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Labor Economics, 1e: A W. W. Norton StudySpace
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Quantitative Problems
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Quantitative Problems
Ebook
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Chapter Learning Objectives
Chapter Study Outline
Chapter Quiz
Quiz Result
Review Questions
Quantitative Problems
Ebook
Study Plan
Chapter Learning Objectives
Chapter Study Outline
Chapter Quiz
Quiz Result
Review Questions
Quantitative Problems
Ebook
Study Plan
Chapter Learning Objectives
Chapter Study Outline
Chapter Quiz
Quiz Result
Review Questions
Quantitative Problems
Ebook
Study Plan
Chapter Learning Objectives
Chapter Study Outline
Chapter Quiz
Quiz Result
Review Questions
Quantitative Problems
Ebook
Study Plan
Chapter Learning Objectives
Chapter Study Outline
Chapter Quiz
Quiz Result
Review Questions
Quantitative Problems
Ebook
Study Plan
Chapter Learning Objectives
Chapter Study Outline
Chapter Quiz
Quiz Result
Review Questions
Quantitative Problems
Ebook
Study Plan
Chapter Learning Objectives
Chapter Study Outline
Chapter Quiz
Quiz Result
Review Questions
Quantitative Problems
Ebook
Study Plan
Chapter Learning Objectives
Chapter Study Outline
Chapter Quiz
Quiz Result
Review Questions
Quantitative Problems
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Study Plan
Chapter Learning Objectives
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In This Chapter
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Chapter 16
Careers and Employment Relation
Chapter Learning Objectives
Understand the general characteristics of internal labor markets (ILMs).
Recognize the particular facts that the typical careers exhibit a remarkable durability, earnings depend on individual performance and hierarchical concerns, and the ILM is not well shielded from the external labor market (ELM).
Understand how the long-term nature of careers facilitate investments in human capital, information, reputations.
Explain the fundamentals of the rat race.
Recognize the importance of reputational investments in explaining why agents may be prepared to trust relational contracts, which include nonenforceable elements.
Understand the economics of the Peter principle.
Distinguish a firm’s employees from its independent contractors.