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A Theory Of Monitoring And Internal Labor Markets
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Book Synopsis A Theory of Monitoring and Internal Labor Markets by : Gautam Bose
Download or read book A Theory of Monitoring and Internal Labor Markets written by Gautam Bose and published by . This book was released on 2011 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze a firm's job-assignment and worker-monitoring decisions when workers face occasional crises. Firms prefer to assign good workers to a difficult task and to not employ bad workers. Firms observe failures but only observe successfully resolved crises if they monitor the worker. If monitoring costs are positive but sufficiently small, for a range of probabilities that the worker is good, the firm assigns the worker to a low task (less sensitive to crises) and monitors her. At probabilities below this range and not too much above it, she is assigned to the low task and not monitored. At high probabilities of being good, she is assigned to the difficult task. We analyze the implications for internal labor markets of the case where a worker has the same ex ante probability of being good at all firms and learning is about ability at this particular firm -- National Bureau of Economic Research web site.
Book Synopsis A theory of monitoring and internal labor markets by : Gautam Bose
Download or read book A theory of monitoring and internal labor markets written by Gautam Bose and published by . This book was released on 2011 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze a firm's job-assignment and worker-monitoring decisions when workers face occasional crises. Firms prefer to assign good workers to a difficult task and to not employ bad workers. Firms observe failures but only observe successfully resolved crises if they monitor the worker. If monitoring costs are positive but sufficiently small, for a range of probabilities that the worker is good, the firm assigns the worker to a low task (less sensitive to crises) and monitors her. At probabilities below this range and not too much above it, she is assigned to the low task and not monitored. At high probabilities of being good, she is assigned to the difficult task. We analyze the implications for internal labor markets of the case where a worker has the same ex ante probability of being good at all firms and learning is about ability at this particular firm.
Book Synopsis A Theory of Monitoring and Internal Labor Markets by :
Download or read book A Theory of Monitoring and Internal Labor Markets written by and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Internal Labor Markets and Manpower Analysis by : Peter B. Doeringer
Download or read book Internal Labor Markets and Manpower Analysis written by Peter B. Doeringer and published by Routledge. This book was released on 2020-08-26 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a description of a number of institutional features of the U.S. labor market and prompts an analytical debate about the origins of the institutions it describes and their significance for the operation of the U.S. economic system.
Book Synopsis The Operation of Internal Labor Markets by : Lawrence T. Pinfield
Download or read book The Operation of Internal Labor Markets written by Lawrence T. Pinfield and published by Springer. This book was released on 2013-05-29 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employment systems consist of complex arrays of formal and informal rules that structure the relationships between employees and employers. There are many different types of employment systems. Some are specified in considerable detail in collectively bargained quasilegal employment contracts, while others are left to discretion. This book describes the latter type of employment system-one in which there is an active market for knowl edge and skills. This is the salaried employment system of ForestCo-a large multiplant manufacturing company in the forest products industry. Here, supervisors and managers actively adjust the jobs and persons under their authority to meet the market, social, and institutional forces that influence the activities and performance of their departments. The study of employment systems is a relatively recent phenomenon, and few prior studies or theories were found to guide this investigation. Neither the scope nor the components of employment system studies are yet established. The field is confused and contested. Nevertheless, there is related literature which can be used to focus attention on different features of employment systems. One emerging body of work that holds the most promise for the study of employment systems is internal labor market (lLM) theory.
