Internal and external labor markets and the scope of the firm

被引:1
|
作者
Novos, IE [1 ]
机构
[1] KPMG Peat Marwick LLP, Econ Consulting Serv, New York, NY 10154 USA
关键词
uncertain job preferences; learning; adverse selection; productivity cost;
D O I
10.1016/S0014-2921(98)00077-4
中图分类号
F [经济];
学科分类号
02 ;
摘要
The scope of integration is characterized in the context of worker learning about job preferences and adverse selection. Integration mitigates inefficiencies arising from incomplete information on both the demand and supply sides of the labor market. Worker learning about job preferences comes at a productivity cost which is important in how firms determine the scope of integration. (C) 2000 Published by Elsevier Science B.V. All rights reserved. JEL classification: D82; D83.
引用
收藏
页码:541 / 563
页数:23
相关论文
共 50 条