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Hamermesh, Daniel S. - 2002

I argue for increased reliance on non-U.S. data and policy evaluations to understand basic labor- market parameters and to predict the effects of changes in U.S. labor-market policies. Foreign experiences generate exogenous shocks to labor costs that create unusual opportunities to measure...

Persistent link: https://www.econbiz.de/10012469958

Turnover and the Dynamics of Labor Demand

Hamermesh, Daniel S. - 1992

The theory of the dynamics of labor demand is based either on the costs of adjusting the level of employment or on the … costs of hiring or firing (of gross changes in employment). We write down a generalized cost of adjustment function that … - maximizing path of employment demand and the Euler equation whose parameters we estimate. Identifying the two types of costs …

Persistent link: https://www.econbiz.de/10012474763

Labor Demand and the Structure of Adjustment Costs

Hamermesh, Daniel S. - 1988

jumps. Employment is unchanged in response to small demand shocks, but moves instantaneously to a new long-run equilibrium … listing of job vacancies, all of which change the cost of adjusting employment …

Persistent link: https://www.econbiz.de/10012476491

Labor Demand : What Do We Know? What Don't We Know?

Hamermesh, Daniel S. - 1991

This study reviews empirical research on the demand for labor. The static analysis discusses the production parameters describing homogeneous labor and labor disaggregated along various criteria; the distinction between workers and hours; the importance of job dynamics; and the nature of a...

Persistent link: https://www.econbiz.de/10012475097

Plant Closings, Labor Demand and the Value of the Firm

Hamermesh, Daniel S. - 1986

This study postulates an internal labor market in which workers accumulate firm-specific human capital that raises the value of the firm and insulates it to some extent from the vagaries of product demand that might result in its closing. Negative product-market shocks reduce wage growth and...

Persistent link: https://www.econbiz.de/10012477237

The Timing of Labor Demand

Cardoso, Ana Rute - 2008

relative labor-demand equations. The results demonstrate the existence of substitution of employment across times of the day …

Persistent link: https://www.econbiz.de/10012464082

Labor Demand and the Source of Adjustment Costs

Hamermesh, Daniel S. - 1993

Most models of dynamic labor demand are written in terms of costs of adjusting employment (net adjustment costs). A few …

Persistent link: https://www.econbiz.de/10012474557

A Genral Model of Dynamic Labor Demand

Hamermesh, Daniel S. - 1990

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 …

Persistent link: https://www.econbiz.de/10012475677

Cycles of Wage Discrimination

Biddle, Jeff - 2011

Using CPS data from 1979-2009 we examine how cyclical downturns and industry-specific demand shocks affect wage differentials between white non-Hispanic males and women, Hispanics and African-Americans. Women's and Hispanics' relative earnings are harmed by negative shocks, while the earnings...

Persistent link: https://www.econbiz.de/10012461332

Spatial and Temporal Aggregation in the Dynamics of Labor Demand

Hamermesh, Daniel S. - 1992

The paper demonstrates the general difficulty of inferring the structure of adjustment costs from aggregated, including industry data, except in the unlikely case that costs are symmetric and quadratic at the micro level. The implications of this difficulty for cross-national comparisons of...

Persistent link: https://www.econbiz.de/10012474924