The Economic Journal · 1995 · 258 citations · 0 references
Public AffairsTeachingEducation ReformStudent TeachingTeacher PolicyDuration AnalysisTeacher DemandTeacher Labor MarketsTeacher RetentionTeacher TenureTeacher Working ConditionsLeave Duration CalculationRetention Of Novice TeachersTeacher Exit DecisionsTeacher Exit IntentionsTeacher Leave PolicyTeacher Persistence
In this paper, the authors analyze the decision by teachers to leave the profession. Their results affirm the importance of relative earnings in the tenure and turnover decisions of teachers. The econometric modeling approach used yields important insights into the appropriateness of adopting a flexible, semiparametric specification of the duration dependence structure and of the unobserved heterogeneity distribution in duration models. Copyright 1995 by Royal Economic Society.