A study examined the impact of recruitment policies on the flow of job applicants and quality of new workers. The process of determining a recruitment and selection strategy appeared to be one of considering the trade-offs between engaging in extensive search (high number of applicants per offer) or intensive search (great amount of time spent per…

Employment tests predict job performance because they measure or are correlated with a large set of malleable developed abilities, which are causally related to productivity. Our economy currently under-rewards the achievements that are measured by these tests. Consequently, economic incentives to study hard in high school are minimal, and this…