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Title: Expectations Matter: Job Prospects And Turnover Dynamics
Resulting in 1 citation.
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Munasinghe, Lalith Roshan |
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Expectations Matter: Job Prospects And Turnover Dynamics Labour Economics 13,5 (October 2006): 589-609. Also: http://www.sciencedirect.com/science/article/pii/S0927537105000138 Cohort(s): NLSY79 Publisher: Elsevier Keyword(s): Current Population Survey (CPS) / CPS-Fertility Supplement; Heterogeneity; Job Satisfaction; Job Search; Job Tenure; Job Turnover; Labor Market Outcomes This paper presents evidence on the effects of worker expectations on labor turnover, a topic largely ignored in the voluminous literature on labor mobility. Two survey instruments related to expected job duration and chances of promotion in the National Longitudinal Surveys of Youth are used to analyze the role of job prospects in predicting turnover dynamics. The key empirical finding is that workers with favorable job assessments have a lower and flatter tenure-turnover profile—i.e. the well-known negative structural relationship between the turnover rate and job tenure-than their counterparts with less favorable job assessments. This finding is consistent with search-and-matching theories that explicitly incorporate heterogeneity of prior beliefs about match quality. [ABSTRACT FROM AUTHOR; Copyright 2006 Elsevier] |
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Bibliography Citation
Munasinghe, Lalith Roshan. "Expectations Matter: Job Prospects And Turnover Dynamics." Labour Economics 13,5 (October 2006): 589-609.
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