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05-099/3 - Tenure Profiles and Efficient Separation in a Stochastic Productivity Model


  • Authors
    Sebastian Buhai, Erasmus University Rotterdam, and Aarhus School of Business; Coen N. Teulings, University of Amsterdam, and SEO
  • Publication date
    October 21, 2005
  • Keywords
    random productivity growth; efficient bargaining; job tenure; wage growth; wage-tenure profiles; option theory
  • JEL
    C51; C52; J63