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Table of Contents 1 Personnel economics and non-competitive labour markets 1 2 The optimal skill ratio 11 3 The hours-employment trade-off 27 4 Temporary or permanent? 45 5 Managing adverse selection in recruiting 62 6 Optimal compensation schemes : foundation 82 7 Pay for performance with wage constraints 107 8 Relative compensation and efficiency wage 132 9 Training and human capital investment 152 10 Training investment in imperfect labour markets 171 11 Job destruction 187 12 Further issues in employment protection legislation 202 13 Teams of group incentives 218 App. A Labour demand at the firm level 232 App. B Constrained optimization 238.
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Table of Contents 1 Personnel economics and non-competitive labour markets 1 2 The optimal skill ratio 11 3 The hours-employment trade-off 27 4 Temporary or per
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The leading textbook on imperfect labor markets and the institutions that affect them—now completely updated and expanded Today's labor markets are witnessing
The leading textbook on imperfect labor markets and the institutions that affect them—now completely updated and expanded Today's labor markets are witnessing
