Promotion, turnover, earnings, and firm-sponsored training

研究成果: Review article

37 引用 (Scopus)

抜粋

I develop a model in which different technological conditions lead to distinct equilibria with different patterns in labor mobility, promotion, earning distribution, and provision of firm-sponsored training. Key is the asymmetric learning of workers' characteristics. Because of the information that is conveyed to the market by promotion, firms have incentives to adopt strategic promotion policies, which result in different patterns in the use of internal labor market. The theory explains well the differences between the Japanese and the United States labor markets.

元の言語English
ページ(範囲)955-978
ページ数24
ジャーナルJournal of Labor Economics
22
発行部数4
DOI
出版物ステータスPublished - 2004 10 1
外部発表Yes

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ASJC Scopus subject areas

  • Industrial relations
  • Economics and Econometrics

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