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This paper investigates differences in worker turnover characteristics between periods of workforce expansion and contraction in a firm. We derive a Cox proportional hazard model from a simple model of job separation based on the expected surpluses from the firm and its workers. We account for...
Persistent link: https://www.econbiz.de/10013321234
This paper develops a theoretical model of a worker's decision problem under uncertainty about the optimal separation time, when holding a representative outside offer but facing fixed costs of quitting. Implications of the model's closed form solution are consistent with the quit behavior of...
Persistent link: https://www.econbiz.de/10013321238
, with the result that too few hires are made in bad states of the world. Unemployment is involuntary. In an extension to the …
Persistent link: https://www.econbiz.de/10013321277
That football Head Coaches will be dismissed for poor performance and will quit when they have better outside options seems to be nothing more than a statement of the obvious. But owners may find it hard to distinguish poor performance from bad luck and may find it difficult to identify and...
Persistent link: https://www.econbiz.de/10011625327
We examine the role of the housing market in workers' adjustment to job displacement. Dutch administrative data were used and analysed with a quasi-experimental design involving job displacement. The empirical design eliminates the potential of endogenous selection into labour turnover. The...
Persistent link: https://www.econbiz.de/10011704330
Firm shutdown creates a turbulent situation for workers as it leads directly to layoffs for its workers. An additional consideration is whether a firm’s shutdown within an industry creates turbulence for workers at other continuing firms. Using data drawn from the Longitudinal Worker File, a...
Persistent link: https://www.econbiz.de/10011664234
literature suggests that working time accounts are likely to reduce layoffs and inhibit increases in unemployment during …
Persistent link: https://www.econbiz.de/10012120270
This paper investigates the effects of employment protection legislation on the rates of hiring, separation, worker flows, job reallocation, and churning flows for the case of Taiwan. Our empirical identification takes advantage of a reform created by Taiwan's enactment of Labor Standards Law,...
Persistent link: https://www.econbiz.de/10014184596
In this paper sport data are used to study the effects of manager replacement on firm performance. Using match results of the major Italian soccer league ("Series A") we analyze the effects of coach (manager) changes in terms of team performance. From our preliminary estimates, including year...
Persistent link: https://www.econbiz.de/10014211510
rates are nearly acyclic; and (2) separation rates contribute little to the variability of unemployment. In this paper the …) the measured contributions to unemployment variability do not actually decompose total unemployment variability. The … precise decomposition of unemployment variability. Their results disconfirm Shimer's conclusions. More specifically …
Persistent link: https://www.econbiz.de/10014053085