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dc.contributor.authorEjarque, João Miguelen_US
dc.contributor.authorNilsen, Øivind Antien_US
dc.date.accessioned2008-10-09en_US
dc.date.accessioned2010-07-07T11:33:27Z-
dc.date.available2010-07-07T11:33:27Z-
dc.date.issued2008en_US
dc.identifier.piurn:nbn:de:101:1-20081014445en_US
dc.identifier.urihttp://hdl.handle.net/10419/35088-
dc.description.abstractA relatively unexplored question in dynamic labour demand regards the source of adjustment costs, whether they depend on net or gross changes in employment. We estimate a structural model of dynamic labour demand where the firm faces adjustment costs related to gross and net changes in its workforce. We focus on matching quarterly moments of hiring and of net changes in employment from a panel of establishments. The main component of adjustment costs in our panel is quadratic adjustment costs to gross changes in employment. We also estimate that adjustment costs have a large economic cost, roughly cutting the value of our establishments in half.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA discussion papers 3703en_US
dc.subject.jelC33en_US
dc.subject.ddc330en_US
dc.subject.keywordEmploymenten_US
dc.subject.keywordadjustment costsen_US
dc.subject.keywordestablishment level dataen_US
dc.subject.keywordstructural estimationen_US
dc.subject.stwArbeitsnachfrageen_US
dc.subject.stwAnpassungskostenen_US
dc.subject.stwStatistische Bestandsanalyseen_US
dc.subject.stwPortugalen_US
dc.titleIdentifying adjustment costs of net and gross employment changesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn581180127en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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