STEADY‐STATE LABOR TURNOVER AS OPTIMAL HOUSEHOLD BEHAVIOR*
作者:
Gene W. Gruver,
Lester A. Zeager,
期刊:
Journal of Regional Science
(WILEY Available online 1994)
卷期:
Volume 34,
issue 1
页码: 75-90
ISSN:0022-4146
年代: 1994
DOI:10.1111/j.1467-9787.1994.tb00856.x
出版商: Blackwell Publishing Ltd
数据来源: WILEY
摘要:
ABSTRACT.Models of the firm with costly labor turnover and models of migration with location‐specific consumption amenities are two standard explanations of the co‐existence of persistent wage differentials with extensive labor mobility. Labor turnover models postulate a worker quit function where the quit rate is inversely related to the regional wage differential in the steady state. We use amenity‐consumption models of migration to show conditions under which this postulate is consistent with household utility maximization. Our model extends standard amenity‐consumption analysis by making the value of amenities contingent on the “state” of the household. These household states are defined in terms of demographic, education, and health characteristics and are assumed to follow a Mar
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