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associated with it In particular we distinguish between employment hours and effort per worker and allow for adjustment costs … associated with employment changes We assume that the requirement function for effective hours has a general trans …-logarithmic form and derive an estimable system of Euler equations for inventories and employment with implied cross …
Persistent link: https://www.econbiz.de/10010293442
associated with it. In particular, we distinguish between employment, hours and effort per worker, and allow for adjustment costs … associated with employment changes. We assume that the requirement function for effective hours has a general trans …-logarithmic form, and derive an estimable system of Euler equations for inventories and employment with implied cross …
Persistent link: https://www.econbiz.de/10004968811
associated with it. In particular, we distinguish between employment, hours and effort per worker, and allow for adjustment costs … associated with employment changes. We assume that the requirement function for effective hours has a general trans …-logarithmic form, and derive an estimable system of Euler equations for inventories and employment with implied cross …
Persistent link: https://www.econbiz.de/10005063121
adjustment costs and indivisibility of labor in the employment stickiness of manufacturing firms with less than 75 employees …. When small firms have to adjust employment in units of at least one employee, indivisibility becomes an important source of … explains around 50% of the stickiness of employment, adjustment costs explain the other 50%. …
Persistent link: https://www.econbiz.de/10011604686
several countries, firms' adjustment costs for employment are characterized by a fixed and convex functional form. Furthermore …-2010 also indicates that adjustment behavior has changed over time. Comparing the employment adjustment in the two observed …
Persistent link: https://www.econbiz.de/10010344616
) most of the narrowing employment gap, and (3) all of the reversing education gap. Crucially, the model can also account for …
Persistent link: https://www.econbiz.de/10012976472
Many studies have been conducted to analyze the effect of stricter Employment Protection Legislation (EPL). However … entailing future stronger labor rigidities, from January 2001 to May 2012. Using the Permanent Employment Survey (EPE), we find … a negative relation between expectations towards a stricter labor market and both employment and average income. News …
Persistent link: https://www.econbiz.de/10013001881
in economic growth. However, there are two different views regarding to the effects of technology on employment. A … negative insight of technology on employment insists that a simple labor-saving technology innovation like the introduction of … industries causes ultimate growth in the industry, and subsequently requires more employment. This is the income effect of …
Persistent link: https://www.econbiz.de/10014241724
Many studies have been conducted to analyze the effect of stricter Employment Protection Legislation (EPL). However … entailing future stronger labor rigidities, from January 2001 to May 2012. Using the Permanent Employment Survey (EPE), we find … a negative relation between expectations towards a stricter labor market and both employment and average income. News …
Persistent link: https://www.econbiz.de/10010735919
Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...
Persistent link: https://www.econbiz.de/10013318980