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The Endogeneity of Advance Notice and Fear of Destructive Attrition

The Review of Economics and Statistics 1994 76(2), 378
This study simultaneously estimates the likelihoods that a worker receives advance notice of a plant closing and that a notified worker quits the job before its scheduled end. The author finds that fear of early attrition is a significant determinant of a firm's decision to provide advance notice. Explicit consideration of employer's concerns may significantly improve prediction of advance notice. Copyright 1994 by MIT Press.