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Cover: 9780367086411 | Adverse Selection in the Labor Market | Bruce C. N. Greenwald | Buch
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Adverse Selection in the Labor Market
Taschenbuch von Bruce C. N. Greenwald
Sprache: Englisch

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Beschreibung
First published in 1979. This thesis describes the theoretical impact on labour markets of a process of adverse selection similar to that described in outline by George Arthur Akerlof. It concerns the information conveyed to potential employers by the fact that any new worker, except for one just entering the labour force, has either left or is prepared to leave his latest Job. If an employer is able to identify his good workers more accurately than the market at large and is generally successful in retaining them, then the group of workers leaving him will contain a disproportionately small number of good ones. For similar reasons this pool should also contain an unusually large number of bad workers who have been either flied or induced to quit. Thus, workers who change jobs should on average be less able ones. Since the market failures that result have potentially significant consequences in the labour market, this study is devoted to examining their influence on the structure of wages and job tenure, and on the operation and efficiency of labour markets. This title will be of great interest to students of economics and business studies.
First published in 1979. This thesis describes the theoretical impact on labour markets of a process of adverse selection similar to that described in outline by George Arthur Akerlof. It concerns the information conveyed to potential employers by the fact that any new worker, except for one just entering the labour force, has either left or is prepared to leave his latest Job. If an employer is able to identify his good workers more accurately than the market at large and is generally successful in retaining them, then the group of workers leaving him will contain a disproportionately small number of good ones. For similar reasons this pool should also contain an unusually large number of bad workers who have been either flied or induced to quit. Thus, workers who change jobs should on average be less able ones. Since the market failures that result have potentially significant consequences in the labour market, this study is devoted to examining their influence on the structure of wages and job tenure, and on the operation and efficiency of labour markets. This title will be of great interest to students of economics and business studies.
Über den Autor
Greenwald, Bruce C. N.
Inhaltsverzeichnis

1. Introduction 2. Two Period Models 3. Three and Multi-Period Models 4. An Application: The Market for Slaves in Pre-Civil War New Orleans 5. Welfare Implications and Conclusions; Bibliography

Details
Erscheinungsjahr: 2020
Fachbereich: Allgemeines
Genre: Importe, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
ISBN-13: 9780367086411
ISBN-10: 0367086417
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Greenwald, Bruce C. N.
Hersteller: Routledge
Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 216 x 140 x 17 mm
Von/Mit: Bruce C. N. Greenwald
Erscheinungsdatum: 01.08.2020
Gewicht: 0,402 kg
Artikel-ID: 121925268
Über den Autor
Greenwald, Bruce C. N.
Inhaltsverzeichnis

1. Introduction 2. Two Period Models 3. Three and Multi-Period Models 4. An Application: The Market for Slaves in Pre-Civil War New Orleans 5. Welfare Implications and Conclusions; Bibliography

Details
Erscheinungsjahr: 2020
Fachbereich: Allgemeines
Genre: Importe, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
ISBN-13: 9780367086411
ISBN-10: 0367086417
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Greenwald, Bruce C. N.
Hersteller: Routledge
Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, D-36244 Bad Hersfeld, gpsr@libri.de
Maße: 216 x 140 x 17 mm
Von/Mit: Bruce C. N. Greenwald
Erscheinungsdatum: 01.08.2020
Gewicht: 0,402 kg
Artikel-ID: 121925268
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