کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
10437728 | 912422 | 2005 | 21 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Hierarchical sorting and learning costs: Theory and evidence from the law
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
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چکیده انگلیسی
Garicano and Rossi-Hansberg [Garicano, L., Rossi-Hansberg, E., 2005. Organization and Inequality in a Knowledge Economy. NBER Working Paper 11458] show that knowledge-based hierarchies are characterized by positive sorting between workers and managers when knowledge acquisition takes place before production. We extend the analysis and find that complementarities between manager and worker skill are even stronger when knowledge is acquired on the job. We then examine empirically the existence of sorting in law firms along the dimensions of cognitive ability and experience. We find strong evidence of positive sorting by cognitive ability, as proxied by the quality of the law school attended, but little evidence of sorting by experience, suggesting little substitutability between cognitive ability and experience.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Economic Behavior & Organization - Volume 58, Issue 2, October 2005, Pages 349-369
Journal: Journal of Economic Behavior & Organization - Volume 58, Issue 2, October 2005, Pages 349-369
نویسندگان
Luis Garicano, Thomas N. Hubbard,