Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/178321 
Authors: 
Year of Publication: 
2014
Citation: 
[Journal:] Journal for Labour Market Research [ISSN:] 2510-5027 [Volume:] 47 [Issue:] 1-2 [Publisher:] Springer [Place:] Heidelberg [Year:] 2014 [Pages:] 83-106
Publisher: 
Springer, Heidelberg
Abstract: 
Using a representative establishment data set for Germany, I show that, in line with the existing literature for several countries, firms' adjustment costs for employment are characterized by a fixed and convex functional form. Furthermore, they are asymmetric with dismissal costs exceeding hiring costs. An analysis of firms' adjustment in the period 1996 - 2010 also indicates that adjustment behavior has changed over time. Comparing the employment adjustment in the two observed business cycles comprising the years 1996 - 2003 and 2004 - 2010, I find that the adjustment speed was higher in the second business cycle indicating that adjustment costs have fallen in recent years.
Subjects: 
Beschäftigungsentwicklung
Personalanpassung
Beschäftigungsschwankung
Konjunkturabhängigkeit
Kosten
Kostenentwicklung
institutionelle Faktoren
Personalabbau
Beschäftigerverhalten
IAB-Betriebspanel
Arbeitnehmerüberlassungsgesetz
Arbeitnehmerüberlassung
Leiharbeit
labour turnover
Personaleinstellung
Westdeutschland
Ostdeutschland
Bundesrepublik Deutschland
JEL: 
C24
D22
E24
J23
Persistent Identifier of the first edition: 
Document Type: 
Article

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