Employer Size: The Implications for Search, Training, Capital Investment, Starting Wages, and Wage Growth
分析雇主规模如何影响招聘、培训、资本投资和工资决策，发现大企业因监控成本更高而采取不同策略，并利用独特数据集验证了这些关系。
An employer must choose a procedure for screening job applicants, a rate of hire, a training program for new employees, a criterion for the retention of new employees after observing their on-the-job performance, a compensati on package, and a rate of capital investment so as to minimize production costs across time. This paper examines the effects of employer size on these hiring and training decisions when larger employers have greater monitoring costs. A unique data set is employed to estimate the empirical relation among employer size and employer search, training, capital investment, and wages. Copyright 1987 by University of Chicago Press.