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• W2767526167 startingPage "625" @default.
• W2767526167 abstract "We propose a theory of firm production that requires diverse inputs. We show that in a competitive labor market, firms differ in their skill composition. Organizations with higher total factor productivity (TFP) are larger and hire from a broader range of skills. Technological progress leads to an increase of all wages and results in downsizing. Quantifying productivity using our model shows that a constant elasticity of substitution (CES) production function generates unbiased estimates of TFP but biased estimates of marginal product and elasticity of substitution across skills. Our model also generates estimates of the TFP distribution based on CEO compensation alone." @default.
• W2767526167 created "2017-11-17" @default.
• W2767526167 creator A5018009033 @default.
• W2767526167 creator A5043222365 @default.
• W2767526167 date "2014-07-28" @default.
• W2767526167 modified "2023-10-03" @default.
• W2767526167 title "DIVERSE ORGANIZATIONS AND THE COMPETITION FOR TALENT" @default.
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• W2767526167 doi "https://doi.org/10.1111/iere.12065" @default.
• W2767526167 hasPublicationYear "2014" @default.
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