Personnel Economics: The Economist's View of Human Resources

摘要: Personnel economics drills deeply into the firm to study human resource management practices like compensation, hiring practices, training, and teamwork. Many questions are asked. Why should pay vary across workers within firms--and how "compressed" be firms? Should firms for their performance on job or skills hours of work? How promotions structured jobs induce optimal effort from employees? do use teams used most effectively? all these incentive teamwork, combined offers new tools answers questions. In this paper, we display principles personnel through a series models aimed at addressing posed above. We focus building blocks that form foundation economics: assumptions both worker rational maximizing agents; labor markets product must reach some price-quantity equilibrium; efficient market failures have introduced inefficiencies; econometrics experimental techniques has advanced our ability identify underlying causal relationships.