On the Job Screening, up or Out Rules, and Firm Growth
本文利用在职筛选构建了一个关于招聘、晋升和解雇政策的随机动态模型，解释了组织中常见的“晋升或淘汰”规则及其对企业就业和产出的影响。
This paper uses on-the-job screening to derive a stochastic and dynamic model of hiring, promotion, and dismissal policies, and their impact on total firm employment and output. The model provides an explanation of the up-or-out rule observed in many organizations. It also provides an explanation for a cost-of-adjustment mechanism for the stock of human capital in a firm.