Haouas, Ilham; Yagoubi, Mahmoud; Heshmati, Almas - Institute for the Study of Labor (IZA) - 2003
greatest to value-added, followed by capital stock changes, and least by wages. The speed of adjustment in employment and the …This paper investigates the process of adjustment in employment. A dynamic model is applied to a panel of six Tunisian … variables and is used to model the desired level of labour-use. The labour requirement is specified to be function of wages …