Tenure and employment contracts: An empirical investigation
This paper exploits a unique data set to explore the importance of key contractual characteristics on the duration of employment tenure. The paper recognises the insights of the human capital and job-matching approaches in informing discussion on employment tenure. Nevertheless, this paper argues that features of the contractual arrangements between employer and employee have been under-emphasised. The paper demonstrates that key features of contracts such as job security develop simultaneously with tenure. A clear lock-in effect is observed in the results.
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Volume (Year): 29 (2002)
Issue (Month): 2 (May)
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