contracting with renegotiation dominates short-term contracting if there is non-contractible information. If the non-contractible information is not effectively contractible through renegotiation of long-term...

Persistent link: https://www.econbiz.de/10013048933

Time Preferences and Career Investments

Alessie, Rob J. M. - 2015

This paper examines the role of time preferences in career investments. We focus on the effects of impatience on two types of career investments: work effort and on-the-job search. Whereas the former increases the probability of obtaining a promotion, the latter affects the chance of receiving...

Persistent link: https://www.econbiz.de/10013027099

Why Do Financial Analysts Strive to Be Irrelevant? Career Concerns and Endogenous Coverage Termination

Navone, Marco A. - 2014

In this paper we investigate the endogeneity of analysts' coverage decision. Specifically we argue that due to reputational concerns analysts avoid covering stocks with high levels of specific risk. Using three novel quasi-natural experiments we show that analysts' coverage drops after an...

Persistent link: https://www.econbiz.de/10013044607

Educational Mismatch and Promotions to Managerial Positions : A Test of the Career Mobility Theory

Grunau, Philipp - 2018

Career mobility theory suggests that given a certain occupation, schooling improves upward mobility in terms of … promotion and wage growth. We are the first to test the implications of this theory for over- and under-education by means of …. Altogether, these findings strongly support the career mobility theory. Furthermore, by differentiating between internal and …

Persistent link: https://www.econbiz.de/10012929528

Team Size, Noisy Signals, and the Career Prospects of Academic Scientists

de Fontenay, Catherine - 2018

Team production is increasingly common in bench science, because scientists specialize and then combine their skills in a team. We argue that team production makes it more difficult to identify the quality of a junior scientist, as her productivity cannot be perfectly distinguished from others...

Persistent link: https://www.econbiz.de/10012930787

Career Concerns and Product Market Competition

Feriozzi, Fabio - 2015

This paper studies the effect of increased competition in the product market on managerial incentives. I propose a simple model of career concerns where firms are willing to pay for managerial talent to reduce production costs, but also to subtract talented CEOs from competitors. This second...

Persistent link: https://www.econbiz.de/10012707360

Career Networks and Job Matching - Evidence on the Microeconomic Foundations of Human Capital Externalities

Heuermann, Daniel F. - 2012

Inspired by the literature on the importance of career networks for the quality of labor market matches we investigate whether human capital externalities arise from higher job matching efficiency in skilled regions. Using two samples of highly qualified workers in Germany, we find that...

Persistent link: https://www.econbiz.de/10012712475

The impact of career concerns and cognitive dissonance on bureaucrats’ use of benefit-cost analysis

Hammes, Johanna Jussila - In: Environmental and resource economics 80 (2021) 2, pp. 409-424

Persistent link: https://www.econbiz.de/10012651748

Career counseling process quality promotes reemployment

Behrendt, Peter; Göritz, Anja; Heuer, Katharina - In: Journal of career development 48 (2021) 5, pp. 599-606

Persistent link: https://www.econbiz.de/10012626134

Career concerns and belief precision about talent

Loss, Frédéric; Renucci, Antoine - In: Annals of economics and statistics 139 (2020), pp. 87-103

Persistent link: https://www.econbiz.de/10012602592