elasticity estimates for 2002-2009. The economic crisis of 2008-2009 provides a source of variation needed for getting estimates …), the short-term elasticity is -0.53 with respect to wages and 0.43 with respect to sales, while the long-term elasticities … increased during the crisis, suggesting that firms became demand constrained, but only the sales elasticity is significantly …

elasticity estimates for 2002–2009. The economic crisis of 2008–2009 provides a source of variation needed for getting estimates …), the short-term elasticity is -0.53 with respect to wages and 0.43 with respect to sales, while the long-term elasticities … increased during the crisis, suggesting that firms became output demand constrained, but only the sales elasticity is …

bracketed in the interval [0.05, 0.80], with the (un-weighted) mean elasticity across the various methods ranging from 0.26 to 0 …

, labour demand equations are fitted in levels by efficient estimation techniques. To account for possible structural change …

bracketed in the interval [0.05, 0.80], with the (un-weighted) mean elasticity across the various methods ranging from 0.26 to 0 …

, labour demand equations are fitted in levels by efficient estimation techniques. To account for possible structural change …