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Leaving Teaching in the UK: A Duration Analysis
Peter Dolton and Wilbert von der Klaauw
The Economic Journal
Vol. 105, No. 429 (Mar., 1995), pp. 431-444
Stable URL: http://www.jstor.org/stable/2235502
Page Count: 14
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In this paper we analyse the decision by teachers to leave the profession. Our results affirm the importance of relative earnings in the tenure and turnover decisions of teachers. The econometric modelling approach used yields important insights into the appropriateness of adopting a flexible, semi-parametric specification of the duration dependence structure and of the unobserved heterogeneity distribution in duration models.
The Economic Journal © 1995 Royal Economic Society