PAY, TECHNOLOGY, AND THE COST OF WORKER ABSENCE
Melvyn Coles,
Joseph Lanfranchi,
Ali Skalli and
John Treble
Economic Inquiry, 2007, vol. 45, issue 2, 268-285
Abstract:
Conventional studies of absenteeism concentrate on labor supply. An equilibrium approach, however, establishes that the shadow cost of absenteeism varies across firms that operate different technologies. Using an unusual employee/employer matched data set from France, which records both individual worker absenteeism and information about technology, we show that firms operating just‐in‐time technology have higher shadow costs of absence than firms that do not. The estimates are used to calculate the economy‐wide cost of absence, which turns out to be very low. (JEL J22, J31, J41)
Date: 2007
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https://doi.org/10.1111/j.1465-7295.2006.00031.x
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