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Für das Dienstleistungsunternehmen Krankenhaus bilden Mitarbeiter erwiesenermaßendas wichtigste Kapital. Nicht nur die …
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I revisit the role that bonding contracts, such as pension or minimum employment terms, have on employee turnover. I focus on efficiency of such bonds as well as the necessary contractual structure that it must have in competitive labor markets. I develop a two stage turnover model that, in the...
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