ABILITY, PROMOTION, AND OPTIMAL RETIREMENT

成果类型:
Article
署名作者:
STERN, S
刊物名称:
JOURNAL OF LABOR ECONOMICS
ISSN/ISSBN:
0734-306X
DOI:
10.1086/298346
发表日期:
1994
页码:
119-137
关键词:
摘要:
This article considers a model in which the productivity of a worker depends on his experience, ability, and position in the firm. It is shown that workers are sorted in positions based on comparative advantage. Furthermore, workers are induced to retire when productivity is equal to the value of time after adjusting for the reallocation of other workers by positions that would occur if the worker retired.
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