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Lookup NU author(s): Professor Peter Dolton
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In this paper, we analyze the decision by teachers to leave the profession in a dependent competing risks framework. The econometric model allows for a flexible, semiparametric specification of the duration-dependence structure and of the unobserved heterogeneity distribution in each exit-specific hazard function. Our results obtained for a large sample of UK teachers affirm the importance of teacher salaries and opportunity wages in the turnover decision of teachers and illustrate the insight gained from differentiating between multiple destinations or exit types.
Author(s): Dolton P; van der Klaauw W
Publication type: Article
Publication status: Published
Journal: Review of Economics and Statistics
Print publication date: 01/08/1999
ISSN (print): 0034-6535
ISSN (electronic): 1530-9142
Publisher: MIT Press
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