Quits, layoffs, and job destruction

Wolter Hassink and Lourens Broersma

Applied Economics, 2003, vol. 35, issue 18, 1911-1914

Abstract: We examine the quit-layoff distinction and its implications for job destruction from the employer's perspective. Using a set of panel data of Dutch firms, we get the following results. First, in addition to layoffs, quits contribute to the speed of downward adjustment of labour. Second, about 22% of the jobs of workers who resigned are destroyed. It is not clear-cut whether these resignations are initiated by employers or employees.

Date: 2003
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DOI: 10.1080/0003684032000163329

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