Firm specific human capital vs. job matching
Subtitle: a new test
By: Erwan Quintin and John J. Stevens.
Contributors: Stevens, John J.
Series: Finance and economics discussion series ;; 2003-33; Finance and economics discussion series (Online) ;; 2003-33.
Publisher: Federal Reserve Board
Published: 2003
Place of publication: Washington, D.C
Language: eng
Format: Electronic resource
Subjects: Labor turnover -- Arizona.; Business failures -- Arizona.
Description: "We use a unique data set on employee turnover by industry in Arizona to test competing theories of turnover.  We find that industries with lower establishment survival rates have more employee turnover, even after controlling for differences in the distribution of employee tenure.  This result is consistent with a model of turnover where employees choose how much firm specific human capital to accumulate, but it is inconsistent with job matching models"--Federal Reserve Board web site.
Notes: Includes bibliographical references.
Title from PDF file as viewed on 7/23/2004.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.