RT Journal Article SR Electronic T1 How Responsive are Quits to Benefits? JF Journal of Human Resources JO J Hum Resour FD University of Wisconsin Press SP 969 OP 997 DO 10.3368/jhr.48.4.969 VO 48 IS 4 A1 Frazis, Harley A1 Loewenstein, Mark A. YR 2013 UL http://jhr.uwpress.org/content/48/4/969.abstract AB Economists have argued that one function of fringe benefits is to reduce turnover. However, the effect on quits of the marginal dollar of benefits relative to wages is underresearched. We use the benefit incidence data in the 1979 National Longitudinal Survey of Youth and the cost information in the National Compensation Survey to impute benefit costs and estimate quit regressions. The quit rate is much more responsive to benefits than to wages, and total turnover even more so; benefit costs are also correlated with training provision. We cannot disentangle the effects of individual benefits due to their high correlation.