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Empirical Evidence On The Cost Of Adjustment And Dynamic Labour Demand


Empirical Evidence On The Cost Of Adjustment And Dynamic Labour Demand
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Empirical Evidence On The Cost Of Adjustment And Dynamic Labour Demand Electronic Resource


Empirical Evidence On The Cost Of Adjustment And Dynamic Labour Demand Electronic Resource
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Author : Amano, Robert A
language : en
Publisher:
Release Date : 1995

Empirical Evidence On The Cost Of Adjustment And Dynamic Labour Demand Electronic Resource written by Amano, Robert A and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1995 with categories.




Empirical Evidence On The Cost Of Adjustment And Dynamic Labour Demand


Empirical Evidence On The Cost Of Adjustment And Dynamic Labour Demand
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Author : Robert A. Amano
language : en
Publisher:
Release Date : 2008

Empirical Evidence On The Cost Of Adjustment And Dynamic Labour Demand written by Robert A. Amano and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.


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.



Labor Demand


Labor Demand
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Author : Daniel S. Hamermesh
language : en
Publisher: Princeton University Press
Release Date : 2021-01-12

Labor Demand written by Daniel S. Hamermesh and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-12 with Business & Economics categories.


In this book Daniel Hamermesh provides the first comprehensive picture of the disparate field of labor demand. The author reviews both the static and dynamic theories of labor demand, and provides evaluative summaries of the available empirical research in these two subject areas. Moreover, he uses both theory and evidence to establish a generalized framework for analyzing the impact of policies such as minimum wages, payroll taxes, job- security measures, unemployment insurance, and others. Covering every aspect of labor demand, this book uses material from a wide range of countries.



Dynamic Labor Demand And Adjustment Costs


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.



Labor Demand And The Source Of Adjustment Costs


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 With Lumpy And Kinked Adjustment Costs


Dynamic Labour Demand With Lumpy And Kinked Adjustment Costs
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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.




Three Squeezes


Three Squeezes
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Author : Andrew Newell
language : en
Publisher:
Release Date : 1989

Three Squeezes written by Andrew Newell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Depressions categories.




A Model Of Labour Demand With Linear Adjustment Costs


A Model Of Labour Demand With Linear Adjustment Costs
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Author : Samuel Bentolila
language : en
Publisher:
Release Date : 1992

A Model Of Labour Demand With Linear Adjustment Costs written by Samuel Bentolila and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992 with Adjustment costs categories.




Asymmetric Adjustment Costs In Labour Demand Models With Empirical Evidence For The Manufacturing Sector In The Netherlands And The Uk


Asymmetric Adjustment Costs In Labour Demand Models With Empirical Evidence For The Manufacturing Sector In The Netherlands And The Uk
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Author : Gerard A. Pfann
language : en
Publisher:
Release Date : 1988

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 has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988 with categories.




Labor Market Flexibility And Unemployment


Labor Market Flexibility And Unemployment
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Author : Mr.Lorenzo E. Bernal-Verdugo
language : en
Publisher: International Monetary Fund
Release Date : 2012-03-01

Labor Market Flexibility And Unemployment written by Mr.Lorenzo E. Bernal-Verdugo and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-01 with Business & Economics categories.


The aim of this paper is to analyze the relationship between labor market flexibility and unemployment outcomes. Using a panel of 97 countries from 1985 to 2008, the results of the paper suggest that improvements in labor market flexibility have a statistically and significant negative impact on unemployment outcomes (over unemployment, youth unemployment and long-term unemployment). Among the different labor market flexibility indicators analyzed, hiring and firing regulations and hiring costs are found to have the strongest effect.