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Dynamic Labour Demand With Lumpy And Kinded Adjustment Costs

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Dynamic Labour Demand With Lumpy And Kinded Adjustment Costs

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Author : Paola Rota
language : en
Publisher:
Release Date : 1999

Dynamic Labour Demand With Lumpy And Kinded Adjustment Costs written by Paola Rota and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.

Dynamic Labour Demand With Lumpy And Kinked Adjustment Costs

DOWNLOAD
Author : Paola Rota
language : en
Publisher:
Release Date : 1999

Dynamic Labour Demand With Lumpy And Kinked Adjustment Costs written by Paola Rota and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.

Dynamic Labor Demand With Lumpy And Kinked Adjustment Costs

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Author : Paola Rota
language : en
Publisher:
Release Date : 2001

Dynamic Labor Demand With Lumpy And Kinked Adjustment Costs written by Paola Rota and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.

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.

Dynanic Labour Demand With Lumpy And Kinked Adjustment Costs

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Author :
language : en
Publisher:
Release Date : 1999

Dynanic Labour Demand With Lumpy And Kinked Adjustment Costs written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.

Labor Demand And The Source Of Adjustment Costs

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Author : Daniel S. Hamermesh
language : en
Publisher:
Release Date : 1993

Labor Demand And The Source Of Adjustment Costs written by Daniel S. Hamermesh and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Labor economics categories.

Dynamic Labour Demand

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Author : Paola Rota
language : en
Publisher:
Release Date : 1994

Dynamic Labour Demand written by Paola Rota and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.

Dynamic Labor Demand And Adjustment Costs

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Author : Giorgio Galeazzi
language : en
Publisher: Edward Elgar Publishing
Release Date : 1992

Dynamic Labor Demand And Adjustment Costs written by Giorgio Galeazzi and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Business & Economics categories.

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.