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- W1534311095 abstract "【キーワード】J24, L25, Organization Capital, Assignment, Persistence 【要約】In this paper, we construct a dynamic assignment model that can provide a unified explanation of persistent differences in productivity, wages, skill mixes and profits between firms in a changing and uncertain environment. Large expected organization capital (firm-specific knowledge) attracts skilled workers, who help to accumulate organization capital. Accumulated large organization capital, in turn, confirms high expectations. This positive feedback brings about persistent differences in these variables in an uncertain environment. We estimate parameters and simulate the model. Our results show that a positive assignment mechanism accounts for a large part of the observed persistence; the difficulty of estimating organization capital plays only an auxiliary role." @default.
- W1534311095 created "2016-06-24" @default.
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- W1534311095 date "2008-02-01" @default.
- W1534311095 modified "2023-09-27" @default.
- W1534311095 title "The Persistence of Differences in Productivity, Wages, Skill Mixes and Profits Between Firms in a Rapidly Changing Environment" @default.
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