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- W2597067704 abstract "We develop and test a theory examining how frictions that restrict mobility within an industry (e.g., covenants-not-to-compete) interact with frictions constraining mobility across industries (e.g., industry-specific human capital) to impact the strategic management of human capital across the employment lifecycle. Using a difference-in-difference estimation strategy, we demonstrate that in occupations with a greater degree of industry-specific human capital (e.g., technical occupations), greater enforceability of noncompetes is associated with a reduction in new hire experience, longer employee tenure, greater firm-sponsored investment in human capital, and lower wages relative to occupations with less industry-specific human capital (e.g., business occupations). Our study contributes to the strategic human capital literature by showing that interactions between mobility frictions result in heterogeneous effects across occupations over the employment life cycle." @default.
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- W2597067704 date "2018-03-22" @default.
- W2597067704 modified "2023-09-28" @default.
- W2597067704 title "Strategic Human Capital Management in the Context of Cross-Industry and Within-Industry Mobility Frictions" @default.
- W2597067704 hasPublicationYear "2018" @default.
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