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Job exit of men: new job destination versus unemployment destination

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Job exit of men over the age of forty is described and analysed using monthly observations derived from the 1988-89 UK Retirement Survey. A competing risks model is described and estimated. The results show that tenure and age determine transitions from a job to a new one, whereas those transitions from a job to unemployment are also determined by business cycle variables.
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Document Type: Research Article

Publication date: 1998-09-01

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