The model does a particularly good job in replicating the internal and external flows
(10/n)
The model does a particularly good job in replicating the internal and external flows
(10/n)
How do firms find and replace managerial talent?
Well, they can go out there and try to hire a good employee from another firm, which might be costly and involve frictions...
...or they can look for them inside the firm! (1/n)