Type of Publication: | Journal article |
Author: | Schwerdt, Guido |
Year of publication: | 2011 |
Published in: | Labour Economics ; 18 (2011), 1. - pp. 93-101. - ISSN 0927-5371. - eISSN 0927-5371 |
DOI (citable link): | https://dx.doi.org/10.1016/j.labeco.2010.08.003 |
Summary: |
Involuntary job loss in administrative data is commonly identified by exploiting the exogenous nature of mass layoffs or plant closures. However, prior knowledge can lead to selection in the labor turnover of distressed firms. This paper proposes a simple method to determine if and when selective turnover sets in. Based on a rich administrative data set for Austria, we show that separations up to two quarters before plant closure should be included in the treatment group. Moreover, we find that early leavers are associated with significantly lower costs of job loss due to plant closure.
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Subject (DDC): | 330 Economics |
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SCHWERDT, Guido, 2011. Labor turnover before plant closure : "Leaving the sinking ship" vs. "Captain throwing ballast overboard". In: Labour Economics. 18(1), pp. 93-101. ISSN 0927-5371. eISSN 0927-5371. Available under: doi: 10.1016/j.labeco.2010.08.003
@article{Schwerdt2011Labor-28582, title={Labor turnover before plant closure : "Leaving the sinking ship" vs. "Captain throwing ballast overboard"}, year={2011}, doi={10.1016/j.labeco.2010.08.003}, number={1}, volume={18}, issn={0927-5371}, journal={Labour Economics}, pages={93--101}, author={Schwerdt, Guido} }
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