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 …

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 …