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Title: A Multinomial Logit Model of Labor Turnover
Resulting in 1 citation.
1. Mellow, Wesley
A Multinomial Logit Model of Labor Turnover
Journal of Economics and Business 32,3 (Spring 1980): 227-234
Cohort(s): Older Men
Publisher: Temple University Press
Keyword(s): Labor Turnover; Layoffs; Pensions; Quits; Schooling; Wages; Work History

This paper presents a joint analysis of the determinants of quits and layoffs. Specific attention is given to the importance of the wage structure as a determinant of labor turnover. Data are taken from the l966-69 installments of the NLS of Older Men aged 45 to 59 in l966. A worker-specific measure of wage differentials is constructed as the residual from a wage regression estimated with the l966 data; other variables hypothesized to determine turnover decisions are also defined. The l967 and l969 installments document subsequent turnover activity. Multinomial logit analysis is used to estimate the model.
Bibliography Citation
Mellow, Wesley. "A Multinomial Logit Model of Labor Turnover." Journal of Economics and Business 32,3 (Spring 1980): 227-234.