less clear. Using a contest model, this paper investigates the pure incentive effects of external recruiting. Our results …External recruiting at least weakly improves the quality of the pool of applicants, but the incentive implications are … discouragement of low ability workers, the firm will benefit from external recruiting. If, however, the discouragement effect …

According to the previous literature on hiring, ?rms face a trade-off when deciding on external recruiting: From an … incentive perspective, external recruiting is harmful since admission of external candidates reduces internal workers’ career … same product market, weaker ?rms use external recruiting and their wage policy to offset their competitive disadvantage. …

less clear. Using a contest model, this paper investigates the pure incentive effects of external recruiting. Our results …External recruiting at least weakly improves the quality of the pool of applicants, but the incentive implications are … discouragement of low ability workers, the firm will benefit from external recruiting. If, however, the discouragement effect …

less clear. Using a contest model, this paper investigates the pure incentive effects of external recruiting. Our results …External recruiting at least weakly improves the quality of the pool of applicants, but the incentive implications are … discouragement of low ability workers, the firm will benefit from external recruiting. If, however, the discouragement effect …

According to the previous literature on hiring, ?rms face a trade-off when deciding on external recruiting: From an … incentive perspective, external recruiting is harmful since admission of external candidates reduces internal workers’ career … same product market, weaker ?rms use external recruiting and their wage policy to offset their competitive disadvantage. …

disadvantage. -- Contest ; externalities ; recruiting ; wage policy …According to the previous literature on hiring, firms face a trade-off when deciding on external recruiting: From an … incentive perspective, external recruiting is harmful since admission of external candidates reduces internal workers’ career …

investigate the incentives to expend effort for a prize that produces consumption externalities and consider alternative … regulatory policies. We find relatively more global consumption externalities will increase (decrease) rent seeking when … consumption externalities are negative (positive). We show how introducing Pigouvian taxation (possibly with revenue transfer) and …

We provide evidence of private returns to education and externalities which jointly render social returns in the labor …