The Quit-Layoff Distinction and Related Topics in Labor Turnover

这项研究的目的是开发一种与有效劳动力市场完全一致的裁员的另一种解释。具体地说，这项研究将专注于理论和实证工作，在一个匹配框架内分析离职和裁员，该框架将离职解释为共同财富最大化行为的结果。动态表示将取代现货市场序列的假设。这将延续到营业额结构模型的估计和存在内生营业额的工资方程估计。该项目的其他方面包括分析(A)临时裁员和召回，(B)补贴失业保险的影响，以及(3)联合财富最大化和固定工资模式之间的可测试差异。$政府在企业-工人关系中的干预作用取决于劳动力市场在由市场力量决定的情况下运行的效率。裁员的存在被一些人解读为劳动力市场在分配劳动力和缓解失业方面没有有效运行的证据。这个项目开发了一种对裁员的另一种解释，这可能与有效的劳动力市场完全一致。该项目的大部分内容将集中于检查裁员是否确实与高效运营的劳动力市场一致的证据。可能的政策相关性是，重新分类对失业保险制度的估计影响将不再是裁员，而是以质量换取福利。

The purpose of this research is to develop an alternative interpretation of layoffs which is fully consistent with an efficient labor market. Specifically, this research will focus on theoretical and empirical work which analyzes quits and layoffs within a matching framework that interprets separations as the outcome of joint wealth- maximizing behavior. A dynamic representation will replace the assumption of a sequence of spot markets. This will carry over to the estimation of structural models of turnover and wage equation estimation in the presence of endogenous turnover. Other aspects of the project include analyses of (a) temporary layoff and recall, (b) the effect of subsidized unemployment insurance, and (3) the testable differences between the joint wealth-maximizing and rigid-wage models. $$$ The role for government intervention in firm-worker relationships depends on how efficiently the labor market operates when left to market forces. The existence of layoffs has been interpreted by some as evidence that the labor market does not operate efficiently in the allocation of labor and the mitigation of unemployment. This project develops an alternative interpretation of layoffs which may be fully consistent with an efficient labor market. Much of the project will focus on examining the evidence as to whether layoffs are in fact consistent with an efficiently operating labor market. Of possible policy relevance would be the estimated effect on the unemployment insurance system of reclassifying would be quits as layoffs to quality for benefits.