The Turnover of Teachers: A Competing Risks Explanation
Peter Dolton and
Wilbert van der Klaauw ()
The Review of Economics and Statistics, 1999, vol. 81, issue 3, 543-550
In this paper, we analyze the decision by teachers to leave the profession in a dependent competing risks framework. The econometric model allows for a flexible, semiparametric specification of the duration-dependence structure and of the unobserved heterogeneity distribution in each exit-specific hazard function. Our results obtained for a large sample of UK teachers affirm the importance of teacher salaries and opportunity wages in the turnover decision of teachers and illustrate the insight gained from differentiating between multiple destinations or exit types. © 1999 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology
JEL-codes: I20 I21 (search for similar items in EconPapers)
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The Review of Economics and Statistics is currently edited by Amitabh Chandra, Olivier Coibion, Bryan S. Graham, Shachar Kariv, Amit K. Khandelwal, Asim Ijaz Khwaja, Brigitte C. Madrian and Rohini Pande
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