Tanaka, AtsukoAtsukoTanakaHSUAN-CHIH LIN2024-10-152024-10-152020-01https://www.scopus.com/record/display.uri?eid=2-s2.0-85088784734&origin=resultslisthttps://scholars.lib.ntu.edu.tw/handle/123456789/722045This paper studies firms' employee investment decisions based on labor force attachment under a screening model. We first characterize the conditions for pooling/separating equilibria and analyze the associated inefficiency. We find that strengthening the worker's labor force attachment does not always improve social welfare because it may lead to over-investment. The implications help us better understand the contributing factors to the gender wage gap since average job turnover rate is higher among women than men.enfalsejournal article2-s2.0-85088784734