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Mahmood Arai and Fredrik Heyman
 
''Temporary contracts and the dynamics of job turnover''
( 2004, Vol. 10 No.4 )
 
 
We report results indicating that job turnover is not countercyclical in general but rather reflects the inability of smooth labor adjustment through the use of temporary employment contracts. Service establishments with a high share of temporary employment exhibit acyclical job reallocation, while only permanent jobs within manufacturing are found to be countercyclical.
 
 
Keywords: Dual labor markets
JEL: J2 - Demand and Supply of Labor: General
 
Manuscript Received : Mar 13 2004 Manuscript Accepted : Apr 12 2004

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