| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2588 |
| DP2588 Location and Education in South African Cities Under and After Apartheid | |
| Yves Zenou; Harris Selod | |
| 发表日期 | 2000-10-24 |
| 出版年 | 2000 |
| 语种 | 英语 |
| 摘要 | This paper develops a theoretical model of optimal quit behaviour for a worker who holds an option to quit but faces a fixed cost of quitting. A worker will accept the outside offer only if the net present value of the difference in expected future cash flows associated with the old and the new job exceeds the costs of quitting plus the value of keeping the option to quit open. The implications of the model are consistent with some empirical facts of quit behaviour that we observe in manufacturing data in the US and in plant level data in The Netherlands. |
| 主题 | Labour Economics |
| 关键词 | Job mobility Fixed costs Timing Downsizing Voluntary turnover |
| URL | https://cepr.org/publications/dp2588 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531656 |
| 推荐引用方式 GB/T 7714 | Yves Zenou,Harris Selod. DP2588 Location and Education in South African Cities Under and After Apartheid. 2000. |
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