Job Market Signaling

Spence, Michael

doi:10.2307/1882010

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Job Market Signaling

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Abstract

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

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Job Market Signaling

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