@TechReport{iza:izadps:dp2309, author={Habermalz, Steffen}, title={The Speed of Employer Learning and Job Market Signaling Revisited}, year={2006}, month={Sep}, institution={Institute of Labor Economics (IZA)}, address={Bonn}, type={IZA Discussion Paper}, number={2309}, url={https://www.iza.org/publications/dp2309}, abstract={This paper discusses the claim made in Altonji and Pierret (1997) and Lange (2005) that a high speed of employer learning indicates a low value of job market signaling. The claim is first discussed intuitively in light of Spence’s original model and then evaluated in a simple extension of a model developed in Altonji and Pierret (1997). The analysis provided indicates that, if employer learning is incomplete, a high speed of employer learning is not necessarily indicative of a low value of job market signaling.}, keywords={employer learning;signaling}, }