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How are wages set in an open economy? What role is played by demand pressure, international competition, and structural factors in the labour market? How important is nominal wage rigidity and exchange rate policy for the evolution of real wages and competitiveness? To answer these questions, we...
Persistent link: https://www.econbiz.de/10010261405
In the mid-1980s, many European countries introduced fixed-term contracts. Since then their labor markets have become more dynamic. This paper studies the possible implications of such reforms for the duration distribution of unemployment. I estimate a parametric duration model using...
Persistent link: https://www.econbiz.de/10010261530
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
encourages labor turnover. The combination of these two facts suggests that the labor market provides less training than optimal …
Persistent link: https://www.econbiz.de/10010272716
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
This paper analyzes the impact of formal training on worker mobility. Using data from the Swiss Labor Force Survey, we find that on-the-job search activities and, to a smaller extent, actual job separations are significantly affected by both employer-provided and general training. Moreover,...
Persistent link: https://www.econbiz.de/10010277233
manager turnover on the client–agency relationship, an under-researched area of relationship management literature. Design … to examine the contextual factors impacting account manager turnover. Findings – The findings identify both … organisational and individual contextual factors that influence the outcome of turnover. Categorized into three core contexts (client …
Persistent link: https://www.econbiz.de/10014843967