The Importance of Signalling in Job Placement and Promotion - ARCHIVED
Articles and reports: 11F0019M2006236
In a setting where training or promotion opportunity depend on expected initial ability, the effects of signalling initial skills on wages may last well beyond the period when knowledge of a workers' skill set is fully known. This paper proposes extending recent tests for signalling to better accommodate training differences by using firm-level characteristics and applying these tests to a large sample of MBA and law graduates from different ranked schools.
Main Product: Analytical Studies Branch Research Paper Series