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Author : Charles A. Fleischman
Publisher :
ISBN 13 :
Total Pages : 46 pages
Book Rating : 4.E/5 ( download)
Download or read book The Endogeneity of Employment Adjustment Costs written by Charles A. Fleischman and published by . This book was released on 1996 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
![Download Wage Contracts and Labor Adjustment Costs as Endogenous Propagation Mechanisms [electronic Resource] PDF Online Free](https://books.google.com/books/content/images/frontcover/i3CeDAEACAAJ?fife=w200-h370)
Author : Ambler, Steve
Publisher : [Montréal] : Centre de recherche sur l'emploi et les fluctuations économiques, Université du Québec à Montréal (CREFÉ) = Center for Research on Economic Fluctuations and Employment (CREFE)
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (489 download)
Download or read book Wage Contracts and Labor Adjustment Costs as Endogenous Propagation Mechanisms [electronic Resource] written by Ambler, Steve and published by [Montréal] : Centre de recherche sur l'emploi et les fluctuations économiques, Université du Québec à Montréal (CREFÉ) = Center for Research on Economic Fluctuations and Employment (CREFE). This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Frank Brechling
Publisher : Manchester University Press
ISBN 13 : 9780719005725
Total Pages : 130 pages
Book Rating : 4.0/5 (57 download)
Download or read book Investment and Employment Decisions written by Frank Brechling and published by Manchester University Press. This book was released on 1975 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: Textbook on theoretical developments in the dynamic theory of the enterprise, with particular reference to decision making concerning investment and employment - explains and tests the multi-period theory of the firm without, and with, adjustment costs, etc., and includes models. Bibliography pp. 104 to 107, graphs and statistical tables.
Author : Russell W. Cooper
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (8 download)
Download or read book The Economics of Labor Adjustment written by Russell W. Cooper and published by . This book was released on 2001 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: We study the inferences about labor adjustment costs obtained by the 'gap methodology' of Caballero and Engel [1993] and Caballero, Engel and Haltiwanger [1997]. In that approach, the policy function of a manufacturing plant is assumed to depend on the gap between a target and the current level of employment. Using time series observations, these studies reject the quadratic cost of adjustment model and find that aggregate employment dynamics depend on the cross sectional distribution of employment gaps. We argue that these conclusions may not be justified. Instead these findings may reflect difficulties measuring the gap. Thus it appears that the gap methodology, as currently employed, may be unable to: (i) identify the costs of labor adjustment and (ii) assess the aggregate implications of labor adjustment costs.
Author : Gil Mehrez
Publisher :
ISBN 13 :
Total Pages : 166 pages
Book Rating : 4.:/5 (33 download)
Download or read book Output, Employment and Prices in a World with Adjustment Costs written by Gil Mehrez and published by . This book was released on 1995 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Lucia Foster
Publisher :
ISBN 13 :
Total Pages : 62 pages
Book Rating : 4.:/5 (43 download)
Download or read book On the Sources and Size of Employment Adjustment Costs written by Lucia Foster and published by . This book was released on 1999 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Russell W. Cooper
Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.3/5 ( download)
Download or read book The Cost of Labor Adjustment written by Russell W. Cooper and published by . This book was released on 2003 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Giovanni Bruno
Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.3/5 (91 download)
Download or read book Multinational Corporations, Wages and Employment written by Giovanni Bruno and published by . This book was released on 2000 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines home country effects of globalization, namely whether employment in foreign affiliates is a substitute or a complement to employment in the parent firms. Calculates changes in adjustment costs and cross-price elasticities for US firms abroad in the years 1982-1994.
