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Recruitment, training and career concerns

Authors: Bar-Isaac, Heski
Ganuza, Juanjo
Keywords: recruitment;training;career concerns;reputation
Issue Date: Apr-2008
Series/Report no.: EC-05-06
Abstract: We examine training and recruitment policies in a two period model that nests two forms of production, "routine" work where ability and effort are substitutes and "creative" work where they are complements. Alternative ways of improving average ability have opposite implications for agents career concerns. While teaching to the top (training complementary to ability) or identifying star performers increases agents career concerns, teaching to the bottom has the opposite effect. The paper also makes more general comments relating to models of reputation.
Appears in Collections:Economics Working Papers

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