Job Market Signaling

  • Spence M
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Abstract

1. Introduction, 355.-2. Hiring as investment under uncertainty, 356.-\r
3. Applicant signaling, 358.- 4. Informational feedback and the definition of\r
equilibrium, 359.- 5. Properties of informational equilibria: an example, 361.\r
- 6. The informational impact of indices, 368.- Conclusions, 374.

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Authors

  • Michael Spence

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