This paper uses data from ten waves of the German Socio-Economic Panel to examine the effect of wages and job satisfaction on workers' future quit behavior. Our results show that workers who report dissatisfaction with their jobs are statistically more likely to quit than those with higher...

The research area of the new economics of personnel has a short but important and insightful history. Theory ahead of measurement asks for testing newly developed human resource concepts. These tests often need detailed firm-specific data. Repetition and comparison of results is key in finding...

Leading models of on-the-job search suggest that competition among firms for employed workers - reflected in higher job-to-job transition rates - is an important driver of real wages. Intuitively, workers are better placed to move or bargain for increases in wages, hours or promotions when they...