Author : Giuseppe Bertola
Publisher :
ISBN 13 :
Total Pages : 340 pages
Book Rating : 4.:/5 (2 download)
Download or read book Adjustment Costs and Dynamic Factor Demands written by Giuseppe Bertola and published by . This book was released on 1988 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Daniel S. Hamermesh
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (874 download)
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 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Most models of dynamic labor demand are written in terms of costs of adjusting employment (net adjustment costs). A few are based on the costs of hiring and firing (gross adjustment costs). This study derives several models containing both types of adjustment costs. A dynamic-programming model with quadratic adjustment costs generates an estimate of the lower bound on the fraction of adjustment costs that are gross costs. A model with lumpy costs of adjustment also estimates the relative sizes of the two types of costs. The models are estimated over two sets of short monthly time series obtained from private sources, one from a medium-size hospital, the other describing three plants operated by a small manufacturing firm, The quadratic-cost model is also estimated using data describing small industries. The estimates demonstrate that the importance of the two types of costs differs across establishments, though gross adjustment costs appear relatively larger. The results provide evidence on issues of asymmetry in business cycles and the role of human capital in generating externalities in economic growth.
Author : José Varejão
Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.:/5 (249 download)
Download or read book Employment Dynamics and the Structure of Labor Adjustment Costs written by José Varejão and published by . This book was released on 2003 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Leonor Modesto
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.E/5 ( download)
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:
Author : Lucia Foster
Publisher :
ISBN 13 :
Total Pages : 47 pages
Book Rating : 4.:/5 (452 download)
Download or read book Employment Adjustment Costs and Establishment Characteristics written by Lucia Foster and published by . This book was released on 1999 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Daniel S. Hamermesh
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (133 download)
Download or read book Aggregate Employment Dynamics and Lumpy Adjustment Costs 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 examines what one can infer from aggregate time-series of employment under the assumption that adjustment at the micro level is discrete because of lumpy adjustment costs. The research uses various sets of quarterly and monthly data for the United States and imposes assumptions about how sectoral dispersion in output shocks affects adjustment through aggregation. I find no consistent evidence of any effect of sectoral shocks on the path of aggregate employment. I generate artificial aggregate time series from microeconomic processes in which firms adjust employment discretely. They produce the same inferences as the actual data. Standard methods of estimating equations describing the time path of aggregate employment yield inferences about differences in the size of adjustment costs that are incorrect and inconsistent with the true differences at the micro level. This simulation suggests that the large literature on employment dynamics based on industry or macro data cannot inform us about the size of adjustment costs, and that such data cannot yield useful information on variations in adjustment costs over time or among countries.
Author : Daniel S. Hamermesh
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (182 download)
Download or read book Labor Demand and the Structure of Adjustment Costs written by Daniel S. Hamermesh and published by . This book was released on 1988 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the nature of the costs that firms face in adjusting labor demand in response to shocks induced by changes in output demand and prices. Empirical work on monthly plant-level time-series data shows that adjustment proceeds in jumps. Employment is unchanged in response to small demand shocks, but moves instantaneously to a new long-run equilibrium if the shocks are large. Results in the large literature that assumes smooth adjustment are due to aggregation of this inherently nonlinear relation over subunits experiencing different shocks. The finding has implications for cyclical changes in productivity and for examining the effects of policies such as severance pay, layoff and plant-closing restrictions, and mandatory listing of job vacancies, all of which change the cost of adjusting employment
Author : Daniel S. Hamermesh
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (119 download)
Download or read book Aggregate Employment Dynamcis and Lumpy Adjustment Costs 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 examines what one can infer from aggregate time-series of employment under the assumption that adjustment at the micro level is discrete because of lumpy adjustment costs. The research uses various sets of quarterly and monthly data for the United States and imposes assumptions about how sectoral dispersion in output shocks affects adjustment through aggregation. I find no consistent evidence of any effect of sectoral shocks on the path of aggregate employment. I generate artificial aggregate time series from microeconomic processes in which firms adjust employment discretely. They produce the same inferences as the actual data. Standard methods of estimating equations describing the time path of aggregate employment yield inferences about differences in the size of adjustment costs that are incorrect and inconsistent with the true differences at the micro level. This simulation suggests that the large literature on employment dynamics based on industry or macro data cannot inform us about the size of adjustment costs, and that such data cannot yield useful information on variations in adjustment costs over time or among countries.
Author : James Pemberton
Publisher :
ISBN 13 :
Total Pages : 8 pages
Book Rating : 4.:/5 (246 download)
Download or read book Wage and Employment Determination when Employment Adjustment is Costly written by James Pemberton and published by . This book was released on 1987 with total page 8 pages. Available in PDF, EPUB and Kindle. Book excerpt:
