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Title: Interrelated Quits: An Empirical Analysis of the Utility Maximizing Mobility Hypothesis
Resulting in 1 citation.
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Antel, John J. |
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Interrelated Quits: An Empirical Analysis of the Utility Maximizing Mobility Hypothesis Review of Economics and Statistics 70,1 (February 1988): 17-22. Also: http://www.jstor.org/stable/1928146 Cohort(s): Young Men Publisher: Harvard University Press Keyword(s): Behavior; Educational Attainment; Job Search; Mobility; Quits; Wages; Work Experience Permission to reprint the abstract has not been received from the publisher. It is demonstrated how the circumstances of quitting a previous job affect the probability of a later voluntary job change. In the theoretical section, a model of expected utility-maximizing job search and mobility is described. The argument is that workers who voluntarily change jobs but search only when employed are less likely to quit again. This implication can be tested without measuring job utility. The sample comprises 2,182 young white males, with the data derived from the NLS of Young Men. Job histories were recorded between the 1969 and 1970 or 1970 and 1971 annual surveys. Results suggest that wages negatively and significantly affect quitting; experience and education variables are generally negatively related to quitting. The results provide empirical support for a model of utility-maximizing voluntary mobility. Such optimizing behavior suggests that the method of previous job search is related to the probability of later quitting. [ABI/INFORM] |
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Bibliography Citation
Antel, John J. "Interrelated Quits: An Empirical Analysis of the Utility Maximizing Mobility Hypothesis." Review of Economics and Statistics 70,1 (February 1988): 17-22.
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