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If promotion in a hierarchy is based on a random signal of ability, rates of promotion are affected by risk … will be changing throughout the hierarchy. I define promotion hierarchies with and without memory, where memory means that …
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In a labor market hierarchy, promotions are affected by the noisiness of information about the candidates. I study the … higher survival rate. Further, even if more risk takers than non risk takers are promoted in the beginning of the hierarchy …
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This study considers the economic impact of coronavirus disease 2019 (COVID-19) on commercial enterprises in four Central American countries - El Salvador, Guatemala, Honduras, and Nicaragua. At the time of analysis, neither the pandemic nor its economic consequences had fully run their course....
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