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dc.contributor.authorEjarque, João Miguelen
dc.contributor.authorNilsen, Øivind Antien
dc.date.accessioned2008-10-09-
dc.date.accessioned2010-07-07T11:33:27Z-
dc.date.available2010-07-07T11:33:27Z-
dc.date.issued2008-
dc.identifier.piurn:nbn:de:101:1-20081014445en
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
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x3703en
dc.subject.jelC33en
dc.subject.ddc330en
dc.subject.keywordEmploymenten
dc.subject.keywordadjustment costsen
dc.subject.keywordestablishment level dataen
dc.subject.keywordstructural estimationen
dc.subject.stwArbeitsnachfrageen
dc.subject.stwAnpassungskostenen
dc.subject.stwStatistische Bestandsanalyseen
dc.subject.stwPortugalen
dc.titleIdentifying adjustment costs of net and gross employment changes-
dc.type|aWorking Paperen
dc.identifier.ppn581180127en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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