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We analyze how quits responded to arbitrary differences in own and peer wages using an unusual feature of a pay raise at a large U.S. retailer. The firm's use of discrete pay steps created discontinuities in raises, where workers earning within 1 cent of each other received new wages that...
Persistent link: https://www.econbiz.de/10011307343
workers is driven not by natives leaving unions, but by the different composition of turnover depending on the share of …
Persistent link: https://www.econbiz.de/10011653174
literature suggests that working time accounts reduce turnover and inhibit increase in unemployment during recessions. In a model … of optimal choice of hours by a firm I show that working time account does not necessarily guarantee lower turnover …. Turnover may be reduced or increased depending on whether a firm meets economic downturn with surplus or deficit of hours and …
Persistent link: https://www.econbiz.de/10011653388
In this paper, we study the role of coworker referrals for labor market outcomes. Using comprehensive Danish administrative data covering the period 1980 to 2005, we first document a strong tendency of workers to follow their former coworkers into the same establishments and provide evidence...
Persistent link: https://www.econbiz.de/10012005971
persistent driver shortages and high levels of firm‐level turnover, and predicting significant resulting constraints on the …
Persistent link: https://www.econbiz.de/10011931778
This paper investigates differences in worker turnover characteristics between periods of workforce expansion and … in turnover behavior. A generally important result is that smooth functional forms of the age effect on worker mobility …
Persistent link: https://www.econbiz.de/10010262407
We develop a product market theory that explains why firms invest in general training of their workers. We consider a model where firms first decide whether to invest in general human capital, then make wage offers for each others? trained employees and finally engage in imperfect product market...
Persistent link: https://www.econbiz.de/10010262533
The paper uses data from the International Social Surveys Program (ISSP) to investigate work-related stress among a group of 15 OECD countries. It examines the determinants of work-related stress and explores the importance of work-related stress as a predictor of individuals' quitting behaviour...
Persistent link: https://www.econbiz.de/10010262746
We construct a general dynamic structural model of two-sided learning between a firm and its workers. We estimate an empirical version of the model using personnel data from Fokker Aircraft that cover the path of layoffs and quits through its bankruptcy. We find that the firm learns about its...
Persistent link: https://www.econbiz.de/10010274098
that these lower returns are due to on-the-job training being more closely related to turnover and more geared toward …
Persistent link: https://www.econbiz.de/10010274594