Layoffs and Duration Dependence in a Model of Turnover

A semi-Markov model of turnover, resulting from optimizing behavior on the part of workers, is developed. Duration dependence in the transition out of employment is modelled as resulting from a layoff probability which decreases with tenure. Some preliminary results, based on DIME data, are presented. These indicate that a declining hazard rate in the transition out of employment is a significant feature of the data

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Year of publication:	2009
Authors:	Kiefer, Nicholas M.
Other Persons:	Burdett, Ken (contributor) ; Sharma, Sunil (contributor)
Publisher:	[2009]: [S.l.] : SSRN
Subject:	Kündigung \| Dismissal \| Arbeitsmobilität \| Labour mobility \| Dauer \| Duration \| Theorie \| Theory \| Arbeitslosigkeit \| Unemployment \| Schätzung \| Estimation
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of Econometrics, Vol. 28, pp. 51-69, 1985 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments September 16, 2009 erstellt Volltext nicht verfügbar
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013156321