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Threat of Dismissal: Incentive or Sorting?

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Author Info
Illoong Kwon

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Abstract

Many people are fired from their jobs for poor performance. However, it is difficult to distinguish whether they are fired because they are not well suited for their job (sorting explanation) or because the firms are trying to provide incentives for effort (incentive explanation). This paper develops a dynamic incentive model of dismissal and proposes a methodology to distinguish between these two explanations. The methodology rests on the learning-by-doing and the changes in the slope of dismissal probability with respect to tenure. With our unique personnel data, we find significant evidence for the incentive explanation

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Publisher Info
Paper provided by Econometric Society in its series Econometric Society 2004 North American Summer Meetings with number 114.

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Date of creation: 11 Aug 2004
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Handle: RePEc:ecm:nasm04:114

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Related research
Keywords: Dismissal; Moral Hazard; Sorting; Learning;

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Find related papers by JEL classification:
D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information
D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts

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This page was last updated on 2009-12-2.


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