Haouas, Ilham; Yagoubi, Mahmoud; Heshmati, Almas - In: Review of Middle East Economics and Finance 1 (2003) 3, pp. 1012-1012
This paper investigates the process of adjustment in employment. A dynamic model is applied to a panel of six Tunisian … factors affecting the speed of adjustment. The empirical results show that, in the long run, employment demands respond … greatest to output, followed by changes in capital stock, and least by wages. Over time, the speed of adjustment in employment …