Economic Analysis of Human Resource Allocation

点击翻译按钮获取中文摘要

This project is aimed at analyzing the role of human resource allocation on the productivity and hierarchy in the society. We summarize the results below. To understand how human resource allocation influences the aggregate productivity, we theoretically analyzed the relation between higher education and human resource allocation and between a firm specific human capital and human resource allocation. We also empirically investigated how the changes in presidents at Japanese corporations change the firms' strategy. To understand how human resource allocation influences the hierarchy in the society, we empirically investigated the relation between promotion and lateral transfer and how managers' tenure in target influences the retention rate as a director after M&A. We also applied a previously developed model to Japanese data to understand the hierarchy across firms. Finally, we accumulated several data such as university ranking and career for bureaucrats.