Catching hipos: screening, wages, and competing for a job

Maarten C.W. Janssen

Oxford Economic Papers, 2002, vol. 54, issue 2, 321-333

Abstract: In this paper, I study the wage a firm sets to attract high ability workers (hipos) in situations where people compete for a job. I show that the more people compete, the larger a firm's incentives to sort high and low ability workers. Moreover, workers will signal their (high) ability in situations with many competitors only if a job offers a high enough wage. The main result, therefore, is that a firm sets higher wages, when more people compete. Copyright 2002, Oxford University Press.

Date: 2002
References: Add references at CitEc
Citations: View citations in EconPapers (3)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:oxecpp:v:54:y:2002:i:2:p:321-333

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Oxford Economic Papers is currently edited by James Forder and Francis J. Teal

More articles in Oxford Economic Papers from Oxford University Press Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().