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Although many studies have examined whether job stability and security have declined over time, the role of technology in job turnover has received little attention. This analysis examines the relationship between the likelihood that a worker remains at the same job for two years and various...
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Little attention has been given to the link between variation in a firm's circumstances and the resolution of agency problems that pervade the relationship between a firm and its employees. We construct stochastic versions of standard efficiency-wage and performance-bonding models and find that...
Persistent link: https://www.econbiz.de/10005707626
This paper is a chapter in our forthcoming monograph, Job Creation, Job Destruction, and International Competition (W.E. Upjohn Institute, 2003), and expands on the ideas advanced in Klein, Schuh, and Triest (2003). The chapter provides an extensive review of the literature that studies the...
Persistent link: https://www.econbiz.de/10005713305
Although many studies have examined whether job stability and security have declined over time, the role of technology in job turnover has received little attention. This analysis examines the relationship between the likelihood that a worker remains at the same job for two years and various...
Persistent link: https://www.econbiz.de/10005721688
Although common belief and recent evidence point to a decline in "job security," the academic literature to date has been noticeably silent regarding the behavioral underpinnings of declining job security. In this paper, I define job security in the context of implicit contracts designed to...
Persistent link: https://www.econbiz.de/10010702308
Workers are switching jobs more often than in the past. Among the reasons are changes in technology, changes in demographics and changes in such institutions as unions and international trade.
Persistent link: https://www.econbiz.de/10005512594