haku: @author Burgess, S. / yhteensä: 7
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Tekijä:Burgess, S.
Nickell, S.
Otsikko:Labour turnover in UK manufacturing
Lehti:Economica
1990 : AUG, VOL. 57:227, p.295-318
Asiasana:LABOUR TURNOVER
MANUFACTURING
UNITED KINGDOM
LABOUR MARKETS
LAY-OFFS
Kieli:eng
Tiivistelmä:A model of quits is constructed and combined with a labour demand function to produce a model of layoffs. These are combined to provide an explanation of separations. The main feature of this is the explicit incorporation of the interaction between quits and layoffs. A linear approximation and a structural form are estimated on UK manufacturing data for 1965-82. It was found that separations are dominated by quits. Quits move pro-cyclically and are strongly influenced by the degree of tightness of the labour market. Furthermore, those factors that lead to a decline in the manufacturing labour force will increase layoffs but will reduce quits in the long run.
SCIMA tietueen numero: 92089
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