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Cited by 3,092

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Job Matching and the Theory of Turnover

Jovanovic, Boyan·1979·Journal of Political Economy

Abstract

A long-run equilibrium theory of turnover is presented and is shown to explain the important regularities that have been observed by empirical investigators. A worker's productivity in a particular job is not known ex ante and becomes known more precisely as the worker's job tenure increases. Turnover is generated by the existence of a nondegenerate distribution of the worker's productivity across different. The nondegeneracy is caused by the assumed variation in the quality of the worker-employer match.

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Metadata

Authors
Jovanovic, B.
Venue
Journal of Political Economy
Published
1979-10
Volume
87
Issue
5, Part 1
Pages
972-990
ISSN
  • 0022-3808 (ISSN-L)
  • 1537-534X
OpenAlex
W2085042242
Cited by
3,092
References
1
FWCI
26.18
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Job Matching and the Theory of Turnover. https://app.cochat.ai/papers/10.1086/260808
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Jovanovic, B. (1979). Job Matching and the Theory of Turnover. Journal of Political Economy. https://doi.org/10.1086/260808

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