Kräkel, Matthias; Szech, Nora; von Bieberstein, Frauke - In: Journal of Economic Behavior & Organization 107 (2014) PA, pp. 123-135
External recruiting at least weakly improves the quality of the pool of applicants, but the incentive implications are … less clear. Using a contest model, this paper investigates the pure incentive effects of external recruiting. Our results … discouragement of low-ability workers, the firm will benefit from external recruiting. If, however, the discouragement effect …