Excerpt
Excerpt
Inefficient Hiring in Entry-Level Labor Markets. Amanda Pallais, February 25, 2013, Paper. "Hiring inexperienced workers generates information about their abilities. If this information is public, workers obtain its benefits. If workers cannot compensate firms for hiring them, firms will hire too few inexperienced workers. I determine the effects of hiring workers and revealing more information about their abilities through a field experiment in an online marketplace. I hired 952 randomly-selected workers, giving them either detailed or coarse public evaluations..." Link Verified October 18, 2014