|
EconStor >
Forschungsinstitut zur Zukunft der Arbeit (IZA), Bonn >
IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/21162
|
| | |
Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Pfann, Gerard A. | | en_US |
| dc.date.accessioned | | 2009-01-28T16:19:59Z | | - |
| dc.date.available | | 2009-01-28T16:19:59Z | | - |
| dc.date.issued | | 2001 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/21162 | | - |
| dc.description.abstract | | Optimal layoff rules in closed form are derived for all workers in a firm that downsizes under uncertainty and faces heterogeneous firing costs. The theoretical model predicts that the firm displaces workers with low firing costs, low expected future productivity growth, and low layoff option values. The empirical analysis based on personnel records from a Dutch aircraft building company that went bankrupt in 1996 shows that workers with high uncertainty associated with higher than average expected productivity growth are most likely to be retained. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | | | en_US |
| dc.relation.ispartofseries | | IZA Discussion paper series 307 | | en_US |
| dc.subject.jel | | J33 | | en_US |
| dc.subject.jel | | J63 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Layoff rules | | en_US |
| dc.subject.keyword | | firing costs | | en_US |
| dc.subject.keyword | | uncertainty | | en_US |
| dc.subject.keyword | | heterogeneity | | en_US |
| dc.subject.stw | | Personalabbau | | en_US |
| dc.subject.stw | | Kündigung | | en_US |
| dc.subject.stw | | Kosten | | en_US |
| dc.subject.stw | | Arbeitsproduktivität | | en_US |
| dc.subject.stw | | Entscheidung bei Unsicherheit | | en_US |
| dc.subject.stw | | Luftfahrtindustrie | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.subject.stw | | Niederlande | | en_US |
| dc.subject.stw | | Koninklijke Nederlandse Vliegtuigenfabriek, Fokker <Amsterdam> | | en_US |
| dc.title | | Downsizing | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 334835976 | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | - |
| Appears in Collections: | | IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|