The Productivity Effects of Worker Replacement in Young Firms

Murmann, Martin

doi:10.2139/ssrn.2921842

Cited by 2 publications

(3 citation statements)

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“…Labor force data. We draw individual data on the Italian workforce from the EU Labour Force Survey (LFS), from which we have annual information on individuals aged between 15 and 64 years in 5-year age 46 This measure has been widely used in the empirical literature to assess the consequences of workers' replacement on firms' performance (see among the others Baron, Burton, and Hannan 1996;Burgess, Lane, andStevens 2000a, 2000b;Murmann 2017;Park and Shaw 2013). We obtain similar results when we use alternative definitions of turnover.…”

Section: Data and Descriptive Statisticsmentioning

confidence: 81%

“…We draw individual data on the Italian workforce from the EU Labour Force Survey (LFS), from which we have annual information on individuals aged between 15 and 64 years in 5-year age 46 This measure has been widely used in the empirical literature to assess the consequences of workers' replacement on firms' performance (see among the others Baron, Burton, and Hannan 1996;Burgess, Lane, andStevens 2000a, 2000b;Murmann 2017;Park and Shaw 2013). We draw individual data on the Italian workforce from the EU Labour Force Survey (LFS), from which we have annual information on individuals aged between 15 and 64 years in 5-year age 46 This measure has been widely used in the empirical literature to assess the consequences of workers' replacement on firms' performance (see among the others Baron, Burton, and Hannan 1996;Burgess, Lane, andStevens 2000a, 2000b;Murmann 2017;Park and Shaw 2013).…”

Section: Data and Descriptive Statisticsmentioning

confidence: 99%

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Labor Courts and Firing Costs: The Labor‐Market Effects of Trial Delays

Gianfreda¹,

Vallanti²

2020

Industrial Relations

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Employment protection is the result of labor laws as well as of institutional factors not encompassed in official legislation. Courts' delays in settling labor disputes are among those factors. Using individual data from the Italian Labour Force Survey (2008)(2009)(2010) and exploiting the territorial heterogeneity in the duration of labor trials across Italian regions we investigate the effect of courts' delays on the composition of employment. We find that labor courts' delays reduce the employment rate and increase inactivity of specific categories of workers, i.e., women, young, and low-skilled individuals; they also reduce the likelihood of accessing a permanent occupation and increase the incidence of long-term unemployment for the same groups of workers.There are no fixed times for the administration of justice, or its execution, in this unaccountable country. (Pictures from Italy, Charles Dickens, 1846) 42 / GIUSEPPINA GIANFREDA AND GIOVANNA VALLANTI 10 If wages are flexible, then the transfer component of firing costs (i.e., severance payment component) translates into lower initial wages, with smaller or no effects on firms' hiring decision (Lazear 1990). However, in the absence of full contractual flexibility in the wage-setting process, severance payments still have real effects on employment (Garibaldi and Violante 2005; Kahn 2007). 11 On empirical grounds, firing costs have been shown to negatively affect job flows (

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Section: Data and Descriptive Statisticsmentioning

confidence: 81%

Section: Data and Descriptive Statisticsmentioning

confidence: 99%

Labor Courts and Firing Costs: The Labor‐Market Effects of Trial Delays

Gianfreda¹,

Vallanti²

2020

Industrial Relations

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“…i The term excess employee turnover comes from the fact that employee turnover due to employee replacement occurs in excess of the employee turnover that would be necessary due to a decline or an increase in employment size (Murmann 2015).…”

Section: Appendixmentioning

confidence: 99%

Improving dynamics or destroying human capital? The nexus between excess turnover and performance

Wynen

Kleizen

2017

Rev Manag Sci

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The flow of employees leaving the organization and the necessity of finding and training suitable replacements is an important issue in the day-to-day management of organizations.However, the body of research empirically examining the exact effects of such employee flows on the performance of organizations remains relatively underdeveloped. This article aims to increase our understanding of this topic by unraveling the link between excess employee turnovera concept incorporating both the entry and exit of employeesand the performance of US public sector organizations. The results indicate that a linear negative relationship between excess employee turnover and performance surfaces in a time-lagged manner. This finding first of all suggests that human resource management should continue to devote attention to turnover and employee retention, and secondly implies that researchers should specifically take into account potential medium to long-term effects when studying excess turnover.

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The Productivity Effects of Worker Replacement in Young Firms

Cited by 2 publications

References 50 publications

Labor Courts and Firing Costs: The Labor‐Market Effects of Trial Delays

Labor Courts and Firing Costs: The Labor‐Market Effects of Trial Delays

Improving dynamics or destroying human capital? The nexus between excess turnover and performance

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