Internal Promotion and External Recruitment: A Theoretical and Empirical Analysis
Internal Promotion and External Recruitment: A Theoretical and Empirical Analysis
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内部晋升与外部招聘:理论与实证分析
DOI:
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发表时间:
2013
影响因子:
3.8
通讯作者:
H. Morita
中科院分区:
文献类型:
--
作者:
Jed DeVaro;H. Morita
We present a theoretical and empirical analysis of internal promotion versus external recruitment, using a job-assignment model involving competing firms with heterogeneous productivities and two-level job hierarchies with one managerial position. The model predicts that, controlling for the number of managers, increasing the number of lower-level workers is associated with (1) greater internal promotion as opposed to external recruitment, (2) higher profit, and (3) more general training. Empirical analysis of a large cross section of British employers is consistent with these predictions.