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