| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20825 |
| 来源ID | Working Paper 20825 |
| Exploration for Human Capital: Evidence from the MBA Labor Market | |
| Camelia M. Kuhnen; Paul Oyer | |
| 发表日期 | 2015-01-12 |
| 出版年 | 2015 |
| 语种 | 英语 |
| 摘要 | We empirically investigate the effect of uncertainty on corporate hiring. Using novel data from the labor market for MBA graduates, we show that uncertainty regarding how well job candidates fit with a firm’s industry hinders hiring, and that firms value probationary work arrangements that provide the option to learn more about potential full-time employees. The detrimental effect of uncertainty on hiring is more pronounced when firms face greater firing and replacement costs, and when they face less direct competition from other similar firms. These results suggest that firms faced with uncertainty use similar considerations when making hiring decisions as when making decisions regarding investment in physical capital. |
| 主题 | Financial Economics ; Corporate Finance ; Labor Economics ; Labor Market Structures ; Other ; Accounting, Marketing, and Personnel |
| URL | https://www.nber.org/papers/w20825 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/578500 |
| 推荐引用方式 GB/T 7714 | Camelia M. Kuhnen,Paul Oyer. Exploration for Human Capital: Evidence from the MBA Labor Market. 2015. |
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