Involuntary Terminations Under Explicit And Implicit Employment Contracts

Cover Involuntary Terminations Under Explicit And Implicit Employment Contracts
Involuntary Terminations Under Explicit And Implicit Employment Contracts
James L Medoff
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080 . 062 . 122 . 094 026 . 022 . 087 . 073 . 122 . 109 015 . 011 . 083 . 075 . 140 . 140 014 . 014 . 145 . 148 . 199 . 206 014 . 012 . 309 . 333 . 397 . 423 a All of the models estimated for this table were probit equations. The samples used to estimate the models consist of white male Company B employees who worked at regular full- time managerial or professional jobs in the continental U. S. As of either May 31 of year t (models 1 and 2) or May 31 of year t+1 (models 3 through 6) . The depen...dent variables are as specified in the table and the independent variables are based on information for either May 31 of year t or May 31 of year t+1. The dependent variable for models 1 and 2 has a mean value of . 022; that for models 3 and 4, a mean value of . 12 3; and that for models 5 and 6, a mean value of . 177. Of those in the first (second) sample, 14. 1 percent (14. 0 percent) had less than 3 years tenure as of May 31 of year t (May 31 of year t+1); 28. 4 percent (25. 4 percent) had 3 to 10 years tenure; 26.

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