Leaving Teaching in the UK: A Duration Analysis
Peter Dolton and
Wilbert van der Klaauw ()
Economic Journal, 1995, vol. 105, issue 429, 431-44
In this paper, the authors analyze the decision by teachers to leave the profession. Their results affirm the importance of relative earnings in the tenure and turnover decisions of teachers. The econometric modeling approach used yields important insights into the appropriateness of adopting a flexible, semiparametric specification of the duration dependence structure and of the unobserved heterogeneity distribution in duration models. Copyright 1995 by Royal Economic Society.
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