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Worker visibility and firms' retention policies
Journal of Economics & Management Strategy ( IF 2.245 ) Pub Date : 2020-11-19 , DOI: 10.1111/jems.12404
Simon Dato 1 , Andreas Grunewald 2 , Matthias Kräkel 1
Affiliation  

In the last two decades, the widespread use of web‐based social networks has led to a higher visibility of workers to the labor market. We theoretically and experimentally analyze the consequences of such increased labor market transparency for the efficiency of job assignments, the wages of workers, and firm profits. Our theoretical results show that higher visibility of workers increases the efficiency of job assignments, leads to a redistribution of income between workers of different ability, and increases overall surplus. Our experimental findings generally support the theoretical results with the exception that increased visibility leads to higher worker turnover such that surplus does not increase.

中文翻译:

工人可见度和公司的保留政策

在过去的二十年中,基于Web的社交网络的广泛使用导致工人对劳动力市场的了解度更高。我们在理论上和实验上分析了这种劳动力市场透明度提高对工作分配效率,工人工资和企业利润的影响。我们的理论结果表明,提高工人的知名度可以提高工作分配的效率,导致不同能力的工人之间收入的重新分配,并增加了总体盈余。我们的实验结果大体上支持理论结果,不同的是可见度提高导致工人离职率提高,从而使剩余不增加。
更新日期:2020-11-19
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