Hiring risky workers

Some evidence

Simon Burgess, Julia Lane, David Stevens

Research output: Contribution to journalArticle

Abstract

Lazear recently suggested that firms that do not expect to live for a long time will hire only safe workers. Hence their worker turnover will be lower. In this paper we test this hypothesis using both the industry growth rate and industry-average age of establishments as measures of the horizon for a particular firm. We find mixed results, both at the industry level and at the establishment level. Establishments in growing industries do indeed exhibit higher churning flows, but a high average age of establishments reduces rather than increases churning.

Original languageEnglish (US)
Pages (from-to)669-676
Number of pages8
JournalJournal of Economics and Management Strategy
Volume7
Issue number4
StatePublished - 1998

Fingerprint

Industry
Hiring
Workers
Worker turnover
Hypothesis test

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Management of Technology and Innovation
  • Strategy and Management
  • Economics and Econometrics

Cite this

Hiring risky workers : Some evidence. / Burgess, Simon; Lane, Julia; Stevens, David.

In: Journal of Economics and Management Strategy, Vol. 7, No. 4, 1998, p. 669-676.

Research output: Contribution to journalArticle

Burgess, S, Lane, J & Stevens, D 1998, 'Hiring risky workers: Some evidence', Journal of Economics and Management Strategy, vol. 7, no. 4, pp. 669-676.
Burgess, Simon ; Lane, Julia ; Stevens, David. / Hiring risky workers : Some evidence. In: Journal of Economics and Management Strategy. 1998 ; Vol. 7, No. 4. pp. 669-676.
@article{3a0250d1243147ce8a3082c72c721b4c,
title = "Hiring risky workers: Some evidence",
abstract = "Lazear recently suggested that firms that do not expect to live for a long time will hire only safe workers. Hence their worker turnover will be lower. In this paper we test this hypothesis using both the industry growth rate and industry-average age of establishments as measures of the horizon for a particular firm. We find mixed results, both at the industry level and at the establishment level. Establishments in growing industries do indeed exhibit higher churning flows, but a high average age of establishments reduces rather than increases churning.",
author = "Simon Burgess and Julia Lane and David Stevens",
year = "1998",
language = "English (US)",
volume = "7",
pages = "669--676",
journal = "Journal of Economics and Management Strategy",
issn = "1058-6407",
publisher = "Wiley-Blackwell",
number = "4",

}

TY - JOUR

T1 - Hiring risky workers

T2 - Some evidence

AU - Burgess, Simon

AU - Lane, Julia

AU - Stevens, David

PY - 1998

Y1 - 1998

N2 - Lazear recently suggested that firms that do not expect to live for a long time will hire only safe workers. Hence their worker turnover will be lower. In this paper we test this hypothesis using both the industry growth rate and industry-average age of establishments as measures of the horizon for a particular firm. We find mixed results, both at the industry level and at the establishment level. Establishments in growing industries do indeed exhibit higher churning flows, but a high average age of establishments reduces rather than increases churning.

AB - Lazear recently suggested that firms that do not expect to live for a long time will hire only safe workers. Hence their worker turnover will be lower. In this paper we test this hypothesis using both the industry growth rate and industry-average age of establishments as measures of the horizon for a particular firm. We find mixed results, both at the industry level and at the establishment level. Establishments in growing industries do indeed exhibit higher churning flows, but a high average age of establishments reduces rather than increases churning.

UR - http://www.scopus.com/inward/record.url?scp=0032267063&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=0032267063&partnerID=8YFLogxK

M3 - Article

VL - 7

SP - 669

EP - 676

JO - Journal of Economics and Management Strategy

JF - Journal of Economics and Management Strategy

SN - 1058-6407

IS - 4

ER -