Book Synopsis The Theory of Internal Labor Markets by : Peter Brantley Doeringer
Download or read book The Theory of Internal Labor Markets written by Peter Brantley Doeringer and published by . This book was released on 1966 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Theories of Internal Labor Markets by : Canice John Prendergast
Download or read book Theories of Internal Labor Markets written by Canice John Prendergast and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Internal Labor Markets by : Thomas Johannes Dohmen
Download or read book Internal Labor Markets written by Thomas Johannes Dohmen and published by . This book was released on 2003 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis A Theory of Wage and Promotion Dynamics in Internal Labor Markets by : Robert Gibbons
Download or read book A Theory of Wage and Promotion Dynamics in Internal Labor Markets written by Robert Gibbons and published by . This book was released on 1998 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: We attempt to explain employment practices in internal labor markets using models that combine job assignment, on-the-job human-capital acquisition, and learning. We show that a framework that integrates these familiar ideas captures a number of recent empirical findings concerning wage and promotion dynamics in internal labor markets, including the following. First, real wage decreases are a minority of the observations, but are not rare, while demotions are very rare. Second, there is significant serial correlation in wage increases. Third, promotions are associated with particularly large wage increases, but these wage increases are small relative to the difference between average wages across levels of a job ladder. Fourth, on average, workers who receive large wage increases early in their stay at one level of a job ladder are promoted more quickly to the next level. Fifth, individuals promoted from one level of a job ladder to the next come disproportionately, but not exclusively, from the top of the lower job's wage distribution (and arrive disproportionately, but not exclusively, at the bottom of the higher job's wage distribution)
Book Synopsis The Theory of the Firm by : Nicolai J. Foss
Download or read book The Theory of the Firm written by Nicolai J. Foss and published by Taylor & Francis. This book was released on 2000 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Importance of Internal Labor Markets to Economic Theory and Practice by : Paul Osterman
Download or read book The Importance of Internal Labor Markets to Economic Theory and Practice written by Paul Osterman and published by . This book was released on 1983 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Labor Markets and Employment Relationships by : Joyce Jacobsen
Download or read book Labor Markets and Employment Relationships written by Joyce Jacobsen and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 586 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative text grounds the economic analysis of labor markets and employment relationships in a unified theoretical treatment of labor exchange conditions. In addition to providing thorough coverage of standard topics including labor supply and demand, human capital theory, and compensating wage differentials, the text draws on game theory and the economics of information to study the implications of key departures from perfectly competitive labor market conditions. Analytical results are consistently applied to contemporary policy issues and empirical debates. Provides a coherent theoretical framework for the analysis of labor market phenomena Features graphical in-chapter analysis supplemented by technical material in appendices Incorporates numerous end-of-chapter questions that engage the analysis and anticipate subsequent results Includes innovative chapters on employee compensation methods, market segmentation, income inequality and labor market dynamics Balances theoretical, empirical and policy analysis
Book Synopsis How Labor Markets Work by : John Thomas Dunlop
Download or read book How Labor Markets Work written by John Thomas Dunlop and published by Free Press. This book was released on 1988 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Handbook of Organizational Economics by : Robert S. Gibbons
Download or read book The Handbook of Organizational Economics written by Robert S. Gibbons and published by Princeton University Press. This book was released on 2013 with total page 1248 pages. Available in PDF, EPUB and Kindle. Book excerpt: (E-book available via MyiLibrary) In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more.
Book Synopsis Internal and external labor markets : a personnel economics approach by : Edward P. Lazear
Download or read book Internal and external labor markets : a personnel economics approach written by Edward P. Lazear and published by . This book was released on 2003 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Management Under Differing Labour Market and Employment Systems by : Günter Dlugos
Download or read book Management Under Differing Labour Market and Employment Systems written by Günter Dlugos and published by Walter de Gruyter GmbH & Co KG. This book was released on 2019-07-22 with total page 516 pages. Available in PDF, EPUB and Kindle. Book excerpt: No detailed description available for "Management Under Differing Labour Market and Employment Systems".
Book Synopsis Handbook of Career Theory by : Michael B. Arthur
Download or read book Handbook of Career Theory written by Michael B. Arthur and published by Cambridge University Press. This book was released on 1989-08-25 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt: This cross-disciplinary text is designed to appeal to a diversity of social science scholars. The central focus is on new ways of viewing the career, or how working lives unfold over time. Fresh views from psychology, social psychology, sociology, anthropology, organization theory, economics, and political science are among those represented in the twenty-five chapter anthology. The design of the handbook in three parts - current approaches, new ideas, and future directions - is intended to engage the reader in the debate from which new and better career theories can be developed.
