Inefficient Hiring in Entry-Level Labor Markets
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https://www.nber.org/papers/w18917
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Hiring inexperienced workers generates information about their abilities. If this information is public, workers obtain its benefits. If workers cannot compensate firms for hiring them, firms will hire too few inexperienced workers. I determine the effects of hiring workers and revealing more
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美国国家经济研究局创建时间：
2013-03-01
