Maoz Yishay D. - In: The B.E. Journal of Macroeconomics 3 (2003) 1, pp. 1-20
I study the dynamics of shiftwork when the demand for the output of the firm is stochastic and adjusting the number of shifts entails irreversible costs. The analysis reveals the existence of a gap between the level of demand that triggers activation of a shift and the level of demand that...