Seniority, Sectoral Decline, and Employee Retention: An Analysis of Layoff Unemployment Spells
AbstractThe authors investigate the effect of tenure on employee retention under varying labor market conditions. Using a competing risks analysis of recall and new job acceptance applied to layoff unemployment spell data from waves fifteen and sixteen (1982-83) of the Panel Study of Income Dynamics, they find that adverse conditions (sectoral employment decline) significantly reduce the positive tenure effect on recall probabilities. This result is consistent with firm default on delayed payment contracts and does not appear to reflect the effect of technological change on the value of firm-specific investments. Copyright 1996 by University of Chicago Press.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by University of Chicago Press in its journal Journal of Labor Economics.
Volume (Year): 14 (1996)
Issue (Month): 4 (October)
Contact details of provider:
Web page: http://www.journals.uchicago.edu/JOLE/
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Bayo-Moriones, Alberto & Galdón Sánchez, José Enrique & Güell, Maia, 2004.
"Is Seniority-Based Pay Used as a Motivation Device? Evidence from Plant Level Data,"
CEPR Discussion Papers
4606, C.E.P.R. Discussion Papers.
- Alberto Bayo-Moriones & Jose E. Galdon-Sanchez & Maia Guell, 2004. "Is seniority-based pay used as a motivation device? Evidence from plant level data," LSE Research Online Documents on Economics 19944, London School of Economics and Political Science, LSE Library.
- Alberto Bayo-Moriones & Jose E. Galdon-Sanchez & Maia Güell, 2004. "Is Seniority-Based Pay Used as a Motivation Device? Evidence from Plant Level Data," CEP Discussion Papers dp0646, Centre for Economic Performance, LSE.
- Alberto Bayo-Moriones & Jose E. Galdon-Sanchez & Maia Güell, 2004. "Is Seniority-Based Pay used as a Motivation Device? Evidence from Plant Level Data," Working Papers 138, Barcelona Graduate School of Economics.
- Bayo-Moriones, Alberto & Galdon-Sanchez, Jose Enrique & Güell, Maia, 2004. "Is Seniority-Based Pay Used as a Motivation Device? Evidence from Plant Level Data," IZA Discussion Papers 1321, Institute for the Study of Labor (IZA).
- Francois, P. & Roberts, J., 2001.
"Contracting Productivity Growth,"
2001-35, Tilburg University, Center for Economic Research.
- Patrick Francois & Joanne Roberts, 2003. "Contracting Productivity Growth," Review of Economic Studies, Oxford University Press, vol. 70(1), pages 59-85.
- Patrick Francois & Joanne Roberts, 2003. "Contracting Productivity Growth," Review of Economic Studies, Wiley Blackwell, vol. 70(1), pages 59-85, January.
- Robert G. Valletta, 1998. "Declining job security," Working Papers in Applied Economic Theory 98-02, Federal Reserve Bank of San Francisco.
- Bruce Fallick & Keunkwan Ryu, 2003.
"The Recall and New Job Search of Laid-off Workers: A Bivariate Proportional Hazard Model with Unobserved Heterogeneity,"
ISER Discussion Paper
0592, Institute of Social and Economic Research, Osaka University.
- Bruce Fallick & Keunkwan Ryu, 2007. "The Recall and New Job Search of Laid-Off Workers: A Bivariate Proportional Hazard Model with Unobserved Heterogeneity," The Review of Economics and Statistics, MIT Press, vol. 89(2), pages 313-323, May.
- Bruce Fallick & Keunkwan Ryu, 2003. "The recall and new job search of laid-off workers: a bivariate proportional hazard model with unobserved heterogeneity," Finance and Economics Discussion Series 2003-22, Board of Governors of the Federal Reserve System (U.S.).
- Hallberg, Daniel, 2008.
"Economic fluctuations and retirement of older employees,"
Working Paper Series
2008:2, IFAU - Institute for Evaluation of Labour Market and Education Policy.
- Daniel Hallberg, 2011. "Economic Fluctuations and Retirement of Older Employees," LABOUR, CEIS, vol. 25(3), pages 287-307, 09.
- Uwe Jirjahn & Jens Mohrenweiser & Uschi Backes-Gellner, 2010.
"Works Councils and Learning: On the Dynamic Dimension of Codetermination,"
Research Papers in Economics
2010-06, University of Trier, Department of Economics.
- Uwe Jirjahn & Jens Mohrenweiser & Uschi Backes‐Gellner, 2011. "Works Councils and Learning: On the Dynamic Dimension of Codetermination," Kyklos, Wiley Blackwell, vol. 64(3), pages 427-447, 08.
- Uwe Jirjahn & Jens Mohrenweiser & Uschi Backes-Gellner, 2009. "Works Councils and Learning: On the Dynamic Dimension of Codetermination," Working Papers 0116, University of Zurich, Institute for Strategy and Business Economics (ISU), revised Nov 2010.
- Chen, Ming-Yuan, 2002. "Survival duration of plants: Evidence from the US petroleum refining industry," International Journal of Industrial Organization, Elsevier, vol. 20(4), pages 517-555, April.
- Uwe Jirjahn, 2010. "Nonunion Worker Representation and the Closure of Establishments: German Evidence on the Role of Moderating Factors," Research Papers in Economics 2010-01, University of Trier, Department of Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Journals Division).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.