Showing 1 - 10 of 19,228
Persistent link: https://www.econbiz.de/10011948287
debates often concentrate on cost- containment strategies and search for improved efficient resource allocation and equitable … progress, productivity, and cost: three important dimensions of the evolving modern healthcare systems. It provides a logical … integration of three strands of work linking healthcare cost to technology and research evidence on sectoral productivity …
Persistent link: https://www.econbiz.de/10011901024
Persistent link: https://www.econbiz.de/10001549502
Persistent link: https://www.econbiz.de/10014514558
Persistent link: https://www.econbiz.de/10014279884
Persistent link: https://www.econbiz.de/10011886510
Persistent link: https://www.econbiz.de/10014564794
Persistent link: https://www.econbiz.de/10000654974
A simple model evaluating a firm’s optimal employment reaction to an imminent recession is presented. Firing costs shelter employment – and this effect is typically amplified by uncertainty due to an option value of waiting. However, this job protection effect is reduced if the expected...
Persistent link: https://www.econbiz.de/10003852225
This paper shows that adjustment costs modelled as firing costs of moderate size go a long way in explaining the variability and counter-cyclicality of the labour share at the firm and aggregate level. Firing costs cause firms to fire less in recessions and hire less in booms causing wage costs...
Persistent link: https://www.econbiz.de/10003484210