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In this paper, we examine optimal job choices when jobs differ in the rate at which they reveal information about workers’ skills. We show that informational differences across jobs give rise to experimentation in that workers may be willing to sacrifice current period output in order to take...
Persistent link: https://www.econbiz.de/10009441291
Workers typically perform a variety jobs over the course of their careers in firms. These jobs differ in the skills they require and, thus, may convey different amounts of information about worker ability. In this paper, we develop a theory of learning and job design, and empirically test this...
Persistent link: https://www.econbiz.de/10005063721
In this article, we examine optimal job choices when jobs differ in the rate at which they reveal information about workers’ skills. We then analyze how the optimal level of experimentation changes over a worker’s career and characterize job transitions and wage growth over the life cycle....
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Less than 10 percent of executives in large publicly traded firms are women. On average female executives earn less than male executives, and hold less senior positions. They retire earlier. This paper is an empirical study of these differences based on panel of about 2,500 firms and 16,000...
Persistent link: https://www.econbiz.de/10005007823
Fewer women than men become executive managers. They earn less, hold more junior positions, and attrit faster. We compiled a large panel data set on executives and formed a career hierarchy to analyze promotion and compensation rates. Given executive rank and background, women are paid more than...
Persistent link: https://www.econbiz.de/10005007825
This paper addresses two questions: What accounts for the gender gap in labor-market outcomes? What are the driving forces behind the changes in the gender-labor-market out- comes over the period 1968–97? It formulates a dynamic general equilibrium model of labor supply, occupational sorting...
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