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Please use this identifier to cite or link to this item: http://arks.princeton.edu/ark:/88435/dsp01rj4304545
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dc.contributor.authorRegev, Haimen_US
dc.contributor.authorGronau, Reubenen_US
dc.date.accessioned2011-10-26T01:55:51Z-
dc.date.available2011-10-26T01:55:51Z-
dc.date.issued1997-03-01T00:00:00Zen_US
dc.identifier.urihttp://arks.princeton.edu/ark:/88435/dsp01rj4304545-
dc.description.abstractJob turnover is a major sources of labor turnover, and perhaps a contributing factor to unemployment. Job turnover in Israeli manufacturing, in spite of the rigidity of the labor market, does not differ from job turnovers in Europe and North America. New jobs in expanding and new firms increase employment by 10 percent, and contracting and closing firms destroy about 8 percent of all jobs annually. Job turnover can be explained in the framework of a dynamic model of labor demand. The major driving force behind the change in employment are changes in productivity. The negative correlation between the demand for labor and changes in wages is less pronounced. Adjustment costs result in inbuilt inertia in job turnover. The inertia effect is, however, asymmetric. Declines in employment have a much stronger effect than emp- loyment increases.en_US
dc.relation.ispartofseriesWorking Papers (Princeton University. Industrial Relations Section) ; 378en_US
dc.subjectlaboren_US
dc.subjectjob turnoveren_US
dc.subjectIsraeli manufacturingen_US
dc.titleThe Demand for Labor and Job Turnover: Israeli Manufacturing 1970 - 1994en_US
dc.typeWorking Paperen_US
pu.projectgrantnumber360-2050en_US
Appears in Collections:IRS Working Papers

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