Download or read book A Model of Labour Demand with Linear Adjustment Costs written by Samuel Bentolila and published by . This book was released on 1992 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Dynamic Labor Demand and Adjustment Costs written by Giorgio Galeazzi and published by Edward Elgar Publishing. This book was released on 1992 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises a collection of essays by various authors on the subject of labour demand and adjusted labour costs which were previously published between 1962 and 1990.

Download or read book Labor Demand and the Source of Adjustment Costs written by Daniel S. Hamermesh and published by . This book was released on 1993 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Asymmetric Adjustment Costs in Nonlinear Labour Demand Models for The Netherlands and UK Manufacturing Sectors written by Gerard A. Pfann and published by . This book was released on 1991 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Analysis of Labour Adjustment Costs in Unionized Economies written by Leonor Modesto and published by . This book was released on 2000 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Dynamic Labor Demand with Lumpy and Kinked Adjustment Costs written by Paola Rota and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We analyze the dynamics of firms' employment decisions which underlie lumpy and kinked adjustment costs. We consider a dynamic structural model in which, in each period, firms face a choice of whether to vary the labor input or to postpone the adjustment to the future. By exploiting the first order condition for optimality, we derive a semi-reduced form in which firms' intertemporal employment are defined by a standard static marginal productivity condition augmented by a forward-looking term. In this way we obtain a marginal productivity equilibrium relation which takes into account the future alternatives of adjustment or non-adjustment that firms face as the result of the presence of fixed and linear adjustment costs. Linear costs amount to 35% of average labor costs, and fixed costs are estimated to be about 3.65 times average unit labor costs.

Download or read book Empirical Evidence on the Cost of Adjustment and Dynamic Labour Demand written by Robert A. Amano and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper the author examines whether there is significant evidence of the effect of adjustment costs on Canadian labour demand. This is an important question, as sluggish adjustment of labour demand resulting from significant adjustment costs may be one factor that could help explain some of the unemployment persistence found in Canadian data. The author uses a linear-quadratic model and attempts to estimate the relative adjustment costs of labour demand as well as its rate of adjustment towards long-run equilibrium. In contrast to others who have examined the dynamic behaviour of labour demand, the author estimates the structural parameters using the Euler equation and employs a limited-information approach that does not require an explicit solution for the model's control variables in terms of the forcing processes. The empirical estimates imply that adjustment costs are about four times more important than disequilibrium costs and that it takes over three and a half years for 90 per cent of labour demand adjustment to be completed. Therefore the author concludes that significant adjustment costs are an important feature of Canadian labour demand and that sluggishness due to these costs may be one explanatory factor in unemployment persistence.

Download or read book Dynamic Wage employment Bargaining with Employment Adjustment Costs written by Ben Lockwood and published by . This book was released on 1988 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Labor Demand with Fixed Adjustment Costs written by Paola Rota and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Labour demand with fixed adjustment costs written by Paola Rota and published by . This book was released on 1995 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Asymmetric Adjustment Costs in Nonlinear Labour Demand Models for the Netherlands and UK Manufacturing Sectors written by Gerard A. Pfann and published by . This book was released on 1991 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Asymmetric Adjustment Costs in Nonlinear Labour Demand Models with Empirical Evidence for the Dutch and UK Manufacturing Sectors written by Gerard Antonie Pfann and published by . This book was released on 1991 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Asymmetric Adjustment Costs in Labour Demand Models with Empirical Evidence for the Manufacturing Sector in the Netherlands and the UK written by Gerard A. Pfann and published by . This book was released on 1988 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Dynamic Modelling of Stochastic Demand for Manufacturing Employment written by Gerard A. Pfann and published by Springer. This book was released on 2013-12-21 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book interrelated factor demand models are surveyed. New methods are developed and are analysed empirically using Dutch and U.K. time series data. New methods are discussed for obtaining closed form solutions of linear ratinal expectations models, providing deeper insights into the identification of structural parameters of underlying theoretical models; recently developed time series techniques are applied in order to estimate structural parameters and test for model specification, stationarity and stability through time; new models are developed in which the rather stringent and questionable restrictions of symmetry generally imposed upon stochastic adjustment models of labour demand are relaxed, the models are analysed empirically using time series data of Dutch and U.K. manufacturing production and nonproduction workers.

Download or read book Dynamic Labour Demand with Lumpy and Kinded Adjustment Costs written by Paola Rota and published by . This book was released on 1999 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Genral Model of Dynamic Labor Demand written by Daniel S. Hamermesh and published by . This book was released on 1990 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study derives and estimates a dynamic model of factor demand that includes both fixed and quadratic variable costs of adjustment. Using quarterly data on the employment of mechanics at seven airlines, it finds that both types of adjustment costs characterize the dynamic constraints facing employers. Using monthly data covering production-worker employment in seven manufacturing plants, it shows that only fixed costs are important. The apparent diversity of the underlying costs of adjustment means it is difficult to draw useful inferences from macroeconometric estimates. It suggests the importance of examining broader arrays of microeconomic time series describing labor demand.

Download or read book Linear Adjustment Costs and Seasonal Labor Demand written by Patricia M. Anderson and published by . This book was released on 1992 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: