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Allocating Effort and Talent in Professional Labor Markets

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NBER2017-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23824
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In many professional service firms, new associates work long hours while competing in up-or-out promotion contests. Our model explores why these firms require young professionals to take on heavy workloads while simultaneously facing significant risks of dismissal. We argue that the productivity of
创建时间:
2017-09-01
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