Excerpt from Length of Service, Terminations and the Nature of the Employment Relationship
The responses to a mail questionnaire which we recently sent to a large sample of u.s. Firms have provided useful data for answering the above questions. Based on our survey results, we reach two central conclusions. First, for a large majority of both union and nonunion employees, protection against job loss grows with seniority. Reasonable estimates are that over 80 percent of nonunion employees and almost 100 percent of union employees are employed in settings where senior employees are favored substantially in reduction in force decisions, so that junior employees are laid off instead of senior employees considered to be worth less on net to the firm. Second.
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Excerpt from Length of Service, Terminations and the Nature of the Employment Relationship
Length of Service, Terminations and the Nature of the Employment Relationship October 1982 Revised January 1983
K.G. Abraham
J.L. Medoff
Massachusetts Institute of Technology
and National Bureau of Economic Research;
Harvard University
and National Bureau of Economic Research
We are grateful to Henry Farber for consultations concerning the maximum likelihood estimated presented in this paper. Steven Bloom and Martin Van Denburgh gave invaluable assistance in carrying out the research to be discussed. We also owe thanks to Joyce Yearwood and Theresa Donovan for their careful preparation of the manuscript. This study has been supported by the National Science Foundation (Grant Ses 82-08-539) and the National Bureau of Economic Research (under its program for research on labor economics).
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Cantidad disponible: 15 disponibles