The Insider-Outsider theory is an attempt, through the Labour Turnover Costs (LTC), to explain the clash of interests …

rising turnover costs; and insufficient attention to succession planning, internal promotion, and leadership development …

develop exit strategies. Major problems are: rising turnover costs; and insufficient attention to succession planning …

macroeconomic volatilities. In our subsequent empirical estimations, we find that higher labor turnover costs have a statistically …

macroeconomic volatilities. In our subsequent empirical estimations, we find that higher labor turnover costs have a statistically …

standard model is enhanced by real wage rigidities or labor turnover costs, an endogenous short-run inflation-output tradeoff … alike should pay more attention to labor turnover costs for the following reasons. First, a model with labor turnover costs … rigidities. Second, labor turnover costs are the dominant source for the inflation-output tradeoff when both rigidities are …