%0 Report
        %A Pfann, Gerard A.
        %T Options to Quit
        %D 2000
        %8 2000 Sep
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 197
        %U https://www.iza.org/index.php/publications/dp197
        %X This paper develops a theoretical model of a worker’s decision problem under uncertainty about the optimal separation time, when holding a representative outside offer but facing fixed costs of quitting. Implications of the model’s closed form solution are consistent with the quit behavior of workers from a large Dutch company.
        %K voluntary turnover
%K Job mobility
%K fixed costs
%K timing
%K downsizing