Hu, Luojia (contributor); Taber, Christopher (contributor) - 2007
, so job loss from a plant closing does not provide a
negative signal. Gibbons and Katz test for asymmetric information by … results from business decisions of firms unrelated to the
performance of particular workers. If the response to the job loss … question is positive, the
respondent is then asked about the reason of job loss: 1) plant closing, 2) slack work, 3) position …