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dc.contributor.authorPolder, Michaelen_US
dc.contributor.authorVerick, Sheren_US
dc.date.accessioned2009-01-28T16:14:19Z-
dc.date.available2009-01-28T16:14:19Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/20465-
dc.description.abstractIn this paper we investigate the dynamic adjustment of labour and capital in German and Dutch firms. The Dutch labour market is characterised by greater flexibility in wages and work arrangements in comparison to Germany. These institutional differences imply that employment dynamics in the two countries should differ, and in particular, labour adjustment in the Netherlands should be more responsive to economic changes. On the other hand, there is unlikely to be such a divergence in capital dynamics as investment conditions are similar. Our results are consistent with this hypothesis. Furthermore, there is no evidence that labour market regulations in the two countries affect the dynamics of capital adjustment.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesIZA Discussion paper series 1212en_US
dc.subject.jelE24en_US
dc.subject.jelE22en_US
dc.subject.jelC23en_US
dc.subject.ddc330en_US
dc.subject.keywordinvestmenten_US
dc.subject.keywordlabour demanden_US
dc.subject.keywordinterrelationen_US
dc.subject.keywordpanel dataen_US
dc.subject.keywordGMMen_US
dc.subject.stwInvestitionen_US
dc.subject.stwArbeitsnachfrageen_US
dc.subject.stwArbeitsmarktflexibilisierungen_US
dc.subject.stwWirtschaftliche Anpassungen_US
dc.subject.stwVergleichen_US
dc.subject.stwDeutschlanden_US
dc.subject.stwNiederlandeen_US
dc.titleDynamics of Labour and Capital Adjustment : A Comparison of Germany and the Netherlandsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn392408244en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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