How Costly is Turnover? Evidence from Retail
---- Acknowledgments ----
We thank Achyuta Adhvaryu, Clement de Chaisemartin, Dan Hamermesh, Mitch Hoffman, John Horton, Chris Stanton, Steve Trejo, and seminar participants at Royal Holloway University of London, the UCLA Trans-Pacific Pacific Labor Seminar, and the IZA Conference on Exploring the Breadth of Labor Economics in honor of Dan Hamermesh for helpful comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.